The market’s growth is being propelled by a confluence of transformative industrial trends, led by the electric vehicle (EV) ...

Magnetic couplings transmit high torque with no physical contact, and they disengage smoothly when load gets too high. Generally speaking, the couplings use magnetic power in three different ways; ...

Engineers and scientists in China have started up the first Chinese ship with a permanent magnet motor system. The system promises to make quieter submarines that are much harder to detect, a major ...

The joint venture Astemo, a collaboration between Hitachi and Honda, has developed a new motor for battery-electric vehicles ...

A number of readers questioned the veracity of the technology presented in this article. To address their concerns, we did a follow-up, which can be found here. Permanent magnets are an integral part ...

Chicago, Sept. 22, 2025 (GLOBE NEWSWIRE) -- The global permanent magnet market was valued at US$ 32.86 billion in 2024 and is expected to reach US$ 67.25 billion by 2033, growing at a CAGR of 8.47% ...