Magnet Market Growth by Region, Industry share, Size, Trends, Opportunities and Top Market Players
According to the latest report by IMARC Group titled, “ Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the market is expected to grow at a CAGR of around 6% during the forecast period. Request to get the sample pages: https://www.imarcgroup.com/magnet-market/requestsample Magnets are materials that produce a magnetic field to attract metals such as iron, cobalt and nickel. They are heat and corrosion resistant, exhibit high physical strength and available in various sizes and shapes. Owing to their unique properties, magnets are widely utilized in compasses, speedometers, generators, transformers, electric motors and alarms. They are also used in computers for storing data and trains for faster traveling. Besides this, they also find applications in the healthcare and payment card industries around the world. Magnets are widely used in the automobile industry for manufacturing electric steering, throttle and gearbox actuator,...