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Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- The "Permanent Magnet Market by Type (Neodymium Iron Boron Magnet, Samarium Cobalt Magnet, Ferrite Magnet, AlNiCo Magnet), End-Use Industries (Consumer Electronics, Automotive, Medical, Environment & Energy, Aerospace & Defense) - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
The permanent magnet market is projected to grow from USD 53.5 billion in 2024 to USD 80.4 billion by 2029, at a CAGR of 8.5% during the forecast period.
This research report categorizes the permanent magnet Market by Type (Neodymium Iron Boron magnets, Samarium Cobalt magnets, Ferrite magnets, AlNiCo magnets and others), End-use Industries (Consumer electronics, General industrial, Automotive, Medical& technology, Environment & Energy, Aerospace & Defense and others), and Region.
The scope of the report includes detailed information about the major factors influencing the growth of the permanent magnet market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the permanent magnet market are all covered. This report includes a competitive analysis of upcoming startups in the permanent magnet market ecosystem.
