Ferrite curved magnets (tiles) is one of the shape types of ceramic ferrite magnets, the market size has grown in recent years and will be briefed with some reports below.
Picture of the appearance of a curved ferrite magnet showing black color, like a roof tile.
Arc Ferrite Market Size;
The global arc ferrite magnets market is growing strongly. The market is valued at approximately USD 800 million by 2024 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% over the next five years.
Key Drivers for Arc Ferrite Magnets Market Growth;
Increasing demand for electric and hybrid vehicles.
Continuous growth of consumer electronics such as smartphones and smart home devices.
Rising demand for renewable energy devices such as wind turbines.
Advancement in industrial automation and robotics.
Ferrite Arc Magnets Key Market Regions;
North America
Market characteristics: demand for ferrite tiles in the North American market is mainly from consumer electronics, automotive, and industrial applications.
Growth drivers: the rise of electric vehicles, the popularity of smart home devices, and the development of automation technology.
Europe
Market Characteristics: Demand for ferrite tiles in Europe is driven by applications in renewable energy and electric vehicles.
Growth Driver: Government policies to promote green energy for the popularity of electric vehicles and wind power generation.
Asia Pacific
Market Characteristics: Asia Pacific is the largest market for ferrite tiles, especially in China and India.
Growth Drivers: Rapidly growing manufacturing industry, increasing demand for electronic products, and the popularity of electric vehicles. China is the world's largest consumer market, covering a wide range of applications from home appliances to industrial equipment.
Major arc ferrite supplier in China market;
Hengdian Group Dongmagnet Co.
Anhui Longmagnet Technology Co.
Hunan Aerospace Magneto Co.
Zhejiang Kaiven Magnetics Co., Ltd
Zhejiang Zhongke Magnetic Industry Co.
Hangzhou Yongmagnet Group Co.
Zhejiang Ante Magnetic Materials Co., Ltd
Guangdong Jiangfen Magnetic Materials Co., Ltd
......
There are also many well-known ferrite magnet suppliers in the market, such as Dongguan Courage Magnetic Technology Co., Ltd, Anhui Wanmagnet Electronic Co., Ltd, and so on, too many to mention, which not only provide standard products, but are also able to customize production according to the specific needs of customers.
View sample: Sintered Ferrite Arc Curved Magnets
Content that may be of interest to you;
Ferrite Magnetic Property Rating Data Sheet