The alnico permanent magnet market size is expected to reach US$ 1,137.02 million by 2031 from US$ 612.49 million in 2024. The market is estimated to record a CAGR of 9.1% from 2025 to 2031.   Executive Summary and Global Market Analysis The global alnico magnet market is gaining positive momentum due to the magnets' unique properties: exceptional stability in high-temperature...

The alnico permanent magnet market size is expected to reach US$ 1,137.02 million by 2031 from US$ 612.49 million in 2024. The market is estimated to record a CAGR of 9.1% from 2025 to 2031.   Executive Summary and Global Market Analysis The global alnico permanent magnet market is witnessing a notable expansion, primarily fueled by the distinct attributes of alnico magnets: their...

Hybrid Vehicle Market: According to MRFR analysis, the hybrid vehicle market is estimated to be worth USD 314.24 billion in 2024. It is projected to grow rapidly, reaching USD 396.04 billion in 2025 and soaring to an impressive USD 3,177.38 billion by 2034. This represents a robust CAGR of 26.32% during the forecast period from 2025 to 2034. The hybrid vehicle market is experiencing a...