Selected research
Market Structure
Global NEV Permanent Magnets Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global NEV Permanent Magnets market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for NEV Permanent Magnets is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for NEV Permanent Magnets is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for NEV Permanent Magnets is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for NEV Permanent Magnets 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 NEV Permanent Magnets include Proterial, Adams Magnetic Products Co., Shin-Etsu Chemical Co. LTD., Arnold Magnetic Technologies, TDK Corporation, Newland Magnetics, Yantai Zhenghai Magnetic Material CO. LTD., Hangzhou Permanent Magnet Group., Ltd. and Viona Magnetics, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines NEV Permanent Magnets output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of NEV Permanent Magnets by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global NEV Permanent Magnets market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of NEV Permanent Magnets and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents NEV Permanent Magnets sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the NEV Permanent Magnets market size, projected growth trends, production technologies, key applications, and end-use industries.
NEV Permanent Magnets Segment by Company
Proterial
Adams Magnetic Products Co.
Shin-Etsu Chemical Co. LTD.
Arnold Magnetic Technologies
TDK Corporation
Newland Magnetics
Yantai Zhenghai Magnetic Material CO. LTD.
Hangzhou Permanent Magnet Group., Ltd.
Viona Magnetics
Vacuumschmelze GmbH & Co. KG
Tengam Engineering, Inc.
MP Materials
Electron Energy Corporation.
Daido Steel Co., Ltd
Yantai Dongxing Magnetic Materials Inc
Beijing Zhong Ke San Huan Hi-Tech Co., Ltd.
NEV Permanent Magnets Segment by Type
NdFeB
SmCo
Others
NEV Permanent Magnets Segment by Application
Commercial Vehicles
Passenger Vehicles
NEV Permanent Magnets 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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 NEV Permanent Magnets 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 NEV Permanent Magnets 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 NEV Permanent Magnets.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the NEV Permanent Magnets market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global NEV Permanent Magnets industry.
Chapter 3: Detailed analysis of NEV Permanent Magnets market competition landscape. Including NEV Permanent Magnets manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of NEV Permanent Magnets by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of NEV Permanent Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- NdFeB
- SmCo
- Others
Applications
- Commercial Vehicles
- Passenger Vehicles
Companies covered
- Proterial
- Adams Magnetic Products Co.
- Shin-Etsu Chemical Co. LTD.
- Arnold Magnetic Technologies
- TDK Corporation
- Newland Magnetics
- Yantai Zhenghai Magnetic Material CO. LTD.
- Hangzhou Permanent Magnet Group., Ltd.
- Viona Magnetics
- Vacuumschmelze GmbH & Co. KG
- Tengam Engineering, Inc.
- MP Materials
- Electron Energy Corporation.
- Daido Steel Co., Ltd
- Yantai Dongxing Magnetic Materials Inc
- Beijing Zhong Ke San Huan Hi-Tech Co., Ltd.
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global NEV Permanent Magnets Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global NEV Permanent Magnets Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global NEV Permanent Magnets Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global NEV Permanent Magnets Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global NEV Permanent Magnets Market Dynamics
- 2.1 NEV Permanent Magnets Industry Trends
- 2.2 NEV Permanent Magnets Industry Drivers
- 2.3 NEV Permanent Magnets Industry Opportunities and Challenges
- 2.4 NEV Permanent Magnets Industry Restraints
3 NEV Permanent Magnets Market by Manufacturers
- 3.1 Global NEV Permanent Magnets Production Value by Manufacturers (2021-2026)
- 3.2 Global NEV Permanent Magnets Production by Manufacturers (2021-2026)
- 3.3 Global NEV Permanent Magnets Average Price by Manufacturers (2021-2026)
- 3.4 Global NEV Permanent Magnets Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global NEV Permanent Magnets Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global NEV Permanent Magnets Manufacturers, Product Type & Application
- 3.7 Global NEV Permanent Magnets Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global NEV Permanent Magnets Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 NEV Permanent Magnets Players Market Share by Production Value in 2025
- 3.8.3 2025 NEV Permanent Magnets Tier 1, Tier 2, and Tier 3
4 NEV Permanent Magnets Market by Type
- 4.1 NEV Permanent Magnets Type Introduction
- 4.1.1 NdFeB
- 4.1.2 SmCo
- 4.1.3 Others
- 4.2 Global NEV Permanent Magnets Production by Type
- 4.2.1 Global NEV Permanent Magnets Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global NEV Permanent Magnets Production by Type (2021-2032)
- 4.2.3 Global NEV Permanent Magnets Production Market Share by Type (2021-2032)
- 4.3 Global NEV Permanent Magnets Production Value by Type
- 4.3.1 Global NEV Permanent Magnets Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global NEV Permanent Magnets Production Value by Type (2021-2032)
- 4.3.3 Global NEV Permanent Magnets Production Value Market Share by Type (2021-2032)
5 NEV Permanent Magnets Market by Application
- 5.1 NEV Permanent Magnets Application Introduction
- 5.1.1 Commercial Vehicles
- 5.1.2 Passenger Vehicles
- 5.2 Global NEV Permanent Magnets Production by Application
- 5.2.1 Global NEV Permanent Magnets Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global NEV Permanent Magnets Production by Application (2021-2032)
- 5.2.3 Global NEV Permanent Magnets Production Market Share by Application (2021-2032)
- 5.3 Global NEV Permanent Magnets Production Value by Application
- 5.3.1 Global NEV Permanent Magnets Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global NEV Permanent Magnets Production Value by Application (2021-2032)
- 5.3.3 Global NEV Permanent Magnets Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Proterial
- 6.1.1 Proterial Company Information
- 6.1.2 Proterial Business Overview
- 6.1.3 Proterial NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.1.4 Proterial NEV Permanent Magnets Product Portfolio
- 6.1.5 Proterial Recent Developments
- 6.2 Adams Magnetic Products Co.
- 6.2.1 Adams Magnetic Products Co. Company Information
- 6.2.2 Adams Magnetic Products Co. Business Overview
- 6.2.3 Adams Magnetic Products Co. NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.2.4 Adams Magnetic Products Co. NEV Permanent Magnets Product Portfolio
- 6.2.5 Adams Magnetic Products Co. Recent Developments
- 6.3 Shin-Etsu Chemical Co. LTD.
- 6.3.1 Shin-Etsu Chemical Co. LTD. Company Information
- 6.3.2 Shin-Etsu Chemical Co. LTD. Business Overview
- 6.3.3 Shin-Etsu Chemical Co. LTD. NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.3.4 Shin-Etsu Chemical Co. LTD. NEV Permanent Magnets Product Portfolio
- 6.3.5 Shin-Etsu Chemical Co. LTD. Recent Developments
- 6.4 Arnold Magnetic Technologies
- 6.4.1 Arnold Magnetic Technologies Company Information
- 6.4.2 Arnold Magnetic Technologies Business Overview
- 6.4.3 Arnold Magnetic Technologies NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.4.4 Arnold Magnetic Technologies NEV Permanent Magnets Product Portfolio
- 6.4.5 Arnold Magnetic Technologies Recent Developments
- 6.5 TDK Corporation
- 6.5.1 TDK Corporation Company Information
- 6.5.2 TDK Corporation Business Overview
- 6.5.3 TDK Corporation NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.5.4 TDK Corporation NEV Permanent Magnets Product Portfolio
- 6.5.5 TDK Corporation Recent Developments
- 6.6 Newland Magnetics
- 6.6.1 Newland Magnetics Company Information
- 6.6.2 Newland Magnetics Business Overview
- 6.6.3 Newland Magnetics NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.6.4 Newland Magnetics NEV Permanent Magnets Product Portfolio
- 6.6.5 Newland Magnetics Recent Developments
- 6.7 Yantai Zhenghai Magnetic Material CO. LTD.
- 6.7.1 Yantai Zhenghai Magnetic Material CO. LTD. Company Information
- 6.7.2 Yantai Zhenghai Magnetic Material CO. LTD. Business Overview
- 6.7.3 Yantai Zhenghai Magnetic Material CO. LTD. NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.7.4 Yantai Zhenghai Magnetic Material CO. LTD. NEV Permanent Magnets Product Portfolio
- 6.7.5 Yantai Zhenghai Magnetic Material CO. LTD. Recent Developments
- 6.8 Hangzhou Permanent Magnet Group., Ltd.
- 6.8.1 Hangzhou Permanent Magnet Group., Ltd. Company Information
- 6.8.2 Hangzhou Permanent Magnet Group., Ltd. Business Overview
- 6.8.3 Hangzhou Permanent Magnet Group., Ltd. NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.8.4 Hangzhou Permanent Magnet Group., Ltd. NEV Permanent Magnets Product Portfolio
- 6.8.5 Hangzhou Permanent Magnet Group., Ltd. Recent Developments
- 6.9 Viona Magnetics
- 6.9.1 Viona Magnetics Company Information
- 6.9.2 Viona Magnetics Business Overview
- 6.9.3 Viona Magnetics NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.9.4 Viona Magnetics NEV Permanent Magnets Product Portfolio
- 6.9.5 Viona Magnetics Recent Developments
- 6.10 Vacuumschmelze GmbH & Co. KG
- 6.10.1 Vacuumschmelze GmbH & Co. KG Company Information
- 6.10.2 Vacuumschmelze GmbH & Co. KG Business Overview
- 6.10.3 Vacuumschmelze GmbH & Co. KG NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.10.4 Vacuumschmelze GmbH & Co. KG NEV Permanent Magnets Product Portfolio
- 6.10.5 Vacuumschmelze GmbH & Co. KG Recent Developments
- 6.11 Tengam Engineering, Inc.
- 6.11.1 Tengam Engineering, Inc. Company Information
- 6.11.2 Tengam Engineering, Inc. Business Overview
- 6.11.3 Tengam Engineering, Inc. NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.11.4 Tengam Engineering, Inc. NEV Permanent Magnets Product Portfolio
- 6.11.5 Tengam Engineering, Inc. Recent Developments
- 6.12 MP Materials
- 6.12.1 MP Materials Company Information
- 6.12.2 MP Materials Business Overview
- 6.12.3 MP Materials NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.12.4 MP Materials NEV Permanent Magnets Product Portfolio
- 6.12.5 MP Materials Recent Developments
- 6.13 Electron Energy Corporation.
- 6.13.1 Electron Energy Corporation. Company Information
- 6.13.2 Electron Energy Corporation. Business Overview
- 6.13.3 Electron Energy Corporation. NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.13.4 Electron Energy Corporation. NEV Permanent Magnets Product Portfolio
- 6.13.5 Electron Energy Corporation. Recent Developments
- 6.14 Daido Steel Co., Ltd
- 6.14.1 Daido Steel Co., Ltd Company Information
- 6.14.2 Daido Steel Co., Ltd Business Overview
- 6.14.3 Daido Steel Co., Ltd NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.14.4 Daido Steel Co., Ltd NEV Permanent Magnets Product Portfolio
- 6.14.5 Daido Steel Co., Ltd Recent Developments
- 6.15 Yantai Dongxing Magnetic Materials Inc
- 6.15.1 Yantai Dongxing Magnetic Materials Inc Company Information
- 6.15.2 Yantai Dongxing Magnetic Materials Inc Business Overview
- 6.15.3 Yantai Dongxing Magnetic Materials Inc NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.15.4 Yantai Dongxing Magnetic Materials Inc NEV Permanent Magnets Product Portfolio
- 6.15.5 Yantai Dongxing Magnetic Materials Inc Recent Developments
- 6.16 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd.
- 6.16.1 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Company Information
- 6.16.2 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Business Overview
- 6.16.3 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. NEV Permanent Magnets Production, Value and Gross Margin (2021-2026)
- 6.16.4 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. NEV Permanent Magnets Product Portfolio
- 6.16.5 Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. Recent Developments
7 Global NEV Permanent Magnets Production by Region
- 7.1 Global NEV Permanent Magnets Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global NEV Permanent Magnets Production by Region (2021-2032)
- 7.2.1 Global NEV Permanent Magnets Production by Region (2021-2026)
- 7.2.2 Global NEV Permanent Magnets Production Forecast by Region (2027-2032)
- 7.3 Global NEV Permanent Magnets Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global NEV Permanent Magnets Production Value by Region (2021-2032)
- 7.4.1 Global NEV Permanent Magnets Production Value by Region (2021-2026)
- 7.4.2 Global NEV Permanent Magnets Production Value by Region (2027-2032)
- 7.5 Global NEV Permanent Magnets Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America NEV Permanent Magnets Production Value (2021-2032)
- 7.6.2 Europe NEV Permanent Magnets Production Value (2021-2032)
- 7.6.3 Asia-Pacific NEV Permanent Magnets Production Value (2021-2032)
- 7.6.4 South America NEV Permanent Magnets Production Value (2021-2032)
- 7.6.5 Middle East & Africa NEV Permanent Magnets Production Value (2021-2032)
8 Global NEV Permanent Magnets Consumption by Region
- 8.1 Global NEV Permanent Magnets Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global NEV Permanent Magnets Consumption by Region (2021-2032)
- 8.2.1 Global NEV Permanent Magnets Consumption by Region (2021-2026)
- 8.2.2 Global NEV Permanent Magnets Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America NEV Permanent Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America NEV Permanent Magnets Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe NEV Permanent Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe NEV Permanent Magnets Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific NEV Permanent Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific NEV Permanent Magnets Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America NEV Permanent Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America NEV Permanent Magnets Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa NEV Permanent Magnets Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa NEV Permanent Magnets Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 NEV Permanent Magnets Value Chain Analysis
- 9.1.1 NEV Permanent Magnets Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 NEV Permanent Magnets Production Mode & Process
- 9.2 NEV Permanent Magnets Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 NEV Permanent Magnets Distributors
- 9.2.3 NEV Permanent Magnets Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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