Popular Applications of Neodymium Magnet in 2014
Neodymium Iron Boron Permanent Magnet Manufacturer China Rare Earth Magnet Limited
In 2014, production and sales of over half of neodymium magnets manufactures remained stable or had a slight decline. A few small and medium manufactures had been closed. But there are still some enterprises bucking the trend and having excellent performance. Also, popular applications are coming one after another.
We find that those manufactures specializes in manufacturing high-performance NdFeB permanent magnet products and businesses begin production in these two years perform greatly.
Hotspot Applications
1. Wind Power
In 2014, wind power industry continues stable growth. Countries around the world attach importance to development of wind power and orders of wind power magnetic steels remain full. It is pointed out in Strategic Action Plan of Energy Development from 2014-2020 that distributed wind power should be further developed and offshore wind power stably developed. Manufacturers believe that in next two or three years, wind power industry will keep a 15%-20% growth, but it may encounter bottleneck of fund during developing process.
2. Rail Transportation
In 2014 demand of neodymium iron boron magnets of new energy car surged. In November, a new generation of high-speed train permanent magnetic traction system developed by China manufacturer has successful passed ground test by National Railway Test Center. The first high-speed rail with permanent magnet traction system has gone off production line in Qingdao and will enter inspection period, which will realize commercial operation after 3 years. According to relevant data from China manufactures, with PM traction system, production cost of trains reduces by 20%, power of single motor increases by 65% and neodymium magnetic system can save about 9.61%. In the near future, high-speed trains with NdFeB magnetic traction system will be used in main tracks, which is a new sale source of neodymium iron boron.
3. Refrigeration
Compressors of air conditioners have good increases and magnetic refrigeration will enter a marketed period. Haier will market fridges with magnetic refrigeration system in 2015, which is also an important area of raising demand of neodymium.
4. Application of Small Objects
In 2014, among small neodymium permanent magnet products, intelligent mobile phones, tablet computers, sensors, VCM demand a favorable number of neodymium, which will keep constant and stable in the future.
In 2014, production and sales of over half of neodymium magnets manufactures remained stable or had a slight decline. A few small and medium manufactures had been closed. But there are still some enterprises bucking the trend and having excellent performance. Also, popular applications are coming one after another.
We find that those manufactures specializes in manufacturing high-performance NdFeB permanent magnet products and businesses begin production in these two years perform greatly.
Hotspot Applications
1. Wind Power
In 2014, wind power industry continues stable growth. Countries around the world attach importance to development of wind power and orders of wind power magnetic steels remain full. It is pointed out in Strategic Action Plan of Energy Development from 2014-2020 that distributed wind power should be further developed and offshore wind power stably developed. Manufacturers believe that in next two or three years, wind power industry will keep a 15%-20% growth, but it may encounter bottleneck of fund during developing process.
2. Rail Transportation
In 2014 demand of neodymium iron boron magnets of new energy car surged. In November, a new generation of high-speed train permanent magnetic traction system developed by China manufacturer has successful passed ground test by National Railway Test Center. The first high-speed rail with permanent magnet traction system has gone off production line in Qingdao and will enter inspection period, which will realize commercial operation after 3 years. According to relevant data from China manufactures, with PM traction system, production cost of trains reduces by 20%, power of single motor increases by 65% and neodymium magnetic system can save about 9.61%. In the near future, high-speed trains with NdFeB magnetic traction system will be used in main tracks, which is a new sale source of neodymium iron boron.
3. Refrigeration
Compressors of air conditioners have good increases and magnetic refrigeration will enter a marketed period. Haier will market fridges with magnetic refrigeration system in 2015, which is also an important area of raising demand of neodymium.
4. Application of Small Objects
In 2014, among small neodymium permanent magnet products, intelligent mobile phones, tablet computers, sensors, VCM demand a favorable number of neodymium, which will keep constant and stable in the future.