The multinational Permanent Lifting Magnets market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Permanent lifting magnets are composed of magnet materials and steel parts which build a path through which the magnetic flux goes from the magnet materials to ferromagnetic load to be lifted.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times and supply-lead-times.
At present, because of the substitutability and higher safety of electromagnetic lifting, and many companies remove the business of permanent magnet lifting, focusing on the development of electromagnetic lifting, the global market of permanent magnet lifting will continue to shrink.
Over the past two years, the Chinese government has vigorously advocated energy saving and emission reduction, and formulated a series of policies to solve the problem of excess capacity in the steel industry. Permanent magnet lifting will receive tremendous impact downstream. Because of this, India\'s iron and steel industry is in full swing, with rapid growth in output and exports, which will drive the growth of permanent magnet lifting.
In the global Permanent Lifting 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 market segmentation by manufacturers, the report covers the following companies-
Hishiko
Kanetec
Walker Magnetics
magnetoolinc
Sarda Magnets
Eriez Manufacturing
Armstrong Magnetics
Industrial Magnetics
Walmag Magnetics
Braillon Magnetics
ALFRA GmbH
Eclipse Magnetics
Earth-Chain Enterprise
Assfalg GmbH
Hunan Kemeida Electric
Shenyang Longi
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Below 500Kg
500-1000Kg
Above 1000Kg
In market segmentation by applications :
Steel
Construction
Industrial
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Permanent Lifting Magnets market for the forecast period 2020 - 2025?
• What are the driving forces in the Permanent Lifting 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 Permanent Lifting 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?