Germany Magnetic Materials Market Size, Share, and COVID-19 Impact Analysis, By Type (Hard/Permanent, Semi-hard, and Soft), By Application (Automotive & Transportation, Electronics, and Energy), and Germany Magnetic Materials Market Industry Trend, Forecasts to 2035

Germany Magnetic Materials Market Insights Forecasts to 2035

• The Germany Magnetic Materials Market Size Was Estimated at USD 1217.65 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.49% from 2025 to 2035
• The Germany Magnetic Materials Market Size is Expected to Reach USD 2432.68 Million by 2035

According to a research report published by Spherical Insights & Consulting, The Germany Magnetic Materials Market Size is anticipated to reach USD 2432.68 Million by 2035, growing at a CAGR of 6.49% from 2025 to 2035. The automotive industry, in particular the rise in the production and use of electric vehicles (EVs), is the main driver of the magnetic materials market's expansion.

Market Overview

The magnetic materials market is concerned with the production and utilization of materials, e.g., permanent magnets, semi-hard magnets, or soft magnets, that develop magnetic fields and is used across industries such as automotive, electronics, energy, and healthcare. Magnetic materials provide benefits, such as improving energy efficiencies in industrial applications, miniaturizing electronic devices, and enhancing performance capabilities in motors, sensors, and transformers. The electric vehicle market is driving demand for electric vehicles and further adoption of renewable energy systems and advanced electronics. The industry continues to innovate through development, especially with rare-earth magnets and ferrite magnets. It is worth noting that governments worldwide are advancing the sector, including Germany, with initiatives to promote electric mobility and renewable energy, and offer funding for research on advanced magnetic materials.

Report Coverage

This research report categorizes the market for Germany magnetic materials market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany magnetic materials market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment Germany magnetic materials market.

Driving Factors

The increased demand for electric vehicles, sustainable energy technologies, and modern consumer electronics all depend heavily on efficient magnetic components. Advances in technology, such as permanent magnets and rare-earth magnets, are driving enhanced performance and efficiency. Government initiatives that support EV acceptance and renewable infrastructure development are also contributing to this growth. Increased levels of investment in automation, robotics, and clean energy all help to further enhance the market. Overall, magnetic materials are a key part of sustainable and high-performance industrial applications.

Restraining Factors

Processing and extracting rare-earth materials is costly, and the government strictly regulates any extraction to adhere to safety and environmental protocols. Recycling rare-earth magnets may help with supply dependence, but present recycling technology remains minimally developed and expensive to implement on a larger scale.

Market Segmentation

The Germany magnetic materials market share is classified into type and application.

• The hard/permanent segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Germany magnetic materials market is segmented by type into hard/permanent, semi-hard, and soft. Among these, the hard/permanent segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Their critical use in electric vehicles, wind turbines, and consumer electronics. Their strong magnetic properties and long-term durability make them ideal for high-performance applications. Growing investments in renewable energy and e-mobility, along with advancements in rare-earth magnet technologies.

• The automotive & transportation segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Germany magnetic materials market is segmented by application into automotive & transportation, electronics, and energy. Among these, the automotive & transportation segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising adoption of electric vehicles (EVs) and hybrid technologies. Magnetic materials are essential in EV motors, sensors, and battery systems. Strong government support for clean mobility, coupled with growing consumer demand for fuel-efficient and eco-friendly vehicles, boosts this segment. Technological advancements and increased investment in EV production are expected to drive a significant CAGR in the automotive & transportation sector during the forecast period.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Germany magnetic materials market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Heraeus Holding
• Max Baermann
• Magnet-Schultz GmbH & Co. KG
• MS-Schramberg GmbH & Co. KG
• FRABA
• Vacuumschmelze GmbH & Co. KG
• GKN Powder Metallurgy
• HyProMag
• Arnold Magnetic Technologies
• Neo Performance Materials
• Vacuum Schmelze GmbH & Co. KG
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Germany, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Germany magnetic materials market based on the below-mentioned segments:

Germany Magnetic Materials Market, By Type

• Hard/Permanent
• Semi-hard
• Soft

Germany Magnetic Materials Market, By Application

• Automotive & Transportation
• Electronics
• Energy