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Strong Neodymium Rare Earth Magnet Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2029|
All of the segments shed light upon in the report are examined for their future growth in the global Strong Neodymium Rare Earth Magnet market. The report also shows their current growth in the global Strong Neodymium Rare Earth Magnet market so that players could cash in on the available opportunities. Readers are provided with manufacturing cost analysis, manufacturing process analysis, price analysis, and other studies important to closely understand the global Strong Neodymium Rare Earth Magnet market. Our analysts have used industry-best primary and secondary research methodologies to compile this meticulous and complete research study on the global Strong Neodymium Rare Earth Magnet market.
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Neodymium iron boron magnets (Neo, NdFeB or NIB magnets) are the strongest type of permanent magnets commercially available, with magnetic properties that exceed alnico and ceramic(ferrite) magnets. Sintered NdFeB magnets offer extremely high energy product for their size, they have a high magnetic remanence and much higher coercivity than other permanent magnets. They are available in a wide range of shapes, sizes and grades at relatively low prices.
Strong Neodymium Rare Earth Magnet report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Strong Neodymium Rare Earth Magnet market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Demand from EV (Electric Vehicle) and Automotive other than EV are the major drivers for the industry.
North America, Europe and Asia Pacific are the key regions for Strong Neodymium Rare Earth Magnet industry. Among those areas, stimulated by rigid demand from downstream industries, Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2029.
Globally, Strong Neodymium Rare Earth Magnet key manufacturers include Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Company, YSM, JL MAG and ZHmag, etc. Hitachi Metals Group, Shin-Etsu, TDK are top 3 players and held % sales share in total in 2022.
Strong Neodymium Rare Earth Magnet can be divided into Sintered Neodymium Magnet, Bonded Neodymium Magnet and Others,, etc. Sintered Neodymium Magnet is the mainstream product in the market, accounting for % sales share globally in 2022.
Strong Neodymium Rare Earth Magnet is widely used in various fields, such as EV (Electric Vehicle), Automotive other than EV, Air Conditioning and Aerospace and Defense, etc. EV (Electric Vehicle) provides greatest supports to the Strong Neodymium Rare Earth Magnet industry development. In 2022, global % sales of Strong Neodymium Rare Earth Magnet went into EV (Electric Vehicle) filed.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Strong Neodymium Rare Earth Magnet market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report:
By Company
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
YSM
JL MAG
ZHmag
Jingci Material Science
ATand M
NBJJ
Innuovo Magnetics
SGM
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic Industry Limited
Earth- Panda
Magsuper
Daido Electronics
Tianhe Magnetics
Segment by Type
Sintered Neodymium Magnet
Bonded Neodymium Magnet
Others
Segment by Application
EV (Electric Vehicle)
Automotive other than EV
Air Conditioning
Aerospace and Defense
Wind Energy
Consumer Goods and Electronics
Industrial Machinery
Others
Segment by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Strong Neodymium Rare Earth Magnet market further:
Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers' commercial date of Strong Neodymium Rare Earth Magnet, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Strong Neodymium Rare Earth Magnet industry.
Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Strong Neodymium Rare Earth Magnet in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers' Outline, covering company's basic information like headquarter, contact information, major business, Strong Neodymium Rare Earth Magnet introduction, etc. Strong Neodymium Rare Earth Magnet Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch's Conclusions of Strong Neodymium Rare Earth Magnet market based on comprehensive survey.
Chapter 14: Methodology and Data Sources adopted by QYResearch.
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About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from the huge number of customer support, the QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in the consulting industry.
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