Market Overview:
The global magnetic controllers 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 automatic discharge magnet controllers and lifting magnet controllers across different applications such as electronics, construction, agriculture, oil & gas, mining, manufacturing industry and building automation. Additionally, the growing demand for these controllers in other applications is also propelling the growth of this market.
Product Definition:
A magnetic controller is a device that uses magnets to control the flow of fluid through a pipe. They are used to regulate the speed and pressure of fluids in pipelines, which can be important for ensuring safe and efficient operations.
Automatic Discharge Magnet Controllers:
Automatic Discharge Magnet Controllers, commonly known as ADCC or magnetic controllers is a technology that helps in minimizing the risk of injuries during sporting events. It also helps in increasing safety and security at public places such as stadiums and fair grounds. The technology uses electromagnetic fields to sense when an athlete is coming in contact with a wire or cable, which can be used for both charging the battery and providing power to devices such as smartphones.
Lifting Magnet Controllers:
Lifting magnet controllers (LMC) are electronic devices that use a permanent magnetic field to control the movement of a ferromagnetic material. The LMCs have applications in various industries such as power generation, automotive, and healthcare. Increasing demand for energy-efficient solutions is expected to drive the market over the forecast period.
Application Insights:
The application segment includes electronics, construction, agriculture, oil & gas, mining, manufacturing industry and others. The manufacturing industry is expected to be the fastest-growing application segment over the forecast period owing to increasing demand for high-tech products across various end-use industries such as automotive and transportation.
Electronics was the largest application segment in 2017 and accounted for a market share of more than 40% in terms of volume that year. Increasing use of electronic devices including smartphones has led to an increased demand for energy efficient products with improved performance characteristics. This factor is anticipated to fuel product demand over the coming years. Magnetic controllers are used extensively in electric motors which are widely utilized across several end uses such as construction equipment drives machinery tools etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a few variations in the market share of different countries. The U.S., being one of the most developed and technologically-advanced nations, has been witnessing an increasing demand for advanced magnetic controllers across various application industries over the past few years.
Asia Pacific is anticipated to be one of the fastest-growing regions during forecast years owing to rapid industrialization and growth in construction and manufacturing sectors especially across emerging economies such as China, India, South Korea etc.
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of miniaturization in electronics industry
- Rising demand from the medical sector
- Development of next-generation technologies
- Growing popularity of gaming
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Controllers Market Research Report
By Type
Automatic Discharge Magnet Controllers, Lifting Magnet Controllers
By Application
Electronics, Construction, Agriculture, Oil & Gas, Mining, Manufacturing Industry, Building Automation, Other Applications
By Companies
Cedrat Technologies, Physik Instrumente (PI), Kanetec, BERNSTEIN, Ohio Magnetics, Fluxtrol, Magnetic Autocontrol, Alps Electric, Magnetek, Northwest Magnet, Cedrat Technologies, Kor-Pak
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Controllers Market Report Segments:
The global Magnetic Controllers market is segmented on the basis of:
Types
Automatic Discharge Magnet Controllers, Lifting Magnet Controllers
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
Electronics, Construction, Agriculture, Oil & Gas, Mining, Manufacturing Industry, Building Automation, Other Applications
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:
- Cedrat Technologies
- Physik Instrumente (PI)
- Kanetec
- BERNSTEIN
- Ohio Magnetics
- Fluxtrol
- Magnetic Autocontrol
- Alps Electric
- Magnetek
- Northwest Magnet
- Cedrat Technologies
- Kor-Pak
Highlights of The Magnetic Controllers 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:
- Automatic Discharge Magnet Controllers
- Lifting Magnet Controllers
- By Application:
- Electronics
- Construction
- Agriculture
- Oil & Gas
- Mining
- Manufacturing Industry
- Building Automation
- Other Applications
- 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 Magnetic Controllers 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?
Magnetic controllers are electronic devices that use magnets to control the movement of objects. They are used in a variety of applications, including manufacturing, transportation, and medical devices. Magnetic controllers can be either stand-alone units or integrated into other systems.
Some of the key players operating in the magnetic controllers market are Cedrat Technologies, Physik Instrumente (PI), Kanetec, BERNSTEIN, Ohio Magnetics, Fluxtrol, Magnetic Autocontrol, Alps Electric, Magnetek, Northwest Magnet, Cedrat Technologies, Kor-Pak.
The magnetic controllers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnetic Controllers 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 Magnetic Controllers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnetic Controllers 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 Magnetic Controllers 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 Magnetic Controllers Market Size & Forecast, 2018-2028
4.5.1 Magnetic Controllers Market Size and Y-o-Y Growth
4.5.2 Magnetic Controllers Market Absolute $ Opportunity
Chapter 5 Global Magnetic Controllers 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 Magnetic Controllers Market Size Forecast by Type
5.2.1 Automatic Discharge Magnet Controllers
5.2.2 Lifting Magnet Controllers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnetic Controllers 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 Magnetic Controllers Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Construction
6.2.3 Agriculture
6.2.4 Oil & Gas
6.2.5 Mining
6.2.6 Manufacturing Industry
6.2.7 Building Automation
6.2.8 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnetic Controllers 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 Magnetic Controllers 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 Magnetic Controllers Analysis and Forecast
9.1 Introduction
9.2 North America Magnetic Controllers 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 Magnetic Controllers Market Size Forecast by Type
9.6.1 Automatic Discharge Magnet Controllers
9.6.2 Lifting Magnet Controllers
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 Magnetic Controllers Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Construction
9.10.3 Agriculture
9.10.4 Oil & Gas
9.10.5 Mining
9.10.6 Manufacturing Industry
9.10.7 Building Automation
9.10.8 Other Applications
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 Magnetic Controllers Analysis and Forecast
10.1 Introduction
10.2 Europe Magnetic Controllers 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 Magnetic Controllers Market Size Forecast by Type
10.6.1 Automatic Discharge Magnet Controllers
10.6.2 Lifting Magnet Controllers
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 Magnetic Controllers Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Construction
10.10.3 Agriculture
10.10.4 Oil & Gas
10.10.5 Mining
10.10.6 Manufacturing Industry
10.10.7 Building Automation
10.10.8 Other Applications
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 Magnetic Controllers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnetic Controllers 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 Magnetic Controllers Market Size Forecast by Type
11.6.1 Automatic Discharge Magnet Controllers
11.6.2 Lifting Magnet Controllers
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 Magnetic Controllers Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Construction
11.10.3 Agriculture
11.10.4 Oil & Gas
11.10.5 Mining
11.10.6 Manufacturing Industry
11.10.7 Building Automation
11.10.8 Other Applications
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 Magnetic Controllers Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnetic Controllers 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 Magnetic Controllers Market Size Forecast by Type
12.6.1 Automatic Discharge Magnet Controllers
12.6.2 Lifting Magnet Controllers
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 Magnetic Controllers Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Construction
12.10.3 Agriculture
12.10.4 Oil & Gas
12.10.5 Mining
12.10.6 Manufacturing Industry
12.10.7 Building Automation
12.10.8 Other Applications
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) Magnetic Controllers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnetic Controllers 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) Magnetic Controllers Market Size Forecast by Type
13.6.1 Automatic Discharge Magnet Controllers
13.6.2 Lifting Magnet Controllers
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) Magnetic Controllers Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Construction
13.10.3 Agriculture
13.10.4 Oil & Gas
13.10.5 Mining
13.10.6 Manufacturing Industry
13.10.7 Building Automation
13.10.8 Other Applications
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 Magnetic Controllers Market: Competitive Dashboard
14.2 Global Magnetic Controllers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cedrat Technologies
14.3.2 Physik Instrumente (PI)
14.3.3 Kanetec
14.3.4 BERNSTEIN
14.3.5 Ohio Magnetics
14.3.6 Fluxtrol
14.3.7 Magnetic Autocontrol
14.3.8 Alps Electric
14.3.9 Magnetek
14.3.10 Northwest Magnet
14.3.11 Cedrat Technologies
14.3.12 Kor-Pak
