Permanent Magnet Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Permanent Magnet Market is segmented by material type (neodymium-iron-boron, ferrite, samarium cobalt, and Alnico), end-user industry (automotive, electronics, industrial, power generation, and other end-user industries), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The report offers market size and forecasts for Permanent Magnet in terms of revenue (USD million) for all the above segments.

Permanent Magnet Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Permanent Magnet Industry Overview

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).

Permanent Magnet Market Leaders

  1. Hitachi Metals, Ltd

  2. Shin-Etsu Chemical Co., Ltd

  3. TDK Corporation

  4. Daido Steel Co., Ltd.

  5. Lynas Rare Earths Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Permanent Magnet Market Concentration