Global Rare Earth Permanent Magnetic Components Market Growth 2024-2030
Rare earth permanent magnet components are high-performance permanent magnet materials made of rare earth metals and other metal materials, and are widely used in electronics, machinery, energy and other fields. Since rare earth materials have the advantages of high magnetic energy product, high temperature resistance, and corrosion resistance, these components can provide strong magnetic force in a small volume and are suitable for use in equipment that requires high magnetic fields and high efficiency. The main types include neodymium iron boron magnets (NdFeB) and samarium cobalt magnets (SmCo). The former has strong magnetism but slightly poor temperature resistance, while the latter is suitable for high temperature environments.
The global Rare Earth Permanent Magnetic Components market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Rare Earth Permanent Magnetic Components Industry Forecast” looks at past sales and reviews total world Rare Earth Permanent Magnetic Components sales in 2023, providing a comprehensive analysis by region and market sector of projected Rare Earth Permanent Magnetic Components sales for 2024 through 2030. With Rare Earth Permanent Magnetic Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rare Earth Permanent Magnetic Components industry.
This Insight Report provides a comprehensive analysis of the global Rare Earth Permanent Magnetic Components landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rare Earth Permanent Magnetic Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rare Earth Permanent Magnetic Components market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rare Earth Permanent Magnetic Components and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rare Earth Permanent Magnetic Components.
United States market for Rare Earth Permanent Magnetic Components is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Rare Earth Permanent Magnetic Components is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Rare Earth Permanent Magnetic Components is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Rare Earth Permanent Magnetic Components players cover Newland Magnetics, TDK, Hitachi Metals, MP Materials, Arnold Magnetic Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Rare Earth Permanent Magnetic Components market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
NdFeB Permanent Magnet Material
Samarium Cobalt Permanent Magnet Material
Others
Segmentation by Application:
New Energy Vehicles
Consumer Electronics
Wind Power
Aerospace
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Newland Magnetics
TDK
Hitachi Metals
MP Materials
Arnold Magnetic Technologies
Shin-Etsu Chemical
Sumitomo Metal Mining
Vacuumschmelze
Daido Electronics
Monte-Bianco
Jlmag Rare-Earth
Zhong Ke San Huan Hi-Tech
Zhenghai Magnetic Material
Innuovo
Yunsheng Co
Earth-panda Advanced Ma Gnetic Material
JINJI STRONG MAGNETIC
Kede Magnetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rare Earth Permanent Magnetic Components market?
What factors are driving Rare Earth Permanent Magnetic Components market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rare Earth Permanent Magnetic Components market opportunities vary by end market size?
How does Rare Earth Permanent Magnetic Components break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.