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 Report Scope and Research Methodology :
The report employs a robust research methodology to provide in-depth insights into the Bonded Magnet Market. To understand market dynamics and trends, extensive research was conducted using data from reliable sources and industry experts.
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Bonded Magnet Market Dynamics:
The Bonded Magnet Market is experiencing significant growth, primarily driven by its use in the automotive industry. These lightweight magnets have become indispensable in various applications, particularly in electric vehicles, wind turbines, and consumer electronics, such as microphones, headphones, speakers, cell phones, printers, and hard drives. Bonded magnets offer several advantages, including flexibility in shaping, high dimensional tolerance, wider temperature range usability, and cost-effectiveness compared to fully dense rare earth and ferrite magnets.
Bonded Magnet Market Regional Insights:
East Asia: East Asia, particularly China and Japan, is a significant contributor to the bonded magnet market, accounting for approximately 45% of market revenue. The region’s automotive industry, with robust sales and demand for electric vehicles, plays a pivotal role in this growth. Moreover, consumer electronics and electrical equipment sectors are substantial market segments in East Asia, together constituting about a third of the market’s value.
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Bonded Magnet Market 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
Bonded Magnet Market 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
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Table of content for the Bonded Magnet Market includes:
- Global Bonded Magnet Market : Research Methodology
- Global Bonded Magnet Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Bonded Magnet Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A 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
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size and Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by growth and trend
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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