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Sintered Samarium Cobalt Permanent Magnets Market, Global Outlook and Forecast 2024-2030

Sintered Samarium Cobalt Permanent Magnets Market, Global Outlook and Forecast 2024-2030

  • Published on : 09 July 2024
  • Pages :79
  • Report Code:SMR-7968932

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Report overview

The global sintered samarium cobalt permanent magnets market was valued at US$ 80.2 million in 2023 and is projected to reach US$ 127.8 million by 2030, at a CAGR of 6.6% 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 2023, While China is Forecast to Reach $ Million.
SmCo5 Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Sintered Samarium Cobalt Permanent Magnets include BEC, Magnaworks, HGT Advanced Magnets, Magnet E Motion, ABM magnetics, Sintex, Earth-Panda Advanced Magnetic Material, Hangzhou Permanent MAGNET Group and Chengdu Galaxy Magnets, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Sintered samarium cobalt permanent magnets are permanent magnet materials with metal samarium and metal cobalt as the main constituent elements, including 1:5 type samarium cobalt magnets and 2:17 type samarium cobalt magnets, which are divided into two types: SmCo5 and Sm2Co17. This material is characterized by its magnetic stability and temperature resistance, as well as its superior corrosion resistance.
This report aims to provide a comprehensive presentation of the global market for Sintered Samarium Cobalt Permanent 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 Sintered Samarium Cobalt Permanent Magnets. This report contains market size and forecasts of Sintered Samarium Cobalt Permanent Magnets in global, including the following market information:

  • Global Sintered Samarium Cobalt Permanent Magnets Market Revenue, 2019-2024, 2025-2030, ($ millions)
  • Global Sintered Samarium Cobalt Permanent Magnets Market Sales, 2019-2024, 2025-2030, (Tons)
  • Global top five Sintered Samarium Cobalt Permanent Magnets companies in 2023 (%)

We surveyed the Sintered Samarium Cobalt Permanent 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 Sintered Samarium Cobalt Permanent Magnets Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Sintered Samarium Cobalt Permanent Magnets Market Segment Percentages, by Type, 2023 (%)

  • SmCo5
  • Sm2Co17

Global Sintered Samarium Cobalt Permanent Magnets Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Sintered Samarium Cobalt Permanent Magnets Market Segment Percentages, by Application, 2023 (%)

  • Aerospace
  • Military Electronics
  • Automation Control
  • Automobile

Global Sintered Samarium Cobalt Permanent Magnets Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Sintered Samarium Cobalt Permanent Magnets Market Segment Percentages, By Region and Country, 2023 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Sintered Samarium Cobalt Permanent Magnets revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Sintered Samarium Cobalt Permanent Magnets revenues share in global market, 2023 (%)
Key companies Sintered Samarium Cobalt Permanent Magnets sales in global market, 2019-2024 (Estimated), (Tons)
Key companies Sintered Samarium Cobalt Permanent Magnets sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • BEC
  • Magnaworks
  • HGT Advanced Magnets
  • Magnet E Motion
  • ABM magnetics
  • Sintex
  • Earth-Panda Advanced Magnetic Material
  • Hangzhou Permanent MAGNET Group
  • Chengdu Galaxy Magnets
  • HangZhou SDM Magnetics
  • Hefei Yichuang Magnetic Industry

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Sintered Samarium Cobalt Permanent Magnets, market overview.
  • Chapter 2: Global Sintered Samarium Cobalt Permanent Magnets market size in revenue and volume.
  • Chapter 3: Detailed analysis of Sintered Samarium Cobalt Permanent 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 Sintered Samarium Cobalt Permanent 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 Sintered Samarium Cobalt Permanent 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.