Global Samarium Cobalt Block Magnets Market Growth 2023-2029

Global Samarium Cobalt Block Magnets Market Growth 2023-2029

The global Samarium Cobalt Block Magnets market size is projected to grow from US$ 410.9 million in 2022 to US$ 553.8 million in 2029; it is expected to grow at a CAGR of 4.4% from 2023 to 2029.

United States market for Samarium Cobalt Block Magnets is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Samarium Cobalt Block Magnets is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Samarium Cobalt Block Magnets is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Samarium Cobalt Block Magnets players cover Master Magnetics, Bunting Magnetics, Adams Magnetic Products, Stanford Magnets, Dura Magnetics, Magnetfabriken, Brugger GmbH, Magnaworks and Integrated Magnetics, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Samarium Cobalt (SmCo) block magnets are a type of rare earth magnet that is composed of the alloy of samarium, cobalt, and other elements. They are known for their high magnetic strength, excellent temperature stability, and resistance to corrosion.

LPI (LP Information)' newest research report, the “Samarium Cobalt Block Magnets Industry Forecast” looks at past sales and reviews total world Samarium Cobalt Block Magnets sales in 2022, providing a comprehensive analysis by region and market sector of projected Samarium Cobalt Block Magnets sales for 2023 through 2029. With Samarium Cobalt Block Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Samarium Cobalt Block Magnets industry.

This Insight Report provides a comprehensive analysis of the global Samarium Cobalt Block Magnets 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 Samarium Cobalt Block Magnets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Samarium Cobalt Block Magnets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Samarium Cobalt Block Magnets 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 Samarium Cobalt Block Magnets.

This report presents a comprehensive overview, market shares, and growth opportunities of Samarium Cobalt Block Magnets market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Square Samarium Cobalt Block Magnets
Rectangle Samarium Cobalt Block Magnets
Other

Segmentation by application
Aerospace
Automotive Industry
Electronics Industry
Medical Industry
Other

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 analyzing the company's coverage, product portfolio, its market penetration.
Master Magnetics
Bunting Magnetics
Adams Magnetic Products
Stanford Magnets
Dura Magnetics
Magnetfabriken
Brugger GmbH
Magnaworks
Integrated Magnetics
China Magnets Source Material Limited
SDM Magnetics
VACUUMSCHMELZE
Magnet City
Magnetic Hold
GTEK MAGNET
J R Strong Magnet
Dailymag
Edgetech Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Samarium Cobalt Block Magnets market?

What factors are driving Samarium Cobalt Block Magnets market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Samarium Cobalt Block Magnets market opportunities vary by end market size?

How does Samarium Cobalt Block Magnets break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.