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 :
This report is the result of an extensive research methodology, combining primary and secondary data sources, to provide a clear and accurate analysis of the bonded magnet market. Key research techniques include data collection, market modeling, and expert opinions.
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Bonded Magnet Market Dynamics:
- Lightweight characteristics of bonded magnets are fueling their adoption in the automotive industry.
- Rare-earth high-performance magnets are essential in the manufacturing of electric vehicles, wind turbines, and electronics, further boosting market expansion.
- Bonded magnets find extensive use in electronic equipment, including microphones, headphones, speakers, cell phones, printers, and hard drives.
- Cost-effectiveness and superior performance compared to sintered magnets contribute to market growth.
Bonded Magnet Market Regional Insights:
East Asia, particularly China and Japan, dominates the bonded magnet market, accounting for approximately 45% of market revenue. The automotive industry is a significant driver in this region, with China being Asia's largest automaker. South Asia & Pacific are witnessing growth due to manufacturing giants like HTC, Siemens, Toshiba, and GE establishing facilities in the region. Government initiatives like "Make in India" further drive market growth.
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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
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 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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