The global SmFeN Magnets market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global SmFeN Magnets market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global SmFeN Magnets Market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global SmFeN Magnets market. We have also focused on SWOT, PESTLE, and Porter’s Five Forces analyses of the global SmFeN Magnets market.
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SmFeN magnet is an anisotropic magnet that is injection-molded in an orientation magnetic field after mixing and granulating SmFeN magnetic powder and engineering plastic PA12. SmFeN material does not contain metal Co and other heavy rare earth elements, and its cost performance is better than that of NdFeB magnets. Its oxidation resistance and corrosion resistance are better than NdFeB, which is 2~3 times that of similar NdFeB materials. Products are mainly used in sensors, motors, etc.
The global SmFeN Magnets revenue was US$ 43 million in 2022 and is forecast to a readjusted size of US$ 54 million by 2029 with a CAGR of 3.5% during the forecast period (2023-2029).
In India, the SmFeN Magnets revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global key players of SmFeN magnets include Daido Electronics, Sumitomo Metal Mining, Nichia Corporation, etc. The top three players hold a share over 95%.
Aisa is the largest market, has a share about 84%, followed by Europe, and North America, with share 7% and 5%, separately.
This report focuses on global and India SmFeN Magnets market, also covers the segmentation data of other regions in regional level and county level.
India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India’s rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India’s economic stability.
India is a market full of opportunities, and the demand for SmFeN Magnets will continue to grow rapidly in the future.
Global SmFeN Magnets Scope and Market Size
SmFeN Magnets market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global SmFeN Magnets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.
For India market, this report focuses on the SmFeN Magnets market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.
By Company
Daido Electronics
Sumitomo Metal Mining
Nichia Corporation
Segment by Type
Isotropic SmFeN Magnets
Anisotropic SmFeN Magnets
Segment by Application
Consumer Electronics
Consumer Goods
Automobile
Others
By Region
Americas
United States
Canada
Mexico
Brazil
China
APAC (excluding China)
Japan
South Korea
China Taiwan
ASEAN
India
EMEA
Europe
Middle East
Africa
Chapter Introduction
Chapter 1: Introduces SmFeN Magnets definition, global sales (volume and revenue), India market size, India percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by type, covering the volume, price, revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the revenue, price, volume, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of SmFeN Magnets companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue and volume of SmFeN Magnets in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 6: Americas by type, by application and by country, sales, and revenue for each segment.
Chapter 7: EMEA by type, by application and by region, sales, and revenue for each segment.
Chapter 8: China by type, by application, sales, and revenue for each segment.
Chapter 9: APAC (excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, SmFeN Magnets sales, revenue, gross margin, and recent development, etc.
Chapter 11: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 12: Research findings and conclusion
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