Hexa Reports Market Research Reports and Insightful Company Profiles
Permanent Magnets Market Analysis, Growth Trends and Segment Forecasts, 2012 To 2020
The global market for permanent magnets is expected to reach USD 31.18 billion by 2020. Growth of global automobile industry is expected to be a key driving factor for permanent magnets market over the forecast period. Permanent magnets are widely used for numerous applications in automobile industry. Various components such as motors, alternators and gearbox require permanent magnets for their mechanism. Grand View Research further observes that the shift in trend towards developing renewable energy generation including solar and wind energy is also expected to drive the market for permanent magnets. Browse Detail Report With TOC @ http://www.hexareports.com/report/permanent-magnets-marketanalysis-by-product-ferrite-neo-ndfeb-smco-alnico-by-application-automotive-electronics-energygeneration-and-segment-forecasts-to-2020/details Permanent magnets are used in the stator of the wind turbine which is responsible for producing AC electricity. Ferrite magnets dominated the global market, accounting for over 80% of total volumes in 2012. However, in terms of revenue, ferrite magnets accounted for just over 20% of the total revenue for the same year.
Hexa Reports Market Research Reports and Insightful Company Profiles Ferrite magnets are relatively cheaper than other permanent magnets such as NdFeB magnets, SmCO and Alnico magnets and hence account for a relatively smaller revenue share in the overall market. NdFeB is expected to be the fastest growing product segment, at an estimated CAGR of 9.4% from 2013 to 2020. Growing awareness regarding the benefits offered by NdFeB over other magnets in high performance automotive applications is expected to drive its demand over the forecast period. Further key findings from the study suggest: Global permanent magnets demand is expected to reach 1,262.6 kilo tons by 2020 growing at a CAGR of 8.6% from 2013 to 2020 Automotive industry emerged as the leading application market for permanent magnets and accounted for approximately half of the total consumption in 2012. However, the shift in trend towards adoption of renewable energy including wind energy has helped energy generation to become the most attractive market for permanent magnets. Energy generation is expected to be the fastest growing application market for permanent market at an estimated CAGR of 9% from 2013 to 2020 Asia Pacific dominated the overall market for permanent magnets and accounted for 80% of the total consumption in 2012. China alone accounted for 65% of world's demand for permanent magnets in 2012, consolidating its position as the leading permanent magnets producer as well as consumer, on account of huge rare earth metals deposits in the country which are available at an affordable price for domestic industries Request A Sample copy of This Report @ http://www.hexareports.com/sample/42797 China is expected to continue its dominance in the global market with its government announcing plans to increase permanent magnets capacity in the nation by 20 kilo tons by 2015 The global market for permanent magnets is highly fragmented with a large number of small Chinese manufacturers operating in the market. These small manufacturers pose threat to large manufacturers in terms of their price offerings. Some of the major companies operating in the global market for permanent magnets include Adams Magnetic Products Co., Hangzhou Permanent Magnet Group, Anhui Earth-Panda Advance Magnetic Material Co. Ltd and Hitachi Metals Ltd., Molycorp Magnequench and Shin-Etsu Chemical Co. Ltd among some other companies For the purpose of this study, Grand View Research has segmented the global permanent magnets market on the basis of product, application and region:   
Permanent Magnets Product Outlook Permanent Magnets Application Outlook Permanent Magnets Regional Outlook
Hexa Reports Market Research Reports and Insightful Company Profiles Table Of Content Chapter 1 Executive Summary 1.1 Permanent Magnets - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Permanent Magnets Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Permanent Magnets Market Dynamics 2.4 Key Opportunities Prioritized 2.5 Industry Analysis - Porter's 2.6 Permanent Magnets - Company Market Share Analysis 2.7 Permanent Magnets - PESTEL Analysis Chapter 3 Permanent Magnets Product Outlook 3.1 Ferrite 3.2 Neo (NdFeb) 3.3 SmCO 3.4 Alnico Browse All Materials Market Research Related Reports @ http://www.hexareports.com/category/materials-market Chapter 4 Permanent Magnets Application Outlook 4.1 Automotive 4.2 Electronics 4.3 Energy Generation 4.4 Other Chapter 5 Permanent Magnets Regional Outlook 5.1 North America 5.2 Europe 5.3 China 5.4 Rest of Asia Pacific 5.5 RoW Chapter 6 Permanent Magnets Competitive landscape 6.1 Adams Magnetic Products Co. 6.2 Anhui Earth-Panda Advance Magnetic Material Co. Ltd 6.3 Arnold Magnetic Technologies 6.4 Daido Steel Co. Ltd 6.5 Eclipse Magnetics Ltd
Hexa Reports Market Research Reports and Insightful Company Profiles 6.6 Electron Energy Corporation 6.7 Goudsmit Magnetics Group 6.8 Hangzhou Permanent Magnet Group 6.9 Hitachi Metals Ltd 6.10 Molycorp Magnequench Chapter 7 Methodology and Scope 7.1 Research Methodology 7.2 Research Scope & Assumption 7.3 List of Data Sources Browse Full Report @ http://www.hexareports.com/report/permanent-magnets-market-analysis-byproduct-ferrite-neo-ndfeb-smco-alnico-by-application-automotive-electronics-energy-generation-andsegment-forecasts-to-2020/details About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: sales@hexareports.com Our Website: http://www.hexareports.com/