Magnet Market Research Report - Global Forecast to 2024 - Cumulative Impact for COVID-19 Recovery

·3 min read

The Magnet market will register an incremental spend of about USD 26.72 billion, growing at a CAGR of 6.56% from 2020-2024. A targeted strategic approach to Magnet market sourcing can unlock several opportunities for buyers. This report offers market impact and new opportunities created due to the COVID-19 pandemic. Get free report sample within minutes

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SpendEdge has announced the release of its Global Magnet Market Procurement Intelligence Report (Graphic: Business Wire)

Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of Magnet market

Magnet Market Analysis

Analysis of the cost and volume drivers and supply market forecasts in various regions are offered in this Magnet research report. This market intelligence report also analyzes the top supply markets and the critical cost drivers that can aid buyers and suppliers devise a cost-effective category management strategy.

The report provides insights on the following information:

  • Regional spend dynamism and factors impacting costs

  • The total cost of ownership and cost-saving opportunities

  • Supply chain margins and pricing models

  • Competitiveness index for suppliers

  • Market favorability index for suppliers

  • Supplier and buyer KPIs

For more information on the exact spend growth rate and yearly category spend, download a free sample.

Spend Growth and Demand Segmentation

  • The Magnet market will register an incremental spend of USD 26.72 billion, growing at a CAGR of 6.56% from 2020-2024

  • On the supply side, North America, South America, Europe, Middle East and Africa, and APAC will have the maximum influence owing to the supplier base.

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Some of the top Magnet suppliers enlisted in this report

This Magnet procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • Advanced Technology & Materials Co. Ltd.

  • Jingci Material Science Co. Ltd.

  • Beijing Zhong Ke San Huan Hi-Tech Co. Ltd.

  • BGRIMM Technology Group

  • Electron Energy Corp.

  • Hitachi Metals Ltd.

  • Daido Steel Co. Ltd.

  • Neo Performance Materials Inc.

  • Shin-Etsu Chemical Co. Ltd.

  • TDK Corp.

  • China Rare Earth Magnet Ltd.

This procurement report answers help buyers identify and shortlist the most suitable suppliers for their Magnet requirements following questions:

  • Am I engaging with the right suppliers?

  • Which KPIs should I use to evaluate my incumbent suppliers?

  • Which supplier selection criteria are relevant for?

  • What are the workplace computing devices category essentials in terms of SLAs and RFx?

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Table of Content

  • Executive Summary

  • Market Insights

  • Category Pricing Insights

  • Cost-saving Opportunities

  • Best Practices

  • Category Ecosystem

  • Category Management Strategy

  • Category Management Enablers

  • Suppliers Selection

  • Suppliers under Coverage

  • US Market Insights

  • Category scope


About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

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