Report overview
A samarium?cobalt (SmCo) magnet, a type of rare earth magnet, is a strong permanent magnet made of an alloy of samarium and cobalt.
This report aims to provide a comprehensive presentation of the global market for Samarium-Cobalt Magnet, 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 Magnet. This report contains market size and forecasts of Samarium-Cobalt Magnet in global, including the following market information:
Global Samarium-Cobalt Magnet Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Samarium-Cobalt Magnet Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Samarium-Cobalt Magnet companies in 2022 (%)
The global Samarium-Cobalt Magnet market was valued at US$ 436.3 million in 2022 and is projected to reach US$ 574.9 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The manufacturing bases of Samarium-Cobalt Magnet concentrated distribution in China, USA and Japan; some of the key players dominating this market are Hitachi Metals Group, Shin-Etsu, HPMG, NGYC, CO-STAR and Tianhe Magnetics.
Samarium-Cobalt Magnet has the largest application proportion in the field of industrial machinery, with a market share of over 40%.
Samarium-Cobalt Magnet has the highest sales volume in the Asia-Pacific region, with a market share close to 85%.
We surveyed the Samarium-Cobalt Magnet 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 Magnet Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Samarium-Cobalt Magnet Market Segment Percentages, by Type, 2022 (%)
SmCo5
Sm2Co17
Global Samarium-Cobalt Magnet Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Samarium-Cobalt Magnet Market Segment Percentages, by Application, 2022 (%)
Aerospace & Defense
Automotive
Industrial Machinery
Others
Global Samarium-Cobalt Magnet Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Samarium-Cobalt Magnet 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 Magnet revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Samarium-Cobalt Magnet revenues share in global market, 2022 (%)
Key companies Samarium-Cobalt Magnet sales in global market, 2018-2023 (Estimated), (MT)
Key companies Samarium-Cobalt Magnet sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Shin-Etsu
VAC
Galaxy Magnetic
HPMG
NGYC
CO-STAR
Tianhe Magnetics
Electron Energy Corp
Arnold Magnetic
Outline of Major Chapters:
Chapter 1: Introduces the definition of Samarium-Cobalt Magnet, market overview.
Chapter 2: Global Samarium-Cobalt Magnet market size in revenue and volume.
Chapter 3: Detailed analysis of Samarium-Cobalt Magnet 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 Magnet 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 Magnet 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.
