Bonded Nd-Fe-B Magnets Market
Bonded Nd-Fe-B Magnets Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Bonded Nd-Fe-B Magnets Market Size and Growth
The Bonded Nd-Fe-B magnets market is experiencing growth driven by increased demand in electronics and renewable energy sectors. As of 2023, the market size is estimated to reach approximately $1.2 billion, with a projected CAGR of 6% through 2030, reflecting advancements in manufacturing techniques and applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ Galaxy Magnets
◍ MS-Schramberg
◍ IMA
◍ Zhong Ke San Huan Hi-Tech
◍ TDK
◍ Daido Electronics
◍ Sen Long Corporation
◍ Arnold Magnetic Technologies
◍ Ningbo Yunsheng
◍ DMEGC
◍ Jiangmen Magsource New Material
◍ AT & M
The Bonded Nd-Fe-B Magnets Market features key players like Galaxy Magnets, MS-Schramberg, and IMA, focusing on innovative applications in automotive and electronics. Their advancements enhance product performance and reduce costs, driving market growth.
Notable sales figures include TDK with approximately $10.7 billion, Arnold Magnetic Technologies at $300 million, and Ningbo Yunsheng around $900 million. Request Sample Report
Market Segmentation
By Application
◍ Automotive
◍ Electrical & Electronics
◍ Home Appliance
◍ Medical & Healthcare Devices ◍ Others
By Product
◍ Injected Magnets ◍ Pressed Magnets
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Market Growth
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$ X Billion USD
