Market Overview:
The global magnet power supplies market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for magnet power supplies from physical research, medical, and other applications. Additionally, the growing demand for miniaturized and high-efficiency magnet power supplies is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing these products may restrain the growth of this market during the forecast period. Based on type, single-stage magnet power supplies are expected to account for a larger share of this market than dual-stage magnet power supplies during the forecast period.
Product Definition:
Magnet power supplies are a type of DC power supply that uses magnets to generate the electrical current. They are typically used in applications where a high level of reliability is required, such as medical devices and military equipment. Magnet power supplies offer several advantages over traditional DC power supplies, including increased efficiency, longer life span, and higher reliability.
Single-stage Magnet Power Supplies:
Single-stage magnet power supplies are used in various applications such as MRI, X-ray, particle accelerators and data storage devices. The single stage of the device consists of one or more electromagnets that produce a fluctuating magnetic field. It is mainly used to provide low voltage power supply for the electronic equipment installed in these systems.
Dual-stage Magnet Power Supplies:
Dual-stage magnet power supplies are used in Magnet Power Supplies to provide stable and reliable power. They have two powerful magnets that generate electrical energy when passed by a magnetic field. The generated electricity is then stored in rechargeable batteries for later use.
Application Insights:
The physical research application segment led the global magnet power supplies market in 2017 and is projected to witness significant growth over the forecast period. The increasing number of research activities for developing novel devices that use magnetic fields for their operation is expected to drive demand over the next eight years.
The medical application segment was valued at USD 536.0 million in 2017 owing to high usage of electromagnets in MRI scanners, which are used for imaging soft tissue such as muscles, ligaments, tendons and joints. The growing adoption of these devices during pregnancy can also be attributed towards this segment with a CAGR around 7% from 2018 to 2030 on account of increased risk of complications during childbirth if an MRI unit is not available close by a hospital bedside.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing research activities and technological advancements in magnet power supplies used for research applications. Increasing R&D spending by major companies is also a key factor driving the demand for these products across this region.
Asia Pacific market was valued at USD X million in 2017.
Europe held a substantial share of global revenue in 2017 owing to high product adoption rate particularly within laboratories working on nuclear magnetic resonance (NMR) studies.
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in renewable energy sources
- Rising demand from the telecommunications sector
- Proliferation of data centers and cloud-based services
- Development of innovative power supply technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnet Power Supplies Market Research Report
By Type
Single-stage Magnet Power Supplies, Dual-stage Magnet Power Supplies
By Application
Physical Research, Medical, Others
By Companies
Heinzinger Electronic GmbH, Danfysik, JEMA Energy, Oxford Instruments, NanoMagnetics Instruments, CAEN, Poynting GmbH, Hoizy Tech Limited, CAYLAR, Cryomagnetics Inc, Heinzinger Electronic GmbH, Cryogenic Ltd
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Magnet Power Supplies Market Report Segments:
The global Magnet Power Supplies market is segmented on the basis of:
Types
Single-stage Magnet Power Supplies, Dual-stage Magnet Power Supplies
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
Physical Research, Medical, 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:
- Heinzinger Electronic GmbH
- Danfysik
- JEMA Energy
- Oxford Instruments
- NanoMagnetics Instruments
- CAEN
- Poynting GmbH
- Hoizy Tech Limited
- CAYLAR
- Cryomagnetics Inc
- Heinzinger Electronic GmbH
- Cryogenic Ltd
Highlights of The Magnet Power Supplies 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:
- Single-stage Magnet Power Supplies
- Dual-stage Magnet Power Supplies
- By Application:
- Physical Research
- Medical
- 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 Magnet Power Supplies 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?
Magnet power supplies are devices that convert magnetic fields into electrical energy. They are used in a variety of applications, including data storage, industrial machinery, and medical equipment.
Some of the major companies in the magnet power supplies market are Heinzinger Electronic GmbH, Danfysik, JEMA Energy, Oxford Instruments, NanoMagnetics Instruments, CAEN, Poynting GmbH, Hoizy Tech Limited, CAYLAR, Cryomagnetics Inc, Heinzinger Electronic GmbH, Cryogenic Ltd.
The magnet power supplies 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 Magnet Power Supplies 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 Magnet Power Supplies Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Magnet Power Supplies 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 Magnet Power Supplies 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 Magnet Power Supplies Market Size & Forecast, 2018-2028 4.5.1 Magnet Power Supplies Market Size and Y-o-Y Growth 4.5.2 Magnet Power Supplies Market Absolute $ Opportunity
Chapter 5 Global Magnet Power Supplies 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 Magnet Power Supplies Market Size Forecast by Type
5.2.1 Single-stage Magnet Power Supplies
5.2.2 Dual-stage Magnet Power Supplies
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnet Power Supplies 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 Magnet Power Supplies Market Size Forecast by Applications
6.2.1 Physical Research
6.2.2 Medical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnet Power Supplies 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 Magnet Power Supplies 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 Magnet Power Supplies Analysis and Forecast
9.1 Introduction
9.2 North America Magnet Power Supplies 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 Magnet Power Supplies Market Size Forecast by Type
9.6.1 Single-stage Magnet Power Supplies
9.6.2 Dual-stage Magnet Power Supplies
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 Magnet Power Supplies Market Size Forecast by Applications
9.10.1 Physical Research
9.10.2 Medical
9.10.3 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 Magnet Power Supplies Analysis and Forecast
10.1 Introduction
10.2 Europe Magnet Power Supplies 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 Magnet Power Supplies Market Size Forecast by Type
10.6.1 Single-stage Magnet Power Supplies
10.6.2 Dual-stage Magnet Power Supplies
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 Magnet Power Supplies Market Size Forecast by Applications
10.10.1 Physical Research
10.10.2 Medical
10.10.3 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 Magnet Power Supplies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnet Power Supplies 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 Magnet Power Supplies Market Size Forecast by Type
11.6.1 Single-stage Magnet Power Supplies
11.6.2 Dual-stage Magnet Power Supplies
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 Magnet Power Supplies Market Size Forecast by Applications
11.10.1 Physical Research
11.10.2 Medical
11.10.3 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 Magnet Power Supplies Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnet Power Supplies 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 Magnet Power Supplies Market Size Forecast by Type
12.6.1 Single-stage Magnet Power Supplies
12.6.2 Dual-stage Magnet Power Supplies
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 Magnet Power Supplies Market Size Forecast by Applications
12.10.1 Physical Research
12.10.2 Medical
12.10.3 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) Magnet Power Supplies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnet Power Supplies 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) Magnet Power Supplies Market Size Forecast by Type
13.6.1 Single-stage Magnet Power Supplies
13.6.2 Dual-stage Magnet Power Supplies
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) Magnet Power Supplies Market Size Forecast by Applications
13.10.1 Physical Research
13.10.2 Medical
13.10.3 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 Magnet Power Supplies Market: Competitive Dashboard
14.2 Global Magnet Power Supplies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Heinzinger Electronic GmbH
14.3.2 Danfysik
14.3.3 JEMA Energy
14.3.4 Oxford Instruments
14.3.5 NanoMagnetics Instruments
14.3.6 CAEN
14.3.7 Poynting GmbH
14.3.8 Hoizy Tech Limited
14.3.9 CAYLAR
14.3.10 Cryomagnetics Inc
14.3.11 Heinzinger Electronic GmbH
14.3.12 Cryogenic Ltd