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Global & Indonesia Permanent Magnet Market to 2031

Publisher Business Market Insights
Published Jun 11, 2025
Length 81 Pages
SKU # BMKS20079873

Description

Indonesia's permanent magnet market is experiencing steady growth, driven by the country’s expanding manufacturing base, a growing focus on renewable energy, and increasing demand from the electric vehicle (EV) sector. Positioned strategically within the Asia-Pacific region, Indonesia is becoming an increasingly important market for permanent magnets.

The country is seeing a surge in interest for EVs and is working toward becoming a key production hub for electric vehicles in Southeast Asia. Major companies such as LG Energy Solution and CATL have made significant investments, supported by government initiatives that promote EV adoption. Indonesia's EV roadmap targets 2 million electric vehicles on the road by 2030, which is expected to significantly increase the need for permanent magnets used in EV motors and battery systems.

In addition, the renewable energy sector-especially geothermal and hydropower-is expanding. Permanent magnets play a vital role in clean energy technologies, such as wind turbines. With the government actively pursuing the development of renewable energy infrastructure, demand for permanent magnets is projected to grow in the coming years.

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