Tools commonly used in the Magnet (Manufacturing) industry for day-to-day tasks and operations.

• Magnetizing equipment
• Magnetic particle inspection equipment
• Magnetic field measurement equipment
• Magnetic separation equipment
• Magnetic stirrers
• Magnetic chucks
• Magnetic lifters
• Magnetic sweepers
• Magnetic separators
• Magnetic clamps

Common products and services typical of NAICS Code 332999-18, illustrating the main business activities and contributions to the market.

• Magnetic resonance imaging (MRI) machines
• Electric motors
• Loudspeakers
• Magnetic locks
• Magnetic sensors
• Magnetic bearings
• Magnetic couplings
• Magnetic levitation trains
• Magnetic therapy devices
• Magnetic stripe cards

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• ISO 9001: Quality management system certification that ensures the company meets customer and regulatory requirements. Provided by the International Organization for Standardization (ISO).
• AS9100: Quality management system certification specific to the aerospace industry. Provided by the International Aerospace Quality Group (IAQG).
• ITAR Registration: Required for companies that manufacture defense articles or provide defense services. Provided by the US Department of State.
• Rohs Compliance: Restriction of Hazardous Substances Directive compliance ensures that the company's products do not contain certain hazardous materials. Provided by the European Union.
• REACH Compliance: Registration, Evaluation, Authorization, and Restriction of Chemicals compliance ensures that the company's products do not contain certain hazardous materials. Provided by the European Union.

A concise historical narrative of NAICS Code 332999-18 covering global milestones and recent developments within the United States.

• The history of magnet manufacturing dates back to ancient times when people discovered that certain rocks, called lodestones, had the ability to attract iron. The first recorded use of magnets was in China during the Han Dynasty (202 BC - 220 AD) when they were used for divination purposes. In the 18th century, scientists began to study the properties of magnets and discovered that they could be used for a variety of applications, including navigation, electricity generation, and data storage. In the United States, the magnet manufacturing industry began to develop in the early 20th century, with the production of magnets for use in telephones, radios, and other electronic devices. During World War II, the demand for magnets increased dramatically, leading to the development of new manufacturing techniques and the production of more powerful magnets. Today, magnets are used in a wide range of applications, including motors, generators, medical equipment, and consumer electronics.

The anticipated future trajectory of the NAICS 332999-18 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Magnet (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for magnets in various applications such as automotive, electronics, and renewable energy. The growing demand for electric vehicles and wind turbines is expected to drive the demand for magnets. Additionally, the increasing use of magnets in medical devices and equipment is also expected to contribute to the growth of the industry. However, the industry may face challenges such as the availability of raw materials and the increasing competition from low-cost manufacturers in other countries.

Recent groundbreaking advancements and milestones in the Magnet (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

• Magnetic Refrigeration: Magnetic refrigeration is an innovative technology that uses magnetic fields to cool materials. This technology has the potential to be more energy-efficient and environmentally friendly than traditional refrigeration methods.
• 3D Printing Of Magnets: 3D printing technology has been used to manufacture magnets with complex shapes and structures. This technology has the potential to reduce the manufacturing time and cost of magnets.
• High-Temperature Superconducting Magnets: High-temperature superconducting magnets have the potential to be used in various applications such as magnetic resonance imaging (MRI) machines and particle accelerators. These magnets can operate at higher temperatures than traditional superconducting magnets, which can reduce the cooling requirements and increase the efficiency of the devices.
• Rare-Earth-Free Magnets: Rare-earth metals are used in the manufacturing of magnets, but they are expensive and their supply is limited. Researchers have developed rare-earth-free magnets that use alternative materials such as iron, cobalt, and nickel. These magnets have the potential to reduce the dependence on rare-earth metals.
• Magnetic Levitation Trains: Magnetic levitation (maglev) trains use magnets to levitate and propel the train. This technology has the potential to be faster and more energy-efficient than traditional trains. Maglev trains are currently in operation in several countries, including Japan and China.