Global Motor Permanent Magnet Supply, Demand and Key Producers, 2023-2029

Global Motor Permanent Magnet Supply, Demand and Key Producers, 2023-2029

The global Motor Permanent Magnet market size is expected to reach $ 26880 million by 2029, rising at a market growth of 7.2% CAGR during the forecast period (2023-2029).

The key players of motor permanent magnet include Zhong Ke San Huan, TDK Corporation, Zhenghai Magnetics, Proterial (Hitachi Metals), JL MAG Rare-Earth, Ningbo Yunsheng, DMEGC, Shin-Etsu Chemical and Earth-Panda Advance Magnetic Material, etc. The top 8 players hold a share over 40 percent.

China is the largest producer of motor permanent magnet, has a share over 80% of global total market, followed by Japan, North America and Europe.

Rare Earth Magnet is the largest segment, holds a share around 76%, and in terms of application, Automotive is the largest application, with a share nearly 30%.

A permanent magnet is a substance that, like a magnet, has a magnetic field without the need for an external current. Generally, permanent magnet materials are used as the magnetic poles of the motor. The main function of the permanent magnet of the motor is to generate a magnetic field. During the rotation process, the winding cuts the magnetic induction line generated by it to generate electricity, and vice versa.

This report studies the global Motor Permanent Magnet production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Motor Permanent Magnet, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Motor Permanent Magnet that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Motor Permanent Magnet total production and demand, 2018-2029, (K Ton)

Global Motor Permanent Magnet total production value, 2018-2029, (USD Million)

Global Motor Permanent Magnet production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Ton)

Global Motor Permanent Magnet consumption by region & country, CAGR, 2018-2029 & (K Ton)

U.S. VS China: Motor Permanent Magnet domestic production, consumption, key domestic manufacturers and share

Global Motor Permanent Magnet production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Ton)

Global Motor Permanent Magnet production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Ton)

Global Motor Permanent Magnet production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Ton).

This reports profiles key players in the global Motor Permanent Magnet market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zhong Ke San Huan, TDK Corporation, Zhenghai Magnetics, Proterial (Hitachi Metals), JL MAG Rare-Earth, Ningbo Yunsheng, DMEGC, Shin-Etsu Chemical and Earth-Panda Advance Magnetic Material, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Motor Permanent Magnet market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Ton) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Motor Permanent Magnet Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Motor Permanent Magnet Market, Segmentation by Type
Ferrite Magnet
Rare Earth Magnet

Global Motor Permanent Magnet Market, Segmentation by Application
Automotive
Aerospace
Renewable Energy
Medical
Household Appliances
Office Equipment
Electric Toys
Other

Companies Profiled:
Zhong Ke San Huan
TDK Corporation
Zhenghai Magnetics
Proterial (Hitachi Metals)
JL MAG Rare-Earth
Ningbo Yunsheng
DMEGC
Shin-Etsu Chemical
Earth-Panda Advance Magnetic Material
Sinomag
Guangdong JPMF
Union Materials
BGRIMM Magnetic Materials
Hunan Aerospace Magnet &Magnet
Tokyo Ferrite
Sinosteel New Materials
Zhejiang Kaiven Magnet

Key Questions Answered

1. How big is the global Motor Permanent Magnet market?

2. What is the demand of the global Motor Permanent Magnet market?

3. What is the year over year growth of the global Motor Permanent Magnet market?

4. What is the production and production value of the global Motor Permanent Magnet market?

5. Who are the key producers in the global Motor Permanent Magnet market?