| Product Code: ETC7806703 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
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 Kenya Magnet Market Overview |
3.1 Kenya Country Macro Economic Indicators |
3.2 Kenya Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Kenya Magnet Market - Industry Life Cycle |
3.4 Kenya Magnet Market - Porter's Five Forces |
3.5 Kenya Magnet Market Revenues & Volume Share, By Magnet Type, 2021 & 2031F |
3.6 Kenya Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Kenya Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased demand for renewable energy solutions in Kenya, leading to a rise in the use of magnets in wind turbines and electric vehicles. |
4.2.2 Growing industrial sector in Kenya, particularly in manufacturing and electronics, driving the need for magnets for various applications. |
4.2.3 Government initiatives promoting the use of clean energy technologies, creating a favorable environment for the magnet market. |
4.3 Market Restraints |
4.3.1 Dependence on imports for raw materials used in magnet production, leading to supply chain disruptions and price fluctuations. |
4.3.2 Lack of advanced manufacturing technologies and facilities in Kenya, which may hinder the growth and competitiveness of the local magnet industry. |
4.3.3 Economic uncertainties and fluctuating exchange rates impacting the cost of production and pricing of magnets in the market. |
5 Kenya Magnet Market Trends |
6 Kenya Magnet Market, By Types |
6.1 Kenya Magnet Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 Kenya Magnet Market Revenues & Volume, By Magnet Type, 2021- 2031F |
6.1.3 Kenya Magnet Market Revenues & Volume, By Ferrite, 2021- 2031F |
6.1.4 Kenya Magnet Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021- 2031F |
6.1.5 Kenya Magnet Market Revenues & Volume, By Aluminium Nickel Cobalt (AlNiCo), 2021- 2031F |
6.1.6 Kenya Magnet Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021- 2031F |
6.2 Kenya Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Kenya Magnet Market Revenues & Volume, By Computer Hard Disk Drives (HDD), CD, DVD, 2021- 2031F |
6.2.3 Kenya Magnet Market Revenues & Volume, By Hybrid Electric Vehicles, 2021- 2031F |
6.2.4 Kenya Magnet Market Revenues & Volume, By Electric Bicycles, 2021- 2031F |
6.2.5 Kenya Magnet Market Revenues & Volume, By Heating, Ventilating and Air Conditioners (HVAC), 2021- 2031F |
6.2.6 Kenya Magnet Market Revenues & Volume, By Wind Turbines, 2021- 2031F |
7 Kenya Magnet Market Import-Export Trade Statistics |
7.1 Kenya Magnet Market Export to Major Countries |
7.2 Kenya Magnet Market Imports from Major Countries |
8 Kenya Magnet Market Key Performance Indicators |
8.1 Percentage increase in investments in renewable energy projects in Kenya. |
8.2 Number of new industrial projects or expansions in sectors that heavily rely on magnets. |
8.3 Adoption rate of clean energy technologies and electric vehicles in Kenya. |
8.4 Research and development expenditure in the local magnet industry. |
8.5 Percentage of skilled workforce trained in magnet production technologies. |
9 Kenya Magnet Market - Opportunity Assessment |
9.1 Kenya Magnet Market Opportunity Assessment, By Magnet Type, 2021 & 2031F |
9.2 Kenya Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Kenya Magnet Market - Competitive Landscape |
10.1 Kenya Magnet Market Revenue Share, By Companies, 2024 |
10.2 Kenya Magnet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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