
Global & Germany Permanent Magnet Market to 2031
Description
Germany’s well-established electronics industry, encompassing both manufacturing and R&D of electronic components and devices, is driving a growing demand for permanent magnets. As the use of electronic devices continues to grow, so does the demand for high-performance magnetic materials. According to Germany Trade and Invest GmbH, the country's electrical and digital sector experienced a 13.4% year-on-year increase in August 2022. Additionally, data from Statistisches Bundesamt projects that revenue from the production of electric motors, generators, and transformers in Germany will reach approximately US$19.5 billion by 2025. This growth in the electrical and electronics sector is directly contributing to the increased demand for permanent magnets.
Germany’s automotive industry, one of the largest in Europe, is also undergoing significant transformation with a strong shift toward electric mobility. The rise in electric vehicle (EV) production has sharply increased the need for high-efficiency permanent magnets used in EV motors. In support of this transition, Germany’s Federal Office for Economic Affairs and Export Control (BAFA) approved subsidies for the purchase of 2 million electric vehicles as of September 2023, backed by an investment of US$10 billion. This initiative further reinforces the rising demand for permanent magnets in the country’s automotive sector.
Germany’s automotive industry, one of the largest in Europe, is also undergoing significant transformation with a strong shift toward electric mobility. The rise in electric vehicle (EV) production has sharply increased the need for high-efficiency permanent magnets used in EV motors. In support of this transition, Germany’s Federal Office for Economic Affairs and Export Control (BAFA) approved subsidies for the purchase of 2 million electric vehicles as of September 2023, backed by an investment of US$10 billion. This initiative further reinforces the rising demand for permanent magnets in the country’s automotive sector.
Table of Contents
81 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Germany Permanent Magnet Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Permanent Magnet Market Key Market Dynamics
- 5.1 Permanent Magnet Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Germany Permanent Magnet Market – Analysis
- 6.1 Germany Permanent Magnet Market Revenue (US$ Million), 2021–2031
- 6.2 Germany Permanent Magnet Market Revenue and Forecast Analysis
- 7. Germany Permanent Magnet Market Analysis – by Type
- 7.1 Germany Permanent Magnet Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
- 8. Germany Permanent Magnet Market Analysis – by Application
- 8.1 Germany Permanent Magnet Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Application
- 9. Competitive Landscape
- 9.1 Heat Map Analysis by Key Players
- 9.1 Company Positioning and Concentration
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.2 Partnerships and Collaborations
- 10.2 Other Developments
- 11. Company Profiles
- 11.1 Hitachi Ltd
- 11.1. 1 Key Facts
- 11.1. 2 Business Description
- 11.1. 3 Products and Services
- 11.1. 4 Financial Overview
- 11.1. 5 SWOT Analysis
- 11.1. 6 Key Developments
- 11.2 Shin-Etsu Chemical Co Ltd
- 11.2. 1 Key Facts
- 11.2. 2 Business Description
- 11.2. 3 Products and Services
- 11.2. 4 Financial Overview
- 11.2. 5 SWOT Analysis
- 11.2. 6 Key Developments
- 11.3 TDK Corp
- 11.3. 1 Key Facts
- 11.3. 2 Business Description
- 11.3. 3 Products and Services
- 11.3. 4 Financial Overview
- 11.3. 5 SWOT Analysis
- 11.3. 6 Key Developments
- 11.4 Arnold Magnetic Technologies.
- 11.4. 1 Key Facts
- 11.4. 2 Business Description
- 11.4. 3 Products and Services
- 11.4. 4 Financial Overview
- 11.4. 5 SWOT Analysis
- 11.4. 6 Key Developments
- 11.5 Chengdu Galaxy Magnets Company Limited
- 11.5. 1 Key Facts
- 11.5. 2 Business Description
- 11.5. 3 Products and Services
- 11.5. 4 Financial Overview
- 11.5. 5 SWOT Analysis
- 11.5. 6 Key Developments
- 11.6 Goudsmit Magnetics
- 11.6. 1 Key Facts
- 11.6. 2 Business Description
- 11.6. 3 Products and Services
- 11.6. 4 Financial Overview
- 11.6. 5 SWOT Analysis
- 11.6. 6 Key Developments
- 11.7 Electron Energy Corporation
- 11.7. 1 Key Facts
- 11.7. 2 Business Description
- 11.7. 3 Products and Services
- 11.7. 4 Financial Overview
- 11.7. 5 SWOT Analysis
- 11.7. 6 Key Developments
- 11.8 Dexter Magnetic Technologies
- 11.8. 1 Key Facts
- 11.8. 2 Business Description
- 11.8. 3 Products and Services
- 11.8. 4 Financial Overview
- 11.8. 5 SWOT Analysis
- 11.8. 6 Key Developments
- 11.9 Adams Magnetic Products, LLC
- 11.9. 1 Key Facts
- 11.9. 2 Business Description
- 11.9. 3 Products and Services
- 11.9. 4 Financial Overview
- 11.9. 5 SWOT Analysis
- 11.9. 6 Key Developments
- 11.10 NINGBO YUNSHENG CO.,LTD.
- 11.10. 1 Key Facts
- 11.10. 2 Business Description
- 11.10. 3 Products and Services
- 11.10. 4 Financial Overview
- 11.10. 5 SWOT Analysis
- 11.10. 6 Key Developments
- 12. Appendix
- 12.1 About Business Market Insights
- 12.2 List of Abbreviations
- TABLE OF TABLES
- Table 1. Germany Permanent Magnet Market Segmentation
- Table 2. List of Vendors
- Table 3. Germany Permanent Magnet Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Germany Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Germany Permanent Magnet Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 6. Germany Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 7. Germany Permanent Magnet Market – Revenue, 2021–2024 (US$ Million) – by Application
- Table 8. Germany Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
- Table 9. List of Abbreviations
- TABLE OF FIGURES
- Figure 1. Impact Analysis of Drivers and Restraints
- Figure 2. Germany Permanent Magnet Market Revenue, (US$ Million), 2021–2031
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
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