Development prospects of the magnetic materials industry
Release Date:
2020-02-21
Magnetic materials mainly include permanent magnetic materials, soft magnetic materials, signal magnetic materials, special magnetic materials, etc., covering many high-tech fields. In the fields of rare earth permanent magnet material technology, permanent magnet ferrite technology, amorphous soft magnetic material technology, soft magnetic ferrite technology, microwave ferrite device technology, and special equipment technology for magnetic materials, a large global industrial cluster has already formed. Among them, the annual market sales of permanent magnetic materials alone have exceeded 10 billion US dollars.
What products can magnetic materials be used in?
First, in the communications industry, billions of mobile phones worldwide require a large number of ferrite microwave devices, ferrite soft magnetic devices, and permanent magnet components. Tens of millions of program-controlled switches globally also need a large number of high-tech magnetic cores and other components. In addition, the number of cordless phones installed abroad has already accounted for more than half of the total fixed-line phones. These phones require a large number of soft magnetic ferrite components. Moreover, video phones are also rapidly becoming popular, which also require a large number of magnetic components.
Second, in the IT industry, hard disk drives, CD-ROM drives, DVD-ROM drives, monitors, printers, multimedia audio systems, laptops, and other devices also require the use of a large number of neodymium iron boron, ferrite soft magnetic, and permanent magnetic materials and components.
Third, in the automotive industry, the global annual automobile production is about 55 million vehicles. Calculating 41 ferrite permanent magnet motors used per vehicle, the automotive industry requires about 2.255 billion motors annually. In addition, the global demand for car speakers is also in the hundreds of millions. In summary, the automotive industry consumes a large amount of magnetic materials every year.
Fourth, in industries such as lighting equipment, color TVs, electric bicycles, vacuum cleaners, electric toys, and electric kitchen appliances, the demand for magnetic materials is also very large. For example, in the lighting industry, the production of LED lamps is very high, which consumes a large amount of ferrite soft magnetic materials. In summary, billions of electronic and electrical products worldwide require magnetic materials every year, and in many fields, even core magnetic components with very high technical content are needed.
In summary, magnetic materials cover a large number of electronic and electrical products and are one of the foundational and key industrial sectors in the materials industry. With the rapid rise of China's electronics and electrical industry, China has become one of the world's largest producers and consumers of magnetic materials. In the near future, more than half of the global magnetic materials will be used to supply the Chinese market. Many high-tech magnetic materials and components will also be mainly produced and procured by Chinese enterprises. Magnetic materials will also become one of the pillar industries in China's national economy.
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