openPR Logo
Press release

Permanent Magnet MarketGrowth, Opportunities, Leading Manufacturers, Trends, Key Segmentation, Regional Analysis, and Forecast to 2029

09-13-2024 12:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Browse 200 market data Tables and 100 Figures spread through 300 Pages and in-depth TOC on "Permanent Magnet Market"

Browse 200 market data Tables and 100 Figures spread through 300 Pages and in-depth TOC on "Permanent Magnet Market"

The Permanent Magnet market is expected to expand due to rising demand for electric vehicles, renewable energy, and electronics. Key regions for growth include Asia-Pacific, North America, and Europe, driven by industrial, automotive, and green tech investments.
The permanent magnet market [https://www.marketsandmarkets.com/Market-Reports/permanent-magnet-market-806.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=permanentmagnetmarket] is projected to grow from USD 53.5 billion in 2024 to USD 80.4 billion by 2029, at a CAGR of 8.5% during the forecast period. The permanent magnet has a wide range of applications such as motors, generators, sensors, actuators, medical devices, loudspeakers, mobile devices and other applications. The growing demand for consumer electronics is driving the growth of permanent magnet market across the globe. Global shift towards electric vehicles and hybrid vehicles in automotive industry is driving the demand for permanent magnets.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=806 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=806&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=permanentmagnetmarket]

In comparison to traditional magnets, permanent magnets offer raw magnetic strength and compactness. They are available in variety of sizes and grades. These magnets possess high coercivity, high retentivity, high remanence and maximum energy product. Another advantage is that permanent magnets offer excellent stability, rigidity, moisture absorption and resistance to corrosion. They generally require low maintenance as compared to traditional magnets. Due to these properties, they are widely used in consumer electronics, offering various electronic devices such as smartphones, earbuds, loudspeakers and more.

Some of the major manufacturers operating in the permanent magnet industry [https://www.marketsandmarkets.com/ResearchInsight/permanent-magnet-market.asp?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=permanentmagnetmarket] are Proterial, Ltd. (Japan), Arnold Magnetic Technologies (US), TDK Corporation (Japan), Yantai Dongxing Magnetic Materials Inc. (China), Shin-Etsu Chemical Co., Ltd. (Japan), Electron Energy Corporation (US), Adams Magnetic Products, LLC (US), Bunting Magnetics Co. (US), Tengam Engineering, Inc. (US), Ningbo Yunsheng Co., Ltd. (China), Chengdu Galaxy Magnets Co., Ltd. (China), Goudsmit Magnetics (Netherlands), Eclipse Magnetics (UK), Dexter Magnetic Technologies (US),and Earth Panda Advance Magnetic Material Co., Ltd. (China).

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=806 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=806&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=permanentmagnetmarket]

Many of the major players in the past few years have been adopting various growth strategies to strengthen their position in the global permanent magnet market. These growth strategies include agreements, product launches, contracts, collaborations, mergers & acquisitions, partnerships, and research and development activities aiming to expand their market presence in the permanent magnet market even further.

Proterial, Ltd. (Japan)

Proterial, Ltd., is leading Japanese company that deals in manufacturing of high-performance materials. The company operates under various business segments such as Specialty steel, Roll, Automotive casting, Piping components, Magnetic materials, Power electronics materials, Electric wire & cable, and Automotive components. The company is top leading manufacturer of high-performance permanent magnets. The company has strong foothold in North America, Europe and the Asia Pacific region.

Arnold Magnetic Technologies (US)

Arnold Magnetic Technologies is one of the top leading manufacturers of high-performance permanent magnets, flexible composites, electromagnets, magnetic assemblies and precision thin materials. The company provides high quality and high-performance permanent magnets that are used in wide range of end-use industries such as Aerospace & Defense, Oil & Gas, Industrial, Motors & Motion Control, Electric & Hybrid Motors, Motorsports, Medical Devices, Alternative Energy, and Consumer Electronics. Arnold Magnetic Technologies is spread across globally and maintains its geographical presence in North America, Europe and the Asia Pacific region.

Inquire Now: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=806 [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=806&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=permanentmagnetmarket]

About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=permanent-magnet-marketgrowth-opportunities-leading-manufacturers-trends-key-segmentation-regional-analysis-and-forecast-to-2029]
Phone: 18886006441
Address:1615 South Congress Ave Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/permanent-magnet-market-806.html



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Permanent Magnet MarketGrowth, Opportunities, Leading Manufacturers, Trends, Key Segmentation, Regional Analysis, and Forecast to 2029 here

News-ID: 3654300 • Views:

More Releases from ABNewswire

CarsX is Transforming the Car-Buying Experience with Breakthrough AI Solutions
CarsX is Transforming the Car-Buying Experience with Breakthrough AI Solutions
CarsX powers the car-buying journey with innovative AI capability that streamlines both: the buyer's research and the seller's communication. IRVINE, CA - OCTOBER 8, 2024 - CarsX [https://www.carsx.ai/], with its state-of-the-art app, has set a new standard in the worldwide automotive market. This innovative platform seamlessly integrates artificial intelligence into a car-buying experience, making everything from buying to selling more intuitive and efficient. The CarsX app empowers buyers with complete research
Meet Utopia Appaj: The Rising Voice in Wellness and Social Advocacy Writing
Meet Utopia Appaj: The Rising Voice in Wellness and Social Advocacy Writing
Utopia Appaj shares insights on wellness, mental health, and social issues through her reflective blog, encouraging introspection and awareness. Image: https://www.abnewswire.com/uploads/92d8e9adf941ac849913f9a1327f0baa.jpg Utopia Appaj, an emerging writer focusing on wellness and social issues, is steadily gaining a reputation as a voice of reflection and understanding. Through her blog [https://utopiaappaj.com/blog/], Appaj shares her introspective observations on topics ranging from mental health and self-care to broader social challenges. Utopia Appaj's work emphasizes a blend of personal
Seminar: Pioneering Industry Innovation and Shaping the Future of Animal Nutrition
10-08-2024 | Sports
ABNewswire
Seminar: Pioneering Industry Innovation and Shaping the Future of Animal Nutriti …
On September 13th, the NHU 2024 Animal Nutrition Technology Symposium commenced in Changchun. The event brought together numerous industry stakeholders to explore the latest research and applications in animal nutrition, offering valuable insights and solutions for enhancing the quality of the farming sector. Image: https://www.abnewswire.com/uploads/e02e738afc5d72b363c894cfcaab4ab9.jpg Presentation: Uncovering New Horizons in Animal Nutrition During the presentation session, experts shared their recent research findings and applications in animal nutrition. Topics included advancements in vitamins,
Asian Team CCDH Shines in the US, Wins First Prize in Global University Students' Algorithmic Challenge on Artificial Intelligence Large Space Modelling
Asian Team CCDH Shines in the US, Wins First Prize in Global University Students …
Montreal - 7 October, 2024 - The Global Student Algorithmic Challenge for Artificial Intelligence Large-Space Modelling (GSCAIM), held at the MIL campus of the University of Montreal (UM), came to a successful conclusion today. CCDH, a team from Asia, won the first prize of the competition with its outstanding performance and innovative algorithms, and became the only Asian team to win the award. The Global Student Algorithmic Challenge for Artificial Intelligence

All 5 Releases


More Releases for Magnet

Global Magnet Assemblies Industry Magnet Market Size 2021 Analysis And Forecast …
(United States, OR Poland): Global Magnet Assemblies Industry Magnet Market overview 2021 Magnet Assemblies Industry Magnet market studies the existing as well as the future visions of the Magnet Assemblies Industry Magnet market. It includes a detailed outline of the Magnet Assemblies Industry Magnet market along with market pictures. Also, it offers a complete data of the various segments in the Magnet Assemblies Industry Magnet market study. The report analyzes
Magnet Motor Free Energy Generator
More and more often one hears about the site https://www.magnet-motor4u.de/magnetmotor which does not only make the round online and is based on the findings of Infinity SAV, Muammer Yildiz, Howard Johnson, Friedlich Lüling, Mike Brady, V-Gate. All these inventors are among the greatest geniuses of the 20th century and have filed their own patents. Through their work, they paved the way for many amenities that we use daily and as a
Global Whiteboard Magnet Industry Market
This examination report sorts Global Whiteboard Magnet Industry Market by players/brands, locale, type, and application. This report likewise thinks about the worldwide market status, rivalry scene, the piece of the overall industry, development rate, future patterns, showcase drivers, openings and difficulties, deals channels, wholesalers and Porter's Five Forces Analysis. Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=4645 Table of Contents Chapter 1 Whiteboard Magnet Market Overview 1.1 Product Overview and Scope of Whiteboard Magnet
Global NdFeB Magnets Sales Market By Product Type | Sintered NdFeB Magnet and Bo …
Researchmoz added Most up-to-date research on "Global NdFeB Magnets Sales Market By Product Type | Sintered NdFeB Magnet and Bonded NdFeB Magnet" to its huge collection of research reports. In this report, the global NdFeB Magnets market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split
Global Sintered NdFeB Magnet Market 2016 : Zhenghai, Zhongbei, Sanhuan, Beijing …
A market study based on the "Sintered NdFeB Magnet Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Sintered NdFeB Magnet Market 2016’. The research report analyzes the historical as well as present performance of the global Sintered NdFeB Magnet market, and makes predictions on the future status of Sintered NdFeB Magnet market on the basis of this analysis. Global Sintered NdFeB Magnet Industry
Saving costs with magnet separators
S+S whitepaper provides information about magnet technology especially for the chemical and pharmaceutical industries Schönberg, July 2013 S+S has prepared a white paper on the subject of "Reduced process costs in the chemical and pharmaceutical industries with magnet separators". This white paper describes the application possibilities and the function of magnet separators, and the advantages for the chemical and pharmaceutical industries, which essentially are clean products and saving potentials. The white paper