This article deeply explores the magnet industry, comprehensively demonstrates the wide application of magnets in many fields such as industry, home, and technology, and reveals its magical power as a behind-the-scenes hero to promote industrial innovation, improve the quality of life, and unlock the possibility of innovation. At the same time, it analyzes the booming development of the industry, including market size growth data and high-performance material leadership, green and intelligent development trends, and shows how magnets can accurately meet the actual needs of customers and continue to inject vitality into the progress of human society.