Global SmCo Ring Magnets Market Insights, Size, and Forecast By Size (Small, Medium, Large), By Application (Sensors, Motors, Generators, Magnetic Bearings), By End Use Industry (Automotive, Aerospace, Electronics, Medical Devices), By Magnetization Method (Radial, Axial, Multi-pole), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035
Key Market Insights
Global SmCo Ring Magnets Market is projected to grow from USD 0.41 Billion in 2025 to USD 0.75 Billion by 2035, reflecting a compound annual growth rate of 6.7% from 2026 through 2035. Samarium Cobalt (SmCo) ring magnets are high performance rare earth permanent magnets, renowned for their excellent magnetic properties, high temperature stability, and corrosion resistance. These characteristics make them ideal for demanding applications where reliability in harsh environments is paramount. The market is primarily driven by the increasing demand for miniaturized and efficient electronic components across various industries. The aerospace and defense sector, with its stringent requirements for lightweight and durable magnetic components, is a significant growth catalyst. Furthermore, the burgeoning automotive industry, particularly in electric vehicles (EVs) and hybrid electric vehicles (HEVs), is boosting the adoption of SmCo ring magnets due to their superior performance in motors and sensors compared to other magnet types. The medical device industry, relying on precise and stable magnetic fields for imaging and therapeutic equipment, also contributes substantially to market expansion. Technological advancements in magnetic material science, leading to the development of higher energy product SmCo magnets, are further fueling market growth.
Global SmCo Ring Magnets Market Value (USD Billion) Analysis, 2025-2035
2025 - 2035
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A key trend observed in the Global SmCo Ring Magnets Market is the ongoing research and development focused on reducing the reliance on rare earth elements, particularly cobalt, due to supply chain vulnerabilities and environmental concerns associated with their extraction. Manufacturers are exploring new processing techniques and alloy compositions to achieve comparable performance with reduced raw material input. Another significant trend is the increasing customization of SmCo ring magnets to meet specific application requirements in terms of size, shape, and magnetic orientation, driven by the expanding scope of their applications. However, the market faces restraints such as the high manufacturing cost of SmCo magnets, largely attributed to the expense of samarium and cobalt. Price volatility of rare earth elements also poses a challenge for manufacturers and can impact market stability. Stringent environmental regulations concerning mining and processing of rare earths add to operational costs and may hinder market expansion in certain regions.
Despite these challenges, substantial opportunities exist for market players. The rising demand for robotics and automation in industrial settings, where SmCo magnets are critical for precision motors and actuators, presents a significant growth avenue. The expansion of 5G infrastructure and advanced communication systems also offers new opportunities, as SmCo magnets are integral to various high-frequency devices. The growing investment in renewable energy technologies, particularly wind turbines and solar tracking systems, which utilize powerful and durable magnets, further contributes to market potential. Asia Pacific is the dominant region in the SmCo Ring Magnets Market, driven by robust manufacturing capabilities, rapid industrialization, and the high concentration of automotive, electronics, and aerospace industries in countries within the region. This region is also the fastest growing, owing to escalating investments in R&D, supportive government policies, and increasing consumer demand for advanced electronic devices. Key players such as JPMF Guangdong Magnetic Material, DMEGC, Shanghai Fules Magnetoelectric, Master Magnetics, Magnet Applications, K&J Magnetics, Magnequench, Advanced Magnet Solutions, Ningbo Yunsheng, and Vacuumtech are actively pursuing strategies like product innovation, capacity expansion, and strategic partnerships to strengthen their market presence and cater to the evolving demands of diverse end-use industries.
Quick Stats
Market Size (2025):
USD 0.41 BillionProjected Market Size (2035):
USD 0.75 BillionLeading Segment:
Motors (42.5% Share)Dominant Region (2025):
Asia Pacific (58.2% Share)CAGR (2026-2035):
6.7%
What is SmCo Ring Magnets?
SmCo Ring Magnets are permanent magnets fashioned into an annular shape, comprising a samarium cobalt alloy. These rare earth magnets exhibit exceptional magnetic properties, notably high resistance to demagnetization and remarkable thermal stability, operating effectively at elevated temperatures where other magnets fail. Their core concept lies in the specific crystalline structure of the SmCo alloy, which enables strong magnetic anisotropy. Significance stems from their application in demanding environments, such as high-performance motors, sensors, magnetic couplings, and medical devices. Their ring geometry facilitates compact designs and allows for a central bore for shafts or other components, making them crucial in various advanced technological systems.
What are the Trends in Global SmCo Ring Magnets Market
Electric Vehicle Powertrain Demand Surge
Aerospace Miniaturization Driving Growth
Medical Device Innovation Propelling Adoption
Industrial Automation Robotics Integration
Renewable Energy Sensor Expansion
Electric Vehicle Powertrain Demand Surge
The burgeoning electric vehicle industry is directly fueling an unprecedented surge in demand for SmCo ring magnets. As automakers accelerate production of a diverse range of electric vehicles, from passenger cars to heavy duty trucks, the need for these specialized magnets intensifies. Each electric motor within a vehicle powertrain, critical for propulsion and energy regeneration, heavily relies on SmCo magnets for their exceptional magnetic properties and high temperature stability. This escalating demand is a direct consequence of the widespread shift towards electrification in transportation. The design evolution within EV drivetrains, aiming for greater efficiency and power density, further necessitates the advanced performance offered by SmCo, thereby creating a substantial and sustained increase in the global market for these critical components.
Aerospace Miniaturization Driving Growth
Aerospace miniaturization is a key driver in the global SmCo ring magnets market. As spacecraft, satellites, and avionics systems shrink, demand for compact yet powerful magnetic components intensifies. SmCo magnets, with their high magnetic strength and excellent temperature stability, are ideal for these demanding applications. They enable the development of smaller, lighter motors, actuators, and sensors crucial for advanced aerospace systems like CubeSats, microdrones, and precision guidance mechanisms. The need for reduced weight and space without compromising performance or reliability directly fuels the adoption of these specialized ring magnets. This miniaturization trend, driven by innovation in aerospace technology, consistently propels the growth and expands the application scope for SmCo ring magnets globally.
What are the Key Drivers Shaping the Global SmCo Ring Magnets Market
Rising Demand for High-Performance Magnets in Automotive and Aerospace Industries
Expanding Applications in Medical Devices and Consumer Electronics
Technological Advancements and Miniaturization Trends Boosting SmCo Adoption
Growing Investment in Renewable Energy and Industrial Automation
Strategic Initiatives and R&D for Enhanced SmCo Magnet Properties
Rising Demand for High-Performance Magnets in Automotive and Aerospace Industries
The automotive and aerospace sectors are experiencing a significant surge in demand for high performance magnets particularly SmCo ring magnets. Electric vehicles and hybrid vehicles necessitate powerful and compact magnets for efficient motors and generators. These magnets contribute to longer battery range and improved vehicle performance. Similarly in aerospace SmCo magnets are crucial for lightweight and robust components in aircraft engines avionics and control systems. Their superior temperature stability and corrosion resistance make them ideal for extreme operational environments enhancing reliability and fuel efficiency. This escalating need for advanced magnetic solutions across these industries is a primary force propelling the growth of the global SmCo ring magnets market. The drive for electrification and enhanced performance is directly fueling this demand.
Expanding Applications in Medical Devices and Consumer Electronics
The increasing demand for SmCo ring magnets is significantly driven by their expanding applications in both medical devices and consumer electronics. In the medical field, their high magnetic strength and excellent temperature stability make them ideal for compact, reliable components in pacemakers, hearing aids, and various diagnostic equipment requiring precise control and long term performance. Simultaneously, the proliferation of sophisticated consumer electronics such as high end headphones, miniature motors in robotics, and advanced sensors benefits from SmCo magnets' ability to deliver strong magnetic fields in small form factors. This versatility across two rapidly innovating sectors fuels the consistent growth of the global SmCo ring magnets market.
Technological Advancements and Miniaturization Trends Boosting SmCo Adoption
Technological advancements are profoundly impacting the SmCo ring magnets market by fostering miniaturization trends. Continuous innovation in materials science and manufacturing processes allows for the production of smaller, yet increasingly powerful and efficient SmCo magnets. This progress enables their integration into a wider array of compact electronic devices, medical equipment, and precision instruments where space is at a premium but high performance remains critical. As components shrink across industries, the demand for high strength to weight ratio magnets, such as SmCo, intensifies. These advancements not only enhance the performance of existing applications but also unlock new design possibilities and market segments for SmCo ring magnets, significantly boosting their adoption globally.
Global SmCo Ring Magnets Market Restraints
Volatile Raw Material Prices & Supply Chain Disruptions
The global SmCo ring magnets market faces a significant restraint from the volatile prices of its key raw materials. Cobalt and Samarium, crucial components, experience frequent price fluctuations driven by geopolitical events, mining disruptions, and shifts in demand from other industries. This unpredictability makes long term forecasting and stable pricing difficult for magnet manufacturers. Furthermore, the supply chain for these specialized rare earth materials is often concentrated and susceptible to disruptions. Bottlenecks at mining sites, processing plants, or during international shipping can lead to shortages and further price increases. Such instability impacts production costs, profit margins, and the ability of manufacturers to deliver consistent products to customers, thereby hindering market growth and investment.
Limited High-Temperature Applications & Competition from Alternatives
SmCo magnets, while possessing excellent high-temperature stability, face limitations at extremely elevated temperatures where their magnetic properties degrade significantly. This restricts their use in applications demanding operation beyond their inherent thermal threshold, such as certain aerospace or advanced automotive components that experience extreme heat. Furthermore, their relatively higher cost compared to other permanent magnets like Neodymium Iron Boron (NdFeB) makes them less attractive for applications where temperature is not a primary concern or where a more economical solution suffices. This creates intense competition from these alternatives, which offer sufficient performance at lower temperatures and price points, thereby limiting the overall market penetration and growth of SmCo magnets.
Global SmCo Ring Magnets Market Opportunities
SmCo Ring Magnets for High-Performance EV and Aerospace Actuation Systems
SmCo ring magnets offer a compelling opportunity within high-performance electric vehicle and aerospace actuation systems. These sectors demand components capable of extreme reliability and sustained performance under severe operating conditions, including high temperatures and corrosive environments. SmCo magnets excel here due to their inherent thermal stability, superior magnetic strength retention at elevated temperatures, and excellent corrosion resistance.
In electric vehicles, SmCo ring magnets are vital for compact, efficient motors and precise actuators, directly contributing to extended range and enhanced performance. For aerospace applications, their robust nature ensures dependable operation in critical systems like flight controls, landing gear, and various automated mechanisms where precision and unwavering reliability are paramount. The ring form factor further optimizes their integration into rotating machinery and space-constrained designs. This unique combination of properties positions SmCo ring magnets as an indispensable material for next-generation, high-power density actuation solutions, driving significant demand in these technologically advanced industries.
Miniaturized SmCo Ring Magnets for Advanced Robotics and Precision Sensor Applications
Miniaturized SmCo ring magnets represent a significant opportunity driven by the evolving demands of advanced robotics and precision sensor applications. These compact, high performance magnets are critical for creating smaller, more efficient, and robust systems.
In advanced robotics, these tiny rings provide essential magnetic fields for miniature motors, actuators, and encoders within robotic arms and specialized end effectors. Their superior thermal stability ensures reliable operation in demanding industrial and medical environments where space is severely constrained and high power density is required.
For precision sensor applications, miniaturized SmCo rings enable the development of highly accurate and stable sensors for industries like automotive, aerospace, and consumer electronics. Their consistent magnetic properties are vital for precise measurement and positioning, allowing sensors to be integrated into increasingly smaller devices without compromising performance or reliability in varying temperatures. This niche meets a growing need for compact, durable magnetic components across high technology sectors.
Global SmCo Ring Magnets Market Segmentation Analysis
Key Market Segments
By Application
- •Sensors
- •Motors
- •Generators
- •Magnetic Bearings
By End Use Industry
- •Automotive
- •Aerospace
- •Electronics
- •Medical Devices
By Magnetization Method
- •Radial
- •Axial
- •Multi-pole
By Size
- •Small
- •Medium
- •Large
Segment Share By Application
Share, By Application, 2025 (%)
- Sensors
- Motors
- Generators
- Magnetic Bearings
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Why is the Motors application segment dominating the Global SmCo Ring Magnets Market?
The significant share held by the Motors application segment stems from the unique properties of SmCo magnets, offering high temperature resistance and strong magnetic performance vital for electric motors operating in demanding environments. These magnets enable compact designs and efficient power conversion in various motor types, from servomotors to industrial and aerospace motors, where reliability and performance are paramount. Their stability at elevated temperatures ensures consistent operation and longevity, making them the preferred choice despite their cost.
Which End Use Industry segment exhibits significant demand for SmCo Ring Magnets?
The Aerospace End Use Industry, alongside Automotive, shows substantial demand for SmCo Ring Magnets. This is primarily driven by the need for lightweight, high performance, and extremely reliable components in aircraft systems. SmCo magnets are critical in aerospace for various applications including actuators, gyroscopes, sensors, and specialized motors where operation at extreme temperatures and under harsh conditions is standard. Their superior magnetic stability under thermal stress is a crucial factor for safety and performance in aviation.
How do magnetization methods influence the utility of SmCo Ring Magnets?
The choice of magnetization method significantly impacts the functionality and application of SmCo Ring Magnets. Multi-pole magnetization allows for complex magnetic field patterns, which are essential for precise control in advanced motors and sensors requiring specific magnetic interactions. Radial magnetization is widely used for creating uniform fields for rotational applications, common in many motor and generator designs. Axial magnetization provides a straightforward field along the magnet's axis, useful in simpler sensor or holding applications.
What Regulatory and Policy Factors Shape the Global SmCo Ring Magnets Market
The global SmCo ring magnets market navigates a complex regulatory landscape primarily shaped by critical rare earth element sourcing. Geopolitical dynamics, particularly concerning China’s dominance in rare earth supply and processing, drive strategic initiatives in Western nations like the US and EU to onshore mining and magnet production. This reduces supply chain vulnerabilities but necessitates adherence to stringent environmental regulations governing extraction and processing waste.
Export controls, often aligning with the Wassenaar Arrangement, strictly govern high performance magnet trade due to their dual use potential in military and aerospace applications. Compliance is paramount to avoid trade restrictions. Intellectual property protection remains crucial for innovation, safeguarding advanced magnet technologies. Furthermore, growing emphasis on a circular economy fosters policies supporting magnet recycling and sustainable material management, impacting end of life practices and future manufacturing strategies worldwide. These policies collectively define market access, operational costs, and investment attractiveness.
What New Technologies are Shaping Global SmCo Ring Magnets Market?
Innovations in the Global SmCo Ring Magnets Market are driven by demands for enhanced performance and manufacturing efficiencies. Emerging technologies center on advanced additive manufacturing techniques, enabling the production of complex, near net shape geometries. This reduces material waste significantly and facilitates novel applications in miniaturized electronics, high temperature motors, and precision sensors. Further advancements focus on developing new alloy compositions that offer superior magnetic properties at extreme temperatures, alongside improved corrosion resistance. The integration of artificial intelligence and machine learning in process optimization is leading to more consistent magnet quality and reduced production costs. Sustainable manufacturing practices, including improved recycling methods for rare earth elements, are also a key innovation frontier. These technological advancements ensure SmCo magnets remain critical for high performance, demanding applications across aerospace, medical, and industrial sectors.
Global SmCo Ring Magnets Market Regional Analysis
Global SmCo Ring Magnets Market
Trends, by Region
Asia-Pacific Market
Revenue Share, 2025
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Dominant Region
Asia Pacific · 58.2% share
The Asia Pacific region firmly dominates the Global SmCo Ring Magnets Market, commanding a substantial 58.2% market share. This impressive lead is primarily driven by the robust manufacturing capabilities and rapid industrialization across several countries within the region. China, Japan, and South Korea, in particular, serve as key hubs for both production and consumption of SmCo ring magnets, fueling demand in critical sectors like automotive, consumer electronics, and renewable energy. The presence of major magnet manufacturers and a strong supply chain infrastructure further solidifies Asia Pacific's unparalleled leadership, ensuring sustained growth and innovation within this specialized magnet segment.
Fastest Growing Region
Asia Pacific · 9.2% CAGR
Asia Pacific is poised to be the fastest growing region in the SmCo Ring Magnets Market with an impressive CAGR of 9.2% through 2035. This accelerated expansion is primarily fueled by the burgeoning demand from key end use industries within the region. The robust growth of electric vehicles and hybrid electric vehicles a major consumer of SmCo magnets is a significant driver. Furthermore the expanding industrial automation sector and the increasing adoption of advanced robotics in manufacturing contribute substantially to the rising demand. The region's strong electronics industry particularly in consumer electronics and data storage also plays a crucial role. Continuous innovation in high performance magnet applications and supportive government initiatives further bolster this rapid growth trajectory making Asia Pacific a pivotal market for SmCo ring magnets.
Top Countries Overview
The U.S. plays a significant role in the global SmCo ring magnets market, primarily as a key consumer in high-performance sectors like aerospace, defense, and medical devices. While domestic production exists, a substantial portion is imported, particularly from Asia, due to cost efficiencies. Innovation in specialized applications and material advancements remains a strong suit, driving demand for high-quality, reliable SmCo magnets crucial for advanced technologies.
China dominates the global SmCo ring magnet market, driven by its robust rare-earth industry and advanced manufacturing capabilities. Chinese companies are key suppliers for various high-tech applications, including aerospace, electric vehicles, and medical devices. Their competitive pricing and increasing quality further solidify their strong position, influencing global market dynamics and technological advancements in permanent magnet technologies.
India plays a nascent but growing role in the global SmCo ring magnets market. While currently a minor producer and consumer, its increasing focus on indigenous defense, aerospace, and high-tech sectors is driving demand for these critical components. R&D in magnet technology and manufacturing capabilities are slowly expanding, positioning India for potential future growth as a significant player, particularly for domestic applications, reducing import reliance.
Impact of Geopolitical and Macroeconomic Factors
Geopolitical tensions, particularly involving rare earth producing nations and key industrial consumers, significantly impact the SmCo ring magnets market. Export restrictions, heightened by strategic competition over critical materials, can disrupt supply chains and increase manufacturing costs for downstream industries like automotive and electronics. Furthermore, intellectual property disputes surrounding advanced magnet technologies and material processing create additional complexities, influencing foreign investment decisions and market entry strategies for new players. Trade policies and geopolitical alliances also dictate market access and demand for specific manufacturers.
Macroeconomic factors, including inflation and interest rate fluctuations, directly influence investment in manufacturing capacity and demand for high-performance magnets. Economic slowdowns in major industrial economies reduce discretionary spending and delay capital projects, impacting demand for products incorporating SmCo magnets. Currency exchange rate volatility further complicates international trade and affects the profitability of importers and exporters. Government subsidies for electric vehicles and renewable energy, where SmCo magnets are crucial, act as demand drivers, but their long term stability is subject to fiscal health and political priorities.
Recent Developments
- March 2025
JPMF Guangdong Magnetic Material announced a strategic initiative to significantly expand its production capacity for high-temperature SmCo ring magnets. This expansion aims to meet the growing demand from aerospace and defense sectors for more robust and reliable magnet solutions in extreme environments.
- July 2024
DMEGC successfully launched a new line of miniaturized SmCo ring magnets specifically designed for compact medical devices and precision instrumentation. These magnets offer enhanced magnetic performance in smaller footprints, enabling more sophisticated and less invasive product designs.
- November 2024
Ningbo Yunsheng entered into a strategic partnership with a leading European automotive supplier for the development of next-generation SmCo ring magnets for electric vehicle (EV) motor applications. This collaboration focuses on improving efficiency and reducing the weight of EV motors through advanced magnet materials.
- January 2025
Shanghai Fules Magnetoelectric acquired a smaller competitor specializing in custom SmCo magnet fabrication. This acquisition enhances Shanghai Fules' capabilities in bespoke magnet solutions and expands its market reach into niche industrial applications requiring highly customized designs.
- April 2025
Vacuumtech introduced an innovative SmCo ring magnet with a proprietary surface coating designed to significantly improve corrosion resistance in harsh chemical environments. This product launch targets industrial pump and fluid handling systems where magnet longevity is a critical factor.
Key Players Analysis
The Global SmCo Ring Magnets Market is shaped by key players like JPMF Guangdong Magnetic Material, DMEGC, and Shanghai Fules Magnetoelectric, who are prominent manufacturers leveraging advanced powder metallurgy and precise sintering techniques. Ningbo Yunsheng and Magnequench contribute significantly with their expertise in raw material processing and specialized alloy development, driving high performance magnet production. Master Magnetics and Magnet Applications focus on distribution and application specific solutions, catering to diverse industrial needs. Strategic initiatives include enhancing material purity, optimizing magnetic properties for specific applications such as aerospace and medical devices, and expanding global supply chains to meet growing demand in high tech sectors. Technological advancements in grain boundary engineering and surface passivation are critical for market growth.
List of Key Companies:
- JPMF Guangdong Magnetic Material
- DMEGC
- Shanghai Fules Magnetoelectric
- Master Magnetics
- Magnet Applications
- K&J Magnetics
- Magnequench
- Advanced Magnet Solutions
- Ningbo Yunsheng
- Vacuumtech
- Magswitch Technology
- Dexter Magnetic Technologies
- Saint Gobain
- EarthAsia Technologies
- Bunting Magnetics
- Hitachi Metals
Report Scope and Segmentation
| Report Component | Description |
|---|---|
| Market Size (2025) | USD 0.41 Billion |
| Forecast Value (2035) | USD 0.75 Billion |
| CAGR (2026-2035) | 6.7% |
| Base Year | 2025 |
| Historical Period | 2020-2025 |
| Forecast Period | 2026-2035 |
| Segments Covered |
|
| Regional Analysis |
|
Table of Contents:
List of Figures
List of Tables
Table 1: Global SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 2: Global SmCo Ring Magnets Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 3: Global SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Magnetization Method, 2020-2035
Table 4: Global SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Size, 2020-2035
Table 5: Global SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Region, 2020-2035
Table 6: North America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 7: North America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 8: North America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Magnetization Method, 2020-2035
Table 9: North America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Size, 2020-2035
Table 10: North America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Country, 2020-2035
Table 11: Europe SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 12: Europe SmCo Ring Magnets Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 13: Europe SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Magnetization Method, 2020-2035
Table 14: Europe SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Size, 2020-2035
Table 15: Europe SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 16: Asia Pacific SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 17: Asia Pacific SmCo Ring Magnets Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 18: Asia Pacific SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Magnetization Method, 2020-2035
Table 19: Asia Pacific SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Size, 2020-2035
Table 20: Asia Pacific SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 21: Latin America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 22: Latin America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 23: Latin America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Magnetization Method, 2020-2035
Table 24: Latin America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Size, 2020-2035
Table 25: Latin America SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 26: Middle East & Africa SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 27: Middle East & Africa SmCo Ring Magnets Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 28: Middle East & Africa SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Magnetization Method, 2020-2035
Table 29: Middle East & Africa SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Size, 2020-2035
Table 30: Middle East & Africa SmCo Ring Magnets Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035