PUBLISHER: TechNavio | PRODUCT CODE: 1076894
PUBLISHER: TechNavio | PRODUCT CODE: 1076894
Technavio has been monitoring the alnico magnets market and it is poised to grow by $ 434.71 mn during 2022-2026, accelerating at a CAGR of 8.26% during the forecast period. Our report on the alnico magnets market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand from electronics industry, rise in demand from automotive industry, and growing demand from China and India.
The alnico magnets market analysis includes the application segment and geographic landscape.
Technavio's alnico magnets market is segmented as below:
By Application
By Geographical Landscape
This study identifies the growing demand from the aerospace industry as one of the prime reasons driving the alnico magnets market growth during the next few years. Also, rising demand from the wind energy industry and rise in demand from magnetic resonance imaging (MRI) devices will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on alnico magnets market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading alnico magnets market vendors that include Adams Magnetic Products, Alga Magneti Srl, Arnold Magnetic Technologies Corp., Bunting Magnetics Europe LTD., DATOYO MAGNETICS CO. Ltd., DEXTER MAGNETIC TECHNOLOGIES, Dura Magnetics Inc., DURA MAGNETS PVT. LTD., Electron Energy Corp., Eneflux-Armtek Magnetics Inc., Goudsmit Magnetics Groep BV, Hitachi Ltd., IBS Magnet, Integrated Technologies Group, Magdev Ltd., Magnaworks Technology Inc., Master Magnetics Inc., Permanent Magnets Ltd., Stanford Magnets, and Storch Magnetics. Also, the alnico magnets market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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