Latest research on Permanent Magnet Market

Permanent Magnet Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Permanent Magnet Market Study" explored substantial growth of %. According to the report, Growing Trend of Energy Efficient Motors in All Applications is one of the primary growth factors for the market. Significant Growth of Automotive Industry Owing to Rising Population is also expected to contribute significantly to the Permanent Magnet market. Overall, Electronic Devices applications of Permanent Magnet, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Magnets, such as Permanent, is boosting the Permanent Magnet market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Permanent Magnet market identified that the demand is rising in many different parts of the world as "Changing Trend towards Renewable Energy ". Furthermore, some recent industry insights like "On 25th September 2018, AML Superconductivity and Magnetics (AML), the world leader in the development of magnet-based applications, has completed successful development and testing of its permanent magnet manufacturing technology, PM-Wire that is positioned to fundamentally change the way electric motors and generators are designed, manufactured and used across industries worldwide." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Permanent Magnet market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Permanent Magnet market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Permanent Magnet Market Study

Data Triangulation
The overall Permanent Magnet market size is calculated using market estimation process, the Permanent Magnet market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Permanent Magnet market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager