Report overview
Samarium cobalt magnets (also known as SmCo magnets), are extremely powerful permanent magnets. Part of the rare-earth magnet family, SmCo magnets rank similarly in strength to neodymium magnets but have much higher temperature stability and higher coercivity. They can operate at temperatures up to 525?F (300?C). In addition, they have a very high resistance to demagnetization and to corrosion. SmCo magnets are available in numerous shapes, sizes and grades that span a wide range of properties and application requirements.
This report aims to provide a comprehensive presentation of the global market for Samarium Cobalt Rare Earth Magnets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Samarium Cobalt Rare Earth Magnets. This report contains market size and forecasts of Samarium Cobalt Rare Earth Magnets in global, including the following market information:
Global Samarium Cobalt Rare Earth Magnets Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Samarium Cobalt Rare Earth Magnets Market Sales, 2018-2023, 2024-2030, (Tonnes)
Global top five Samarium Cobalt Rare Earth Magnets companies in 2022 (%)
The global Samarium Cobalt Rare Earth Magnets market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
SmCo5 Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Samarium Cobalt Rare Earth Magnets include VAC, Shin-Etsu, Eclipse Magnetics (Spear & Jackson), JL MAG, Toshiba Materials, Arnold Magnetic Technologies, Dura Magnetics, Seiko Instruments and Electron Energy Corporation (EEC), etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Samarium Cobalt Rare Earth Magnets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Samarium Cobalt Rare Earth Magnets Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Tonnes)
Global Samarium Cobalt Rare Earth Magnets Market Segment Percentages, by Type, 2022 (%)
SmCo5
Sm2Co17
Global Samarium Cobalt Rare Earth Magnets Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Tonnes)
Global Samarium Cobalt Rare Earth Magnets Market Segment Percentages, by Application, 2022 (%)
Aerospace & Defense
Automotive
Medical
Industrial Machinery
Other
Global Samarium Cobalt Rare Earth Magnets Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Tonnes)
Global Samarium Cobalt Rare Earth Magnets Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Samarium Cobalt Rare Earth Magnets revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Samarium Cobalt Rare Earth Magnets revenues share in global market, 2022 (%)
Key companies Samarium Cobalt Rare Earth Magnets sales in global market, 2018-2023 (Estimated), (Tonnes)
Key companies Samarium Cobalt Rare Earth Magnets sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
VAC
Shin-Etsu
Eclipse Magnetics (Spear & Jackson)
JL MAG
Toshiba Materials
Arnold Magnetic Technologies
Dura Magnetics
Seiko Instruments
Electron Energy Corporation (EEC)
Bunting Magnetics
Galaxy Magnets
Adams Magnetic Products
MPI Magnets
BLS Magnet
Hangzhou Permanent Magnet
Jiangmen Magsource New Material
TH Magnetics
SDM Magnetics
Everbeen Magnet
Newland Magnetics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Samarium Cobalt Rare Earth Magnets, market overview.
Chapter 2: Global Samarium Cobalt Rare Earth Magnets market size in revenue and volume.
Chapter 3: Detailed analysis of Samarium Cobalt Rare Earth Magnets manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Samarium Cobalt Rare Earth Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Samarium Cobalt Rare Earth Magnets capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
