Table of Content

1 INTRODUCTION 28
1.1 STUDY OBJECTIVES 28
1.2 MARKET DEFINITION 28
1.2.1 INCLUSIONS & EXCLUSIONS 29
1.3 STUDY SCOPE 30
1.3.1 YEARS CONSIDERED 31
1.4 CURRENCY CONSIDERED 31
1.5 UNITS CONSIDERED 31
1.6 LIMITATIONS 31
1.7 STAKEHOLDERS 32
1.8 SUMMARY OF CHANGES 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
2.1.1 SECONDARY DATA 34
2.1.1.1 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Key data from primary sources 35
2.1.2.2 Key primary participants 35
2.1.2.3 Breakdown of interviews with experts 36
2.1.2.4 Key industry insights 36
2.2 MARKET SIZE ESTIMATION 37
2.2.1 BOTTOM-UP APPROACH 37
2.2.2 TOP-DOWN APPROACH 37
2.3 BASE NUMBER CALCULATION 38
2.3.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 38
2.3.2 APPROACH 2: DEMAND-SIDE ANALYSIS 39
2.4 GROWTH FORECAST 39
2.4.1 SUPPLY SIDE 39
2.4.2 DEMAND SIDE 39
2.5 DATA TRIANGULATION 40
2.6 FACTOR ANALYSIS 41
2.7 RESEARCH ASSUMPTIONS 41
2.8 RESEARCH LIMITATIONS 42
3 EXECUTIVE SUMMARY 43
?
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PERMANENT MAGNET MARKET 47
4.2 PERMANENT MAGNET MARKET, BY TYPE 47
4.3 PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 48
4.4 PERMANENT MAGNET MARKET, BY KEY COUNTRY 48
5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
5.2.1 DRIVERS 50
5.2.1.1 Partnerships between automakers and permanent magnets manufacturers 50
5.2.1.2 Surge in wind turbine installations to drive demand for permanent magnets 50
5.2.1.3 Growing automotive industry in Asia Pacific 51
5.2.2 RESTRAINTS 52
5.2.2.1 Fluctuating raw material costs of rare earth magnets 52
5.2.2.2 Environmental challenges & recycling hurdles in rare earth mining for permanent magnets 53
5.2.3 OPPORTUNITIES 53
5.2.3.1 Growing demand for permanent magnets in EVs and hybrid vehicles 53
5.2.3.2 Increasing efforts to develop environment-friendly magnets 55
5.2.3.3 Global government investments to enhance domestic production of magnets 55
5.2.4 CHALLENGES 56
5.2.4.1 High reliance on China for raw materials and magnets 56
5.2.4.2 Huge investments required in R&D 56
5.2.4.3 Technical challenges to overcome environmental effects during permanent magnet production 57
5.3 PORTER’S FIVE FORCES ANALYSIS 58
5.3.1 THREAT OF NEW ENTRANTS 58
5.3.2 THREAT OF SUBSTITUTES 59
5.3.3 BARGAINING POWER OF SUPPLIERS 59
5.3.4 BARGAINING POWER OF BUYERS 59
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 59
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA 60
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS 60
5.4.2 BUYING CRITERIA 61
5.5 SUPPLY CHAIN ANALYSIS 62
5.5.1 RAW MATERIAL 63
5.5.2 MANUFACTURING PROCESS 63
5.5.3 FINAL PRODUCT 64
5.6 VALUE CHAIN ANALYSIS 64
5.7 ECOSYSTEM ANALYSIS 65
5.8 PRICING ANALYSIS 66
5.8.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2023 66
5.8.2 AVERAGE SELLING PRICE TREND, BY END USE, 2023 67
5.8.3 AVERAGE SELLING PRICE TREND, BY TYPE, 2023 67
5.8.4 AVERAGE SELLING PRICE TREND, BY REGION, 2020-2023 68
5.9 TRADE ANALYSIS 69
5.9.1 EXPORT SCENARIO FOR HS CODE 850511 69
5.9.2 IMPORT SCENARIO FOR HS CODE 850511 70
5.10 TECHNOLOGY ANALYSIS FOR PERMANENT MAGNETS 71
5.10.1 KEY TECHNOLOGY 72
5.10.1.1 Powder Metallurgy 72
5.10.2 COMPLEMENTARY TECHNOLOGY 73
5.10.2.1 Injection Molding 73
5.10.3 ADJACDENT TECHNOLOGY 73
5.10.3.1 Additive Manufacturing 73
5.11 PATENT ANALYSIS 73
5.11.1 INTRODUCTION 73
5.11.2 METHODOLOGY 73
5.11.3 DOCUMENT TYPES 74
5.11.4 INSIGHTS 75
5.11.5 LEGAL STATUS 75
5.11.6 JURISDICTION ANALYSIS 76
5.11.7 TOP APPLICANTS 77
5.11.8 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS 78
5.12 REGULATORY LANDSCAPE 79
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
5.13 KEY CONFERENCES AND EVENTS IN 2024–2025 82
5.14 CASE STUDY ANALYSIS 85
5.14.1 ARNOLD MAGNETIC TECHNOLOGIES LAUNCHED SAMARIUM COBALT PERMANENT MAGNET RECOMA 85
5.14.2 VACUUMSCHMELZE (VAC) PARTNERED WITH CYCLIC MATERIALS TO RECYCLE CRITICAL MAGNET MANUFACTURING BY-PRODUCTS 86
5.15 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 87
5.16 INVESTMENT AND FUNDING SCENARIO 88
5.17 IMPACT OF AI/GEN AI ON PERMANENT MAGNET MARKET 89
5.17.1 TOP USE CASES AND MARKET POTENTIAL 89
5.17.2 CASE STUDIES OF AI IMPLEMENTATION IN PERMANENT MAGNET MARKET 89
5.17.3 CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN PERMANENT MAGNET MARKET 89
?
6 PERMANENT MAGNET MARKET, BY TYPE 90
6.1 INTRODUCTION 91
6.1.1 PERMANENT MAGNET MARKET, BY TYPE 91
6.2 NDFEB MAGNETS 93
6.2.1 GROWING EV SALES TO BOOST DEMAND 93
6.2.2 NDFEB MAGNET: PERMANENT MAGNET MARKET, BY REGION 93
6.3 SMCO MAGNET 94
6.3.1 INCREASING DEMAND OF SMCO MAGNET FROM WIND ENERGY SECTOR TO DRIVE MARKET 94
6.3.2 SMCO MAGNET: PERMANENT MAGNET MARKET, BY REGION 95
6.4 ALNICO MAGNET 96
6.4.1 RISING DEMAND FOR ALNICO IN CONSUMER ELECTRONICS TO DRIVE MARKET 96
6.4.2 ALNICO MAGNET: PERMANENT MAGNET MARKET, BY REGION 96
6.5 FERRITE MAGNET 98
6.5.1 COST-EFFECTIVENESS OF FERRITE MAGNET TO BOOST DEMAND 98
6.5.2 FERRITE MAGNET: PERMANENT MAGNET MARKET, BY REGION 98
6.6 OTHER TYPES 100
6.6.1 OTHER TYPES: PERMANENT MAGNET MARKET, BY REGION 100
7 PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 102
7.1 INTRODUCTION 103
7.1.1 PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 103
7.2 CONSUMER ELECTRONICS 105
7.2.1 INCREASING DEMAND FOR CONSUMER ELECTRONICS IN DEVELOPING COUNTRIES TO DRIVE MARKET 105
7.2.2 PERMANENT MAGNET MARKET IN CONSUMER ELECTRONICS END-USE INDUSTRY, BY REGION 106
7.2.3 DC MOTORS 107
7.2.4 LOUDSPEAKERS 107
7.2.5 GENERATORS 107
7.3 GENERAL INDUSTRIAL 108
7.3.1 INCREASING INDUSTRIAL AUTOMATION TO BOOST MARKET 108
7.3.2 PERMANENT MAGNET MARKET IN GENERAL INDUSTRIAL END-USE INDUSTRY, BY REGION 108
7.3.3 MAGNETIC ASSEMBLIES 109
7.3.4 MAGNETIC SEPARATORS 109
7.4 AUTOMOTIVE 110
7.4.1 GROWING DEMAND FOR PERMANENT MAGNETS FROM EV MANUFACTURERS TO DRIVE MARKET 110
7.4.2 PERMANENT MAGNET MARKET IN AUTOMOTIVE END-USE INDUSTRY, BY REGION 110
7.4.3 MOTORS 111
7.4.4 SENSORS 111
7.4.5 SWITCHES 111
7.5 MEDICAL TECHNOLOGY 112
7.5.1 INCREASING DEMAND FOR MRI SCANNERS TO BOOST MARKET 112
7.5.2 PERMANENT MAGNET MARKET IN MEDICAL TECHNOLOGY END-USE INDUSTRY, BY REGION 112
7.5.3 SCANNING DEVICES 113
7.5.4 IMPLANTABLE DEVICES 113
7.6 ENVIRONMENT & ENERGY 114
7.6.1 INCREASING NUMBER OF WIND ENERGY INSTALLATIONS TO DRIVE DEMAND 114
7.6.2 PERMANENT MAGNET MARKET IN ENVIRONMENT & ENERGY END-USE INDUSTRY, BY REGION 114
7.6.3 WIND TURBINES 116
7.7 AEROSPACE & DEFENSE 116
7.7.1 INCREASING DEMAND FOR PRIVATE JETS TO DRIVE MARKET 116
7.7.2 PERMANENT MAGNET MARKET IN AEROSPACE & DEFENSE END-USE INDUSTRY, BY REGION 117
7.7.3 ELECTRIC ENGINES 118
7.7.4 MAGNETIC BEARINGS 118
7.8 OTHER END-USE INDUSTRIES 118
7.8.1 PERMANENT MAGNET MARKET IN OTHER END-USE INDUSTRIES, BY REGION 119
8 PERMANENT MAGNET MARKET, BY REGION 121
8.1 INTRODUCTION 122
8.2 NORTH AMERICA 124
8.2.1 PERMANENT MAGNET MARKET IN NORTH AMERICA, BY TYPE 125
8.2.2 PERMANENT MAGNET MARKET IN NORTH AMERICA, BY END-USE INDUSTRY 127
8.2.3 PERMANENT MAGNET MARKET IN NORTH AMERICA, BY COUNTRY 129
8.2.3.1 US 130
8.2.3.1.1 Surge in sales of EVs and smart home electronic goods to drive market 130
8.2.3.2 Canada 133
8.2.3.2.1 Growing end-use industries of permanent magnets to drive market 133
8.2.3.3 Mexico 135
8.2.3.3.1 Rapid industrialization to drive market 135
8.3 EUROPE 137
8.3.1 PERMANENT MAGNET MARKET IN EUROPE, BY TYPE 138
8.3.2 PERMANENT MAGNET MARKET IN EUROPE, BY END-USE INDUSTRY 140
8.3.3 PERMANENT MAGNET MARKET IN EUROPE, BY COUNTRY 141
8.3.3.1 Germany 143
8.3.3.1.1 Growing demand from automotive industry to boost market 143
8.3.3.2 France 144
8.3.3.2.1 Investments in rare earth recycling projects to drive market 144
?
8.3.3.3 UK 146
8.3.3.3.1 Increase in offshore wind installations to create huge demand for permanent magnets 146
8.3.3.4 Italy 148
8.3.3.4.1 Growing applications in medical technologies to boost market 148
8.3.3.5 Russia 150
8.3.3.5.1 High military spending to drive market 150
8.3.3.6 Rest of Europe 152
8.4 ASIA PACIFIC 154
8.4.1 PERMANENT MAGNET MARKET IN ASIA PACIFIC, BY TYPE 155
8.4.2 PERMANENT MAGNET MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY 156
8.4.3 PERMANENT MAGNET MARKET IN ASIA PACIFIC, BY COUNTRY 158
8.4.3.1 China 159
8.4.3.1.1 Presence of large rare earth element reserves to drive market 159
8.4.3.2 Japan 161
8.4.3.2.1 Investments in extraction of rare earth elements to drive market 161
8.4.3.3 India 163
8.4.3.3.1 Growth of electronic industry to boost demand for permanent magnets 163
8.4.3.4 South Korea 165
8.4.3.4.1 Rising demand from aerospace & defense industry to boost market 165
8.4.3.5 Indonesia 166
8.4.3.5.1 Growing demand for permanent magnets from EV industry 166
8.4.3.6 Rest of Asia Pacific 168
8.5 MIDDLE EAST & AFRICA 170
8.5.1 PERMANENT MAGNET MARKET IN MIDDLE EAST & AFRICA, BY TYPE 171
8.5.2 PERMANENT MAGNET MARKET IN MIDDLE EAST & AFRICA, BY END-USE INDUSTRY 172
8.5.3 PERMANENT MAGNET MARKET IN MIDDLE EAST & AFRICA, BY COUNTRY 174
8.5.3.1 GCC Countries 176
8.5.3.1.1 UAE 178
8.5.3.1.1.1 Rise in infrastructure developments to boost market 178
8.5.3.1.2 Saudi Arabia 180
8.5.3.1.2.1 Presence of large oil fields to boost market 180
8.5.3.1.3 Rest of GCC Countries 182
8.5.3.2 South Africa 184
8.5.3.2.1 Governmental support for manufacturing sector to boost market 184
8.5.3.3 Rest of Middle East & Africa 186
?
8.6 SOUTH AMERICA 188
8.6.1 PERMANENT MAGNET MARKET IN SOUTH AMERICA, BY TYPE 189
8.6.2 PERMANENT MAGNET MARKET IN SOUTH AMERICA, BY END-USE INDUSTRY 190
8.6.3 PERMANENT MAGNET MARKET IN SOUTH AMERICA, BY COUNTRY 192
8.6.3.1 Brazil 193
8.6.3.1.1 Investments in REE projects to positively impact permanent magnet market 193
8.6.3.2 Argentina 195
8.6.3.2.1 Growing demand for permanent magnets from automotive industry to drive market 195
8.6.3.3 Rest of South America 197
9 COMPETITIVE LANDSCAPE 199
9.1 OVERVIEW 199
9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 199
9.3 REVENUE ANALYSIS, 2019–2023 200
9.4 MARKET SHARE ANALYSIS, 2023 201
9.4.1 MARKET RANKING 202
9.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 203
9.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 205
9.6.1 STARS 205
9.6.2 EMERGING LEADERS 205
9.6.3 PERVASIVE PLAYERS 205
9.6.4 PARTICIPANTS 206
9.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 207
9.6.5.1 Company footprint 207
9.6.5.2 Type footprint 208
9.6.5.3 End-use industry footprint 209
9.6.5.4 Region footprint 210
9.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 210
9.7.1 PROGRESSIVE COMPANIES 210
9.7.2 RESPONSIVE COMPANIES 210
9.7.3 DYNAMIC COMPANIES 211
9.7.4 STARTING BLOCKS 211
9.7.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 212
9.8 COMPANY VALUATION AND FINANCIAL METRICS 212
9.9 COMPETITIVE SCENARIO 213
9.9.1 DEALS 213
9.9.2 EXPANSIONS 215
?
10 COMPANY PROFILES 216
10.1 KEY COMPANIES 216
10.1.1 PROTERIAL, LTD. 216
10.1.1.1 Business overview 216
10.1.1.2 Products offered 216
10.1.1.3 MnM view 217
10.1.1.3.1 Right to win 217
10.1.1.3.2 Strategic choices 217
10.1.1.3.3 Weaknesses and competitive threats 217
10.1.2 ARNOLD MAGNETIC TECHNOLOGIES 218
10.1.2.1 Business overview 218
10.1.2.2 Products offered 218
10.1.2.3 Recent developments 219
10.1.2.3.1 Deals 219
10.1.2.3.2 Expansions 219
10.1.2.4 MnM view 220
10.1.2.4.1 Right to win 220
10.1.2.4.2 Strategic choices 220
10.1.2.4.3 Weaknesses and competitive threats 220
10.1.3 TDK CORPORATION 221
10.1.3.1 Business overview 221
10.1.3.2 Product offered 222
10.1.3.3 Recent developments 223
10.1.3.3.1 Deals 223
10.1.3.4 MnM view 223
10.1.3.4.1 Right to win 223
10.1.3.4.2 Strategic choices 223
10.1.3.4.3 Weaknesses and competitive threats 223
10.1.4 YANTAI DONGXING MAGNETIC MATERIALS INC. 224
10.1.4.1 Business overview 224
10.1.4.2 Products offered 224
10.1.4.3 MnM view 224
10.1.4.3.1 Right to win 224
10.1.4.3.2 Strategic choices 225
10.1.4.3.3 Weaknesses and competitive threats 225
10.1.5 SHIN-ETSU CHEMICAL CO., LTD. 226
10.1.5.1 Business overview 226
10.1.5.2 Products offered 227
10.1.5.3 MnM view 228
10.1.5.3.1 Right to win 228
10.1.5.3.2 Strategic choices 228
10.1.5.3.3 Weaknesses and competitive threats 228
10.1.6 ELECTRON ENERGY CORPORATION 229
10.1.6.1 Business overview 229
10.1.6.2 Products Offered 229
10.1.6.3 Recent developments 230
10.1.6.3.1 Deals 230
10.1.6.4 MnM view 230
10.1.6.4.1 Right to win 230
10.1.6.4.2 Strategic choices 230
10.1.6.4.3 Weaknesses and competitive threats 231
10.1.7 ADAMS MAGNETIC PRODUCTS, LLC 232
10.1.7.1 Business overview 232
10.1.7.2 Products offered 232
10.1.7.3 Recent developments 233
10.1.7.3.1 Expansions 233
10.1.7.4 MnM view 234
10.1.7.4.1 Right to win 234
10.1.7.4.2 Strategic choices 234
10.1.7.4.3 Weaknesses and competitive threats 234
10.1.8 BUNTING MAGNETICS CO. 235
10.1.8.1 Business overview 235
10.1.8.2 Products offered 235
10.1.8.3 Recent developments 236
10.1.8.3.1 Deals 236
10.1.8.4 MnM view 237
10.1.8.4.1 Right to win 237
10.1.8.4.2 Strategic choices 237
10.1.8.4.3 Weaknesses and competitive threats 237
10.1.9 TENGAM ENGINEERING, INC. 238
10.1.9.1 Business overview 238
10.1.9.2 Products offered 238
10.1.9.3 MnM view 239
10.1.9.3.1 Right to win 239
10.1.9.3.2 Strategic choices 239
10.1.9.3.3 Weaknesses and competitive threats 239
10.1.10 NINGBO YUNSHENG CO., LTD. 240
10.1.10.1 Business overview 240
10.1.10.2 Products offered 241
10.1.10.3 MnM view 242
10.1.10.3.1 Right to win 242
10.1.10.3.2 Strategic choices 242
10.1.10.3.3 Weaknesses and competitive threats 242
?
10.1.11 CHENGDU GALAXY MAGNETS CO., LTD. 243
10.1.11.1 Business overview 243
10.1.11.2 Products offered 244
10.1.11.3 MnM view 245
10.1.11.3.1 Right to win 245
10.1.11.3.2 Strategic choices 245
10.1.11.3.3 Weaknesses and competitive threats 245
10.1.12 GOUDSMIT MAGNETICS 246
10.1.12.1 Business overview 246
10.1.12.2 Products offered 246
10.1.12.3 MnM view 247
10.1.12.3.1 Right to win 247
10.1.12.3.2 Strategic choices 247
10.1.12.3.3 Weaknesses and competitive threats 247
10.1.13 ECLIPSE MAGNETICS 248
10.1.13.1 Business overview 248
10.1.13.2 Products offered 248
10.1.13.3 MnM view 249
10.1.13.3.1 Right to win 249
10.1.13.3.2 Strategic choices 249
10.1.13.3.3 Weaknesses and competitive threats 249
10.1.14 DEXTER MAGNETIC TECHNOLOGIES 250
10.1.14.1 Business overview 250
10.1.14.2 Products offered 250
10.1.14.3 Recent developments 251
10.1.14.3.1 Deals 251
10.1.14.3.2 Expansions 251
10.1.14.4 MnM view 252
10.1.14.4.1 Right to win 252
10.1.14.4.2 Strategic choices 252
10.1.14.4.3 Weaknesses and competitive threats 252
10.1.15 EARTH-PANDA ADVANCED MAGNETIC MATERIAL CO., LTD. 253
10.1.15.1 Business overview 253
10.1.15.2 Products offered 253
10.1.15.3 MnM view 254
10.1.15.3.1 Right to win 254
10.1.15.3.2 Strategic choices 254
10.1.15.3.3 Weaknesses and competitive threats 254
?
10.2 OTHER PLAYERS 255
10.2.1 HANGZHOU PERMANENT MAGNET GROUP., LTD 255
10.2.2 JPMF GUANGDONG CO., LTD 256
10.2.3 NINGBO NINGGANG PERMANENT MAGNETIC MATERIALS CO., LTD. 256
10.2.4 THOMAS AND SKINNER INC. 257
10.2.5 YANTAI ZHENGHAI MAGNETIC MATERIAL CO., LTD. 257
10.2.6 NINGBO CO-STAR MATERIALS HI-TECH CO., LTD. 258
10.2.7 NINGBO RISHENG MAGNETS CO., LTD. 258
10.2.8 VACUUMSCHMELZE GMBH & CO. KG 259
10.2.9 DAIDO ELECTRONICS CO., LTD. 260
10.2.10 PERMANENT MAGNETS LTD. 261
10.2.11 MAGNEQUENCH INTERNATIONAL, LLC 261
11 APPENDIX 262
11.1 DISCUSSION GUIDE 262
11.2 KNOWLEDGESTORE: MARKETSANDMARKETS? SUBSCRIPTION PORTAL 264
11.3 CUSTOMIZATION OPTIONS 266
11.4 RELATED REPORTS 266
11.5 AUTHOR DETAILS 267



List of Figures

FIGURE 1 PERMANENT MAGNET: MARKET SEGMENTATION 30
FIGURE 2 PERMANENT MAGNET MARKET: RESEARCH DESIGN 33
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
FIGURE 5 METHODOLOGY FOR “SUPPLY-SIDE” SIZING OF PERMANENT MAGNET MARKET 38
FIGURE 6 METHODOLOGY FOR “DEMAND-SIDE” SIZING OF PERMANENT MAGNET MARKET 39
FIGURE 7 PERMANENT MAGNET MARKET: DATA TRIANGULATION 40
FIGURE 8 NEODYMIUM IRON BORON MAGNET DOMINATED
PERMANENT MAGNET MARKET IN 2023 44
FIGURE 9 CONSUMER ELECTRONICS END-USE INDUSTRY LED PERMANENT MAGNET MARKET IN 2023 44
FIGURE 10 CHINA DOMINATED PERMANENT MAGNET MARKET DURING FORECAST PERIOD 45
FIGURE 11 ASIA PACIFIC LED PERMANENT MAGNET MARKET IN 2023 46
FIGURE 12 HIGH DEMAND FROM END-USE INDUSTRIES TO
DRIVE PERMANENT MAGNET MARKET 47
FIGURE 13 FERRITE MAGNET TYPE DOMINATED OVERALL MARKET, BY VOLUME, IN 2023 47
FIGURE 14 GENERAL INDUSTRIAL SEGMENT ACCOUNTED FOR SIGNIFICANT SHARE IN PERMANENT MAGNET MARKET 48
FIGURE 15 MARKET IN US TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 48
FIGURE 16 PERMANENT MAGNET MARKET: DRIVERS, RESTRAINTS OPPORTUNITIES, AND CHALLENGES 49
FIGURE 17 EV SALES, BY MAJOR MARKET (REGION/COUNTRY), 2023 54
FIGURE 18 EV SALES FORECAST 54
FIGURE 19 RARE EARTH RESERVES, 2022 56
FIGURE 20 PERMANENT MAGNET MARKET: PORTER’S FIVE FORCES ANALYSIS 58
FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
FOR TOP THREE END-USE INDUSTRIES 60
FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 61
FIGURE 23 PERMANENT MAGNET MARKET: SUPPLY CHAIN ANALYSIS 62
FIGURE 24 PERMANENT MAGNET MARKET: RAW MATERIAL 63
FIGURE 25 PERMANENT MAGNET MARKET: VALUE CHAIN ANALYSIS 64
FIGURE 26 PERMANENT MAGNET MARKET: KEY STAKEHOLDERS IN ECOSYSTEM 65
FIGURE 27 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2023 66
FIGURE 28 AVERAGE SELLING PRICE OF PERMANENT MAGNET, BY END USE (USD/KG), 2023 67
FIGURE 29 AVERAGE SELLING PRICE TREND OF PERMANENT MAGNET BY TYPE (USD/KG), 2023 67
FIGURE 30 EXPORT OF PERMANENT MAGNETS, BY KEY COUNTRY 2019–2023 (USD THOUSAND) 69
FIGURE 31 IMPORT OF PERMANENT MAGNET, BY KEY COUNTRY 2019–2023 (USD THOUSAND) 70
FIGURE 32 PATENT ANALYSIS, BY DOCUMENT TYPE 74
FIGURE 33 PATENT PUBLICATION TREND, 2014?2024 74
FIGURE 34 PERMANENT MAGNET MARKET: LEGAL STATUS OF PATENTS 75
FIGURE 35 CHINESE JURISDICTION REGISTERED HIGHEST NUMBER OF PATENTS BETWEEN 2014 AND 2024 76
FIGURE 36 MITSUBISHI ELECTRIC CORPORATION REGISTERED HIGHEST NUMBER OF PATENTS 77
FIGURE 37 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS IN
PERMANENT MAGNET MARKET 87
FIGURE 38 DEALS AND FUNDING IN PERMANENT MAGNET MARKET SOARED IN 2022 88
FIGURE 39 PROMINENT PERMANENT MAGNET MANUFACTURING FIRMS IN
2024 (USD MILLION) 88
FIGURE 40 NDFEB MAGNETS TO DOMINATE MARKET DURING FORECAST PERIOD 91
FIGURE 41 CONSUMER ELECTRONICS INDUSTRY TO CONTINUE LEADING PERMANENT MAGNET MARKET 103
FIGURE 42 CHINA TO BE FASTEST-GROWING PERMANENT MAGNET MARKET 122
FIGURE 43 NORTH AMERICA: PERMANENT MAGNET MARKET SNAPSHOT 125
FIGURE 44 EUROPE: PERMANENT MAGNET MARKET SNAPSHOT 138
FIGURE 45 ASIA PACIFIC: PERMANENT MAGNET MARKET SNAPSHOT 154
FIGURE 46 PERMANENT MAGNET MARKET: REVENUE ANALYSIS OF
TOP-THREE MARKET PLAYERS, 2019–2023 200
FIGURE 47 SHARES OF TOP COMPANIES IN PERMANENT MAGNET MARKET, 2023 201
FIGURE 48 RANKING OF TOP FIVE PLAYERS IN PERMANENT MAGNET MARKET 202
FIGURE 49 PERMANENT MAGNET MARKET: TOP TRENDING BRAND/PRODUCTS 203
FIGURE 50 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY PERMANENT MAGNET PRODUCT 204
FIGURE 51 PERMANENT MAGNET MARKET:
COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 206
FIGURE 52 PERMANENT MAGNET MARKET: COMPANY FOOTPRINT 207
FIGURE 53 PERMANENT MAGNET MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 211
FIGURE 54 PERMANENT MAGNET MARKET: ENTERPRISE VALUE/EBITDA OF KEY VENDORS 212
FIGURE 55 COMPANY VALUATION 213
FIGURE 56 TDK CORPORATION: COMPANY SNAPSHOT 222
FIGURE 57 SHIN-ETSU CHEMICAL CO., LTD.: COMPANY SNAPSHOT 227
FIGURE 58 NINGBO YUNSHENG CO., LTD.: COMPANY SNAPSHOT 241
FIGURE 59 CHENGDU GALAXY MAGNETS CO., LTD.: COMPANY SNAPSHOT 243

List of Tables

TABLE 1 ONSHORE WIND OUTLOOK FOR NEW INSTALLATIONS (GW) 51
TABLE 2 AUTOMOTIVE PRODUCTION STATISTICS, BY REGION (2023) 52
TABLE 3 NEODYMIUM PRICE VOLATILITY, 2021–2024 53
TABLE 4 PERMANENT MAGNET MARKET: PORTER’S FIVE FORCES ANALYSIS 60
TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES IN PERMANENT MAGNET MARKET 61
TABLE 6 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES IN PERMANENT MAGNET MARKET 61
TABLE 7 PERMANENT MAGNET MARKET: ROLE OF COMPANIES IN ECOSYSTEM 62
TABLE 8 PERMANENT MAGNET MARKET: ROLES OF COMPANIES IN ECOSYSTEM 65
TABLE 9 AVERAGE SELLING PRICE TREND, BY REGION, 2020-2023 68
TABLE 10 TOP 10 EXPORTING COUNTRIES IN 2023 69
TABLE 11 TOP 10 IMPORTING COUNTRIES IN 2023 70
TABLE 12 PERMANENT MAGNET MARKET: TOTAL NUMBER OF PATENTS 74
TABLE 13 LIST OF PATENTS BY MITSUBISHI ELECTRIC CORPORATION 77
TABLE 14 LIST OF PATENTS BY UNIVERSITY OF JIANGSU 78
TABLE 15 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 79
TABLE 16 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 80
TABLE 17 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 81
TABLE 18 REST OF WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 81
TABLE 19 CURRENT STANDARD CODES FOR PERMANENT MAGNETS 82
TABLE 20 PERMANENT MAGNET MARKET: KEY CONFERENCES AND EVENTS, 2024–2025 82
TABLE 21 TOP USE CASES AND MARKET POTENTIAL 89
TABLE 22 CASE STUDIES OF GEN AI IMPLEMENTATION IN PERMANENT MAGNET MARKET 89
TABLE 23 PERMANENT MAGNET MARKET, BY TYPE, 2020–2023 (USD MILLION) 91
TABLE 24 PERMANENT MAGNET MARKET, BY TYPE, 2020–2023 (KILOTON) 92
TABLE 25 PERMANENT MAGNET MARKET, BY TYPE, 2024–2029 (USD MILLION) 92
TABLE 26 PERMANENT MAGNET MARKET, BY TYPE, 2024–2029 (KILOTON) 92
TABLE 27 NDFEB MAGNET: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (USD MILLION) 93
TABLE 28 NDFEB MAGNET: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (KILOTON) 93
TABLE 29 NDFEB MAGNET: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (USD MILLION) 94
TABLE 30 NDFEB MAGNET: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (KILOTON) 94
TABLE 31 SMCO MAGNET: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (USD MILLION) 95
TABLE 32 SMCO MAGNET: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (KILOTON) 95
TABLE 33 SMCO MAGNET: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (USD MILLION) 95
TABLE 34 SMCO MAGNET: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (KILOTON) 96
TABLE 35 ALNICO MAGNET: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (USD MILLION) 96
TABLE 36 ALNICO MAGNET: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (KILOTON) 97
TABLE 37 ALNICO MAGNET: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (USD MILLION) 97
TABLE 38 ALNICO MAGNET: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (KILOTON) 97
TABLE 39 FERRITE MAGNET: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (USD MILLION) 98
TABLE 40 FERRITE MAGNET: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (KILOTON) 98
TABLE 41 FERRITE MAGNET: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (USD MILLION) 99
TABLE 42 FERRITE MAGNET: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (KILOTON) 99
TABLE 43 OTHER TYPES: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (USD MILLION) 100
TABLE 44 OTHER TYPES: PERMANENT MAGNET MARKET, BY REGION 2020–2023 (KILOTON) 100
TABLE 45 OTHER TYPES: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (USD MILLION) 100
TABLE 46 OTHER TYPES: PERMANENT MAGNET MARKET, BY REGION 2024–2029 (KILOTON) 101
TABLE 47 PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 103
TABLE 48 PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (KILOTON) 104
TABLE 49 PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 104
TABLE 50 PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON) 104
TABLE 51 PERMANENT MAGNET MARKET IN CONSUMER ELECTRONICS, BY REGION 2020–2023 (USD MILLION) 106
TABLE 52 PERMANENT MAGNET MARKET IN CONSUMER ELECTRONICS, BY REGION 2020–2023 (KILOTON) 106
TABLE 53 PERMANENT MAGNET MARKET IN CONSUMER ELECTRONICS, BY REGION 2024–2029 (USD MILLION) 106
TABLE 54 PERMANENT MAGNET MARKET IN CONSUMER ELECTRONICS, BY REGION 2024–2029 (KILOTON) 107
TABLE 55 PERMANENT MAGNET MARKET IN GENERAL INDUSTRIAL, BY REGION 2020–2023 (USD MILLION) 108
TABLE 56 PERMANENT MAGNET MARKET IN GENERAL INDUSTRIAL, BY REGION 2020–2023 (KILOTON) 108
TABLE 57 PERMANENT MAGNET MARKET IN GENERAL INDUSTRIAL, BY REGION 2024–2029 (USD MILLION) 109
TABLE 58 PERMANENT MAGNET MARKET IN GENERAL INDUSTRIAL, BY REGION 2024–2029 (KILOTON) 109
TABLE 59 PERMANENT MAGNET MARKET IN AUTOMOTIVE, BY REGION 2020–2023 (USD MILLION) 110
TABLE 60 PERMANENT MAGNET MARKET IN AUTOMOTIVE, BY REGION 2020–2023 (KILOTON) 110
TABLE 61 PERMANENT MAGNET MARKET IN AUTOMOTIVE, BY REGION 2024–2029 (USD MILLION) 111
TABLE 62 PERMANENT MAGNET MARKET IN AUTOMOTIVE, BY REGION 2024–2029 (KILOTON) 111
TABLE 63 PERMANENT MAGNET MARKET IN MEDICAL TECHNOLOGY, BY REGION 2020–2023 (USD MILLION) 112
TABLE 64 PERMANENT MAGNET MARKET IN MEDICAL TECHNOLOGY, BY REGION 2020–2023 (KILOTON) 112
TABLE 65 PERMANENT MAGNET MARKET IN MEDICAL TECHNOLOGY, BY REGION 2024–2029 (USD MILLION) 113
TABLE 66 PERMANENT MAGNET MARKET IN MEDICAL TECHNOLOGY, BY REGION 2024–2029 (KILOTON) 113
TABLE 67 ESTIMATED NEW ONSHORE WIND INSTALLATIONS, BY REGION, 2023–2027 114
TABLE 68 PERMANENT MAGNET MARKET IN ENVIRONMENT & ENERGY, BY REGION 2020–2023 (USD MILLION) 114
TABLE 69 PERMANENT MAGNET MARKET IN ENVIRONMENT & ENERGY, BY REGION 2020–2023 (KILOTON) 115
TABLE 70 PERMANENT MAGNET MARKET IN ENVIRONMENT & ENERGY, BY REGION 2024–2029 (USD MILLION) 115
TABLE 71 PERMANENT MAGNET MARKET IN ENVIRONMENT & ENERGY, BY REGION 2024–2029 (KILOTON) 115
TABLE 72 PROJECTED DELIVERIES IN GLOBAL COMMERCIAL AIRCRAFT FLEET FROM
2023 TO 2042, BY AIRCRAFT TYPE, 2023–2042 116
TABLE 73 PERMANENT MAGNET MARKET IN AEROSPACE & DEFENSE, BY REGION 2020–2023 (USD MILLION) 117
TABLE 74 PERMANENT MAGNET MARKET IN AEROSPACE & DEFENSE, BY REGION 2020–2023 (KILOTON) 117
TABLE 75 PERMANENT MAGNET MARKET IN AEROSPACE & DEFENSE, BY REGION 2024–2029 (USD MILLION) 117
TABLE 76 PERMANENT MAGNET MARKET IN AEROSPACE & DEFENSE, BY REGION 2024–2029 (KILOTON) 118
TABLE 77 PERMANENT MAGNET MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2020–2023 (USD MILLION) 119
TABLE 78 PERMANENT MAGNET MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2020–2023 (KILOTON) 119
TABLE 79 PERMANENT MAGNET MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2024–2029 (USD MILLION) 119
TABLE 80 PERMANENT MAGNET MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2024–2029 (KILOTON) 120
TABLE 81 PERMANENT MAGNET MARKET, BY REGION, 2020–2023 (USD MILLION) 123
TABLE 82 PERMANENT MAGNET MARKET, BY REGION, 2020–2023 (KILOTON) 123
TABLE 83 PERMANENT MAGNET MARKET, BY REGION, 2024–2029 (USD MILLION) 123
TABLE 84 PERMANENT MAGNET MARKET, BY REGION, 2024–2029 (KILOTON) 124
TABLE 85 NORTH AMERICA: PERMANENT MAGNET MARKET, BY TYPE 2020–2023 (USD MILLION) 125
TABLE 86 NORTH AMERICA: PERMANENT MAGNET MARKET, BY TYPE 2020–2023 (KILOTON) 126
TABLE 87 NORTH AMERICA: PERMANENT MAGNET MARKET, BY TYPE 2024–2029 (USD MILLION) 126
TABLE 88 NORTH AMERICA: PERMANENT MAGNET MARKET, BY TYPE 2024–2029 (KILOTON) 126
TABLE 89 NORTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 127
TABLE 90 NORTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 127
TABLE 91 NORTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 128
TABLE 92 NORTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 128
TABLE 93 NORTH AMERICA: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (USD MILLION) 129
TABLE 94 NORTH AMERICA: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (KILOTON) 129
TABLE 95 NORTH AMERICA: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (USD MILLION) 129
TABLE 96 NORTH AMERICA: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (KILOTON) 129
TABLE 97 US: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 131
TABLE 98 US: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 131
TABLE 99 US: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 132
TABLE 100 US: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 132
TABLE 101 CANADA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 133
TABLE 102 CANADA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 133
TABLE 103 CANADA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 134
TABLE 104 CANADA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 134
TABLE 105 MEXICO: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 135
TABLE 106 MEXICO: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 136
TABLE 107 MEXICO: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 136
TABLE 108 MEXICO: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 137
TABLE 109 EUROPE: PERMANENT MAGNET MARKET, BY TYPE, 2020–2023 (USD MILLION) 138
TABLE 110 EUROPE: PERMANENT MAGNET MARKET, BY TYPE, 2020–2023 (KILOTON) 139
TABLE 111 EUROPE: PERMANENT MAGNET MARKET, BY TYPE, 2024–2029 (USD MILLION) 139
TABLE 112 EUROPE: PERMANENT MAGNET MARKET, BY TYPE, 2024–2029 (KILOTON) 139
TABLE 113 EUROPE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 140
TABLE 114 EUROPE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 140
TABLE 115 EUROPE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 140
TABLE 116 EUROPE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 141
TABLE 117 EUROPE: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (USD MILLION) 141
TABLE 118 EUROPE: PERMANENT MAGNET MARKET, BY COUNTRY, 2020–2023 (KILOTON) 141
TABLE 119 EUROPE: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (USD MILLION) 142
TABLE 120 EUROPE: PERMANENT MAGNET MARKET, BY COUNTRY, 2024–2029 (KILOTON) 142
TABLE 121 GERMANY: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 143
TABLE 122 GERMANY: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 143
TABLE 123 GERMANY: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 144
TABLE 124 GERMANY: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 144
TABLE 125 FRANCE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 145
TABLE 126 FRANCE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 145
TABLE 127 FRANCE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 146
TABLE 128 FRANCE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 146
TABLE 129 UK: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 147
TABLE 130 UK: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 147
TABLE 131 UK: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 147
TABLE 132 UK: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 148
TABLE 133 ITALY: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 149
TABLE 134 ITALY: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 149
TABLE 135 ITALY: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 150
TABLE 136 ITALY: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 150
TABLE 137 RUSSIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 151
TABLE 138 RUSSIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 151
TABLE 139 RUSSIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 151
TABLE 140 RUSSIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 152
TABLE 141 REST OF EUROPE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 152
TABLE 142 REST OF EUROPE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 153
TABLE 143 REST OF EUROPE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 153
TABLE 144 REST OF EUROPE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 153
TABLE 145 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY TYPE 2020–2023 (USD MILLION) 155
TABLE 146 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY TYPE, 2020–2023 (KILOTON) 155
TABLE 147 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY TYPE 2024–2029 (USD MILLION) 155
TABLE 148 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY TYPE, 2024–2029 (KILOTON) 156
TABLE 149 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 156
TABLE 150 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 156
TABLE 151 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 157
TABLE 152 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 157
TABLE 153 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (USD MILLION) 158
TABLE 154 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (KILOTON) 158
TABLE 155 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (USD MILLION) 158
TABLE 156 ASIA PACIFIC: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (KILOTON) 159
TABLE 157 CHINA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 160
TABLE 158 CHINA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 160
TABLE 159 CHINA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 160
TABLE 160 CHINA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 161
TABLE 161 JAPAN: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 162
TABLE 162 JAPAN: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 162
TABLE 163 JAPAN: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 162
TABLE 164 JAPAN: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 163
TABLE 165 INDIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 163
TABLE 166 INDIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 164
TABLE 167 INDIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 164
TABLE 168 INDIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 164
TABLE 169 SOUTH KOREA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 165
TABLE 170 SOUTH KOREA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 165
TABLE 171 SOUTH KOREA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 166
TABLE 172 SOUTH KOREA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 166
TABLE 173 INDONESIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 167
TABLE 174 INDONESIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 167
TABLE 175 INDONESIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 168
TABLE 176 INDONESIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 168
TABLE 177 REST OF ASIA PACIFIC: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 169
TABLE 178 REST OF ASIA PACIFIC: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (KILOTON) 169
TABLE 179 REST OF ASIA PACIFIC: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 170
TABLE 180 REST OF ASIA PACIFIC: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON) 170
TABLE 181 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY TYPE 2020–2023 (USD MILLION) 171
TABLE 182 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY TYPE 2020–2023 (KILOTON) 171
TABLE 183 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY TYPE 2024–2029 (USD MILLION) 171
TABLE 184 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY TYPE 2024–2029 (KILOTON) 172
TABLE 185 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 172
TABLE 186 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (KILOTON) 173
TABLE 187 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 173
TABLE 188 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON) 174
TABLE 189 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (USD MILLION) 174
TABLE 190 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (KILOTON) 175
TABLE 191 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (USD MILLION) 175
TABLE 192 MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (KILOTON) 176
TABLE 193 GCC COUNTRIES: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 177
TABLE 194 GCC COUNTRIES: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 177
TABLE 195 GCC COUNTRIES: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 177
TABLE 196 GCC COUNTRIES: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 178
TABLE 197 UAE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 178
TABLE 198 UAE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 179
TABLE 199 UAE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 179
TABLE 200 UAE: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 179
TABLE 201 SAUDI ARABIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 180
TABLE 202 SAUDI ARABIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 181
TABLE 203 SAUDI ARABIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 181
TABLE 204 SAUDI ARABIA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 182
TABLE 205 REST OF GCC COUNTRIES: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 182
TABLE 206 REST OF GCC COUNTRIES: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (KILOTON) 183
TABLE 207 REST OF GCC COUNTRIES: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 183
TABLE 208 REST OF GCC COUNTRIES: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON) 184
TABLE 209 SOUTH AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 184
TABLE 210 SOUTH AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 185
TABLE 211 SOUTH AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 185
TABLE 212 SOUTH AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 186
TABLE 213 REST OF MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 186
TABLE 214 REST OF MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (KILOTON) 187
TABLE 215 REST OF MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 187
TABLE 216 REST OF MIDDLE EAST & AFRICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON) 188
TABLE 217 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY TYPE 2020–2023 (USD MILLION) 189
TABLE 218 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY TYPE, 2020–2023 (KILOTON) 189
TABLE 219 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY TYPE, 2024–2029 (USD MILLION) 189
TABLE 220 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY TYPE 2024–2029 (KILOTON) 190
TABLE 221 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 190
TABLE 222 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 191
TABLE 223 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 191
TABLE 224 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 191
TABLE 225 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (USD MILLION) 192
TABLE 226 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY COUNTRY 2020–2023 (KILOTON) 192
TABLE 227 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (USD MILLION) 192
TABLE 228 SOUTH AMERICA: PERMANENT MAGNET MARKET, BY COUNTRY 2024–2029 (KILOTON) 193
TABLE 229 BRAZIL: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 193
TABLE 230 BRAZIL: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 194
TABLE 231 BRAZIL: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 194
TABLE 232 BRAZIL: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 194
TABLE 233 ARGENTINA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (USD MILLION) 195
TABLE 234 ARGENTINA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2020–2023 (KILOTON) 195
TABLE 235 ARGENTINA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (USD MILLION) 196
TABLE 236 ARGENTINA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY 2024–2029 (KILOTON) 196
TABLE 237 REST OF SOUTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 197
TABLE 238 REST OF SOUTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2020–2023 (KILOTON) 197
TABLE 239 REST OF SOUTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 198
TABLE 240 REST OF SOUTH AMERICA: PERMANENT MAGNET MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON) 198
TABLE 241 STRATEGIES ADOPTED BY PERMANENT MAGNET MANUFACTURERS 199
TABLE 242 DEGREE OF COMPETITION: PERMANENT MAGNET MARKET 201
TABLE 243 PERMANENT MAGNET MARKET: BY TYPE FOOTPRINT 208
TABLE 244 PERMANENT MAGNET MARKET: END-USE INDUSTRY FOOTPRINT 209
TABLE 245 PERMANENT MAGNET MARKET: REGION FOOTPRINT 210
TABLE 246 PERMANENT MAGNET MARKET: KEY STARTUPS/SMES 212
TABLE 247 PERMANENT MAGNET MARKET: DEALS, JANUARY 2018–DECEMBER 2024 213
TABLE 248 PERMANENT MAGNET MARKET: EXPANSIONS, JANUARY 2018–DECEMBER 2024 215
TABLE 249 PROTERIAL, LTD.: COMPANY OVERVIEW 216
TABLE 250 PROTERIAL, LTD.: PRODUCTS OFFERED 216
TABLE 251 ARNOLD MAGNETIC TECHNOLOGIES: COMPANY OVERVIEW 218
TABLE 252 ARNOLD MAGNETIC TECHNOLOGIES: PRODUCTS OFFERED 218
TABLE 253 ARNOLD MAGNETIC TECHNOLOGIES: DEALS 219
TABLE 254 ARNOLD MAGNETIC TECHNOLOGIES: EXPANSIONS 219
TABLE 255 TDK CORPORATION: COMPANY OVERVIEW 221
TABLE 256 TDK CORPORATION: PRODUCTS OFFERED 222
TABLE 257 TDK CORPORATION: DEALS 223
TABLE 258 YANTAI DONGXING MAGNETIC MATERIALS INC.: COMPANY OVERVIEW 224
TABLE 259 YANTAI DONGXING MAGNETIC MATERIALS INC.: PRODUCTS OFFERED 224
TABLE 260 SHIN-ETSU CHEMICAL CO., LTD.: COMPANY OVERVIEW 226
TABLE 261 SHIN-ETSU CHEMICAL CO., LTD.: PRODUCTS OFFERED 227
TABLE 262 ELECTRON ENERGY CORPORATION: COMPANY OVERVIEW 229
TABLE 263 ELECTRON ENERGY CORPORATION: PRODUCTS OFFERED 229
TABLE 264 ELECTRON ENERGY CORPORATION: DEALS 230
TABLE 265 ADAMS MAGNETIC PRODUCTS, LLC: COMPANY OVERVIEW 232
TABLE 266 ADAMS MAGNETIC PRODUCTS, LLC: PRODUCTS OFFERED 232
TABLE 267 ADAMS MAGNETIC PRODUCTS, LLC: EXPANSIONS 233
TABLE 268 BUNTING MAGNETICS CO.: COMPANY OVERVIEW 235
TABLE 269 BUNTING MAGNETICS CO.: PRODUCTS OFFERED 235
TABLE 270 BUNTING MAGNETICS CO.: DEALS 236
TABLE 271 TENGAM ENGINEERING, INC.: COMPANY OVERVIEW 238
TABLE 272 TENGAM ENGINEERING, INC.: PRODUCTS OFFERED 238
TABLE 273 NINGBO YUNSHENG CO., LTD.: COMPANY OVERVIEW 240
TABLE 274 NINGBO YUNSHENG CO., LTD.: PRODUCTS OFFERED 241
TABLE 275 CHENGDU GALAXY MAGNETS CO., LTD.: COMPANY OVERVIEW 243
TABLE 276 CHENGDU GALAXY MAGNETS CO., LTD.: PRODUCTS OFFERED 244
TABLE 277 GOUDSMIT MAGNETICS: COMPANY OVERVIEW 246
TABLE 278 GOUDSMIT MAGNETICS: PRODUCTS OFFERED 246
TABLE 279 ECLIPSE MAGNETICS: COMPANY OVERVIEW 248
TABLE 280 ECLIPSE MAGNETICS: PRODUCTS OFFERED 248
TABLE 281 DEXTER MAGNETIC TECHNOLOGIES: COMPANY OVERVIEW 250
TABLE 282 DEXTER MAGNETIC TECHNOLOGIES: PRODUCTS OFFERED 250
TABLE 283 DEXTER MAGNETIC TECHNOLOGIES: DEALS 251
TABLE 284 DEXTER MAGNETIC TECHNOLOGIES: EXPANSIONS 251
TABLE 285 EARTH-PANDA ADVANCED MAGNETIC MATERIAL CO., LTD.: COMPANY OVERVIEW 253
TABLE 286 EARTH-PANDA ADVANCED MAGNETIC MATERIAL CO., LTD.: PRODUCTS OFFERED 253
TABLE 287 HANGZHOU PERMANENT MAGNET GROUP., LTD: COMPANY OVERVIEW 255
TABLE 288 JPMF GUANGDONG CO., LTD: COMPANY OVERVIEW 256
TABLE 289 NINGBO NINGGANG PERMANENT MAGNETIC MATERIALS CO., LTD.:
COMPANY OVERVIEW 256
TABLE 290 THOMAS AND SKINNER INC.: COMPANY OVERVIEW 257
TABLE 291 YANTAI ZHENGHAI MAGNETIC MATERIAL CO., LTD.: COMPANY OVERVIEW 257
TABLE 292 NINGBO CO-STAR MATERIALS HI-TECH CO., LTD.: COMPANY OVERVIEW 258
TABLE 293 NINGBO RISHENG MAGNETS CO., LTD.: COMPANY OVERVIEW 258
TABLE 294 VACUUMSCHMELZE GMBH & CO. KG: COMPANY OVERVIEW 259
TABLE 295 DAIDO ELECTRONICS CO., LTD: COMPANY OVERVIEW 260
TABLE 296 PERMANENT MAGNETS LTD.: COMPANY OVERVIEW 261
TABLE 297 MAGNEQUENCH INTERNATIONAL, LLC: COMPANY OVERVIEW 261