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EV Permanent Magnet

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Industry Growth & Trends

Global EV Permanent Magnet Industry Growth and Trends Forecast to 2032

23 December 2025106 pages

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Industry ResearchEV Permanent Magnet Industry Research Report 2026125 pages · $2,950 USDIndustry Growth & TrendsGlobal EV Permanent Magnet Industry Growth and Trends Forecast to 2032106 pages · $3,450 USDMarket StructureGlobal EV Permanent Magnet Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032194 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal EV Permanent Magnet Market Outlook and Growth Opportunities 2026199 pages · $4,250 USDMarket Analysis & ForecastGlobal EV Permanent Magnet Market Analysis and Forecast 2026-2032213 pages · $4,950 USD

Market perspective

The global EV Permanent Magnet market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for EV Permanent Magnet is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for EV Permanent Magnet is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for EV Permanent Magnet is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global manufacturers of EV Permanent Magnet include Yantai Zhenghai Magnetic Material CO. LTD., Hangzhou Permanent Magnet Group., Ltd., Viona Magnetics, Vacuumschmelze GmbH & Co. KG, Tengam Engineering, Inc., Daido Steel Co., Ltd, Electron Energy Corporation., MP Materials and Newland Magnetics, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global EV Permanent Magnet market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The EV Permanent Magnet market size, estimates, and forecasts are presented in terms of sales volume (Tons) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global EV Permanent Magnet market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to EV Permanent Magnet.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global EV Permanent Magnet market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

EV Permanent Magnet Market by Company

Yantai Zhenghai Magnetic Material CO. LTD.

Hangzhou Permanent Magnet Group., Ltd.

Viona Magnetics

Vacuumschmelze GmbH & Co. KG

Tengam Engineering, Inc.

Daido Steel Co., Ltd

Electron Energy Corporation.

MP Materials

Newland Magnetics

Beijing Zhong Ke San Huan Hi-Tech Co., Ltd.

Yantai Dongxing Magnetic Materials Inc

EV Permanent Magnet Segment by Type

NdFeB

SmCo

Others

EV Permanent Magnet Segment by Application

Commercial Vehicles

Passenger Vehicles

EV Permanent Magnet Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global EV Permanent Magnet market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of EV Permanent Magnet and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of EV Permanent Magnet.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of EV Permanent Magnet manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of EV Permanent Magnet in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of NdFeB Table 2. Major Company of SmCo Table 3. Major Company of Others Table 4. Global EV Permanent Magnet Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global EV Permanent Magnet Sales by Type (2021-2026) & (Tons) Table 6. Global EV Permanent Magnet Sales Market Share in Volume by Type (2021-2026) Table 7. Global EV Permanent Magnet Sales by Type (2021-2026) & (US$ Million) Table 8. Global EV Permanent Magnet Sales Market Share in Value by Type (2021-2026) Table 9. Global EV Permanent Magnet Price by Type (2021-2026) & (US$/Kg) Table 10. Global EV Permanent Magnet Sales by Type (2027-2032) & (Tons) Table 11. Global EV Permanent Magnet Sales Market Share in Volume by Type (2027-2032) Table 12. Global EV Permanent Magnet Sales by Type (2027-2032) & (US$ Million) Table 13. Global EV Permanent Magnet Sales Market Share in Value by Type (2027-2032) Table 14. Global EV Permanent Magnet Price by Type (2027-2032) & (US$/Kg) Table 15. North America EV Permanent Magnet Sales by Type (2021-2026) & (Tons) Table 16. North America EV Permanent Magnet Sales by Type (2021-2026) & (US$ Million) Table 17. Europe EV Permanent Magnet Sales by Type (2021-2026) & (Tons) Table 18. Europe EV Permanent Magnet Sales by Type (2021-2026) & (US$ Million) Table 19. Asia-Pacific EV Permanent Magnet Sales by Type (2021-2026) & (Tons) Table 20. Asia-Pacific EV Permanent Magnet Sales by Type (2021-2026) & (US$ Million) Table 21. Latin America EV Permanent Magnet Sales by Type (2021-2026) & (Tons) Table 22. Latin America EV Permanent Magnet Sales by Type (2021-2026) & (US$ Million) Table 23. Middle East and Africa EV Permanent Magnet Sales by Type (2021-2026) & (Tons) Table 24. Middle East and Africa EV Permanent Magnet Sales by Type (2021-2026) & (US$ Million) Table 25. EV Permanent Magnet Industry Trends Table 26. EV Permanent Magnet Industry Drivers Table 27. EV Permanent Magnet Industry Opportunities and Challenges Table 28. EV Permanent Magnet Industry Restraints Table 29. Global EV Permanent Magnet Sales Revenue by Company (US$ Million) & (2021-2026) Table 30. Global EV Permanent Magnet Revenue Market Share by Company (2021-2026) Table 31. Global EV Permanent Magnet Sales by Company (2021-2026) & (Tons) Table 32. Global EV Permanent Magnet Sales Share by Company (2021-2026) Table 33. Global EV Permanent Magnet Market Price by Company (2021-2026) & (US$/Kg) Table 34. Global EV Permanent Magnet Industry Company Ranking, 2024 VS 2025 VS 2026 Table 35. Global EV Permanent Magnet Major Company Production Sites and Headquarters Table 36. Global EV Permanent Magnet Company, Product Type & Application Table 37. Global EV Permanent Magnet Company Establishment Date Table 38. Global Company Market Concentration Ratio (CR5 and HHI) Table 39. Global EV Permanent Magnet by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 40. Global EV Permanent Magnet Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 41. Global EV Permanent Magnet Sales by Region (2021-2026) & (Tons) Table 42. Global EV Permanent Magnet Sales Market Share in Volume by Region (2021-2026) Table 43. Global EV Permanent Magnet Sales by Region (2021-2026) & (US$ Million) Table 44. Global EV Permanent Magnet Sales Market Share in Value by Region (2021-2026) Table 45. Global EV Permanent Magnet Sales (Tons), Value (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 46. Global EV Permanent Magnet Sales by Region (2027-2032) & (Tons) Table 47. Global EV Permanent Magnet Sales Market Share in Volume by Region (2027-2032) Table 48. Global EV Permanent Magnet Sales by Region (2027-2032) & (US$ Million) Table 49. Global EV Permanent Magnet Sales Market Share in Value by Region (2027-2032) Table 50. Global EV Permanent Magnet Sales (Tons), Value (US$ Million), Price (US$/Kg) and Gross Margin (2027-2032) Table 51. Global EV Permanent Magnet Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 52. Global EV Permanent Magnet Sales by Application (2021-2026) & (Tons) Table 53. Global EV Permanent Magnet Sales Market Share in Volume by Application (2021-2026) Table 54. Global EV Permanent Magnet Sales by Application (2021-2026) & (US$ Million) Table 55. Global EV Permanent Magnet Sales Market Share in Value by Application (2021-2026) Table 56. Global EV Permanent Magnet Price by Application (2021-2026) & (US$/Kg) Table 57. Global EV Permanent Magnet Sales by Application (2027-2032) & (Tons) Table 58. Global EV Permanent Magnet Sales Market Share in Volume by Application (2027-2032) Table 59. Global EV Permanent Magnet Sales by Application (2027-2032) & (US$ Million) Table 60. Global EV Permanent Magnet Sales Market Share in Value by Application (2027-2032) Table 61. Global EV Permanent Magnet Price by Application (2027-2032) & (US$/Kg) Table 62. North America EV Permanent Magnet Sales by Application (2021-2026) & (Tons) Table 63. North America EV Permanent Magnet Sales by Application (2021-2026) & (US$ Million) Table 64. Europe EV Permanent Magnet Sales by Application (2021-2026) & (Tons) Table 65. Europe EV Permanent Magnet Sales by Application (2021-2026) & (US$ Million) Table 66. Asia-Pacific EV Permanent Magnet Sales by Application (2021-2026) & (Tons) Table 67. Asia-Pacific EV Permanent Magnet Sales by Application (2021-2026) & (US$ Million) Table 68. Latin America EV Permanent Magnet Sales by Application (2021-2026) & (Tons) Table 69. Latin America EV Permanent Magnet Sales by Application (2021-2026) & (US$ Million) Table 70. Middle East and Africa EV Permanent Magnet Sales by Application (2021-2026) & (Tons) Table 71. Middle East and Africa EV Permanent Magnet Sales by Application (2021-2026) & (US$ Million) Table 72. Yantai Zhenghai Magnetic Material CO. LTD. Company Information Table 73. Yantai Zhenghai Magnetic Material CO. LTD. Business Overview Table 74. Yantai Zhenghai Magnetic Material CO. LTD. EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 75. Yantai Zhenghai Magnetic Material CO. LTD. EV Permanent Magnet Product Portfolio Table 76. Yantai Zhenghai Magnetic Material CO. LTD. Recent Development Table 77. Hangzhou Permanent Magnet Group., Ltd. Company Information Table 78. Hangzhou Permanent Magnet Group., Ltd. Business Overview Table 79. Hangzhou Permanent Magnet Group., Ltd. EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 80. Hangzhou Permanent Magnet Group., Ltd. EV Permanent Magnet Product Portfolio Table 81. Hangzhou Permanent Magnet Group., Ltd. Recent Development Table 82. Viona Magnetics Company Information Table 83. Viona Magnetics Business Overview Table 84. Viona Magnetics EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 85. Viona Magnetics EV Permanent Magnet Product Portfolio Table 86. Viona Magnetics Recent Development Table 87. Vacuumschmelze GmbH & Co. KG Company Information Table 88. Vacuumschmelze GmbH & Co. KG Business Overview Table 89. Vacuumschmelze GmbH & Co. KG EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 90. Vacuumschmelze GmbH & Co. KG EV Permanent Magnet Product Portfolio Table 91. Vacuumschmelze GmbH & Co. KG Recent Development Table 92. Tengam Engineering, Inc. Company Information Table 93. Tengam Engineering, Inc. Business Overview Table 94. Tengam Engineering, Inc. EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 95. Tengam Engineering, Inc. EV Permanent Magnet Product Portfolio Table 96. Tengam Engineering, Inc. Recent Development Table 97. Daido Steel Co., Ltd Company Information Table 98. Daido Steel Co., Ltd Business Overview Table 99. Daido Steel Co., Ltd EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 100. Daido Steel Co., Ltd EV Permanent Magnet Product Portfolio Table 101. Daido Steel Co., Ltd Recent Development Table 102. Electron Energy Corporation. Company Information Table 103. Electron Energy Corporation. Business Overview Table 104. Electron Energy Corporation. EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 105. Electron Energy Corporation. EV Permanent Magnet Product Portfolio Table 106. Electron Energy Corporation. Recent Development Table 107. MP Materials Company Information Table 108. MP Materials Business Overview Table 109. MP Materials EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 110. MP Materials EV Permanent Magnet Product Portfolio Table 111. MP Materials Recent Development Table 112. Newland Magnetics Company Information Table 113. Newland Magnetics Business Overview Table 114. Newland Magnetics EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 115. Newland Magnetics EV Permanent Magnet Product Portfolio Table 116. Newland Magnetics Recent Development Table 117. Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Company Information Table 118. Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Business Overview Table 119. Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 120. Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. EV Permanent Magnet Product Portfolio Table 121. Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Recent Development Table 122. Yantai Dongxing Magnetic Materials Inc Company Information Table 123. Yantai Dongxing Magnetic Materials Inc Business Overview Table 124. Yantai Dongxing Magnetic Materials Inc EV Permanent Magnet Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2021-2026) Table 125. Yantai Dongxing Magnetic Materials Inc EV Permanent Magnet Product Portfolio Table 126. Yantai Dongxing Magnetic Materials Inc Recent Development Table 127. North America EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (Tons): 2021 VS 2025 VS 2032 Table 128. North America EV Permanent Magnet Sales by Country (2021-2026) & (Tons) Table 129. North America EV Permanent Magnet Sales Market Share by Country (2021-2026) Table 130. North America EV Permanent Magnet Sales Forecast by Country (2027-2032) & (Tons) Table 131. North America EV Permanent Magnet Sales Market Share Forecast by Country (2027-2032) Table 132. North America EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 133. North America EV Permanent Magnet Market Size by Country (2021-2026) & (US$ Million) Table 134. North America EV Permanent Magnet Market Share by Country (2021-2026) Table 135. North America EV Permanent Magnet Market Size Forecast by Country (2027-2032) & (US$ Million) Table 136. North America EV Permanent Magnet Market Share Forecast by Country (2027-2032) Table 137. Europe EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (Tons): 2021 VS 2025 VS 2032 Table 138. Europe EV Permanent Magnet Sales by Country (2021-2026) & (Tons) Table 139. Europe EV Permanent Magnet Sales Market Share by Country (2021-2026) Table 140. Europe EV Permanent Magnet Sales Forecast by Country (2027-2032) & (Tons) Table 141. Europe EV Permanent Magnet Sales Market Share Forecast by Country (2027-2032) Table 142. Europe EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 143. Europe EV Permanent Magnet Market Size by Country (2021-2026) & (US$ Million) Table 144. Europe EV Permanent Magnet Market Share by Country (2021-2026) Table 145. Europe EV Permanent Magnet Market Size Forecast by Country (2027-2032) & (US$ Million) Table 146. Europe EV Permanent Magnet Market Share Forecast by Country (2027-2032) Table 147. Asia-Pacific EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (Tons): 2021 VS 2025 VS 2032 Table 148. Asia-Pacific EV Permanent Magnet Sales by Country (2021-2026) & (Tons) Table 149. Asia-Pacific EV Permanent Magnet Sales Market Share by Country (2021-2026) Table 150. Asia-Pacific EV Permanent Magnet Sales Forecast by Country (2027-2032) & (Tons) Table 151. Asia-Pacific EV Permanent Magnet Sales Market Share Forecast by Country (2027-2032) Table 152. Asia-Pacific EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 153. Asia-Pacific EV Permanent Magnet Market Size by Country (2021-2026) & (US$ Million) Table 154. Asia-Pacific EV Permanent Magnet Market Share by Country (2021-2026) Table 155. Asia-Pacific EV Permanent Magnet Market Size Forecast by Country (2027-2032) & (US$ Million) Table 156. Asia-Pacific EV Permanent Magnet Market Share Forecast by Country (2027-2032) Table 157. Latin America EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (Tons): 2021 VS 2025 VS 2032 Table 158. Latin America EV Permanent Magnet Sales by Country (2021-2026) & (Tons) Table 159. Latin America EV Permanent Magnet Sales Market Share by Country (2021-2026) Table 160. Latin America EV Permanent Magnet Sales Forecast by Country (2027-2032) & (Tons) Table 161. Latin America EV Permanent Magnet Sales Market Share Forecast by Country (2027-2032) Table 162. Latin America EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 163. Latin America EV Permanent Magnet Market Size by Country (2021-2026) & (US$ Million) Table 164. Latin America EV Permanent Magnet Market Share by Country (2021-2026) Table 165. Latin America EV Permanent Magnet Market Size Forecast by Country (2027-2032) & (US$ Million) Table 166. Latin America EV Permanent Magnet Market Share Forecast by Country (2027-2032) Table 167. Middle East and Africa EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (Tons): 2021 VS 2025 VS 2032 Table 168. Middle East and Africa EV Permanent Magnet Sales by Country (2021-2026) & (Tons) Table 169. Middle East and Africa EV Permanent Magnet Sales Market Share by Country (2021-2026) Table 170. Middle East and Africa EV Permanent Magnet Sales Forecast by Country (2027-2032) & (Tons) Table 171. Middle East and Africa EV Permanent Magnet Sales Market Share Forecast by Country (2027-2032) Table 172. Middle East and Africa EV Permanent Magnet Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 173. Middle East and Africa EV Permanent Magnet Market Size by Country (2021-2026) & (US$ Million) Table 174. Middle East and Africa EV Permanent Magnet Market Share by Country (2021-2026) Table 175. Middle East and Africa EV Permanent Magnet Market Size Forecast by Country (2027-2032) & (US$ Million) Table 176. Middle East and Africa EV Permanent Magnet Market Share Forecast by Country (2027-2032) Table 177. Key Raw Materials Table 178. Raw Materials Key Suppliers Table 179. EV Permanent Magnet Distributors List Table 180. EV Permanent Magnet Customers List Table 181. Research Programs/Design for This Report Table 182. Authors List of This Report Table 183. Secondary Sources Table 184. Primary Sources List of Figures Figure 1. EV Permanent Magnet Image Figure 2. Global EV Permanent Magnet Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global EV Permanent Magnet Market Size (2021-2032) & (US$ Million) Figure 4. Global EV Permanent Magnet Sales (2021-2032) & (Tons) Figure 5. NdFeB Image Figure 6. Global NdFeB Sales YoY Growth (2021-2032) & (Tons) Figure 7. SmCo Image Figure 8. Global SmCo Sales YoY Growth (2021-2032) & (Tons) Figure 9. Others Image Figure 10. Global Others Sales YoY Growth (2021-2032) & (Tons) Figure 11. Global EV Permanent Magnet Market Size Overview by Type (2021-2032) & (US$ Million) Figure 12. Global EV Permanent Magnet Market Share by Type 2025 VS 2032 Figure 13. North America EV Permanent Magnet Sales Market Share in Volume by Type in 2025 Figure 14. North America EV Permanent Magnet Sales Market Share in Value by Type in 2025 Figure 15. Europe EV Permanent Magnet Sales Market Share in Volume by Type in 2025 Figure 16. Europe EV Permanent Magnet Sales Market Share in Value by Type in 2025 Figure 17. Asia-Pacific EV Permanent Magnet Sales Market Share in Volume by Type in 2025 Figure 18. Asia-Pacific EV Permanent Magnet Sales Market Share in Value by Type in 2025 Figure 19. Latin America EV Permanent Magnet Sales Market Share in Volume by Type in 2025 Figure 20. Latin America EV Permanent Magnet Sales Market Share in Value by Type in 2025 Figure 21. Middle East and Africa EV Permanent Magnet Sales Market Share in Volume by Type in 2025 Figure 22. Middle East and Africa EV Permanent Magnet Sales Market Share in Value by Type in 2025 Figure 23. Global Top 5 and 10 EV Permanent Magnet Players Market Share by Revenue in 2025 Figure 24. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 25. Commercial Vehicles Image Figure 26. Global Commercial Vehicles Sales YoY Growth (2021-2032) & (Tons) Figure 27. Passenger Vehicles Image Figure 28. Global Passenger Vehicles Sales YoY Growth (2021-2032) & (Tons) Figure 29. Global EV Permanent Magnet Market Size Overview by Application (2021-2032) & (US$ Million) Figure 30. Global EV Permanent Magnet Market Share by Application 2025 VS 2032 Figure 31. North America EV Permanent Magnet Sales Market Share in Volume by Application in 2025 Figure 32. North America EV Permanent Magnet Sales Market Share in Value by Application in 2025 Figure 33. Europe EV Permanent Magnet Sales Market Share in Volume by Application in 2025 Figure 34. Europe EV Permanent Magnet Sales Market Share in Value by Application in 2025 Figure 35. Asia-Pacific EV Permanent Magnet Sales Market Share in Volume by Application in 2025 Figure 36. Asia-Pacific EV Permanent Magnet Sales Market Share in Value by Application in 2025 Figure 37. Latin America EV Permanent Magnet Sales Market Share in Volume by Application in 2025 Figure 38. Latin America EV Permanent Magnet Sales Market Share in Value by Application in 2025 Figure 39. Middle East and Africa EV Permanent Magnet Sales Market Share in Volume by Application in 2025 Figure 40. Middle East and Africa EV Permanent Magnet Sales Market Share in Value by Application in 2025 Figure 41. North America EV Permanent Magnet Sales by Country: 2021 VS 2025 VS 2032 (Tons) Figure 42. North America EV Permanent Magnet Sales Share by Country: 2021 VS 2025 VS 2032 Figure 43. North America EV Permanent Magnet Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 44. North America EV Permanent Magnet Market Share by Country: 2021 VS 2025 VS 2032 Figure 45. Europe EV Permanent Magnet Sales by Country: 2021 VS 2025 VS 2032 (Tons) Figure 46. Europe EV Permanent Magnet Sales Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe EV Permanent Magnet Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 48. Europe EV Permanent Magnet Market Share by Country: 2021 VS 2025 VS 2032 Figure 49. Asia-Pacific EV Permanent Magnet Sales by Country: 2021 VS 2025 VS 2032 (Tons) Figure 50. Asia-Pacific EV Permanent Magnet Sales Share by Country: 2021 VS 2025 VS 2032 Figure 51. Asia-Pacific EV Permanent Magnet Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 52. Asia-Pacific EV Permanent Magnet Market Share by Country: 2021 VS 2025 VS 2032 Figure 53. Latin America EV Permanent Magnet Sales by Country: 2021 VS 2025 VS 2032 (Tons) Figure 54. Latin America EV Permanent Magnet Sales Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America EV Permanent Magnet Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 56. Latin America EV Permanent Magnet Market Share by Country: 2021 VS 2025 VS 2032 Figure 57. Middle East and Africa EV Permanent Magnet Sales by Country: 2021 VS 2025 VS 2032 (Tons) Figure 58. Middle East and Africa EV Permanent Magnet Sales Share by Country: 2021 VS 2025 VS 2032 Figure 59. Middle East and Africa EV Permanent Magnet Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 60. Middle East and Africa EV Permanent Magnet Market Share by Country: 2021 VS 2025 VS 2032 Figure 61. EV Permanent Magnet Value Chain Figure 62. Key Raw Materials Price Figure 63. Manufacturing Cost Structure Figure 64. EV Permanent Magnet Production Mode & Process Figure 65. Direct Comparison with Distribution Share Figure 66. Distributors Profiles Figure 67. Years Considered Figure 68. Research Process Figure 69. Key Executives Interviewed

Scope & coverage.

Types
  • NdFeB
  • SmCo
  • Others
Applications
  • Commercial Vehicles
  • Passenger Vehicles
Companies covered
  • Yantai Zhenghai Magnetic Material CO. LTD.
  • Hangzhou Permanent Magnet Group., Ltd.
  • Viona Magnetics
  • Vacuumschmelze GmbH & Co. KG
  • Tengam Engineering, Inc.
  • Daido Steel Co., Ltd
  • Electron Energy Corporation.
  • MP Materials
  • Newland Magnetics
  • Beijing Zhong Ke San Huan Hi-Tech Co., Ltd.
  • Yantai Dongxing Magnetic Materials Inc

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global EV Permanent Magnet Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global EV Permanent Magnet Sales Estimates and Forecasts (2021-2032)
  5. 1.3 EV Permanent Magnet Market by Type
  6. 1.3.1 NdFeB
  7. 1.3.2 SmCo
  8. 1.3.3 Others
  9. 1.4 Global EV Permanent Magnet Market Size by Type
  10. 1.4.1 Global EV Permanent Magnet Market Size Overview by Type (2021-2032)
  11. 1.4.2 Global EV Permanent Magnet Historic Market Size Review by Type (2021-2026)
  12. 1.4.3 Global EV Permanent Magnet Forecasted Market Size by Type (2027-2032)
  13. 1.5 Key Regions Market Size by Type
  14. 1.5.1 North America EV Permanent Magnet Sales Breakdown by Type (2021-2026)
  15. 1.5.2 Europe EV Permanent Magnet Sales Breakdown by Type (2021-2026)
  16. 1.5.3 Asia-Pacific EV Permanent Magnet Sales Breakdown by Type (2021-2026)
  17. 1.5.4 South America EV Permanent Magnet Sales Breakdown by Type (2021-2026)
  18. 1.5.5 Middle East and Africa EV Permanent Magnet Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 EV Permanent Magnet Industry Trends
  2. 2.2 EV Permanent Magnet Industry Drivers
  3. 2.3 EV Permanent Magnet Industry Opportunities and Challenges
  4. 2.4 EV Permanent Magnet Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by EV Permanent Magnet Revenue (2021-2026)
  2. 3.2 Global Top Players by EV Permanent Magnet Sales (2021-2026)
  3. 3.3 Global Top Players by EV Permanent Magnet Price (2021-2026)
  4. 3.4 Global EV Permanent Magnet Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global EV Permanent Magnet Major Company Production Sites & Headquarters
  6. 3.6 Global EV Permanent Magnet Company, Product Type & Application
  7. 3.7 Global EV Permanent Magnet Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global EV Permanent Magnet Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 EV Permanent Magnet Players Market Share by Revenue in 2025
  11. 3.8.3 2025 EV Permanent Magnet Tier 1, Tier 2, and Tier 3
4 EV Permanent Magnet Regional Status and Outlook
  1. 4.1 Global EV Permanent Magnet Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global EV Permanent Magnet Historic Market Size by Region
  3. 4.2.1 Global EV Permanent Magnet Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global EV Permanent Magnet Sales in Value by Region (2021-2026)
  5. 4.2.3 Global EV Permanent Magnet Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global EV Permanent Magnet Forecasted Market Size by Region
  7. 4.3.1 Global EV Permanent Magnet Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global EV Permanent Magnet Sales in Value by Region (2027-2032)
  9. 4.3.3 Global EV Permanent Magnet Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 EV Permanent Magnet by Application
  1. 5.1 EV Permanent Magnet Market by Application
  2. 5.1.1 Commercial Vehicles
  3. 5.1.2 Passenger Vehicles
  4. 5.2 Global EV Permanent Magnet Market Size by Application
  5. 5.2.1 Global EV Permanent Magnet Market Size Overview by Application (2021-2032)
  6. 5.2.2 Global EV Permanent Magnet Historic Market Size Review by Application (2021-2026)
  7. 5.2.3 Global EV Permanent Magnet Forecasted Market Size by Application (2027-2032)
  8. 5.3 Key Regions Market Size by Application
  9. 5.3.1 North America EV Permanent Magnet Sales Breakdown by Application (2021-2026)
  10. 5.3.2 Europe EV Permanent Magnet Sales Breakdown by Application (2021-2026)
  11. 5.3.3 Asia-Pacific EV Permanent Magnet Sales Breakdown by Application (2021-2026)
  12. 5.3.4 South America EV Permanent Magnet Sales Breakdown by Application (2021-2026)
  13. 5.3.5 Middle East and Africa EV Permanent Magnet Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Yantai Zhenghai Magnetic Material CO. LTD.
  2. 6.1.1 Yantai Zhenghai Magnetic Material CO. LTD. Company Information
  3. 6.1.2 Yantai Zhenghai Magnetic Material CO. LTD. Business Overview
  4. 6.1.3 Yantai Zhenghai Magnetic Material CO. LTD. EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Yantai Zhenghai Magnetic Material CO. LTD. EV Permanent Magnet Product Portfolio
  6. 6.1.5 Yantai Zhenghai Magnetic Material CO. LTD. Recent Developments
  7. 6.2 Hangzhou Permanent Magnet Group., Ltd.
  8. 6.2.1 Hangzhou Permanent Magnet Group., Ltd. Company Information
  9. 6.2.2 Hangzhou Permanent Magnet Group., Ltd. Business Overview
  10. 6.2.3 Hangzhou Permanent Magnet Group., Ltd. EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Hangzhou Permanent Magnet Group., Ltd. EV Permanent Magnet Product Portfolio
  12. 6.2.5 Hangzhou Permanent Magnet Group., Ltd. Recent Developments
  13. 6.3 Viona Magnetics
  14. 6.3.1 Viona Magnetics Company Information
  15. 6.3.2 Viona Magnetics Business Overview
  16. 6.3.3 Viona Magnetics EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Viona Magnetics EV Permanent Magnet Product Portfolio
  18. 6.3.5 Viona Magnetics Recent Developments
  19. 6.4 Vacuumschmelze GmbH & Co. KG
  20. 6.4.1 Vacuumschmelze GmbH & Co. KG Company Information
  21. 6.4.2 Vacuumschmelze GmbH & Co. KG Business Overview
  22. 6.4.3 Vacuumschmelze GmbH & Co. KG EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Vacuumschmelze GmbH & Co. KG EV Permanent Magnet Product Portfolio
  24. 6.4.5 Vacuumschmelze GmbH & Co. KG Recent Developments
  25. 6.5 Tengam Engineering, Inc.
  26. 6.5.1 Tengam Engineering, Inc. Company Information
  27. 6.5.2 Tengam Engineering, Inc. Business Overview
  28. 6.5.3 Tengam Engineering, Inc. EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Tengam Engineering, Inc. EV Permanent Magnet Product Portfolio
  30. 6.5.5 Tengam Engineering, Inc. Recent Developments
  31. 6.6 Daido Steel Co., Ltd
  32. 6.6.1 Daido Steel Co., Ltd Company Information
  33. 6.6.2 Daido Steel Co., Ltd Business Overview
  34. 6.6.3 Daido Steel Co., Ltd EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Daido Steel Co., Ltd EV Permanent Magnet Product Portfolio
  36. 6.6.5 Daido Steel Co., Ltd Recent Developments
  37. 6.7 Electron Energy Corporation.
  38. 6.7.1 Electron Energy Corporation. Company Information
  39. 6.7.2 Electron Energy Corporation. Business Overview
  40. 6.7.3 Electron Energy Corporation. EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Electron Energy Corporation. EV Permanent Magnet Product Portfolio
  42. 6.7.5 Electron Energy Corporation. Recent Developments
  43. 6.8 MP Materials
  44. 6.8.1 MP Materials Company Information
  45. 6.8.2 MP Materials Business Overview
  46. 6.8.3 MP Materials EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 MP Materials EV Permanent Magnet Product Portfolio
  48. 6.8.5 MP Materials Recent Developments
  49. 6.9 Newland Magnetics
  50. 6.9.1 Newland Magnetics Company Information
  51. 6.9.2 Newland Magnetics Business Overview
  52. 6.9.3 Newland Magnetics EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Newland Magnetics EV Permanent Magnet Product Portfolio
  54. 6.9.5 Newland Magnetics Recent Developments
  55. 6.10 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd.
  56. 6.10.1 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Company Information
  57. 6.10.2 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Business Overview
  58. 6.10.3 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. EV Permanent Magnet Product Portfolio
  60. 6.10.5 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Recent Developments
  61. 6.11 Yantai Dongxing Magnetic Materials Inc
  62. 6.11.1 Yantai Dongxing Magnetic Materials Inc Company Information
  63. 6.11.2 Yantai Dongxing Magnetic Materials Inc Business Overview
  64. 6.11.3 Yantai Dongxing Magnetic Materials Inc EV Permanent Magnet Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Yantai Dongxing Magnetic Materials Inc EV Permanent Magnet Product Portfolio
  66. 6.11.5 Yantai Dongxing Magnetic Materials Inc Recent Developments
7 North America by Country
  1. 7.1 North America EV Permanent Magnet Sales by Country
  2. 7.1.1 North America EV Permanent Magnet Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America EV Permanent Magnet Sales by Country (2021-2026)
  4. 7.1.3 North America EV Permanent Magnet Sales Forecast by Country (2027-2032)
  5. 7.2 North America EV Permanent Magnet Market Size by Country
  6. 7.2.1 North America EV Permanent Magnet Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America EV Permanent Magnet Market Size by Country (2021-2026)
  8. 7.2.3 North America EV Permanent Magnet Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe EV Permanent Magnet Sales by Country
  2. 8.1.1 Europe EV Permanent Magnet Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe EV Permanent Magnet Sales by Country (2021-2026)
  4. 8.1.3 Europe EV Permanent Magnet Sales Forecast by Country (2027-2032)
  5. 8.2 Europe EV Permanent Magnet Market Size by Country
  6. 8.2.1 Europe EV Permanent Magnet Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe EV Permanent Magnet Market Size by Country (2021-2026)
  8. 8.2.3 Europe EV Permanent Magnet Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific EV Permanent Magnet Sales by Country
  2. 9.1.1 Asia-Pacific EV Permanent Magnet Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific EV Permanent Magnet Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific EV Permanent Magnet Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific EV Permanent Magnet Market Size by Country
  6. 9.2.1 Asia-Pacific EV Permanent Magnet Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific EV Permanent Magnet Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific EV Permanent Magnet Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America EV Permanent Magnet Sales by Country
  2. 10.1.1 South America EV Permanent Magnet Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America EV Permanent Magnet Sales by Country (2021-2026)
  4. 10.1.3 South America EV Permanent Magnet Sales Forecast by Country (2027-2032)
  5. 10.2 South America EV Permanent Magnet Market Size by Country
  6. 10.2.1 South America EV Permanent Magnet Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America EV Permanent Magnet Market Size by Country (2021-2026)
  8. 10.2.3 South America EV Permanent Magnet Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa EV Permanent Magnet Sales by Country
  2. 11.1.1 Middle East and Africa EV Permanent Magnet Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa EV Permanent Magnet Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa EV Permanent Magnet Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa EV Permanent Magnet Market Size by Country
  6. 11.2.1 Middle East and Africa EV Permanent Magnet Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa EV Permanent Magnet Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa EV Permanent Magnet Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 EV Permanent Magnet Value Chain Analysis
  2. 12.1.1 EV Permanent Magnet Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 EV Permanent Magnet Production Mode & Process
  7. 12.2 EV Permanent Magnet Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 EV Permanent Magnet Distributors
  10. 12.2.3 EV Permanent Magnet Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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