New Zealand is seeing a steady rise in demand for permanent magnets, driven by growth in renewable energy, electric vehicles (EVs), and advanced manufacturing. As the country works toward its goal of becoming carbon neutral by 2050, the renewable energy sector-especially wind power-is playing a key role in boosting the need for permanent magnets. With increasing reliance on wind energy to achieve its sustainability targets, demand for these magnets is expected to grow in the coming years.
The EV market in New Zealand is also expanding, supported by government incentives and investments in charging infrastructure. This is contributing to greater demand for permanent magnets used in EV motors and battery systems. Furthermore, New Zealand’s advanced manufacturing and technology industries, including robotics and automation, are increasingly incorporating permanent magnets into motors and actuators, further fueling market growth.
- 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. New Zealand 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. New Zealand Permanent Magnet Market – Analysis
- 6.1 New Zealand Permanent Magnet Market Revenue (US$ Million), 2021–2031
- 6.2 New Zealand Permanent Magnet Market Revenue and Forecast Analysis
- 7. New Zealand Permanent Magnet Market Analysis – by Type
- 7.1 New Zealand Permanent Magnet Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
- 8. New Zealand Permanent Magnet Market Analysis – by Application
- 8.1 New Zealand 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. New Zealand Permanent Magnet Market Segmentation
- Table 2. List of Vendors
- Table 3. New Zealand Permanent Magnet Market – Revenue, 2021–2024 (US$ Million)
- Table 4. New Zealand Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. New Zealand Permanent Magnet Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 6. New Zealand Permanent Magnet Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 7. New Zealand Permanent Magnet Market – Revenue, 2021–2024 (US$ Million) – by Application
- Table 8. New Zealand 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. New Zealand 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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