© 2016 Global Market Insights, Inc. USA. All Rights Reserved Permanent Magnet Market Price, Trends, Industry Outlook & Forecast

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Permanent Magnet Market size in the automotive sector, worth USD 10 billion in 2015, is expected to witness a massive expansion over the coming seven years. Escalating product application in alternators, accessory motors, loudspeakers, and sensing devices as a result of its beneficial features will boost the revenue margin of this market. Permanent Magnet Market  Furthermore, rise in the automobile production, increase in the GDP, and swift changes in consumer lifestyles will offer profitable growth avenues for the industry participants, thereby impelling the business expansion.  High fossil fuel depletion has led to an increased focus on green energy and carbon emission free resources, thereby impelling permanent magnet market growth. The changing dynamics of the automotive sector have resulted in an escalating demand for lightweight and strong products in the manufacture of commercial and personal cars. Global Market Scenario of Permanent Magnet Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  This factor, in particular, is slated to have a massive impact on the growth of permanent magnet industry. Introduction of low priced manufacturing methods and new technological innovations may also beneficially influence the business trends. Global Market Insights, Inc., reports that permanent magnet industry revenue is set to hit USD 50 billion by 2024, recording an annual growth of more than 10% over the period of  Reasons to Buy This Report: 1. Permanent Magnet Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Key Permanent Magnet Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  Considering the regional trends, North America permanent magnet industry, which collected a revenue of USD 4 billion in 2015, is forecast to register a CAGR of more than 9% over the next few years. Rise in the automobile production along with an increase in the wind energy deployment capacity will garner profits for this business space over U.S. permanent magnet industry is likely to contribute to a major portion of the regional share. Continue…

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Request sample of this research Research Methodology

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific permanent magnet industry, which collected a revenue of more than USD 10 billion in 2015, is projected to observe a lucrative growth over the years ahead. Abundant availability of rare earth metals from the earth’s crust along with high production of vehicles and electronic goods will attract foreign investors.  India and China, which are likely to be the regional business destinations, are expected to boost APAC growth. These emerging economies have the ability of generating a profitable roadmap for permanent magnet market. Regional Insights Request sample of this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Inquire for Buying this  TDK Corporation, Adams Magnetic Products, Electron Energy Corporation, and Hitachi Metals Limited are the key players of permanent magnet industry. Competitive Insights

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Latest Research Report On Permanent Magnet Request sample of this Make an inquiry for purchasing this

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Stay In Touch You can visit us at: Thank You…