Permanent Rare Earth Magnets Market 2025: Growth Trends, Industry Innovations, and Future Outlook | Hitachi Metals, Vacuumschmelze, Shin-Etsu Rare Earth Magnet, TDK

Los Angeles-United State: In a recently published report by QY Research, titled, "Permanent Rare Earth Magnets - Global Market Share and Ranking, Overall, Sales and Demand Forecast 2025-2031", the analysts have provided an in-depth overview of Permanent Rare Earth Magnets Market. The report presents an assessment of figures and factors that are playing crucial role in development and growth of the Permanent Rare Earth Magnets Market. In addition, the report also provides detailed information about the segments, regional markets, and manufacturers that are necessary for complete understanding of the market. The research report offers its readers information about manufacturers in each region and their market share in the global market. It also offers qualitative and quantitative information of share growth, revenues, and others. This aimed at equipping the reader will all the necessary information for taking critical business decisions.

The global market for Permanent Rare Earth Magnets was estimated to be worth US$ 913 million in 2024 and is forecast to a readjusted size of US$ 1315 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.

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The permanent rare earth magnet industry is experiencing dynamic growth, driven by the global shift towards electrification and renewable energy. A significant trend is the increasing demand for high-performance magnets in electric vehicles (EVs) and wind turbines, as these technologies require powerful and efficient magnetic components. Manufacturers are focusing on improving magnet performance, reducing reliance on critical rare earth elements, and enhancing sustainability. This involves research into alternative magnet compositions, recycling technologies, and more efficient production processes. The industry is also witnessing a growing emphasis on localized production and supply chain diversification to mitigate geopolitical risks associated with rare earth element sourcing. The miniaturization of electronic devices and the expansion of robotics and automation are further driving demand for small, powerful magnets.

Additionally, the medical device sector continues to rely on rare earth magnets for applications like MRI machines and implantable devices. The development of advanced magnetic materials with improved temperature stability and corrosion resistance is also a key focus. Furthermore, the industry is adapting to meet stricter environmental regulations by reducing waste and emissions during magnet production. Overall, the permanent rare earth magnet industry is evolving rapidly, with a focus on innovation, sustainability, and supply chain resilience to meet the growing needs of diverse applications.

Segment Analysis

The report offers great insights into important segments of the global Permanent Rare Earth Magnets market while concentrating on their CAGR, market size, market share, and future growth potential. The global Permanent Rare Earth Magnets market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Permanent Rare Earth Magnets market.

Details of Permanent Rare Earth Magnets Market Segmentation: -

Segment by Type:

Neodymium Magnets
Samarium Magnets

Segment by Application:

Industrial
Consumer Electronics
Home Appliances
Automotive
Wind Turbines
Medical Equipment
Aerospace

Segment by Region:

North America
Europe
Asia Pacific
South America
Middle East and Africa

Geographic Outlook

As part of regional analysis, the report throws light on high-growth regions and factors strengthening their growth in the global Permanent Rare Earth Magnets industry. Each important region and country are deeply looked into to identify lucrative growth opportunities available across the globe. The regional analysis will help players to expand their footprint, increase their knowledge of specific regulatory scenarios in important countries, and explore new opportunities in different regions.

Key Manufacturers Operating in the Global Permanent Rare Earth Magnets Market are:

Hitachi Metals
Vacuumschmelze
Shin-Etsu Rare Earth Magnet
TDK

Competitive Landscape

In order to expand share and hold leading positions in the Permanent Rare Earth Magnets market, manufacturers are using well-researched marketing strategies such as collaboration, partnership, acquisition, mergers, and others. Competitive landscape of a market explains strategies incorporated by key players of the Permanent Rare Earth Magnets market. Key developments and shift in management in the recent years by players has been explained through company profiling. This helps readers to understand the trends that will accelerate the growth of Permanent Rare Earth Magnets market. It also includes investment strategies, marketing strategies, and product development plans adopted by major players of the Permanent Rare Earth Magnets market. The market forecast will help readers make better investments.

How Can the Research Study Help your Business?

(1) The information presented in the Permanent Rare Earth Magnets report helps your decision makers to become prudent and make the best business choices.

(2) The report enables you to see the future of the global Permanent Rare Earth Magnets market and accordingly take decisions that will be in the best interest of your business.

(3) It offers you a forward-looking perspective of the global Permanent Rare Earth Magnets market drivers and how you can secure significant market gains in the near future.

(4) It provides SWOT analysis of the global Permanent Rare Earth Magnets market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.

(5) It also assesses the changing competitive dynamics of the global Permanent Rare Earth Magnets market using pin-point evaluation.

Explore Full Permanent Rare Earth Magnets Report with Detailed TOC Here: https://www.qyresearch.com/reports/4407304/permanent-rare-earth-magnets

Table of Contents

1 Market Overview
1.1 Permanent Rare Earth Magnets Product Introduction
1.2 Global Permanent Rare Earth Magnets Market Size Forecast
1.2.1 Global Permanent Rare Earth Magnets Sales Value (2020-2031)
1.2.2 Global Permanent Rare Earth Magnets Sales Volume (2020-2031)
1.2.3 Global Permanent Rare Earth Magnets Sales Price (2020-2031)
1.3 Permanent Rare Earth Magnets Market Trends & Drivers
1.3.1 Permanent Rare Earth Magnets Industry Trends
1.3.2 Permanent Rare Earth Magnets Market Drivers & Opportunity
1.3.3 Permanent Rare Earth Magnets Market Challenges
1.3.4 Permanent Rare Earth Magnets Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company
2.1 Global Permanent Rare Earth Magnets Players Revenue Ranking (2024)
2.2 Global Permanent Rare Earth Magnets Revenue by Company (2020-2025)
2.3 Global Permanent Rare Earth Magnets Players Sales Volume Ranking (2024)
2.4 Global Permanent Rare Earth Magnets Sales Volume by Company Players (2020-2025)
2.5 Global Permanent Rare Earth Magnets Average Price by Company (2020-2025)
2.6 Key Manufacturers Permanent Rare Earth Magnets Manufacturing Base and Headquarters
2.7 Key Manufacturers Permanent Rare Earth Magnets Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Permanent Rare Earth Magnets
2.9 Permanent Rare Earth Magnets Market Competitive Analysis
2.9.1 Permanent Rare Earth Magnets Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Permanent Rare Earth Magnets Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Permanent Rare Earth Magnets as of 2024)
2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Neodymium Magnets
3.1.2 Samarium Magnets
3.2 Global Permanent Rare Earth Magnets Sales Value by Type
3.2.1 Global Permanent Rare Earth Magnets Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Permanent Rare Earth Magnets Sales Value, by Type (2020-2031)
3.2.3 Global Permanent Rare Earth Magnets Sales Value, by Type (%) (2020-2031)
3.3 Global Permanent Rare Earth Magnets Sales Volume by Type
3.3.1 Global Permanent Rare Earth Magnets Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Permanent Rare Earth Magnets Sales Volume, by Type (2020-2031)
3.3.3 Global Permanent Rare Earth Magnets Sales Volume, by Type (%) (2020-2031)
3.4 Global Permanent Rare Earth Magnets Average Price by Type (2020-2031)

4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Industrial
4.1.2 Consumer Electronics
4.1.3 Home Appliances
4.1.4 Automotive
4.1.5 Wind Turbines
4.1.6 Medical Equipment
4.1.7 Aerospace
4.2 Global Permanent Rare Earth Magnets Sales Value by Application
4.2.1 Global Permanent Rare Earth Magnets Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Permanent Rare Earth Magnets Sales Value, by Application (2020-2031)
4.2.3 Global Permanent Rare Earth Magnets Sales Value, by Application (%) (2020-2031)
4.3 Global Permanent Rare Earth Magnets Sales Volume by Application
4.3.1 Global Permanent Rare Earth Magnets Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Permanent Rare Earth Magnets Sales Volume, by Application (2020-2031)
4.3.3 Global Permanent Rare Earth Magnets Sales Volume, by Application (%) (2020-2031)
4.4 Global Permanent Rare Earth Magnets Average Price by Application (2020-2031)

5 Segmentation by Region
5.1 Global Permanent Rare Earth Magnets Sales Value by Region
5.1.1 Global Permanent Rare Earth Magnets Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Permanent Rare Earth Magnets Sales Value by Region (2020-2025)
5.1.3 Global Permanent Rare Earth Magnets Sales Value by Region (2026-2031)
5.1.4 Global Permanent Rare Earth Magnets Sales Value by Region (%), (2020-2031)
5.2 Global Permanent Rare Earth Magnets Sales Volume by Region
5.2.1 Global Permanent Rare Earth Magnets Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Permanent Rare Earth Magnets Sales Volume by Region (2020-2025)
5.2.3 Global Permanent Rare Earth Magnets Sales Volume by Region (2026-2031)
5.2.4 Global Permanent Rare Earth Magnets Sales Volume by Region (%), (2020-2031)
5.3 Global Permanent Rare Earth Magnets Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Permanent Rare Earth Magnets Sales Value, 2020-2031
5.4.2 North America Permanent Rare Earth Magnets Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Permanent Rare Earth Magnets Sales Value, 2020-2031
5.5.2 Europe Permanent Rare Earth Magnets Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Permanent Rare Earth Magnets Sales Value, 2020-2031
5.6.2 Asia Pacific Permanent Rare Earth Magnets Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Permanent Rare Earth Magnets Sales Value, 2020-2031
5.7.2 South America Permanent Rare Earth Magnets Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Permanent Rare Earth Magnets Sales Value, 2020-2031
5.8.2 Middle East & Africa Permanent Rare Earth Magnets Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Permanent Rare Earth Magnets Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Permanent Rare Earth Magnets Sales Value and Sales Volume
6.2.1 Key Countries/Regions Permanent Rare Earth Magnets Sales Value, 2020-2031
6.2.2 Key Countries/Regions Permanent Rare Earth Magnets Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Permanent Rare Earth Magnets Sales Value, 2020-2031
6.3.2 United States Permanent Rare Earth Magnets Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Permanent Rare Earth Magnets Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Permanent Rare Earth Magnets Sales Value, 2020-2031
6.4.2 Europe Permanent Rare Earth Magnets Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Permanent Rare Earth Magnets Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Permanent Rare Earth Magnets Sales Value, 2020-2031
6.5.2 China Permanent Rare Earth Magnets Sales Value by Type (%), 2024 VS 2031
6.5.3 China Permanent Rare Earth Magnets Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Permanent Rare Earth Magnets Sales Value, 2020-2031
6.6.2 Japan Permanent Rare Earth Magnets Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Permanent Rare Earth Magnets Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Permanent Rare Earth Magnets Sales Value, 2020-2031
6.7.2 South Korea Permanent Rare Earth Magnets Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Permanent Rare Earth Magnets Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Permanent Rare Earth Magnets Sales Value, 2020-2031
6.8.2 Southeast Asia Permanent Rare Earth Magnets Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Permanent Rare Earth Magnets Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Permanent Rare Earth Magnets Sales Value, 2020-2031
6.9.2 India Permanent Rare Earth Magnets Sales Value by Type (%), 2024 VS 2031
6.9.3 India Permanent Rare Earth Magnets Sales Value by Application, 2024 VS 2031

7 Company Profiles
7.1 Hitachi Metals
7.1.1 Hitachi Metals Company Information
7.1.2 Hitachi Metals Introduction and Business Overview
7.1.3 Hitachi Metals Permanent Rare Earth Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Hitachi Metals Permanent Rare Earth Magnets Product Offerings
7.1.5 Hitachi Metals Recent Development
7.2 Vacuumschmelze
7.2.1 Vacuumschmelze Company Information
7.2.2 Vacuumschmelze Introduction and Business Overview
7.2.3 Vacuumschmelze Permanent Rare Earth Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Vacuumschmelze Permanent Rare Earth Magnets Product Offerings
7.2.5 Vacuumschmelze Recent Development
7.3 Shin-Etsu Rare Earth Magnet
7.3.1 Shin-Etsu Rare Earth Magnet Company Information
7.3.2 Shin-Etsu Rare Earth Magnet Introduction and Business Overview
7.3.3 Shin-Etsu Rare Earth Magnet Permanent Rare Earth Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Shin-Etsu Rare Earth Magnet Permanent Rare Earth Magnets Product Offerings
7.3.5 Shin-Etsu Rare Earth Magnet Recent Development
7.4 TDK
7.4.1 TDK Company Information
7.4.2 TDK Introduction and Business Overview
7.4.3 TDK Permanent Rare Earth Magnets Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 TDK Permanent Rare Earth Magnets Product Offerings
7.4.5 TDK Recent Development

8 Industry Chain Analysis
8.1 Permanent Rare Earth Magnets Industrial Chain
8.2 Permanent Rare Earth Magnets Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Permanent Rare Earth Magnets Sales Model
8.5.2 Sales Channel
8.5.3 Permanent Rare Earth Magnets Distributors

9 Research Findings and Conclusion

10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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