New Manufacturing research report from TechNavio is now available from Fast Market Research

Boston, MA -- (SBWire) -- 07/08/2014 --Permanent magnets are materials which retain their magnetic properties permanently. In other words, they exhibit magnetic properties even if they are removed from a magnetic field. Permanent magnets can be broadly classified into rare earth, ferrite, aluminum-nickel-cobalt (Alnico), and other magnets. The rare earth magnets can be further subdivided into neodymium-iron-boron (NdFeB) and samarium-cobalt (SmCo) magnets. Permanent magnets are used in a wide range of applications including household equipment, electronic and medical devices, power generation devices, and automobiles.

TechNavio's analysts forecast the Global Permanent Magnets market will grow at a CAGR of 8.42 percent over the period 2013-2018.

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Covered in this Report

The Global Permanent Magnets market can be divided into four segments: Ferrite, NdFeB, SmCo, and Alnico. These are the major sets of products for power cables.

TechNavio's report, the Global Permanent Magnets Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, and the APAC region; it also covers the Global Permanent Magnets market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

- North America
- Europe
- APAC

Key Vendors

- TDK Corp.
- Hitachi Metals Ltd.
- Shin-Etsu Chemical Co. Ltd.

Other Prominent Vendors

- Chengdu Galaxy Magnets Co. Ltd.
- Daido Steel Co. Ltd.
- JPMF Guangdong Co. Ltd.
- Ningbo Yunsheng Co. Ltd.
- Vacuumschmelze GmbH & Co KG

Key Market Driver

- Increasing Usage in Current and Emerging Industrial Applications
- For a full, detailed list, view our report.

Key Market Challenge

- Volatility in Cost of Raw Materials
- For a full, detailed list, view our report.

Key Market Trend

- Focus on Product Innovation and Modification
- For a full, detailed list, view our report.

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: TDK Corp., Hitachi Metals Ltd., Shin-Etsu Chemical Co. Ltd., Chengdu Galaxy Magnets Co. Ltd., Daido Steel Co. Ltd., JPMF Guangdong Co. Ltd., Ningbo Yunsheng Co. Ltd., Vacuumschmelze GmbH & Co KG

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