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, 2026-2034

ATTRIBUTE

DETAILS

Study Period

2021-2034

Base Year

2025

Estimated Year

2026

Forecast Period

2026-2034

Historical Period

2021-2024

Unit

Value (USD Billion) and Volume (Kiloton)

Growth Rate

CAGR of 8.30% from 2026 to 2034

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)