What is the value of the global Permanent Magnets Market?

In 2022, the global Permanent Magnets Market was valued at USD 35 billion.

What will be the market size for Permanent Magnets Market in 2032?

In 2032, the Permanent Magnets Market will reach USD 78.9 billion.

What CAGR is projected for the Permanent Magnets Market?

The Permanent Magnets Market is expected to grow at 8.7% CAGR (2023-2032).

List the segments encompassed in this report on the Permanent Magnets Market?

Market.US has segmented the Permanent Magnets Market Market by geographic (North America, Europe, APAC, South America, and MEA). By Type, market has been segmented into Neodymium Iron Boron Magnet, Ferrite Magnet, Samarium Cobalt Magnet, Aluminum Nickel Cobalt Magnet. By End-Use Industry, the market has been further divided into Automotive, Consumer Electronics, Aerospace & Defense and other.

Which segment dominate the Permanent Magnets industry?

With respect to the Permanent Magnets industry, vendors can expect to leverage greater prospective business opportunities through the Ferrite Magnet segment, as this dominate this industry.

Name the major industry players in the Permanent Magnets Market.

Proterial Ltd., TDK Corporation, Shin-Etsu Chemical Co. Ltd., Electron Energy Corp., Goudsmit Magnetics Group and Other Key Players are the main vendors in this market.

Permanent Magnets Market Size, Share

Global Permanent Magnets Market By Type (Neodymium Iron Boron Magnet, and Other), By End-Use Industry (Automotive, Aerospace & Defense, and Other End-Use Industries), By Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023 – 2032

Global Permanent Magnets Market By Type (Neodymium Iron Boron Magnet, and Other), By End-Use Industry (Automotive, Aerospace & Defense, and Other End-Use Industries), By Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023 – 2032

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