Global Samarium Iron Nitrogen Magnet Market Analysis By Major Manufacturers and Competitive landscape 2024-2030

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Samarium Iron Nitrogen Magnet- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.
 
SmFeN is a kind of permanent magnetic material with excellent temperature stability and excellent magnetic properties, which is considered as the most promising next generation rare earth magnetic material.
 
【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】 
https://www.qyresearch.com/reports/2706793/samarium-iron-nitrogen-magnet
 
 According to the new market research report "Samarium Iron Nitrogen Magnet - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Samarium Iron Nitrogen Magnet market size is projected to reach USD 0.06 billion by 2030, at a CAGR of 3.5% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Samarium Iron Nitrogen Magnet include Sumitomo Metal Mining, Daido Electronics, etc. In 2023, the global top three players had a share approximately 94.0% in terms of revenue.
 In terms of product type, currently Anisotropic SmFeN Magnets is the largest segment, hold a share of 70.9%.

In terms of product application, currently Consumer Electronics is the largest segment, hold a share of 43.3%.





Market Drivers:

D1: SmFeN permanent magnet materials can replace NdFeB in some applications and fields. SmFeN series permanent magnet materials are expected to be a new generation of rare earth permanent magnet materials due to their excellent endogenous magnetic properties.

D2: The raw material cost of SmFeN magnetic powder is significantly lower than that of NdFeB magnetic powder. The price of rare earth raw material samarium oxide is much lower than that of neodymium oxide.

D3: SmFeN rare earth magnet is a new generation of rare earth permanent magnet material with higher coercivity and higher magnetic energy, which improves the magnetic performance of traditional flexible bonded magnets to a new level.



Restraint:

From the viewpoint of commercial production, the research on the preparation method and process of SmFeN permanent magnets is seriously hindered by the fact that SmFeN is a thermodynamically sub-stable phase. Once a preparation process with suitable conditions can be developed, then there is a possibility to fully develop its endogenous magnetic properties, thus greatly accelerating its commercialization process.





Opportunity:

Subject to the rising environmental pressures and production costs in developed countries, the global rare earth market supply continues to shift to China.

SmFeN Magnet materials have a great potential as a substitute for neodymium bonded magnets, particularly neodymium compression-molded bonded magnets.

Although SmFeN is far from mass commercialization, it has developed extremely rapidly in just a few years and is likely to become another new generation of permanent magnets after Nd-Fe-B. Especially due to the rapid development of Nd-Fe-B magnets and the surge of demand in the market, neodymium resources are facing depletion, so the development of new permanent magnets that can replace Nd-Fe-B is imperative, and in order to meet the growing need for high temperature working environment, the practical development of SmFeN is on the agenda.

 
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
 
The Samarium Iron Nitrogen Magnet market is segmented as below:
By Company
    Daido Electronics
    Sumitomo Metal Mining
    Nichia Corporation
 
Segment by Type
    Isotropic SmFeN Magnets
    Anisotropic SmFeN Magnets
 
Segment by Application
    Consumer Electronics
    Consumer Goods
    Automobile
    Others
 
Each chapter of the report provides detailed information for readers to further understand the Samarium Iron Nitrogen Magnet market:
Chapter 1: Introduces the report scope of the Samarium Iron Nitrogen Magnet report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Samarium Iron Nitrogen Magnet manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Samarium Iron Nitrogen Magnet market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5:  Sales, revenue of Samarium Iron Nitrogen Magnet in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6:  Sales, revenue of Samarium Iron Nitrogen Magnet in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
 
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Samarium Iron Nitrogen Magnet competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Samarium Iron Nitrogen Magnet comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Samarium Iron Nitrogen Magnet market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
 
Other relevant reports of QYResearch:
Global Samarium Iron Nitrogen Magnet Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Global Samarium Iron Nitrogen Magnet Market Insights, Forecast to 2030
Samarium Iron Nitrogen Magnet - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Samarium Iron Nitrogen Magnet Market Research Report 2024
Samarium Iron Nitrogen Magnet - Global Market Insights and Sales Trends 2024
Global Samarium Iron Nitrogen Magnet Market Research Report 2023
Global Samarium Iron Nitrogen Magnet Market Insights, Forecast to 2029
Global Samarium Iron Nitrogen Magnet Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global and United States Samarium Iron Nitrogen Magnet Market Report & Forecast 2022-2028
 
 

About Us：
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
 

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)  
JP: https://www.qyresearch.co.jp

This release was published on openPR.