Future pattern of the rare earth magnet market - GIS user technology news

2025 to be a Defining Year for the Rare Earth Magnet Market

IDTechEx Research Article: High-performance rare earth magnets are set to remain critical materials in electric vehicles, wind turbines, and robotics applications, despite a climate of intensifying supply risks, price pressures and export restrictions. As new rare earth supply chains emerge across the USA, Europe and Asia, IDTechEx characterizes growth opportunities presented for rare earth magnet technologies - from separation and refining to ma

Future pattern of the rare earth magnet market - GIS user technology news

By 2036, the global rare earth magnet market is expected to exceed US$9.19 billion, with a steady CAGR. Behind this growth, the rapid demand in high-tech fields such as electric vehicles (EVs), robotics, wind power generation, and data centers has become the core driving force. Rare earth magnets are becoming the cornerstone of modern industry […] The post Future pattern of the rare earth magnet market appeared first on GIS user technology news.