Middle East and Africa Ferrite Magnets Market
- Report Code: FE 1004
- Publish Date: Upcoming
The Middle East and Africa ferrite magnets market is witnessing high growth on account of increasing applications especially in the automotive and consumer electronics. The Middle East and Africa ferrite magnets market report estimates the market size of Middle East and Africa ferrite magnets market both in terms of volume and revenue. The report provides a comprehensive review of major market drivers, challenges, and key issues. Middle East and Africa Ferrite magnets market was valued at $50.40 million in 2013 and is expected to reach $75.08 million by 2019, at a CAGR of 7.7%. The Ferrite magnets are the low cost permanent magnets as compared to other magnets, and hence they are the most widely consumed permanent magnet materials in the world.
Ferrite magnets exhibit high resistance to demagnetization, corrosion, and are electrically insulated. The report ‘Middle East and Africa Ferrite Magnets Market’ analyzes the ferrite magnets market by applications for seven major applications, namely, consumer electronics, general industrial, automotive, medical technology, environment & energy, aerospace & defense, and others.
The Ferrite magnet applications experienced a positive growth till 2013 and are expected to continue the same in the coming years. With a market value of $11.32, consumer electronics holds majority of the share in the Middle East and Africa. Automotive, aerospace & defense markets have been witnessing maximum growth due to increase in the usage of ferrite magnets in electric power systems, motors in automotive sectors, military weapons, and aircraft in the aerospace & defense industry. Automotive market was valued at $9.28 million in 2013 and is estimated to reach a CAGR of 9.2%, for the period under consideration.
The report covers Middle East and Africa ferrite magnets market and its trends concerning with major countries, namely Saudi Arabia, UAE, Nigeria, Kuwait, Qatar, and Others. Saudi Arabia is the dominant country for the consumption of ferrite magnets in the region. Kuwait’s Ferrite magnets market is estimated to experience high growth during the forecast period and is projected to reach a CAGR of 8.7%, by 2019. The Saudi Arabian government has initiated loads of development plans that will boost the ferrite magnets consumption in the country. Similarly, other gulf countries - Qatar, UAE, and Kuwait will also invest in infrastructure; this will help the ferrite magnets market to grow in the region.
This report is focused on the detailed study of the Middle East and Africa ferrite magnets market, based on its applications that are utilized in different countries. Further, as part of qualitative analysis, the research report provides a comprehensive review of important drivers, restraints, opportunities, and key issues in the Middle East and Africa ferrite magnets market. The report also provides an extensive competitive landscaping of companies operating in this market. Middle East and Africa ferrite magnets market also includes the company profiling and competitive strategies adopted by various market players such as Hitachi, Shin-Etsu Chemical Co Ltd., Lynas Corp. Ltd., Molycorp Chemicals and Oxides, Hangzhou Permanent Magnet Group, Ningbo Yunsheng High-tech Magnetics Co., Ltd, Daido Steel Co., Ltd., and JPMF Guangdong Co. Ltd.
Customization Options:
Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standards and deep dive analysis of the following parameters:
- Price analysis for the ferrite magnets
- SWOT analysis for the top market players in the region
- Porter’s Five Force Analysis of the Middle East and Africa Ferrite Magnets Market
- Detailed analysis of on-going research & development activities of permanent magnets
- Opportunities in the Middle East and Africa Ferrite Magnets Market
- Trade date for the Ferrite magnets
- Trade data, by country
- Import-export data, by each country with other key countries of the world
- Scale analysis
- Comparison with respect to the Global Ferrite Magnets market
- New technology trends
- New product developments
1 Introduction
1.1 Objective of the study
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
1.4.1 Assumptions (Market Size, Forecast, etc)
2 Executive Summary
3 Market Overview
4 Ferrite Magnets-Middle East and Africa, By Applications
4.1 Split By Geography
4.1 Ferrite Magnets-Saudi Arabia by Applications
4.1 Ferrite Magnets-Qatar by Applications
4.1 Ferrite Magnets-Middle East and Africa - Kuwait by Applications
4.1 Ferrite Magnets-Middle East and Africa - Nigeria by Applications
4.1 Ferrite Magnets-Middle East and Africa - UAE by Applications
4.1 Ferrite Magnets-Middle East and Africa - Other Geographies by Applications
4.2 Ferrite Magnets-Electrical & Electronics-Middle East and Africa
4.2.1 Ferrite Magnets-Electrical & Electronics-Middle East and Africa, By Geographies
4.2.1.1 Ferrite Magnets-Electrical & Electronics-Saudi Arabia
4.2.1.2 Ferrite Magnets-Electrical & Electronics-Qatar
4.2.1.3 Ferrite Magnets-Electrical & Electronics-Middle East and Africa - Kuwait
4.2.1.4 Ferrite Magnets-Electrical & Electronics-Middle East and Africa - Nigeria
4.2.1.5 Ferrite Magnets-Electrical & Electronics-Middle East and Africa - UAE
4.3 Ferrite Magnets-Industrial Machinery-Middle East and Africa
4.3.1 Ferrite Magnets-Industrial Machinery-Middle East and Africa, By Geographies
4.3.1.1 Ferrite Magnets-Industrial Machinery-Saudi Arabia
4.3.1.2 Ferrite Magnets-Industrial Machinery-Qatar
4.3.1.3 Ferrite Magnets-Industrial Machinery-Middle East and Africa - Kuwait
4.3.1.4 Ferrite Magnets-Industrial Machinery-Middle East and Africa - Nigeria
4.3.1.5 Ferrite Magnets-Industrial Machinery-Middle East and Africa - UAE
4.4 Ferrite Magnets-Automotive Materials-Middle East and Africa
4.4.1 Ferrite Magnets-Automotive Materials-Middle East and Africa, By Geographies
4.4.1.1 Ferrite Magnets-Automotive Materials-Saudi Arabia
4.4.1.2 Ferrite Magnets-Automotive Materials-Qatar
4.4.1.3 Ferrite Magnets-Automotive Materials-Middle East and Africa - Kuwait
4.4.1.4 Ferrite Magnets-Automotive Materials-Middle East and Africa - Nigeria
4.4.1.5 Ferrite Magnets-Automotive Materials-Middle East and Africa - UAE
4.5 Ferrite Magnets-Middle East and Africa-Other Applications
4.6 Ferrite Magnets-Medical Devices-Middle East and Africa
4.6.1 Ferrite Magnets-Medical Devices-Middle East and Africa, By Geographies
4.6.1.1 Ferrite Magnets-Medical Devices-Saudi Arabia
4.6.1.2 Ferrite Magnets-Medical Devices-Qatar
4.6.1.3 Ferrite Magnets-Medical Devices-Middle East and Africa - Kuwait
4.6.1.4 Ferrite Magnets-Medical Devices-Middle East and Africa - Nigeria
4.6.1.5 Ferrite Magnets-Medical Devices-Middle East and Africa - UAE
4.7 Ferrite Magnets-Wind Energy-Middle East and Africa
4.7.1 Ferrite Magnets-Wind Energy-Middle East and Africa, By Geographies
4.7.1.1 Ferrite Magnets-Wind Energy-Saudi Arabia
4.7.1.2 Ferrite Magnets-Wind Energy-Qatar
4.7.1.3 Ferrite Magnets-Wind Energy-Middle East and Africa - Kuwait
4.7.1.4 Ferrite Magnets-Wind Energy-Middle East and Africa - Nigeria
4.7.1.5 Ferrite Magnets-Wind Energy-Middle East and Africa - UAE
4.8 Ferrite Magnets-Aerospace & Defense-Middle East and Africa
4.8.1 Ferrite Magnets-Aerospace & Defense-Middle East and Africa, By Geographies
4.8.1.1 Ferrite Magnets-Aerospace & Defense-Saudi Arabia
4.8.1.2 Ferrite Magnets-Aerospace & Defense-Qatar
4.8.1.3 Ferrite Magnets-Aerospace & Defense-Middle East and Africa - Kuwait
4.8.1.4 Ferrite Magnets-Aerospace & Defense-Middle East and Africa - Nigeria
4.8.1.5 Ferrite Magnets-Aerospace & Defense-Middle East and Africa - UAE
5 Ferrite Magnets-Middle East and Africa, By Geographies
5.1 Ferrite Magnets-Saudi Arabia
5.1.1 Ferrite Magnets-Saudi Arabia, By Applications
5.1.1.1 Ferrite Magnets-Electrical & Electronics-Saudi Arabia
5.1.1.2 Ferrite Magnets-Industrial Machinery-Saudi Arabia
5.1.1.3 Ferrite Magnets-Automotive Materials-Saudi Arabia
5.1.1.4 Ferrite Magnets-Medical Devices-Saudi Arabia
5.1.1.5 Ferrite Magnets-Wind Energy-Saudi Arabia
5.1.1.6 Ferrite Magnets-Aerospace & Defense-Saudi Arabia
5.2 Ferrite Magnets-Qatar
5.2.1 Ferrite Magnets-Qatar, By Applications
5.2.1.1 Ferrite Magnets-Electrical & Electronics-Qatar
5.2.1.2 Ferrite Magnets-Industrial Machinery-Qatar
5.2.1.3 Ferrite Magnets-Automotive Materials-Qatar
5.2.1.4 Ferrite Magnets-Medical Devices-Qatar
5.2.1.5 Ferrite Magnets-Wind Energy-Qatar
5.2.1.6 Ferrite Magnets-Aerospace & Defense-Qatar
5.3 Ferrite Magnets-Middle East and Africa - Kuwait
5.3.1 Ferrite Magnets-Middle East and Africa - Kuwait, By Applications
5.3.1.1 Ferrite Magnets-Electrical & Electronics-Middle East and Africa - Kuwait
5.3.1.2 Ferrite Magnets-Industrial Machinery-Middle East and Africa - Kuwait
5.3.1.3 Ferrite Magnets-Automotive Materials-Middle East and Africa - Kuwait
5.3.1.4 Ferrite Magnets-Medical Devices-Middle East and Africa - Kuwait
5.3.1.5 Ferrite Magnets-Wind Energy-Middle East and Africa - Kuwait
5.3.1.6 Ferrite Magnets-Aerospace & Defense-Middle East and Africa - Kuwait
5.4 Ferrite Magnets-Middle East and Africa - Nigeria
5.4.1 Ferrite Magnets-Middle East and Africa - Nigeria, By Applications
5.4.1.1 Ferrite Magnets-Electrical & Electronics-Middle East and Africa - Nigeria
5.4.1.2 Ferrite Magnets-Industrial Machinery-Middle East and Africa - Nigeria
5.4.1.3 Ferrite Magnets-Automotive Materials-Middle East and Africa - Nigeria
5.4.1.4 Ferrite Magnets-Medical Devices-Middle East and Africa - Nigeria
5.4.1.5 Ferrite Magnets-Wind Energy-Middle East and Africa - Nigeria
5.4.1.6 Ferrite Magnets-Aerospace & Defense-Middle East and Africa - Nigeria
5.5 Ferrite Magnets-Middle East and Africa - UAE
5.5.1 Ferrite Magnets-Middle East and Africa - UAE, By Applications
5.5.1.1 Ferrite Magnets-Electrical & Electronics-Middle East and Africa - UAE
5.5.1.2 Ferrite Magnets-Industrial Machinery-Middle East and Africa - UAE
5.5.1.3 Ferrite Magnets-Automotive Materials-Middle East and Africa - UAE
5.5.1.4 Ferrite Magnets-Medical Devices-Middle East and Africa - UAE
5.5.1.5 Ferrite Magnets-Wind Energy-Middle East and Africa - UAE
5.5.1.6 Ferrite Magnets-Aerospace & Defense-Middle East and Africa - UAE
5.6 Ferrite Magnets-Middle East and Africa - Other Geographies
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Asia-Pacific Permanent Magnet The Asia-Pacific permanent magnet market was valued at $9.75 billion in 2012 and is projected to reach $15.80 billion by 2018, growing at a CAGR of 8.8% between 2013 and 2018. This market is mainly driven by the growing demand for permanent magnets due to rising demand for miniaturization together with advancement in technology. |
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North America Permanent Magnet North America’s permanent magnet market was valued at $850.0 million in 2012 and is expected to reach $1,500 million by 2018, growing at a CAGR of 8.4% from 2013 to 2018. The market is majorly driven by the budding demand for permanent magnets, which is primarily due to an increase in the demand for advanced materials in existing and emerging applications. |
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Europe Permanent Magnet The European permanent magnet market was valued at $700.0 million in 2012 and is expected to reach $1,100.0 million by 2018, growing at a CAGR of 6.6% from 2013 to 2018. This market is experiencing significant growth mainly driven by an increase in the demand for advanced materials in existing and emerging applications. |
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Middle East and Africa Permanent Magnet Middle East and Africa’s permanent magnet market was valued at $130.0 million in 2012 and is estimated to reach $220.0 million by 2018, growing at a CAGR of 8.0% from 2013 to 2018. This market is experiencing high growth mainly driven by the development initiatives of various countries such as Saudi Arabia, which will boost the permanent magnet consumption in the region. |
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Latin America Permanent Magnet Latin America’s permanent magnet market was valued at $80.0 million in 2012 and is estimated to reach $180.0 million by 2018, growing at a CAGR of 12.5% from 2013 to 2018. This market is experiencing high growth mainly driven by the development initiatives of various countries, which will boost the permanent magnet consumption in the region. |
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