The Business Research Company’s Permanent Magnet Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Permanent Magnet Global Market Report 2023 evaluates permanent magnet market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global permanent magnet market size grew from $30.15 billion in 2022 to $34.54 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The permanent magnet market size is expected to grow to $56.74 billion in 2027 at a CAGR of 13.2%.
The permanent magnet market segments in the report are:
1) By Type: Ferrite Magnets, Samarium Cobalt Magnets, Alnico Magnets, Neodymium Iron Boron Magnets
2) By Sales Channel Type: Direct Sales, Distributors
3) By End-Use: General Industrial, Automotive, Medical Technology, Environment & Energy, Aerospace & Defense, Consumer Electronics
Top Major Players
Electron Energy Corporation
Daido Steel Co. Ltd.
Goudsmit Magnetics
Bunting Magnetics Co.
Eclipse Magnetics
Asia-Pacific was the largest region in the permanent magnet market in 2022.
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The table of contents in TBRC’s permanent magnet market report includes:
1. Executive Summary
2. Permanent Magnet Market Characteristics
3. Permanent Magnet Market Trends And Strategies
4. Permanent Magnet Market – Macro Economic Scenario
5. Permanent Magnet Market Size And Growth
………
26. Africa Permanent Magnet Market
27. Permanent Magnet Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Permanent Magnet Market
29. Permanent Magnet Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Permanent Magnet
Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Permanent Magnet
Market, Segmentation By Sales Channel Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Permanent Magnet
Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…………
Table 46: Arnold Magnetic Technologies Financial Performance
Table 47: Electron Energy Corporation Financial Performance
Table 48: Daido Steel Co. Ltd. Financial Performance
Table 49: Chengdu Galaxy Magnets Co. Ltd. Financial Performance
Table 50: Shin-Etsu Chemical Co. Ltd. Financial Performance
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