Exceptional High-Temperature Performance of SMCO Magnets is Expected to Drive the Market

SmCo magnets deliver stable and reliable magnetic properties at temperatures reaching ~300–350°C, outperforming many other magnet types in extreme thermal conditions. This makes them essential for high-temperature motors, advanced aerospace systems, defense technologies, and heavy industrial machinery that operate under intense heat. Their consistent efficiency and durability in such demanding environments significantly enhance their appeal across multiple end-use industries, acting as a strong driver for the global samarium cobalt magnets market.

Low-iron SmCo formulations offer exceptional resistance to oxidation and demagnetization, ensuring long operational life even in harsh, chemical, or moisture-rich environments. Their ability to maintain stable magnetic performance under corrosive conditions enhances reliability across aerospace, defense, automotive, and industrial applications. This robust durability strengthens product preference, acting as a strong driver for the global samarium cobalt magnets market.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-samarium-cobalt-magnets-market

Data Bridge market research analyzes that the Global Samarium Cobalt Magnets Market is expected to reach USD 753.35 million by 2033 from USD 485.96 million in 2025, growing with a CAGR of 5.8% in the forecast period of 2026 to 2033.

Key Findings of the Study

Miniaturization and High Energy Density Requirements

Samarium cobalt magnets enable the production of smaller, lighter magnetic components without compromising performance, making them ideal for precision motors, sensors, and compact actuators. Their high energy density supports advanced, space-efficient designs in automotive, aerospace, electronics, and industrial applications, driving adoption and acting as a significant driver for the global samarium cobalt magnets market.

Report Scope and Market Segmentation

Segment Analysis

The global samarium cobalt magnets market is segmented into ten notable segments based on the type, grade, shape, remanence (BR), operating temperature, magnetization, coating, time horizon, application, and sales channel.

• On the basis of type, the global samarium cobalt magnets market is segmented into Sm2Co17 (2:17 Group) and Sm1Co5 (1:5 Group)

In 2026, the Sm2Co17 (2:17 Group) segment is expected to dominate the global samarium cobalt magnets market

In 2026, the Sm₂Co₁₇ (2:17 Group) segment is expected to dominate the market with a 68.52% market share due to its superior magnetic strength, higher energy product, and better thermal stability compared to SmCo₅, making it highly suitable for high-temperature and high-performance applications such as aerospace, defense systems, electric motors, and industrial machinery.

• On the basis of grade, the global samarium cobalt magnets market is segmented into standard, high-temperature grade, high-energy grade, high-coercivity grade, low-temperature grade, and others.

In 2026, the standard segment is expected to dominate the global samarium cobalt magnets market

In 2026, the standard segment is expected to dominate the market with a 38.71% market share due to its balanced combination of cost-effectiveness, reliable magnetic performance, and wide applicability across automotive, industrial machinery, electronics, and energy applications, making it the preferred choice for high-volume and general-purpose use.

• On the basis of Shape, the global samarium cobalt magnets market is segmented into arcs/segments, rings, blocks, discs, cylinders/rods, custom, powders, and others. In 2026, the arcs segment is expected to dominate the market with a 25.82% market share
• On the basis of Remanence (BR), the global samarium cobalt magnets market is segmented into 10–11 kg, 9–10 kg, up to 9 kg, and above 11 kg. In 2026, the 10–11 kg segment is expected to dominate the market with a 41.20% market share
• On the basis of operating temperature, the global samarium cobalt magnets market is segmented into 100–250 °C, 250–350 °C, Up to 100 °C, and above 350 °C. In 2026, the 100–250 °C segment is expected to dominate the market with a 42.16% market share
• On the basis of magnetization, the global samarium cobalt magnets market is segmented into axially magnetized, diametrically magnetized, multi-pole, and radially magnetized. In 2026, the axially magnetized segment is expected to dominate the market with a 56.06% market share
• On the basis of coating, the global samarium cobalt magnets market is segmented into nickel plating, epoxy coating, polymer over moulding, electroless plating, passivation / chemical treatments, and others. In 2026, the nickel-plating segment is expected to dominate the market with a 43.91% market share
• On the basis of time horizon, the global samarium cobalt magnets market is segmented into 8–15 years, above 15 years, 4–7 years, and 1–3 years. In 2026, the 8–15 years segment is expected to dominate the market with a 39.18% market share
• On the basis of application, the global samarium cobalt magnets market has been segmented into aerospace & defense, industrial manufacturing, energy & power generation, oil & gas/mining, automotive, marine, healthcare & medical devices, consumer electronics, research institutions, and others. In 2026, the aerospace & defense segment is expected to dominate the market with a 28.39% market share
• On the basis of sales channel, the global samarium cobalt magnets market is segmented into Direct (OEM) and aftermarket. In 2026, the Direct (OEM) segment is expected to dominate the market with a 77.63% market share

Major Players

Data Bridge Market Research Analyses Ningbo Mag Spring Magnetics Ltd. (China), Arnold Magnetic Technologies (United States), Electron Energy Corporation (United States), Hangzhou Permanent Magnet Group Co., Ltd. (China), VACUUMSCHMELZE GmbH & Co. KG (Germany) as the major players operating in the market.

Market Developments

• In December 2025, Aclara Resources and VAC strengthened their partnership by expanding their collaboration from mining to magnet production. Through this agreement, Aclara will supply sustainably produced rare-earth materials, while VAC will use them to manufacture high-performance magnets. This collaboration helps both companies secure a stable supply chain, reduce dependence on imports, and support growing demand from industries such as electric vehicles, wind energy, and advanced electronics.
• In July 2025, VACUUMSCHMELZE (VAC) joined the UK Government-backed CirculaREEconomy project, a flagship initiative aimed at building a local, sustainable supply chain for rare-earth permanent magnets. Under this collaboration, VAC will work with partners including Ionic Technologies, European Metal Recycling, Less Common Metals and major OEMs to produce high-performance magnets and support a closed-loop recycling model that recovers critical rare earths from end-of-life products.
• In September 2025, Arnold Magnetic Technologies revealed a major strategic investment initiative aimed at securing long-term supply of rare-earth materials and significantly expanding its production capacity for high-performance magnets. Over the past five years, the company has invested over US 50 million in facility upgrades, manufacturing-technology improvements, and capacity expansion — part of a broader plan to reinforce supply-chain resilience and meet rising global demand.
• In July 2024, Electron Energy Corporation has joined Magnetic Holdings, the parent company of Dexter Magnetic Technologies and Magnetic Component Engineering. The partnership unites leading magnet manufacturers, enhancing technical capabilities, supply-chain strength, and high-performance magnet solutions for aerospace, defense, medical, energy, and industrial markets. Backed by Tinicum’s capital, the collaboration supports long-term growth, advanced engineering, and expanded opportunities for employees and customers.
• In May, 2023, ANHUI ASTROMAGNET announced a strategic expansion into European and North American markets to strengthen its international footprint. This initiative targets increasing overseas sales and establishing new distribution channels in response to growing demand for high-performance magnetic components in electric vehicles and advanced electronics. The company is also investing in R&D centers focused on next-generation magnetic materials, reinforcing its commitment to innovation and positioning itself as a global leader in the magnetics industry.

Geographical Analyses

Geographically, the countries covered in the global samarium cobalt magnets market report China, Japan, South Korea, India, Taiwan, Australia, Singapore, Malaysia, Thailand, Vietnam, Indonesia, Philippines, Hong Kong, New Zealand, Rest of Asia-Pacific, U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Sweden, Poland, Turkey, Netherlands, Portugal, Switzerland, Belgium, Finland, Denmark, Norway, Rest of Europe, Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Ecuador, Uruguay, Bolivia, Paraguay, Rest of South America, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Qatar, Kuwait, Oman, Bahrain, Rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominating and fastest growing region in global samarium cobalt magnets market

Asia-Pacific is the dominating and fastest-growing region in the global samarium cobalt magnets market. The region dominates due to its concentrated raw material base, large-scale manufacturing capacity, and strong downstream demand from automotive, electronics, and renewable energy industries. Additionally, it is the fastest-growing market because of rapid industrialization, expanding electric vehicle production, increasing investments in wind energy and aerospace applications, supportive government policies, and continuous capacity expansion by regional manufacturers, which collectively accelerate adoption and production of samarium cobalt magnets.

For more detailed information about the Global Samarium Cobalt Magnets Market report, click here – https://www.databridgemarketresearch.com/reports/global-samarium-cobalt-magnets-market