As the global economy mends, the 2021 growth of Permanent Magnets will have significant change from previous year. According to our (LP Information) latest study, the global Permanent Magnets market size is USD million in 2022 from USD 11400 million in 2021, with a change of % between 2021 and 2022. The global Permanent Magnets market size will reach USD 18560 million in 2028, growing at a CAGR of 7.2% over the analysis period.
The United States Permanent Magnets market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Permanent Magnets market, reaching US$ million by the year 2028. As for the Europe Permanent Magnets landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.
Global main Permanent Magnets players cover Hitachi Metals, TDK, DMEGC, and Guangdong JPMF, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnets market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Ferrite Magnet
Rare Earth Magnet
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Electro-Acoustic Products
Toy Industry
Automotive Industry
Home Appliance Industry
Computer and Office Equipment
Aerospace & Defense
Energy
Medical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Hitachi Metals
TDK
DMEGC
Guangdong JPMF
Sinomag
Union Materials
Tokyo Ferrite
BGRIMM Magnetic Materials
Hunan Aerospace Magnet &Magneto
Zhejiang Kaiven Magnet
Guangzhou Golden South
Shunde Baling Group
Meizhou Magnetic Materials
Shin-Etsu
Beijing Zhong Ke San Huan Hi-Tech
JL MAG Rare-Earth
Yunsheng Company
Zhenghai Magnetics
Earth-Panda Magnet