About Alnico Magnets
Alnico magnets are primarily composed of aluminum, nickel, and cobalt. In certain cases, they also include titanium and copper. Alnico magnets are ferromagnetic and exhibit high coercivity. They consist of 12% of aluminum, 26% of nickel, 24% of cobalt, 6% of copper, 1% of titanium, and the rest is iron.

Technavio’s analysts forecast the global alnico magnets market to grow at a CAGR of 9.59% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global alnico magnets market in the healthcare sector for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of alnico magnets.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Alnico Magnets Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Arnold Magnetic Technologies
• Adams Magnetic Products
• Stanford Magnets
• Master Magnetics
• Eneflux-Armtek Magnetics
• Hitachi Metals

Market driver
• Growing demand from electronics industry
• For a full, detailed list, view our report

Market challenge
• Volatility in prices of raw materials
• For a full, detailed list, view our report

Market trend
• Growing demand from aerospace industry
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?


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