The global NdFeB magnets market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for NdFeB magnets in various applications such as consumer electronics, industrial motor, and energy-saving appliances. The increasing demand for these products is driving the growth of this market.
The global NdFeB magnets market by type is segmented into sintered NdFeB magnet and bonded NdFeB magnet. Sintered NdFeB magnet accounted for more than 50% share in 2017 and it is expected to maintain its dominance throughout the forecast period owing to its high performance and low cost compared with bonded magnets. Bonded magnets are expected to grow at a CAGR of 7% during the forecast period due to their higher efficiency than sintered ones in terms of power consumption and production cost per unit volume or weight.
Consumer electronics application accounted for more than 40% share in 2017 owing to their high demand across various industries such as automotive, medical devices, home appliances, etc, which are driving this segment’s growth rate at a CAGR of 8%. Industrial motor application accounted for more than 30% share in 2017 due its use across various industries such as aerospace & defense industry (elevators), construction industry (cranes), etc, which are driving this segment’s growth rate at a CAGR of 9%. Energy-saving appliance application accounted for less than 10% share in 2017 due its use across various industries such as refrigerators & freezers (air conditioners), washing machines (dryers), etc, which are driving this segment’s growth rate at a CAGR of 5%. Vehicle application accounted for less than 10% share in 2017 due its use across various industries such as automobiles (buses) that are driving this segment’s growth rate at a CAGR of 4%.
Some Of The Growth Factors Of This Market:
- Increasing demand for NdFeB magnets in the automotive industry.
- Increasing demand for NdFeB magnets in the wind turbine industry.
- Increasing demand for NdFeB magnets in the medical equipment industry.
- Growing use of NdFeB magnets in renewable energy applications.
- Rising awareness about the benefits of using NdFeB magnets.
Industry Growth Insights published a new data on “NdFeB Magnets Market”. The research report is titled “NdFeB Magnets Market research by Types (Sintered NdFeB Magnet, Bonded NdFeB Magnet), By Applications (Consumer Electronics, Industrial Motor, Energy-Saving Appliances, Vehicle, Other), By Players/Companies Hitachi Metals, MMC, Vacuumschmelze, Zhong Ke San Huan, TDK, Zhenghai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic Material, Jingci Magnet”.
Scope Of The Report
Report Attributes
Report Details
Report Title
NdFeB Magnets Market Research Report
By Type
Sintered NdFeB Magnet, Bonded NdFeB Magnet
By Application
Consumer Electronics, Industrial Motor, Energy-Saving Appliances, Vehicle, Other
By Companies
Hitachi Metals, MMC, Vacuumschmelze, Zhong Ke San Huan, TDK, Zhenghai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic Material, Jingci Magnet
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global NdFeB Magnets Market Report Segments:
The global NdFeB Magnets market is segmented on the basis of:
Types
Sintered NdFeB Magnet, Bonded NdFeB Magnet
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
Consumer Electronics, Industrial Motor, Energy-Saving Appliances, Vehicle, 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 Metals
- MMC
- Vacuumschmelze
- Zhong Ke San Huan
- TDK
- Zhenghai Magnetic
- Ningbo Yunsheng
- Tianhe Magnets
- Shougang Magnetic Material
- Jingci Magnet
Highlights of The NdFeB 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:
- Sintered NdFeB Magnet
- Bonded NdFeB Magnet
- By Application:
- Consumer Electronics
- Industrial Motor
- Energy-Saving Appliances
- Vehicle
- 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 NdFeB 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
NdFeB magnets are made of neodymium, iron and boron. They have a very high coercivity (the ability to resist being pulled apart), which makes them good for use in hard drives and other magnetic storage devices.
Some of the major companies in the ndfeb magnets market are Hitachi Metals, MMC, Vacuumschmelze, Zhong Ke San Huan, TDK, Zhenghai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic Material, Jingci Magnet.
The ndfeb magnets market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. NdFeB Magnets Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. NdFeB Magnets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. NdFeB Magnets Market - Supply Chain
4.5. Global NdFeB Magnets Market Forecast
4.5.1. NdFeB Magnets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. NdFeB Magnets Market Size (000 Units) and Y-o-Y Growth
4.5.3. NdFeB Magnets Market Absolute $ Opportunity
5. Global NdFeB Magnets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. NdFeB Magnets Market Size and Volume Forecast by Type
5.3.1. Sintered NdFeB Magnet
5.3.2. Bonded NdFeB Magnet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global NdFeB Magnets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. NdFeB Magnets Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Industrial Motor
6.3.3. Energy-Saving Appliances
6.3.4. Vehicle
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global NdFeB Magnets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. NdFeB Magnets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global NdFeB Magnets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. NdFeB Magnets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global NdFeB Magnets Demand Share Forecast, 2019-2026
9. North America NdFeB Magnets Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America NdFeB Magnets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America NdFeB Magnets Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Industrial Motor
9.4.3. Energy-Saving Appliances
9.4.4. Vehicle
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America NdFeB Magnets Market Size and Volume Forecast by Type
9.7.1. Sintered NdFeB Magnet
9.7.2. Bonded NdFeB Magnet
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America NdFeB Magnets Demand Share Forecast, 2019-2026
10. Latin America NdFeB Magnets Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America NdFeB Magnets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America NdFeB Magnets Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Industrial Motor
10.4.3. Energy-Saving Appliances
10.4.4. Vehicle
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America NdFeB Magnets Market Size and Volume Forecast by Type
10.7.1. Sintered NdFeB Magnet
10.7.2. Bonded NdFeB Magnet
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America NdFeB Magnets Demand Share Forecast, 2019-2026
11. Europe NdFeB Magnets Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe NdFeB Magnets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe NdFeB Magnets Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Industrial Motor
11.4.3. Energy-Saving Appliances
11.4.4. Vehicle
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe NdFeB Magnets Market Size and Volume Forecast by Type
11.7.1. Sintered NdFeB Magnet
11.7.2. Bonded NdFeB Magnet
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe NdFeB Magnets Demand Share, 2019-2026
12. Asia Pacific NdFeB Magnets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific NdFeB Magnets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific NdFeB Magnets Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Industrial Motor
12.4.3. Energy-Saving Appliances
12.4.4. Vehicle
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific NdFeB Magnets Market Size and Volume Forecast by Type
12.7.1. Sintered NdFeB Magnet
12.7.2. Bonded NdFeB Magnet
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific NdFeB Magnets Demand Share, 2019-2026
13. Middle East & Africa NdFeB Magnets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa NdFeB Magnets Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa NdFeB Magnets Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Industrial Motor
13.4.3. Energy-Saving Appliances
13.4.4. Vehicle
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa NdFeB Magnets Market Size and Volume Forecast by Type
13.7.1. Sintered NdFeB Magnet
13.7.2. Bonded NdFeB Magnet
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa NdFeB Magnets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global NdFeB Magnets Market: Market Share Analysis
14.2. NdFeB Magnets Distributors and Customers
14.3. NdFeB Magnets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hitachi Metals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MMC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vacuumschmelze
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhong Ke San Huan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TDK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhenghai Magnetic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ningbo Yunsheng
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tianhe Magnets
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shougang Magnetic Material
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jingci Magnet
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
