North America Samarium Cobalt Magnets Market to 2032

Overview

The North America Samarium Cobalt Magnets Market is expected to reach a 147.97 USD Million by 2032 and is projected to grow at a CAGR of 4.77% from 2025 to 2032.

Revenue, 2024 (USD Million)
97.76
Forecast, 2032 (USD Million)
147.97
CAGR, 2024 - 2032
4.77%
Report Coverage
North America

North America Samarium Cobalt Magnets Market 2018-2032 USD Million

North America Samarium Cobalt Magnets Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 97.76 USD Million
  • Projected Market Size (2032): 147.97 USD Million
  • CAGR (2025-2032): 4.77%

Key Findings of North America Samarium Cobalt Magnets Market

  • The North America Samarium Cobalt Magnets Market was valued at 97.76 USD Million in 2024.
  • The North America Samarium Cobalt Magnets Market is likely to grow at a CAGR of 4.77% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Direct (OEM) in Sales Channel Segment accounted for the largest share of the market with a revenue of 76.02 USD Million
  • The fastest growing segment Rings in Shape Segment grew Fastest with a CAGR of 5.61% during the forecast period from 2024 to 2032.

North America Samarium Cobalt Magnets Market Scope

North America Samarium Cobalt Magnets Market Segmentation & Scope
Type
  • Sm1Co5 (1:5 Group)
  • Sm2Co17 (2:17 Group)
Application
  • Others
  • Research Institutions
  • Consumer Electronics
  • Marine
  • Healthcare & Medical Devices
  • Automotive
  • Oil & Gas / Mining
  • Energy & Power Generation
  • Industrial Manufacturing
  • Aerospace & Defense
Sales Channel
  • Aftermarket
  • Direct (OEM)
Remanence (BR)
  • Above 11 kg
  • Up to 9 kg
  • 9–10 kg
  • 10–11 kg
Operating Temperature
  • Above 350 °C
  • Up to 100 °C
  • 250–350 °C
  • 100–250 °C
Magnetization
  • Radially Magnetized
  • Multi-pole
  • Diametrically Magnetized
  • Axially Magnetized
Shape
  • Others
  • Powders
  • Custom
  • Cylinders / Rods
  • Discs
  • Blocks
  • Rings
  • Arcs / Segments
Grade
  • Others
  • Low-Temperature Grade
  • High-Coercivity Grade
  • High-Energy Grade
  • High-Temperature Grade
  • Standard
Coating
  • Others
  • Passivation / Chemical Treatments
  • Electroless Plating
  • Polymer Overmoulding
  • Epoxy Coating
  • Nickel Plating
Time Horizon
  • 1–3 Years
  • 4–7 Years
  • Above 15 Years
  • 8–15 Years

North America Samarium Cobalt Magnets Market Data Coverage Insights

Study Period 2024-2032
Base Year 2025
Unit Revenue in USD Million
Market Value in 2024 97.76 USD Million
Market Value in 2032 147.97 USD Million
CAGR (2025-2032) 4.77%
Historic Data 2016-2023
Market Segments Covered Type,Application,Sales Channel,Remanence (BR),Operating Temperature,Magnetization,Shape,Grade,Coating,Time Horizon

Regional Insights:

  • Leading Market (2024-2032): North America, leading in terms of revenue 97.76 USD Million in 2024
    • Key Country: U.S., leading in terms of revenue with value of 80.00 USD Million in 2024.

Segments and Scope

  • North America Samarium Cobalt Magnets Market to 2032, By Type
    • Sm2Co17 (2:17 Group) is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 67.83 USD Million in the year 2024.
    • Sm2Co17 (2:17 Group) is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.83 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Application
    • Aerospace & Defense is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 26.90 USD Million in the year 2024.
    • Automotive is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.95 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Sales Channel
    • Direct (OEM) is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 76.02 USD Million in the year 2024.
    • Direct (OEM) is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.85 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Remanence (BR)
    • 10–11 kg is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 40.19 USD Million in the year 2024.
    • Above 11 kg is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.91 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Operating Temperature
    • 100–250 °C is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 42.64 USD Million in the year 2024.
    • Above 350 °C is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.73 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Magnetization
    • Axially Magnetized is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 54.31 USD Million in the year 2024.
    • Multi-pole is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.83 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Shape
    • Arcs / Segments is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 25.44 USD Million in the year 2024.
    • Rings is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 3.58 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Grade
    • Standard is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 38.12 USD Million in the year 2024.
    • High-Energy Grade is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 5.00 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Coating
    • Nickel Plating is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 43.00 USD Million in the year 2024.
    • Epoxy Coating is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.80 % in forecast period 2025-2032.
  • North America Samarium Cobalt Magnets Market to 2032, By Time Horizon
    • 8–15 Years is the largest segment in North America Samarium Cobalt Magnets Market to 2032 with a revenue of 38.09 USD Million in the year 2024.
    • Above 15 Years is the Fastest growing segment in North America Samarium Cobalt Magnets Market to 2032 with a Growth rate of 4.89 % in forecast period 2025-2032.

North America Samarium Cobalt Magnets Market Company Share Analysis

 
Company Name Company Share Analysis
Arnold Magnetic Technologies
VACUUMSCHMELZE GmbH & Co. KG
Hangzhou Permanent Magnet Group Co., Ltd
Dongguan Yongli Magnetics Co., Ltd,
Electron Energy Corporation
North America Samarium Cobalt Magnets Market Company Share Analysis

North America Samarium Cobalt Magnets Market Geographical Sales Distribution, 2018-2032 USD Million

North America Samarium Cobalt Magnets Market Geographical Sales Distribution, 2018-2032 USD Million

North America Samarium Cobalt Magnets Market Company Profiling

North America Samarium Cobalt Magnets Market Company Profiling
Frequently Asked Questions
The North America Samarium Cobalt Magnets Market is segmented based on Segmentation Type,Application,Sales Channel,Remanence (BR),Operating Temperature,Magnetization,Shape,Grade,Coating,Time Horizon.
North America Samarium Cobalt Magnets Market was valued at USD 97.76(Revenue in USD Million) in 2025.
North America Samarium Cobalt Magnets Market is projected to grow at a CAGR of 4.77% during the forecast period of 2024 to 2032.
The Direct (OEM) segment is expected to dominate the North America Samarium Cobalt Magnets Market, holding a largest market share of 76.02 USD Million in 2024

North America Samarium Cobalt Magnets Market Scope

North America Samarium Cobalt Magnets Market Segmentation & Scope
Type
  • Sm1Co5 (1:5 Group)
  • Sm2Co17 (2:17 Group)
Application
  • Others
  • Research Institutions
  • Consumer Electronics
  • Marine
  • Healthcare & Medical Devices
  • Automotive
  • Oil & Gas / Mining
  • Energy & Power Generation
  • Industrial Manufacturing
  • Aerospace & Defense
Sales Channel
  • Aftermarket
  • Direct (OEM)
Remanence (BR)
  • Above 11 kg
  • Up to 9 kg
  • 9–10 kg
  • 10–11 kg
Operating Temperature
  • Above 350 °C
  • Up to 100 °C
  • 250–350 °C
  • 100–250 °C
Magnetization
  • Radially Magnetized
  • Multi-pole
  • Diametrically Magnetized
  • Axially Magnetized
Shape
  • Others
  • Powders
  • Custom
  • Cylinders / Rods
  • Discs
  • Blocks
  • Rings
  • Arcs / Segments
Grade
  • Others
  • Low-Temperature Grade
  • High-Coercivity Grade
  • High-Energy Grade
  • High-Temperature Grade
  • Standard
Coating
  • Others
  • Passivation / Chemical Treatments
  • Electroless Plating
  • Polymer Overmoulding
  • Epoxy Coating
  • Nickel Plating
Time Horizon
  • 1–3 Years
  • 4–7 Years
  • Above 15 Years
  • 8–15 Years
Frequently Asked Questions
The North America Samarium Cobalt Magnets Market is segmented based on Segmentation Type,Application,Sales Channel,Remanence (BR),Operating Temperature,Magnetization,Shape,Grade,Coating,Time Horizon.
North America Samarium Cobalt Magnets Market was valued at USD 97.76(Revenue in USD Million) in 2025.
North America Samarium Cobalt Magnets Market is projected to grow at a CAGR of 4.77% during the forecast period of 2024 to 2032.
The estimated market value of the North America Samarium Cobalt Magnets Market for final year is USD 147.97 (USD Million).

North America Samarium Cobalt Magnets Market Company Profiling

North America Samarium Cobalt Magnets Market Company Profiling
Frequently Asked Questions
The North America Samarium Cobalt Magnets Market is segmented based on Segmentation Type,Application,Sales Channel,Remanence (BR),Operating Temperature,Magnetization,Shape,Grade,Coating,Time Horizon.
North America Samarium Cobalt Magnets Market was valued at USD 97.76(Revenue in USD Million) in 2025.
North America Samarium Cobalt Magnets Market is projected to grow at a CAGR of 4.77% during the forecast period of 2024 to 2032.
The estimated market value of the North America Samarium Cobalt Magnets Market for final year is USD 147.97 (USD Million).

CHOOSE LICENCE TYPE

  • 4200.00
  • 3500.00
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  • 5500.00
  • 7500.00

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