Report

global permanent rare earth magnet market 2015 2022

Permanent Rare Earth Magnets Market, By Types (Neodymium Magnets and Samarium Magnets), By Application (Industrial, Consumer Electronics, Home Appliances, Automotive, Wind Turbines and others) and Geography – Drivers, Opportunities, Trends, and Forecasts up to 2022

pages Pages: 142
tables Tables: 83
charts Charts: 62
country Regions/Countries: 4/9
compaines Companies: 11
enqhours Enquiry Hours: 10
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Overview

Permanent magnets are those which retain their magnetic properties even in the absence of an inductive field. Permanent rare earth magnets are the strongest available magnets and are broadly based on two rare earth elements – neodymium and samarium. The rare earth here is a misnomer and these elements are abundantly available in the earth crust. However, due to the difficulty of extraction and high-cost involved in the refining and purification process, these metals are costly. Thus, the application areas for permanent rare earth magnets is limited.

Research Methodology

The permanent rare earth magnets market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology, wherein our industry experts and panel of primary participants helped in compiling the best quality with realistic parametric estimations. Further, the participation share of different categories of primary participants is given below:

Permanent Rare Earth Magnets market

Key Market Insights

According to Infoholic Research, the global permanent rare earth magnets market is expected to grow at a CAGR of 13.2% during the forecast period to reach $41.41 billion by 2022. Industrial applications segment is expected to maintain global dominance in application segments, whereas China and Japan drive the Asia Pacific market which is expected to increase its dominance in global permanent rare earth magnets market.

The global supply of rare earth metals is expected to remain stable after WTO intervention and international agreements providing opportunities for sustainable market growth. The international players are also looking for other ways to reduce the dependencies, such as options of heavy rare earth free magnets, but the overall market is expected to remain stable in terms of price during the forecast period.

Geographical segmentation

The market is segmented by the following key geographies – Asia-Pacific, Europe, North America and Rest of the World.

China is the global leader in rare earth oxide supply covering more than 90% of the global market. This has translated to China’s dominance in rare earth magnets market. After China, Japan is the major market for rare earth magnets. Although a significant portion of products end-up being utilized in the developed countries of the US and Western Europe; these products are largely sourced from developing countries in South Asian region. The increasing demand for efficient products across diverse industries will drive the demand for rare earth magnets with highest expected growth rate from wind turbine market.

Neodymium Magnets and Samarium Magnets are the two magnet types studied in the report.

The market is studied and analyzed in terms of the following application industries – Industrial, Consumer Electronics, Home Appliances, Automotive, Wind Turbines and Others.

 

Some of the prominent players in the global permanent rare earth magnets market are Hitachi Metals, Vacuumschmelze GmBH & Co. KG, Shin-Etsu Rare Earth Magnet and TDK. The report includes watchlist companies such as Vacuumschmelze Inc.,  Seimens AG and Toyota.

Current and predicted business strategies for the leading companies of the market.

The report includes a detailed competitive benchmarking of the leading industry players based on metrics such as company profile, financial health, business objectives, business strategy and SWOT analysis.

The study of the global permanent rare earth magnets market provides the market size information and market trends along with the factors and parameters impacting it in both short and long-term perspective. The study also covers the competitive scenario of the market with respect to the raw material availability, major players with their branding strategies and differentiating factors. The report discusses Samarium and Neodymium magnet uses.

The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans, strategize and make informed decisions for future growth of the business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.
1      Report Outline  

1.1        Introduction

1.2        Report Scope

1.3        Market Definitions

1.4        Research Methodology

1.4.1     Data Collation & In-House Estimation

1.4.2     Market Triangulation

1.4.3     Forecasting

1.5        Study Declarations

1.6        Report Assumptions

1.7        Stakeholders

2     Executive Summary

2.1        China is expected to further increase its dominance with extension to application markets

2.2        Wind turbine would lead the rare earth magnet demand growth while Industrial motor would maintain lead contribution position

3     Market Positioning

3.1        Total Addressable Market (TAM): Permanent Magnets

3.1.1     Market Overview

3.1.2     Major Trends

3.2        Segmented Addressable Market (SAM)

3.3        Related Markets

4     Market Outlook  

4.1        Overview

4.2        Value Chain Analysis

4.3        PESTLE Analysis

4.4        Porter 5 (Five) Forces

4.5        Patent Analysis

5     Market Characteristics 

5.1        Market Segmentation

5.2        Market Dynamics

5.2.1     Drivers

5.2.1.1    Increasing demand for efficiency and performance with smaller volume

5.2.1.2    Decreased Chinese Supply Control

5.2.2     Restraints

5.2.2.1    Illegal Mining in China Distorting Level Playing Field

5.2.2.2    Price Fluctuation Due to Controlled Supply and Political Issues

5.2.3     Opportunities

5.2.3.1    High Growth in EV/HEV and Wind Turbines

5.2.3.2    Innovation Reducing Dependencies on Heavier Rare Earths

5.2.4     DRO – Impact Analysis

6     Types: Market Size & Analysis 

6.1        Overview

6.2        Neodymium Permanent Magnets

6.3        Samarium-Cobalt Magnets

6.4        Vendor Profiles

6.4.1     Hitachi Metals, Ltd.

6.4.2     Neo Performance Materials

6.4.3     Shin-Etsu Chemical Co., Ltd.

6.4.4     Sumitomo Metal Mining Co., Ltd.

6.4.5     TDK

6.4.6     Vaccumschmelze GmbH & Co. KG (VAC)

(Overview, Business Unit, Geographic Revenue, Recent Developments, SWOT Analysis, Business Strategy have been covered for all vendors)

7     Applications: Market Size & Analysis 

7.1        Overview

7.2        Industrial Applications

7.3        Consumer Electronics Applications

7.4        Home Appliances Applications

7.5        Automotive Applications

7.6        Wind Turbines Applications

7.7        Customer Profile

7.7.1     Ford Motor Company

7.7.2     Honda Motor Co., Ltd.

7.7.3     Hyundai Motor Company

7.7.4     Siemens

7.7.5     Toyota Motor Company

(Overview, Business Unit, Geographic Revenue, Recent Developments, SWOT Analysis, Business Strategy have been covered for all vendors)

8     Regions: Market Size & Analysis 

8.1        Overview

8.2        Asia-Pacific

8.2.1     Asia-Pacific Market, By Countries

8.2.2     Asia-Pacific Market, By Type

8.2.3     Asia-Pacific Market, By Application

8.3        Europe

8.3.1     Europe Market, By Countries

8.3.2     Europe Market, By Type

8.3.3     Europe Market, By Application

8.4        North America

8.4.1     North America Market, By Countries

8.4.2     North America Market, By Type

8.4.3     North America Market, By Application

8.5        Rest of the World

8.5.1     Rest of the World Market, By Regions

8.5.2     Rest of the World Market, By Type

8.5.3     Rest of the World Market, By Application

9     Companies to Watch for 

9.1        Vacuumschmelze Inc

9.2        Seimens AG

9.3        Toyota

10   Competitive Landscape  

10.1     Competitor Comparison Analysis

10.2     Market Landscape

10.2.1  Mergers, acquisitions & joint ventures

10.2.2  Agreements & Collaborations

10.2.3  Expansion

10.2.4  Exhibition & product launch

10.2.5  Innovation & product development

10.2.6  Legal 141

10.2.7  Restructuring & Repositioning

10.2.8  Divestment & divestiture

11   Expert’s Views 

Annexure

Acronyms

 

Research Framework

Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting
Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources

Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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Permanent Rare Earth Magnets Market, By Types (Neodymium Magnets and Samarium Magnets), By Application (Industrial, Consumer Electronics, Home Appliances, Automotive, Wind Turbines and others) and Geography – Drivers, Opportunities, Trends, and Forecasts up to 2022
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