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I AgreeGlobal Nano-magnetic Devices Market: Snapshot
The global nano-magnetic device market is driven by the increasing demand of nanotechnology. There is a growing need for nanotechnology in advanced manufacturing owing to requirement of size reduction and compact performance of electronics. This technology has been majorly demanded by developed countries like France, the U.S., Australia and France amongst others. Apart from the rising demand of nanotechnology, the growing demand of energy efficient and effective devices is driving this market. Due to high volatility in climate and energy politics, energy efficiency devices are being demanded globally. Latest innovations in electronic devices are less time consuming and energy efficient alternatives. However, the global nano-magnetic device market is being restrained by the high cost of research and development for these devices. The manufacturing of nano-magnetic device involves expensive materials and procedures. It also requires time and skilled engineers that further increases the cost of research. The success rate of stability from these devices have been poor which eliminates fast adoptability in commercial applications. Industrial expenditure on R&D for these devices is also low but the increasing requirement of these innovations is expected to attract investments form major players.
The global nano-magnetic devices market was valued to reach US$7.2 bn at the end of 2016. The market’s revenue is expected to reach US$12.41 bn by the end of 2024, after expanding at a CAGR of 6.98% during forecast period between 2016 and 2024.
North America Tops Revenue Generation Rate in Global Nano-magnetic Device Market
In 2015, a substantial share of the global nano-magnetics device computing market was held by North America, owing to the high concentration of prominent manufacturers and users of nano-magnetics device in this region. Increasing infrastructural development and growing rate of urbanization have also been driving the overall North America nano-magnetic device market. Moreover, the nano-magnetics device industry in North America has witnessed stable growth in the recent years and is expected to witness steady growth during the forecast period in this region from 2016 to 2024. The leading share of production for nano-magnetics devices in North America is currently being held by the U.S. due to the growing demand and applications of nanotechnology, and the increased adoption of nonmagnetic materials and devices across industry verticals.
This market for nano-magnetic devices in Asia Pacific is currently considered lucrative and growing at a fast rate. Countries in APAC such as Japan, China, and India, owing to growth in segments of data storage, sensors and medical & genetics as showing a high rate of use of nano-magnetic device. This demand is also expected to increase due to its growth in multiple applications across several verticals. India and Japan are faster-growing countries in the region. Technological advancement in Japan is leading to increasing demand for these devices, also several new application of these devices have been identified by automotive manufacturers in this region.
Increasing HVAC Spurs Use of Nano-magnetic Devices
The report segregates the global nano-magnetic devices market on the basis of types, into sensors, separation, data storage, medical and genetics, imaging, and others. Extensive usage of nano-magnetic sensors in a wide variety of fields such as healthcare, consumer electronics, environmental segment are driving the sensors market. Increasing demand of HVAC systems and building automation across all geographical areas has led to the growing demand of nano-magnetic devices in various verticals of manufacturing. The demand for centralized security access across the globe due to the rising apprehensions over security is dominant across the globe, the nano-magnetic sensors are very useful for security measure and various other forms of nano-magnetic devices are also adopted for security purposes.
Key market participants in the global nano-magnetic device market to date have included Intel Corporation (the U.S.), Samsung Electronics (South Korea), and LG Electronics Inc. (South Korea).
Growing Demand across Electronic Appliances to Propel the Growth Rate of the Nano-Magnetic Devices Market between 2016 and 2024
The nano-magnetic devices market is prognosticated to observe promising growth across the assessment period of 2016-2024 on the escalating demand for nanotechnology around the world. The growing adoption of modern electronic appliances among a considerable chunk of the global populace will propel the growth of the nano-magnetic devices market during the forecast period.
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Chapter 1 Preface
Chapter 2 Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology
Chapter 3 Executive Summary
3.1 Overview
3.2 Executive Summary
3.3 Global Nano-magnetics Market, Regional Analysis
Chapter 4 Market Overview
4.1 Product Overview
4.2 Market Trend Analysis
Chapter 5 Market Dynamics
5.1 Drivers and Restraints Snapshot Analysis
5.2 Drivers
5.3 Restraints
5.4 Opportunity Analysis
5.5 Opportunities
5.6 Global Nano-magnetics Market : Snapshot Analysis
Chapter 6 Nano-magnetics Market Analysis By Product Type
6.1 Introduction
6.2 Global Nanomagnetics Market Value Share Analysis, By Product Type
6.3 Nanomagnetics Market Forecast By Product Type
6.4 Key Trends
6.5 Nanomagnetics Market Forecast By Sensor
6.6 Key Trends : Nano-magnetic Sensors
6.7 Nanomagnetics Market Forecast By Data Storage
6.8 Key Trends : Nano-magnetic Data Storage Device
Chapter 7 Nanomagnetics Market Analysis By End User Industry
7.1 Introduction
7.2 Global Nanomagnetics Market Value Share Analysis, By End-User Industry
7.3 Nanomagnetics Market Forecast By End-User Industry
7.4 Key Trends
Chapter 8 Nanomagnetics Market Analysis By Region
8.1 Global Nanomagnetics Market Value Share Analysis, By Region
8.2 Nanomagnetics Market Forecast, By Region
Chapter 9 North America Nanomagnetics Market Analysis
9.1 North America Market Value Share Analysis, By Product Type
9.2 North America Market Forecast By Product Type
9.3 North America Market Value Share Analysis, By End User Industry
9.4 North America Market Forecast By End User Industry
9.5 North America Market Value Share Analysis, By Country
9.6 North America Market Forecast By Country
Chapter 10 Europe Nanomagnetics Market Analysis
10.1 Europe Market Value Share Analysis, By Product Type
10.2 Europe Market Forecast By Product Type
10.3 Europe Market Value Share Analysis, By End User Industry
10.4 Europe Market Forecast By End User Industry
10.5 Europe Market Value Share Analysis, By Country
10.6 Europe Market Forecast By Country
Chapter 11 Asia Pacific Nanomagnetics Market Analysis
11.1 Asia Pacific Market Value Share Analysis, By Product Type
11.2 Asia Pacific Market Forecast By Product Type
11.3 Asia Pacific Market Value Share Analysis, By End User Industry
11.4 Asia Pacific Market Forecast By End User Industry
11.5 Asia Pacific Market Value Share Analysis, By Country
11.6 Asia Pacific Market Forecast By Country
Chapter 12 Middle East and Africa (MEA) Nanomagnetics Market Analysis
12.1 Middle East and Africa Market Value Share Analysis, By Product Type
12.2 Middle East and Africa Market Forecast By Product Type
12.3 Middle East and Africa Market Value Share Analysis, By End User Industry
12.4 Middle East and Africa Market Forecast By End User Industry
12.5 Middle East and Africa Market Value Share Analysis, By Country
12.6 Middle East and Africa Market Forecast By Country
Chapter 13 South America Nanomagnetics Market Analysis
13.1 South America Market Value Share Analysis, By Product Type
13.2 South America Market Forecast By Product Type
13.3 South America Market Value Share Analysis, By End User Industry
13.4 South America Market Forecast By End User Industry
13.5 South America Market Value Share Analysis, By Country
13.6 South America Market Forecast By Country
Chapter 14 Company Profiles
14.1 IBM
14.1.1 Company Details (HQ, Foundation Year, Employee Strength)
14.1.2 Market Presence, By Segment and Geography
14.1.3 Key Developments
14.1.4 Strategy and Historical Roadmap
14.1.5 Revenue and Operating Profits
14.2 Intel Corporation
14.2.1 Company Details (HQ, Foundation Year, Employee Strength)
14.2.2 Market Presence, By Segment and Geography
14.2.3 Key Developments
14.2.4 Strategy and Historical Roadmap
14.2.5 Revenue and Operating Profits
14.3 Samsung Electronics
14.3.1 Company Details (HQ, Foundation Year, Employee Strength)
14.3.2 Market Presence, By Segment and Geography
14.3.3 Key Developments
14.3.4 Strategy and Historical Roadmap
14.3.5 Revenue and Operating Profits
14.4 LG Electronics Inc.
14.4.1 Company Details (HQ, Foundation Year, Employee Strength)
14.4.2 Market Presence, By Segment and Geography
14.4.3 Key Developments
14.4.4 Strategy and Historical Roadmap
14.4.5 Revenue and Operating Profits
14.5 Fujitsu Limited
14.5.1 Company Details (HQ, Foundation Year, Employee Strength)
14.5.2 Market Presence, By Segment and Geography
14.5.3 Key Developments
14.5.4 Strategy and Historical Roadmap
14.5.5 Revenue and Operating Profits
14.6 Microsoft Corporation
14.6.1 Company Details (HQ, Foundation Year, Employee Strength)
14.6.2 Market Presence, By Segment and Geography
14.6.3 Key Developments
14.6.4 Strategy and Historical Roadmap
14.6.5 Revenue and Operating Profits
List of Tables
Table 1 Global Nanomagnetics Market Size (USD Bn) and Forecast, By Product Type, 2015–2024
Table 2 Global Nanomagnetics Market Size (USD Bn) and Forecast, By Sensor, 2015–2024
Table 3 Global Nanomagnetics Market Size (USD Bn) and Forecast, By Data Storage, 2015–2024
Table 4 Global Nanomagnetics Market Size (USD Bn) and Volume (Units) Forecast, By Application, 2015–2024
Table 5 Global Nanomagnetics Market Size (USD Bn) and Volume (Units) Forecast, By Region, 2015–2024
Table 6 North America Nanomagnetics Market Size (USD Bn) Forecast, By Product Type, 2015–2024
Table 7 North America Nanomagnetics Market Size (USD Bn) Forecast, By End User Industry, 2015–2024
Table 8 North America Nanomagnetics Market Size (USD Bn) Forecast, By Country, 2015–2024
Table 9 Europe Nanomagnetics Market Size (USD Bn) Forecast, By Product Type, 2015–2024
Table 10 Europe Nanomagnetics Market Size (USD Bn) Forecast, By End User Industry, 2015–2024
Table 11 Global Nanomagnetics Market Size (USD Bn), By Country, 2015–2024
Table 12 Asia Pacific Nanomagnetics Market Size (USD Bn), By Product Type, 2015–2024
Table 13 Asia Pacific Nanomagnetics Market Size (USD Bn), By End User Industry, 2015–2024
Table 14 Asia Pacific Nanomagnetics Market Size (USD Bn) Forecast, By Country, 2015–2024
Table 15 MEA Nanomagnetics Market Size (USD Bn) Forecast, By Product Type, 2015–2024
Table 16 MEA Nanomagnetics Market Size (USD Bn) and Volume (Units) Forecast, By End User Industry, 2015–2024k
Table 17 MEA Nanomagnetics Market Size (USD Bn) Forecast, By Country, 2015–2024
Table 18 South America Nanomagnetics Market Size (USD Bn) Forecast, By Product Type, 2015–2024
Table 19 South America Nanomagnetics Market Size (USD Bn) Forecast, By End User Industry, 2015–2024
Table 20 South America Nanomagnetics Market Size (USD Bn) Forecast, By Country, 2015–2024
List of Figures
Figure 1 Global Nano-magnetics Market Revenue, 2016-2024 (USD Billion)
Figure 2 Global Nano-magnetics Market Size (USD Bn) Forecast, 2015–2024
Figure 3 Global Nanomagnetics Market Value Share Analysis By Product Type, 2015 and 2024
Figure 4 Global Nanomagnetics Market Value Share Analysis By End-User Industry, 2015 and 2024
Figure 5 Global Nanomagnetics Market Value Share Analysis By Region, 2015 and 2024
Figure 6 North America Market Value Share Analysis By Product Type, 2015 and 2024
Figure 7 North America Market Value Share Analysis By End User Industry, 2015 and 2024
Figure 8 North America Market Value Share Analysis By Country, 2015 and 2024
Figure 9 Europe Market Value Share Analysis By Product Type, 2015 and 2024
Figure 10 Europe Market Value Share Analysis By End User Industry, 2015 and 2024
Figure 11 Europe Market Value Share Analysis By Country, 2015 and 2024
Figure 12 Asia Pacific Market Value Share Analysis By Product Type, 2015 and 2024
Figure 13 Asia Pacific Market Value Share Analysis By Application, 2015 and 2024
Figure 14 Asia Pacific Market Value Share Analysis By Country, 2015 and 2024
Figure 15 MEA Market Value Share Analysis By Product Type, 2015 and 2024
Figure 16 MEA Market Value Share Analysis By End User Industry, 2015 and 2024
Figure 17 MEA Market Value Share Analysis By Country, 2015 and 2024
Figure 18 South America Market Value Share Analysis By Product Type, 2015 and 2024
Figure 19 South America Market Value Share Analysis By End User Industry, 2015 and 2024
Figure 20 South America Market Value Share Analysis By Country, 2015 and 2024