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Europe Rare Earth Magnet for Electric Vehicle Motor market size was valued at US$ 1.62 billion in 2024 and is projected to reach US$ 3.37 billion by 2030, at a CAGR of 13.0% during the forecast period 2024-2030.
High-performance magnets for all types of electric vehicle motors.
Passenger EVs represent 78% of demand. Germany maintains 43% market share. Commercial EV segment growing at 15.5% annually.
Report Includes
This report is an essential reference for who looks for detailed information on Europe Rare Earth Magnet for Electric Vehicle Motor. The report covers data on Europe markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Europe major vendors¡¯ information. In addition to the data part, the report also provides overview of Rare Earth Magnet for Electric Vehicle Motor, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Europe Rare Earth Magnet for Electric Vehicle Motor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rare Earth Magnet for Electric Vehicle Motor. This report contains market size and forecasts of Rare Earth Magnet for Electric Vehicle Motor in Europe, including the following market information:
We surveyed the Rare Earth Magnet for Electric Vehicle Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
1. What is the size of the European Rare Earth Magnet for Electric Vehicle Motor market in 2024?
The European Rare Earth Magnet for Electric Vehicle Motor market is valued at US$ 1.62 billion in 2024.
2. What is the projected market size of the European Rare Earth Magnet for Electric Vehicle Motor market by 2030?
The market is expected to reach US$ 3.38 billion by 2030.
3. What factors are driving the growth of the Rare Earth Magnet for Electric Vehicle Motor market?
Key drivers include:
Increasing adoption of electric vehicles (EVs) in Europe.
Rising demand for energy-efficient and high-performance EV motors.
Government initiatives and incentives to promote EV adoption.
4. Why are rare earth magnets important for electric vehicle motors?
Rare earth magnets, such as neodymium and samarium-cobalt magnets, are essential for EV motors due to their:
High magnetic strength.
Compact size.
Efficiency in improving motor performance and reducing energy consumption.
5. Which countries in Europe are leading in the Rare Earth Magnet for Electric Vehicle Motor market?
Major contributors include Germany, France, and the UK, driven by their strong automotive industries and increasing EV adoption.
The report also provides analysis of leading market participants including:
Key Points of this Report:
Reasons to Purchase this Report:
1.1 Product Overview and Scope of Rare Earth Magnet for Electric Vehicle Motor
1.2.1 Europe Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Sintered Neodymium Magnet
1.2.3 Bonded Neodymium Magnet
1.2.4 Others
1.3.1 Europe Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 BEVs
1.3.3 PHEVs
1.3.4 HEVs
1.4 Europe Market Growth Prospects
1.4.1 Europe Revenue Estimates and Forecasts (2019-2030)
1.4.2 Europe Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Europe Production by Manufacturers (2019-2023)
3.2 Europe Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Europe Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Europe 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Europe Production
4.1.1 Europe Production YoY Growth Rate (2019-2023)
4.1.2 Europe Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Europe
5.1.1 Europe Consumption by Country
5.1.2 Europe Sales, Consumption, Export, Import (2019-2023)
5.1.1 Germany
5.2.2 United Kingdom
5.3.3 France
5.4.4 Italy
5.5.5 Spain
5.6.6 Netherlands
5.7.7 Belgium
6.1 Europe Production Market Share by Type (2019-2024)
6.2 Europe Revenue Market Share by Type (2019-2024)
6.3 Europe Price by Type (2019-2024)
7.1 Europe Production Market Share by Application (2019-2024)
7.2 Europe Revenue Market Share by Application (2019-2024)
7.3 Europe Price by Application (2019-2024)
8.1 Vacuumschmelze (VAC)
8.1.1 Vacuumschmelze (VAC) Corporation Information
8.1.2 Vacuumschmelze (VAC) Product Portfolio
8.1.3 Vacuumschmelze (VAC) Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Vacuumschmelze (VAC) Main Business and Markets Served
8.1.5 Vacuumschmelze (VAC) Recent Developments/Updates
8.2 Arnold Magnetic Technologies
8.2.1 Arnold Magnetic Technologies Corporation Information
8.2.2 Arnold Magnetic Technologies Product Portfolio
8.2.3 Arnold Magnetic Technologies Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Arnold Magnetic Technologies Main Business and Markets Served
8.2.5 Arnold Magnetic Technologies Recent Developments/Updates
8.3 Lynas Rare Earths Ltd.
8.3.1 Lynas Rare Earths Ltd. Corporation Information
8.3.2 Lynas Rare Earths Ltd. Product Portfolio
8.3.3 Lynas Rare Earths Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Lynas Rare Earths Ltd. Main Business and Markets Served
8.3.5 Lynas Rare Earths Ltd. Recent Developments/Updates
8.4 Umicore
8.4.1 Umicore Corporation Information
8.4.2 Umicore Product Portfolio
8.4.3 Umicore Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Umicore Main Business and Markets Served
8.4.5 Umicore Recent Developments/Updates
8.5 Solikamsk Magnesium Works
8.5.1 Solikamsk Magnesium Works Corporation Information
8.5.2 Solikamsk Magnesium Works Product Portfolio
8.5.3 Solikamsk Magnesium Works Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Solikamsk Magnesium Works Main Business and Markets Served
8.5.5 Solikamsk Magnesium Works Recent Developments/Updates
8.6 Neorem Magnets
8.6.1 Neorem Magnets Corporation Information
8.6.2 Neorem Magnets Product Portfolio
8.6.3 Neorem Magnets Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Neorem Magnets Main Business and Markets Served
8.6.5 Neorem Magnets Recent Developments/Updates
8.7 Shin-Etsu Rare Earth Magnets
8.7.1 Shin-Etsu Rare Earth Magnets Corporation Information
8.7.2 Shin-Etsu Rare Earth Magnets Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Shin-Etsu Rare Earth Magnets Main Business and Markets Served
8.7.4 Shin-Etsu Rare Earth Magnets Recent Developments/Updates
8.8 Ningbo Yunsheng Co. Ltd.
8.8.1 Ningbo Yunsheng Co. Ltd. Corporation Information
8.8.2 Ningbo Yunsheng Co. Ltd. Product Portfolio
8.8.3 Ningbo Yunsheng Co. Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Ningbo Yunsheng Co. Ltd. Main Business and Markets Served
8.8.5 Ningbo Yunsheng Co. Ltd. Recent Developments/Updates
8.9 Beijing Zhong Ke San Huan Hi-Tech Co. Ltd.
8.9.1 Beijing Zhong Ke San Huan Hi-Tech Co. Ltd. Corporation Information
8.9.2 Beijing Zhong Ke San Huan Hi-Tech Co. Ltd. Product Portfolio
8.9.3 Beijing Zhong Ke San Huan Hi-Tech Co. Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Beijing Zhong Ke San Huan Hi-Tech Co. Ltd. Main Business and Markets Served
8.9.5 Beijing Zhong Ke San Huan Hi-Tech Co. Ltd. Recent Developments/Updates
8.10 TDK Corporation
8.10.1 TDK Corporation Corporation Information
8.10.2 TDK Corporation Product Portfolio
8.10.3 TDK Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 TDK Corporation Main Business and Markets Served
8.10.5 TDK Corporation Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Rare Earth Magnet for Electric Vehicle Motor
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Europe Production, Revenue Forecast (2024-2030)
13.1 Europe Forecasted Consumption of by Country
14.1 Europe Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Europe Forecasted Production of by Type (2024-2030)
14.1.2 Europe Forecasted Revenue of by Type (2024-2030)
14.1.3 Europe Forecasted Price of by Type (2024-2030)
14.2 Europe Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Europe Forecasted Production of by Application (2024-2030)
14.2.2 Europe Forecasted Revenue of by Application (2024-2030)
14.2.3 Europe Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
