Product Code: ETC008983 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Magnetic Materials market currently, in 2023, has witnessed an HHI of 7827, Which has increased slightly as compared to the HHI of 6815 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The South Korea magnetic materials market is projected to grow at a CAGR of 6.3% during the forecast period (2020-2026). Growing demand for high functional electronic devices such as consumer electronics, medical equipment, automotive components and industrial machinery will drive the market growth. Moreover, increasing use of magnets in various industries such as marine and aerospace applications will fuel the market growth over the forecast period.
Furthermore, growing number of product innovation that involves use of rare earth magnets in modern electric vehicles will propel the South Korean Magnetic Materials Market during 2020-2026. Moreover, rising investment by government bodies in semiconductor industry for development and advancements in products involving magnetic materials will boost this regional market demand. In addition to that, ongoing trend towards miniaturization of electronic components due to its capability to enhance performance along with decreasing cost involved in production processes have also propelled product usage across multiple sectors including Aerospace & Defense sector which has positively impacted this regional market outlook over last few years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Magnetic Materials Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Magnetic Materials Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Magnetic Materials Market - Industry Life Cycle |
3.4 South Korea Magnetic Materials Market - Porter's Five Forces |
3.5 South Korea Magnetic Materials Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 South Korea Magnetic Materials Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 South Korea Magnetic Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Magnetic Materials Market Trends |
6 South Korea Magnetic Materials Market, By Types |
6.1 South Korea Magnetic Materials Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 South Korea Magnetic Materials Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 South Korea Magnetic Materials Market Revenues & Volume, By Semi-hard Magnet, 2016 - 2026F |
6.1.4 South Korea Magnetic Materials Market Revenues & Volume, By Soft Magnet, 2016 - 2026F |
6.1.5 South Korea Magnetic Materials Market Revenues & Volume, By Hard Magnet, 2016 - 2026F |
6.2 South Korea Magnetic Materials Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 South Korea Magnetic Materials Market Revenues & Volume, By Automotive, 2016 - 2026F |
6.2.3 South Korea Magnetic Materials Market Revenues & Volume, By Electronics, 2016 - 2026F |
6.2.4 South Korea Magnetic Materials Market Revenues & Volume, By Industrial, 2016 - 2026F |
6.2.5 South Korea Magnetic Materials Market Revenues & Volume, By Power Generation, 2016 - 2026F |
6.2.6 South Korea Magnetic Materials Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Magnetic Materials Market Import-Export Trade Statistics |
7.1 South Korea Magnetic Materials Market Export to Major Countries |
7.2 South Korea Magnetic Materials Market Imports from Major Countries |
8 South Korea Magnetic Materials Market Key Performance Indicators |
9 South Korea Magnetic Materials Market - Opportunity Assessment |
9.1 South Korea Magnetic Materials Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 South Korea Magnetic Materials Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 South Korea Magnetic Materials Market - Competitive Landscape |
10.1 South Korea Magnetic Materials Market Revenue Share, By Companies, 2019 |
10.2 South Korea Magnetic Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |