2022 Permanent Magnet Market- Global Forecast to 2026 | At a CAGR of 9.5%

Qualitative and quantitative insights are evaluated in the Permanent Magnet research report, and the market size, growth, and share are also included in the research report. It also offers analysis and insights and analysis regarding various factors during the projected period. The Permanent Magnet research report provides information about market penetration that offers comprehensive data on the market provided by the key market players. Moreover, The Permanent Magnet research report provides region-wise and country-wise analysis of the Permanent Magnet market.

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The global Permanent Magnet market is expected to grow from USD 34.4 billion in 2021 to USD 54.1 billion by 2026, at a CAGR of 9.5% during the forecast period. This report spread across 228 Pages, Profiling 18 Companies and Supported with Tables and figures are now available in this research.

The report provides a comprehensive analysis of company profiles listed below:
• Hitachi Metals, Ltd. (Japan)
• TDK Corporation (Japan)
• Shin-Etsu Chemical Co., Ltd. (Japan)
• Electron Energy Corporation (US)
• Adams Magnetic Products Co., Inc. (US)
• Bunting Magnetics Co. (US)
• Tengam Engineering, Inc. (US)
• Yantai Shougang Magnetic Materials Inc. (Japan)
• Ningbo Yunsheng Co. Ltd. (China)
• Chengdu Galaxy Magnets Co., Ltd. (China)
• Goudsmit Magnetics (Netherlands)
• Eclipse Magnetics (US)
• Arnold Magnetic Technologies (US)

The demand for permanent magnet in consumer electronics industry is expected to increase mainly due to improving standards of living and rising disposable income in the APAC region. In the consumer electronics segment, permanent magnets are used in magnetic heads of Hard Disk Drives (HDD), CDs, as well as in motors of peripheral devices such as printers, fax machines, scanners, and photocopies.

APAC is projected to have the highest growth in the permanent magnet and will expand significantly by 2026. This dominance is attributed to the rising demand from domestic industries in the region. The demand for permanent magnet is growing, especially, in APAC and South America. The markets in these regions are expected to register high growth in comparison to other regions.

The neodymium iron boron magnet market is expected to witness high growth because of the growing demand for miniaturization of various equipment. They are the most preferred permanent magnets owing to their strong magnetic properties. These magnets are made of alloys of neodymium, iron, and boron. They can be made in blocks, rings, discs, arcs, triangle, and spheres.

Research Coverage:
This report covers the global Permanent magnet and forecasts the market size until 2026. It includes the following market segmentation-By magnet type (Neodymium Iron Boron Magnets, Ferrite Magnets, Samarium Cobalt Magnets, Alnico Magnets and Others), end-use (Consumer Electronics, General Industrial, Automotive, Medical Technology, Environment & Energy, Aerospace & Defense and Others), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2026.

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Table Of Contents:
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered In The Report
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Market Share Estimation
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities In Permanent Magnet Market, 2021–2026
4.2 Permanent Magnet Market, By Type
4.3 Permanent Magnet Market, By End-Use Industry

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Permanent Magnet Market, By Type
5.2.2 Permanent Magnet Market, By End-Use Industry
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Restraints
5.3.3 Opportunities
5.4.4 Challenges

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter's Five Forces Analysis
6.3.1 Bargaining Power Of Suppliers
6.3.2 Bargaining Power Of Buyers
6.3.3 Threat Of New Entrants
6.3.4 Threat Of Substitutes
6.3.5 Degree Of Competition
6.4 Price Analysis
6.5 Raw Material Analysis
6.6 Patent Analysis
6.7 Technology Analysis
6.8 Impact Of Covid -19 On Permanent Magnet Market

7 Permanent Magnet Market, By Type
7.1 Introduction
7.2 Neodymium Iron Boron Magnets
7.3 Ferrite Magnets
7.4 Samarium Cobalt Magnets
7.5 Alnico Magnets
7.6 Other Permanent Magnets

8 Permanent Magnet Market, By End-Use Industry
8.1 Introduction
8.2 Consumer Electronics
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