Samarium Cobalt Magnets Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global samarium cobalt magnets market is expected to grow at a CAGR of around 2.5% during 2025-2034. This report on global samarium cobalt magnets market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global samarium cobalt magnets market by segmenting the market based on type, application and region. Also, detailed profiles of companies operating in the samarium cobalt magnets market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increase in Demand from End-Use Industries
• Rise in Demand for Permanent Magnet
Market Challenges
• Stringent Government Regulations on Mining of Samarium Cobalt Magnet
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Type
• SmCo5
• Sm2Co17
Market by Application
• Defense
• Aerospace
• Electronics
• Medical Devices
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Samarium Cobalt Magnets Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Samarium Cobalt Magnets Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Samarium Cobalt Magnets Market by Type
- 5.1. Introduction
- 5.2. SmCo5
- 5.3. Sm2Co17
- 6. Global Samarium Cobalt Magnets Market by Application
- 6.1 Introduction
- 6.2 Defense
- 6.3 Aerospace
- 6.4 Electronics
- 6.5 Medical Devices
- 6.6 Others
- 7. Global Samarium Cobalt Magnets Market by Region
- 7.1 Introduction
- 7.2 Europe
- 7.2.1 Germany
- 7.2.2 United Kingdom
- 7.2.3 France
- 7.2.4 Italy
- 7.2.5 Spain
- 7.2.6 Russia
- 7.2.7 Netherlands
- 7.2.8 Rest of the Europe
- 7.3 North America
- 7.3.1 United States
- 7.3.2 Canada
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Japan
- 7.4.3 India
- 7.4.4 South Korea
- 7.4.5 Australia
- 7.4.6 Indonesia
- 7.4.7 Rest of the Asia Pacific
- 7.5 Latin America
- 7.5.1 Mexico
- 7.5.2 Brazil
- 7.5.3 Argentina
- 7.5.4 Rest of Latin America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 Turkey
- 7.6.3 Iran
- 7.6.4 United Arab Emirates
- 7.6.5 Rest of Middle East & Africa
- 8. SWOT Analysis
- 9. Porter’s Five Forces
- 10. Market Value Chain Analysis
- 11. Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Company Profiles
- 11.2.1. Ningbo NGYC (Ninggang Permanent Magnetic) Materials Co. Ltd.
- 11.2.2. Ningbo Ketian
- 11.2.3. Arnold Magnetic Technologies
- 11.2.4. ADAMS Magnetic Products
- 11.2.5. Bunting
- 11.2.6. Eclipse Magnetics
- 11.2.7. Hangzhou Permanent Magnet Group (HPMG)
- 11.2.8. Thomas & Skinner Inc.
- List of Figures
- Figure 1: Global Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 2: Global Samarium Cobalt Magnets Market by Type, 2024
- Figure 3: Global Samarium Cobalt Magnets Market by Application, 2024
- Figure 4: Global Samarium Cobalt Magnets Market by Region, 2024
- Figure 5: Global Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 6: Global Samarium Cobalt Magnets Market by Type (in %), 2024 & 2034
- Figure 7: Global SmCo5 Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 8: Global SmCo5 Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 9: Global Sm2Co17 Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 10: Global Sm2Co17 Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 11: Global Samarium Cobalt Magnets Market by Applications (in %), 2024 & 2034
- Figure 12: Global Defense Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 13: Global Defense Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 14: Global Aerospace Coated Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 15: Global Aerospace Coated Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 16: Global Electronics Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 17: Global Electronics Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 18: Global Medical Devices Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 19: Global Medical Devices Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 20: Global Other Applications Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 21: Global Other Applications Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 22: Global Samarium Cobalt Magnets Market by Region (in %), 2024 & 2034
- Figure 23: Europe Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 24: Europe Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 25: Europe Samarium Cobalt Magnets Market by Country (in %), 2024 & 2034
- Figure 26: Germany Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 27: United Kingdom Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 28: France Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 29: Italy Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 30: Spain Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 31: Russia Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 32: Netherlands Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 33: North America Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 34: North America Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 35: North America Samarium Cobalt Magnets Market by Country (in %), 2024 & 2034
- Figure 36: United States Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 37: Canada Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 38: Asia Pacific Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 39: Asia Pacific Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 40: Asia Pacific Samarium Cobalt Magnets Market by Country (in %), 2024 & 2034
- Figure 41: China Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 42: Japan Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 43: India Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 44: South Korea Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 45: Australia Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 46: Indonesia Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 47: Latin America Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 48: Latin America Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 49: Latin America Samarium Cobalt Magnets Market by Country (in %), 2024 & 2034
- Figure 50: Mexico Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 51: Brazil Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 52: Argentina Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 53: Middle East & Africa Samarium Cobalt Magnets Market (in US$ Million), 2020-2024
- Figure 54: Middle East & Africa Samarium Cobalt Magnets Market (in US$ Million), 2025-2034
- Figure 55: Middle East & Africa Samarium Cobalt Magnets Market by Country (in %), 2024 & 2034
- Figure 56: Saudi Arabia Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 57: Turkey Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 58: Iran Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 59: UAE Samarium Cobalt Magnets Market (in US$ Million), 2020-2034
- Figure 60: Market Value Chain
- List of Tables
- Table 1: Global Samarium Cobalt Magnets Market Portraiture
- Table 2: Global Samarium Cobalt Magnets Market by Type (in US$ Million), 2024 & 2034
- Table 3: Global Samarium Cobalt Magnets Market by Application (in US$ Million), 2024 & 2034
- Table 4: Global Samarium Cobalt Magnets Market by Region (in US$ Million), 2024 & 2034
- Table 5: Europe Samarium Cobalt Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 6: North America Samarium Cobalt Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 7: Asia Pacific Samarium Cobalt Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 8: Latin America Samarium Cobalt Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 9: Middle East & Africa Samarium Cobalt Magnets Market by Country (in US$ Million), 2024 & 2034
- Table 10: List of Key Players
Research Assistance
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