
The global SmCo Magnet market size was valued at US$ 554 million in 2024 and is forecast to a readjusted size of USD 781 million by 2031 with a CAGR of 5.1% during review period.
SmCo magnets, also known as samarium cobalt magnets, are a type of rare-earth magnet known for their high magnetic strength and temperature resistance. Several driving factors contribute to the demand and use of SmCo magnets:
1. High magnetic performance: SmCo magnets have one of the highest magnetic energy products among commercially available magnets. They possess excellent magnetic strength and provide strong magnetic fields, making them ideal for applications that require high performance, such as motors, sensors, and magnetic couplings.
2. Temperature stability: SmCo magnets have high resistance to demagnetization at elevated temperatures. They can retain their magnetic properties at temperatures exceeding other magnet types, making them suitable for applications that involve high temperatures, such as aerospace, automotive, and certain industrial applications.
3. Strong corrosion resistance: SmCo magnets have excellent corrosion resistance, making them suitable for use in harsh environments. They do not require additional coatings or protective measures in many applications, reducing the need for maintenance and allowing for longer lifespan in corrosive environments.
4. Compact size: SmCo magnets have high energy density, meaning they can provide strong magnetic fields in smaller sizes compared to other magnets. This compact size makes them a preferred choice for applications where space is limited, such as miniaturized electronic devices and medical equipment.
5. Long-term stability: SmCo magnets have excellent long-term stability. They demonstrate minimal irreversible losses in magnetic properties over time, ensuring their performance and reliability over extended periods.
6. Niche applications: SmCo magnets find extensive use in niche applications that require specific magnetic properties. These include aerospace and defense applications, high-temperature environments, magnetic separators, magnetic couplings, and high-end audio equipment, among others.
7. Limited availability: SmCo magnets are considered rare-earth magnets, and their production relies on the availability of raw materials, such as samarium and cobalt. The limited availability of these resources and the complex manufacturing process make SmCo magnets relatively expensive compared to other magnet types. However, their unique properties and performance justify their cost in certain applications.
These factors collectively contribute to the demand for SmCo magnets in various industries and applications that require high magnetic performance, temperature stability, and resistance to corrosion.
This report is a detailed and comprehensive analysis for global SmCo Magnet market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global SmCo Magnet market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global SmCo Magnet market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global SmCo Magnet market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global SmCo Magnet market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for SmCo Magnet
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global SmCo Magnet market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Master Magnetics, MS-Schramberg GmbH & Co. KG, Ningbo Zhaobao Magnet, ThyssenKrupp Magnettechnik, Magma Magnets Manufacturing, Magengine, LOGIMAG, HEINRICH KIPP WERK KG, ECLIPSE MAGNETICS, CALAMIT, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Âé¶¹Ô´´ Segmentation
SmCo Magnet market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Âé¶¹Ô´´ segment by Type
200℃
300℃
350℃
Other
Âé¶¹Ô´´ segment by Application
Space
National Defense
Communication
Medical Equipment
Other
Major players covered
Master Magnetics
MS-Schramberg GmbH & Co. KG
Ningbo Zhaobao Magnet
ThyssenKrupp Magnettechnik
Magma Magnets Manufacturing
Magengine
LOGIMAG
HEINRICH KIPP WERK KG
ECLIPSE MAGNETICS
CALAMIT
Dura Magnetics
Arnold Magnetic Technologies
Armstrong Magnetics
Âé¶¹Ô´´ segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SmCo Magnet product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SmCo Magnet, with price, sales quantity, revenue, and global market share of SmCo Magnet from 2020 to 2025.
Chapter 3, the SmCo Magnet competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SmCo Magnet breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and SmCo Magnet market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of SmCo Magnet.
Chapter 14 and 15, to describe SmCo Magnet sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Âé¶¹Ô´´ Overview
1.1 Product Overview and Scope
1.2 Âé¶¹Ô´´ Estimation Caveats and Base Year
1.3 Âé¶¹Ô´´ Analysis by Type
1.3.1 Overview: Global SmCo Magnet Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 200℃
1.3.3 300℃
1.3.4 350℃
1.3.5 Other
1.4 Âé¶¹Ô´´ Analysis by Application
1.4.1 Overview: Global SmCo Magnet Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Space
1.4.3 National Defense
1.4.4 Communication
1.4.5 Medical Equipment
1.4.6 Other
1.5 Global SmCo Magnet Âé¶¹Ô´´ Size & Forecast
1.5.1 Global SmCo Magnet Consumption Value (2020 & 2024 & 2031)
1.5.2 Global SmCo Magnet Sales Quantity (2020-2031)
1.5.3 Global SmCo Magnet Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Master Magnetics
2.1.1 Master Magnetics Details
2.1.2 Master Magnetics Major Business
2.1.3 Master Magnetics SmCo Magnet Product and Services
2.1.4 Master Magnetics SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.1.5 Master Magnetics Recent Developments/Updates
2.2 MS-Schramberg GmbH & Co. KG
2.2.1 MS-Schramberg GmbH & Co. KG Details
2.2.2 MS-Schramberg GmbH & Co. KG Major Business
2.2.3 MS-Schramberg GmbH & Co. KG SmCo Magnet Product and Services
2.2.4 MS-Schramberg GmbH & Co. KG SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.2.5 MS-Schramberg GmbH & Co. KG Recent Developments/Updates
2.3 Ningbo Zhaobao Magnet
2.3.1 Ningbo Zhaobao Magnet Details
2.3.2 Ningbo Zhaobao Magnet Major Business
2.3.3 Ningbo Zhaobao Magnet SmCo Magnet Product and Services
2.3.4 Ningbo Zhaobao Magnet SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.3.5 Ningbo Zhaobao Magnet Recent Developments/Updates
2.4 ThyssenKrupp Magnettechnik
2.4.1 ThyssenKrupp Magnettechnik Details
2.4.2 ThyssenKrupp Magnettechnik Major Business
2.4.3 ThyssenKrupp Magnettechnik SmCo Magnet Product and Services
2.4.4 ThyssenKrupp Magnettechnik SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.4.5 ThyssenKrupp Magnettechnik Recent Developments/Updates
2.5 Magma Magnets Manufacturing
2.5.1 Magma Magnets Manufacturing Details
2.5.2 Magma Magnets Manufacturing Major Business
2.5.3 Magma Magnets Manufacturing SmCo Magnet Product and Services
2.5.4 Magma Magnets Manufacturing SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.5.5 Magma Magnets Manufacturing Recent Developments/Updates
2.6 Magengine
2.6.1 Magengine Details
2.6.2 Magengine Major Business
2.6.3 Magengine SmCo Magnet Product and Services
2.6.4 Magengine SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.6.5 Magengine Recent Developments/Updates
2.7 LOGIMAG
2.7.1 LOGIMAG Details
2.7.2 LOGIMAG Major Business
2.7.3 LOGIMAG SmCo Magnet Product and Services
2.7.4 LOGIMAG SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.7.5 LOGIMAG Recent Developments/Updates
2.8 HEINRICH KIPP WERK KG
2.8.1 HEINRICH KIPP WERK KG Details
2.8.2 HEINRICH KIPP WERK KG Major Business
2.8.3 HEINRICH KIPP WERK KG SmCo Magnet Product and Services
2.8.4 HEINRICH KIPP WERK KG SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.8.5 HEINRICH KIPP WERK KG Recent Developments/Updates
2.9 ECLIPSE MAGNETICS
2.9.1 ECLIPSE MAGNETICS Details
2.9.2 ECLIPSE MAGNETICS Major Business
2.9.3 ECLIPSE MAGNETICS SmCo Magnet Product and Services
2.9.4 ECLIPSE MAGNETICS SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.9.5 ECLIPSE MAGNETICS Recent Developments/Updates
2.10 CALAMIT
2.10.1 CALAMIT Details
2.10.2 CALAMIT Major Business
2.10.3 CALAMIT SmCo Magnet Product and Services
2.10.4 CALAMIT SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.10.5 CALAMIT Recent Developments/Updates
2.11 Dura Magnetics
2.11.1 Dura Magnetics Details
2.11.2 Dura Magnetics Major Business
2.11.3 Dura Magnetics SmCo Magnet Product and Services
2.11.4 Dura Magnetics SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.11.5 Dura Magnetics Recent Developments/Updates
2.12 Arnold Magnetic Technologies
2.12.1 Arnold Magnetic Technologies Details
2.12.2 Arnold Magnetic Technologies Major Business
2.12.3 Arnold Magnetic Technologies SmCo Magnet Product and Services
2.12.4 Arnold Magnetic Technologies SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.12.5 Arnold Magnetic Technologies Recent Developments/Updates
2.13 Armstrong Magnetics
2.13.1 Armstrong Magnetics Details
2.13.2 Armstrong Magnetics Major Business
2.13.3 Armstrong Magnetics SmCo Magnet Product and Services
2.13.4 Armstrong Magnetics SmCo Magnet Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.13.5 Armstrong Magnetics Recent Developments/Updates
3 Competitive Environment: SmCo Magnet by Manufacturer
3.1 Global SmCo Magnet Sales Quantity by Manufacturer (2020-2025)
3.2 Global SmCo Magnet Revenue by Manufacturer (2020-2025)
3.3 Global SmCo Magnet Average Price by Manufacturer (2020-2025)
3.4 Âé¶¹Ô´´ Share Analysis (2024)
3.4.1 Producer Shipments of SmCo Magnet by Manufacturer Revenue ($MM) and Âé¶¹Ô´´ Share (%): 2024
3.4.2 Top 3 SmCo Magnet Manufacturer Âé¶¹Ô´´ Share in 2024
3.4.3 Top 6 SmCo Magnet Manufacturer Âé¶¹Ô´´ Share in 2024
3.5 SmCo Magnet Âé¶¹Ô´´: Overall Company Footprint Analysis
3.5.1 SmCo Magnet Âé¶¹Ô´´: Region Footprint
3.5.2 SmCo Magnet Âé¶¹Ô´´: Company Product Type Footprint
3.5.3 SmCo Magnet Âé¶¹Ô´´: Company Product Application Footprint
3.6 New Âé¶¹Ô´´ Entrants and Barriers to Âé¶¹Ô´´ Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global SmCo Magnet Âé¶¹Ô´´ Size by Region
4.1.1 Global SmCo Magnet Sales Quantity by Region (2020-2031)
4.1.2 Global SmCo Magnet Consumption Value by Region (2020-2031)
4.1.3 Global SmCo Magnet Average Price by Region (2020-2031)
4.2 North America SmCo Magnet Consumption Value (2020-2031)
4.3 Europe SmCo Magnet Consumption Value (2020-2031)
4.4 Asia-Pacific SmCo Magnet Consumption Value (2020-2031)
4.5 South America SmCo Magnet Consumption Value (2020-2031)
4.6 Middle East & Africa SmCo Magnet Consumption Value (2020-2031)
5 Âé¶¹Ô´´ Segment by Type
5.1 Global SmCo Magnet Sales Quantity by Type (2020-2031)
5.2 Global SmCo Magnet Consumption Value by Type (2020-2031)
5.3 Global SmCo Magnet Average Price by Type (2020-2031)
6 Âé¶¹Ô´´ Segment by Application
6.1 Global SmCo Magnet Sales Quantity by Application (2020-2031)
6.2 Global SmCo Magnet Consumption Value by Application (2020-2031)
6.3 Global SmCo Magnet Average Price by Application (2020-2031)
7 North America
7.1 North America SmCo Magnet Sales Quantity by Type (2020-2031)
7.2 North America SmCo Magnet Sales Quantity by Application (2020-2031)
7.3 North America SmCo Magnet Âé¶¹Ô´´ Size by Country
7.3.1 North America SmCo Magnet Sales Quantity by Country (2020-2031)
7.3.2 North America SmCo Magnet Consumption Value by Country (2020-2031)
7.3.3 United States Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.4 Canada Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.5 Mexico Âé¶¹Ô´´ Size and Forecast (2020-2031)
8 Europe
8.1 Europe SmCo Magnet Sales Quantity by Type (2020-2031)
8.2 Europe SmCo Magnet Sales Quantity by Application (2020-2031)
8.3 Europe SmCo Magnet Âé¶¹Ô´´ Size by Country
8.3.1 Europe SmCo Magnet Sales Quantity by Country (2020-2031)
8.3.2 Europe SmCo Magnet Consumption Value by Country (2020-2031)
8.3.3 Germany Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.4 France Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.5 United Kingdom Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.6 Russia Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.7 Italy Âé¶¹Ô´´ Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific SmCo Magnet Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific SmCo Magnet Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific SmCo Magnet Âé¶¹Ô´´ Size by Region
9.3.1 Asia-Pacific SmCo Magnet Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific SmCo Magnet Consumption Value by Region (2020-2031)
9.3.3 China Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.4 Japan Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.5 South Korea Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.6 India Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.7 Southeast Asia Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.8 Australia Âé¶¹Ô´´ Size and Forecast (2020-2031)
10 South America
10.1 South America SmCo Magnet Sales Quantity by Type (2020-2031)
10.2 South America SmCo Magnet Sales Quantity by Application (2020-2031)
10.3 South America SmCo Magnet Âé¶¹Ô´´ Size by Country
10.3.1 South America SmCo Magnet Sales Quantity by Country (2020-2031)
10.3.2 South America SmCo Magnet Consumption Value by Country (2020-2031)
10.3.3 Brazil Âé¶¹Ô´´ Size and Forecast (2020-2031)
10.3.4 Argentina Âé¶¹Ô´´ Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa SmCo Magnet Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa SmCo Magnet Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa SmCo Magnet Âé¶¹Ô´´ Size by Country
11.3.1 Middle East & Africa SmCo Magnet Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa SmCo Magnet Consumption Value by Country (2020-2031)
11.3.3 Turkey Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.4 Egypt Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.6 South Africa Âé¶¹Ô´´ Size and Forecast (2020-2031)
12 Âé¶¹Ô´´ Dynamics
12.1 SmCo Magnet Âé¶¹Ô´´ Drivers
12.2 SmCo Magnet Âé¶¹Ô´´ Restraints
12.3 SmCo Magnet Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of SmCo Magnet and Key Manufacturers
13.2 Manufacturing Costs Percentage of SmCo Magnet
13.3 SmCo Magnet Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 SmCo Magnet Typical Distributors
14.3 SmCo Magnet Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Master Magnetics
MS-Schramberg GmbH & Co. KG
Ningbo Zhaobao Magnet
ThyssenKrupp Magnettechnik
Magma Magnets Manufacturing
Magengine
LOGIMAG
HEINRICH KIPP WERK KG
ECLIPSE MAGNETICS
CALAMIT
Dura Magnetics
Arnold Magnetic Technologies
Armstrong Magnetics
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*If Applicable.
