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Magnetic Materials Market
Magnetic materials generate magnetic fields and are used in the generation and distribution of electricity. They're also found in modern electrical engineering and electronics. Magnetic materials are widely used in industries such as automotive, electronics, industrial, power generation, and others.
Increased investment is expected in the development of high-speed locomotive systems that use electromagnets.
The movement of electric charges causes Magnetic Materials. Every substance is composed of tiny units known as atoms. Each atom contains electrons, which are charged particles. Electrons spin like tops around the nucleus, or core, of an atom.