Global Permanent Magnets market has experienced remarkable growth in the business sector, with a Compound Annual Growth Rate (CAGR) of 9.3%. This market, which was valued at USD 21.45 billion in 2022, has played a vital role in transforming business operations, enhancing adaptability, and streamlining processes. It is evident that businesses worldwide recognize the significance of the Permanent Magnets in optimizing energy consumption, positioning the market for further expansion and innovation.
Key Market Players
Hitachi Metals, Ltd
TDK Corporation
Daido Steel Co., Ltd
Eclipse Magnetics Ltd
Electron Energy Corp.
GOUDSMIT MAGNETICS GROUP
ARNOLD MAGNETIC TECHNOLOGIES
Ningbo Yunsheng Co., Ltd
Magnequench International, LLC
Shin-Etsu Chemical Co., Ltd
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