Permanent Magnet Market Size, Share & Industry Analysis, By Type (Neodymium Iron Boron (NdFeB), Ferrite, Samarium Cobalt (SmCo), Aluminum Nickel Cobalt (Alnico), and Others), By Application (Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, Aerospace, Defense, and Others), and Regional Forecast, 2025-2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Unit

Value (USD Billion) and Volume (Kiloton)

Growth Rate

CAGR of 8.3% from 2025 to 2032

Segmentation

By Type

• Neodymium Iron Boron (NdFeB)
• Ferrite
• Samarium Cobalt (SmCo)
• Aluminum Nickel Cobalt (Alnico)
• Others

By Application

• Consumer Electronics
• Automotive
• General Industrial
• Medical Devices
• Energy
• Aerospace
• Defense
• Others

By Region

• North America (By Type, By Application, By Country)
  • U.S. (By Application)
  • Canada (By Application)
  • Mexico (By Application)
• Europe (By Type, By Application, By Country)
  • Germany (By Application)
  • France (By Application)
  • U.K. (By Application)
  • Russia (By Application)
  • Rest of Europe (By Application)
• Asia Pacific (By Type, By Application, By Country)
  • China (By Application)
  • India (By Application)
  • Japan (By Application)
  • South Korea (By Application)
  • Southeast Asia (By Application)
  • Rest of Asia Pacific (By Application)
• South America (By Type, By Application, By Country)
  • Brazil (By Application)
  • Argentina (By Application)
  • Rest of South America (By Application)
• Middle East & Africa (By Type, By Application, By Country)
  • GCC (By Application)
  • South Africa (By Application)
  • Rest of Middle East & Africa (By Application)