Press release
Permanent Magnets Market Is Booming So Rapidly | Major Giants Arnold Magnetic Technologies, Adams Magnetic Products, Bunting Magnetics
HTF MI just released the Global Permanent Magnets Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.Major Giants in Permanent Magnets Market are:
Hitachi Metals, TDK Corporation, Shin-Etsu Chemical, VAC Group, Arnold Magnetic Technologies, Adams Magnetic Products, Bunting Magnetics, Daido Steel, Electron Energy Corporation, Yantai Shougang Magnetic Materials, Ningbo Yunsheng, Galaxy Magnets, Magnequench, Hangzhou Permanent Magnet Group, Zhong Ke San Huan, Toshiba Materials, Chengdu Galaxy Magnets, DMEGC Magnetics, Earth-Panda Advanced Magnetic
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HTF Market Intelligence projects that the global Permanent Magnets market will expand at a compound annual growth rate (CAGR) of 10.9% from 2025 to 2032, from 32.5 Billion in 2025 to 75.2 Billion by 2032.
Our Report Covers the Following Important Topics:
By Type:
Neodymium-Iron-Boron (NdFeB) Magnets, Samarium-Cobalt (SmCo) Magnets, Alnico Magnets, Ferrite Magnets
By Application:
Automotive, Consumer Electronics, Renewable Energy, Industrial Machinery
Definition:
Permanent magnets are materials that maintain a constant magnetic field without requiring an external power source. They are widely used in electronics, automotive, industrial, and renewable energy applications. The market is expanding due to the rising demand for electric vehicles, wind energy, and consumer electronics. However, challenges such as supply chain risks, rare earth metal dependence, and environmental concerns persist.
Dominating Region:
Asia-Pacific
Fastest-Growing Region:
North America
Market Trends:
• Development of High-Performance & Miniaturized Magnets, Recycling & Recovery of Rare Earth Materials, Increasing Investments in Rare Earth Mining
Market Drivers:
• Growing Demand for Electric Vehicles (EVs) & Wind Energy, Rising Use in Consumer Electronics & Smart Devices, Expansion of Industrial & Medical Applications
Market Challenges:
• Supply Chain Disruptions & Dependence on Rare Earth Metals, High Manufacturing Costs, Environmental Concerns Related to Rare Earth Extraction
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Permanent Magnets market segments by Types: Neodymium-Iron-Boron (NdFeB) Magnets, Samarium-Cobalt (SmCo) Magnets, Alnico Magnets, Ferrite Magnets
Detailed analysis of Career &Education Counselling market segments by Applications: Automotive, Consumer Electronics, Renewable Energy, Industrial Machinery
Global Permanent Magnets Market -Regional Analysis
• North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia, and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt, and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, Nordics, BALTIC Countries, Russia, Austria, and the Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam, etc.) & Rest
• Oceania: Australia & New Zealand
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Permanent Magnets Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
Five forces analysis-the threat of new entrants, the threat of substitutes, the threat of competition, and the bargaining power of suppliers and buyers-are carried out to better understand market circumstances.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Permanent Magnets Market:
Chapter 01 - Permanent Magnets Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Permanent Magnets Market - Pricing Analysis
Chapter 05 - Global Permanent Magnets Market Background or History
Chapter 06 - Global Permanent Magnets Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Permanent Magnets Market
Chapter 08 - Global Permanent Magnets Market Structure & worth Analysis
Chapter 09 - Global Permanent Magnets Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Permanent Magnets Market Research Method Permanent Magnets
Thank you for reading this post. You may also obtain report versions by area, such as North America, LATAM, Europe, Japan, Australia, or Southeast Asia, or by chapter.
Contact Us:
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
Connect with us on LinkedIn | Facebook | Twitter
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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