Permanent Magnet Global Market Report 2025

Global Permanent Magnet Market Report 2024

Permanent Magnet Global Market Report 2025 – By Type (Ferrite Magnets, Samarium Cobalt Magnets, Alnico Magnets, Neodymium Iron Boron Magnets), By Sales Channel Type (Direct Sales, Distributors), By End-Use (General Industrial, Automotive, Medical Technology, Environment & Energy, Aerospace & Defense, Consumer Electronics) – Market Size, Trends, And Global Forecast 2025-2034

Name: Permanent Magnet Global Market Report 2025
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Permanent Magnet Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Permanent Magnet Global Market Report 2024

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Permanent Magnet Market Definition

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 Segmentation

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

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

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 $42.52 billion in 2025 at a compound annual growth rate (CAGR) of 12.5%. 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.

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 $67.16 billion in 2029 at a compound annual growth rate (CAGR) of 12.1%. 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.

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Permanent Magnet Market Driver: 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 market.

Permanent Magnet Market Driver: 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.

Global Permanent Magnet Market Major Players

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.

Global Permanent Magnet Market Trend: 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.

Global Permanent Magnet Market Trend: 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.

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 the permanent magnet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the permanent magnet 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 permanent magnet market statistics, including permanent magnet industry global market size, regional shares, competitors with a permanent magnet market share, detailed permanent magnet market segments, market trends and opportunities, and any further data you may need to thrive in the permanent magnet industry. This permanent magnet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Permanent Magnet Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$42.52 billion
Revenue Forecast In 2034	$67.16 billion
Growth Rate	CAGR of 12.1% 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 Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

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 And Covid And Recovery On The Market

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

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

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Frequently Asked Questions

What is the definition of the permanent magnet market?

How will the permanent magnet market drivers and restraints affect the permanent magnet market dynamics? What forces will shape the permanent magnet industry going forward?

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

What is the forecast market size or the forecast market value of the permanent magnet market?

The permanent magnet market size has grown rapidly in recent years. It will grow from $37.8 billion in 2024 to $42.52 billion in 2025 at a compound annual growth rate (CAGR) of 12.5%. 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 $67.16 billion in 2029 at a compound annual growth rate (CAGR) of 12.1%. 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 the permanent magnet market, request a sample here

How is the permanent magnet market segmented?

The permanent magnet market 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 MagnetsFor further insights on the permanent magnet market, request a sample here

Which region has the largest share of the permanent magnet market? What are the other regions covered in the report?

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 the permanent magnet market, request a sample here.

Who are the major players in the 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 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 the permanent magnet market, request a sample here.

What are the key trends in the permanent magnet market?

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

What are the major opportunities in the permanent magnet market? What are the strategies for the permanent magnet market?

For detailed insights on the major opportunities and strategies in the permanent magnet market, request a sample here.

How does the permanent magnet market relate to the overall economy and other similar markets?

For detailed insights on permanent magnet market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the permanent magnet industry?

For detailed insights on the mergers and acquisitions in the permanent magnet industry, request a sample here.

What are the key dynamics influencing the permanent magnet market growth? SWOT analysis of the permanent magnet market.

For detailed insights on the key dynamics influencing the permanent magnet market growth and SWOT analysis of the permanent magnet industry, request a sample here.