Magnet Market Growth Analysis | Adams Magnetic Products, Arnold Magnetic Technologies Corp., Bunting Magnetics Co. are among key contributors

Competitive Benchmarking and Vendor Forecasts for 2022-2026

The magnet market and it is expected to grow by $ 14.52 bn, accelerating at a CAGR of almost 9.37% during the forecast period. The market is fragmented. The research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. Market players must distinguish their product and service offerings through a clear and unique value proposition in order to secure a substantial share of the market. This report will provide a detailed study of the key players with insights into their product portfolio and future pipeline. Adams Magnetic Products, Arnold Magnetic Technologies Corp., Bunting Magnetics Co., Chengdu Galaxy Magnets Co. Ltd., Daido Steel Co. Ltd., Goudsmit Magnetics Groep BV, Hitachi Metals Ltd., Ningbo Yunsheng Co. Ltd., Shin-Etsu Chemical Co. Ltd., and TDK Corp. are some of the major participants in the market.


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Global Magnet Market 2022-2026

Magnet Market: Market Highlights

  • The Magnet market is segmented by Type (permanent magnets and electromagnets) and Geography (APAC, North America, Europe, South America, and MEA).
  • APAC led the market with 52% of the market growth set to originate from this region during the forecast period.
  • Increasing demand from the automobile sector is one of the primary factors driving the growth of the magnet market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For more insights on this market: Download a Free Sample Report

Key Focus Areas in Our Reports:

  • Market segments
  • Comparison by Product
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  • Grading equipment - Market size and forecast 2020-2025
  • Scaling equipment - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Adams Magnetic Products
  • Arnold Magnetic Technologies Corp.
  • Bunting Magnetics Co.
  • Chengdu Galaxy Magnets Co. Ltd.
  • Daido Steel Co. Ltd.
  • Goudsmit Magnetics Groep BV
  • Hitachi Metals Ltd.
  • Ningbo Yunsheng Co. Ltd.
  • Shin-Etsu Chemical Co. Ltd.
  • TDK Corp.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 9.37%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 14.52 bn through 2022-2026.
     
  3. What is a key factor driving this market?
    Increasing demand from the automobile sector will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    52% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Adams Magnetic Products, Arnold Magnetic Technologies Corp., Bunting Magnetics Co., Chengdu Galaxy Magnets Co. Ltd., Daido Steel Co. Ltd., Goudsmit Magnetics Groep BV, Hitachi Metals Ltd., Ningbo Yunsheng Co. Ltd., Shin-Etsu Chemical Co. Ltd., and TDK Corp.
     
  7. What are the market segments covered in this report?
    The market is segmented by Type (permanent magnets and electromagnets) and Geography (APAC, North America, Europe, South America, and MEA)
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