Global Magnetic Materials In-Depth Monitoring and Development Analysis Report 2023

Length- 95 Pages | Published Date - 2022-10-01 | Report Id- 4059
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In terms of market side, this report researches the Magnetic Materials revenue, growth rate, market share by manufacturers, by type, by application and by region (region level and country level), from 2018 to 2023, and forecast to 2029.Global Magnetic Materials market size in 2022 is 31268.40 million US dollars, and it is expected to be 48335.75 million US dollars by 2029, with a compound annual growth rate of 6.42% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:
The main players in the Magnetic Materials market include Daido Steel Co. Ltd., Tengam Engineering, Inc., TDK Corp, Shin-Etsu Chemical Co. Ltd., and Molycorp Magnequench. The share of the top 3 players in the Magnetic Materials market is XX%.

REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Magnetic Materials market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:
The report segments the market by Type and Application. Hard accounted for XX% of Magnetic Materials market in 2022. Semi-hard share of XX%.
Automotive & Transportation accounted for XX% of the Magnetic Materials market in 2022. Electronics accounts for XX%.

Report Includes:
This report presents an overview of global market for Magnetic Materials. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key players of Magnetic Materials, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Magnetic Materials, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Magnetic Materials market share and industry ranking of main players, data from 2018 to 2023. Identification of the major stakeholders in the global Magnetic Materials market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, from 2018 to 2029. Evaluation and forecast the market size for Magnetic Materials sales, projected growth trends, technology, application and end-user industry.

Market Trend:
Growing Demand in Electronics and Automotive Industries: The increasing adoption of electronic devices such as smartphones, tablets, and laptops has driven the demand for magnetic materials, particularly in the production of hard disk drives (HDDs) and other data storage devices. Additionally, the rising popularity of electric vehicles (EVs) and hybrid vehicles has created a higher demand for magnetic materials in motors and powertrain systems.

Renewable Energy Sector: Magnetic materials are essential components in renewable energy technologies such as wind turbines and solar power systems. The expansion of renewable energy generation has driven the demand for magnetic materials for generators, transformers, and other components.

Miniaturization and Performance Improvement: With the ongoing trend of miniaturization in electronics, there is a need for magnetic materials that offer high performance in small form factors. This has led to the development of new magnetic materials with improved magnetic properties, such as higher coercivity, permeability, and energy storage capacity.

Shift towards Rare Earth-Free Magnets: Rare earth magnets, specifically neodymium-iron-boron (NdFeB) magnets, have dominated the magnetic materials market due to their superior magnetic properties. However, the limited availability of rare earth elements and concerns over environmental impact have led to efforts to develop alternative magnet materials that reduce or eliminate the use of rare earth elements.

Advancements in Magnetic Sensors: Magnetic sensors play a crucial role in various applications, including automotive systems, consumer electronics, industrial automation, and healthcare. Continuous advancements in magnetic sensor technologies, such as magnetoresistive sensors and Hall effect sensors, have opened up new opportunities for the magnetic materials market.

The Following is the Scope of Analysis Mainly Covered by Our Research on the Global {XX} Market:
Highlights-Regions
North America
United States
Canada
Asia Pacific
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Latin America
Brazil
Argentina
Colombia
Mexico
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Player list
Daido Steel Co. Ltd.
Tengam Engineering, Inc.
TDK Corp
Shin-Etsu Chemical Co. Ltd.
Molycorp Magnequench
Hitachi Metals Ltd.
Arnold Magnetic Technologies Corporation
Electron Energy Corporation
Lynas Corporation Ltd.

Types list
Hard
Semi-hard
Soft

Application list
Automotive & Transportation
Electronics
Energy
Others

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Global Magnetic Materials In-Depth Monitoring and Development Analysis Report 2023

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