DUBLIN--(BUSINESS WIRE)--The "Neodymium Magnet Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global neodymium magnet market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 4.6% from 2024 to 2030.
The future of the global neodymium magnet market looks promising with opportunities in the consumer electronic, automotive, general industrial, medical devices, and energy markets. The major drivers for this market are increasing demand for neodymium magnets from wind energy and electric vehicle industries.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies neodymium magnet companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Neodymium Magnet Market Insights
- Sintered is expected to witness the higher growth over the forecast period due to swift adoption in automobiles, electronics, power generators, and the medical industry.
- Consumer electronic will remain the largest segment due to rise in consumer disposable income and technical improvements.
- APAC is expected to witness highest growth over the forecast period due to growing demand from the manufacturing sector and easy availability of raw materials in the region.
Features of the Global Neodymium Magnet Market
- Market Size Estimates: Neodymium magnet market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Neodymium magnet market size by product, type, end use, and region in terms of value ($B).
- Regional Analysis: Neodymium magnet market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different products, types, end uses, and regions for the neodymium magnet market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the neodymium magnet market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Key Topics Covered:
1. Executive Summary
2. Global Neodymium Magnet Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Neodymium Magnet Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Neodymium Magnet Market by Product
3.3.1: Sintered
3.3.2: Bonded
3.4: Global Neodymium Magnet Market by Type
3.4.1: Neodymium-Iron-Boron (NdFeB) Magnets
3.4.2: Samarium-Cobalt (SmCo) Magnets
3.5: Global Neodymium Magnet Market by End Use
3.5.1: Consumer Electronics
3.5.2: Automotive
3.5.3: General Industrial
3.5.4: Medical Devices
3.5.5: Energy
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Neodymium Magnet Market by Region
4.2: North American Neodymium Magnet Market
4.2.1: North American Neodymium Magnet Market by End Use: Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others
4.3: European Neodymium Magnet Market
4.3.1: European Neodymium Magnet Market by Product: Sintered and Bonded
4.3.2: European Neodymium Magnet Market by End Use: Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others
4.4: APAC Neodymium Magnet Market
4.4.1: APAC Neodymium Magnet Market by Product: Sintered and Bonded
4.4.2: APAC Neodymium Magnet Market by End Use: Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others
4.5: ROW Neodymium Magnet Market
4.5.1: ROW Neodymium Magnet Market by Product: Sintered and Bonded
4.5.2: ROW Neodymium Magnet Market by End Use: Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Neodymium Magnet Market by Product
6.1.2: Growth Opportunities for the Global Neodymium Magnet Market by Type
6.1.3: Growth Opportunities for the Global Neodymium Magnet Market by End Use
6.1.4: Growth Opportunities for the Global Neodymium Magnet Market by Region
6.2: Emerging Trends in the Global Neodymium Magnet Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Neodymium Magnet Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Neodymium Magnet Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Arnold Magnetic Technologies
7.2: Eclipse Magnetics
7.3: Goudsmith Magnetics
7.4: Chengdu Galaxy Magnets
7.5: Ningbo Yunsheng
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