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...

The Permanent Magnet Market size is expected to reach US$ 47,309.65 million by 2031 from US$ 25,035.19 million in 2024. The market is estimated to record a CAGR of 10.0 % from 2025 to 2031. Executive Summary: Global Permanent Magnet Market The global permanent magnet market is undergoing substantial expansion, propelled by technological innovation, the escalating need for energy-efficient...

The market research study titled “Ferrite Permanent Magnet Market Share, Trends, and Outlook | 2031,” guides organizations on market economics by identifying current Ferrite Permanent Magnet market size, total market share, and revenue potential. This further includes projections on future market size and share in the estimated period. The company needs to comprehend its...

Business Market Insights market research Ferrite Permanent Magnet Market Size and Share Report | 2031 is now available for purchase. This report offers an exclusive evaluation of a range of business environment factors impacting market participants. The market information included in this report is assimilated and reliant on a few strategies, for example, PESTLE, Porter's Five, SWOT...

The global neodymium iron boron (NdFeB) permanent magnet market is projected to grow significantly, reaching US$ 29,129.11 million by 2031, up from US$ 15,204.23 million in 2024. This growth reflects a robust CAGR of 10.3% during the forecast period from 2025 to 2031. Executive Summary & Global Market Analysis The NdFeB magnet market is witnessing strong momentum, fueled by increasing...

The global permanent magnets market was valued at USD 22.18 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030. This growth is largely fueled by the rising importance of renewable energy sources, such as wind and solar energy, where permanent magnets play a key role in enhancing efficiency. In wind turbine generators, for example, permanent...

The global permanent magnets market was valued at USD 22.18 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030. One of the key factors driving this growth is the increasing focus on renewable energy sources, such as wind and solar energy. Permanent magnets play a crucial role in enhancing the efficiency of wind turbine...

In 2023, the global permanent magnets market reached a valuation of USD 22.18 billion and is projected to grow at an 8.7% compound annual growth rate (CAGR) from 2024 through 2030. This growth is largely driven by the increasing demand for renewable energy sources like wind and solar power. Permanent magnets play a critical role in enhancing the efficiency of wind turbine generators, a key...

Business Market Insights market research Ferrite Permanent Magnet Market Size and Share Report | 2031 is now available for purchase. This report offers an exclusive evaluation of a range of business environment factors impacting market participants. The market information included in this report is assimilated and reliant on a few strategies, for example, PESTLE, Porter's Five, SWOT...