Global SmFeN Bonded Magnets Market Growth 2024-2030

Global SmFeN Bonded Magnets Market Growth 2024-2030

SmFeN magnet, also known as Samarium Iron Nitride magnets, are a type of rare-earth permanent magnet known for their strong magnetic properties. They are part of the rare-earth magnet family, which includes neodymium magnets as well. SmFeN compound is a thermodynamically metastable structure and begins to decompose above 600°C. Therefore, the traditional sintering process cannot be used to manufacture magnets, but this alloy powder can be used to make bonded magnets.

The global SmFeN Bonded Magnets 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 “SmFeN Bonded Magnets Industry Forecast” looks at past sales and reviews total world SmFeN Bonded Magnets sales in 2023, providing a comprehensive analysis by region and market sector of projected SmFeN Bonded Magnets sales for 2024 through 2030. With SmFeN Bonded Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SmFeN Bonded Magnets industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SmFeN Bonded 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 SmFeN Bonded Magnets.

United States market for SmFeN Bonded Magnets 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 SmFeN Bonded Magnets 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 SmFeN Bonded Magnets is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key SmFeN Bonded Magnets players cover Daido Electronics, Sumitomo Metal Mining, Nichia Corporation, Grirem New Materials, Ningxia Magvalley Novel Materials Technology, 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 SmFeN Bonded Magnets market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Isotropic
Anisotropic

Segmentation by Application:
Consumer Electronics
Consumer Goods
Automotive
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.
Daido Electronics
Sumitomo Metal Mining
Nichia Corporation
Grirem New Materials
Ningxia Magvalley Novel Materials Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global SmFeN Bonded Magnets market?

What factors are driving SmFeN Bonded Magnets market growth, globally and by region?

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

How do SmFeN Bonded Magnets market opportunities vary by end market size?

How does SmFeN Bonded Magnets break out by Type, by Application?

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