Market Overview:
The global arc ferrites magnets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electro-acoustic products, toy industry, automotive industry, home appliance industry and computer industry. Arc ferrite magnets are used in these industries as they offer high performance and low cost. In addition, the growing demand for miniaturization of electronic devices is also contributing to the growth of this market. However, fluctuations in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
Arc ferrite magnets are made from an alloy of iron and other materials, such as nickel and chromium. They are used in a variety of applications, including electric motors, generators, relays, loudspeakers, and transformers.
Sintered Ferrite Magnet:
Sintered ferrite magnets are made by sintering a mixture of iron oxide and metal powder. The product is widely used in applications such as electric motors, transformers, generators, and other power electronics. Sintered ferrite magnets have high saturation flux density which helps them to work at high temperatures with low power consumption.
Bonded Ferrite Magnet:
Bonded ferrite magnets are made by binding two or more ferromagnetic materials together. The most common way to do this is by welding, an adhesive, or a metal mesh. Bonded ferrite magnets have applications in electric motors and generators where they are used as rotor magnets in the core of the motor and generate electricity when spun at high speeds.
Application Insights:
The electro-acoustic products segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Arc ferrite magnets are used in speakers, headphones, earphones and microphones as they exhibit superior properties such as high magnetic strength and low audio distortion when compared to other materials. The growing electronics industry across the globe is expected to be a major factor driving product demand over the next seven years.
The home appliances industry also holds significant growth potential for market players as it accounts for one of the highest consumer spending on electrical appliances every year.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for high-performance magnets from various application industries such as medical, automotive, industrial machinery, and others. Moreover, rising R&D activities by key players to develop advanced products is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rapid industrialization and developing economies such as China and India. In addition, growing product demand from various end-use industries will propel industry expansion in this region over next eight years. Europe also accounted for a significant share of global revenue in 2017 due to high consumer preference towards quality products resulting into increased adoption of sintered ferrite magnets within several applications including loudspeakers and electric motors among others).
Growth Factors:
- Increasing demand from the automotive industry for arc ferrite magnets for use in alternators and starter motors.
- Growing demand for energy-efficient appliances and devices, which has led to an increase in the use of arc ferrite magnets in power supplies and transformers.
- Rapid expansion of the telecommunications sector, which is driving demand for arc ferrite magnets in wireless communication devices such as cell phones and routers.
- Rising popularity of electric vehicles, which is leading to increased adoption of arc ferrite magnets in motor controllers and other electrical components used in these vehicles.
- Growing awareness about the benefits of using arc ferrite magnets over traditional iron-based magnetic materials, which is helping to boost their market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Arc Ferrites Magnets Market Research Report
By Type
Sintered Ferrite Magnet, Bonded Ferrite Magnet
By Application
Electro-Acoustic Products, Toy Industry, Automotive Industry, Home Appliance Industry, Computer Industry, Others
By Companies
TDK, Hitachi Metals, DMEGC, Guangdong JPMF, Sinomag, Union Materials, Tokyo Ferrite, BGRIMM Magnetic Materials, Hunan Aerospace Magnet &Magneto, Zhejiang Kaiven Magnet, TDK, Shunde Baling Group, Meizhou Magnetic Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Arc Ferrites Magnets Market Report Segments:
The global Arc Ferrites Magnets market is segmented on the basis of:
Types
Sintered Ferrite Magnet, Bonded Ferrite Magnet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electro-Acoustic Products, Toy Industry, Automotive Industry, Home Appliance Industry, Computer Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TDK
- Hitachi Metals
- DMEGC
- Guangdong JPMF
- Sinomag
- Union Materials
- Tokyo Ferrite
- BGRIMM Magnetic Materials
- Hunan Aerospace Magnet &Magneto
- Zhejiang Kaiven Magnet
- TDK
- Shunde Baling Group
- Meizhou Magnetic Materials
Highlights of The Arc Ferrites Magnets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sintered Ferrite Magnet
- Bonded Ferrite Magnet
- By Application:
- Electro-Acoustic Products
- Toy Industry
- Automotive Industry
- Home Appliance Industry
- Computer Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Arc Ferrites Magnets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Arc ferrites magnets are a type of rare earth magnet that have a high coercivity. They are made from an alloy of iron, nickel, and cobalt and can be easily shaped into any desired shape. Arc ferrite magnets have the ability to resist demagnetization over a wide range of temperatures, making them ideal for applications where high resistance to demagnetization is required.
Some of the major companies in the arc ferrites magnets market are TDK, Hitachi Metals, DMEGC, Guangdong JPMF, Sinomag, Union Materials, Tokyo Ferrite, BGRIMM Magnetic Materials, Hunan Aerospace Magnet &Magneto, Zhejiang Kaiven Magnet, TDK, Shunde Baling Group, Meizhou Magnetic Materials.
The arc ferrites magnets market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Arc Ferrites Magnets Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Arc Ferrites Magnets Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Arc Ferrites Magnets Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Arc Ferrites Magnets Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Arc Ferrites Magnets Market Size & Forecast, 2018-2028 4.5.1 Arc Ferrites Magnets Market Size and Y-o-Y Growth 4.5.2 Arc Ferrites Magnets Market Absolute $ Opportunity
Chapter 5 Global Arc Ferrites Magnets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Arc Ferrites Magnets Market Size Forecast by Type
5.2.1 Sintered Ferrite Magnet
5.2.2 Bonded Ferrite Magnet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Arc Ferrites Magnets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Arc Ferrites Magnets Market Size Forecast by Applications
6.2.1 Electro-Acoustic Products
6.2.2 Toy Industry
6.2.3 Automotive Industry
6.2.4 Home Appliance Industry
6.2.5 Computer Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Arc Ferrites Magnets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Arc Ferrites Magnets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Arc Ferrites Magnets Analysis and Forecast
9.1 Introduction
9.2 North America Arc Ferrites Magnets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Arc Ferrites Magnets Market Size Forecast by Type
9.6.1 Sintered Ferrite Magnet
9.6.2 Bonded Ferrite Magnet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Arc Ferrites Magnets Market Size Forecast by Applications
9.10.1 Electro-Acoustic Products
9.10.2 Toy Industry
9.10.3 Automotive Industry
9.10.4 Home Appliance Industry
9.10.5 Computer Industry
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Arc Ferrites Magnets Analysis and Forecast
10.1 Introduction
10.2 Europe Arc Ferrites Magnets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Arc Ferrites Magnets Market Size Forecast by Type
10.6.1 Sintered Ferrite Magnet
10.6.2 Bonded Ferrite Magnet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Arc Ferrites Magnets Market Size Forecast by Applications
10.10.1 Electro-Acoustic Products
10.10.2 Toy Industry
10.10.3 Automotive Industry
10.10.4 Home Appliance Industry
10.10.5 Computer Industry
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Arc Ferrites Magnets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Arc Ferrites Magnets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Arc Ferrites Magnets Market Size Forecast by Type
11.6.1 Sintered Ferrite Magnet
11.6.2 Bonded Ferrite Magnet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Arc Ferrites Magnets Market Size Forecast by Applications
11.10.1 Electro-Acoustic Products
11.10.2 Toy Industry
11.10.3 Automotive Industry
11.10.4 Home Appliance Industry
11.10.5 Computer Industry
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Arc Ferrites Magnets Analysis and Forecast
12.1 Introduction
12.2 Latin America Arc Ferrites Magnets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Arc Ferrites Magnets Market Size Forecast by Type
12.6.1 Sintered Ferrite Magnet
12.6.2 Bonded Ferrite Magnet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Arc Ferrites Magnets Market Size Forecast by Applications
12.10.1 Electro-Acoustic Products
12.10.2 Toy Industry
12.10.3 Automotive Industry
12.10.4 Home Appliance Industry
12.10.5 Computer Industry
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Arc Ferrites Magnets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Arc Ferrites Magnets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Arc Ferrites Magnets Market Size Forecast by Type
13.6.1 Sintered Ferrite Magnet
13.6.2 Bonded Ferrite Magnet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Arc Ferrites Magnets Market Size Forecast by Applications
13.10.1 Electro-Acoustic Products
13.10.2 Toy Industry
13.10.3 Automotive Industry
13.10.4 Home Appliance Industry
13.10.5 Computer Industry
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Arc Ferrites Magnets Market: Competitive Dashboard
14.2 Global Arc Ferrites Magnets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TDK
14.3.2 Hitachi Metals
14.3.3 DMEGC
14.3.4 Guangdong JPMF
14.3.5 Sinomag
14.3.6 Union Materials
14.3.7 Tokyo Ferrite
14.3.8 BGRIMM Magnetic Materials
14.3.9 Hunan Aerospace Magnet &Magneto
14.3.10 Zhejiang Kaiven Magnet
14.3.11 TDK
14.3.12 Shunde Baling Group
14.3.13 Meizhou Magnetic Materials