LONDON--(BUSINESS WIRE)--SpendEdge, a leading procurement market intelligence company, has announced the launch of its Global Magnets Category - Procurement Market Intelligence Report.
Rapid urbanization coupled with growing expectations for a comfortable life has resulted in a surge in the demand for objects like consumer electronics and automobiles. Such a high demand is readily being banked upon by scores of manufacturers and suppliers to make the most of the available opportunities. This has also opened up an ocean of opportunities for the suppliers of raw materials, who are facing high demand from the consumers electronics and automobiles industries. According to this procurement report, the magnets market will undergo exponential growth in the coming years.
“Magnets find extensive application in the production of devices such as loudspeakers, relays, actuators, and MRI machines. Such devices are an integral part of our day-to-day domestic life and are crucial for the commercial sectors,” says SpendEdge procurement expert Angad Singh.
However, from the perspective of the buyers, it becomes an extremely cumbersome task to fish out appropriate magnet suppliers from an ocean of competitive suppliers. Without a proper vision and an in-depth knowledge of the nature of the supply market, the buyers might end up making wrong investment decisions when it comes to choosing the right magnet suppliers.
This report, which highlights the top magnet suppliers, is available at a USD 1000 discount for a limited time only: View the full report before purchasing.
Working in close quarters with the leading market suppliers and distributors, our procurement experts have suggested that the APAC region is dominating the supply market for magnets owing to the availability of rare earth magnets. On the other hand, the suppliers in MEA and South America are highly reliant on the global distributors due to a scarcity of the raw materials in those regions.
Such insights into the nature of the global supply market implicitly reveals the place and the person who the buyers should consider while looking to procure magnets at the best market price. After conducting an extensive analysis and assessment of the leading magnet suppliers, our procurement experts have enlisted the top four magnet suppliers.
An overview of the top magnet suppliers
Advanced Technology & Materials
The portfolio of Advanced Technology & Materials Co., Ltd. consists of amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. Such an extensive portfolio makes this company one of the most sought-after vendors from industries like aerospace, electrics and electronics, energy, transportation, consumer electronics, industrial manufacturing, construction and building materials, petrochemical, and many more.
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Jingci Material Science
Formerly known as Beijing Jingci Magnet Co., this company is one of the largest and leading sinter NdFeB magnet suppliers in China. They specialize in R&D, production and sales of sinter NdFeB magnet. Jingci has earned the reputation of providing reliable and excellent product, as well as highly efficient and professional service for the customers worldwide. In a bid to perfect their service, Jingci has introduced imported advanced equipment in the new production base in Langfang, Hebei province, and is continually improving the automation rate in all processes.
Get a free Quote to identify the key factors that are majorly influencing the selection of magnet suppliers.
Electron Energy
Electron Energy Corporation (EEC) is an expert developer and leading American producer of rare earth magnets that are catering to the supply needs of leading industrial names across the globe. This company boasts of a combined 84,800 square-feet of manufacturing and office space that is optimally utilized to cater to the process involved in larger and more complex magnet assemblies.
Talk to Us and our procurement experts will personally guide you in choosing the best magnet suppliers who would suit your specific business requirements.
Hitachi Metals
Headquartered in Tokyo, Hitachi Metals one of the top magnet suppliers who specializes in manufacturing and marketing of specialty steel products, magnetic materials and applications, functional components and equipment, wires, cables, and related products.
Download a free report sample to know more about the key magnet suppliers.
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