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Global & Saudi Arabia Permanent Magnet Market to 2031

Best Price Guarantee Length Publisher Published Date SKU
from $2,400 81 Pages Business Market Insights June, 2025 BMKS20079892
Best Price Guarantee
Price from $2,400
Length 81 Pages
Publisher Business Market Insights
Published Date June, 2025
SKU BMKS20079892

Saudi Arabia's permanent magnet market is seeing consistent growth, driven by the nation's ambitious Vision 2030 initiative, which aims to diversify the economy by developing sectors such as renewable energy, electric vehicles, and advanced manufacturing. A key factor contributing to this growth is the country’s effort to transition to a more sustainable energy mix. Saudi Arabia has set a target to produce 50% of its electricity from renewable sources by 2030, focusing primarily on solar and wind energy.

As investments in large-scale wind power projects increase, the demand for permanent magnets-essential for wind turbine generators-is expected to grow significantly in the coming years.


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