Global & Russia Permanent Magnet Market to 2031

Russia is seeing a growing demand for high-performance permanent magnets, particularly in sectors like automotive, wind energy, and electronics, as the country modernizes its manufacturing capabilities and shifts away from fossil fuel dependence. The government is making strategic investments in the electric vehicle (EV) sector, where permanent magnets are essential for the efficient operation of electric motors. In 2023, Russia announced plans to boost the production of zero-emission vehicles to approximately 18,000 units.

The aerospace sector in Russia is also expanding, supported by increased investment in aircraft production. The country’s aviation industry is known for producing competitive military aircraft models such as the MiG-29 and Su-27. To strengthen domestic manufacturing, the Russian government unveiled a US$14.5 million investment plan in June 2022 aimed at enhancing the share of locally produced aircraft. This ongoing development in the aerospace industry presents significant opportunities for the permanent magnet market, as these magnets are critical components in various aerospace applications.


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