Arc Ferrite Magnet Trends and Forecast
The future of the global arc ferrite magnet market looks promising with opportunities in the electro-acoustic product, toy, automotive, home appliance, and computer markets. The global arc ferrite magnet market is expected to reach an estimated $13.3 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are expanding applications of this magnet in the automotive industry, growing popularity of smart devices, and increasing miniaturization of electronics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Arc Ferrite Magnet by Segment
The study includes a forecast for the global arc ferrite magnet by type, application, and region.
Arc Ferrite Magnet Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Sintered Ferrite Magnet
• Bonded Ferrite Magnet
Arc Ferrite Magnet Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Electro-Acoustic Product
• Toy
• Automotive
• Home Appliance
• Computer
• Others
Arc Ferrite Magnet Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Arc Ferrite Magnet Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies arc ferrite magnet companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the arc ferrite magnet companies profiled in this report include-
• TDK
• Hitachi Metals
• DMEGC
• Guangdong JPMF
• Sinomag
• Union Materials
• Tokyo Ferrite
• BGRIMM Magnetic Materials
• Hunan Aerospace Magnet & Magneto
• Zhejiang Kaiven Magnet
Arc Ferrite Magnet Market Insights
Lucintel forecasts that sintered is expected to witness the higher growth over the forecast period.
Within this market, electro-acoustic product is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period due to the existence of significant manufacturing centers, robust industrialization, and rising demand for arc ferrite magnet from industries like electronics and automobiles in the region.
Features of the Global Arc Ferrite Magnet Market
Market Size Estimates: Arc ferrite magnet market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Arc ferrite magnet market size by type, application, and region in terms of value ($B).
Regional Analysis: Arc ferrite magnet market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the arc ferrite magnet market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the arc ferrite magnet market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the arc ferrite magnet market size?
Answer: The global arc ferrite magnet market is expected to reach an estimated $13.3 billion by 2030.
Q2. What is the growth forecast for arc ferrite magnet market?
Answer: The global arc ferrite magnet market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the arc ferrite magnet market?
Answer: The major drivers for this market are expanding applications of this magnet in the automotive industry, growing popularity of smart devices, and increasing miniaturization of electronics.
Q4. What are the major segments for arc ferrite magnet market?
Answer: The future of the arc ferrite magnet market looks promising with opportunities in the electro-acoustic product, toy, automotive, home appliance, and computer markets.
Q5. Who are the key arc ferrite magnet market companies?
Answer: Some of the key arc ferrite magnet companies are as follows:
• TDK
• Hitachi Metals
• DMEGC
• Guangdong JPMF
• Sinomag
• Union Materials
• Tokyo Ferrite
• BGRIMM Magnetic Materials
• Hunan Aerospace Magnet & Magneto
• Zhejiang Kaiven Magnet
Q6. Which arc ferrite magnet market segment will be the largest in future?
Answer: Lucintel forecasts that sintered is expected to witness the higher growth over the forecast period.
Q7. In arc ferrite magnet market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the existence of significant manufacturing centers, robust industrialization, and rising demand for arc ferrite magnet from industries like electronics and automobiles in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the arc ferrite magnet market by type (sintered ferrite magnet and bonded ferrite magnet), application (electro-acoustic product, toy, automotive, home appliance, computer, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Arc Ferrite Magnet Market, Arc Ferrite Magnet Market Size, Arc Ferrite Magnet Market Growth, Arc Ferrite Magnet Market Analysis, Arc Ferrite Magnet Market Report, Arc Ferrite Magnet Market Share, Arc Ferrite Magnet Market Trends, Arc Ferrite Magnet Market Forecast, Arc Ferrite Magnet Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.