Neodymium-Iron-Boron Magnet Global Market Report 2022: Increasing Employment in Robotics to Power Wheels, Sensors, and Motion Drives Growth - ResearchAndMarkets.com
The "Neodymium-Iron-Boron Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
- The "Neodymium-Iron-Boron Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
- The global neodymium-iron-boron magnet market size reached US$ 13.6 Billion in 2021.
- Looking forward, the publisher expects the market to reach US$ 21.1 Billion by 2027, exhibiting a CAGR of 7.59% during 2021-2027.
- Besides this, the increasing employment of NdFeB magnets in robotics to power wheels, sensors, and motion is contributing to the growth of the market.