The global permanent magnets market size is projected to grow about 7.5% annually, rising to $36.9 billion in 2027 from its level of $20.7 billion in 2019, according to a market report by Grand View Research. […]
Considering its interdependent global operations, the magnetics community is showing remarkable resilience in combating the effects of Covid-19. Companies are working hard and creatively to maintain their supply chains and production capabilities, yet there is […]
Inextricably linked, China and the global magnetics industry are experiencing a significant impact from the Coronavirus which broke out in Wuhan and has spread to an assortment of industry and end-user facilities and their people. […]
Applied Motion Products announced recently that the company has purchased land to build new corporate headquarters in Morgan Hill, CA, located in Santa Clara County at the southern tip of Silicon Valley. A manufacturer of motors […]
Magnetic-based sensing plays a crucial role in modern technology driven by rapid development in areas such as heading information for navigation, angle sensing, current sensing and leakage sensing for the electric vehicle and smart grid. Getting […]
MultiDimension Technology has released two new models of three-axis digital magnetometers for high-resolution 3D magnetic field measurement. They can be particularly useful for application developers working on research and development that involves magnetic sensing. “With open USB communication protocol, these magnetometers […]
Sumitomo Electric of Japan has established a new company in China that it plans to be a major manufacturer of rectangular magnet wire beginning in 2020. Meanwhile, the company is continuing its technical development of […]
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