The global suspension magnet market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for suspension magnets in various industries such as coal industries, foundries, ceramic industries, abrasive industries and chemical industries. The increasing demand for suspension magnets in these sectors is due to their ability to provide high-quality products with low maintenance cost and less downtime. Moreover, the growing need for automation in various industrial sectors is also driving the growth of this market.
Some Of The Growth Factors Of This Market:
- The increasing demand for suspension magnets in the automotive industry is a major growth factor for the market.
- The increasing demand for suspension magnets in the wind energy industry is a major growth factor for the market.
- The increasing demand for suspension magnets in the medical industry is a major growth factor for the market.
- The increasing demand from emerging economies such as China and India is a major growth factor for this market.
- Increasing research and development activities by key players to introduce new products are also driving this market.
Industry Growth Insights published a new data on “Suspension Magnet Market”. The research report is titled “Suspension Magnet Market research by Types (Manual Cleaning, Self Cleaning), By Applications (Coal Industries, Foundries, Ceramic Industries, Abrasive Industries, Chemical Industries, Others), By Players/Companies Eriez Manufacturing, Jupiter Magnetics, Goudsmit Magnetics, Master Magnets, Magnetic Systems International, Ohio Magnetics, Electro Flux, Andrin SA, Malvern Engineering”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Suspension Magnet Market Research Report
By Type
Manual Cleaning, Self Cleaning
By Application
Coal Industries, Foundries, Ceramic Industries, Abrasive Industries, Chemical Industries, Others
By Companies
Eriez Manufacturing, Jupiter Magnetics, Goudsmit Magnetics, Master Magnets, Magnetic Systems International, Ohio Magnetics, Electro Flux, Andrin SA, Malvern Engineering
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Suspension Magnet Market Report Segments:
The global Suspension Magnet market is segmented on the basis of:
Types
Manual Cleaning, Self Cleaning
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
Coal Industries, Foundries, Ceramic Industries, Abrasive Industries, Chemical Industries, 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:
- Eriez Manufacturing
- Jupiter Magnetics
- Goudsmit Magnetics
- Master Magnets
- Magnetic Systems International
- Ohio Magnetics
- Electro Flux
- Andrin SA
- Malvern Engineering
Highlights of The Suspension Magnet 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:
- Manual Cleaning
- Self Cleaning
- By Application:
- Coal Industries
- Foundries
- Ceramic Industries
- Abrasive Industries
- Chemical Industries
- 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 Suspension Magnet 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?
A suspension magnet is a type of magnet that can suspend objects in the air. Suspension magnets are often used in industrial applications, such as manufacturing and shipping.
Some of the major companies in the suspension magnet market are Eriez Manufacturing, Jupiter Magnetics, Goudsmit Magnetics, Master Magnets, Magnetic Systems International, Ohio Magnetics, Electro Flux, Andrin SA, Malvern Engineering.
The suspension magnet market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Suspension Magnet 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. Suspension Magnet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Suspension Magnet Market - Supply Chain
4.5. Global Suspension Magnet Market Forecast
4.5.1. Suspension Magnet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Suspension Magnet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Suspension Magnet Market Absolute $ Opportunity
5. Global Suspension Magnet 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. Suspension Magnet Market Size and Volume Forecast by Type
5.3.1. Manual Cleaning
5.3.2. Self Cleaning
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Suspension Magnet Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Suspension Magnet Market Size and Volume Forecast by Application
6.3.1. Coal Industries
6.3.2. Foundries
6.3.3. Ceramic Industries
6.3.4. Abrasive Industries
6.3.5. Chemical Industries
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Suspension Magnet Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Suspension Magnet Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Suspension Magnet Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Suspension Magnet Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Suspension Magnet Demand Share Forecast, 2019-2026
9. North America Suspension Magnet 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. North America Suspension Magnet Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Suspension Magnet Market Size and Volume Forecast by Application
9.4.1. Coal Industries
9.4.2. Foundries
9.4.3. Ceramic Industries
9.4.4. Abrasive Industries
9.4.5. Chemical Industries
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Suspension Magnet Market Size and Volume Forecast by Type
9.7.1. Manual Cleaning
9.7.2. Self Cleaning
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Suspension Magnet Demand Share Forecast, 2019-2026
10. Latin America Suspension Magnet 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
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Suspension Magnet Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Suspension Magnet Market Size and Volume Forecast by Application
10.4.1. Coal Industries
10.4.2. Foundries
10.4.3. Ceramic Industries
10.4.4. Abrasive Industries
10.4.5. Chemical Industries
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Suspension Magnet Market Size and Volume Forecast by Type
10.7.1. Manual Cleaning
10.7.2. Self Cleaning
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Suspension Magnet Demand Share Forecast, 2019-2026
11. Europe Suspension Magnet 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
11.1.3. Europe Average Pricing Analysis
11.2. Europe Suspension Magnet Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Suspension Magnet Market Size and Volume Forecast by Application
11.4.1. Coal Industries
11.4.2. Foundries
11.4.3. Ceramic Industries
11.4.4. Abrasive Industries
11.4.5. Chemical Industries
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Suspension Magnet Market Size and Volume Forecast by Type
11.7.1. Manual Cleaning
11.7.2. Self Cleaning
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Suspension Magnet Demand Share, 2019-2026
12. Asia Pacific Suspension Magnet 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
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Suspension Magnet Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Suspension Magnet Market Size and Volume Forecast by Application
12.4.1. Coal Industries
12.4.2. Foundries
12.4.3. Ceramic Industries
12.4.4. Abrasive Industries
12.4.5. Chemical Industries
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Suspension Magnet Market Size and Volume Forecast by Type
12.7.1. Manual Cleaning
12.7.2. Self Cleaning
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Suspension Magnet Demand Share, 2019-2026
13. Middle East & Africa Suspension Magnet Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Suspension Magnet Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Suspension Magnet Market Size and Volume Forecast by Application
13.4.1. Coal Industries
13.4.2. Foundries
13.4.3. Ceramic Industries
13.4.4. Abrasive Industries
13.4.5. Chemical Industries
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Suspension Magnet Market Size and Volume Forecast by Type
13.7.1. Manual Cleaning
13.7.2. Self Cleaning
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Suspension Magnet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Suspension Magnet Market: Market Share Analysis
14.2. Suspension Magnet Distributors and Customers
14.3. Suspension Magnet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eriez Manufacturing
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jupiter Magnetics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Goudsmit Magnetics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Master Magnets
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Magnetic Systems International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ohio Magnetics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Electro Flux
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Andrin SA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Malvern Engineering
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook