DUBLIN--(BUSINESS WIRE)--The "Flexible Magnet Market By Type (Isotropic, Anisotropic, and Hybrid), By End-User (Electrical & Electronics, Packaging, and Automotive) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The electrical & electronics sector is one of the major contributors toward the flexible magnet market. The high growth in economies and the increasing per capita income among consumers in the developing countries are pushing the demand for electronic devices. This, in turn, is increasing the demand for flexible magnet in this area. This trend is expected to continue with the automotive sector leading the market during the forecast period.
The emerging economies, such as China, India, and Brazil, are witnessing the economic transformation that results in the growth of industrial infrastructure & equipment market. This, in turn, is expected to impact the flexible magnet market positively. Further, the use of flexible magnet is increasing in industrial, consumer goods, and automotive industries, which is expected to expand the market.
Globally, North America is the largest flexible magnet market due to the presence of export-oriented manufacturing capacities and substantial domestic demand from various end-user industries. The growth of automotive and logistics industries is further driving the market growth in the region. The anticipated economic stability in Europe is expected to boost its manufacturing sector, helping the growth of the flexible magnet market. North America is expected to remain the key region in the market with major contribution coming from the US.
- Increasing technological advancements in flexible magnets
- Growing adaptability of the flexible magnet in emerging economies
- Raw material price fluctuations can restrain its growth
- Changing geo-political structure of various countries can affect the market
- Growth in electronics and introduction of novel application areas
- Large untapped market in developing and underdeveloped countries
- Electrical & Electronics
Key Topics Covered:
1 Report Outline
2 Executive Summary
3 Market Positioning
4 Market Outlook
5 Market Characteristics
6 By Type: Market Size And Analysis
7 End-user: Market Size And Analysis
8 Regions: Market Size And Analysis
9 Companies to watch for
10 Competitive Landscape
11 Expert's Views
- Ampex Electronics
- Arnold Magnetic Technologies
- Daido Steel Co., Ltd.
- Hitachi Metals, Ltd.
- Sanbros Engineering Works
- TDK Corporation
- Toshiba Corporation
- VACUUMSCHELZE (OM GROUP)
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