Permanent Magnets Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global permanent magnets market is expected to grow at a CAGR of around 9.1% during 2025-2034. This report on global permanent magnets market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global permanent magnets market by segmenting the market based on material, application and region. Also, detailed profiles of companies operating in the permanent magnets market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Rising Automotive Market
• Advancements in Manufacturing Technologies
Market Challenges
• High Prices
• Limited Availability of Raw Materials
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Material
• Ferrite
• Neodymium Iron Boron (NdFeB)
• Aluminium Nickel Cobalt (Alnico)
• Samarium Cobalt (SmCo)
Market by Application
• Automotive
• Consumer Goods & Electronics
• Industrial
• Aerospace & Défense
• Energy
• Medical
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Permanent Magnets Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Permanent Magnets Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Permanent Magnets Market by Material
- 5.1. Introduction
- 5.2. Ferrite
- 5.3. Neodymium Iron Boron (NdFeB)
- 5.4. Aluminum Nickel Cobalt (Alnico)
- 5.5. Samarium Cobalt (SmCo)
- 6. Global Permanent Magnets Market by Application
- 6.1. Introduction
- 6.2. Automotive
- 6.3. Consumer Goods & Electronics
- 6.4. Industrial
- 6.5. Aerospace & Défense
- 6.6. Energy
- 6.7. Medical
- 6.8. Others
- 7. Global Permanent Magnets Market by Region
- 7.1. Introduction
- 7.2. Europe
- 7.2.1. Germany
- 7.2.2. United Kingdom
- 7.2.3. France
- 7.2.4. Italy
- 7.2.5. Spain
- 7.2.6. Russia
- 7.2.7. Netherlands
- 7.2.8. Rest of the Europe
- 7.3. North America
- 7.3.1. United States
- 7.3.2. Canada
- 7.4. Asia Pacific
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. India
- 7.4.4. South Korea
- 7.4.5. Australia
- 7.4.6. Indonesia
- 7.4.7. Rest of the Asia Pacific
- 7.5. Latin America
- 7.5.1. Mexico
- 7.5.2. Brazil
- 7.5.3. Argentina
- 7.5.4. Rest of Latin America
- 7.6. Middle East & Africa
- 7.6.1. Saudi Arabia
- 7.6.2. Turkey
- 7.6.3. Iran
- 7.6.4. United Arab Emirates
- 7.6.5. Rest of Middle East & Africa
- 8. SWOT Analysis
- 9. Porter’s Five Forces
- 10. Market Value Chain Analysis
- 11. Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Company Profiles
- 11.2.1. Adams Magnetic Products Co.
- 11.2.2. Alpha Magnet
- 11.2.3. Alpha Magnet
- 11.2.4. Arnold Magnetic Technologies
- 11.2.5. Daido Steel Co., Ltd.
- 11.2.6. Earth-Panda Advance Magnetic Material Co., Ltd.
- 11.2.7. Eclipse Magnetics Ltd.
- 11.2.8. Electron Energy Corp.
- 11.2.9. Hitachi Metals Ltd.
- 11.2.10. Integrated Magnetics
- 11.2.11. Pacific Metals Co. Ltd.
- 11.2.12. Shin-Etsu Chemical Co. Ltd.
- 11.2.13. TDK Corporation
- 11.2.14. Tridus Magnetics and Assemblies
- List of Figures
- Figure 1: Global Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 2: Global Permanent Magnets Market by Material, 2024
- Figure 3: Global Permanent Magnets Market by Application, 2024
- Figure 4: Global Permanent Magnets Market by Region, 2024
- Figure 5: Global Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 6: Global Permanent Magnets Market by Material (in %), 2024 & 2034
- Figure 7: Global Ferrite Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 8: Global Ferrite Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 9: Global Neodymium Iron Boron (NdFeB) Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 10: Global Neodymium Iron Boron (NdFeB) Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 11: Global Aluminum Nickel Cobalt (Alnico) Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 12: Global Aluminum Nickel Cobalt (Alnico) Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 13: Global Samarium Cobalt (SmCo) Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 14: Global Samarium Cobalt (SmCo) Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 15: Global Permanent Magnets Market by Application (in %), 2024 & 2034
- Figure 16: Global Automotive Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 17: Global Automotive Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 18: Global Consumer Goods & Electronics Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 19: Global Consumer Goods & Electronics Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 20: Global Industrial Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 21: Global Industrial Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 22: Global Aerospace & Défense Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 23: Global Aerospace & Défense Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 24: Global Energy Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 25: Global Energy Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 26: Global Medical Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 27: Global Medical Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 28: Global Other Applications Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 29: Global Other Applications Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 30: Global Permanent Magnets Market by Region (in %), 2024 & 2034
- Figure 31: Europe Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 32: Europe Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 33: Europe Permanent Magnets Market by Country (in %), 2024 & 2034
- Figure 34: Germany Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 35: United Kingdom Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 36: France Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 37: Italy Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 38: Spain Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 39: Russia Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 40: Netherlands Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 41: North America Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 42: North America Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 43: North America Permanent Magnets Market by Country (in %), 2024 & 2034
- Figure 44: United States Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 45: Canada Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 46: Asia Pacific Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 47: Asia Pacific Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 48: Asia Pacific Permanent Magnets Market by Country (in %), 2024 & 2034
- Figure 49: China Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 50: Japan Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 51: India Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 52: South Korea Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 53: Australia Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 54: Indonesia Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 55: Latin America Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 56: Latin America Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 57: Latin America Permanent Magnets Market by Country (in %), 2024 & 2034
- Figure 58: Mexico Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 59: Brazil Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 60: Argentina Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 61: Middle East & Africa Permanent Magnets Market (in US$ Million), 2020-2024
- Figure 62: Middle East & Africa Permanent Magnets Market (in US$ Million), 2025-2034
- Figure 63: Middle East & Africa Permanent Magnets Market by Country (in %), 2024 & 2034
- Figure 64: Saudi Arabia Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 65: Turkey Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 66: Iran Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 67: UAE Permanent Magnets Market (in US$ Million), 2020-2034
- Figure 68: Market Value Chain
- List of Tables
- Table 1: Global Permanent Magnets Market Portraiture
- Table 2: Global Permanent Magnets Market by Material (in US$ Million), 2024 & 2034
- Table 3: Global Permanent Magnets Market by Application (in US$ Million), 2024 & 2034
- Table 4: Global Permanent Magnets Market by Region (in US$ Million), 2024 & 2034
- Table 5: Europe Permanent Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 6: North America Permanent Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 7: Asia Pacific Permanent Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 8: Latin America Permanent Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 9: Middle East & Africa Permanent Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 10: List of Key Player
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