Market Overview:
The global sintered Nd-Fe-B magnets market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sintered Nd-Fe-B magnets from various applications, such as automotive, electronics & appliances, medical equipment, aerospace and others. Sintered Nd-Fe-B magnets are widely used in these applications owing to their high strength and magnetic properties. North America is expected to lead the global market during the forecast period due to the presence of major players in this region and rising demand for sintered Nd-Fe-B magnets from various end users.
Product Definition:
Sintered Nd-Fe-B magnets are an alloy of neodymium, iron and boron. They are important because they have a very high magnetic field strength. This makes them ideal for use in motors, generators and loudspeakers.
Axially Magnetized:
Axially magnetized magnets are produced by applying an external magnetic field to the raw material during the sintering process. The product is used in various applications such as hard disk drives, electric motors, and consumer electronics. Axially magnetized magnets have a high saturation flux density which can be achieved with low-temperature materials such as neodymium (Nd), samarium (Sm) and bertrandite (Bi).
Diametrically Magnetized:
Diametrically magnetized magnets are produced by applying an external magnetic field to the raw material during the manufacturing process. The diametrically magnetized magnets have two distinct poles, which produce a torque effect when used in applications such as hard disk drives and electric motors.
Application Insights:
The global sintered neodymium-fe-b magnets market is segmented on the basis of application into automotive, electronics and appliances, medical equipment, aerospace and other applications. The automotive sector accounted for a major share in 2017 owing to increasing demand from electric vehicles. Sintered neodymium-ferrite magnets are used as magnetic sensors in electronic engine immobilizers that prevent vehicle theft by triggering an alarm when the car is moved without the keys inside. These motors also have applications in various other industries including security systems and industrial machinery where strong permanent magnetism is required due to their properties such as high strength, low iron content which reduces operating costs significantly over conventional motors.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in product demand. This can be attributed to ongoing economic uncertainty and rising unemployment rates, which are anticipated to negatively impact consumer spending patterns across various sectors including construction, transportation, and manufacturing among others.
Asia Pacific is projected to register significant growth over the coming years due of increasing government initiatives for promoting manufacturing activities across various industries including automotive and electronics among others. In addition, growing population coupled with rapid urbanization has resulted in increased demand for automobiles from developing countries such as China and India among others thus driving the regional market further.
Growth Factors:
- Increasing demand from the automotive industry for fuel-efficient and lightweight vehicles
- Growing demand for Sintered Nd-Fe-B Magnets in consumer electronics sector
- Rising popularity of electric vehicles and hybrid cars
- Proliferation of the Internet of Things (IoT) and increasing adoption of smart devices
- Growing investments in research and development by leading players to develop new applications for Sintered Nd-Fe-B Magnets
Scope Of The Report
Report Attributes
Report Details
Report Title
Sintered Nd-Fe-B Magnets Market Research Report
By Type
Axially Magnetized, Diametrically Magnetized
By Application
Automotive, Electronics & Appliances, Medical Equipment, Aerospace, Other
By Companies
Hitachi Corporation, Delta Magnet, Yantai Shougang Magnetic Materials, Dailymag, Sura Magnets, Newland Magnetics, Hangzhou Permanent Magnet Group, Zhong Ke San Huan Hi-Tech, Neorem Magnets
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Sintered Nd-Fe-B Magnets Market Report Segments:
The global Sintered Nd-Fe-B Magnets market is segmented on the basis of:
Types
Axially Magnetized, Diametrically Magnetized
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electronics & Appliances, Medical Equipment, Aerospace, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi Corporation
- Delta Magnet
- Yantai Shougang Magnetic Materials
- Dailymag
- Sura Magnets
- Newland Magnetics
- Hangzhou Permanent Magnet Group
- Zhong Ke San Huan Hi-Tech
- Neorem Magnets
Highlights of The Sintered Nd-Fe-B Magnets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Axially Magnetized
- Diametrically Magnetized
- By Application:
- Automotive
- Electronics & Appliances
- Medical Equipment
- Aerospace
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sintered Nd-Fe-B Magnets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sintered Nd-Fe-B magnets are a type of permanent magnet that is made from a mixture of neodymium, iron, and boron. They are strong and durable magnets that can hold a lot of weight.
Some of the major companies in the sintered nd-fe-b magnets market are Hitachi Corporation, Delta Magnet, Yantai Shougang Magnetic Materials, Dailymag, Sura Magnets, Newland Magnetics, Hangzhou Permanent Magnet Group, Zhong Ke San Huan Hi-Tech, Neorem Magnets.
The sintered nd-fe-b magnets market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sintered Nd-Fe-B Magnets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sintered Nd-Fe-B Magnets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sintered Nd-Fe-B Magnets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sintered Nd-Fe-B Magnets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sintered Nd-Fe-B Magnets Market Size & Forecast, 2020-2028
4.5.1 Sintered Nd-Fe-B Magnets Market Size and Y-o-Y Growth
4.5.2 Sintered Nd-Fe-B Magnets Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Axially Magnetized
5.2.2 Diametrically Magnetized
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electronics & Appliances
6.2.3 Medical Equipment
6.2.4 Aerospace
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sintered Nd-Fe-B Magnets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sintered Nd-Fe-B Magnets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Axially Magnetized
9.6.2 Diametrically Magnetized
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electronics & Appliances
9.10.3 Medical Equipment
9.10.4 Aerospace
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Axially Magnetized
10.6.2 Diametrically Magnetized
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electronics & Appliances
10.10.3 Medical Equipment
10.10.4 Aerospace
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Axially Magnetized
11.6.2 Diametrically Magnetized
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electronics & Appliances
11.10.3 Medical Equipment
11.10.4 Aerospace
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Axially Magnetized
12.6.2 Diametrically Magnetized
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electronics & Appliances
12.10.3 Medical Equipment
12.10.4 Aerospace
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Axially Magnetized
13.6.2 Diametrically Magnetized
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electronics & Appliances
13.10.3 Medical Equipment
13.10.4 Aerospace
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sintered Nd-Fe-B Magnets Market: Competitive Dashboard
14.2 Global Sintered Nd-Fe-B Magnets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi Corporation
14.3.2 Delta Magnet
14.3.3 Yantai Shougang Magnetic Materials
14.3.4 Dailymag
14.3.5 Sura Magnets
14.3.6 Newland Magnetics
14.3.7 Hangzhou Permanent Magnet Group
14.3.8 Zhong Ke San Huan Hi-Tech
14.3.9 Neorem Magnets
