Global High Performance Neodymium Iron Boron Magnets Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global High Performance Neodymium Iron Boron Magnets market size was valued at USD 6005 million in 2023 and is forecast to a readjusted size of USD 7416.7 million by 2030 with a CAGR of 3.1% during review period.
High-performance neodymium iron boron (NdFeB) magnet is a powerful permanent magnet material known for its excellent magnetic properties. It is composed of the rare earth elements neodymium (Nd), iron (Fe) and boron (B) and is usually prepared by powder metallurgy. High-performance NdFeB magnets are widely used in many fields, including motors, generators, magnetic sensors, medical equipment, magnetic resonance imaging (MRI) and various electronic equipment. As electronic devices become miniaturized and portable, high-performance NdFeB magnets also need to be smaller. Future trends will include developing micromagnets and integrating them into microelectronic devices to enable more compact and high-performance designs. One of the future development trends is to continuously improve the magnetic properties of high-performance NdFeB magnets, including magnetic energy product (BHmax), coercive force (Hc) and residual induction intensity (Br). This will enable them to achieve breakthroughs in a wider range of applications.
The Global Info Research report includes an overview of the development of the High Performance Neodymium Iron Boron Magnets industry chain, the market status of Automobile Industry (Sintered Type, Bonded Type), Home Appliance Industry (Sintered Type, Bonded Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of High Performance Neodymium Iron Boron Magnets.
Regionally, the report analyzes the High Performance Neodymium Iron Boron Magnets markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global High Performance Neodymium Iron Boron Magnets market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the High Performance Neodymium Iron Boron Magnets market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the High Performance Neodymium Iron Boron Magnets industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Kiloton), revenue generated, and market share of different by Type (e.g., Sintered Type, Bonded Type).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the High Performance Neodymium Iron Boron Magnets market.
Regional Analysis: The report involves examining the High Performance Neodymium Iron Boron Magnets market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the High Performance Neodymium Iron Boron Magnets market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to High Performance Neodymium Iron Boron Magnets:
Company Analysis: Report covers individual High Performance Neodymium Iron Boron Magnets manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards High Performance Neodymium Iron Boron Magnets This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automobile Industry, Home Appliance Industry).
Technology Analysis: Report covers specific technologies relevant to High Performance Neodymium Iron Boron Magnets. It assesses the current state, advancements, and potential future developments in High Performance Neodymium Iron Boron Magnets areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the High Performance Neodymium Iron Boron Magnets market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
High Performance Neodymium Iron Boron Magnets market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Sintered Type
Bonded Type
Market segment by Application
Automobile Industry
Home Appliance Industry
Computer and Office Equipment
Consumer Electronics
Energy
Industrial Application
Major players covered
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
JL MAG
Zhmag
Earth- Panda
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe High Performance Neodymium Iron Boron Magnets product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of High Performance Neodymium Iron Boron Magnets, with price, sales, revenue and global market share of High Performance Neodymium Iron Boron Magnets from 2019 to 2024.
Chapter 3, the High Performance Neodymium Iron Boron Magnets competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the High Performance Neodymium Iron Boron Magnets breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and High Performance Neodymium Iron Boron Magnets market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of High Performance Neodymium Iron Boron Magnets.
Chapter 14 and 15, to describe High Performance Neodymium Iron Boron Magnets sales channel, distributors, customers, research findings and conclusion.