
Global & Spain Permanent Magnet Market to 2031
Description
Spain's aerospace and defense industry is experiencing significant growth. According to the International Trade Administration, the country ranked 5th in Europe and 8th globally in aerospace industry turnover in 2022. Spain is home to 696 aerospace production facilities, with 84% of them located in central regions, including Madrid, Castile-La Mancha, Castile-León, Andalusia, and the Basque Country.
Alongside aerospace advancements, Spain is strongly committed to expanding its renewable energy capacity, particularly in solar and wind power. Permanent magnets are essential for improving the efficiency and performance of renewable energy systems such as wind turbines and solar technologies. In 2021, renewable energy sources, including solar (both photovoltaic and thermal), hydropower, and wind, accounted for 46.7% of Spain's total energy production. The country aims to generate 74% of its electricity from renewables by 2030 and reach 100% by 2050.
The drive for innovation, quality, and efficiency in key sectors like automotive, aerospace and defense, and renewable energy is fueling the demand for permanent magnets in Spain. This reflects the strength and diversity of the nation’s industrial ecosystem, supporting sustained market growth.
Alongside aerospace advancements, Spain is strongly committed to expanding its renewable energy capacity, particularly in solar and wind power. Permanent magnets are essential for improving the efficiency and performance of renewable energy systems such as wind turbines and solar technologies. In 2021, renewable energy sources, including solar (both photovoltaic and thermal), hydropower, and wind, accounted for 46.7% of Spain's total energy production. The country aims to generate 74% of its electricity from renewables by 2030 and reach 100% by 2050.
The drive for innovation, quality, and efficiency in key sectors like automotive, aerospace and defense, and renewable energy is fueling the demand for permanent magnets in Spain. This reflects the strength and diversity of the nation’s industrial ecosystem, supporting sustained market growth.
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. Spain 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. Spain Permanent Magnet Market – Analysis
- 6.1 Spain Permanent Magnet Market Revenue (US$ Million), 2021–2031
- 6.2 Spain Permanent Magnet Market Revenue and Forecast Analysis
- 7. Spain Permanent Magnet Market Analysis – by Type
- 7.1 Spain Permanent Magnet Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
- 8. Spain Permanent Magnet Market Analysis – by Application
- 8.1 Spain 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. Spain Permanent Magnet Market Segmentation
- Table 2. List of Vendors
- Table 3. Spain Permanent Magnet Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Spain Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Spain Permanent Magnet Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 6. Spain Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 7. Spain Permanent Magnet Market – Revenue, 2021–2024 (US$ Million) – by Application
- Table 8. Spain 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. Spain 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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