Product Code:454895
Published Date: Feb 08,2023
Pages: 94
Region: Global
Category: Chemical & Material
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Generally, the Rare-earth Bonded Magnet is produced by molding compression of the compound NdFeB alloy powder with epoxy resin, also it can be made by injection or extrusion from NdFeB alloy powder mixed with plastic. They are mainly applied to sorts of mini-sized and special motors, such as spindle motor (HDD, CD-ROM and DVD), stepping motor, synchronous motor, DC motor and brushless motor, etc. LPI (LP Information)' newest research report, the “Rare-Earth Bonded Magnet Industry Forecast” looks at past sales and reviews total world Rare-Earth Bonded Magnet sales in 2022, providing a comprehensive analysis by region and market sector of projected Rare-Earth Bonded Magnet sales for 2023 through 2029. With Rare-Earth Bonded Magnet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rare-Earth Bonded Magnet industry. This Insight Report provides a comprehensive analysis of the global Rare-Earth Bonded Magnet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rare-Earth Bonded Magnet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rare-Earth Bonded Magnet market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rare-Earth Bonded Magnet and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rare-Earth Bonded Magnet. The global Rare-Earth Bonded Magnet market size is projected to grow from US$ 617.4 million in 2022 to US$ 994.9 million in 2029; it is expected to grow at a CAGR of 994.9 from 2023 to 2029. The global Rare-earth Bonded Magnet market is led by China capturing about 35% of global Rare-earth Bonded Magnet consumption. Japan is the second-largest region-wise market with 13% of production share. At present, the major manufacturers of Rare-earth Bonded Magnet are Galaxy Magnetic, Shanghai San Huan Magnetics, Daido Electronics, Innuovo Magnetics, Yunsheng Company, AT&M, Magsuper, etc. Galaxy Magnetic is the world leader, holding 17% revenue market share. In application, Rare-earth Bonded Magnet downstream is wide and recently Rare-earth Bonded Magnet has acquired increasing significance in various fields of High Efficiency Motors, Hybrid/Electric Vehicles and Hard Disk Drives and others. Globally, the Rare-earth Bonded Magnet market is mainly driven by growing demand for Hard Disk Drives which accounts for nearly 33% of total downstream consumption of Rare-earth Bonded Magnet. This report presents a comprehensive overview, market shares, and growth opportunities of Rare-Earth Bonded Magnet market by product type, application, key manufacturers and key regions and countries. Market Segmentation: Segmentation by type NdFeB Magnet SmCo Magnet Segmentation by application High Efficiency Motors Hybrid/Electric Vehicles Hard Disk Drives Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. Galaxy Magnetic Shanghai San Huan Magnetics Daido Electronics Innuovo Magnetics Yunsheng Company AT&M Magsuper Earth-Panda Key Questions Addressed in this Report What is the 10-year outlook for the global Rare-Earth Bonded Magnet market? What factors are driving Rare-Earth Bonded Magnet market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Rare-Earth Bonded Magnet market opportunities vary by end market size? How does Rare-Earth Bonded Magnet break out type, application? What are the influences of COVID-19 and Russia-Ukraine war?