Growing EV Applications Strengthen Benelux Permanent Magnet Market Outlook
The Benelux permanent magnet market is growing at a healthy pace, supported by increasing demand from the automotive, renewable energy, electronics, and industrial automation sectors. According to Business Market Insights, the market was valued at USD 10.47 million in 2024 and is expected to reach USD 17.67 million by 2031, registering a CAGR of 8.3% during...
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