PUBLISHER: TechNavio | PRODUCT CODE: 2030789
PUBLISHER: TechNavio | PRODUCT CODE: 2030789
The global permanent magnets market is forecasted to grow by USD 20353.3 mn during 2025-2030, accelerating at a CAGR of 9.1% during the forecast period. The report on the global 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 acceleration of global electric vehicle propulsion systems, proliferation of renewable energy and offshore wind infrastructure, expansion of industrial automation and precision robotics.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 8.4% |
| CAGR | 9.1% |
| Incremental Value | $20353.3 mn |
Technavio's global permanent magnets market is segmented as below:
By Material
By End-User
By Method
Geography
This study identifies the strategic shift toward circular economy and magnet recycling as one of the prime reasons driving the global permanent magnets market growth during the next few years. Also, regionalization of supply chains and indigenous production initiatives and technological advancements in material science and rare earth free innovation will lead to sizable demand in the market.
The report on the global permanent magnets market covers the following areas:
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 global permanent magnets market vendors that include Adams Magnetic Products Co., Arnold Magnetic Technologies, Bunting Magnetics Co., Daido Electronics Co. Ltd., Dura Magnetics Inc., Earth Panda Magnet GmbH, Electron Energy Corp., Galaxy Magnetic Co. Ltd., Goudsmit Magnetics Groep B.V., Hengdian Magnetics Co. Ltd., MP Materials Corp., Neo Performance Materials Inc., Ningbo Yunsheng Co. Ltd., Proterial Ltd., Shin Etsu Chemical Co. Ltd., Sinomag Technology Co. Ltd., TDK Corp., Tokyo Ferrite Mfg. Co. Ltd., Vacuumschmelze GmbH and Co. KG. Also, the global 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 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 primary and secondary research. 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 accurate market growth.