Press release
Global Permanent Magnets Market Share, Size, Trends And Growth Rate From 2017 To 2022
Request sample report @ http://www.expertmarketresearch.com/request?type=report&id=73&flag=B
Moreover, as compared to other energy storage devices, permanent magnet does not perform any network on its surroundings due to which its performance is not affected by repeated usage. Owing to the aforementioned characteristics, it finds numerous applications across various industries.
According to a new report by Expert Market Research, the global permanent magnets market reached a consumption value of US$ 16,808 Million in 2016 and is further expected to reach US$ 23,979 Million by 2022. Over the past several years, the demand for permanent magnets has accelerated as usage of energy-efficient technology and devices has been on a rise. Some of the other factors that have further added to the market growth include its expanding applications, focus on reduction of carbon footprint, advancements in information and communication technology and infrastructural developments in emerging markets.
Key findings from the report:
Various types of permanent magnets are Ferrite, Neodymium Iron Boron, Aluminium Nickel Cobalt and Samarium Cobalt.
The end-uses of permanent magnets include Data Storage Devices (HDD, CD, DVD), Hybrid Electric Vehicles, Electric Bicycles, Heating, Ventilating and Air Conditioners (HVAC), Wind Turbines and Others. In 2016, Data Storage Devices represented the largest end-use segment with the majority of the market share.
Region-wise, China dominated the market with a share of more than two-third of the total global production in 2016. It was followed by Japan, United States and Europe and Others.
Being fragmented in nature, the global permanent magnets market is surrounded by a number of players, namely, Advanced Technology & Materials Co. Ltd, Beijing Zhong Ke San Huan High-Tech Co. Ltd, BGRIMM Magnetic Materials & Technology Co. Ltd., Adams Magnetic Products Corporation, Arnold Magnetic Technologies Corporation, Bunting Magnetics Corporation, Jiashan Pengcheng Magnets Co. Ltd, Hitachi Metals America Ltd., Magnetics, Inc. and Master Magnetics, Inc.
Read full report with TOC @ http://www.expertmarketresearch.com/reports/permanent-magnets-market
Expert Market Research has analysed the global permanent magnets market according to type, end-use, major regions and top players:
Market breakup by Type
- Ferrite
- Neodymium Iron Boron
- Aluminium Nickel Cobalt
- Samarium Cobalt
Market breakup by End-use
- Data Storage Devices (HDD, CD and DVD)
- Hybrid Electric Vehicles
- Electric Bicycles
- Heating, Ventilating and Air Conditioners (HVAC)
- Wind Turbine
- Others
Market breakup by Region
- China
- Japan
- United States
- Europe
- Others
Top players
- Advanced Technology & Materials Co., Ltd
- Beijing Zhong Ke San Huan High-Tech Co., Ltd
- BGRIMM Magnetic Materials & Technology Co., Ltd.
- Adams Magnetic Products Corporation
- Arnold Magnetic Technologies Corporation
- Bunting Magnetics Corporation
- Jiashan Pengcheng Magnets Co., Ltd
- Hitachi Metals America Ltd.
- Magnetics, Inc.
- Master Magnetics, Inc.
Browse more reports on chemical & material research @ http://www.expertmarketresearch.com/categories/chemicals-market-reports
About Expert Market Research
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
Contact us
Expert Market Research
85 Broad St
New York, NY 10004
United States
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
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 Global Permanent Magnets Market Share, Size, Trends And Growth Rate From 2017 To 2022 here
News-ID: 560986 • Views: …
More Releases from Expert Market Research
Navigating the Future of the Australia Baby Carrier Market: Opportunities, Chall …
Australia Baby Carrier Market Outlook
The Australia baby carrier market is poised for substantial growth with a projected Compound Annual Growth Rate (CAGR) of 4.50% from 2024 to 2032, as per a new report by Expert Market Research. This market is rapidly evolving due to the increasing emphasis on parental convenience and infant safety. Innovative product designs and the growing trend of nuclear families further enrich the market's dynamism, accentuating the…
Hexafluorosilicic Acid Market Size, Share, Growth, Analysis 2024-2032
Hexafluorosilicic acid market has witnessed substantial growth due to its diverse applications across various industries. Hexafluorosilicic acid, also known as hydrogen hexafluorosilicate, is an inorganic compound with the chemical formula H2SiF6. It is primarily used in water fluoridation, metal surface treatment, and as a precursor for synthetic cryolite production.
This article provides an in-depth analysis of the hexafluorosilicic acid market, focusing on its size, share, growth trajectory, trends, industry segmentation, future…
Exploring the Future of the Australian Tire Market: Size, Opportunities, Challen …
Australia Tire Market Outlook
According to a new report by Expert Market Research titled "Australia Tire Market Size, Share, Analysis, Report, Demand, Forecast 2024-2032," the Australian tire market is poised for steady growth, with a projected compound annual growth rate (CAGR) of 5.04% from 2024 to 2032. This growth is driven by factors such as the increasing number of vehicles, robust consumer demand, and technological advancements in tire manufacturing.
Industry Overview
Australia boasts…
Unleashing the Power of Detergent Grade Enzymes: A Market Perspective
In the bustling world of industrial chemistry, where innovation meets necessity, detergent grade enzymes emerge as silent heroes, transforming the way we clean our fabrics and surfaces. The global detergent grade enzymes market has witnessed a remarkable surge, surpassing 815.09 kilo metric tons in volume in 2023. This surge is propelled by robust demand and a paradigm shift towards environmentally sustainable cleaning solutions. As we delve into the dynamics of…
More Releases for Magnetic
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
A detailed report on Global Magnetic Materials providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027. The research study offers complete analysis of critical aspects of the global Magnetic Materials , including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure. We have provided CAGR, value, volume, sales, production,…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
Coherent Market Insights, one of the leading market research firm has recently published a report.This report will provide data on the current and future trends of market, ongoing competition, key players share, market volume and value, etc. The key information covered in the report will help the existing as well as new entrants to get in-depth market knowledge and make appropriate business decisions for short term and long-term. The Magnetic…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
The Magnetic Materials report presents high-quality and wide-ranging research study with key factors that are expected to have a Major impact on the Magnetic Materials during the forecast period. The report present Key Market segments valued based on its growth rate and share.This report also provides an analysis of the impact of the COVID-19 pandemic on Industrial Labels Industry.The report explains the historical and current trends that are shaping…
Permanent Magnet Motor Market | Hitachi Metals Ltd., Adams Magnetic Products Co. …
Global Permanent Magnet Motor Market: Overview
The global market for permanent magnet motor has been growing at the back of the customised needs of various industrial units. Permanent magnet motors offer a wide range of advantages over other kinds of motors which has driven demand for the former across the globe. The permanent magnet motors are manufactured by creating a persistent magnetic field through a magnetized material, and these motors are…
Global Rubber Magnet Market 2017: Key Players – Adams Magnetic, Arnold Magneti …
Summary
WiseGuyReports.com adds “Rubber Magnet Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database.
This report provides in depth study of “Rubber Magnet market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Rubber Magnet Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product…
Global Rubber Magnet Market 2017: Key Players – Adams Magnetic, Arnold Magneti …
Summary
WiseGuyReports.com adds “Rubber Magnet Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database.
This report provides in depth study of “Rubber Magnet market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Rubber Magnet Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
