Rare Earth Magnet for EV Traction Motor Market
The global Rare Earth Magnet for EV Traction Motor Market size reached 1980 USD Million in 2023. Looking forward, MarketsGlob expects the market to reach 5700 USD Million by 2031, exhibiting a growth rate (CAGR) of 14.1% during 2024-2031.
Rare Earth Magnet for EV Traction Motor Market
Market forecast to grow at a CAGR of 14.1%
Note:The image is for illustrative purposes only
Key Players in the Market
The report includes a detailed analysis of both established and emerging companies in the market. Key players are highlighted based on their product offerings and other relevant factors, with consideration given to their year of market entry.
Major players includes
- JL MAG
- ZHmag
- Proterial (Hitachi Metals)
- Innuovo Magnetics
- Shin-Etsu Chemical
- Yantai Dongxing (YSM)
- TDK
- Earth-Panda
- Vacuumschmelze (VAC)
- Jingci Material Science
- Chengdu Galaxy Magnets
- Ningbo Jinji
- Zhejiang Zhongyuan Magnetic
- Zhejiang Zhongke Magnetic
- Tianhe Magnetics
(Please note that the list of players mentioned here is not final. We encourage you to request a sample report to review the most up-to-date list of all relevant players.)
Segmentation for Rare Earth Magnet for EV Traction Motor Market
Products Segment Analysis
- Sintered Neodymium Magnet
- Bonded Neodymium Magnet
- Others
Applications Segment Analysis
- BEVs
- PHEVs
- HEVs
(Please note that the segmentation provided in this report is not limited to these categories. We can further break down the data into additional segments as per your specific requirements. We encourage you to request a sample report to explore the detailed scope of our research and customized insights.)
Sales Channel Segment Analysis
- Direct Channel
- Distribution Channel
Market segment by Region/Country including:
- North America (United States, Canada, Mexico)
- Europe (Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific)
- South America (Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America)
- Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa)
Report Coverage:
| Base Year of the Analysis | 2025 |
|---|---|
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2032 |
| Types Covered | Sintered Neodymium Magnet, Bonded Neodymium Magnet, Others |
| Applications Covered | BEVs, PHEVs, HEVs |
| Companies Covered |
JL MAG, ZHmag, Proterial (Hitachi Metals), Innuovo Magnetics, Shin-Etsu Chemical, Yantai Dongxing (YSM), TDK, Earth-Panda, Vacuumschmelze (VAC), Jingci Material Science, Chengdu Galaxy Magnets, Ningbo Jinji, Zhejiang Zhongyuan Magnetic, Zhejiang Zhongke Magnetic, Tianhe Magnetics (Please note that the list of players mentioned here is not final. We encourage you to request a sample report to review the most up-to-date list of all relevant players.) |
| Sales Channels Covered | Direct Channel, Distribution Channel |
| Regions Covered | North America, Europe, Asia-Pacific, South America, Middle East and Africa |
| Countries Covered | United States, Canada, Mexico, Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe, China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific, Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America, UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa |
| Customization Scope | We offer extensive customization options for different segments at the region/country-level, ensuring that specific needs are met. Furthermore, our services extend to additional customization based on your unique requirements. |
| Purchase Options | We have three plans to opt for: Standard Plan (PDF), Advanced Plan (PDF + Excel Data Pack) & Extended Plan (PDF + Excel Data Pack + Periodic Update). For more details, please check details of plan types & features. |
Frequently Asked Questions
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