Switzerland’s automotive industry is relatively small compared to other major European countries but is heavily investing in electric mobility, where permanent magnets play a vital role in electric vehicle motors. Additionally, the country’s commitment to wind energy, energy-efficient technologies, and robotics is boosting the demand for high-performance permanent magnets used in wind turbine generators and precision machinery.
Switzerland’s well-established industrial sectors-including robotics, automation, medical technology, and electronics-also contribute to the need for permanent magnets in applications such as motors, sensors, and actuators. With its advanced manufacturing capabilities and emphasis on cutting-edge technologies, Switzerland is meeting the rising demand for permanent magnets both within its borders and as a key contributor to the wider European supply chain. The nation’s strong industrial and technological base continues to propel growth in the permanent magnet market.
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