Magnets and Magnet Materials: Global Markets

Oct 2017| AVM055B| BCC Publishing
Ask a Question

Report Highlights

The global market for magnets and magnetic materials reached $32.2 billion in 2016. The market should reach $34.9 billion in 2017 and $51.7 billion by 2022, increasing at a compound annual growth rate (CAGR) of 8.2% from 2017 through 2022.

Report Includes

  • An overview of the global market for magnets and their materials, along with emerging technologies and potential business opportunities in the future.
  • Analyses of global market trends, with data from 2016, estimates for 2017, and projections of CAGRs through 2022.
  • An overview of the chemistry and physics of magnets, and the processes to produce magnet products, and specific applications for magnet materials.
  • Insight into the major end-use markets, such as instrumentation and other electronics, appliances and consumer electronics, industrial, and automotive.
  • Information pertaining to the market's dynamics, including drivers, restraints, and potential opportunities.
  • Profiles of major players in the field.

Report Scope

The scope of this report is broad and covers two types of magnets used globally: soft magnets and permanent magnets. They have been classified in terms of their magnetic properties and their uses.

There are four types of permanent magnets based on the magnetic materials used for production: alnico, neodymium, samarium-cobalt and ferrite. Each of these is further divided on the basis of production processes, which primarily are termed sintering and bonding. The major applications of permanent magnets are in electric motors; generators; medical devices; sonic equipment, magnetic sensors and transducers; and consumer electronics. The market for each type of permanent magnet in these applications and the market for each type of permanent magnet by region is also covered in this report. Additional breakdowns on the basis of global consumption in each end-user industry, which includes automotive, industrial, medical and home appliances, are also covered. The revenue forecasts from 2017 to 2022 are explained for each type of permanent magnet by production process, application and region.

Soft magnetic materials are divided into three types: electrical steel, soft ferrite and others. Other alloys used as soft magnetic material are amorphous alloys, nickel-iron alloys, silicon-iron alloy, iron-cobalt alloy, ferritic chromium-iron alloys and niobium-tin alloy. The major applications for soft magnetic materials are in electric motors, transformers, generators, alternators and others, which include inductors, relays and switches, antenna and filters. The end-user industry for soft magnets are electronics and telecommunications, electrical and automotive. The revenue forecasts from 2017 to 2022 of each type of soft magnets are described for each type for application, end-user industry and both by region.

The report also consists of a discussion of the major players across each of the segments; it explains the major market drivers for the global market of magnets and magnetic materials, the current trends within the industry and major end-user industries.

Analyst Credentials

Aneesh Kumar has been a project manager and partner with BizImpact Knowledge Services, LLP, a market research and services company primarily focused on opportunities in science and technology, since 2011. Kumar manages a team focused on global market research projects, primary interviews and market forecasting. He holds a BBA from the Institute of Chartered Financial Analysts of India and is a member of the Indo-German Chambers of Commerce.

Latest reports include:

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter Name Pages Price Member Price
Full Report: Magnets and Magnet Materials: Global Markets 205 $2,500 Free
Chapter- 1: Introduction5Free
Chapter- 2: Summary and Highlights3$250Free
Chapter- 3: Market and Technology Background26$317Free
Chapter- 4: Global Market for Magnets7$85Free
Chapter- 5: Global Market for Permanent Magnets79$963Free
Chapter- 6: Global Market for Soft Magnetic Materials32$390Free
Chapter- 7: Patent Review14$171Free
Chapter- 8: Market Drivers15$183Free
Chapter- 9: Company Profiles24$293Free
Published - Aug-2006| Analyst - Calvin Swift| Code - AVM055A

Report Highlights

  • Globally, permanent magnet markets are expected to increase 7.8% per year, from $8.1 billion currently to $11.8 billion in 2011. The most rapid growth is expected in China, Indonesia, Russia, Mexico, Taiwan, India, and Malaysia.
  • Significant consolidation has occurred and industry concentration is higher. In North America, the largest factor is TDK, which is largely a captive producer for its own electronics operations. The company has about 19% of the overall market. It is followed by VAC with 12%, Hitachi Metals with 11%, Arnold Magnetics with 9%, and Ugimag with 7%. No other company has more than 4% of the overall market.
  • Many suppliers compete in the same market segments, and corporate recognition (or reputation), gained through advertising and promotion, has become an important factor. Most companies in North America have adopted either a strategy of product differentiation via unique technology or a strategy of focus (market segmentation) that is usually based on an end-use

When do I get the report?
Most reports are fulfilled immediately. In some cases, it could take up to 24 hours.

In what format does this report get delivered to me?
We will send you an email with login credentials to access the report. You will also be able to download the pdf.

What are the free reports included in my purchase?
They consist of a collection of current reports from various partner publishers scanning multiple industries.

What is the difference between BCC Research and BCC Publishing?
BCC Research curates thousands of reports from different sources and provides access to this content to our clients. BCC Publishing is the publication arm of BCC Research (one of several publishers in our portal).

What reports do I get 'discounts' on with my purchase?
All reports. BCC Publishing reports will be available for a 50% discount. All other partner publishers are also available at deeply discounted rates.

Where are you located?
Wellesley Massachusetts, just outside of Boston, Massachusetts, USA.

How long has BCC Research been around?
We are approaching our 50 year anniversary in 2021!

What if I want you to invoice me for payment via Purchase Order?
Simply choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.

What if I have a question about your reports?
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times, and included in every purchase, to help our customers find the research they need-when they need it.

Can I share this report with my team?
Absolutely yes, with the purchase of additional user licenses.

Can I use your research in my presentation?
Absolutely yes, so long as the publisher is properly cited.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
RELATED REPORTS
Share This Report