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The global Rare Earth Magnet market size is estimated to be $16.3 billion in 2023, and MAResearch analysts predict it will reach $37 billion by 2031, growing at a CAGR of 10.8% during the forecast period from 2023 to 2031.
This report studies the Rare Earth Magnet market, covering market size for segment by type (Sintered Neodymium Magnet, Bonded Neodymium Magnet, etc.), by application (Automotive, Air Conditioning, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Zhong Ke San Huan, Ningbo Yunsheng, JL MAG, ZHmag, Proterial (Hitachi Metals), etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Rare Earth Magnet from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Rare Earth Magnet market.
Leading Players of Rare Earth Magnet including:
- Zhong Ke San Huan
- Ningbo Yunsheng
- JL MAG
- ZHmag
- Proterial (Hitachi Metals)
- Innuovo Magnetics
- Shin-Etsu Chemical
- Yantai Dongxing (YSM)
- TDK
- Earth-Panda
- Vacuumschmelze (VAC)
- Jingci Material Science
- Chengdu Galaxy Magnets
- Ningbo Jinji
- Zhejiang Zhongyuan Magnetic
- Zhejiang Zhongke Magnetic
- Tianhe Magnetics
Market split by Type:
- Sintered Neodymium Magnet
- Bonded Neodymium Magnet
- Others
Market split by Application:
- Automotive
- Air Conditioning
- Wind Energy
- Factory Automation
- Consumer Goods & Electronics
- Aerospace & Defense
Market split by Sales Channel:
- Direct Channel
- Distribution Channel
Market split by Region/Country:
- North America (United States and Canada)
- Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
- South America (Brazil, Mexico, and Argentina, etc.)
- Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
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