Research and Markets has announced the addition of the “Permanent Magnets: Technologies and Global Markets” report to their offering. The global permanent magnet market is expected to grow from nearly $13.4 billion in 2015 to roughly $20 billion by 2020, with a CAGR of 8.4 percent for the period of 2015-2020.
The neodymium magnet market will grow from $7.0 billion in 2015 to $10.7 billion by 2020 with a CAGR of 9.0 percent for the period of 2015-2020. The ferrite magnet market will grow from $5.8 billion in 2015 to $8.6 billion by 2020 with a CAGR of 8.3 percent.
This report provides an up-to-date analysis of recent developments and current trends in the global permanent magnet market and quantifies the projected impact of both internal and external forces that are affecting the global permanent magnet market today and will affect the market for the next several years.
Use this report to:
- Gain information about the global consumption of permanent magnets in automotive, industrial, medical and home appliances industries.
- Gain information about the current trends within the industry and major end-user industries for the global permanent magnet market.
- Analyze the supplier landscape in the field of permanent magnets.
For more information visit http://www.researchandmarkets.com/research/vczbgn/permanent.