Magnet Market Experiences Significant Growth Driven by EV...

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2025-10-31 08:49:08 -

Magnet Market Experiences Significant Growth Driven by EV Production and Electronics Demand

The Magnet Market is experiencing robust growth driven by increasing demand across automotive, electronics, renewable energy, and healthcare industries. Magnets play an indispensable role in modern technology — from electric motors and generators to sensors, actuators, and magnetic resonance imaging (MRI) systems. As industries accelerate their transition toward electrification...

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