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Rare Earth Magnets for Electric Vehicle Market, Global Outlook and Forecast 2023-2030

Rare Earth Magnets for Electric Vehicle Market, Global Outlook and Forecast 2023-2030

  • Published on : 24 November 2023
  • Pages :79
  • Report Code:SMR-7858592

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Report overview

Rare Earth Magnets for Electric Vehicle can be used in Automotive electric power steering system (EPS), new energy vehicle drive motors and some high-end micro motors, etc.
This report aims to provide a comprehensive presentation of the global market for Rare Earth Magnets for Electric Vehicle, 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 Rare Earth Magnets for Electric Vehicle. This report contains market size and forecasts of Rare Earth Magnets for Electric Vehicle in global, including the following market information:
  • Global Rare Earth Magnets for Electric Vehicle Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Rare Earth Magnets for Electric Vehicle Market Sales, 2018-2023, 2024-2030, (Kiloton)
  • Global top five Rare Earth Magnets for Electric Vehicle companies in 2022 (%)
The global Rare Earth Magnets for Electric Vehicle market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Sintered Neodymium Magnet Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Rare Earth Magnets for Electric Vehicle include Hitachi Metals, Shin-Etsu Chemical, TDK, Daido Steel, Beijing Zhong Ke San Huan Hi-Tech, Yunsheng Company, YSM, JL MAG and ZHmag, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Rare Earth Magnets for Electric Vehicle 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 Magnets for Electric Vehicle Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Rare Earth Magnets for Electric Vehicle Market Segment Percentages, by Type, 2022 (%)
  • Sintered Neodymium Magnet
  • Bonded Neodymium Magnet
  • Other
Global Rare Earth Magnets for Electric Vehicle Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Rare Earth Magnets for Electric Vehicle Market Segment Percentages, by Application, 2022 (%)
  • Drive Motor for Automotive
  • EPS
  • ABS
  • Brake control
  • Intake / exhaust system
  • Others
  • Global Rare Earth Magnets for Electric Vehicle Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Rare Earth Magnets for Electric Vehicle Market Segment Percentages, By Region and Country, 2022 (%)
  • 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 Magnets for Electric Vehicle revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Rare Earth Magnets for Electric Vehicle revenues share in global market, 2022 (%)
  • Key companies Rare Earth Magnets for Electric Vehicle sales in global market, 2018-2023 (Estimated), (Kiloton)
  • Key companies Rare Earth Magnets for Electric Vehicle sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Hitachi Metals
  • Shin-Etsu Chemical
  • TDK
  • Daido Steel
  • Beijing Zhong Ke San Huan Hi-Tech
  • Yunsheng Company
  • YSM
  • JL MAG
  • ZHmag
Outline of Major Chapters:
Chapter 1: Introduces the definition of Rare Earth Magnets for Electric Vehicle, market overview.
Chapter 2: Global Rare Earth Magnets for Electric Vehicle market size in revenue and volume.
Chapter 3: Detailed analysis of Rare Earth Magnets for Electric Vehicle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Rare Earth Magnets for Electric Vehicle 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Rare Earth Magnets for Electric Vehicle capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.