Bonded Magnet Market : size was valued at US$ 2.41 Bn. in 2022. Automotive Application is expected to dominate the post COVID era for Bonded Magnet Market.
Bonded Magnet Market Overview:
The competitive landscape of the Bonded Magnet market includes information about competitors. Among the areas covered are a firm overview, financials, revenue generated, market potential, RD investment, new market efforts, geographical presence, business strengths and weaknesses, product introduction, and application dominance. The information that follows is only relevant to the organization's concentration on the Bonded Magnet market.
Market Scope:
Top-down and bottom-up approaches are used to validate the market size and estimate the market size by different segments. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.
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Segmentation:
by Product Type
• Ferrite Magnets
• Rare Earth Magnets
o NdFeB
o SmCo
• Others (Alnico, SmFeN, Hybrids)
by Application
• Sensors
• Level Gauges
• Motors
• Instrument Panels
• Fuel Filters
• HDD (Hard Disk Drives)
• Copier Rotors
by Process
• Calendaring Bonded Magnets
• Injection Molded Bonded Magnets
• Extrusion Bonded Magnets
• Compression Bonded Magnets
by End Use Industry
• Medical Devices
• Cameras
• Consumer Electronic Appliances
• Automotive
• HVAC Equipment
Bonded neodymium (NdFeB) magnets are being used more frequently in the automotive industry and have replaced traditional magnetic materials as the go-to option for creating new magnetic applications. Around 5% of the market value for bonded magnets, according to FMI, is accounted for by the vehicle industry. Neodymium bonded magnets are turning into a vital part of electric motors as a result of the rising demand for and sales of electric vehicles (EVs) in the global automotive industry.
- Bonded Magnet Market: Research Methodology
- Bonded Magnet Market: Executive Summary
- Market Overview and Definitions
- Introduction to Bonded Magnet Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Bonded Magnet Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- MA by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Bonded Magnet Market Segmentation
- Bonded Magnet Market, by Product Type(2021-2029)
- Bonded Magnet Market, by Application(2021-2029)
- Bonded Magnet Market, by Process(2021-2029)
- Bonded Magnet Market, byEnd Use Industry(2021-2029)
- Regional Residential Roofing Market(2021-2029)
- Bonded Magnet Market, by Product Type(2021-2029)
- Bonded Magnet Market, by Application(2021-2029)
- Bonded Magnet Market, by Process(2021-2029)
- Bonded Magnet Market, byEnd Use Industry(2021-2029)
- Regional Residential Roofing Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
• Alliance LLC
• Advanced Technology Materials Co., Ltd.
• Xiamen Yuxiang Magnetic Materials Technology Co. Ltd
• Allstar Magnetics
• Arnold Magnetic Technologies.
• VACUUMSCHMELZE GmbH Co. KG
• Neo Magnequench
• Stanford Magnets
• Hitachi, Ltd.
• Magnequench International, LLC
• Viona Magnetics.
• DEXTER MAGNETIC TECHNOLOGIES.
• Evitron.
• MS-Schramberg GmbH Co. KG
• RHEINMAGNET Horst Baermann GmbH.
• Stanford Magnets
Primary and secondary research are used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The following are the key players of the Bonded Magnet market-
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Regional Analysis:
Individual market influencing components and changes in market rules that impact present and future market trends are also explored in the research's geographical component. Downstream and upstream value chain analysis, technology trends, Porter's five forces analysis, and case studies are some of the elements utilized to anticipate market scenarios for various nations.
COVID-19 Impact Analysis on Bonded Magnet Market: In addition, the paper evaluates the influence of COVID-19 on the Bonded Magnet market. The primary goal of this research is to assist users in understanding the market in terms of definition, segmentation, market potential, important trends, and challenges that the industry faces across major regions. The study presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the Bonded Magnet Market. The analysis focuses on market share and size, clearly illustrating the impact of the pandemic on the global Bonded Magnet Market in the next years.
Key Questions Answered in the Bonded Magnet Market Report are:
- What will be the Bonded Magnet market's CAGR throughout the projected period (2021-2027)?
- Which market category emerged as the market leader in the Bonded Magnet industry?
- Who are the key players in the Bonded Magnet market?
- What important trends in the Bonded Magnet industry are anticipated to develop throughout the forecast period?
- How big will the Bonded Magnet market be in 2027?
- In 2020, which business segment had the highest proportion of the Bonded Magnet market?
