What is the current Permanent Magnet Market size?

The Permanent Magnet Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029) Read More

Who are the key players in Permanent Magnet Market?

Hitachi Metals, Ltd, Shin-Etsu Chemical Co., Ltd, TDK Corporation, Daido Steel Co., Ltd. and Lynas Rare Earths Ltd. are the major companies operating in the Permanent Magnet Market. Read More

Which is the fastest growing region in Permanent Magnet Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Permanent Magnet Market?

In 2024, the Asia Pacific accounts for the largest market share in Permanent Magnet Market. Read More

What years does this Permanent Magnet Market cover?

The report covers the Permanent Magnet Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Permanent Magnet Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major trends shaping the Permanent Magnet Market?

The major trends shaping the Permanent Magnet Market are a) Growing demand from the electronics industry b) Increasing production of personal electronic devices, smart consumer electronics, and industrial electronics c) Increasing electro-mechanical applications Read More

What are the main segments of the Permanent Magnet Market?

The Permanent Magnet Market is segmented by a) Material type: neodymium-iron-boron, ferrite, samarium cobalt, and alnico b) End-user industry: automotive, electronics, industrial, power generation Read More

Permanent Magnet Market Share

Statistics for the 2023 & 2024 Permanent Magnet market share, created by Mordor Intelligence™ Industry Reports. Permanent Magnet share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Permanent Magnet Industry

The permanent magnet market is fragmented in nature. Some of the major players of the market studied include Hitachi Metals, Ltd., Shin-Etsu Chemical Co., Ltd., TDK Corporation, Daido Steel Co., Ltd., and Lynas Rare Earths Ltd., among others (not in any particular order).