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Bonded Magnet Market Is Forecast To Reach A Valuation Of US$ 10.9 Billion By 2032

06-15-2023 04:04 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Bonded Magnet Market Is Forecast To Reach A Valuation Of US$ 10.9

The global bonded magnet market is estimated at US$ 5.1 Billion in 2022, and is forecast to reach a valuation of US$ 10.9 Billion by 2032, expanding at an impressive CAGR of 7.8% from 2022 to 2032. Worldwide sales of bonded magnets account for around 14% share of the total market valuation of the global magnet market, which is projected to increase at a CAGR of 6.9% over the forecast period of 2022-2032.

The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Bonded Magnet Market both at worldwide and provincial levels.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : -https://www.factmr.com/connectus/sample?flag=S&rep_id=7176?PJ

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ: -

TDK Corporation
Hitachi Metals, Ltd.
Ningbo Yunsheng Co. Ltd.,
Advanced Technology Materials Co. Ltd.
Magnequench International, LLC
SDM Magnetics Co., Ltd.
Ningbo Newland Magnet Industry Co., Ltd.
Arnold Magnetic Technologies,
Mate Co., Ltd.
Evitron Sp. z o.o.
MMC Magnetics Corp
RHEINMAGNET Horst Baermann GmbH.
Dura Magnetics, Inc.
Adams Magnetic Products
National Imports, LLC

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ

โ€ข By Product Type:

โ€ข Rare Earth Magnets
โ€ข NdFeB
โ€ข SmCo
โ€ข Bonded Ferrite Magnets

โ€ข By Process Type:

โ€ข Injection Molded
โ€ข Compression
โ€ข Calendaring
โ€ข Extrusion

โ€ข By Application:

โ€ข Sensors
โ€ข Motors
โ€ข Hard Disk Drives
โ€ข Level Gauges
โ€ข Instrument Panels
โ€ข Copier Rotors
โ€ข Fuel Filters
โ€ข Magnetic Couplings

โ€ข By End Use

โ€ข Automotive
โ€ข HVAC Equipment
โ€ข Medical Devices
โ€ข Cameras
โ€ข Consumer Electronic Appliances
โ€ข Computers and Magnetic Storage Devices
โ€ข Electrical Equipment
โ€ข Measurement Instruments
โ€ข Printer and Copiers

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

The global bonded magnet market is moderately consolidated in nature. There exist big players in the market with huge financial muscle and distribution networks spread across the globe. Key global players account for 15% to 20% of the market share, whereas, other small- and medium-sized players account for 80% to 85%.

Key companies have adopted various strategies such as mergers & acquisitions, partnerships, etc., to upscale their growth. New product development is a key strategy that bonded magnet suppliers are resorting to expand their market presence among consumers.

Fact.MR has provided detailed information about price points of top manufacturers of bonded magnet positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

On 2nd March 2021, Arnold Magnetic Technologies acquired Ramco Electric Motors Company. This acquisition will further advance the company's strategic priorities to deliver engineered solutions and new materials that empower customers to develop next-generation technologies.

In 2020, Ningbo Newland Magnet Industry Co. Ltd. launched a type of bonded magnet that can be used with 5G technology, which ensures that ferrite and samarium-cobalt magnets should be able to provide the performance required in 5G applications.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž๐ฌ

North America (U.S., Canada)

Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)

EU - (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe

CIS & Russia

Japan

Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

๐‡๐จ๐ฐ ๐…๐š๐œ๐ญ.๐Œ๐‘ ๐€๐ฌ๐ฌ๐ข๐ฌ๐ญ๐ฌ ๐ข๐ง ๐Œ๐š๐ค๐ข๐ง๐  ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐Œ๐จ๐ฏ๐ž๐ฌ?

The data provided in the Bonded Magnet Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง : https://www.factmr.com/connectus/sample?flag=RC&rep_id=7176?PJ

US Sales Office:
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Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E Mail : sales@factmr.com

Fact.MR is a market research and consulting firm with deep expertise in emerging market intelligence. Ranging from Automotive and Industry 4.0 to Healthcare, Technology, Chemicals, Materials and even the most niche categories.

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