Our Offerings
By Industry By Function
About Us
Our Viewpoint
NEW
 Senior Management Experts Panel Global Consultants Press Releases Blog
Infographics Market Insights Case Studies Illustrations In The Press
Contact Us
The Business Research Company Logo
Reports Store
Top 50 Healthcare Titles
NEW
 Top 50 Non-Healthcare Titles
NEW
 Opportunities And Strategies Reports Aerospace And Defense Agriculture Chemicals Construction
Electrical And Electronics Financial Services Food And Beverages Healthcare Services Hospitality Information Technology Machinery Media
Medical Equipment Metal And Mineral Mining Oil And Gas Paper, Plastics, Rubber, Wood And Textile Pharmaceuticals Professional Services Recreation
Retail And Wholesale Services Social Services Transport Transport Services Utilities Veterinary Healthcare Filter Reports by Trends
NEW
Market Intelligence Platform
About GMM Global Forecast
NEW
 Mega Trends Analysis
Consultancies Corporate Planning & Strategy Academic Financial Services Legal Services
Pricing Methodology Sources FAQ Press Coverage
Customized Research
Find Customers Optimise Your Marketing Mix Evaluate Competitors Identify Market Opportunities Develop Products And Services
Distributor And Partner Research Plan Finances Streamline Your Operations Devise Market Entry Strategy Explore Custom Research Packages
NEW
Continuous Research
Desk Research Research Reports Senior Executive Interviews Consumer Research Market Sizing And Forecasts
Company Information Analytics And Data Visualization Research Automation Web Crawling And Spidering AI-Empowered Research Services
Request Proposal
Permanent Magnet Global Market Report 2025
Request Sample Buy Now
Global Permanent Magnet Market Report 2025

Report Price : $4490.00

Pages : 200

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

Purchase This Report
Purchase This Report

Automotive Valves Global Market Report 2025

By Product Type (Engine Valves, Air-Conditioner Valves, Brake Valves, Thermostat Valves, Fuel System Valves, Solenoid Valves, Exhaust Gas Recirculation Valves, Tire Valves, AT Control Valves), By Propulsion and Component (Internal Combustion Engine (ICE), Electric Vehicle), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Buses, Truck), By Application (Engine System, HVAC System, Brake System, Other Applications) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Permanent Magnet Market Overview

• Permanent Magnet market size has reached to $37.8 billion in 2024

• Expected to grow to $64.85 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%

• Growth Driver: Consumer Electronics Driving Growth In The Permanent Magnet Market

• Market Trend: Innovation of Earth-Free Permanent Magnets in the Protein Purification and Isolation Market

• Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Permanent Magnet Market?

A permanent magnet refers to a piece of magnetized material used in various types of electronic products that generates a strong magnetic field on its own and preserves its magnetic characteristics in the absence of a magnetizing force, such as a current or an inducing field.

The main types of permanent magnets are ferrite magnets, samarium cobalt magnets, alnico magnets, and neodymium iron boron magnets. The ferrite magnet is a chemical combination made up of ceramic materials and iron oxide. They are commonly used in transformers, electronic inductors, and electromagnets due to their wide availability and affordability. The various sales channels used in the permanent magnet is direct sales and distributors. Permanent magnets are used by end-users such as general industrial, automotive, medical technology, environment & energy, aerospace &defense, and consumer electronics.

Permanent Magnet Market Size and growth rate 2025 to 2029: Graph

What Is The Permanent Magnet Market Size 2025 And Growth Rate?

The permanent magnet market size has grown rapidly in recent years. It will grow from $37.8 billion in 2024 to $41.8 billion in 2025 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to electronics and it industry growth, rise in demand from consumer electronics, government policies and regulations, industrial automation, focus on clean energy initiatives.

What Is The Permanent Magnet Market Growth Forecast?

The permanent magnet market size is expected to see rapid growth in the next few years. It will grow to $64.85 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to electric vehicle market expansion, increasing demand for smart devices, expansion of industrial robotics, growing demand for permanent magnet generators, increasing focus towards wind energy. Major trends in the forecast period include magnetic levitation technology, development of rare earth-free magnets, miniaturization of electronic devices, customization and design flexibility, magnetic refrigeration.

The forecast of 11.6% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through reduced availability of samarium-cobalt magnets from China and the Philippines, impacting aerospace and defense applications requiring high-temperature stability. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us

What’s The Trade War Impact On Metal and Mineral Industry?

The steep increase in U.S. tariffs and the triggered trade tensions in spring 2025 are profoundly impacting the metal and minerals sector by disrupting supply chains for automakers, appliance manufacturers, and infrastructure projects. Domestic mills have raised prices in response to reduced import competition, but capacity constraints limit their ability to meet demand. Mining firms, meanwhile, grapple with retaliatory tariffs on mineral exports, particularly lithium and rare earths. Industry players are investing in scrap metal recycling, lobbying for exemptions, and forming joint ventures with overseas producers to secure stable supply.

How Is The Permanent Magnet Market Segmented?

1) By Type: Ferrite Magnets, Samarium Cobalt Magnets, Alnico Magnets, Neodymium Iron Boron Magnets

2) By Sales Channel Type: Direct Sales, Distributors

3) By End-Use: General Industrial, Automotive, Medical Technology, Environment And Energy, aerospace and defense, Consumer Electronics

Subsegments:

1) By Ferrite Magnets: Hard Ferrite Magnets, Soft Ferrite Magnets

2) By Samarium Cobalt Magnets: SmCo5 Magnets, Sm2Co17 Magnets

3) By Alnico Magnets: Cast Alnico Magnets, Sintered Alnico Magnets

4) By Neodymium Iron Boron Magnets: N35 Grade Magnets, N42 Grade Magnets, N52 Grade Magnets

What Is Driving The Permanent Magnet Market? Rising Demand For Permanent Magnets In The Automotive Industry Fuels The Market

The increasing demand for automobile applications is expected to propel the growth of the permanent magnet market. Permanent-magnet motors are most commonly used in variable-speed drives, in which the stator is powered by a variable-frequency, variable-voltage, electronically controlled source. For instance, in February 2022, according to Brand Finance plc, a UK-based brand valuation company, in 2022, the automobile sector achieved approximately 78 million unit sales, marking a substantial 10% increase. Therefore, the increasing demand for automobile applications is driving the growth of the permanent magnet industry.

What Is Driving The Permanent Magnet Market? Consumer Electronics Driving Growth In The Permanent Magnet Market

The increasing demand for consumer electronics is expected to propel the growth of the permanent magnet market going forward. Consumer electronics refers to electronic devices and gadgets intended for everyday use by individuals, households, and businesses which are designed for personal entertainment, communication, and productivity purposes. The use of permanent magnets in consumer electronics contributes to the efficiency, reliability, and overall performance of these devices while also offering benefits in terms of size, durability, and sustainability. For instance, in January 2023, according to the annual financial report 2022 published by LG, a South Korea-based consumer electronics company, in 2022, LG earned its highest annual revenue ever, an increase of 12.9% from 2021. The revenue for the LG Home Appliance & Air Solution Company in 2022 was $22.5 billion, an increase of 10.3% from 2021. Therefore, the increasing demand for consumer electronics is driving the growth of permanent magnet.

Who Are The Major Players In The Global Permanent Magnet Market?

Major companies operating in the permanent magnet market include Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri, Robert Bosch GmbH, Meidensha Corp., Continental AG, Alstom SA, Broad-Ocean Motor Co. Ltd., Xizi Forvorda ELECTRICAL MACHINERY CO. LTD., DRS Technologies Pvt. Ltd., Emerson Electric Co., Johnson Electric Holdings Limited, Leonardo DRS, Nidec Motor Corporation, Hangzhou Permanent Magnet Group, Arnold Magnetic Technologies Corp., Tokyo Denki Kagaku Kogyo, Shin-Etsu Chemical Co. Ltd., Electron Energy Corporation, Adams Magnetic Products Co. Inc., Bunting Magnetics Co., Tengam Engineering Inc., Yantai Shougang Magnetic Materials Inc., Chengdu Galaxy Magnets Co. Ltd., Goudsmit Magnetics Ltd., Eclipse Magnetics Ltd., MagnaWorks Technology Inc., Dura Magnetics Inc., Daido Steel Co. Ltd., Hengdian Group DMEGC Magnetics Co. Ltd., Ningbo Vastsky Magnet Co. Ltd.

What Are The Key Trends Of The Global Permanent Magnet Market? Innovation of Earth-Free Permanent Magnets in the Protein Purification and Isolation Market

Major companies operating in the protein purification and isolation market are innovating advanced products such as earth-free permanent magnets. An earth-free permanent magnet refers to a type of magnet that does not contain rare-earth elements, such as neodymium, samarium, or dysprosium. These rare-earth elements are typically used in powerful magnets due to their superior magnetic properties. For instance, in June 2024, Materials Nexus, a UK-based quantum mechanic company launched MagNex. MagNex a novel permanent magnet that is free from rare earth elements. This innovation cuts costs, mitigates supply chain risks, and offers high performance and environmental benefits, marking a significant advancement for industries like electric vehicles and renewable energy. MagNex also reduces costs, lowers carbon emissions, and enhances supply chain security by eliminating the need for rare earth elements.

What Are The Key Trends Of The Global Permanent Magnet Market? Increasing Use Of Permanent Magnets In Onshore Wind Turbine

Major companies operating in the permanent magnet market are focusing on developing permanent magnets for onshore wind turbine to drive revenues in their market. An onshore wind turbine is a large structure equipped with blades that rotate when exposed to the wind which are placed on land, as opposed to offshore wind turbines. For instance, in September 2022, Enercon GmbH, a Germany-based manufacturer of wind turbines, launched 6MW onshore wind turbine with permanent magnet generator. The E-175 EP5, a new turbine model, features a 175-meter-diameter rotor and a nominal capacity of 6 megawatts. The wind energy conversion system (IEC wind class S) is intended for low- to medium-wind locations. The new model has an e-nacelle with integrated state-of-the-art electrical technologies for optimal integration with electrical energy networks and faster on-site installation. Together with Enercon's longest-ever blade (86 meters), it also makes use of the tried-and-true low-maintenance Enercon direct drive principle.

Need data on a specific region in this market?
Request Customisation

Permanent Magnet Market Merger And Acquisition: High Street Capital Acquires Adams Magnetic Products to Drive Growth and Innovation

In November 2023, High Street Capital, a US-based private equity investment firm acquired Adams Magnetic Products for an undisclosed amount. With this acquisition,, High Street Capital plans to work closely with Adams' management team to drive organic revenue growth, introduce new markets and products, and maintain operational excellence through continuous improvement. Adams Magnetic Products is a US-based manufacturer of permanent magnets and magnetic assemblies.

Regional Outlook For The Global Permanent Magnet Market

Asia-Pacific was the largest region in the permanent magnet market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Permanent Magnet Market?

The permanent magnets market consists of sales of ceramic magnets, injection magnets, aluminum nickel cobalt magnets, and flexible magnets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Permanent Magnet Industry?

The permanent magnet market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the permanent magnet industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Permanent Magnet Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $41.8 billion
Revenue Forecast In 2034 $64.85 billion
Growth Rate CAGR of 11.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Ferrite Magnets, Samarium Cobalt Magnets, Alnico Magnets, Neodymium Iron Boron Magnets
2) By Sales Channel Type: Direct Sales, Distributors
3) By End-Use: General Industrial, Automotive, Medical Technology, Environment And Energy, Aerospace And Defense, Consumer Electronics Subsegments: 1) By Ferrite Magnets: Hard Ferrite Magnets, Soft Ferrite Magnets
2) By Samarium Cobalt Magnets: SmCo5 Magnets, Sm2Co17 Magnets
3) By Alnico Magnets: Cast Alnico Magnets, Sintered Alnico Magnets
4) By Neodymium Iron Boron Magnets: N35 Grade Magnets, N42 Grade Magnets, N52 Grade Magnets
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri, Robert Bosch GmbH, Meidensha Corp., Continental AG, Alstom SA, Broad-Ocean Motor Co. Ltd., Xizi Forvorda ELECTRICAL MACHINERY CO. LTD., DRS Technologies Pvt. Ltd., Emerson Electric Co., Johnson Electric Holdings Limited, Leonardo DRS, Nidec Motor Corporation, Hangzhou Permanent Magnet Group, Arnold Magnetic Technologies Corp., Tokyo Denki Kagaku Kogyo, Shin-Etsu Chemical Co. Ltd., Electron Energy Corporation, Adams Magnetic Products Co. Inc., Bunting Magnetics Co., Tengam Engineering Inc., Yantai Shougang Magnetic Materials Inc., Chengdu Galaxy Magnets Co. Ltd., Goudsmit Magnetics Ltd., Eclipse Magnetics Ltd., MagnaWorks Technology Inc., Dura Magnetics Inc., Daido Steel Co. Ltd., Hengdian Group DMEGC Magnetics Co. Ltd., Ningbo Vastsky Magnet Co. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Permanent Magnet Market Characteristics

3. Permanent Magnet Market Trends And Strategies

4. Permanent Magnet Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Permanent Magnet Growth Analysis And Strategic Analysis Framework

5.1. Global Permanent Magnet PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Permanent Magnet Market Growth Rate Analysis

5.4. Global Permanent Magnet Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Permanent Magnet Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Permanent Magnet Total Addressable Market (TAM)

6. Permanent Magnet Market Segmentation

6.1. Global Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Ferrite Magnets

Samarium Cobalt Magnets

Alnico Magnets

Neodymium Iron Boron Magnets

6.2. Global Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Direct Sales

Distributors

6.3. Global Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

General Industrial

Automotive

Medical Technology

Environment & Energy

Aerospace & Defense

Consumer Electronics

6.4. Global Permanent Magnet Market, Sub-Segmentation Of Ferrite Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hard Ferrite Magnets

Soft Ferrite Magnets

6.5. Global Permanent Magnet Market, Sub-Segmentation Of Samarium Cobalt Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

SmCo5 Magnets

Sm2Co17 Magnets

6.6. Global Permanent Magnet Market, Sub-Segmentation Of Alnico Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Cast Alnico Magnets

Sintered Alnico Magnets

6.7. Global Permanent Magnet Market, Sub-Segmentation Of Neodymium Iron Boron Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

N35 Grade Magnets

N42 Grade Magnets

N52 Grade Magnets

7. Permanent Magnet Market Regional And Country Analysis

7.1. Global Permanent Magnet Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Permanent Magnet Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Permanent Magnet Market

8.1. Asia-Pacific Permanent Magnet Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Permanent Magnet Market

9.1. China Permanent Magnet Market Overview

9.2. China Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Permanent Magnet Market

10.1. India Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Permanent Magnet Market

11.1. Japan Permanent Magnet Market Overview

11.2. Japan Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Permanent Magnet Market

12.1. Australia Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Permanent Magnet Market

13.1. Indonesia Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Permanent Magnet Market

14.1. South Korea Permanent Magnet Market Overview

14.2. South Korea Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Permanent Magnet Market

15.1. Western Europe Permanent Magnet Market Overview

15.2. Western Europe Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Permanent Magnet Market

16.1. UK Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Permanent Magnet Market

17.1. Germany Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Permanent Magnet Market

18.1. France Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Permanent Magnet Market

19.1. Italy Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Permanent Magnet Market

20.1. Spain Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Permanent Magnet Market

21.1. Eastern Europe Permanent Magnet Market Overview

21.2. Eastern Europe Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Permanent Magnet Market

22.1. Russia Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Permanent Magnet Market

23.1. North America Permanent Magnet Market Overview

23.2. North America Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Permanent Magnet Market

24.1. USA Permanent Magnet Market Overview

24.2. USA Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Permanent Magnet Market

25.1. Canada Permanent Magnet Market Overview

25.2. Canada Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Permanent Magnet Market

26.1. South America Permanent Magnet Market Overview

26.2. South America Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Permanent Magnet Market

27.1. Brazil Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Permanent Magnet Market

28.1. Middle East Permanent Magnet Market Overview

28.2. Middle East Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Permanent Magnet Market

29.1. Africa Permanent Magnet Market Overview

29.2. Africa Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Permanent Magnet Market Competitive Landscape And Company Profiles

30.1. Permanent Magnet Market Competitive Landscape

30.2. Permanent Magnet Market Company Profiles

30.2.1. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Toshiba Corp. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Asea Brown Boveri Overview, Products and Services, Strategy and Financial Analysis

31. Permanent Magnet Market Other Major And Innovative Companies

31.1. Robert Bosch GmbH

31.2. Meidensha Corp.

31.3. Continental AG

31.4. Alstom SA

31.5. Broad-Ocean Motor Co. Ltd.

31.6. Xizi Forvorda ELECTRICAL MACHINERY CO. LTD.

31.7. DRS Technologies Pvt. Ltd.

31.8. Emerson Electric Co.

31.9. Johnson Electric Holdings Limited

31.10. Leonardo DRS

31.11. Nidec Motor Corporation

31.12. Hangzhou Permanent Magnet Group

31.13. Arnold Magnetic Technologies Corp.

31.14. Tokyo Denki Kagaku Kogyo

31.15. Shin-Etsu Chemical Co. Ltd.

32. Global Permanent Magnet Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Permanent Magnet Market

34. Recent Developments In The Permanent Magnet Market

35. Permanent Magnet Market High Potential Countries, Segments and Strategies

35.1 Permanent Magnet Market In 2029 - Countries Offering Most New Opportunities

35.2 Permanent Magnet Market In 2029 - Segments Offering Most New Opportunities

35.3 Permanent Magnet Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

Need tailored insights? Customise this report to fit your business goals.

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Permanent Magnet Market, Sub-Segmentation Of Ferrite Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Permanent Magnet Market, Sub-Segmentation Of Samarium Cobalt Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Permanent Magnet Market, Sub-Segmentation Of Alnico Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Permanent Magnet Market, Sub-Segmentation Of Neodymium Iron Boron Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Permanent Magnet Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Permanent Magnet Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Siemens AG Financial Performance
  • Table 79: Mitsubishi Electric Corporation Financial Performance
  • Table 80: Toshiba Corp. Financial Performance
  • Table 81: Hitachi Ltd. Financial Performance
  • Table 82: Asea Brown Boveri Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Permanent Magnet Market, Sub-Segmentation Of Ferrite Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Permanent Magnet Market, Sub-Segmentation Of Samarium Cobalt Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Permanent Magnet Market, Sub-Segmentation Of Alnico Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Permanent Magnet Market, Sub-Segmentation Of Neodymium Iron Boron Magnets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Permanent Magnet Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Permanent Magnet Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Siemens AG Financial Performance
  • Figure 79: Mitsubishi Electric Corporation Financial Performance
  • Figure 80: Toshiba Corp. Financial Performance
  • Figure 81: Hitachi Ltd. Financial Performance
  • Figure 82: Asea Brown Boveri Financial Performance

Explore TBRC’s analysis on mergers, market dynamics, and future prospects for the ISO Tank Container Market.

Read More About Explore TBRC’s analysis on mergers, market dynamics, and future prospects for the ISO Tank Container Market.

Steel Products Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade

Read More About Steel Products Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade

How the Silicon metal size Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025

Read More About How the Silicon metal size Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025

Key Developments and Trends Steering the Tempered Glass Market Forward: Innovative Glass Manufacturing Advancements In Tempered Glass Production

Read More About Key Developments and Trends Steering the Tempered Glass Market Forward: Innovative Glass Manufacturing Advancements In Tempered Glass Production

Weathering SteelMarket Overview 2025–2034: CAGR Trends, Long-Term Growth Paths, and Business Implications

Read More About Weathering SteelMarket Overview 2025–2034: CAGR Trends, Long-Term Growth Paths, and Business Implications

Heavy And Civil Engineering Construction Market – By Type (Utility System Construction, Highway, Street And Bridge Construction, Other Heavy And Civil Engineering Construction), By Organization Size (Large Contractors, M...

View Report

Copper, Nickel, Lead, And Zinc Global Market Report 2025 – By Type (Copper, ZInc., Lead, Nickel), By Organization Size (Large Enterprises, Small And Medium Enterprises), By End-User Industry (Construction, Transport, Man...

View Report

Meal Kit Global Market Report 2025 – By Type (Fresh Food, Processed Food), By Category (Vegetarian, Non-Vegetarian), By Distribution Channel (Hypermarket/Supermarket, Convenience Store, Specialty Food Stores, Small Groce...

View Report

Embedded Analytics Global Market Report 2025 – By Solution (Software, Services), By Deployment Mode (On-Premise, Cloud-Based), By Organization Size (Small And Medium Enterprises, Large Enterprises), By Application (Finan...

View Report

Magnetic Resonance Imaging Systems Devices And Equipment Global Market Report 2025 – By Type (Close MRI, Open MRI), By Application (Oncology, Neurology, Cardiology, Inflamatory and Infectious Diseases, Other Applications...

View Report

General Minerals Global Market Report 2025 – By Type (Potash, Salt, Magnesite, Sulphur, Kaolin, Asbestos, Feldspar, Boron, Gypsum, Talc, Graphite, Baryte, Bentonite, Diatomite, Lithium, Selenium, Perlite, Vermiculite, Ar...

View Report

Frequently Asked Questions

A permanent magnet refers to a piece of magnetized material used in various types of electronic products that generates a strong magnetic field on its own and preserves its magnetic characteristics in the absence of a magnetizing force, such as a current or an inducing field. For further insights on this market, request a sample here

The market major growth driver - Rising Demand For Permanent Magnets In The Automotive Industry Fuels The Market. For further insights on this market, request a sample here

The permanent magnet market size has grown rapidly in recent years. It will grow from $37.8 billion in 2024 to $41.8 billion in 2025 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to electronics and it industry growth, rise in demand from consumer electronics, government policies and regulations, industrial automation, focus on clean energy initiatives. The permanent magnet market size is expected to see rapid growth in the next few years. It will grow to $64.85 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to electric vehicle market expansion, increasing demand for smart devices, expansion of industrial robotics, growing demand for permanent magnet generators, increasing focus towards wind energy. Major trends in the forecast period include magnetic levitation technology, development of rare earth-free magnets, miniaturization of electronic devices, customization and design flexibility, magnetic refrigeration. For further insights on this market, request a sample here

The permanent magnet market covered in this report is segmented –
1) By Type: Ferrite Magnets, Samarium Cobalt Magnets, Alnico Magnets, Neodymium Iron Boron Magnets
2) By Sales Channel Type: Direct Sales, Distributors
3) By End-Use: General Industrial, Automotive, Medical Technology, Environment And Energy, Aerospace And Defense, Consumer Electronics Subsegments:
1) By Ferrite Magnets: Hard Ferrite Magnets, Soft Ferrite Magnets
2) By Samarium Cobalt Magnets: SmCo5 Magnets, Sm2Co17 Magnets
3) By Alnico Magnets: Cast Alnico Magnets, Sintered Alnico Magnets
4) By Neodymium Iron Boron Magnets: N35 Grade Magnets, N42 Grade Magnets, N52 Grade Magnets For further insights on this market, request a sample here

Asia-Pacific was the largest region in the permanent magnet market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the permanent magnet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on this market, request a sample here.

Major companies operating in the permanent magnet market include Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri, Robert Bosch GmbH, Meidensha Corp., Continental AG, Alstom SA, Broad-Ocean Motor Co. Ltd., Xizi Forvorda ELECTRICAL MACHINERY CO. LTD., DRS Technologies Pvt. Ltd., Emerson Electric Co., Johnson Electric Holdings Limited, Leonardo DRS, Nidec Motor Corporation, Hangzhou Permanent Magnet Group, Arnold Magnetic Technologies Corp., Tokyo Denki Kagaku Kōgyō, Shin-Etsu Chemical Co. Ltd., Electron Energy Corporation, Adams Magnetic Products Co. Inc., Bunting Magnetics Co., Tengam Engineering Inc., Yantai Shougang Magnetic Materials Inc., Chengdu Galaxy Magnets Co. Ltd., Goudsmit Magnetics Ltd., Eclipse Magnetics Ltd., MagnaWorks Technology Inc., Dura Magnetics Inc., Daido Steel Co. Ltd., Hengdian Group DMEGC Magnetics Co. Ltd., Ningbo Vastsky Magnet Co. Ltd. . For further insights on this market, request a sample here.

Major trends in this market include Innovation of Earth-Free Permanent Magnets in the Protein Purification and Isolation Market. For further insights on this market, request a sample here.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us
Global Permanent Magnet Market Report 2025

Wait, we have a special offer for you! ✋

Get your exclusive 20% discount only on the Global Market Reports now using the code ONLINE20*

YES, get the discount! No, I'd pay the full price

*Copy paste the discount code in the cart

Back to top
\
Back to top