Global SmCo Permanent Magnetic Material Market Growth 2023-2029

Global SmCo Permanent Magnetic Material Market Growth 2023-2029

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.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material.

The global SmCo Permanent Magnetic Material market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material 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 SmCo Permanent Magnetic Material is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key SmCo Permanent Magnetic Material players cover Hitachi Metals, TDK, Magnequench, FDK, Vacuumschmelze, Arnold, Philips, Cosmo Ferrites and Toshiba Materials, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of SmCo Permanent Magnetic Material market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
SmCo5
Sm2Co17

Segmentation by application
High Temperature Applications
Mechanical Equipment Field
Medical Equipment Field
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 analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global SmCo Permanent Magnetic Material market?

What factors are driving SmCo Permanent Magnetic Material market growth, globally and by region?

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

How do SmCo Permanent Magnetic Material market opportunities vary by end market size?

How does SmCo Permanent Magnetic Material 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.