Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1268760
PUBLISHER: Grand View Research | PRODUCT CODE: 1268760
Permanent Magnets Market Size, Share & Trends Analysis Report By Material (Ferrite, NdFeB), By Application (Consumer Goods & Electronics, Energy), By Region, And Segment Forecasts, 2023 - 2030
PUBLISHED:
PAGES: 117 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Permanent Magnets Market Growth & Trends:
The global permanent magnets market size is projected to reach approximately USD 39.71 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.6% over the forecast period. The rising number of supportive initiatives to promote healthcare infrastructure, especially in developing countries, is projected to aid the market growth over the forecast period. The demand for the product is expected to be driven by the extensive usage in industrial automation amidst the COVID-19 outbreak and rising demand from the healthcare sector. Permanent magnets are used in various medical devices, such as blood separators, surgical devices, dental equipment, patient monitoring systems, drug delivery systems, and Magnetic Resonance Imaging (MRI) scanners, and other essential & non-essential healthcare devices. The COVID-19 outbreak in 2020 played a key role in driving the investments in developing healthcare infrastructure.
For instance, the Government of India laid out the plan to upend its healthcare spending by nearly 3% of its total GDP by 2022. Such initiatives are likely to drive the product demand in the healthcare sector over the predicted timeline. The product is also significantly used in wearable electronic devices. The global economy is currently witnessing drastic developments in technology, which has led to the proliferation of smart electronic devices. The market for wearable electronics devices, smartphones, and other smart technologies in advanced as well as emerging economies is likely to witness significant growth. This is likely to indirectly benefit the product demand over the forecast period. The global market is fragmented and is characterized by regional concentration. On account of the presence of large-scale rare earth metal deposits in China, numerous small, medium, and large-scale manufacturers are located in close vicinity.
Permanent Magnets Market Report Highlights:
- The ferrite material segment dominated the market in 2022 mainly due to the wide usage of ferrite magnets in medical devices
- The NdFeB material segment is likely to witness the fastest CAGR, in terms of revenue, over the predicted timeline
- The rising popularity of anti-lock braking system sensors in vehicles is anticipated to aid the segment growth over the coming years
- The medical segment is estimated to be among the key application fields over the forecast period owing to the increased spending in healthcare infrastructure across the globe post-pandemic
- Asia Pacific is estimated to emerge as the largest as well as the fastest-growing regional market, in terms of revenue, from 2023 to 2030. China is projected to remain the key contributor to the regional market of Asia Pacific
Product Code: 978-1-68038-058-3
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Data Analysis Models
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.3. Manufacturing Trends & Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Permanent Magnets Market: Material Estimates & Trend Analysis
- 4.1. Permanent Magnets Market: Material Movement Analysis, 2022 & 2030
- 4.2. Ferrite
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3. Neodymium Iron Boron (NdFeB)
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.4. Aluminum Nickel Cobalt (Alnico)
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5. Samarium Cobalt (SmCo)
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Permanent Magnets Market: Application Estimates & Trend Analysis
- 5.1. Permanent Magnets Market: Application Movement Analysis, 2022 & 2030
- 5.2. Automotive
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.3. Consumer Goods and Electronics
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Industrial
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5. Aerospace & Defense
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.6. Energy
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.7. Medical
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.8. Others
- 5.8.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Permanent Magnets Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2022 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5. Central & South America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Ranking
- 7.4. Heat Map Analysis
- 7.5. Vendor Landscape
- 7.5.1. List of raw material supplier, key manufacturers, and distributors
- 7.5.2. List of prospective end-users
- 7.6. Strategy Mapping
- 7.7. Company Profiles/Listing
- 7.7.1. Adams Magnetic Products Co.
- 7.7.1.1. Company overview
- 7.7.1.2. Financial performance
- 7.7.1.3. Product benchmarking
- 7.7.2. Advance Magnetic Material Co., Ltd
- 7.7.2.1. Company overview
- 7.7.2.2. Financial performance
- 7.7.2.3. Product benchmarking
- 7.7.3. Arnold Magnetic Technologies
- 7.7.3.1. Company overview
- 7.7.3.2. Financial performance
- 7.7.3.3. Product benchmarking
- 7.7.4. Daido Steel Co., Ltd.
- 7.7.4.1. Company overview
- 7.7.4.2. Product benchmarking
- 7.7.5. Eclipse Magnetics Ltd.
- 7.7.5.1. Company overview
- 7.7.5.2. Product benchmarking
- 7.7.6. Electron Energy Corporation
- 7.7.6.1. Company overview
- 7.7.6.2. Product benchmarking
- 7.7.7. Goudsmit Magnetics Group
- 7.7.7.1. Company overview
- 7.7.7.2. Product benchmarking
- 7.7.8. Hangzhou Permanent Magnet Group
- 7.7.8.1. Company overview
- 7.7.8.2. Product benchmarking
- 7.7.9. Hitachi Metals Ltd.
- 7.7.9.1. Company overview
- 7.7.9.2. Product benchmarking
- 7.7.10. Magnequench International, LLC
- 7.7.10.1. Company overview
- 7.7.10.2. Financial performance
- 7.7.10.3. Product benchmarking
- 7.7.1. Adams Magnetic Products Co.
Product Code: 978-1-68038-058-3
List of Tables
- TABLE 1 Permanent magnets market estimates & forecasts, 2018-2030 (USD Million) (Kilotons)
- TABLE 2 Ferrite permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 3 NdFeB permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 4 Alnico permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 5 SmCO permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 6 Permanent magnets market estimates & forecasts, by automotive, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 7 Permanent magnets market estimates & forecasts, by consumer good & electronics, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 8 Permanent magnets market estimates & forecasts, by industrial applications, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 9 Permanent magnets market estimates & forecasts, by aerospace & defense, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 10 Permanent magnets market estimates & forecasts, by energy, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 11 Permanent magnets market estimates & forecasts, by medical, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 12 Permanent magnets market estimates & forecasts, by others, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 13 North America permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 14 North America permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 15 North America permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 16 North America permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 17 North America permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 18 U.S. permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 19 U.S. permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 20 U.S. permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 21 U.S. permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 22 U.S. permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 23 Canada permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 24 Canada permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 25 Canada permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 26 Canada permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 27 Canada permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 28 Mexico permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 29 Mexico permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 30 Mexico permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 31 Mexico permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 32 Mexico permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 33 Europe permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 34 Europe permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 35 Europe permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 36 Europe permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 37 Europe permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 38 Germany permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 39 Germany permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 40 Germany permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 41 Germany permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 42 Germany permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 43 Asia Pacific permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 44 Asia Pacific permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 45 Asia Pacific permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 46 Asia Pacific permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 47 Asia Pacific permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 48 China permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 49 China permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 50 China permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 51 China permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 52 China permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 53 India permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 54 India permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 55 India permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 56 India permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 57 India permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 58 Japan permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 59 Japan permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 60 Japan permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 61 Japan permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 62 Japan permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 63 Central & South America permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 64 Central & South America permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 65 Central & South America permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 66 Central & South America permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 67 Central & South America permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 68 Brazil permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 69 Brazil permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 70 Brazil permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 71 Brazil permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 72 Brazil permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
- TABLE 73 Middle East & Africa permanent magnets market estimates & forecasts, 2018 - 2030 (USD Million) (Kilotons)
- TABLE 74 Middle East & Africa permanent magnets market estimates & forecasts, by material, 2018 - 2030 (USD Million)
- TABLE 75 Middle East & Africa permanent magnets market estimates & forecasts, by material, 2018 - 2030 (Kilotons)
- TABLE 76 Middle East & Africa permanent magnets market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- TABLE 77 Middle East & Africa permanent magnets market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
List of Fig.ures
Fig. 1 Market segmentation
Fig. 2 Information procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation and Validation
Fig. 5 Market snapshot
Fig. 6 Segmental outlook - Material & Application
Fig. 7 Competitive Outlook
Fig. 8 Permanent magnets market outlook, 2018 - 2030 (USD Million) (Kilotons)
Fig. 9 Value chain analysis
Fig. 10 Market dynamics
Fig. 11 Porter's Analysis
Fig. 12 PESTEL Analysis
Fig. 13 Permanent magnets market, by material: Key takeaways
Fig. 14 Permanent magnets market, by material: Market share, 2022 & 2030
Fig. 15 Permanent magnets market, by application: Key takeaways
Fig. 16 Permanent magnets market, by application: Market share, 2022 & 2030
Fig. 17 Permanent magnets market: Regional analysis, 2022
Fig. 18 Permanent magnets market, by region: Key takeaways
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.