Permanent lifting magnets are composed of magnet materials and steel parts which build a path through which the magnetic flux goes from the magnet materials to ferromagnetic load to be lifted.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times and supply-lead-times.
At present, because of the substitutability and higher safety of electromagnetic lifting, and many companies remove the business of permanent magnet lifting, focusing on the development of electromagnetic lifting, the global market of permanent magnet lifting will continue to shrink.
Over the past two years, the Chinese government has vigorously advocated energy saving and emission reduction, and formulated a series of policies to solve the problem of excess capacity in the steel industry. Permanent magnet lifting will receive tremendous impact downstream. Because of this, India's iron and steel industry is in full swing, with rapid growth in output and exports, which will drive the growth of permanent magnet lifting.
According to this study, over the next five years the Permanent Lifting Magnets market will register a -3.2% CAGR in terms of revenue, the global market size will reach US$ 400 million by 2024, from US$ 480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Permanent Lifting Magnets business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Lifting Magnets market by product type, application, key manufacturers and key regions and countries.
This study considers the Permanent Lifting Magnets value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Below 500Kg
500-1000Kg
Above 1000Kg
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Steel
Construction
Industrial
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hishiko
Kanetec
Walker Magnetics
magnetoolinc
Sarda Magnets
Eriez Manufacturing
Armstrong Magnetics
Industrial Magnetics
Walmag Magnetics
Braillon Magnetics
ALFRA GmbH
Eclipse Magnetics
Earth-Chain Enterprise
Assfalg GmbH
Hunan Kemeida Electric
Shenyang Longi
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Permanent Lifting Magnets consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Permanent Lifting Magnets market by identifying its various subsegments.
Focuses on the key global Permanent Lifting Magnets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Permanent Lifting Magnets with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Permanent Lifting Magnets submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Permanent Lifting Magnets . Industry analysis & Market Report on Permanent Lifting Magnets is a syndicated market report, published as Global Permanent Lifting Magnets Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Permanent Lifting Magnets market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.