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 (SmCo) 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 (SmCo) Magnets. This report contains market size and forecasts of Samarium-Cobalt (SmCo) Magnets in global, including the following market information:
Global Samarium-Cobalt (SmCo) Magnets Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Samarium-Cobalt (SmCo) Magnets Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Samarium-Cobalt (SmCo) Magnets companies in 2022 (%)
The global Samarium-Cobalt (SmCo) Magnets 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 (SmCo) 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 (SmCo) Magnets Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Samarium-Cobalt (SmCo) Magnets Market Segment Percentages, by Type, 2022 (%)
SmCo5
Sm2Co17
Global Samarium-Cobalt (SmCo) Magnets Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Samarium-Cobalt (SmCo) Magnets Market Segment Percentages, by Application, 2022 (%)
Aerospace
Automotive
Medical
Others
Global Samarium-Cobalt (SmCo) Magnets Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Samarium-Cobalt (SmCo) 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 (SmCo) Magnets revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Samarium-Cobalt (SmCo) Magnets revenues share in global market, 2022 (%)
Key companies Samarium-Cobalt (SmCo) Magnets sales in global market, 2018-2023 (Estimated), (MT)
Key companies Samarium-Cobalt (SmCo) Magnets sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dura Magnetics
Magnetic Component Engineering
Integrated Magnetics
Goudsmit Magnetics
Magnaworks Technology
Arnold Magnetic Technologies
Adams Magnetic Product
Polaris Rare Earth Materials
Bunting Magnetics
Magnetic Specialties
Veekim
Outline of Major Chapters:
Chapter 1: Introduces the definition of Samarium-Cobalt (SmCo) Magnets, market overview.
Chapter 2: Global Samarium-Cobalt (SmCo) Magnets market size in revenue and volume.
Chapter 3: Detailed analysis of Samarium-Cobalt (SmCo) 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 (SmCo) 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 (SmCo) 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.
