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Global & Nigeria Permanent Magnet Market to 2031

Publisher Business Market Insights
Published Jun 11, 2025
Length 81 Pages
SKU # BMKS20079882

Description

Nigeria’s permanent magnet market is experiencing steady growth, driven by its expanding industrial base, rising demand for consumer electronics, and increased investments in renewable energy. As the largest economy in Africa, Nigeria is witnessing considerable growth in sectors such as manufacturing, telecommunications, and construction, all of which depend on permanent magnets for various uses. The country's booming electronics and telecommunications industries further fuel the demand for permanent magnets, which are essential components in motors, sensors, speakers, and hard drives found in a wide array of consumer electronics, industrial machinery, and automotive products. With the ongoing expansion of Nigeria’s manufacturing and consumer electronics sectors, the demand for high-performance permanent magnets continues to rise.

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