SmFeN magnet, also known as Samarium Iron Nitride magnets, are a type of rare-earth permanent magnet known for their strong magnetic properties. They are part of the rare-earth magnet family, which includes neodymium magnets as well. SmFeN compound is a thermodynamically metastable structure and begins to decompose above 600°C. Therefore, the traditional sintering process cannot be used to manufacture magnets, but this alloy powder can be used to make bonded magnets.

The global SmFeN Bonded Magnets market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

ReportPrime's newest research report, the “SmFeN Bonded Magnets Industry Forecast” looks at past sales and reviews total world SmFeN Bonded Magnets sales in 2023, providing a comprehensive analysis by region and market sector of projected SmFeN Bonded Magnets sales for 2024 through 2030. With SmFeN Bonded Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SmFeN Bonded Magnets industry.

This Insight Report provides a comprehensive analysis of the global SmFeN Bonded Magnets landscape and highlights key trends related to:

• Product segmentation
• Company formation
• Revenue
• Market share
• Latest developments
• M&A activity

This report also analyzes the strategies of leading global companies with a focus on SmFeN Bonded Magnets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SmFeN Bonded Magnets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SmFeN Bonded Magnets and breaks down the forecast by:

1. Type
2. Application
3. Geography
4. 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 SmFeN Bonded Magnets.

The United States market for SmFeN Bonded Magnets is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

The China market for SmFeN Bonded Magnets is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

The Europe market for SmFeN Bonded Magnets is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key SmFeN Bonded Magnets players cover:

• Daido Electronics
• Sumitomo Metal Mining
• Nichia Corporation
• Grirem New Materials
• Ningxia Magvalley Novel Materials Technology

In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of SmFeN Bonded Magnets market by:

• Product type
• Application
• Key manufacturers
• Key regions and countries

Segmentation by Type:

• Isotropic
• Anisotropic

Segmentation by Application:

• Consumer Electronics
• Consumer Goods
• Automotive
• 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:

• Daido Electronics
• Sumitomo Metal Mining
• Nichia Corporation
• Grirem New Materials
• Ningxia Magvalley Novel Materials Technology

Key Questions Addressed in this Report:

1. What is the 10-year outlook for the global SmFeN Bonded Magnets market?
2. What factors are driving SmFeN Bonded Magnets market growth, globally and by region?
3. Which technologies are poised for the fastest growth by market and region?
4. How do SmFeN Bonded Magnets market opportunities vary by end market size?
5. How does SmFeN Bonded Magnets break out by Type, by Application?