Permanent Magnet Market Summary, Competitive Analysis and Forecast to 2027
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Global Permanent Magnet industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– In a permanent magnet, the magnetic field is generated by the internal structure of the material. Permanent magnets retain their magnetism after being removed from an external magnetic field.
– The global permanent magnet market had total revenues of $20,911.3 million in 2022, representing a compound annual growth rate (CAGR) of 3.4% between 2017 and 2022.
– Market consumption volume increased with a CAGR of 2.3% between 2017 and 2022, to reach a total of 1,079,551.2 tons in 2022.
– The Asia-Pacific region dominated the global permanent magnet market in share, capturing a market share of 94.7% of the market value in 2022
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the permanent magnet market in the global
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global permanent magnet market
– Leading company profiles reveal details of key permanent magnet market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the Global permanent magnet market with five year forecasts
Reasons to Buy
– What was the size of the Global permanent magnet market by value in 2022?
– What will be the size of the Global permanent magnet market in 2027?
– What factors are affecting the strength of competition in the Global permanent magnet market?
– How has the market performed over the last five years?
– Who are the top competitors in the global's permanent magnet market?
Ltd.
TDK Corporation
Grinm Advanced Materials Co Ltd
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