The Magnets market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
China is the largest national market by a substantial margin, due in part to the huge size of its electronics industry.
Ferrite and neodymium are the two most important magnet types commercially.
Electronics is the largest market for magnets, followed by industrial and automotive applications.
In the global Magnets market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Hitachi Metals(Japan)
Daido Steel(Japan)
TDK(Japan)
Shin-etsu Chemical(Japan)
Arnold Magnetic(U.S.)
Lynas Corporation(Australia)
Electron Energy(U.S.)
Tengam Engineering(U.S.)
Adams Magnetic(U.S.)
Bunting Magnetics(U.S.)
Market Segment by Product Type:
Neodymium
Ferrite
Samarium Cobalt
Alnico
Market Segment by Application:
Electronics
Industrial
Automotive
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Magnets market for the forecast period 2020 - 2025?
• What are the driving forces in the Magnets market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Magnets industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?