| Product Code: ETC12899086 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Between 2020 and 2024, the Canada magnetics market witnessed a Compound Annual Growth Rate (CAGR) of 13.63%. Notably, in 2023-2024, the year-on-year growth rate stood at 11.50%, indicating a steady rise in imports during this period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Magnetics Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Magnetics Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Magnetics Market - Industry Life Cycle |
3.4 Canada Magnetics Market - Porter's Five Forces |
3.5 Canada Magnetics Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Magnetics Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Canada Magnetics Market Revenues & Volume Share, By End User, 2022 & 2032F |
3.8 Canada Magnetics Market Revenues & Volume Share, By Sales Channel, 2022 & 2032F |
4 Canada Magnetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for magnetic materials in the automotive industry for applications such as electric vehicles and sensors. |
4.2.2 Growing adoption of magnetic materials in the electronics sector for products like smartphones, laptops, and wearables. |
4.2.3 Technological advancements leading to the development of innovative magnetic materials with enhanced properties. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production costs of magnetic materials. |
4.3.2 Stringent regulations related to the use of certain magnetic materials due to environmental and health concerns. |
4.3.3 Intense competition among market players leading to pricing pressures. |
5 Canada Magnetics Market Trends |
6 Canada Magnetics Market, By Types |
6.1 Canada Magnetics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Magnetics Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Canada Magnetics Market Revenues & Volume, By Soft Magnetic, 2022 - 2032F |
6.1.4 Canada Magnetics Market Revenues & Volume, By Hard Magnetic, 2022 - 2032F |
6.1.5 Canada Magnetics Market Revenues & Volume, By Hybrid, 2022 - 2032F |
6.2 Canada Magnetics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Magnetics Market Revenues & Volume, By Electric Motors, 2022 - 2032F |
6.2.3 Canada Magnetics Market Revenues & Volume, By Data Storage, 2022 - 2032F |
6.2.4 Canada Magnetics Market Revenues & Volume, By Magnetic Levitation, 2022 - 2032F |
6.3 Canada Magnetics Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Canada Magnetics Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.3.3 Canada Magnetics Market Revenues & Volume, By Electronics, 2022 - 2032F |
6.3.4 Canada Magnetics Market Revenues & Volume, By Aerospace, 2022 - 2032F |
6.4 Canada Magnetics Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Canada Magnetics Market Revenues & Volume, By Direct Sales, 2022 - 2032F |
6.4.3 Canada Magnetics Market Revenues & Volume, By Distributors, 2022 - 2032F |
6.4.4 Canada Magnetics Market Revenues & Volume, By Online Sales, 2022 - 2032F |
7 Canada Magnetics Market Import-Export Trade Statistics |
7.1 Canada Magnetics Market Export to Major Countries |
7.2 Canada Magnetics Market Imports from Major Countries |
8 Canada Magnetics Market Key Performance Indicators |
8.1 Research and Development (RD) investment in new magnetic material technologies. |
8.2 Adoption rate of magnetic materials in emerging industries such as renewable energy and healthcare. |
8.3 Number of patents filed for magnetic material innovations. |
8.4 Environmental sustainability practices in the production and disposal of magnetic materials. |
9 Canada Magnetics Market - Opportunity Assessment |
9.1 Canada Magnetics Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Magnetics Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Canada Magnetics Market Opportunity Assessment, By End User, 2022 & 2032F |
9.4 Canada Magnetics Market Opportunity Assessment, By Sales Channel, 2022 & 2032F |
10 Canada Magnetics Market - Competitive Landscape |
10.1 Canada Magnetics Market Revenue Share, By Companies, 2025 |
10.2 Canada Magnetics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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