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Global & India Permanent Magnet Market to 2031

Best Price Guarantee Length Publisher Published Date SKU
from $2,400 81 Pages Business Market Insights June, 2025 BMKS20079872
Best Price Guarantee
Price from $2,400
Length 81 Pages
Publisher Business Market Insights
Published Date June, 2025
SKU BMKS20079872

India's industrial landscape is expanding, fueled by a growing emphasis on renewable energy and the increasing adoption of electric vehicles. As the country shifts toward cleaner energy sources and upgrades its manufacturing capabilities, the need for permanent magnets-especially rare-earth magnets-is on the rise.

The growth of India's manufacturing and automation industries is further driving demand for these magnets in applications such as motors, robotics, and electronic devices. The electronics sector, in particular, has seen significant expansion. In December 2022, India’s electronic goods exports reached US$16.67 billion, up from US$10.99 billion in December 2021. Additionally, data from the International Data Corporation (IDC) shows that India’s PC market grew by 37.7% in the first quarter of 2022, with total shipments of PCs and laptops increasing from 3.1 million to 4.2 million units. This surge in electronics sales has contributed to the rising demand for permanent magnets across the country.


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. India 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. India Permanent Magnet Market – Analysis
6.1 India Permanent Magnet Market Revenue (US$ Million), 2021–2031
6.2 India Permanent Magnet Market Revenue and Forecast Analysis
7. India Permanent Magnet Market Analysis – by Type
7.1 India Permanent Magnet Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
8. India Permanent Magnet Market Analysis – by Application
8.1 India 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. India Permanent Magnet Market Segmentation
Table 2. List of Vendors
Table 3. India Permanent Magnet Market – Revenue, 2021–2024 (US$ Million)
Table 4. India Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. India Permanent Magnet Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 6. India Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 7. India Permanent Magnet Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 8. India 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. India 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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