Alnico Magnets Market 9.59% CAGR Growth Report to 2022
Alnico magnets market of 120 pages Industry Research report is now available with reportsnreports.com and under Advanced Materials section of its market research library.
January 25, 2018 /MarketersMedia/ —
Alnico magnets market growth report provides forecast and analysis of the global alnico magnets on global and regional level. The report provides historic data with forecast from 2018 to 2022 based on volume and revenue. The analysts forecast global alnico magnets market to grow at a CAGR of 9.59% during the period 2018-2022.
According to the Alnico magnets market report, one of the major drivers for this market is Growing demand from electronics industry. Alnico magnets are used in electronics such as electric motors, electric guitar pickups, microphones, sensors, loudspeakers, magnetron tubes, cow magnets, refrigerator, air-conditioner, televisions, computer disk, cellphone, circuit boards, video equipment, microwave ovens, metal separators, pumps, and fans. They have stronger fields and corrosion-resistance. Due to these properties, alnico magnets are preferred in the electronics industry.
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The latest trend gaining momentum in the Alnico magnets market is growing demand from aerospace industry. The aerospace industry uses alnico magnets in large volumes. Alnico magnets are used in electrical power generation, slat actuators, throttle levers, engine-driven generators, fuel pumps and fuel flow regulation, and rudder actuators. Alnico magnets offer high remanence and thermal stability, which make them effective magnetic materials for use in the aerospace industry.
Further, the Alnico magnets market report states that one of the major factors hindering the growth of this market is volatility in prices of raw materials. In the recent years, uncertain costs in the commodities market have put financial pressure on the producers. After the global economic crisis, costs of metals have been fluctuating, which is affecting the cost of raw materials. The fluctuation is also hindering the global alnico magnets market growth.
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Alnico magnets are primarily composed of aluminum, nickel, and cobalt. In certain cases, they also include titanium and copper. Alnico magnets are ferromagnetic and exhibit high coercivity. They consist of 12% of aluminum, 26% of nickel, 24% of cobalt, 6% of copper, 1% of titanium, and the rest is iron.
This report, Global Alnico Magnets Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Table of Contents
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Research Methodology
Part 04: Introduction
Alnico Magnets
Part 05: Market Landscape
Market Characteristics
Market Segmentation Analysis
Part 06: Market Sizing
Market Definition
Market Sizing 2017
Market Size and Forecast 2017-2022
Part 07: Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitutes
Threat of Rivalry
Market Condition
Part 08: Market Segmentation by Application
Segmentation by Application
Comparison by Application
Electronics – Market Size and Forecast 2017-2022
Automotive – Market Size and Forecast 2017-2022
Aerospace Market Size and Forecast 2017-2022
Wind Energy Market Size and Forecast 2017-2022
Medical Devices – Market Size and Forecast 2017-2022
Others – Market Size and Forecast 2017-2022
Market Opportunity by Application
Part 09: Customer Landscape
Part 10: Regional Landscape
Geographical Segmentation
Regional Comparison
Apac – Market Size and Forecast 2017-2022
Americas – Market Size and Forecast 2017-2022
Emea – Market Size and Forecast 2017-2022
Market Opportunity
Part 11: Decision Framework
Part 12: Drivers and Challenges
Market Drivers
Market Challenges
Part 13: Market Trends
Growing Demand From Aerospace Industry
Global Demand From Wind Energy Industry
Rise In Demand From Mri Devices
Part 14: Vendor Landscape
Overview
Landscape Disruption
Part 15: Vendor Analysis
Vendors Covered
Vendor Classification
Market Positioning of Vendors
Arnold Magnetic Technologies
Adams Magnetic Products
Stanford Magnets
Master Magnetics
Eneflux-Armtek Magnetics
Hitachi Metals
Part 16: Appendix
List of Abbreviations
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