1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Permanent Magnet Market Robust Growth in Automotive Industry | 2016 To 2024

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Table of Contents:-  Methodology & Scope  Executive Summary  Permanent Magnet Industry Insights  Permanent Magnet Industry Product Insights  Permanent Magnet Industry Application Insights  Permanent Magnet Industry Regional Insights  Company Profiles  146 Tables  14 Figures Detailed Table of contents @ https://www.gminsights.com/toc/detail/permanent-magnet-market

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Flourishing automotive industry was a major reason for growth in 2015. Permanent Magnet Market size is slated to exceed USD 50 billion by the end of 2024; according to a new research report by Global Market Insights, Inc.  Automotive production has witnessed a steady rise in the past five years from 80 million units in 2011 to around 91 million units in 2015 owing to increasing GDP and enhanced lifestyle of people throughout the world.  Wind energy has come up to be a prominent renewable source of energy with a total installed capacity of over 400 gigawatts all around the globe, and more than 200 gigawatts been installed since 2010. Permanent magnet market size in the energy generation sector will increase substantially in the near future as the UN has aimed at 100% emission free energy generation by the end of 2050. Global Market Scenario of Permanent Magnet Industry

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5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Growing application of light weight and strong products in the personal cars and other commercial vehicles production will influence the permanent magnet market positively.  Development of low cost manufacturing processes is also likely to propel the permanent magnet market up to 2024. Investments for innovative production lines and development of new materials such as nitride compounds or SmFeN based products influenced by the Concerted European Action on Magnets (CEAM) will have a positive influence throughout the forecast span. R&D on miniature sized products using rare-earth based products will steer the growth.  High price of rare earth metals used for production, such as neodymium, dysprosium, and samarium, may restrain the permanent magnet market growth. With almost all the rare-earth mines located in China, the import cost shoots up in the European and North American countries. Strict government norms regarding the harms caused by rare-earth metals mining may also hinder the growth. Continue..... View Summery of Report@ https://www.gminsights.com/industry-analysis/permanent-magnet-market

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Regional Analysis:-  China has more than 95% of the world rare earth reserve, making Asia Pacific a key manufacturer of rare earth based products with several small and medium level companies. APAC permanent magnet market will also have a remarkable growth, owing to its high production capacity of automobiles, electronic products, as well as wind energy. Asia Pacific has close to 50% of the total share.  North America recorded around USD 4 billion in 2015 and will gain by over 9% CAGR. The growth will likely be on the account of the U.S. passenger cars and commercial vehicle production crossing 12 million in 2015.  The permanent magnet market competitive landscape is fragmented due to the presence of several small and medium level manufacturing companies. Principal participating companies are Hitachi Metals, TDK Corporation, Hangzhou Group, Adams Magnetic Products, Electron Energy Corp, Arnold Magnetic Technologies, etc. Request sample copy @ https://www.gminsights.com/request-sample/detail/1113

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Permanent Magnet Market Research Report@ https://www.gminsights.com/industry-analysis/permanent-magnet-market Request Sample copy of this report@ https://www.gminsights.com/request-sample/detail/1113 For Customization in this report click@ https://www.gminsights.com/roc/1113

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