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Permanent Magnet Market Forecast (2025-2032): Industry Size, Market Share Data, Business Insights, Latest Trends, Opportunities, Competitive Analysis and Demand Outlook Report

October 2024 | 151 pages | ID: P9AB3F160F1CEN
OG Analysis

US$ 4,550.00

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The permanent magnet market centers around materials that generate a persistent magnetic field without requiring external power sources. These magnets, typically composed of rare earth elements, ferrites, or other alloys, have become essential components in a wide array of applications, from electric motors and generators to medical devices, consumer electronics, and wind turbines. The market is driven by the increasing demand for energy-efficient technologies, the rapid growth of the electric vehicle (EV) and renewable energy sectors, and the expanding use of permanent magnets in advanced technologies. In 2024, the permanent magnet market has witnessed a surge in demand, driven by the rapid adoption of EVs, the growing need for high-performance magnets in various industrial applications, and the increasing focus on sustainability and energy efficiency.

The permanent magnet market has experienced several notable developments in 2024, with manufacturers continuously refining production processes and exploring new materials to enhance magnet performance and reduce reliance on rare earth elements. The industry is witnessing a growing emphasis on developing high-performance magnets with improved temperature stability, magnetic strength, and corrosion resistance. Furthermore, the increasing focus on sustainability and ethical sourcing is driving efforts to develop magnets with reduced reliance on rare earth elements, exploring alternative materials and recycling methods. Looking ahead to 2025, the permanent magnet market is poised for sustained growth, fueled by the expansion of industries relying on magnets, the increasing demand for high-performance magnets in various applications, and the growing importance of sustainability in the global economy.

The comprehensive Permanent Magnet market research report delivers essential insights into current trends that are shaping the industry, along with prescriptive analyses to capitalize on the market’s future growth opportunities. This report is an indispensable tool for decision-makers, offering a thorough understanding of the Permanent Magnet market dynamics—from raw material sourcing to end-use applications. It also addresses competitive pressures from substitutes and alternative products and enables you to formulate winning strategies.

Permanent Magnet Market Revenue, Prospective Segments, Potential Countries, Data and Forecast

The research estimates global Permanent Magnet market revenues in 2024, considering the Permanent Magnet market prices, Permanent Magnet production, supply, demand, and Permanent Magnet trade and logistics across regions. Detailed market share statistics, penetration, and shifts in demand for different types, applications, and geographies in the Permanent Magnet market from 2023 to 2032 are included in the thorough research.

The report covers North America, Europe, Asia Pacific, Middle East, Africa, and LATAM/South and Central America Permanent Magnet market statistics, along with Permanent Magnet CAGR Market Growth Rates from 2024 to 2032 will provide a deep understanding and projection of the market. The Permanent Magnet market is further split by key product types, dominant applications, and leading end users of Permanent Magnet. The future of the Permanent Magnet market in 27 key countries around the world is elaborated to enable an in-depth geographical understanding of the Permanent Magnet industry.

The research considered 2019, 2020, 2021, and 2022 as historical years, 2023 as the base year, and 2024 as the estimated year, with an outlook to 2032. The report identifies the most prospective type of Permanent Magnet market, leading products, and dominant end uses of the Permanent Magnet Market in each region.

Permanent Magnet Market Structure, Competitive Intelligence and Key Winning Strategies

Competitive Landscape & Key Strategies

The permanent magnet market is characterized by a

Permanent Magnet Market Dynamics and Future Analytics

The research analyses the Permanent Magnet parent market, derived market, intermediaries’ market, raw material market, and substitute market are all evaluated to better prospect the Permanent Magnet market outlook. Geopolitical analysis, demographic analysis, and Porter’s five forces analysis are prudently assessed to estimate the best Permanent Magnet market projections.

Recent deals and developments are considered for their potential impact on Permanent Magnet's future business. Other metrics analyzed include the Threat of New Entrants, Threat of New Substitutes, Product Differentiation, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Permanent Magnet market.

Permanent Magnet trade and price analysis helps comprehend Permanent Magnet's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Permanent Magnet price trends and patterns, and exploring new Permanent Magnet sales channels. The research will be updated to the latest month to include the impact of the latest developments such as the Russia-Ukraine war on the Permanent Magnet market.

Your Key Takeaways from the Permanent Magnet Market Report
  • Global Permanent Magnet market size and growth projections (CAGR), 2024- 2032
  • Russia-Ukraine, Israel-Palestine, Hamas impact on the Permanent Magnet Trade, Costs and Supply-chain
  • Permanent Magnet market size, share, and outlook across 5 regions and 27 countries, 2023- 2032
  • Permanent Magnet market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2023- 2032
  • Short and long-term Permanent Magnet market trends, drivers, restraints, and opportunities
  • Porter’s Five Forces analysis, Technological developments in the Permanent Magnet market, Permanent Magnet supply chain analysis
  • Permanent Magnet trade analysis, Permanent Magnet market price analysis, Permanent Magnet supply/demand
  • Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
  • Latest Permanent Magnet market news and developments
The Permanent Magnet Market international scenario is well established in the report with separate chapters on North America Permanent Magnet Market, Europe Permanent Magnet Market, Asia-Pacific Permanent Magnet Market, Middle East and Africa Permanent Magnet Market, and South and Central America Permanent Magnet Markets. These sections further fragment the regional Permanent Magnet market by type, application, end-user, and country.

Countries Covered

North America Permanent Magnet market data and outlook to 2032

United States

Canada

Mexico

Europe Permanent Magnet market data and outlook to 2032

Germany

United Kingdom

France

Italy

Spain

BeNeLux

Russia

Asia-Pacific Permanent Magnet market data and outlook to 2032

China

Japan

India

South Korea

Australia

Indonesia

Malaysia

Vietnam

Middle East and Africa Permanent Magnet market data and outlook to 2032

Saudi Arabia

South Africa

Iran

UAE

Egypt

South and Central America Permanent Magnet market data and outlook to 2032

Brazil

Argentina

Chile

Peru

* We can include data and analysis of additional countries on demand

Who can benefit from this research

The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways

1. The report provides 2024 Permanent Magnet market sales data at the global, regional, and key country levels with a detailed outlook to 2032 allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.

2. The research includes the Permanent Magnet market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment

3. The Permanent Magnet market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks

4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business

5. The study assists investors in analyzing Permanent Magnet business prospects by region, key countries, and top companies' information to channel their investments.

Available Customizations

The standard syndicate report is designed to serve the common interests of Permanent Magnet Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication.

However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.

Some of the customization requests are as mentioned below –

Segmentation of choice – Our clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.

Permanent Magnet Pricing and Margins Across the Supply Chain, Permanent Magnet Price Analysis / International Trade Data / Import-Export Analysis,

Supply Chain Analysis, Supply – Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Permanent Magnet market analytics

Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations

Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.

Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.

Customization of up to 10% of the content can be done without any additional charges.

Note: Latest developments will be updated in the report and delivered within 2 to 3 working days
1. TABLE OF CONTENTS

1.1 List of Tables
1.2 List of Figures

2. GLOBAL PERMANENT MAGNET MARKET REVIEW, 2024

2.1 Permanent Magnet Industry Overview
2.2 Research Methodology

3. PERMANENT MAGNET MARKET INSIGHTS

3.1 Permanent Magnet Market Trends to 2032
3.2 Future Opportunities in Permanent Magnet Market
3.3 Dominant Applications of Permanent Magnet, 2024 Vs 2032
3.4 Key Types of Permanent Magnet, 2024 Vs 2032
3.5 Leading End Uses of Permanent Magnet Market, 2024 Vs 2032
3.6 High Prospect Countries for Permanent Magnet Market, 2024 Vs 2032

4. PERMANENT MAGNET MARKET TRENDS, DRIVERS, AND RESTRAINTS

4.1 Latest Trends and Recent Developments in Permanent Magnet Market
4.2 Key Factors Driving the Permanent Magnet Market Growth
4.2 Major Challenges to the Permanent Magnet industry, 2024- 2032
4.3 Impact of Wars and geo-political tensions on Permanent Magnet supplychain

5 FIVE FORCES ANALYSIS FOR GLOBAL PERMANENT MAGNET MARKET

5.1 Permanent Magnet Industry Attractiveness Index, 2024
5.2 Permanent Magnet Market Threat of New Entrants
5.3 Permanent Magnet Market Bargaining Power of Suppliers
5.4 Permanent Magnet Market Bargaining Power of Buyers
5.5 Permanent Magnet Market Intensity of Competitive Rivalry
5.6 Permanent Magnet Market Threat of Substitutes

6. GLOBAL PERMANENT MAGNET MARKET DATA – INDUSTRY SIZE, SHARE, AND OUTLOOK

6.1 Permanent Magnet Market Annual Sales Outlook, 2024- 2032 ($ Million)
6.1 Global Permanent Magnet Market Annual Sales Outlook by Type, 2024- 2032 ($ Million)
6.2 Global Permanent Magnet Market Annual Sales Outlook by Application, 2024- 2032 ($ Million)
6.3 Global Permanent Magnet Market Annual Sales Outlook by End-User, 2024- 2032 ($ Million)
6.4 Global Permanent Magnet Market Annual Sales Outlook by Region, 2024- 2032 ($ Million)

7. ASIA PACIFIC PERMANENT MAGNET INDUSTRY STATISTICS – MARKET SIZE, SHARE, COMPETITION AND OUTLOOK

7.1 Asia Pacific Market Insights, 2024
7.2 Asia Pacific Permanent Magnet Market Revenue Forecast by Type, 2024- 2032 (USD Million)
7.3 Asia Pacific Permanent Magnet Market Revenue Forecast by Application, 2024- 2032(USD Million)
7.4 Asia Pacific Permanent Magnet Market Revenue Forecast by End-User, 2024- 2032 (USD Million)
7.5 Asia Pacific Permanent Magnet Market Revenue Forecast by Country, 2024- 2032 (USD Million)
  7.5.1 China Permanent Magnet Analysis and Forecast to 2032
  7.5.2 Japan Permanent Magnet Analysis and Forecast to 2032
  7.5.3 India Permanent Magnet Analysis and Forecast to 2032
  7.5.4 South Korea Permanent Magnet Analysis and Forecast to 2032
  7.5.5 Australia Permanent Magnet Analysis and Forecast to 2032
  7.5.6 Indonesia Permanent Magnet Analysis and Forecast to 2032
  7.5.7 Malaysia Permanent Magnet Analysis and Forecast to 2032
  7.5.8 Vietnam Permanent Magnet Analysis and Forecast to 2032
7.6 Leading Companies in Asia Pacific Permanent Magnet Industry

8. EUROPE PERMANENT MAGNET MARKET HISTORICAL TRENDS, OUTLOOK, AND BUSINESS PROSPECTS

8.1 Europe Key Findings, 2024
8.2 Europe Permanent Magnet Market Size and Percentage Breakdown by Type, 2024- 2032 (USD Million)
8.3 Europe Permanent Magnet Market Size and Percentage Breakdown by Application, 2024- 2032 (USD Million)
8.4 Europe Permanent Magnet Market Size and Percentage Breakdown by End-User, 2024- 2032 (USD Million)
8.5 Europe Permanent Magnet Market Size and Percentage Breakdown by Country, 2024- 2032 (USD Million)
  8.5.1 2024 Germany Permanent Magnet Market Size and Outlook to 2032
  8.5.2 2024 United Kingdom Permanent Magnet Market Size and Outlook to 2032
  8.5.3 2024 France Permanent Magnet Market Size and Outlook to 2032
  8.5.4 2024 Italy Permanent Magnet Market Size and Outlook to 2032
  8.5.5 2024 Spain Permanent Magnet Market Size and Outlook to 2032
  8.5.6 2024 BeNeLux Permanent Magnet Market Size and Outlook to 2032
  8.5.7 2024 Russia Permanent Magnet Market Size and Outlook to 2032
8.6 Leading Companies in Europe Permanent Magnet Industry

9. NORTH AMERICA PERMANENT MAGNET MARKET TRENDS, OUTLOOK, AND GROWTH PROSPECTS

9.1 North America Snapshot, 2024
9.2 North America Permanent Magnet Market Analysis and Outlook by Type, 2024- 2032($ Million)
9.3 North America Permanent Magnet Market Analysis and Outlook by Application, 2024- 2032($ Million)
9.4 North America Permanent Magnet Market Analysis and Outlook by End-User, 2024- 2032($ Million)
9.5 North America Permanent Magnet Market Analysis and Outlook by Country, 2024- 2032($ Million)
  9.5.1 United States Permanent Magnet Market Analysis and Outlook
  9.5.2 Canada Permanent Magnet Market Analysis and Outlook
  9.5.3 Mexico Permanent Magnet Market Analysis and Outlook
9.6 Leading Companies in North America Permanent Magnet Business

10. LATIN AMERICA PERMANENT MAGNET MARKET DRIVERS, CHALLENGES, AND GROWTH PROSPECTS

10.1 Latin America Snapshot, 2024
10.2 Latin America Permanent Magnet Market Future by Type, 2024- 2032($ Million)
10.3 Latin America Permanent Magnet Market Future by Application, 2024- 2032($ Million)
10.4 Latin America Permanent Magnet Market Future by End-User, 2024- 2032($ Million)
10.5 Latin America Permanent Magnet Market Future by Country, 2024- 2032($ Million)
  10.5.1 Brazil Permanent Magnet Market Analysis and Outlook to 2032
  10.5.2 Argentina Permanent Magnet Market Analysis and Outlook to 2032
  10.5.3 Chile Permanent Magnet Market Analysis and Outlook to 2032
10.6 Leading Companies in Latin America Permanent Magnet Industry

11. MIDDLE EAST AFRICA PERMANENT MAGNET MARKET OUTLOOK AND GROWTH PROSPECTS

11.1 Middle East Africa Overview, 2024
11.2 Middle East Africa Permanent Magnet Market Statistics by Type, 2024- 2032 (USD Million)
11.3 Middle East Africa Permanent Magnet Market Statistics by Application, 2024- 2032 (USD Million)
11.4 Middle East Africa Permanent Magnet Market Statistics by End-User, 2024- 2032 (USD Million)
11.5 Middle East Africa Permanent Magnet Market Statistics by Country, 2024- 2032 (USD Million)
  11.5.1 South Africa Permanent Magnet Market Outlook
  11.5.2 Egypt Permanent Magnet Market Outlook
  11.5.3 Saudi Arabia Permanent Magnet Market Outlook
  11.5.4 Iran Permanent Magnet Market Outlook
  11.5.5 UAE Permanent Magnet Market Outlook
11.6 Leading Companies in Middle East Africa Permanent Magnet Business

12. PERMANENT MAGNET MARKET STRUCTURE AND COMPETITIVE LANDSCAPE

12.1 Key Companies in Permanent Magnet Business
12.2 Permanent Magnet Key Player Benchmarking
12.3 Permanent Magnet Product Portfolio
12.4 Financial Analysis
12.5 SWOT and Financial Analysis Review

14. LATEST NEWS, DEALS, AND DEVELOPMENTS IN PERMANENT MAGNET MARKET

14.1 Permanent Magnet trade export, import value and price analysis

15 APPENDIX

15.1 Publisher Expertise
15.2 Permanent Magnet Industry Report Sources and Methodology


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