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Global Samarium-Cobalt (SmCo) Magnets Market Research Report 2025
Synopsis
A samarium–cobalt (SmCo) magnet, a type of rare earth magnet, is a strong permanent magnet made of an alloy of samarium and cobalt.
The global Samarium-Cobalt (SmCo) Magnets market was valued at US$ 424 million in 2023 and is anticipated to reach US$ 568.9 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
The manufacturing bases of Samarium-Cobalt Magnet concentrated distribution in China, USA and Japan; some of the key players dominating this market are Hitachi Metals Group, Shin-Etsu, HPMG, NGYC, CO-STAR and Tianhe Magnetics.
Samarium-Cobalt Magnet has the largest application proportion in the field of industrial machinery, with a market share of over 40%.
Samarium-Cobalt Magnet has the highest sales volume in the Asia-Pacific region, with a market share close to 85%.
This report aims to provide a comprehensive presentation of the global market for Samarium-Cobalt (SmCo) Magnets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Samarium-Cobalt (SmCo) Magnets.
Report Scope
The Samarium-Cobalt (SmCo) Magnets market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Samarium-Cobalt (SmCo) Magnets market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Samarium-Cobalt (SmCo) Magnets manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Dura Magnetics
Magnetic Component Engineering
Integrated Magnetics
Goudsmit Magnetics
Magnaworks Technology
Arnold Magnetic Technologies
Adams Magnetic Product
Polaris Rare Earth Materials
Bunting Magnetics
Magnetic Specialties
Veekim
Segment by Type
SmCo5
Sm2Co17
Segment by Application
Aerospace
Automotive
Medical
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Samarium-Cobalt (SmCo) Magnets manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Samarium-Cobalt (SmCo) Magnets by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Samarium-Cobalt (SmCo) Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A samarium–cobalt (SmCo) magnet, a type of rare earth magnet, is a strong permanent magnet made of an alloy of samarium and cobalt.
The global Samarium-Cobalt (SmCo) Magnets market was valued at US$ 424 million in 2023 and is anticipated to reach US$ 568.9 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
The manufacturing bases of Samarium-Cobalt Magnet concentrated distribution in China, USA and Japan; some of the key players dominating this market are Hitachi Metals Group, Shin-Etsu, HPMG, NGYC, CO-STAR and Tianhe Magnetics.
Samarium-Cobalt Magnet has the largest application proportion in the field of industrial machinery, with a market share of over 40%.
Samarium-Cobalt Magnet has the highest sales volume in the Asia-Pacific region, with a market share close to 85%.
This report aims to provide a comprehensive presentation of the global market for Samarium-Cobalt (SmCo) Magnets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Samarium-Cobalt (SmCo) Magnets.
Report Scope
The Samarium-Cobalt (SmCo) Magnets market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Samarium-Cobalt (SmCo) Magnets market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Samarium-Cobalt (SmCo) Magnets manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Dura Magnetics
Magnetic Component Engineering
Integrated Magnetics
Goudsmit Magnetics
Magnaworks Technology
Arnold Magnetic Technologies
Adams Magnetic Product
Polaris Rare Earth Materials
Bunting Magnetics
Magnetic Specialties
Veekim
Segment by Type
SmCo5
Sm2Co17
Segment by Application
Aerospace
Automotive
Medical
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Samarium-Cobalt (SmCo) Magnets manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Samarium-Cobalt (SmCo) Magnets by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Samarium-Cobalt (SmCo) Magnets in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Samarium-Cobalt (SmCo) Magnets Market Overview
1.1 Product Definition
1.2 Samarium-Cobalt (SmCo) Magnets Segment by Type
1.2.1 Global Samarium-Cobalt (SmCo) Magnets Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 SmCo5
1.2.3 Sm2Co17
1.3 Samarium-Cobalt (SmCo) Magnets Segment by Application
1.3.1 Global Samarium-Cobalt (SmCo) Magnets Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Aerospace
1.3.3 Automotive
1.3.4 Medical
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Samarium-Cobalt (SmCo) Magnets Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Samarium-Cobalt (SmCo) Magnets Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Samarium-Cobalt (SmCo) Magnets Production Estimates and Forecasts (2019-2030)
1.4.4 Global Samarium-Cobalt (SmCo) Magnets Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Samarium-Cobalt (SmCo) Magnets Production Market Share by Manufacturers (2019-2024)
2.2 Global Samarium-Cobalt (SmCo) Magnets Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Samarium-Cobalt (SmCo) Magnets, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Samarium-Cobalt (SmCo) Magnets Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Samarium-Cobalt (SmCo) Magnets Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Samarium-Cobalt (SmCo) Magnets, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Samarium-Cobalt (SmCo) Magnets, Product Offered and Application
2.8 Global Key Manufacturers of Samarium-Cobalt (SmCo) Magnets, Date of Enter into This Industry
2.9 Samarium-Cobalt (SmCo) Magnets Market Competitive Situation and Trends
2.9.1 Samarium-Cobalt (SmCo) Magnets Market Concentration Rate
2.9.2 Global 5 and 10 Largest Samarium-Cobalt (SmCo) Magnets Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Samarium-Cobalt (SmCo) Magnets Production by Region
3.1 Global Samarium-Cobalt (SmCo) Magnets Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Samarium-Cobalt (SmCo) Magnets Production Value by Region (2019-2030)
3.2.1 Global Samarium-Cobalt (SmCo) Magnets Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Samarium-Cobalt (SmCo) Magnets by Region (2025-2030)
3.3 Global Samarium-Cobalt (SmCo) Magnets Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Samarium-Cobalt (SmCo) Magnets Production by Region (2019-2030)
3.4.1 Global Samarium-Cobalt (SmCo) Magnets Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Samarium-Cobalt (SmCo) Magnets by Region (2025-2030)
3.5 Global Samarium-Cobalt (SmCo) Magnets Market Price Analysis by Region (2019-2024)
3.6 Global Samarium-Cobalt (SmCo) Magnets Production and Value, Year-over-Year Growth
3.6.1 North America Samarium-Cobalt (SmCo) Magnets Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Samarium-Cobalt (SmCo) Magnets Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Samarium-Cobalt (SmCo) Magnets Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Samarium-Cobalt (SmCo) Magnets Production Value Estimates and Forecasts (2019-2030)
4 Samarium-Cobalt (SmCo) Magnets Consumption by Region
4.1 Global Samarium-Cobalt (SmCo) Magnets Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Samarium-Cobalt (SmCo) Magnets Consumption by Region (2019-2030)
4.2.1 Global Samarium-Cobalt (SmCo) Magnets Consumption by Region (2019-2024)
4.2.2 Global Samarium-Cobalt (SmCo) Magnets Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Samarium-Cobalt (SmCo) Magnets Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Samarium-Cobalt (SmCo) Magnets Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Samarium-Cobalt (SmCo) Magnets Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Samarium-Cobalt (SmCo) Magnets Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Samarium-Cobalt (SmCo) Magnets Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Samarium-Cobalt (SmCo) Magnets Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Samarium-Cobalt (SmCo) Magnets Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Samarium-Cobalt (SmCo) Magnets Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Samarium-Cobalt (SmCo) Magnets Production by Type (2019-2030)
5.1.1 Global Samarium-Cobalt (SmCo) Magnets Production by Type (2019-2024)
5.1.2 Global Samarium-Cobalt (SmCo) Magnets Production by Type (2025-2030)
5.1.3 Global Samarium-Cobalt (SmCo) Magnets Production Market Share by Type (2019-2030)
5.2 Global Samarium-Cobalt (SmCo) Magnets Production Value by Type (2019-2030)
5.2.1 Global Samarium-Cobalt (SmCo) Magnets Production Value by Type (2019-2024)
5.2.2 Global Samarium-Cobalt (SmCo) Magnets Production Value by Type (2025-2030)
5.2.3 Global Samarium-Cobalt (SmCo) Magnets Production Value Market Share by Type (2019-2030)
5.3 Global Samarium-Cobalt (SmCo) Magnets Price by Type (2019-2030)
6 Segment by Application
6.1 Global Samarium-Cobalt (SmCo) Magnets Production by Application (2019-2030)
6.1.1 Global Samarium-Cobalt (SmCo) Magnets Production by Application (2019-2024)
6.1.2 Global Samarium-Cobalt (SmCo) Magnets Production by Application (2025-2030)
6.1.3 Global Samarium-Cobalt (SmCo) Magnets Production Market Share by Application (2019-2030)
6.2 Global Samarium-Cobalt (SmCo) Magnets Production Value by Application (2019-2030)
6.2.1 Global Samarium-Cobalt (SmCo) Magnets Production Value by Application (2019-2024)
6.2.2 Global Samarium-Cobalt (SmCo) Magnets Production Value by Application (2025-2030)
6.2.3 Global Samarium-Cobalt (SmCo) Magnets Production Value Market Share by Application (2019-2030)
6.3 Global Samarium-Cobalt (SmCo) Magnets Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Dura Magnetics
7.1.1 Dura Magnetics Samarium-Cobalt (SmCo) Magnets Corporation Information
7.1.2 Dura Magnetics Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.1.3 Dura Magnetics Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Dura Magnetics Main Business and Markets Served
7.1.5 Dura Magnetics Recent Developments/Updates
7.2 Magnetic Component Engineering
7.2.1 Magnetic Component Engineering Samarium-Cobalt (SmCo) Magnets Corporation Information
7.2.2 Magnetic Component Engineering Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.2.3 Magnetic Component Engineering Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Magnetic Component Engineering Main Business and Markets Served
7.2.5 Magnetic Component Engineering Recent Developments/Updates
7.3 Integrated Magnetics
7.3.1 Integrated Magnetics Samarium-Cobalt (SmCo) Magnets Corporation Information
7.3.2 Integrated Magnetics Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.3.3 Integrated Magnetics Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Integrated Magnetics Main Business and Markets Served
7.3.5 Integrated Magnetics Recent Developments/Updates
7.4 Goudsmit Magnetics
7.4.1 Goudsmit Magnetics Samarium-Cobalt (SmCo) Magnets Corporation Information
7.4.2 Goudsmit Magnetics Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.4.3 Goudsmit Magnetics Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Goudsmit Magnetics Main Business and Markets Served
7.4.5 Goudsmit Magnetics Recent Developments/Updates
7.5 Magnaworks Technology
7.5.1 Magnaworks Technology Samarium-Cobalt (SmCo) Magnets Corporation Information
7.5.2 Magnaworks Technology Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.5.3 Magnaworks Technology Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Magnaworks Technology Main Business and Markets Served
7.5.5 Magnaworks Technology Recent Developments/Updates
7.6 Arnold Magnetic Technologies
7.6.1 Arnold Magnetic Technologies Samarium-Cobalt (SmCo) Magnets Corporation Information
7.6.2 Arnold Magnetic Technologies Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.6.3 Arnold Magnetic Technologies Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Arnold Magnetic Technologies Main Business and Markets Served
7.6.5 Arnold Magnetic Technologies Recent Developments/Updates
7.7 Adams Magnetic Product
7.7.1 Adams Magnetic Product Samarium-Cobalt (SmCo) Magnets Corporation Information
7.7.2 Adams Magnetic Product Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.7.3 Adams Magnetic Product Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Adams Magnetic Product Main Business and Markets Served
7.7.5 Adams Magnetic Product Recent Developments/Updates
7.8 Polaris Rare Earth Materials
7.8.1 Polaris Rare Earth Materials Samarium-Cobalt (SmCo) Magnets Corporation Information
7.8.2 Polaris Rare Earth Materials Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.8.3 Polaris Rare Earth Materials Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Polaris Rare Earth Materials Main Business and Markets Served
7.7.5 Polaris Rare Earth Materials Recent Developments/Updates
7.9 Bunting Magnetics
7.9.1 Bunting Magnetics Samarium-Cobalt (SmCo) Magnets Corporation Information
7.9.2 Bunting Magnetics Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.9.3 Bunting Magnetics Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Bunting Magnetics Main Business and Markets Served
7.9.5 Bunting Magnetics Recent Developments/Updates
7.10 Magnetic Specialties
7.10.1 Magnetic Specialties Samarium-Cobalt (SmCo) Magnets Corporation Information
7.10.2 Magnetic Specialties Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.10.3 Magnetic Specialties Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Magnetic Specialties Main Business and Markets Served
7.10.5 Magnetic Specialties Recent Developments/Updates
7.11 Veekim
7.11.1 Veekim Samarium-Cobalt (SmCo) Magnets Corporation Information
7.11.2 Veekim Samarium-Cobalt (SmCo) Magnets Product Portfolio
7.11.3 Veekim Samarium-Cobalt (SmCo) Magnets Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Veekim Main Business and Markets Served
7.11.5 Veekim Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Samarium-Cobalt (SmCo) Magnets Industry Chain Analysis
8.2 Samarium-Cobalt (SmCo) Magnets Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Samarium-Cobalt (SmCo) Magnets Production Mode & Process
8.4 Samarium-Cobalt (SmCo) Magnets Sales and Marketing
8.4.1 Samarium-Cobalt (SmCo) Magnets Sales Channels
8.4.2 Samarium-Cobalt (SmCo) Magnets Distributors
8.5 Samarium-Cobalt (SmCo) Magnets Customers
9 Samarium-Cobalt (SmCo) Magnets Market Dynamics
9.1 Samarium-Cobalt (SmCo) Magnets Industry Trends
9.2 Samarium-Cobalt (SmCo) Magnets Market Drivers
9.3 Samarium-Cobalt (SmCo) Magnets Market Challenges
9.4 Samarium-Cobalt (SmCo) Magnets Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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