The global rare earth magnet market reached nearly USD 21.99 Billion in 2024 and is projected to grow at a CAGR of 9.10% during 2025-2034, reaching USD 52.54 Billion by 2034. Growth is driven by rising demand in electronics, renewable energy, automotive, and industrial applications. https://www.expertmarketresearch.com/reports/rare-earth-magnet-market