Rare Earth Magnet for Automotive Market

Micro-motors in automotive parts use a large number of high-performance rare earth permanent magnet materials, including electric power steering (EPS), anti-lock braking system (ABS), automotive oil pumps, ignition coils, etc. The increase in the penetration rate of parts such as EPS and ABS in automobiles continues to increase, and the high-performance NdFeB permanent magnet materials required in the automotive parts field will steadily increase.
Rare Earth Magnet for Automotive Market contains market size and forecasts of Rare Earth Magnet for Automotive in global, including the following market information:
Global Rare Earth Magnet for Automotive Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Rare Earth Magnet for Automotive Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Rare Earth Magnet for Automotive companies in 2021 (%)
The global Rare Earth Magnet for Automotive market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Sintered Rare Earth Magnet Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Rare Earth Magnet for Automotive include Hitachi Metals Group, Shin-Etsu, TDK, VAC, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Company, YSM, JL MAG and ZHmag, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Rare Earth Magnet for Automotive manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Rare Earth Magnet for Automotive Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Rare Earth Magnet for Automotive Market Segment Percentages, by Type, 2021 (%)
Sintered Rare Earth Magnet
Bonded Rare Earth Magnet
Global Rare Earth Magnet for Automotive Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Rare Earth Magnet for Automotive Market Segment Percentages, by Application, 2021 (%)
Drive Motor
Steering Control
Brake Control
Function
Other
Global Rare Earth Magnet for Automotive Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Rare Earth Magnet for Automotive Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Rare Earth Magnet for Automotive revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Rare Earth Magnet for Automotive revenues share in global market, 2021 (%)
Key companies Rare Earth Magnet for Automotive sales in global market, 2017-2022 (Estimated), (MT)
Key companies Rare Earth Magnet for Automotive sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Metals Group
Shin-Etsu
TDK
VAC
Beijing Zhong Ke San Huan Hi-Tech
Yunsheng Company
YSM
JL MAG
ZHmag
Jingci Material Science
AT&M
NBJJ
Innuovo Magnetics
SGM
Galaxy Magnetic
Zhejiang Zhongyuan Magnetic
Earth- Panda
Magsuper
Daido Electronics