Permanent Magnet Market Trends, Analysis, Future Scenarios, and SWOT Analysis of Major Market Players

Permanent Magnet Market Size was valued at USD 37.73 billion in 2022 and is expected to reach USD 79.14 billion by 2030, and grow at a CAGR of 9.7% over the forecast period 2023-2030. A permanent magnet is an object that generates a magnetic field that lasts without the need for external p

The research report includes information on market share, revenue, gross margin, value, volume, industry size, key trends, deployment models, strategies, and future roadmaps, as well as market share, revenue, gross margin, industry size, primary trends, deployment models, strategies, and future roadmaps. The Permanent Magnet Market research includes a detailed executive summary as well as an analysis of the study's key industry growth trends. Market drivers, restraints, attractive prospects, technological advances, industry-specific issues, current trends, and competition analyses are all covered in the market study. The paper also examines how the competitive dynamics of the global market are evolving. These indicators can help both existing market participants and newcomers to the firm.

Key Players included are:

  • TDK Corporation,
  • Electron Energy Corporation,
  • Bunting Magnetics Co.,
  • Tengam Engineering, Inc.,
  • Ningbo Yunsheng Co. Ltd.,
  • Chengdu Galaxy Magnets Co Ltd.,
  • Eclipse Magnetics,
  • Arnold Magnetic Technologies,
  • Hitachi Metals, Ltd.,
  • Shin-Etsu Chemical Co Ltd.,
  • Adams Magnetic Products Co Inc.,
  • Yantai Shougang Magnetic Materials Inc.,
  • Goudsmit Magnetics
  • other players.

Get a Free Sample Report of Permanent Magnet Market 2023 @ 

Market Segmentation

Based on data collected from numerous research approaches as well as reliable data sources, the report will aid both existing and new aspirants in the market in establishing and studying the industry's needs, market size, and competitiveness. Based on recent events and historical data, reports present graphical forecasts for the following years. To collect data and estimate income for all regions of the Allulose Market, researchers used top-down and bottom-up methodologies.

Market Segmentation and Sub-Segmentation included are:

Market Segmentation:

By Type:

  • Neodymium Iron Boron Magnets
  • Ferrite Magnets
  • Samarium Cobalt Magnets
  • Alnico Magnets
  • Others

By End-Use:

  • Consumer Electronics
  • General Industrial
  • Automotive
  • Medical Technology
  • Environment & Energy
  • Aerospace & Defense
  • Others

By Power Range:

  • 0 KW and Below
  • Between 4.0 and 22.0 kW
  • Between 22.0 and 75.0 kW
  • 0 KW and above


The global Permanent Magnet Market research study examines the industry in several regions around the globe. North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa are the key regions that make up the market. Revenue, sales, shares, current developments, innovations, and growth rates are all taken into account when defining the global top market share by region. This type of regional analysis examines the sector from many perspectives across countries and regions.

Competitive Scenario

The Permanent Magnet Market report also includes data on the industry's top companies, including their product/business portfolios, market share, financial status, regional share, segment revenue, SWOT analysis, key strategies like mergers and acquisitions, product developments, joint ventures & partnerships, and expansions, as well as their most recent news. It also contains information on the production plants of the major corporations located inside the operational zones. Pricing models, sales numbers, overall revenues, and market share are all key factors to consider for every business. All of the important applications and characteristics of the leading firms are thoroughly examined in the market study. The big players have recently announced new partnerships, acquisitions, and expansion ambitions.

Questions answered in the Permanent Magnet Market report

  • Who are the most powerful competitors in the industry, and what are their most effective winning strategies?
  • What regional and national rules and regulations would impede or promote market demand?
  • Are there any opportunities that will help the market grow quickly during the forecast period?

Table of Contents – Major Key Points:

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis 
    • COVID-19 Impact Analysis
    • Impact of Ukraine- Russia war
    • Impact of Ongoing Recession on Major Economies
  5. Value Chain Analysis
  6. Porter’s 5 Forces Model
  7. PEST Analysis
  8. Global Permanent Magnet Market Segment, By Downstream Potential
  9. Global Permanent Magnet Market Segment, Application
  10. Company Profile
  11. Competitive Landscape
  12. USE Cases and Best Practices
  13. Conclusion

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Contact Us:

Akash Anand – Head of Business Development & Strategy

Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

Swapnaja Patil

94 Blog posts