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Global Bonded Magnets Market to reach USD 2.36 Billion by 2027

Global Bonded Magnets Market Size study, by Process Type (Injection Molded Bonded Magnets, Compression Bonded Magnets, Calendaring Bonded Magnets and Extrusion Bonded Magnets), by Product Type (Rare earth magnets, ferrite magnets and Others), by End user Industry (Automotive, HVAC Equipment, Medical devices, Cameras, Consumer Electronic Appliances, Electrical Equipment and others), Application (Sensors, Motors, Level gauges, instruments panels, copier rotors, fuel filters, magnetic coupling and hard disk drivers) and Regional Forecasts 2020-2027

Product Code: CAMAM_63757224
Publish Date: 14-12-2020
Page: 200

Global Bonded Magnets Market is valued approximately at USD 1.80 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.60% over the forecast period 2020-2027. Bonded magnets are magnets produced by combining magnetic powders and polymeric materials such as plastics, rubbers, and elastomers. Injection molding, calendaring, extrusion and compressing bonding are the process opted for the manufacturing of bonded magnets. Various magnetic powders are used for production of bonded magnets called NdFeB, SmCo, ferrite, and/or combination of all. These bonded magnets are gaining larger demand in electronic vehicles due to their magnetic performance and they also help in reducing carbon emission. Thus, rapid growth in production & sale of electric vehicle across the globe is propelling the growth of market over the forecast years. For instance, according to the International Energy Agency (IEA) 2019, the global electric car deployment has been growing rapidly over the past ten years, the global stock of electric passenger vehicle cars was passed by 5 Billion in 2018 with an increase of 63% from 2017. It was found that over 45% of electric cars on China’s road in 2018 that is 2.3 Billion compared to 39% in 2017. Similarly, Europe accounted for 24% of global electric cars and United States with 22% in 2018. In addition, growing demand from aerospace and medical devices sector is the factor propelling the growth of market. However, global spread of Novel coronavirus in the emerging economies such as India, China and south Korea is highly affecting the growth of market over the forecast years.

The regional analysis of the global Bonded Magnets market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing demand for electric vehicle in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as high availability of raw materials especially rare earth material is the factor creating a lucrative opportunity for the growth of the cancer vaccine market in the Asia-Pacific region.

Major market player included in this report are:
Allstar Magnetics
Neo Magnequench
Arnold Magnetic Technologies
Alliance LLC
Viona Magnetics
Stanford Magnets
Xiamen Yuxiang Magnetic Materials
Advanced Technology Materials

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Process Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Process Type:
Injection Molded Bonded Magnets
Compression Bonded Magnets
Calendaring Bonded Magnets
Extrusion Bonded Magnets

By Product Type:
Rare Earth Magnets
Ferrite Magnets

By End user Industry:
HVAC Equipment
Medical devices
Consumer Electronic Appliances
Electrical Equipment

By Application:
Level Gauges
Instruments Panels
Copier Rotors
Fuel Filters
Magnetic Couplings
Hard Disk Drives

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Bonded Magnets Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. ADAS Calibration Equipment Market, by Region, 2018-2027 (USD Million)
1.2.2. ADAS Calibration Equipment Market, by Vehicle, 2018-2027 (USD Million)
1.2.3. ADAS Calibration Equipment Market, by End user, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global ADAS Calibration Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global ADAS Calibration Equipment Market Dynamics
3.1. ADAS Calibration Equipment Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global ADAS Calibration Equipment Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global ADAS Calibration Equipment Market, by Vehicle
5.1. Market Snapshot
5.2. Global ADAS Calibration Equipment Market by Vehicle, Performance – Potential Analysis
5.3. Global ADAS Calibration Equipment Market Estimates & Forecasts by Vehicle 2017-2027 (USD Million)
5.4. ADAS Calibration Equipment Market, Sub Segment Analysis
5.4.1. Passenger Vehicles
5.4.2. Commercial vehicles
Chapter 6. Global ADAS Calibration Equipment Market, by End user
6.1. Market Snapshot
6.2. Global ADAS Calibration Equipment Market by End user, Performance – Potential Analysis
6.3. Global ADAS Calibration Equipment Market Estimates & Forecasts by End user 2017-2027 (USD Million)
6.4. ADAS Calibration Equipment Market, Sub Segment Analysis
6.4.1. Automotive OEMs
6.4.2. Tier 1 suppliers
6.4.3. Service Stations
Chapter 7. Global ADAS Calibration Equipment Market, Regional Analysis
7.1. ADAS Calibration Equipment Market, Regional Market Snapshot
7.2. North America ADAS Calibration Equipment Market
7.2.1. U.S. ADAS Calibration Equipment Market Vehicle breakdown estimates & forecasts, 2017-2027 End user breakdown estimates & forecasts, 2017-2027
7.2.2. Canada ADAS Calibration Equipment Market
7.3. Europe ADAS Calibration Equipment Market Snapshot
7.3.1. U.K. ADAS Calibration Equipment Market
7.3.2. Germany ADAS Calibration Equipment Market
7.3.3. France ADAS Calibration Equipment Market
7.3.4. Spain ADAS Calibration Equipment Market
7.3.5. Italy ADAS Calibration Equipment Market
7.3.6. Rest of Europe ADAS Calibration Equipment Market
7.4. Asia-Pacific ADAS Calibration Equipment Market Snapshot
7.4.1. China ADAS Calibration Equipment Market
7.4.2. India ADAS Calibration Equipment Market
7.4.3. Japan ADAS Calibration Equipment Market
7.4.4. Australia ADAS Calibration Equipment Market
7.4.5. South Korea ADAS Calibration Equipment Market
7.4.6. Rest of Asia Pacific ADAS Calibration Equipment Market
7.5. Latin America ADAS Calibration Equipment Market Snapshot
7.5.1. Brazil ADAS Calibration Equipment Market
7.5.2. Mexico ADAS Calibration Equipment Market
7.6. Rest of The World ADAS Calibration Equipment Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Mahle GmbH Key Information Overview Financial (Subject to Data Availability) Vehicle Summary Recent Developments
8.2.2. Robert Bosch GmbH
8.2.3. HELLA
8.2.4. TEXA S.p.A.
8.2.5. Hofmann Megaplan
8.2.6. LAUNCH Europe GmbH
8.2.7. Snap-on Incorporated
8.2.8. Hunter Engineering
8.2.9. Autel Intelligent Technology Corp., Ltd.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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