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Permanent Magnet in Europe

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    Report

  • 60 Pages
  • February 2024
  • Region: Europe
  • GlobalData
  • ID: 5973395
Description Jump to:
Permanent Magnet in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • A permanent magnet generates its magnetic field through the internal structure of the material, and it retains its magnetism, even after being separated from an external magnetic field.
  • The European permanent magnet market is expected to generate total revenues of $370.0 million in 2023, representing a compound annual growth rate (CAGR) of 3.5% between 2018 and 2023.
  • Market consumption volume is forecast to increase with a CAGR of 2.2% between 2018 and 2023, to reach a total of 16,819.1 million tons in 2023.
  • The demand for permanent magnets for automotive applications has grown significantly. The European region, which includes the UK, France, has a sizable automotive industry, which has led to an increase in the demand for permanent magnets in the region.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the permanent magnet market in Europe
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the permanent magnet market in Europe
  • Leading company profiles reveal details of key permanent magnet market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Europe permanent magnet market with five year forecasts

Reasons to Buy

  • What was the size of the Europe permanent magnet market by value in 2023?
  • What will be the size of the Europe permanent magnet market in 2028?
  • What factors are affecting the strength of competition in the Europe permanent magnet market?
  • How has the market performed over the last five years?
  • How large is Europe’s permanent magnet market in relation to its regional counterparts?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What threats do leading players face?
8 Company Profiles
8.1. TDK Corporation
8.2. Eclipse Magnetics Limited
8.3. Lingyi iTech Guangdong Co
8.4. Shin-Etsu Chemical Co., Ltd.
8.5. Ningbo Yunsheng Co Ltd
8.6. Yantai Zhenghai Magnetic Material Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
  • About the Analyst
List of Tables
Table 1: Europe permanent magnet market value: $ million, 2018-23
Table 2: Europe permanent magnet market volume: tons, 2018-23
Table 3: Europe permanent magnet market category segmentation: % share, by value, 2018-2023
Table 4: Europe permanent magnet market category segmentation: $ million, 2018-2023
Table 5: Europe permanent magnet market geography segmentation: $ million, 2023
Table 6: Europe permanent magnet market value forecast: $ million, 2023-28
Table 7: Europe permanent magnet market volume forecast: tons, 2023-28
Table 8: TDK Corporation: key facts
Table 9: TDK Corporation: annual financial ratios
Table 10: TDK Corporation: key employees
Table 11: TDK Corporation: key employees Continued
Table 12: Eclipse Magnetics Limited: key facts
Table 13: Eclipse Magnetics Limited: key employees
Table 14: Lingyi iTech Guangdong Co: key facts
Table 15: Lingyi iTech Guangdong Co: annual financial ratios
Table 16: Lingyi iTech Guangdong Co: key employees
Table 17: Shin-Etsu Chemical Co., Ltd.: key facts
Table 18: Shin-Etsu Chemical Co., Ltd.: annual financial ratios
Table 19: Shin-Etsu Chemical Co., Ltd.: key employees
Table 20: Ningbo Yunsheng Co Ltd: key facts
Table 21: Ningbo Yunsheng Co Ltd: annual financial ratios
Table 22: Ningbo Yunsheng Co Ltd: key employees
Table 23: Yantai Zhenghai Magnetic Material Co Ltd: key facts
Table 24: Yantai Zhenghai Magnetic Material Co Ltd: annual financial ratios
Table 25: Yantai Zhenghai Magnetic Material Co Ltd: key employees
Table 26: Goudsmit Magnetics Groep BV: key facts
Table 27: Europe size of population (million), 2019-23
Table 28: Europe gdp (constant 2005 prices, $ billion), 2019-23
Table 29: Europe gdp (current prices, $ billion), 2019-23
Table 30: Europe inflation, 2019-23
Table 31: Europe consumer price index (absolute), 2019-23
Table 32: Europe exchange rate, 2019-23
List of Figures
Figure 1: Europe permanent magnet market value: $ million, 2018-23
Figure 2: Europe permanent magnet market volume: tons, 2018-23
Figure 3: Europe permanent magnet market category segmentation: $ million, 2018-2023
Figure 4: Europe permanent magnet market geography segmentation: % share, by value, 2023
Figure 5: Europe permanent magnet market value forecast: $ million, 2023-28
Figure 6: Europe permanent magnet market volume forecast: tons, 2023-28
Figure 7: Forces driving competition in the permanent magnet market in Europe, 2023
Figure 8: Drivers of buyer power in the permanent magnet market in Europe, 2023
Figure 9: Drivers of supplier power in the permanent magnet market in Europe, 2023
Figure 10: Factors influencing the likelihood of new entrants in the permanent magnet market in Europe, 2023
Figure 11: Factors influencing the threat of substitutes in the permanent magnet market in Europe, 2023
Figure 12: Drivers of degree of rivalry in the permanent magnet market in Europe, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • TDK Corporation
  • Eclipse Magnetics Limited
  • Lingyi iTech Guangdong Co
  • Shin-Etsu Chemical Co., Ltd.
  • Ningbo Yunsheng Co Ltd
  • Yantai Zhenghai Magnetic Material Co Ltd

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About the Permanent Magnet Market

The Permanent Magnet market within the context of Advanced Materials is a rapidly growing sector. Permanent magnets are used in a variety of applications, from consumer electronics to medical devices. They are made from a variety of materials, including rare earth metals, ferrite, and alnico. Permanent magnets are highly efficient and reliable, making them an attractive option for many industries. The demand for permanent magnets is driven by the increasing demand for high-performance materials in a variety of industries. The automotive industry is one of the largest consumers of permanent magnets, as they are used in electric motors, sensors, and other components. Additionally, the aerospace industry is increasingly using permanent magnets in aircraft engines and other components. The Permanent Magnet market is highly competitive, with many companies offering a variety of products. Some of the major players in the market include Hitachi Metals, TDK Corporation, Neodym Technologies, and Arnold Magnetic Technologies. Show Less Read more

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