Press release
Rare Earth Magnets Market Forecast 2023-2029 Global Business Growth, Competition Landscape, Size, Market Drivers and Trends, Opportunities and Challenges, Risks
The rare earth magnets market refers to the global industry involved in the production, distribution, and use of rare earth magnets. Rare earth magnets are a type of permanent magnet made from rare earth elements, such as neodymium, samarium, and dysprosium. These magnets possess exceptional magnetic properties and are widely used in various applications, including consumer electronics, automotive, renewable energy, medical devices, and industrial machinery.Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=7244942
The rare earth permanent magnet material refers to an alloy formed of rare earth metal and a transition metal. This permanent magnet material made by a certain process is extremely magnetic and can be maintained for a long time.
The global Rare Earth Magnets market is projected to grow from US$ 10390 million in 2023 to US$ 12480 million by 2029, at a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period.
China is the largest Rare Earth Magnet market with about 82% market share. Japan& South Korea is follower, accounting for about 19% market share.
By Company
- Galaxy Magnetic
- Adams Magnetic Products
- Daido Electronics
- Innuovo Magnetics
- Yunsheng Company
- AT&M
- Magsuper
- Earth- Panda
- Master Magnetics
Segment by Type
- Samarium Cobalt (SmCo)
- Neodymium (Nd-Fe-B)
Segment by Application
- High Efficiency Motors
- Electronics
- Turbine Generators
- Others
Production by Region
- North America
- Europe
- China
- Japan
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Table of Contents
1 Study Coverage
1.1 Rare Earth Magnets Product Introduction
1.2 Market by Type
1.2.1 Global Rare Earth Magnets Market Size by Type, 2018 VS 2022 VS 2029
1.2.2 Samarium Cobalt (SmCo)
1.2.3 Neodymium (Nd-Fe-B)
1.3 Market by Application
1.3.1 Global Rare Earth Magnets Market Size by Application, 2018 VS 2022 VS 2029
1.3.2 High Efficiency Motors
1.3.3 Electronics
1.3.4 Turbine Generators
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Rare Earth Magnets Production
2.1 Global Rare Earth Magnets Production Capacity (2018-2029)
2.2 Global Rare Earth Magnets Production by Region: 2018 VS 2022 VS 2029
2.3 Global Rare Earth Magnets Production by Region
2.3.1 Global Rare Earth Magnets Historic Production by Region (2018-2023)
2.3.2 Global Rare Earth Magnets Forecasted Production by Region (2024-2029)
2.3.3 Global Rare Earth Magnets Production Market Share by Region (2018-2029)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Rare Earth Magnets Revenue Estimates and Forecasts 2018-2029
3.2 Global Rare Earth Magnets Revenue by Region
3.2.1 Global Rare Earth Magnets Revenue by Region: 2018 VS 2022 VS 2029
3.2.2 Global Rare Earth Magnets Revenue by Region (2018-2023)
3.2.3 Global Rare Earth Magnets Revenue by Region (2024-2029)
3.2.4 Global Rare Earth Magnets Revenue Market Share by Region (2018-2029)
3.3 Global Rare Earth Magnets Sales Estimates and Forecasts 2018-2029
3.4 Global Rare Earth Magnets Sales by Region
3.4.1 Global Rare Earth Magnets Sales by Region: 2018 VS 2022 VS 2029
3.4.2 Global Rare Earth Magnets Sales by Region (2018-2023)
and More…
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