The global Permanent Magnet Market is estimated to touch US$ 38.53 billion by the year 2024.With reference to the study statement by Grand View Research Inc., the global permanent magnet market is estimated to develop at a higher CAGR by the completion of the prediction period. The market of permanent magnet is mostly motivated by the growing demand for effectiveness and miniature size in a number of uses for example sensors, switches, lifts, and the increasing automobile manufacturing in the area of Asia-Pacific. The permanent magnet is mostly utilized in switches, sensors, motors, actuators and others.

The division of the global Permanent Magnet market on the source of Type of Application could span Industrialized, Automotive, Electronics. The increasing demand for electronics is estimated to increase the demand for permanent magnets above the period of prediction. But, the arrival of cloud computing, combined with its greater proportion of acceptance is estimated to undesirably influence the market of electronic storage device like DVDs, VCDs, and CDs which is expected to impede the development of industry.

Rare earth is broadly utilized in the machineries made for military & defense purposes, Aerospace missions and the aeronautics manufacturing. Furthermore, promethium discovers its usage in the batteries made for atomic equipment, spaceships and the arrangements of guided projectile. It is expected to increase the demand above the period of prediction.

The division of the international market of Permanent Magnet on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided in to the types: Rare Earth, Ferrite Magnet, Samarium Cobalt Magnet, Neodymium Iron Boron Magnet, Alnico Magnet.

The subdivision of rare earth magnet is estimated to be the speedily developing subdivision, by means of income. It will record the CAGR of 9.3% during the period of prediction, due to widespread practice of thick along with fused magnets in the application of automobile. The practice of ferrite magnets in the application of automobile is expected to be the speedily developing subdivision. It will record the CAGR of 8.7% because of its growing practice in the motors for windshield wipers, antenna lift, fuel pump, engine starter and door closing.

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The division of the global Permanent Magnet industry on the source of Type of End Use Business could span Environment & Energy, Automotive, Consumer Electronics, Medical Technology, General Industrial, Defense & Aerospace and Others. The division of the international market of Permanent Magnet on the source of Area. The statement divides international market into a number of important Areas. The division is done with respect to Trades in terms of intake, Profits, Market stake and Development percentage of Permanent Magnet in these areas, for the duration of the prediction period.

The area wise division of the international market could span North America [U.S., Canada], Central & South America [Brazil], Europe [Germany], Asia Pacific [India, Japan, China, South Korea], Middle East and Africa [South Africa]. By the source of geography, the market in Asia Pacific is estimated to be motivated by the greater demand for the rare earth and ferrite permanent magnets by the industries of automotive and electronics.

Furthermore, speedy industrial development of the Chinese economy has given rise to in the growth of the economy such as an industrialized base, heading to a greater demand for magnetic materials in the nation. The increasing demand for luxury cars in industrialized markets together with the Italy, France, Germany, Spain and UK, is likely to help the demand for ferrite magnets due to increasing use of the product in the automotive manufacturing in diverse types of motors and additional systems. The demand for ferrite magnets for automotive subdivision in Europe is likely to develop by a CAGR of 8.0% above the period of prediction.

The statement revises Trades in terms of intake of Permanent Magnet in the international market; particularly in North America, Europe, Asia Pacific, Central & South America Middle East & Africa. It concentrates on the topmost companies operating in these regions. The market of permanent magnet is disjointed due to the existence of a number of small and medium scale companies

Some of the important companies operating in the Permanent Magnet on the international basis are MolycorpMagnequench, Hangzhou Permanent Magnet Group, TDK Corporation, Adams Magnetic Products, Anhui Earth-Panda Advance Magnetic Material, Electron Energy Corporation, Arnold Magnetic Technologies, and Hitachi Metals.

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Market Segment:

Permanent Magnet Product Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)
    • Ferrite
    • Rare Earth

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In this report, Radiant Insights offers a comprehensive analysis of key market trends in the global Permanent Rare Earth Magnets market. It also includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks. The report extensively provides quantitative analysis of the industry from 2014-2026,by Region, Type, Application. Consumption assessment by application, production by type in different regions. Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. The market size in terms of revenue (USD) and production is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints). The worldwide market for Permanent Rare Earth Magnetsmarket will reach xxx Million USD in 2020 and is expected to grow at a CAGR of xx% 2021-2026.

Geographically, global Permanent Rare Earth Magnets market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• Hitachi Metals

• Vacuumschmelze

• Shin-Etsu Rare Earth Magnet

• TDK

On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into

• Neodymium Magnets

• Samarium Magnets

For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Permanent Rare Earth Magnets for each application, including

• Industrial

• Consumer Electronics

• Home Appliances

• Automotive

• Wind Turbines

• Medical Equipment

• Aerospace

Production, consumption, revenue, market share and growth rate are the key targets for Permanent Rare Earth Magnets from 2014 to 2026 (forecast) in these regions

• China

• USA

• Europe

• Japan

• Korea

• India

• Southeast Asia

• South America

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Table of Contents

1 Report Overview

1.1 Definition

1.2 Manufacturers and Regions Overview

1.2.1 Manufacturers Overview

1.2.2 Regions Overview

1.3 Type Overview

1.4 Application Overview

1.5 Industrial Chain

1.5.1 Permanent Rare Earth Magnets Overall Industrial Chain

1.5.2 Upstream

1.5.3 Downstream

1.5.4 Economic/Political Environment

2 Global Permanent Rare Earth Magnets Market Assesment by Types

2.1 Overall Market Performance

2.1.1 Product Type Market Performance (Volume)

2.1.2 Product Type Market Performance (Value)

2.2 China Permanent Rare Earth Magnets Market Performance

2.3 USA Permanent Rare Earth Magnets Market Performance

2.4 Europe Permanent Rare Earth Magnets Market Performance

2.5 Japan Permanent Rare Earth Magnets Market Performance

2.6 Korea Permanent Rare Earth Magnets Market Performance

2.7 India Permanent Rare Earth Magnets Market Performance

2.8 Southeast Asia Permanent Rare Earth Magnets Market Performance

2.9 South America Permanent Rare Earth Magnets Market Performance

3 Global Permanent Rare Earth Magnets Market Assesment by Application

3.1 Overall Market Performance (Volume)

3.2 China Permanent Rare Earth Magnets Market Performance (Volume)

3.3 USA Permanent Rare Earth Magnets Market Performance (Volume)

3.4 Europe Permanent Rare Earth Magnets Market Performance (Volume)

3.5 Japan Permanent Rare Earth Magnets Market Performance (Volume)

3.6 Korea Permanent Rare Earth Magnets Market Performance (Volume)

3.7 India Permanent Rare Earth Magnets Market Performance (Volume)

3.8 Southeast Asia Permanent Rare Earth Magnets Market Performance (Volume)

3.9 South America Permanent Rare Earth Magnets Market Performance (Volume)

For further inquiries, about - Global Permanent Rare Earth Magnets Industry Analysis, Size, Growth, Trends and Forecast 2020 - 2026, click on this link – https://www.radiantinsights.com/research/global-permanent-rare-earth-magnets-market-research-report-2020

4 Competitive Analysis

4.1 Hitachi Metals

4.1.1 Hitachi Metals Profiles

4.1.2 Hitachi Metals Product Information

4.1.3 Hitachi Metals Permanent Rare Earth Magnets Production, Revenue, Price and Gross Margin

4.1.4 Hitachi Metals Permanent Rare Earth Magnets Business Performance

4.1.5 SWOT Analysis

4.2 Vacuumschmelze

4.2.1 Vacuumschmelze Profiles

4.2.2 Vacuumschmelze Product Information

4.2.3 Vacuumschmelze Permanent Rare Earth Magnets Production, Revenue, Price and Gross Margin

4.2.4 Vacuumschmelze Permanent Rare Earth Magnets Business Performance

4.2.5 SWOT Analysis

4.3 Shin-Etsu Rare Earth Magnet

4.3.1 Shin-Etsu Rare Earth Magnet Profiles

4.3.2 Shin-Etsu Rare Earth Magnet Product Information

4.3.3 Shin-Etsu Rare Earth Magnet Permanent Rare Earth Magnets Production, Revenue, Price and Gross Margin

4.3.4 Shin-Etsu Rare Earth Magnet Permanent Rare Earth Magnets Business Performance

4.3.5 SWOT Analysis

4.4 TDK

4.4.1 TDK Profiles

4.4.2 TDK Product Information

4.4.3 TDK Permanent Rare Earth Magnets Production, Revenue, Price and Gross Margin

4.4.4 TDK Permanent Rare Earth Magnets Business Performance

4.4.5 SWOT Analysis

5 Competitive Landscape

5.1 Global Permanent Rare Earth Magnets Production (K Units) and Market Share by Manufacturers (2014-2020)

5.2 Global Permanent Rare Earth Magnets Revenue (M USD) and Market Share by Manufacturers (2014-2020)

5.3 Global Permanent Rare Earth Magnets Price (USD/Unit) of Manufacturers (2014-2020)

5.4 Global Permanent Rare Earth Magnets Gross Margin of Manufacturers (2014-2020)

5.5 Market Concentration

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