Overview Of NdFeB Permanent Magnets (Neodymium-iron-boron) Market
A neodymium magnet (also known as NdFeB, NIB or Neo magnet), the most widely used type of rare-earth magnet, is a permanent magnet made from an alloy of neodymium, iron and boron to form the Nd2Fe14B tetragonal crystalline structure. Developed independently in 1982 by General Motors and Sumitomo Special Metals, neodymium magnets are the strongest type of permanent magnet commercially available. They have replaced other types of magnets in many applications in modern products that require strong permanent magnets, such as motors in cordless tools, hard disk drives and magnetic fasteners. The New NdFeB Permanent Magnets (Neodymium-iron-boron) Market Research Analysis provides a detailed overview, Shares, Strategy, and Forecasts of the NdFeB Permanent Magnets (Neodymium-iron-boron) market and delivers a comprehensive individual analysis on the top companies, including Hitachi Metals, MMC, Vacuumschmelze, TDK, Zhenfhai Magnetic, Ningbo Yunsheng, Tianhe Magnets, Shougang Magnetic Material, Jingci Magne
The NdFeB Permanent Magnets (Neodymium-iron-boron) market is anticipated to grow at a CAGR of about XX% over the forecast period, i.e., 2021-2028. The market is expected to reach USD XX million by the end of 2028.
The report provides valuable data on global NdFeB Permanent Magnets (Neodymium-iron-boron) industry. Present and historical as well as future trends of global and countries markets are considered. Also Report complete study of current trends in the NdFeB Permanent Magnets (Neodymium-iron-boron) market, industry growth drivers, and restraints. It provides NdFeB Permanent Magnets (Neodymium-iron-boron) market projections for the coming years. It includes analysis of recent developments in technology, Porter\'s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Key Companies
Hitachi Metals
MMC
Vacuumschmelze
TDK
Zhenfhai Magnetic
Ningbo Yunsheng
Tianhe Magnets
Shougang Magnetic Material
Jingci Magne
Market Product Type Segmentation
Sintered NdFeB Magnet
Bonded NdFeB Magnet
Market by Application Segmentation
Consumer electronics
Industrial Motor
Energy-Saving Appliances
Vehicle
By Region
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the size of occupied by the prominent leaders for the forecast period, 2021 to 2028?
• What will be the share and the growth rate of the NdFeB Permanent Magnets (Neodymium-iron-boron) market during the forecast period?
• What are the future prospects for the NdFeB Permanent Magnets (Neodymium-iron-boron) industry in the coming years?
• Which trends are likely to contribute to the development rate of the industry during the forecast period, 2021 to 2028?
• What are the future prospects of the NdFeB Permanent Magnets (Neodymium-iron-boron) industry for the forecast period, 2021 to 2028?
• Which companies are dominating the competitive landscape across different region and what strategies have they applied to gain a competitive edge?
• What are the major factors responsible for the growth of the market across the different regions?
• What are the challenges faced by the companies operating in the NdFeB Permanent Magnets (Neodymium-iron-boron) market?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.