Global Permanent Magnets Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	177 Pages	TechNavio	October, 2023	INF18285530

Best Price Guarantee
Price	from $2,500
Length	177 Pages
Publisher	TechNavio
Published Date	October, 2023
SKU	INF18285530

Global Permanent Magnets Market 2024-2028

The permanent magnets market is forecasted to grow by USD 12787.08 mn during 2023-2028, accelerating at a CAGR of 8.37% during the forecast period. The report on the permanent magnets market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from the automobile sector, increased applicability in storage technology, and increase in iron ore production volume.

Technavio's permanent magnets market is segmented as below:

By Material

Neodymium iron boron magnets
Ferrite magnets
Samarium cobalt magnets
Alnico magnets

By End-user

Consumer goods and electronics
Automotive
General industrial
Aerospace and defense
Others

By Geography

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increasing use of nanocrystalline magnetic particles in the biomedical industry as one of the prime reasons driving the permanent magnet market growth during the next few years. Also, AI simulations for magnetic material geometry design and increased emphasis on semi-hard magnets will lead to sizable demand in the market.

The report on the permanent magnets market covers the following areas:

Permanent magnets market sizing
Permanent magnets market forecast
Permanent magnets market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading permanent magnets market vendors that include Adams Magnetic Products, Arnold Magnetic Technologies Corp., Daido Steel Co. Ltd., Earth Panda Advance Magnetic Material Co.Ltd., Electron Energy Corp., Guangdong Lingyi Intelligent Manufacturing Co. Ltd., Hitachi Ltd., Ningbo Yunsheng Co. Ltd., TDK Corp., Bunting Magnetics Co., Chengdu Galaxy Magnets Co. Ltd., DURA MAGNETS PVT. LTD., Gayatri Magnet, Goudsmit Magnetics Groep BV, Hangzhou Permanent Magnet Group. Ltd., Ningbo Co star Materials Hi Tech Co. Ltd., NingBo NingGang Permanent Magnetic Materials Co. Ltd., Ningbo Risheng Magnets Co. Ltd., Yantai Dongxing Magnetic Materials Inc., and Zhenghai Group Co. Ltd.. Also, the permanent magnets market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Material
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global Permanent Magnets Market 2018 - 2022
  - Table Historic Market Size – Data Table on global permanent magnets market 2024-2028 2018 - 2022 ($ million)
- Material Segment Analysis 2018 - 2022
  - Table Historic Market Size – Material Segment 2018 - 2022 ($ million)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Material
- Market segments
  - Table Chart on Material - Market share 2023-2028 (%)
  - Table Data Table on Material - Market share 2023-2028 (%)
- Comparison by Material
  - Table Chart on Comparison by Material
  - Table Data Table on Comparison by Material
- Neodymium iron boron magnets - Market size and forecast 2023-2028
  - Table Chart on Neodymium iron boron magnets - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Neodymium iron boron magnets - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Neodymium iron boron magnets - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Neodymium iron boron magnets - Year-over-year growth 2023-2028 (%)
- Ferrite magnets - Market size and forecast 2023-2028
  - Table Chart on Ferrite magnets - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Ferrite magnets - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Ferrite magnets - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Ferrite magnets - Year-over-year growth 2023-2028 (%)
- Samarium cobalt magnets - Market size and forecast 2023-2028
  - Table Chart on Samarium cobalt magnets - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Samarium cobalt magnets - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Samarium cobalt magnets - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Samarium cobalt magnets - Year-over-year growth 2023-2028 (%)
- Alnico magnets - Market size and forecast 2023-2028
  - Table Chart on Alnico magnets - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Alnico magnets - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Alnico magnets - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Alnico magnets - Year-over-year growth 2023-2028 (%)
- Market opportunity by Material
  - Table Market opportunity by Material ($ million)
  - Table Data Table on Market opportunity by Material ($ million)
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Consumer goods and electronics - Market size and forecast 2023-2028
  - Table Chart on Consumer goods and electronics - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Consumer goods and electronics - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Consumer goods and electronics - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Consumer goods and electronics - Year-over-year growth 2023-2028 (%)
- Automotive - Market size and forecast 2023-2028
  - Table Chart on Automotive - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Automotive - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
- General industrial - Market size and forecast 2023-2028
  - Table Chart on General industrial - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on General industrial - Market size and forecast 2023-2028 ($ million)
  - Table Chart on General industrial - Year-over-year growth 2023-2028 (%)
  - Table Data Table on General industrial - Year-over-year growth 2023-2028 (%)
- Aerospace and defense - Market size and forecast 2023- 2028
  - Table Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- India - Market size and forecast 2023-2028
  - Table Chart on India - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on India - Market size and forecast 2023-2028 ($ million)
  - Table Chart on India - Year-over-year growth 2023-2028 (%)
  - Table Data Table on India - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Increasing demand from the automobile sector
  - Increased applicability in storage technology
  - Increase in iron ore production volume
- Market challenges
  - Fluctuating cost of raw materials
  - High research and development (R and D) cost
  - High costs associated with mining of rare-earth metals
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Increasing use of nanocrystalline magnetic particles in biomedical industry
  - AI simulations for magnetic material geometry design
  - Increased emphasis on semi-hard magnets
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Adams Magnetic Products
  - Table Adams Magnetic Products - Overview
  - Table Adams Magnetic Products - Product / Service
  - Table Adams Magnetic Products - Key offerings
- Arnold Magnetic Technologies Corp.
  - Table Arnold Magnetic Technologies Corp. - Overview
  - Table Arnold Magnetic Technologies Corp. - Product / Service
  - Table Arnold Magnetic Technologies Corp. - Key offerings
- Bunting Magnetics Co.
  - Table Bunting Magnetics Co. - Overview
  - Table Bunting Magnetics Co. - Product / Service
  - Table Bunting Magnetics Co. - Key offerings
- Chengdu Galaxy Magnets Co. Ltd.
  - Table Chengdu Galaxy Magnets Co. Ltd. - Overview
  - Table Chengdu Galaxy Magnets Co. Ltd. - Business segments
  - Table Chengdu Galaxy Magnets Co. Ltd. - Key offerings
  - Table Chengdu Galaxy Magnets Co. Ltd. - Segment focus
- Earth Panda Advance Magnetic Material Co. Ltd.
  - Table Earth Panda Advance Magnetic Material Co. Ltd. - Overview
  - Table Earth Panda Advance Magnetic Material Co. Ltd. - Product / Service
  - Table Earth Panda Advance Magnetic Material Co. Ltd. - Key offerings
- Electron Energy Corp.
  - Table Electron Energy Corp. - Overview
  - Table Electron Energy Corp. - Product / Service
  - Table Electron Energy Corp. - Key offerings
- Goudsmit Magnetics Groep BV
  - Table Goudsmit Magnetics Groep BV - Overview
  - Table Goudsmit Magnetics Groep BV - Product / Service
  - Table Goudsmit Magnetics Groep BV - Key offerings
- Hangzhou Permanent Magnet Group. Ltd.
  - Table Hangzhou Permanent Magnet Group. Ltd. - Overview
  - Table Hangzhou Permanent Magnet Group. Ltd. - Product / Service
  - Table Hangzhou Permanent Magnet Group. Ltd. - Key offerings
- Hitachi Ltd.
  - Table Hitachi Ltd. - Overview
  - Table Hitachi Ltd. - Business segments
  - Table Hitachi Ltd. - Key news
  - Table Hitachi Ltd. - Key offerings
  - Table Hitachi Ltd. - Segment focus
- Ningbo Co star Materials Hi Tech Co. Ltd.
  - Table Ningbo Co star Materials Hi Tech Co. Ltd. - Overview
  - Table Ningbo Co star Materials Hi Tech Co. Ltd. - Product / Service
  - Table Ningbo Co star Materials Hi Tech Co. Ltd. - Key offerings
- NingBo NingGang Permanent Magnetic Materials Co. Ltd.
  - Table NingBo NingGang Permanent Magnetic Materials Co. Ltd. - Overview
  - Table NingBo NingGang Permanent Magnetic Materials Co. Ltd. - Product / Service
  - Table NingBo NingGang Permanent Magnetic Materials Co. Ltd. - Key offerings
- Ningbo Risheng Magnets Co. Ltd.
  - Table Ningbo Risheng Magnets Co. Ltd. - Overview
  - Table Ningbo Risheng Magnets Co. Ltd. - Product / Service
  - Table Ningbo Risheng Magnets Co. Ltd. - Key offerings
- Ningbo Yunsheng Co. Ltd.
  - Table Ningbo Yunsheng Co. Ltd. - Overview
  - Table Ningbo Yunsheng Co. Ltd. - Product / Service
  - Table Ningbo Yunsheng Co. Ltd. - Key offerings
- TDK Corp.
  - Table TDK Corp. - Overview
  - Table TDK Corp. - Business segments
  - Table TDK Corp. - Key news
  - Table TDK Corp. - Key offerings
  - Table TDK Corp. - Segment focus
- Yantai Dongxing Magnetic Materials Inc.
  - Table Yantai Dongxing Magnetic Materials Inc. - Overview
  - Table Yantai Dongxing Magnetic Materials Inc. - Product / Service
  - Table Yantai Dongxing Magnetic Materials Inc. - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations