Global Permanent Magnet for Motor Market Growth 2025-2031

The global Permanent Magnet for Motor market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Permanent magnet for motor is a kind of magnet used for motor structure. It is made of a magnetized material, which can maintain its property even without external magnetic field. The use of permanent magnets in motors can improve efficiency because they do not require a separate power supply to generate magnetic fields. In turn, this can reduce energy consumption and prolong motor life.

United States market for Permanent Magnet for Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Permanent Magnet for Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Permanent Magnet for Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Permanent Magnet for Motor players cover Arnold Magnetic Technologies, Hitachi Metals America, Adams Magnetic Products, Dura Magnetics, Integrated Magnetics, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Permanent Magnet for Motor Industry Forecast” looks at past sales and reviews total world Permanent Magnet for Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Permanent Magnet for Motor sales for 2025 through 2031. With Permanent Magnet for Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Permanent Magnet for Motor industry.

This Insight Report provides a comprehensive analysis of the global Permanent Magnet for Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Permanent Magnet for Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Permanent Magnet for Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Permanent Magnet for Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Permanent Magnet for Motor.

This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnet for Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Neodymium Magnet
Ferrite Magnet
Alnico Magnet

Segmentation by Application:
Marine Industry
Automotive Industry
Aerospace
National Defense Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Arnold Magnetic Technologies
Hitachi Metals America
Adams Magnetic Products
Dura Magnetics
Integrated Magnetics
Magma Magnetic Technologies
Ningbo Bestway Magnet
Dexter Magnetic Technologies
Bunting Magnetics
Thermo Fisher Scientific
Ningbo Vastsky Magnet
Shin-etsu Chemical
Mahindra Sanyo Special Steel
Vacuumschmelze Gmbh & Co. Kg
Hangzhou Permanent Magnet Group
Yantai Shougang Magnetic Materials
Eec Magnetic
Bgrimm Magnetic Materials & Technology
Beijing Zhong Ke San Huan Hi-tech
Ningbo Yunsheng High-tech Magnetics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Permanent Magnet for Motor market?

What factors are driving Permanent Magnet for Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Permanent Magnet for Motor market opportunities vary by end market size?

How does Permanent Magnet for Motor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.