Permanent Magnets Market Size to Surpass US$ 91.71 Billion by 2033, at 8.5% CAGR

Permanent Magnets Market

The global permanent magnets market, valued at US$ 40.56 billion in 2023, is expected to rise at a healthy 8.5% compound annual growth rate (CAGR) and reach US$ 91.71 billion by 2033. The growing emphasis on renewable energy sources, particularly solar and wind, is expected to boost demand for permanent magnets. Permanent magnets play an […]