Overview of the global market for magnets and their materials, along with emerging technologies and potential business opportunities, especially for new designing DIY project in consuming field, like home appliance, electronic toys, office application etc.
The global market for magnets and magnetic materials reached $32.2 billion in 2016. The market should reach $34.9 billion in 2017 and $51.7 billion by 2022, increasing at a compound annual growth rate (CAGR) of 8.2% from 2017 through 2022.
Regarding application (Motor magnet, Transformer, Alternator), End User Industry (Automotive
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