Press release
Automotive Magnetic Products Market Size, Share & Forecast 2025 | Top Most Keyplayers - Murata Manufacturing Co., Ltd., Hitachi Metals, Ltd., TDK Corporation, Daido Steel Co., Ltd, Aichi Steel, MARUWA CO., LTD., Shin-Etsu Chemical Co., Ltd
The Global Automotive Magnetic Products Market reached USD 955 million in 2023 and is projected to witness lucrative growth by reaching up to USD 1522.1 billion by 2031. The Global Graduated Cylinders Market is expected to exhibit a CAGR of 6% during the forecast period 2024-2031.Automotive Magnetic Products Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Automotive magnetic products are components that utilize magnetic materials and technologies to enhance vehicle performance, safety, and efficiency. These include sensors, actuators, electric motors, magnetic bearings, and alternators used in systems such as braking, steering, powertrain, and infotainment. With the rise of electric and hybrid vehicles, the demand for high-performance automotive magnets-like neodymium-based magnets-continues to grow, supporting advancements in vehicle electrification and smart functionalities.
Major players in the Automotive Magnetic Products market
The prominent players in Automotive Magnetic Products market research report are: Murata Manufacturing Co., Ltd., Hitachi Metals, Ltd., TDK Corporation, Daido Steel Co., Ltd, Aichi Steel, MARUWA CO., LTD., Shin-Etsu Chemical Co., Ltd., Tokyo Ferrite Mfg., TSUCHIYA CO., LTD., Magnequench International, LLC
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Automotive Magnetic Products Market Segments
By Material: Samarium-Cobalt (SmCo) Magnets, Neodymium (NdFeB) Magnets, AlNiCo Magnets, Ferrite Magnets, Plastic-Coated Magnets, Others
By Application: Actuators, In-Vehicle Infotainment
The Automotive Magnetic Products industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Automotive Magnetic Products Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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