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Permanent Magnet Market – Global Opportunities & Forecast, 2020-2027

The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study.<br><br>Visit:https://www.gmiresearch.com/report/permanent-magnet-market/

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Permanent Magnet Market – Global Opportunities & Forecast, 2020-2027

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  1. Report Title Permanent Magnet Market – Global Opportunities & Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

  2. GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study. List of Significant Manufacturers in the Permanent Magnet Market include: •Hitachi Metals, Ltd. •Lynas Corporation Ltd. •Arnold Magnetic Technologies •TDK Corporation •Shin-etsu Chemical Co., Ltd. •Electron Energy Corporation •Bunting Magnetics Co. •Daido Steel Co., Ltd. •Tengam Engineering, Inc. •Adams Magnetic Products Co., Inc. Permanent Magnet Market Drivers and Restraints: The increasing demand for permanent magnets in a wide range of industries, including general industrial, automotive, medical technology, consumer electronics, aerospace & defense, and environment & energy, among other industries, is one of the factors contributing to the growth of the market. The growing demand for the permanent magnet market in the consumer electronics industry due to its beneficial properties, including high magnetic stability, lightweight, repulsion, inexpensiveness, and other features, is surging the growth of the market. Rapid growth in the global consumer electronics industry, along with the use of permanent magnets in several devices, including computers, laptops, televisions, music systems, and others, are further bolstering the market growth. The rising disposable income levels, rapid economic development, and the increasing industries are certain factors boosting the demand of the global permanent magnet 2

  3. market. The rising demand of permanent magnets for the manufacturing of wind generators, automotive vehicles, medical devices, and aerospace vehicles, is one of the major factors fuelling the market growth. The use of permanent magnets in batteries, electric motor, and internal combustion engines in the production of hybrid electric vehicles, followed by government inclination towards the adoption of energy-efficient vehicles, is projected to offer high growth opportunities to the global permanent magnet market in the upcoming years. On the other hand, the high raw material prices for rare earth magnets will hinder the permanent magnets market. The emergence of COVID 19 and China is one of the major markets for rare earth magnet is anticipated to hamper the market growth of permanent magnet in the upcoming years. Segmentation: Permanent Magnet Market Permanent Magnet Market: By Type •Neodymium Iron Boron Magnet •Ferrite Magnet •Samarium Cobalt Magnet •Alnico Magnet •Others Permanent Magnet Market: By End-Use Industry •Consumer Electronics •General Industrial •Automotive •Medical Technology •Environment & Energy •Aerospace & Defence •Others Permanent Magnet Market: By Region •North America oUnited States of America oCanada 3

  4. •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4

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