What was the market valuation of the US permanent magnet market in 2024?

The market valuation of the US permanent magnet market was $5.71 Billion in 2024. Read More

What is the projected market valuation for the US permanent magnet market in 2035?

The projected market valuation for the US permanent magnet market is $20.56 Billion in 2035. Read More

What is the expected CAGR for the US permanent magnet market during the forecast period 2025 - 2035?

The expected CAGR for the US permanent magnet market during the forecast period 2025 - 2035 is 12.36%. Read More

Which type of permanent magnets had the highest valuation in 2024?

In 2024, Neodymium Iron Boron Magnets had the highest valuation at $2.85 Billion. Read More

What is the projected valuation for Ferrite Magnets by 2035?

The projected valuation for Ferrite Magnets is $4.05 Billion by 2035. Read More

Which end-use segment is expected to grow significantly in the US permanent magnet market?

The Consumer Electronics segment is expected to grow significantly, with a valuation of $4.05 Billion projected for 2035. Read More

Who are the key players in the US permanent magnet market?

Key players in the US permanent magnet market include Hitachi Metals, Magnequench, and Arnold Magnetic Technologies. Read More

What was the valuation of Samarium Cobalt Magnets in 2024?

The valuation of Samarium Cobalt Magnets in 2024 was $0.57 Billion. Read More

What is the projected valuation for the Automotive segment by 2035?

The projected valuation for the Automotive segment is $4.05 Billion by 2035. Read More

How does the valuation of Alnico Magnets compare to Others in 2024?

In 2024, Alnico Magnets were valued at $0.43 Billion, whereas Others were valued at $0.72 Billion. Read More

US Permanent Magnet Market

ID: MRFR/EnP/16747-HCR

100 Pages

Garvit Vyas

Last Updated: April 06, 2026

US Permanent Magnet Market Research Report By Type (Neodymium Iron Boron Magnets, Ferrite Magnets, Samarium Cobalt Magnets, Alnico Magnets, Others), By End-Use (Consumer Electronics, General Industrial, Automotive, Medical Technology, Environment & Energy, Aerospace & Defense, Others) - Forecast to 2035

Summary Table of Contents Segmentation Download PDF

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1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
1. 1.1 EXECUTIVE SUMMARY
  1. 1.1.1 Market Overview
  2. 1.1.2 Key Findings
  3. 1.1.3 Market Segmentation
  4. 1.1.4 Competitive Landscape
  5. 1.1.5 Challenges and Opportunities
  6. 1.1.6 Future Outlook
2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
1. 2.1 MARKET INTRODUCTION
  1. 2.1.1 Definition
  2. 2.1.2 Scope of the study
    1. 2.1.2.1 Research Objective
    2. 2.1.2.2 Assumption
    3. 2.1.2.3 Limitations
2. 2.2 RESEARCH METHODOLOGY
  1. 2.2.1 Overview
  2. 2.2.2 Data Mining
  3. 2.2.3 Secondary Research
  4. 2.2.4 Primary Research
    1. 2.2.4.1 Primary Interviews and Information Gathering Process
    2. 2.2.4.2 Breakdown of Primary Respondents
  5. 2.2.5 Forecasting Model
  6. 2.2.6 Market Size Estimation
    1. 2.2.6.1 Bottom-Up Approach
    2. 2.2.6.2 Top-Down Approach
  7. 2.2.7 Data Triangulation
  8. 2.2.8 Validation
3 SECTION III: QUALITATIVE ANALYSIS
1. 3.1 MARKET DYNAMICS
  1. 3.1.1 Overview
  2. 3.1.2 Drivers
  3. 3.1.3 Restraints
  4. 3.1.4 Opportunities
2. 3.2 MARKET FACTOR ANALYSIS
  1. 3.2.1 Value chain Analysis
  2. 3.2.2 Porter's Five Forces Analysis
    1. 3.2.2.1 Bargaining Power of Suppliers
    2. 3.2.2.2 Bargaining Power of Buyers
    3. 3.2.2.3 Threat of New Entrants
    4. 3.2.2.4 Threat of Substitutes
    5. 3.2.2.5 Intensity of Rivalry
  3. 3.2.3 COVID-19 Impact Analysis
    1. 3.2.3.1 Market Impact Analysis
    2. 3.2.3.2 Regional Impact
    3. 3.2.3.3 Opportunity and Threat Analysis
4 SECTION IV: QUANTITATIVE ANALYSIS
1. 4.1 Life Sciences, BY Type (USD Billion)
  1. 4.1.1 Neodymium Iron Boron Magnets
  2. 4.1.2 Ferrite Magnets
  3. 4.1.3 Samarium Cobalt Magnets
  4. 4.1.4 Alnico Magnets
  5. 4.1.5 Others
2. 4.2 Life Sciences, BY End-Use (USD Billion)
  1. 4.2.1 Consumer Electronics
  2. 4.2.2 General Industrial
  3. 4.2.3 Automotive
  4. 4.2.4 Medical Technology
  5. 4.2.5 Environment & Energy
  6. 4.2.6 Aerospace & Defense
  7. 4.2.7 Others
5 SECTION V: COMPETITIVE ANALYSIS
1. 5.1 Competitive Landscape
  1. 5.1.1 Overview
  2. 5.1.2 Competitive Analysis
  3. 5.1.3 Market share Analysis
  4. 5.1.4 Major Growth Strategy in the Life Sciences
  5. 5.1.5 Competitive Benchmarking
  6. 5.1.6 Leading Players in Terms of Number of Developments in the Life Sciences
  7. 5.1.7 Key developments and growth strategies
    1. 5.1.7.1 New Product Launch/Service Deployment
    2. 5.1.7.2 Merger & Acquisitions
    3. 5.1.7.3 Joint Ventures
  8. 5.1.8 Major Players Financial Matrix
    1. 5.1.8.1 Sales and Operating Income
    2. 5.1.8.2 Major Players R&D Expenditure. 2023
2. 5.2 Company Profiles
  1. 5.2.1 Hitachi Metals (JP)
    1. 5.2.1.1 Financial Overview
    2. 5.2.1.2 Products Offered
    3. 5.2.1.3 Key Developments
    4. 5.2.1.4 SWOT Analysis
    5. 5.2.1.5 Key Strategies
  2. 5.2.2 Magnequench (US)
    1. 5.2.2.1 Financial Overview
    2. 5.2.2.2 Products Offered
    3. 5.2.2.3 Key Developments
    4. 5.2.2.4 SWOT Analysis
    5. 5.2.2.5 Key Strategies
  3. 5.2.3 Ningbo Yunsheng (CN)
    1. 5.2.3.1 Financial Overview
    2. 5.2.3.2 Products Offered
    3. 5.2.3.3 Key Developments
    4. 5.2.3.4 SWOT Analysis
    5. 5.2.3.5 Key Strategies
  4. 5.2.4 Bunting Magnetics (US)
    1. 5.2.4.1 Financial Overview
    2. 5.2.4.2 Products Offered
    3. 5.2.4.3 Key Developments
    4. 5.2.4.4 SWOT Analysis
    5. 5.2.4.5 Key Strategies
  5. 5.2.5 Toshiba (JP)
    1. 5.2.5.1 Financial Overview
    2. 5.2.5.2 Products Offered
    3. 5.2.5.3 Key Developments
    4. 5.2.5.4 SWOT Analysis
    5. 5.2.5.5 Key Strategies
  6. 5.2.6 VACUUMSCHMELZE (DE)
    1. 5.2.6.1 Financial Overview
    2. 5.2.6.2 Products Offered
    3. 5.2.6.3 Key Developments
    4. 5.2.6.4 SWOT Analysis
    5. 5.2.6.5 Key Strategies
  7. 5.2.7 Shin-Etsu Chemical (JP)
    1. 5.2.7.1 Financial Overview
    2. 5.2.7.2 Products Offered
    3. 5.2.7.3 Key Developments
    4. 5.2.7.4 SWOT Analysis
    5. 5.2.7.5 Key Strategies
  8. 5.2.8 Arnold Magnetic Technologies (US)
    1. 5.2.8.1 Financial Overview
    2. 5.2.8.2 Products Offered
    3. 5.2.8.3 Key Developments
    4. 5.2.8.4 SWOT Analysis
    5. 5.2.8.5 Key Strategies
  9. 5.2.9 China Rare Earth Holdings (HK)
    1. 5.2.9.1 Financial Overview
    2. 5.2.9.2 Products Offered
    3. 5.2.9.3 Key Developments
    4. 5.2.9.4 SWOT Analysis
    5. 5.2.9.5 Key Strategies
3. 5.3 Appendix
  1. 5.3.1 References
  2. 5.3.2 Related Reports
6 LIST OF FIGURES
1. 6.1 MARKET SYNOPSIS
2. 6.2 US MARKET ANALYSIS BY TYPE
3. 6.3 US MARKET ANALYSIS BY END-USE
4. 6.4 KEY BUYING CRITERIA OF LIFE SCIENCES
5. 6.5 RESEARCH PROCESS OF MRFR
6. 6.6 DRO ANALYSIS OF LIFE SCIENCES
7. 6.7 DRIVERS IMPACT ANALYSIS: LIFE SCIENCES
8. 6.8 RESTRAINTS IMPACT ANALYSIS: LIFE SCIENCES
9. 6.9 SUPPLY / VALUE CHAIN: LIFE SCIENCES
10. 6.10 LIFE SCIENCES, BY TYPE, 2024 (% SHARE)
11. 6.11 LIFE SCIENCES, BY TYPE, 2024 TO 2035 (USD Billion)
12. 6.12 LIFE SCIENCES, BY END-USE, 2024 (% SHARE)
13. 6.13 LIFE SCIENCES, BY END-USE, 2024 TO 2035 (USD Billion)
14. 6.14 BENCHMARKING OF MAJOR COMPETITORS
7 LIST OF TABLES
1. 7.1 LIST OF ASSUMPTIONS
7.1.1
1. 7.2 US MARKET SIZE ESTIMATES; FORECAST
  1. 7.2.1 BY TYPE, 2025-2035 (USD Billion)
  2. 7.2.2 BY END-USE, 2025-2035 (USD Billion)
2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
7.3.1
1. 7.4 ACQUISITION/PARTNERSHIP
7.4.1

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US Life Sciences Market Segmentation

Life Sciences By Type (USD Billion, 2025-2035)

Neodymium Iron Boron Magnets
Ferrite Magnets
Samarium Cobalt Magnets
Alnico Magnets
Others

Life Sciences By End-Use (USD Billion, 2025-2035)

Consumer Electronics
General Industrial
Automotive
Medical Technology
Environment & Energy
Aerospace & Defense
Others

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