Permanent Magnets Market - Global Outlook and Forecast 2023-2028

Report ID: 1030228 | Published Date: Jan 2025 | No. of Page: 117 | Base Year: 2024 | Rating: 4.6 | Webstory: Check our Web story

Permanent Magnets major include the rare earth permanent magnet and Ferrite Magnets.
This report contains market size and forecasts of Permanent Magnets in global, including the following market information:
Global Permanent Magnets Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Permanent Magnets Market Sales, 2017-2022, 2023-2028, (K Ton)
Global top five Permanent Magnets companies in 2021 (%)
The global Permanent Magnets market was valued at 11990 million in 2021 and is projected to reach US$ 18870 million by 2028, at a CAGR of 6.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ferrite Magnet Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Permanent Magnets include Hitachi Metals, TDK, DMEGC, Guangdong JPMF, Sinomag, Union Materials, Tokyo Ferrite, BGRIMM Magnetic Materials and Hunan Aerospace Magnet &Magneto, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Permanent Magnets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Permanent Magnets Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Ton)
Global Permanent Magnets Market Segment Percentages, by Type, 2021 (%)
Ferrite Magnet
Rare Earth Magnet
Global Permanent Magnets Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Ton)
Global Permanent Magnets Market Segment Percentages, by Application, 2021 (%)
Electro-Acoustic Products
Toy Industry
Automotive Industry
Home Appliance Industry
Computer and Office Equipment
Aerospace & Defense
Energy
Medical industry
Others
Global Permanent Magnets Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Ton)
Global Permanent Magnets Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Permanent Magnets revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Permanent Magnets revenues share in global market, 2021 (%)
Key companies Permanent Magnets sales in global market, 2017-2022 (Estimated), (K Ton)
Key companies Permanent Magnets sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Metals
TDK
DMEGC
Guangdong JPMF
Sinomag
Union Materials
Tokyo Ferrite
BGRIMM Magnetic Materials
Hunan Aerospace Magnet &Magneto
Zhejiang Kaiven Magnet
Guangzhou Golden South
Shunde Baling Group
Meizhou Magnetic Materials
Shin-Etsu
Beijing Zhong Ke San Huan Hi-Tech
JL MAG Rare-Earth
Yunsheng Company
Zhenghai Magnetics
Earth-Panda Magnet

Frequently Asked Questions
Permanent Magnets Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Permanent Magnets Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Permanent Magnets Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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