Digital Transformation Catalyzes Growth in Global Permanent Magnet...

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2024-12-20 15:49:39

Digital Transformation Catalyzes Growth in Global Permanent Magnet Market

The Global Permanent Magnet Market, valued at USD 24.6 billion in 2023, is projected to experience robust growth, reaching USD 51.01 billion by 2032. With a CAGR of 8.41% over the forecast period of 2024-2032, the market is driven by increasing demand across key industries such as automotive, electronics, renewable energy, and healthcare. Market Drivers Rising Demand...

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