top of page
  • Writer's picturemegha chitare

Rare Earth Magnets Market, Global Outlook and Forecast 2023-2030

The USA market for Global Rare Earth Magnets market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The China market for Global Rare Earth Magnets  market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.



The Europe market for Global Rare Earth Magnets  market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


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. Rare earth magnets have been developed for four generations. The first and second generations are RE-Co permanent magnets, ie Co-based permanent magnets: the first generation as type 5 SmCo alloys (SmCo5) and the second generation as Rare-earth Sintered Magnet7 SmCo alloys (Sm2Co17). Since Sm reserve is scare, Co And Ni is also a valuable strategic metal, the first two generations of rare earth permanent magnets have not been widely used,their major market are only for the high-end military area. The third and fourth generation rare earth permanent magnets are RE-FE-B permanent magnets. It is the third generation - NdFeB alloy (Nd2Fe14B), also the most widely used rare earth permanent magnet; the fourth generation is Sm-Fe-N alloy. (Sm2Fe17N3), but Sm-Fe-N alloy has not yet entered the stage of commercial production.


This report aims to provide a comprehensive presentation of the global market for Rare Earth Magnets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rare Earth Magnets. This report contains market size and forecasts of Rare Earth Magnets in global, including the following market information:


  • Global Rare Earth Magnets Market Revenue, 2018-2023, 2024-2030, ($ millions)

  • Global Rare Earth Magnets Market Sales, 2018-2023, 2024-2030, (K MT)

  • Global top five Rare Earth Magnets companies in 2022 (%)


China is the largest Rare Earth Magnet market with about 82% market share. Japan& South Korea is follower, accounting for about 19% market share.

The key players are Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Co????????????????


We surveyed the Rare Earth Magnets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Rare Earth Magnets Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Rare Earth Magnets Market Segment Percentages, by Type, 2022 (%)


  • Samarium Cobalt (SmCo)

  • Neodymium (Nd-Fe-B)


Global Rare Earth Magnets Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Rare Earth Magnets Market Segment Percentages, by Application, 2022 (%)


  • High Efficiency Motors

  • Electronics

  • Turbine Generators

  • Others


Global Rare Earth Magnets Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Rare Earth Magnets Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Rare Earth Magnets revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Rare Earth Magnets revenues share in global market, 2022 (%)

  • Key companies Rare Earth Magnets sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Rare Earth Magnets sales share in global market, 2022 (%)

 key players include:


  • Galaxy Magnetic

  • Adams Magnetic Products

  • Daido Electronics

  • Innuovo Magnetics

  • Yunsheng Company

  • AT&M

  • Magsuper

  • Earth- Panda

  • Master Magnetics


Outline of Major Chapters:

Chapter 1: Introduces the definition of Rare Earth Magnets, market overview.

Chapter 2: Global Rare Earth Magnets market size in revenue and volume.

Chapter 3: Detailed analysis of Rare Earth Magnets manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various 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.

Chapter 5: 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.

Chapter 6: Sales of Rare Earth Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

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.

Chapter 8: Global Rare Earth Magnets capacity by region & country.

Chapter 9: Introduces 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.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports1.1 Rare Earth Magnets Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Rare Earth Magnets Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Rare Earth Magnets Overall Market Size2.1 Global Rare Earth Magnets Market Size: 2022 VS 20302.2 Global Rare Earth Magnets Revenue, Prospects & Forecasts: 2018-20302.3 Global Rare Earth Magnets Sales: 2018-20303 Company Landscape3.1 Top Rare Earth Magnets Players in Global Market3.2 Top Global Rare Earth Magnets Companies Ranked by Revenue3.3 Global Rare Earth Magnets Revenue by Companies3.4 Global Rare Earth Magnets Sales by Companies3.5 Global Rare Earth Magnets Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 Rare Earth Magnets Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Rare Earth Magnets Product Type3.8 Tier 1, Tier 2 and Tier 3 Rare Earth Magnets Players in Global Market3.8.1 List of Global Tier 1 Rare Earth Magnets Companies3.8.2 List of Global Tier 2 and Tier 3 Rare Earth Magnets Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global Rare Earth Magnets Market Siz

CONTACT US:


North Main Road Koregaon Park, Pune, India - 411001.


International: +1(646)-781-7170


Asia: +91 9169162030



0 views0 comments

Recent Posts

See All

Comments


bottom of page