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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:
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 (%)
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 (%)
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 (%)
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:
Outline of Major Chapters: