Nano-magnetic devices market in expected to witness a stellar growth. The opportunities in the market are expected to touch a valuation of US$12.41 bn by the end of 2024. The market was recorded at a value of US$7.2 bn at the end of 2016. This means nano-magnetic devices market is projected to grow at an impressive CAGR of 6.98% during the forecast period.
Based on region, North America is expected to hold highest
share in the nano-magnetic
device market during the forecast period. This is mainly because
of the early adoption of the advanced technology and high spending power of
consumer in the region. Asia Pacific is expected to surpass North America in
terms of regional revenue by the end of forecast period. This is mainly due to
the increasing penetration of electric devices in China, Japan, India and South
Korea. On the basis of end user industries, the electronics and IT is
extrapolated to accounts for the maximum revenue share in the nano-magnetic
devices
Major Key Players of
the Non-Magnetic Devices Market are:
Intel Corporation, Samsung Electronics, LG Electronics Inc, Fujitsu Limited
and Microsoft.
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High Investment for Integration and Testing of
Nano-magnetic Devices to Hamper Prospects
· - Along with this, increasing acceptance of the
nano- magnetic devices in fuel cell and hydrogen powered fuel cell making them
more efficient, pocket friendly and commercially viable.
· - Despite several drivers, the nano-magnetic
devices need through testing the manufacturers in order to integrate them with
other devices. The low budget assigned by the manufacturers for new innovation
and exploration is a major hurdle in the mass adoption of nano-magnetic devices
in several industrial sectors.
· - However, unpreceded rise in urbanization and
industrialization is one of the major driving force for nano-magnetic devices
market. Additionally, increasing use of sensors across various sectors
such as building automation and HVAC system.
· - The information is derived from report titled,
“Nano-magnetic Devices Market (Product Type - Sensors (Biosensors and Bioassays
and GMR Sensors), Separation, Data Storage (Hard Disks and MRAM), Medical and
Genetics, and Imaging; End User - Electronics and IT, Medical and Healthcare,
Energy, and Environment) - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”
The global
nano-magnetic devices market is segmented as below-
Product Type
- Sensors
- Biosensors
and bioassays
- Giant
magneto resistive (GMR) sensors
- Separation
- Data
Storage
- Hard
disks
- MRAM
- Others
- Medical
and Genetics
- Imaging
- Others
End-User Industry
- Electronics
& IT
- Medical
& Healthcare
- Energy
- Environment
Table of Content
Chapter 1 Preface
Chapter 2 Assumptions
and Research Methodology
Chapter 3 Executive
Summary
Chapter 4 Market
Overview
Chapter 5 Market
Dynamics
Chapter 6 Nano-magnetics
Market Analysis by Product Type
Chapter 7 Nano-magnetics
Market Analysis by End User Industry
Chapter 8 Nano-magnetics
Market Analysis by Region
Chapter 14 Company
Profiles
14.1 IBM
14.2 Intel Corporation
14.3 Samsung Electronics
14.4 LG Electronics Inc.
14.5 Fujitsu Limited
14.6 Microsoft Corporation
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In the end, Non-Magnetic Devices industry report specifics
the major regions, market scenarios with the product price, volume, supply,
revenue, production, and market growth rate, demand, forecast and so on. This
report also presents SWOT analysis, investment feasibility analysis, and investment
return analysis.
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