Market Overview:
The global piezomagnetic material market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ultrasonic generators, communication machines, and pulse signals. Additionally, the growing awareness about the benefits of using piezomagnetic materials is also contributing to the growth of this market. Metal Piezomagnetic Material: This type of material is made up of metals such as nickel, copper, and aluminum. These materials are used in applications that require high-frequency vibrations or oscillations. Ferrite Piezomagnetic Material: This type of material contains ferrite compounds that are used in low-frequency applications.
Product Definition:
Piezomagnetic Material is a material that can change its magnetic properties in response to applied mechanical stress. It is used in sensors and transducers to convert physical movement into an electrical signal.
Metal Piezomagnetic Material:
Piezomagnetic materials are made from ferromagnetic metals and their compounds. The most common ones are antimony, cobalt, nickel, iron ore and dysprosium. Piezomagnetic materials have the ability to align themselves in three dimensions along with the capability of storing energy in the form of a magnetic field. They can be used as sensors for measuring temperature (microwave), pressure (acoustic) or chemical composition (nano-scale).
Ferrite Piezomagnetic Material:
Ferrite piezomagnetic material is a new class of materials that combine properties of ferromagnetic and piezoelectric materials. It has been created by taking advantage of the fact that certain rare earth metals such as neodymium, samarium, and dysprosium can produce both magnetic fluxes (BH) and electric dipoles (BH).
Application Insights:
The communication machine segment dominated the global market in 2017. The growth of this segment is attributed to the rising demand for advanced communication systems, such as mobile phones and data transmission systems. Moreover, technological advancements in piezoelectric materials have led to an increase in product applications across various electronic devices such as ultrasound generators and electric motors.
Ultrasonic generator was the second-largest application segment of the global market in 2017. The growth of this application can be attributed to increasing demand for medical equipment and industrial machinery driven by rapid urbanization along with a growing population globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for high-quality medical equipment, growing consumer electronics industry, and advancements in magnetics technology. Moreover, rising R&D activities related to magnetic materials are expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid industrialization and improving economic conditions in emerging countries such as China and India. In addition, favorable government policies promoting investments from domestic as well as foreign players are likely boost regional product demand over the forecast period.
Growth Factors:
- Increasing demand for piezomagnetic materials in medical and defense applications
- Rising demand from Asia Pacific region
- Growing use of piezomagnetic materials in energy harvesting applications
- Technological advancements in the field of piezoelectric and magnetostrictive materials
- Increasing adoption of piezomagnetic materials in automotive and aerospace industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Piezomagnetic Material Market Research Report
By Type
Metal Piezomagnetic Material, Ferrite Piezomagnetic Material, Rare Earth Piezomagnetic Materials
By Application
Ultrasonic Generator, Communication Machine, Pulse Signal
By Companies
Electron Energy, Dexter Magnetic Technologies, Arnold Magnetic Technologies, Adams Magnetic Products, Tengam Engineering, Vacuumschmelze, OM Group, TDK, Hitachi Metals, DEMGC, Shin-Etsu Chemical, Daido Steel
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Piezomagnetic Material Market Report Segments:
The global Piezomagnetic Material market is segmented on the basis of:
Types
Metal Piezomagnetic Material, Ferrite Piezomagnetic Material, Rare Earth Piezomagnetic Materials
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
Ultrasonic Generator, Communication Machine, Pulse Signal
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:
- Electron Energy
- Dexter Magnetic Technologies
- Arnold Magnetic Technologies
- Adams Magnetic Products
- Tengam Engineering
- Vacuumschmelze
- OM Group
- TDK
- Hitachi Metals
- DEMGC
- Shin-Etsu Chemical
- Daido Steel
Highlights of The Piezomagnetic Material 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:
- Metal Piezomagnetic Material
- Ferrite Piezomagnetic Material
- Rare Earth Piezomagnetic Materials
- By Application:
- Ultrasonic Generator
- Communication Machine
- Pulse Signal
- 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 Piezomagnetic Material 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?
Piezomagnetic material is a type of magnet that can be induced to rotate by an external magnetic field. Piezomagnetic materials are often used in hard drives and other electronic devices because they have a high resistance to demagnetization.
Some of the major players in the piezomagnetic material market are Electron Energy, Dexter Magnetic Technologies, Arnold Magnetic Technologies, Adams Magnetic Products, Tengam Engineering, Vacuumschmelze, OM Group, TDK, Hitachi Metals, DEMGC, Shin-Etsu Chemical, Daido Steel.
The piezomagnetic material market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Piezomagnetic Material 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 Piezomagnetic Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Piezomagnetic Material 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 Piezomagnetic Material 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 Piezomagnetic Material Market Size & Forecast, 2018-2028
4.5.1 Piezomagnetic Material Market Size and Y-o-Y Growth
4.5.2 Piezomagnetic Material Market Absolute $ Opportunity
Chapter 5 Global Piezomagnetic Material 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 Piezomagnetic Material Market Size Forecast by Type
5.2.1 Metal Piezomagnetic Material
5.2.2 Ferrite Piezomagnetic Material
5.2.3 Rare Earth Piezomagnetic Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Piezomagnetic Material 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 Piezomagnetic Material Market Size Forecast by Applications
6.2.1 Ultrasonic Generator
6.2.2 Communication Machine
6.2.3 Pulse Signal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Piezomagnetic Material 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 Piezomagnetic Material 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 Piezomagnetic Material Analysis and Forecast
9.1 Introduction
9.2 North America Piezomagnetic Material 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 Piezomagnetic Material Market Size Forecast by Type
9.6.1 Metal Piezomagnetic Material
9.6.2 Ferrite Piezomagnetic Material
9.6.3 Rare Earth Piezomagnetic Materials
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 Piezomagnetic Material Market Size Forecast by Applications
9.10.1 Ultrasonic Generator
9.10.2 Communication Machine
9.10.3 Pulse Signal
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 Piezomagnetic Material Analysis and Forecast
10.1 Introduction
10.2 Europe Piezomagnetic Material 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 Piezomagnetic Material Market Size Forecast by Type
10.6.1 Metal Piezomagnetic Material
10.6.2 Ferrite Piezomagnetic Material
10.6.3 Rare Earth Piezomagnetic Materials
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 Piezomagnetic Material Market Size Forecast by Applications
10.10.1 Ultrasonic Generator
10.10.2 Communication Machine
10.10.3 Pulse Signal
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 Piezomagnetic Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Piezomagnetic Material 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 Piezomagnetic Material Market Size Forecast by Type
11.6.1 Metal Piezomagnetic Material
11.6.2 Ferrite Piezomagnetic Material
11.6.3 Rare Earth Piezomagnetic Materials
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 Piezomagnetic Material Market Size Forecast by Applications
11.10.1 Ultrasonic Generator
11.10.2 Communication Machine
11.10.3 Pulse Signal
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 Piezomagnetic Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Piezomagnetic Material 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 Piezomagnetic Material Market Size Forecast by Type
12.6.1 Metal Piezomagnetic Material
12.6.2 Ferrite Piezomagnetic Material
12.6.3 Rare Earth Piezomagnetic Materials
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 Piezomagnetic Material Market Size Forecast by Applications
12.10.1 Ultrasonic Generator
12.10.2 Communication Machine
12.10.3 Pulse Signal
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) Piezomagnetic Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Piezomagnetic Material 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) Piezomagnetic Material Market Size Forecast by Type
13.6.1 Metal Piezomagnetic Material
13.6.2 Ferrite Piezomagnetic Material
13.6.3 Rare Earth Piezomagnetic Materials
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) Piezomagnetic Material Market Size Forecast by Applications
13.10.1 Ultrasonic Generator
13.10.2 Communication Machine
13.10.3 Pulse Signal
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 Piezomagnetic Material Market: Competitive Dashboard
14.2 Global Piezomagnetic Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Electron Energy
14.3.2 Dexter Magnetic Technologies
14.3.3 Arnold Magnetic Technologies
14.3.4 Adams Magnetic Products
14.3.5 Tengam Engineering
14.3.6 Vacuumschmelze
14.3.7 OM Group
14.3.8 TDK
14.3.9 Hitachi Metals
14.3.10 DEMGC
14.3.11 Shin-Etsu Chemical
14.3.12 Daido Steel
