NdFeB Market by Type (Sintered Nd-Fe-B Magnet, Bonded Nd-Fe-B Magnets, Hot Pressed NdFeB Magnets), Application (Computer, Electronic Industrial, Office Automation Equipment, Auto Industrial, Other), and Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global Trends and Forecast from 2024 to 2030
Categories: Chemical & Material
Format : 
The Global NdFeB Market Size was estimated at USD 6598.35 million in 2023 and is projected to reach USD 8060.15 million by 2030, exhibiting a CAGR of 3.90% during the forecast period 2024-2030.
The NdFeB market (Neodymium Iron Boron), primarily due to the growing demand for rare-earth magnets across various industries, has seen a remarkable growth. NdFeB Magnets are valued for their strength and versatility. They can be used in many applications, including electronics, renewable energy and medical devices. Electric vehicles, windmills and other technologies that require strong, lightweight magnets to perform better are driving the market's growth.
NdFeB magnetic components are becoming more and more important as industries focus on efficiency and miniaturization. The market is also affected by the geopolitical and environmental implications of rare earth extraction and processing. The NdFeB industry is expected to evolve, as it continues to tackle sustainability issues. It will also maintain its importance in the landscape for advanced materials used by modern technologies.
The comprehensive assessment of the NdFeB Market on a global scale is presented in this report for the forecast period spanning from 2023 to 2031. The report encompasses various segments and conducts an analysis of prevailing trends and factors that are playing a substantial role in the market. Market dynamics, including drivers, restraints, opportunities, and challenges, are explored to delineate their impact. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. Throughout the prognosis period, the Global NdFeB Market study offers insights into the market's revenue development.
Market Scope:
This report creates a comprehensive analytical framework for the Global NdFeB Market. The market estimates presented herein result from extensive secondary research, primary interviews, and in-house expert reviews. These estimates consider the impact of diverse social, political, and economic factors, in addition to current market dynamics influencing the growth of the Global NdFeB Market.
In conjunction with the market overview, encompassing market dynamics, the chapter incorporates a Porter’s Five Forces analysis. This analysis elucidates the forces of buyers' bargaining power, suppliers' bargaining power, the threat of new entrants, the threat of substitutes, and the degree of competition within the Global NdFeB Market. The chapter also provides insights into various participants in the market ecosystem, including system integrators, intermediaries, and end-users. Furthermore, the report emphasizes the competitive landscape of the Global NdFeB Market.
Competitive Landscape
The market analysis incorporates a dedicated section focusing on prominent players in the Global NdFeB Market. In this segment, our analysts offer insights into the financial statements of these key players, highlighting significant developments, product benchmarking, and SWOT analysis. The company profile section encompasses both a comprehensive business overview and pertinent financial information. It's worth noting that the companies featured in this section can be tailored to meet the specific requirements of the client.
Key Advantages of Purchasing this Report:
• Gain access to meticulously compiled, up-to-date statistics from our researchers, offering historical and forecast data that elucidates the upcoming changes in your market.
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• Receive market value data (in USD Billion) for each segment and sub-segment, identifying regions and segments poised for rapid growth and dominance.
• Examine product/service consumption across regions, understanding the factors influencing each market area.
• Explore the competitive landscape, featuring market rankings of major players, recent service/product launches, partnerships, business expansions, and acquisitions over the past five years.
• Access detailed company profiles, encompassing overviews, insights, product benchmarking, and SWOT analyses for key market players.
• Stay informed about the industry's current and future outlook, considering growth opportunities, drivers, challenges, and restraints in both emerging and developed regions.
• Benefit from an in-depth market analysis using Porter’s five forces and Value Chain perspectives.
• Understand market dynamics, growth opportunities, and receive six-month post-sales analyst support.
By Region
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Outline of Chapters
Chapter 1: Introduction
Introduces the statistical scope, market division standards, and research methods of the report.
Chapter 2: Executive Summary
Summarizes market segments (by region, product type, application, etc.), providing insights into market size, future development potential, and an overview of the NdFeB Market in the short, mid-term, and long term.
Chapter 3: Competitive Landscape
Analyzes the market's competitive landscape, presenting market share, capacity, output, pricing, and the latest development plans, mergers, and acquisitions of key manufacturers.
Chapter 4: Industrial Chain Analysis
Examines the entire market industrial chain, including upstream and downstream sectors, along with Porter's five forces analysis.
Chapter 5: Market Dynamics
Highlights the latest market developments, driving and restrictive factors, challenges, risks faced by manufacturers, and an analysis of relevant industry policies.
Chapter 6: Market Segmentation - Product Types
Analyzes various market segments based on product types, providing insights into market size and development potential to identify blue ocean opportunities.
Chapter 7: Market Segmentation - Applications
Analyzes market segments based on applications, covering market size and development potential to identify opportunities in different downstream markets.
Chapter 8: Regional Analysis
Quantitative analysis of market size and development potential for each region and its main countries, introducing market development, future prospects, market space, and capacity worldwide.
Chapter 9: Company Profiles
Details the main companies in the market, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent developments, etc.
Chapter 10: Regional Market Analysis (Next Five Years)
Quantitative analysis of market size and development potential for each region in the next five years.
Chapter 11: Segment Analysis (Next Five Years)
Quantitative analysis of market size and development potential for each market segment (product type and application) in the next five years.
Chapter 12: Conclusion
Summarizes the main points and conclusions drawn from the entire report.
NdFeB Market Scope:
|
Report Data |
NdFeB Market |
|
NdFeB Market Forecast 2024 |
XX million/billion (2024-2030) |
|
NdFeB Market CAGR 2024 - 2030 |
3.90% |
|
NdFeB Market Analysis Period |
2024 - 2030 |
|
NdFeB Market Base Year |
2023 |
|
NdFeB Market Forecast Data |
2024 - 2030 |
|
Segments Covered |
By Type, By Application, And by Regions |
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
|
Key Companies Profiled |
Hitachi Metals, Shin-Etsu, TDK, VAC, Zhong Ke San Huan, Yunsheng Company, YSM, JL MAG, ZHmag, Jingci Material Science, ATandM, NBJJ, Innuovo Magnetics, SGM, Galaxy Magnetic, Zhongyuan Magnetic, Earth- Panda, Magsuper. |
|
Key Segments |
By Type Sintered Nd-Fe-B Magnet By Applications Computer |
|
Report Coverage |
Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the NdFeB Market?
The current market value for NdFeB Market is expected USD XX million/billion by 2023.
What is the CAGR of the Market?
The NdFeB Market is to grow at a CAGR of 3.90% during the forecast by 2030.
What is the Market segment?
On the basis of type, the NdFeB Market is segmented into Sintered Nd-Fe-B Magnet
Bonded Nd-Fe-B Magnets
Hot Pressed NdFeB Magnets.
Who are the key players operating in the NdFeB Market?
The major players operating in the NdFeB Market are Hitachi Metals, Shin-Etsu, TDK, VAC, Zhong Ke San Huan, Yunsheng Company, YSM, JL MAG, ZHmag, Jingci Material Science, ATandM, NBJJ, Innuovo Magnetics, SGM, Galaxy Magnetic, Zhongyuan Magnetic, Earth- Panda, Magsuper.
Base Year:2023
Historical Data:2018-2023
No of Pages:140
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