Market Overview:
The global magnetic cylinder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automation in various industries and the growing trend of miniaturization in electronics industry. The standards-based cylinders segment is expected to hold the largest share of the global magnetic cylinder market during the forecast period, owing to its high adoption rate in various industries.
Product Definition:
A magnetic cylinder is a long, thin bar of metal that has been wrapped in a coil of wire. The coil of wire creates a magnetic field around the metal bar. This field can be used to attract or repel other magnets or metals.
Standards-based Cylinders:
Standards-based cylinders are used to transport magnetic cylindrical products such as ferromagnetic metals, non-ferromagnetic metal alloys and powders. They are manufactured using steel or other materials that can withstand the high pressure of the cylinder without deforming. The material is chosen based on its ability to sustain a constant internal pressure along with being able to withstand corrosion from various chemicals present in the environment where it will be used.
Standards-based Compact Cylinders:
Standards-based cylinder is a special type of container that is manufactured to meet the standards and regulations set by various industries. The most common examples of these cylinders are found in the food & beverage industry, where they are used for packaging products such as oil, ketchup, mayonnaise and other sauces. They also find applications in pharmaceuticals and chemical industries for packaging sensitive products such as chemicals or enzymes.
The global magnetic cylinder market size was valued at USD 1.
Application Insights:
The automotive industry accounted for the largest share of over 30.0% in 2017. The growing use of magnetic cylinders in automobiles to store and transport data is expected to drive their demand over the forecast period. These cylinders are used as a hard disk drive owing to properties such as high storage capacity, low power consumption, and small size that make them ideal for storing digital data.
Magnetic storage devices have been gaining popularity in several applications including consumer electronics, medical equipment, industrial machinery and transportation systems among others due to benefits such as compact size; low power consumption; high durability; immunity from magnetic fields other than those generated by the device itself which increases overall product life cycle; compatibility with various operating systems resulting in easy installation without additional drivers or software required etcetera.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for magnetic cylinders from various end-use industries, such as automotive and machinery. In addition, growing use of electric vehicles is anticipated to further boost product demand over the coming years.
Asia Pacific was estimated as the second largest regional segment by revenue in 2017 and this trend is expected to continue over the forecast period due to rising manufacturing activities across several end-use industries including electronics, transportation equipment, consumer goods and others. Growing investments towards infrastructure development are also likely contribute positively towards industry growth during the same period.
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly products
- Rising awareness about the benefits of using magnetic cylinders
- Growing popularity of automation and robotics in various industries
- Technological advancements in the manufacturing of magnetic cylinders
- Rising demand from end-use industries such as automotive, aerospace, and defense
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Cylinder Market Research Report
By Type
Standards-based Cylinders, Standards-based Compact Cylinders, Guided Cylinders, Rodless Cylinders, Rotating Cylinders, Oval Cylinders, Other
By Application
Automotive Industry, Machinery Industry, Electronic Industry, Other
By Companies
RotoMetrics, Bunting Magnetics, Wilson Manufacturing, Wink Stanzwerkzeuge, ESON, Spilker GmbH, KOCHER+BECK, Rotometal, WASBERGER, Bernstein, Univer Group
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Cylinder Market Report Segments:
The global Magnetic Cylinder market is segmented on the basis of:
Types
Standards-based Cylinders, Standards-based Compact Cylinders, Guided Cylinders, Rodless Cylinders, Rotating Cylinders, Oval Cylinders, Other
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
Automotive Industry, Machinery Industry, Electronic Industry, Other
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:
- RotoMetrics
- Bunting Magnetics
- Wilson Manufacturing
- Wink Stanzwerkzeuge
- ESON
- Spilker GmbH
- KOCHER+BECK
- Rotometal
- WASBERGER
- Bernstein
- Univer Group
Highlights of The Magnetic Cylinder 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:
- Standards-based Cylinders
- Standards-based Compact Cylinders
- Guided Cylinders
- Rodless Cylinders
- Rotating Cylinders
- Oval Cylinders
- Other
- By Application:
- Automotive Industry
- Machinery Industry
- Electronic Industry
- Other
- 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 Cylinder 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.
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- Correctly Positioning New Products
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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?
A magnetic cylinder is a device that uses magnets to create a rotating force. This force can be used to move objects, such as disks or tapes, inside the cylinder.
Some of the major players in the magnetic cylinder market are RotoMetrics, Bunting Magnetics, Wilson Manufacturing, Wink Stanzwerkzeuge, ESON, Spilker GmbH, KOCHER+BECK, Rotometal, WASBERGER, Bernstein, Univer Group.
The magnetic cylinder market is expected to register a CAGR of 5.5%.
1 Executive Summary
2 Assumptions and Acronyms Used
3 Research Methodology
4 Magnetic Cylinder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.2 Macro-Economic Factors
4.2.1 Industry Outlook
4.3 Magnetic Cylinder Market Dynamics
4.3.1 Market Drivers
4.3.2 Market Restraints
4.3.3 Opportunity
4.3.4 Market Trends
4.4 Magnetic Cylinder Market - Supply Chain
4.5 Global Magnetic Cylinder Market Forecast
4.5.1 Magnetic Cylinder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2 Magnetic Cylinder Market Size (000’ Units) and Y-o-Y Growth
4.5.3 Magnetic Cylinder Market Absolute $ Opportunity
5 Global Magnetic Cylinder Market Analysis and Forecast by Type
5.1 Market Trends
5.2 Introduction
5.2.1 Basis Point Share (BPS) Analysis by Type
5.2.2 Y-o-Y Growth Projections by Type
5.3 Magnetic Cylinder Market Size and Volume Forecast by Type
5.3.1 Standards-based Cylinders
5.3.2 Standards-based Compact Cylinders
5.3.3 Guided Cylinders
5.3.4 Rodless Cylinders
5.3.5 Rotating Cylinders
5.3.6 Oval Cylinders
5.3.7 Others
5.4 Absolute $ Opportunity Assessment by Type
5.5 Market Attractiveness/Growth Potential Analysis by Type
6 Global Magnetic Cylinder Market Analysis and Forecast by End-user
6.1 Market Trends
6.2 Introduction
6.2.1 Basis Point Share (BPS) Analysis by End-user
6.2.2 Y-o-Y Growth Projections by End-user
6.3 Magnetic Cylinder Market Size and Volume Forecast by End-user
6.3.1 Automotive Industry
6.3.2 Machinery Industry
6.3.3 Electronic Industry
6.3.4 Others
6.4 Absolute $ Opportunity Assessment by End-user
6.5 Market Attractiveness/Growth Potential Analysis by End-user
7 Global Magnetic Cylinder Market Analysis and Forecast by Region
7.1 Market Trends
7.2 Introduction
7.2.1 Basis Point Share (BPS) Analysis by Region
7.2.2 Y-o-Y Growth Projections by Region
7.3 Magnetic Cylinder Market Size and Volume Forecast by Region
7.3.1 North America
7.3.2 Europe
7.3.3 Asia Pacific
7.3.4 Latin America
7.3.5 Middle East and Africa (MEA)
7.4 Absolute $ Opportunity Assessment by Region
7.5 Market Attractiveness/Growth Potential Analysis by Region
7.6 Global Magnetic Cylinder Demand Share Forecast, 2019-2026
8 North America Magnetic Cylinder Market Analysis and Forecast
8.1 Introduction
8.1.1 Basis Point Share (BPS) Analysis by Country
8.1.2 Y-o-Y Growth Projections by Country
8.2 North America Magnetic Cylinder Market Size and Volume Forecast by Country
8.2.1 U.S.
8.2.2 Canada
8.3 Absolute $ Opportunity Assessment by Country
8.4 North America Magnetic Cylinder Market Size and Volume Forecast by Type
8.4.1 Standards-based Cylinders
8.4.2 Standards-based Compact Cylinders
8.4.3 Guided Cylinders
8.4.4 Rodless Cylinders
8.4.5 Rotating Cylinders
8.4.6 Oval Cylinders
8.4.7 Others
8.5 Basis Point Share (BPS) Analysis by Type
8.6 Y-o-Y Growth Projections by Type
8.7 North America Magnetic Cylinder Market Size and Volume Forecast by End-user
8.7.1 Automotive Industry
8.7.2 Machinery Industry
8.7.3 Electronic Industry
8.7.4 Others
8.8 Basis Point Share (BPS) Analysis by End-user
8.9 Y-o-Y Growth Projections by End-user
8.10 Market Attractiveness/Growth Potential Analysis
8.10.1 By Country
8.10.2 By Type
8.10.3 By End-user
8.11 North America Magnetic Cylinder Demand Share Forecast, 2019-2026
9 Europe Magnetic Cylinder Market Analysis and Forecast
9.1 Introduction
9.1.1 Basis Point Share (BPS) Analysis by Country
9.1.2 Y-o-Y Growth Projections by Country
9.2 Europe Magnetic Cylinder Market Size and Volume Forecast by Country
9.2.1 Germany
9.2.2 France
9.2.3 Italy
9.2.4 U.K.
9.2.5 Spain
9.2.6 Russia
9.2.7 Rest of Europe
9.3 Absolute $ Opportunity Assessment by Country
9.4 Europe Magnetic Cylinder Market Size and Volume Forecast by Type
9.4.1 Standards-based Cylinders
9.4.2 Standards-based Compact Cylinders
9.4.3 Guided Cylinders
9.4.4 Rodless Cylinders
9.4.5 Rotating Cylinders
9.4.6 Oval Cylinders
9.4.7 Others
9.5 Basis Point Share (BPS) Analysis by Type
9.6 Y-o-Y Growth Projections by Type
9.7 Europe Magnetic Cylinder Market Size and Volume Forecast by End-user
9.7.1 Automotive Industry
9.7.2 Machinery Industry
9.7.3 Electronic Industry
9.7.4 Others
9.8 Basis Point Share (BPS) Analysis by End-user
9.9 Y-o-Y Growth Projections by End-user
9.10 Market Attractiveness/Growth Potential Analysis
9.10.1 By Country
9.10.2 By Type
9.10.3 By End-user
9.11 Europe Magnetic Cylinder Demand Share Forecast, 2019-2026
10 Asia Pacific Magnetic Cylinder Market Analysis and Forecast
10.1 Introduction
10.1.1 Basis Point Share (BPS) Analysis by Country
10.1.2 Y-o-Y Growth Projections by Country
10.2 Asia Pacific Magnetic Cylinder Market Size and Volume Forecast by Country
10.2.1 China
10.2.2 Japan
10.2.3 South Korea
10.2.4 India
10.2.5 Australia
10.2.6 Rest of Asia Pacific (APAC)
10.3 Absolute $ Opportunity Assessment by Country
10.4 Asia Pacific Magnetic Cylinder Market Size and Volume Forecast by Type
10.4.1 Standards-based Cylinders
10.4.2 Standards-based Compact Cylinders
10.4.3 Guided Cylinders
10.4.4 Rodless Cylinders
10.4.5 Rotating Cylinders
10.4.6 Oval Cylinders
10.4.7 Others
10.5 Basis Point Share (BPS) Analysis by Type
10.6 Y-o-Y Growth Projections by Type
10.7 Asia Pacific Magnetic Cylinder Market Size and Volume Forecast by End-user
10.7.1 Automotive Industry
10.7.2 Machinery Industry
10.7.3 Electronic Industry
10.7.4 Others
10.8 Basis Point Share (BPS) Analysis by End-user
10.9 Y-o-Y Growth Projections by End-user
10.10 Market Attractiveness/Growth Potential Analysis
10.10.1 By Country
10.10.2 By Type
10.10.3 By End-user
10.11 Asia Pacific Magnetic Cylinder Demand Share Forecast, 2019-2026
11 Latin America Magnetic Cylinder Market Analysis and Forecast
11.1 Introduction
11.1.1 Basis Point Share (BPS) Analysis by Country
11.1.2 Y-o-Y Growth Projections by Country
11.2 Latin America Magnetic Cylinder Market Size and Volume Forecast by Country
11.2.1 Brazil
11.2.2 Mexico
11.2.3 Rest of Latin America (LATAM)
11.3 Absolute $ Opportunity Assessment by Country
11.4 Latin America Magnetic Cylinder Market Size and Volume Forecast by Type
11.4.1 Standards-based Cylinders
11.4.2 Standards-based Compact Cylinders
11.4.3 Guided Cylinders
11.4.4 Rodless Cylinders
11.4.5 Rotating Cylinders
11.4.6 Oval Cylinders
11.4.7 Others
11.5 Basis Point Share (BPS) Analysis by Type
11.6 Y-o-Y Growth Projections by Type
11.7 Latin America Magnetic Cylinder Market Size and Volume Forecast by End-user
11.7.1 Automotive Industry
11.7.2 Machinery Industry
11.7.3 Electronic Industry
11.7.4 Others
11.8 Basis Point Share (BPS) Analysis by End-user
11.9 Y-o-Y Growth Projections by End-user
11.10 Market Attractiveness/Growth Potential Analysis
11.10.1 By Country
11.10.2 By Type
11.10.3 By End-user
11.11 Latin America Magnetic Cylinder Demand Share Forecast, 2019-2026
12 Middle East & Africa Magnetic Cylinder Market Analysis and Forecast
12.1 Introduction
12.1.1 Basis Point Share (BPS) Analysis by Country
12.1.2 Y-o-Y Growth Projections by Country
12.2 MEA Magnetic Cylinder Market Size and Volume Forecast by Country
12.2.1 Saudi Arabia
12.2.2 South Africa
12.2.3 UAE
12.2.4 Rest of Middle East & Africa (MEA)
12.3 Absolute $ Opportunity Assessment by Country
12.4 MEA Magnetic Cylinder Market Size and Volume Forecast by Type
12.4.1 Standards-based Cylinders
12.4.2 Standards-based Compact Cylinders
12.4.3 Guided Cylinders
12.4.4 Rodless Cylinders
12.4.5 Rotating Cylinders
12.4.6 Oval Cylinders
12.4.7 Others
12.5 Basis Point Share (BPS) Analysis by Type
12.6 Y-o-Y Growth Projections by Type
12.7 MEA Magnetic Cylinder Market Size and Volume Forecast by End-user
12.7.1 Automotive Industry
12.7.2 Machinery Industry
12.7.3 Electronic Industry
12.7.4 Others
12.8 Basis Point Share (BPS) Analysis by End-user
12.9 Y-o-Y Growth Projections by End-user
12.10 Market Attractiveness/Growth Potential Analysis
12.10.1 By Country
12.10.2 By Type
12.10.3 By End-user
12.11 MEA Magnetic Cylinder Demand Share Forecast, 2019-2026
13 Competition Landscape
13.1 Global Magnetic Cylinder Market: Market Share Analysis
13.2 Magnetic CylinderDistributors and Customers
13.3 Magnetic Cylinder Market: Competitive Dashboard
13.4 Company Profiles (Details – Overview, Financials, Developments, Strategy)
13.4.1 RotoMetrics
13.4.2 Bunting Magnetics
13.4.3 Wilson Manufacturing
13.4.4 Wink Stanzwerkzeuge
13.4.5 ESON
13.4.6 Spilker GmbH
13.4.7 KOCHER+BECK
13.4.8 Rotometal
13.4.9 WASBERGER
13.4.10 Bernstein
13.4.11 Tecnocut
