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Global & United States Permanent Magnet Market to 2031

Publisher Business Market Insights
Published Jun 11, 2025
Length 81 Pages
SKU # BMKS20079906

Description

The permanent magnet market in the United States is growing significantly, driven by increasing demand in key industries such as automotive, aerospace, and consumer electronics. A major factor contributing to this surge is the transition toward electric vehicles (EVs), as manufacturers increasingly integrate permanent magnet-based motors into their EV designs. These magnets-especially rare-earth types-are critical components in electric motors used in EVs, wind turbines, and other clean energy systems, leading to increased demand for high-performance materials. Additionally, the country's push toward decarbonization, supported by federal incentives for EV adoption and renewable energy initiatives, is further fueling market growth.

The aerospace industry is also on an upward trajectory. According to the U.S. Government Accountability Office's Commercial Aviation Manufacturing report from March 2024, Airbus has set a target to produce 75 A320 aircraft per month by 2026. This uptick in aircraft production is expected to significantly boost the need for permanent magnets within the sector.

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