Global SmCo Permanent Magnetic Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global SmCo Permanent Magnetic Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global SmCo Permanent Magnetic Material market size was valued at USD 877.7 million in 2023 and is forecast to a readjusted size of USD 1489.4 million by 2030 with a CAGR of 7.8% during review period.

A samarium–cobalt (SmCo) magnet, a type of rare earth magnet, is a strong permanent magnet made of two basic elements samarium and cobalt. They are generally ranked similarly in strength to neodymium magnets, but have higher temperature ratings and higher coercivity.

According to the SEMI report, the semiconductor materials market will grow by 8.6% in 2022, reaching a market size of 69.8 billion US dollars new highs. Since semiconductor materials belong to high-tech barrier industries, most of the high-end products of semiconductor materials are currently concentrated in the United States, Japan, Germany and other countries and regions. From the perspective of demand, China Taiwan, China mainland, South Korea, Japan, and the United States are the largest semiconductor material markets in the world, accounting for more than 80% of the global market.

The Global Info Research report includes an overview of the development of the SmCo Permanent Magnetic Material industry chain, the market status of High Temperature Applications (SmCo5, Sm2Co17), Mechanical Equipment Field (SmCo5, Sm2Co17), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of SmCo Permanent Magnetic Material.

Regionally, the report analyzes the SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material 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 (K Units), revenue generated, and market share of different by Type (e.g., SmCo5, Sm2Co17).

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 SmCo Permanent Magnetic Material market.

Regional Analysis: The report involves examining the SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to SmCo Permanent Magnetic Material:

Company Analysis: Report covers individual SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (High Temperature Applications, Mechanical Equipment Field).

Technology Analysis: Report covers specific technologies relevant to SmCo Permanent Magnetic Material. It assesses the current state, advancements, and potential future developments in SmCo Permanent Magnetic Material areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the SmCo Permanent Magnetic Material 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

SmCo Permanent Magnetic Material 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
SmCo5
Sm2Co17

Market segment by Application
High Temperature Applications
Mechanical Equipment Field
Medical Equipment Field
Others

Major players covered
Hitachi Metals
TDK
Magnequench
FDK
Vacuumschmelze
Arnold
Philips
Cosmo Ferrites
Toshiba Materials
Tokin
Tengam Engineering
DMEGC
JPMF Guangdong
Aerospace Magnet and Magneto
Sinomag Technology
Bgrimm Magnetic
Jinchuan Electronics
Tianyuan Technology
Kaiven Group
Golden South Magnetic

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 SmCo Permanent Magnetic Material product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of SmCo Permanent Magnetic Material, with price, sales, revenue and global market share of SmCo Permanent Magnetic Material from 2019 to 2024.

Chapter 3, the SmCo Permanent Magnetic Material competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material.

Chapter 14 and 15, to describe SmCo Permanent Magnetic Material sales channel, distributors, customers, research findings and conclusion.