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Global & United Arab Emirates Permanent Magnet Market to 2031

Publisher Business Market Insights
Published Jun 11, 2025
Length 81 Pages
SKU # BMKS20079904

Description

The United Arab Emirates (UAE) is seeing strong growth in its permanent magnet market, driven by ongoing efforts to diversify its economy, embrace advanced technologies, and invest heavily in renewable energy and electric vehicles (EVs). Under national initiatives like Vision 2021 and Vision 2030, the UAE is prioritizing sustainability and technological innovation. Data from the Dubai Electricity and Water Authority projects that the number of EVs in Dubai will reach around 7,331 in 2023 and increase to 12,852 by 2025. This aligns with the goals of the Green Mobility Strategy 2030, which aims for electric and hybrid vehicles to make up 30% of public sector fleets and 10% of all vehicle sales by the end of the decade. As a result, the need for permanent magnets-especially in EV motors-is rising steadily.

The UAE has also committed significant resources to the development of renewable energy, particularly solar and wind power. Permanent magnets are crucial components in wind turbines, supporting the country's shift toward a more diverse and sustainable energy mix. Additionally, the UAE is constructing one of the largest solar parks in the world, where permanent magnets are used in various systems, including motors and actuators essential for energy production and storage solutions.

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