세계의 영구자석 시장 예측 : 재료 유형, 제조 공정, 제품 형태, 최종 용도, 유통 채널별(2025-2030년)

The Permanent Magnets Market was valued at USD 53.95 billion in 2024 and is projected to grow to USD 56.76 billion in 2025, with a CAGR of 5.47%, reaching USD 74.29 billion by 2030.

An integrative introduction that situates material science, supply chain dynamics, and application-driven demand as defining forces reshaping the permanent magnets ecosystem

The permanent magnets sector sits at the intersection of advanced materials science and fast-evolving industrial demand, supplying essential components for electrification, precision instruments, and consumer technologies. The industry's technical foundations are rooted in material selection, magnet geometry, and manufacturing processes that together determine performance attributes such as coercivity, remanence, thermal stability, and machinability. Over recent years, advances in powder metallurgy, bonding technologies, and magnet design have unlocked higher energy densities and improved reliability, while parallel progress in application engineering has deepened the role of magnets in complex systems.

Supply chain considerations now play an equally pivotal role alongside technical performance. Raw material procurement, geopolitical concentration of rare earth element refinement, and increasing scrutiny of environmental footprints have elevated upstream sourcing and responsible materials strategies to board-level priorities. As a result, product development cycles and procurement decisions are informed not only by magnet specifications but also by traceability, recyclability, and lifecycle impacts.

Looking forward, the convergence of stricter regulatory expectations, intensifying electrification in transportation, and expanding demand for compact, high-efficiency motors in industrial automation are reshaping R&D priorities. This environment requires stakeholders to balance trade-offs between cost, performance, and sustainability, while proactively investing in material diversification, supply chain transparency, and manufacturing innovation to maintain competitiveness and meet evolving end-use requirements.

How rapid electrification, industrial policy shifts, and manufacturing innovation are jointly rewriting supplier strategies and application requirements across the permanent magnets value chain

The landscape for permanent magnets is undergoing transformative shifts driven by technology adoption, policy incentives, and manufacturing innovation that together redefine competitive advantage. Electrification of transportation and industrial systems has materially increased demand for magnets with higher energy products and improved thermal performance, prompting suppliers to intensify R&D into high-performance neodymium iron boron formulations and resilient samarium cobalt alternatives. Concurrently, design-for-manufacture trends favor bonded and sintered manufacturing processes that optimize trade-offs between cost, geometric flexibility, and magnetic performance.

Policy frameworks and industrial strategy interventions are accelerating localization efforts and incentivizing supply chain resilience. In response, firms are exploring vertical integration, downstream partnerships, and co-investments in processing facilities to mitigate concentration risks associated with rare earth element refinement. Technological shifts such as additive manufacturing for magnet tooling, advanced coating and corrosion protection, and novel bonding agents are changing how engineers specify form factors and integrate magnets into assemblies.

At the buyer level, end-use applications are demanding greater specification granularity. Automotive OEMs require magnets that are optimized for high-efficiency electric motors and safety-critical subsystems, while aerospace and defense customers prioritize performance under extreme temperatures and reliability over extended service lives. Consumer electronics continues seeking smaller form factors and cost-effective performance for portable devices. Together, these market forces are driving suppliers to re-evaluate product portfolios, invest in targeted process upgrades, and pursue collaborative solutions with system integrators to sustain growth in a rapidly evolving landscape.

Assessing how the 2025 tariff landscape has reshaped procurement, sourcing strategies, and capital allocation decisions across the permanent magnets supply chain

The cumulative effects of increased tariff activity originating from the United States in 2025 have layered complexity onto an already intricate global supply chain for permanent magnets and their raw materials. Tariff measures functionally altered relative cost structures, prompting buyers and suppliers to reassess sourcing routes, inventory strategies, and contractual terms. In practical terms, manufacturers exposed to tariff-impacted imports needed to evaluate near-term price pressures while accelerating efforts to qualify alternative suppliers or repatriate certain stages of processing to stabilize lead times and reduce exposure to trade policy volatility.

These policy-driven cost adjustments cascaded into strategic responses across the ecosystem. Some downstream manufacturers absorbed incremental input costs temporarily, prioritizing continuity of supply and customer retention; others passed through higher prices where contract terms and competitive dynamics allowed. Simultaneously, the tariff environment provided impetus for longer-term capital allocation decisions, including the expansion of domestic or allied-region capacity for magnet manufacturing, investments in upward integration to secure critical inputs, and targeted R&D investments aimed at reducing dependence on tariff-vulnerable materials.

Market participants also adopted operational mitigations such as dual-sourcing strategies, buffer inventory policies, and refined hedging of raw material purchases. These approaches reduced the immediate risk of supply shocks but introduced trade-offs in working capital and production planning. In addition, the policy landscape catalyzed regulatory and compliance investments to ensure accurate tariff classification, preferential-origin documentation, and alignment with evolving trade compliance requirements. Overall, the tariff dynamics in 2025 reinforced the strategic importance of supply chain agility, diversified procurement, and investment in domestic capabilities for stakeholders across the permanent magnets value chain.

Segment-specific intelligence that links material categories, manufacturing methods, form factors, end-use technical demands, and distribution dynamics to actionable commercialization priorities

Segmentation-driven insight reveals where product development, manufacturing investment, and go-to-market strategies should be targeted to generate competitive differentiation. When considering material type, the market differentiates across Alnico, Ferrite, Neodymium Iron Boron, and Samarium Cobalt, with ferrite itself subdivided into hard ferrite and soft ferrite, and samarium cobalt examined as SmCo 32 and SmCo 33; each material class presents unique trade-offs between magnetic performance, thermal stability, cost, and availability, driving distinct value propositions for end users. In terms of manufacturing process, the distinction between bonded and sintered routes determines permissible geometries, production throughput, and surface finish options, which in turn influence adoption across diverse applications. Product form factors such as block, cylinder, disc, ring, and sheet create different integration challenges and manufacturing tolerances for system designers, requiring suppliers to maintain diverse tooling and quality assurance capabilities.

End use application segmentation further clarifies demand patterns and technical requirements: aerospace and defense applications emphasize guidance systems and satellites where mission-critical reliability and long-term stability are paramount, while automotive applications prioritize electric vehicles and safety systems that demand high energy density and cost-efficient production. Consumer electronics use cases like smartphones, televisions, and wearable devices require miniaturization and repeatable performance across high-volume runs. Healthcare applications span diagnostic equipment and medical devices that often require strict biocompatibility and sterilization-resistant coatings, and industrial equipment markets including actuators, electric motors, and sensors demand robustness, thermal management, and compatibility with control systems. Distribution channel segmentation between offline and online routes influences lead time expectations, technical support services, and aftermarket replacement dynamics. By aligning R&D priorities, capacity planning, and commercial models to these segment-specific requirements, firms can more effectively target investment and messaging to maximize product-market fit.

Regional dynamics and policy-driven incentives that define differentiated risk profiles and strategic responses across the Americas, Europe Middle East & Africa, and Asia-Pacific markets

Regional dynamics exert a profound influence on supply chains, investment incentives, and local demand trajectories, requiring nuanced strategies at both the corporate and policy engagement levels. In the Americas, manufacturers and buyers are increasingly focused on reshoring value-added processing, enhancing secure supply lines for rare earths, and aligning incentives to accelerate domestic capability building; meanwhile, demand growth is being driven by electrification initiatives and industrial modernization programs that prioritize resilient sourcing and near-term manufacturability. Across Europe, Middle East & Africa, regional priorities center on advanced materials research, circular economy initiatives, and regulatory alignment that emphasizes environmental responsibility and traceability; industrial policies and defense requirements in certain jurisdictions are also shaping procurement standards and local content considerations.

The Asia-Pacific region remains a critical fulcrum for raw material processing, magnet manufacturing capability, and rapid innovation cycles, with a dense ecosystem of suppliers, specialized processors, and application-driven OEMs that continue to drive technical performance improvements. However, the region is also the focus of diversification strategies by global buyers seeking to balance cost, proximity, and supply security. Together, these regional profiles create differentiated risk and opportunity landscapes: some firms will pursue capacity investment or partnership strategies in the Americas to secure supply sovereignty, others will engage regulatory and sustainability frameworks in Europe, Middle East & Africa to meet compliance and environmental goals, and many will maintain deep operational footprints in Asia-Pacific to capitalize on scale and technical expertise while selectively diversifying sourcing to reduce systemic exposure.

How material innovation, process mastery, and supply chain transparency serve as competitive differentiators that shape strategic partnerships and procurement preferences

Competitive positioning within the permanent magnets industry is defined by a combination of material expertise, manufacturing scale, proprietary process know-how, and the ability to offer system-level support to OEMs. Leading suppliers distinguish themselves through sustained investment in R&D to improve coercivity and thermal resilience, strategic partnerships that extend capabilities into upstream processing or downstream motor integration, and operational excellence that minimizes variability for high-reliability applications. Differentiation also arises from value-added services such as engineering support for magnet integration, custom tooling for complex geometries, and robust quality management systems that meet aerospace and medical device standards.

In addition to technology leadership, companies that demonstrate supply chain transparency and compliance with evolving environmental regulations often gain preferential positioning with procurement teams that are increasingly focused on lifecycle impacts and supplier auditing. Firms that can meaningfully reduce rare earth usage through material science advances or that can offer credible recycling and reclamation pathways can capture new tiers of demand from sustainability-conscious customers. Strategic alliances, joint ventures, and targeted acquisitions remain common approaches to secure access to critical raw materials or to expand downstream assembly capabilities. As a result, competitive dynamics reward both scale and the ability to execute focused, application-specific solutions that reduce integration friction for OEM partners.

A practical set of resilience, innovation, sustainability, and go-to-market actions designed to strengthen competitiveness and mitigate geopolitical and supply risks

Industry leaders should adopt a multi-pronged set of actions that strengthen resilience, accelerate innovation, and align commercial strategies with evolving end-user needs. First, prioritize diversification of critical input sources and consider strategic investments in upstream processing capacity or partnerships that reduce exposure to concentrated supply nodes. Such actions should be accompanied by enhanced trade compliance capabilities and dynamic procurement playbooks that incorporate dual-sourcing, supplier scorecards, and scenario-based inventory planning. Second, invest in product portfolio differentiation by balancing high-performance materials like advanced neodymium iron boron and samarium cobalt with ferrite variants where cost or thermal tolerance is a competitive advantage; concurrently advance bonded and sintered manufacturing process capabilities to deliver form-factor flexibility and production efficiency.

Third, accelerate sustainability initiatives by establishing traceability systems, adopting recycled feedstocks where technically feasible, and investing in end-of-life recovery programs to capture value from magnet-containing assemblies. Fourth, deepen customer engagement through engineering-as-a-service models that reduce design friction and enable system-level optimization, thereby embedding suppliers earlier in the product development lifecycle. Finally, pursue strategic geographic diversification for manufacturing and logistics to mitigate tariff and policy risks, while maintaining centers of excellence for materials R&D and high-precision production. Taken together, these recommendations provide a practical roadmap for firms seeking to enhance competitiveness and reduce exposure to external shocks.

A multi-method research approach combining expert interviews, technical literature validation, and supply chain mapping to produce rigorous and actionable insights

The research methodology combines primary interviews, technical literature review, materials science analysis, and supply chain mapping to ensure a robust and defensible set of insights. Primary research included structured interviews with materials scientists, manufacturing engineers, procurement leaders, and application OEMs to capture first-hand perspectives on performance trade-offs, sourcing constraints, and adoption barriers. These qualitative inputs were triangulated with a targeted review of peer-reviewed technical publications, patents, and standards documents to validate material behavior, processing parameters, and reliability thresholds under application-specific conditions.

Complementing qualitative inquiry, supply chain mapping identified critical nodes in raw material refinement, powder production, magnet fabrication, and downstream integration. This mapping informed scenario analysis around disruption points, inventory strategies, and mitigation levers that suppliers and buyers commonly employ. Wherever possible, technical assertions were cross-checked against case studies of recent capacity investments and published technology roadmaps to ensure alignment with observed industry trajectories. The methodology emphasizes transparency in data sources, careful treatment of proprietary information, and iterative validation with domain experts to produce actionable findings that reflect practical realities of the permanent magnets value chain.

A conclusive synthesis that links technical performance, resilience strategies, and regional policy considerations into a strategic blueprint for permanent magnets stakeholders

In conclusion, the permanent magnets sector is at an inflection point where material science advances, shifting demand patterns, and supply chain geopolitics converge to redefine strategic imperatives for suppliers and buyers. Technical performance remains the foundation of competitive differentiation, but increasingly, resilience, sustainability, and the ability to integrate closely with system designers determine commercial success. Firms that proactively diversify sourcing, invest in targeted manufacturing capabilities, and deepen engineering partnerships with OEMs will be better positioned to capture growth while mitigating exposure to policy-driven disruptions and raw material volatility.

Moreover, regional strategies must be tailored to local policy incentives and demand drivers: some organizations will prioritize building domestic processing capacity to ensure supply security, while others will leverage existing regional strengths to accelerate innovation and scale. Ultimately, the most successful participants will combine rigorous materials expertise with operational agility and credible sustainability commitments, enabling them to meet the evolving technical and commercial requirements of aerospace, automotive, consumer electronics, healthcare, and industrial applications. Decision-makers should treat the present period as an opportunity to realign resources and partnerships to secure durable advantage in a market defined by both technical complexity and strategic urgency.

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

• 4.1. Introduction
• 4.2. Market Sizing & Forecasting

5. Market Dynamics

• 5.1. Rising global electric vehicle production increasing demand for neodymium magnets in automotive motors
• 5.2. Supply chain diversification strategies adopted by manufacturers to mitigate rare earth export risks
• 5.3. Advancements in magnet recycling technologies improving recovery rates of rare earth elements
• 5.4. Increasing R&D investment in alternative magnet materials reducing reliance on critical rare earths
• 5.5. Growth of offshore and onshore wind turbine projects driving demand for high-coercivity permanent magnets
• 5.6. Innovations in additive manufacturing enabling custom-shaped permanent magnets for specialized applications
• 5.7. Development of dysprosium-free neodymium magnets through microstructure control and alloying techniques
• 5.8. Government policies and subsidies fostering domestic production capabilities for permanent magnet materials
• 5.9. Emergence of bonded magnet technologies offering design flexibility and lower production costs in motor design
• 5.10. Efforts to improve thermal stability and corrosion resistance of NdFeB magnets for harsh environment applications

6. Market Insights

• 6.1. Porter's Five Forces Analysis
• 6.2. PESTLE Analysis

7. Cumulative Impact of United States Tariffs 2025

8. Permanent Magnets Market, by Material Type

• 8.1. Introduction
• 8.2. Alnico
• 8.3. Ferrite
  • 8.3.1. Hard Ferrite
  • 8.3.2. Soft Ferrite
• 8.4. Neodymium Iron Boron
• 8.5. Samarium Cobalt
  • 8.5.1. SmCo 32
  • 8.5.2. SmCo 33

9. Permanent Magnets Market, by Manufacturing Process

• 9.1. Introduction
• 9.2. Bonded
• 9.3. Sintered

10. Permanent Magnets Market, by Product Form

• 10.1. Introduction
• 10.2. Block
• 10.3. Cylinder
• 10.4. Disc
• 10.5. Ring
• 10.6. Sheet

11. Permanent Magnets Market, by End Use Application

• 11.1. Introduction
• 11.2. Aerospace And Defense
  • 11.2.1. Guidance Systems
  • 11.2.2. Satellites
• 11.3. Automotive
  • 11.3.1. Electric Vehicles
  • 11.3.2. Safety Systems
• 11.4. Consumer Electronics
  • 11.4.1. Smartphones
  • 11.4.2. Televisions
  • 11.4.3. Wearable Devices
• 11.5. Healthcare
  • 11.5.1. Diagnostic Equipment
  • 11.5.2. Medical Devices
• 11.6. Industrial Equipment
  • 11.6.1. Actuators
  • 11.6.2. Electric Motors
  • 11.6.3. Sensors

12. Permanent Magnets Market, by Distribution Channel

• 12.1. Introduction
• 12.2. Offline
• 12.3. Online

13. Americas Permanent Magnets Market

• 13.1. Introduction
• 13.2. United States
• 13.3. Canada
• 13.4. Mexico
• 13.5. Brazil
• 13.6. Argentina

14. Europe, Middle East & Africa Permanent Magnets Market

• 14.1. Introduction
• 14.2. United Kingdom
• 14.3. Germany
• 14.4. France
• 14.5. Russia
• 14.6. Italy
• 14.7. Spain
• 14.8. United Arab Emirates
• 14.9. Saudi Arabia
• 14.10. South Africa
• 14.11. Denmark
• 14.12. Netherlands
• 14.13. Qatar
• 14.14. Finland
• 14.15. Sweden
• 14.16. Nigeria
• 14.17. Egypt
• 14.18. Turkey
• 14.19. Israel
• 14.20. Norway
• 14.21. Poland
• 14.22. Switzerland

15. Asia-Pacific Permanent Magnets Market

• 15.1. Introduction
• 15.2. China
• 15.3. India
• 15.4. Japan
• 15.5. Australia
• 15.6. South Korea
• 15.7. Indonesia
• 15.8. Thailand
• 15.9. Philippines
• 15.10. Malaysia
• 15.11. Singapore
• 15.12. Vietnam
• 15.13. Taiwan

16. Competitive Landscape

• 16.1. Market Share Analysis, 2024
• 16.2. FPNV Positioning Matrix, 2024
• 16.3. Competitive Analysis
  • 16.3.1. Adams Magnetic Products, LLC
  • 16.3.2. Arnold Magnetic Technologies Corporation
  • 16.3.3. Advanced Technology & Materials Co., Ltd.
  • 16.3.4. AIC Magnetics Ltd.
  • 16.3.5. Allstar Magnetics, LLC
  • 16.3.6. BGRIMM Magnetic Materials and Technology Co. Limited
  • 16.3.7. Bunting Magnetics Co.
  • 16.3.8. Chengudu Galaxy Magnets Co. Ltd.
  • 16.3.9. Dexter Magnetic Technologies
  • 16.3.10. Electron Energy Corporation
  • 16.3.11. GKN Powder Metallurgy Engineering GMBH
  • 16.3.12. Goudsmit Magnetics
  • 16.3.13. Integrated Magnetics
  • 16.3.14. Lynas Corporation Ltd.
  • 16.3.15. Master Magnetics, Inc.
  • 16.3.16. Ningbo Jintian Copper Group
  • 16.3.17. Ningbo Ketian Magnet Co., Ltd.
  • 16.3.18. Ningbo Yunsheng Co., Ltd.
  • 16.3.19. SDM Magnetics Co., Ltd.
  • 16.3.20. Shin-Etsu Chemical Co., Ltd.
  • 16.3.21. Toshiba Materials Co. Ltd.
  • 16.3.22. Vacuumschmelze GmbH & Co. KG
  • 16.3.23. Yantai Dongxing Magnetic Materials Inc.
  • 16.3.24. Yantai Shougang Magnetic Materials Inc.
  • 16.3.25. ZheJiang Stilwell Electronics Co.,LTD

17. ResearchAI

18. ResearchStatistics

19. ResearchContacts

20. ResearchArticles

21. Appendix