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The neodymium (NdFeB) magnets market is forecasted to grow by USD 6.69 billion during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the neodymium (NdFeB) magnets market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on renewable energy sources, rise in production of consumer electronic devices, and increasing use of NdFeB magnets in biomedical industry.
The neodymium (NdFeB) magnets market is segmented as below:
By Type
- Sintered
- Bonded
By End-user
- Automotive
- Electronics
- Power generators
- Medical industry
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the neodymium (NdFeB) magnets market covers the following areas:
- Neodymium (NdFeB) magnets market sizing
- Neodymium (NdFeB) magnets market forecast
- Neodymium (NdFeB) magnets market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global neodymium (NdFeB) magnets market: Adams Magnetic Products, Advanced Technology and Materials Co. Ltd., Arnold Magnetic Technologies Corp., Daido Steel Co. Ltd., DEXTER MAGNETIC TECHNOLOGIES, Earth Panda Advance Magnetic Material Co.Ltd., Goudsmit Magnetics Groep BV, Guangdong Lingyi Zhizhi Manufacturing Co. Ltd., Hitachi Ltd., Magnequench International LLC, MP MATERIALS CORP., Spear and Jackson, Neo Performance Materials Inc., Ningbo ketian Magnet Co. Ltd., Ningbo Yunsheng Co. Ltd., Ningbo Zhaobao Magnet Co. Ltd., Shin Etsu Chemical Co. Ltd., Siemens AG, Sumitomo Metal Mining Co. Ltd., TDK Corp., The Electrodyne Company Inc., and Zhejiang Innuovo Magnetics Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for EVs."
According to the report, one of the major drivers for this market is the increasing focus on renewable energy sources.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adams Magnetic Products
- Advanced Technology and Materials Co. Ltd.
- Arnold Magnetic Technologies Corp.
- Daido Steel Co. Ltd.
- DEXTER MAGNETIC TECHNOLOGIES
- Earth Panda Advance Magnetic Material Co.Ltd.
- Goudsmit Magnetics Groep BV
- Guangdong Lingyi Zhizhi Manufacturing Co. Ltd.
- Hitachi Ltd.
- Magnequench International LLC
- MP MATERIALS CORP.
- Spear and Jackson
- Neo Performance Materials Inc.
- Ningbo ketian Magnet Co. Ltd.
- Ningbo Yunsheng Co. Ltd.
- Ningbo Zhaobao Magnet Co. Ltd.
- Shin Etsu Chemical Co. Ltd.
- Siemens AG
- Sumitomo Metal Mining Co. Ltd.
- TDK Corp.
- The Electrodyne Company Inc.
- Zhejiang Innuovo Magnetics Co. Ltd.
