Part 1
Part 2
Part 3
Part 4
Part 5
Description
The global market for Samarium Iron Nitrogen Magnet was valued at US$ 45.3 million in the year 2024 and is projected to reach a revised size of US$ 68.0 million by 2031, growing at a CAGR of 5.9% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Samarium Iron Nitrogen Magnet competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Samarium Iron Nitrogen Magnet Market Size(US$)
M= millions and B=billions
Samarium Iron Nitrogen (SmFeN) magnets are a type of rare-earth permanent magnet composed of samarium (Sm), iron (Fe), and nitrogen (N). These magnets are known for their high magnetic energy product, excellent thermal stability, and good resistance to demagnetization. Compared to conventional rare-earth magnets such as Neodymium Iron Boron (NdFeB), SmFeN magnets provide superior performance under high-temperature conditions and offer enhanced corrosion resistance. These properties make them particularly attractive for applications requiring compact size, high magnetic strength, and operational reliability in demanding environments.
SmFeN magnets have gained increasing attention in recent years due to the rising demand for advanced magnetic materials in consumer electronics, precision devices, and automotive components. As industries push for miniaturization and performance enhancement, SmFeN magnets have emerged as a viable alternative for applications that demand both strong magnetic output and durability. Their usage spans across smartphones, wireless devices, cameras, audio components, and potentially in automotive sensors and electric drive systems.
Globally, the market for SmFeN magnets is experiencing steady growth. One of the key trends shaping the market is the widening adoption of SmFeN materials in mass production. As end-user industries seek cost-effective magnetic solutions with stable long-term performance, SmFeN magnets are moving beyond niche markets into broader industrial applications. This shift is gradually transforming the material from a specialized product to a more standardized industrial component, although price sensitivity remains a challenge in cost-driven sectors.
The market structure remains highly concentrated, dominated by a few technologically advanced companies with deep expertise in rare-earth magnet production. This concentration reflects the high entry barriers associated with SmFeN magnet manufacturing. The production process involves complex powder metallurgy techniques, controlled nitrogenation, and precise material engineering—all of which require significant R&D investment, proprietary technology, and strict quality control. In addition, key patents and intellectual property protections make it difficult for new entrants to establish a competitive presence.
Environmental and sustainability factors are also influencing the market trajectory. As industries aim to reduce reliance on critical rare earths such as dysprosium and terbium—often used in other types of magnets—SmFeN magnets present a potential pathway toward more resource-efficient solutions. Their relatively reduced dependence on heavy rare earth elements gives them a strategic advantage in terms of material sourcing and long-term cost control.
Application-wise, consumer electronics continues to be the primary driver of demand, driven by the need for compact, high-performance magnetic components. In the long term, automotive applications—particularly in electric vehicles and advanced driver-assistance systems (ADAS)—may offer substantial growth opportunities as thermal and performance requirements become more stringent.
In summary, SmFeN magnets represent a technologically advanced and strategically significant category of permanent magnets. With their unique blend of magnetic strength, thermal resilience, and material efficiency, they are increasingly positioned to support the evolving needs of next-generation electronic and industrial systems. While the market faces challenges such as cost competitiveness and limited supplier diversity, continued innovation and production scaling are expected to enhance their market potential over time.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Samarium Iron Nitrogen Magnet, 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 Samarium Iron Nitrogen Magnet.
The Samarium Iron Nitrogen Magnet market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Samarium Iron Nitrogen Magnet market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Samarium Iron Nitrogen Magnet manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Report Metric
Details
Report Title
Global Samarium Iron Nitrogen Magnet Market Research Report 2025
Forecasted Market Size in 2031
US$ 68.0 million
CAGR(2025-2031)
5.9%
Market Size Available for Years
2025-2031
Global Samarium Iron Nitrogen Magnet Companies Covered
Daido Electronics
Sumitomo Metal Mining
Nichia Corporation
Magvalley
Global Samarium Iron Nitrogen Magnet Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Samarium Iron Nitrogen Magnet Market, Segment by Type
Isotropic SmFeN Magnets
Anisotropic SmFeN Magnets
Global Samarium Iron Nitrogen Magnet Market, Segment by Application
Consumer Electronics
Consumer Goods
Automobile
Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Samarium Iron Nitrogen Magnet manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Samarium Iron Nitrogen Magnet by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Samarium Iron Nitrogen Magnet 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Table of Contents
1 Samarium Iron Nitrogen Magnet Market Overview
1.1 Product Definition
1.2 Samarium Iron Nitrogen Magnet by Type
1.2.1 Global Samarium Iron Nitrogen Magnet Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Isotropic SmFeN Magnets
1.2.3 Anisotropic SmFeN Magnets
1.3 Samarium Iron Nitrogen Magnet by Application
1.3.1 Global Samarium Iron Nitrogen Magnet Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Consumer Electronics
1.3.3 Consumer Goods
1.3.4 Automobile
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Samarium Iron Nitrogen Magnet Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Samarium Iron Nitrogen Magnet Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Samarium Iron Nitrogen Magnet Production Estimates and Forecasts (2020-2031)
1.4.4 Global Samarium Iron Nitrogen Magnet Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Samarium Iron Nitrogen Magnet Production Market Share by Manufacturers (2020-2025)
2.2 Global Samarium Iron Nitrogen Magnet Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Samarium Iron Nitrogen Magnet, Industry Ranking, 2023 VS 2024
2.4 Global Samarium Iron Nitrogen Magnet Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Samarium Iron Nitrogen Magnet Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Samarium Iron Nitrogen Magnet, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Samarium Iron Nitrogen Magnet, Product Offered and Application
2.8 Global Key Manufacturers of Samarium Iron Nitrogen Magnet, Date of Enter into This Industry
2.9 Samarium Iron Nitrogen Magnet Market Competitive Situation and Trends
2.9.1 Samarium Iron Nitrogen Magnet Market Concentration Rate
2.9.2 Global 5 and 10 Largest Samarium Iron Nitrogen Magnet Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Samarium Iron Nitrogen Magnet Production by Region
3.1 Global Samarium Iron Nitrogen Magnet Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Samarium Iron Nitrogen Magnet Production Value by Region (2020-2031)
3.2.1 Global Samarium Iron Nitrogen Magnet Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Samarium Iron Nitrogen Magnet by Region (2026-2031)
3.3 Global Samarium Iron Nitrogen Magnet Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Samarium Iron Nitrogen Magnet Production Volume by Region (2020-2031)
3.4.1 Global Samarium Iron Nitrogen Magnet Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Samarium Iron Nitrogen Magnet by Region (2026-2031)
3.5 Global Samarium Iron Nitrogen Magnet Market Price Analysis by Region (2020-2025)
3.6 Global Samarium Iron Nitrogen Magnet Production and Value, Year-over-Year Growth
3.6.1 Japan Samarium Iron Nitrogen Magnet Production Value Estimates and Forecasts (2020-2031)
4 Samarium Iron Nitrogen Magnet Consumption by Region
4.1 Global Samarium Iron Nitrogen Magnet Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Samarium Iron Nitrogen Magnet Consumption by Region (2020-2031)
4.2.1 Global Samarium Iron Nitrogen Magnet Consumption by Region (2020-2025)
4.2.2 Global Samarium Iron Nitrogen Magnet Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Samarium Iron Nitrogen Magnet Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Samarium Iron Nitrogen Magnet Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Samarium Iron Nitrogen Magnet Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Samarium Iron Nitrogen Magnet Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Samarium Iron Nitrogen Magnet Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Samarium Iron Nitrogen Magnet Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Samarium Iron Nitrogen Magnet Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Samarium Iron Nitrogen Magnet Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Samarium Iron Nitrogen Magnet Production by Type (2020-2031)
5.1.1 Global Samarium Iron Nitrogen Magnet Production by Type (2020-2025)
5.1.2 Global Samarium Iron Nitrogen Magnet Production by Type (2026-2031)
5.1.3 Global Samarium Iron Nitrogen Magnet Production Market Share by Type (2020-2031)
5.2 Global Samarium Iron Nitrogen Magnet Production Value by Type (2020-2031)
5.2.1 Global Samarium Iron Nitrogen Magnet Production Value by Type (2020-2025)
5.2.2 Global Samarium Iron Nitrogen Magnet Production Value by Type (2026-2031)
5.2.3 Global Samarium Iron Nitrogen Magnet Production Value Market Share by Type (2020-2031)
5.3 Global Samarium Iron Nitrogen Magnet Price by Type (2020-2031)
6 Segment by Application
6.1 Global Samarium Iron Nitrogen Magnet Production by Application (2020-2031)
6.1.1 Global Samarium Iron Nitrogen Magnet Production by Application (2020-2025)
6.1.2 Global Samarium Iron Nitrogen Magnet Production by Application (2026-2031)
6.1.3 Global Samarium Iron Nitrogen Magnet Production Market Share by Application (2020-2031)
6.2 Global Samarium Iron Nitrogen Magnet Production Value by Application (2020-2031)
6.2.1 Global Samarium Iron Nitrogen Magnet Production Value by Application (2020-2025)
6.2.2 Global Samarium Iron Nitrogen Magnet Production Value by Application (2026-2031)
6.2.3 Global Samarium Iron Nitrogen Magnet Production Value Market Share by Application (2020-2031)
6.3 Global Samarium Iron Nitrogen Magnet Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Daido Electronics
7.1.1 Daido Electronics Samarium Iron Nitrogen Magnet Company Information
7.1.2 Daido Electronics Samarium Iron Nitrogen Magnet Product Portfolio
7.1.3 Daido Electronics Samarium Iron Nitrogen Magnet Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Daido Electronics Main Business and Markets Served
7.1.5 Daido Electronics Recent Developments/Updates
7.2 Sumitomo Metal Mining
7.2.1 Sumitomo Metal Mining Samarium Iron Nitrogen Magnet Company Information
7.2.2 Sumitomo Metal Mining Samarium Iron Nitrogen Magnet Product Portfolio
7.2.3 Sumitomo Metal Mining Samarium Iron Nitrogen Magnet Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Sumitomo Metal Mining Main Business and Markets Served
7.2.5 Sumitomo Metal Mining Recent Developments/Updates
7.3 Nichia Corporation
7.3.1 Nichia Corporation Samarium Iron Nitrogen Magnet Company Information
7.3.2 Nichia Corporation Samarium Iron Nitrogen Magnet Product Portfolio
7.3.3 Nichia Corporation Samarium Iron Nitrogen Magnet Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Nichia Corporation Main Business and Markets Served
7.3.5 Nichia Corporation Recent Developments/Updates
7.4 Magvalley
7.4.1 Magvalley Samarium Iron Nitrogen Magnet Company Information
7.4.2 Magvalley Samarium Iron Nitrogen Magnet Product Portfolio
7.4.3 Magvalley Samarium Iron Nitrogen Magnet Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Magvalley Main Business and Markets Served
7.4.5 Magvalley Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Samarium Iron Nitrogen Magnet Industry Chain Analysis
8.2 Samarium Iron Nitrogen Magnet Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Samarium Iron Nitrogen Magnet Production Mode & Process Analysis
8.4 Samarium Iron Nitrogen Magnet Sales and Marketing
8.4.1 Samarium Iron Nitrogen Magnet Sales Channels
8.4.2 Samarium Iron Nitrogen Magnet Distributors
8.5 Samarium Iron Nitrogen Magnet Customer Analysis
9 Samarium Iron Nitrogen Magnet Market Dynamics
9.1 Samarium Iron Nitrogen Magnet Industry Trends
9.2 Samarium Iron Nitrogen Magnet Market Drivers
9.3 Samarium Iron Nitrogen Magnet Market Challenges
9.4 Samarium Iron Nitrogen Magnet Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Table of Figures
List of Tables
Table 1. Global Samarium Iron Nitrogen Magnet Market Value by Type, (US$ Million) & (2024 VS 2031)
Table 2. Global Samarium Iron Nitrogen Magnet Market Value by Application, (US$ Million) & (2024 VS 2031)
Table 3. Global Samarium Iron Nitrogen Magnet Production Capacity (Tons) by Manufacturers in 2024
Table 4. Global Samarium Iron Nitrogen Magnet Production by Manufacturers (2020-2025) & (Tons)
Table 5. Global Samarium Iron Nitrogen Magnet Production Market Share by Manufacturers (2020-2025)
Table 6. Global Samarium Iron Nitrogen Magnet Production Value by Manufacturers (2020-2025) & (US$ Million)
Table 7. Global Samarium Iron Nitrogen Magnet Production Value Share by Manufacturers (2020-2025)
Table 8. Global Key Players of Samarium Iron Nitrogen Magnet, Industry Ranking, 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Samarium Iron Nitrogen Magnet as of 2024)
Table 10. Global Market Samarium Iron Nitrogen Magnet Average Price by Manufacturers (US$/Ton) & (2020-2025)
Table 11. Global Key Manufacturers of Samarium Iron Nitrogen Magnet, Manufacturing Base Distribution and Headquarters
Table 12. Global Key Manufacturers of Samarium Iron Nitrogen Magnet, Product Offered and Application
Table 13. Global Key Manufacturers of Samarium Iron Nitrogen Magnet, Date of Enter into This Industry
Table 14. Global Samarium Iron Nitrogen Magnet Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Samarium Iron Nitrogen Magnet Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Samarium Iron Nitrogen Magnet Production Value (US$ Million) by Region (2020-2025)
Table 18. Global Samarium Iron Nitrogen Magnet Production Value Market Share by Region (2020-2025)
Table 19. Global Samarium Iron Nitrogen Magnet Production Value (US$ Million) Forecast by Region (2026-2031)
Table 20. Global Samarium Iron Nitrogen Magnet Production Value Market Share Forecast by Region (2026-2031)
Table 21. Global Samarium Iron Nitrogen Magnet Production Comparison by Region: 2020 VS 2024 VS 2031 (Tons)
Table 22. Global Samarium Iron Nitrogen Magnet Production (Tons) by Region (2020-2025)
Table 23. Global Samarium Iron Nitrogen Magnet Production Market Share by Region (2020-2025)
Table 24. Global Samarium Iron Nitrogen Magnet Production (Tons) Forecast by Region (2026-2031)
Table 25. Global Samarium Iron Nitrogen Magnet Production Market Share Forecast by Region (2026-2031)
Table 26. Global Samarium Iron Nitrogen Magnet Market Average Price (US$/Ton) by Region (2020-2025)
Table 27. Global Samarium Iron Nitrogen Magnet Market Average Price (US$/Ton) by Region (2026-2031)
Table 28. Global Samarium Iron Nitrogen Magnet Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Tons)
Table 29. Global Samarium Iron Nitrogen Magnet Consumption by Region (2020-2025) & (Tons)
Table 30. Global Samarium Iron Nitrogen Magnet Consumption Market Share by Region (2020-2025)
Table 31. Global Samarium Iron Nitrogen Magnet Forecasted Consumption by Region (2026-2031) & (Tons)
Table 32. Global Samarium Iron Nitrogen Magnet Forecasted Consumption Market Share by Region (2026-2031)
Table 33. North America Samarium Iron Nitrogen Magnet Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
Table 34. North America Samarium Iron Nitrogen Magnet Consumption by Country (2020-2025) & (Tons)
Table 35. North America Samarium Iron Nitrogen Magnet Consumption by Country (2026-2031) & (Tons)
Table 36. Europe Samarium Iron Nitrogen Magnet Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
Table 37. Europe Samarium Iron Nitrogen Magnet Consumption by Country (2020-2025) & (Tons)
Table 38. Europe Samarium Iron Nitrogen Magnet Consumption by Country (2026-2031) & (Tons)
Table 39. Asia Pacific Samarium Iron Nitrogen Magnet Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Tons)
Table 40. Asia Pacific Samarium Iron Nitrogen Magnet Consumption by Region (2020-2025) & (Tons)
Table 41. Asia Pacific Samarium Iron Nitrogen Magnet Consumption by Region (2026-2031) & (Tons)
Table 42. Latin America, Middle East & Africa Samarium Iron Nitrogen Magnet Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
Table 43. Latin America, Middle East & Africa Samarium Iron Nitrogen Magnet Consumption by Country (2020-2025) & (Tons)
Table 44. Latin America, Middle East & Africa Samarium Iron Nitrogen Magnet Consumption by Country (2026-2031) & (Tons)
Table 45. Global Samarium Iron Nitrogen Magnet Production (Tons) by Type (2020-2025)
Table 46. Global Samarium Iron Nitrogen Magnet Production (Tons) by Type (2026-2031)
Table 47. Global Samarium Iron Nitrogen Magnet Production Market Share by Type (2020-2025)
Table 48. Global Samarium Iron Nitrogen Magnet Production Market Share by Type (2026-2031)
Table 49. Global Samarium Iron Nitrogen Magnet Production Value (US$ Million) by Type (2020-2025)
Table 50. Global Samarium Iron Nitrogen Magnet Production Value (US$ Million) by Type (2026-2031)
Table 51. Global Samarium Iron Nitrogen Magnet Production Value Market Share by Type (2020-2025)
Table 52. Global Samarium Iron Nitrogen Magnet Production Value Market Share by Type (2026-2031)
Table 53. Global Samarium Iron Nitrogen Magnet Price (US$/Ton) by Type (2020-2025)
Table 54. Global Samarium Iron Nitrogen Magnet Price (US$/Ton) by Type (2026-2031)
Table 55. Global Samarium Iron Nitrogen Magnet Production (Tons) by Application (2020-2025)
Table 56. Global Samarium Iron Nitrogen Magnet Production (Tons) by Application (2026-2031)
Table 57. Global Samarium Iron Nitrogen Magnet Production Market Share by Application (2020-2025)
Table 58. Global Samarium Iron Nitrogen Magnet Production Market Share by Application (2026-2031)
Table 59. Global Samarium Iron Nitrogen Magnet Production Value (US$ Million) by Application (2020-2025)
Table 60. Global Samarium Iron Nitrogen Magnet Production Value (US$ Million) by Application (2026-2031)
Table 61. Global Samarium Iron Nitrogen Magnet Production Value Market Share by Application (2020-2025)
Table 62. Global Samarium Iron Nitrogen Magnet Production Value Market Share by Application (2026-2031)
Table 63. Global Samarium Iron Nitrogen Magnet Price (US$/Ton) by Application (2020-2025)
Table 64. Global Samarium Iron Nitrogen Magnet Price (US$/Ton) by Application (2026-2031)
Table 65. Daido Electronics Samarium Iron Nitrogen Magnet Company Information
Table 66. Daido Electronics Samarium Iron Nitrogen Magnet Specification and Application
Table 67. Daido Electronics Samarium Iron Nitrogen Magnet Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 68. Daido Electronics Main Business and Markets Served
Table 69. Daido Electronics Recent Developments/Updates
Table 70. Sumitomo Metal Mining Samarium Iron Nitrogen Magnet Company Information
Table 71. Sumitomo Metal Mining Samarium Iron Nitrogen Magnet Specification and Application
Table 72. Sumitomo Metal Mining Samarium Iron Nitrogen Magnet Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 73. Sumitomo Metal Mining Main Business and Markets Served
Table 74. Sumitomo Metal Mining Recent Developments/Updates
Table 75. Nichia Corporation Samarium Iron Nitrogen Magnet Company Information
Table 76. Nichia Corporation Samarium Iron Nitrogen Magnet Specification and Application
Table 77. Nichia Corporation Samarium Iron Nitrogen Magnet Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 78. Nichia Corporation Main Business and Markets Served
Table 79. Nichia Corporation Recent Developments/Updates
Table 80. Magvalley Samarium Iron Nitrogen Magnet Company Information
Table 81. Magvalley Samarium Iron Nitrogen Magnet Specification and Application
Table 82. Magvalley Samarium Iron Nitrogen Magnet Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 83. Magvalley Main Business and Markets Served
Table 84. Magvalley Recent Developments/Updates
Table 85. Key Raw Materials Lists
Table 86. Raw Materials Key Suppliers Lists
Table 87. Samarium Iron Nitrogen Magnet Distributors List
Table 88. Samarium Iron Nitrogen Magnet Customers List
Table 89. Samarium Iron Nitrogen Magnet Market Trends
Table 90. Samarium Iron Nitrogen Magnet Market Drivers
Table 91. Samarium Iron Nitrogen Magnet Market Challenges
Table 92. Samarium Iron Nitrogen Magnet Market Restraints
Table 93. Research Programs/Design for This Report
Table 94. Key Data Information from Secondary Sources
Table 95. Key Data Information from Primary Sources
Table 96. Authors List of This Report
List of Figures
Figure 1. Product Picture of Samarium Iron Nitrogen Magnet
Figure 2. Global Samarium Iron Nitrogen Magnet Market Value by Type, (US$ Million) & (2020-2031)
Figure 3. Global Samarium Iron Nitrogen Magnet Market Share by Type: 2024 VS 2031
Figure 4. Isotropic SmFeN Magnets Product Picture
Figure 5. Anisotropic SmFeN Magnets Product Picture
Figure 6. Global Samarium Iron Nitrogen Magnet Market Value by Application, (US$ Million) & (2020-2031)
Figure 7. Global Samarium Iron Nitrogen Magnet Market Share by Application: 2024 VS 2031
Figure 8. Consumer Electronics
Figure 9. Consumer Goods
Figure 10. Automobile
Figure 11. Others
Figure 12. Global Samarium Iron Nitrogen Magnet Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 13. Global Samarium Iron Nitrogen Magnet Production Value (US$ Million) & (2020-2031)
Figure 14. Global Samarium Iron Nitrogen Magnet Production Capacity (Tons) & (2020-2031)
Figure 15. Global Samarium Iron Nitrogen Magnet Production (Tons) & (2020-2031)
Figure 16. Global Samarium Iron Nitrogen Magnet Average Price (US$/Ton) & (2020-2031)
Figure 17. Samarium Iron Nitrogen Magnet Report Years Considered
Figure 18. Samarium Iron Nitrogen Magnet Production Share by Manufacturers in 2024
Figure 19. Global Samarium Iron Nitrogen Magnet Production Value Share by Manufacturers (2024)
Figure 20. Samarium Iron Nitrogen Magnet Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 21. The Global 5 and 10 Largest Players: Market Share by Samarium Iron Nitrogen Magnet Revenue in 2024
Figure 22. Global Samarium Iron Nitrogen Magnet Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 23. Global Samarium Iron Nitrogen Magnet Production Value Market Share by Region: 2020 VS 2024 VS 2031
Figure 24. Global Samarium Iron Nitrogen Magnet Production Comparison by Region: 2020 VS 2024 VS 2031 (Tons)
Figure 25. Global Samarium Iron Nitrogen Magnet Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 26. Japan Samarium Iron Nitrogen Magnet Production Value (US$ Million) Growth Rate (2020-2031)
Figure 27. Global Samarium Iron Nitrogen Magnet Consumption by Region: 2020 VS 2024 VS 2031 (Tons)
Figure 28. Global Samarium Iron Nitrogen Magnet Consumption Market Share by Region: 2020 VS 2024 VS 2031
Figure 29. North America Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 30. North America Samarium Iron Nitrogen Magnet Consumption Market Share by Country (2020-2031)
Figure 31. U.S. Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 32. Canada Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 33. Europe Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 34. Europe Samarium Iron Nitrogen Magnet Consumption Market Share by Country (2020-2031)
Figure 35. Germany Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 36. France Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 37. U.K. Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 38. Italy Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 39. Russia Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 40. Asia Pacific Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 41. Asia Pacific Samarium Iron Nitrogen Magnet Consumption Market Share by Region (2020-2031)
Figure 42. China Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 43. Japan Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 44. South Korea Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 45. China Taiwan Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 46. Southeast Asia Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 47. India Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 48. Latin America, Middle East & Africa Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 49. Latin America, Middle East & Africa Samarium Iron Nitrogen Magnet Consumption Market Share by Country (2020-2031)
Figure 50. Mexico Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 51. Brazil Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 52. Turkey Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 53. GCC Countries Samarium Iron Nitrogen Magnet Consumption and Growth Rate (2020-2031) & (Tons)
Figure 54. Global Production Market Share of Samarium Iron Nitrogen Magnet by Type (2020-2031)
Figure 55. Global Production Value Market Share of Samarium Iron Nitrogen Magnet by Type (2020-2031)
Figure 56. Global Samarium Iron Nitrogen Magnet Price (US$/Ton) by Type (2020-2031)
Figure 57. Global Production Market Share of Samarium Iron Nitrogen Magnet by Application (2020-2031)
Figure 58. Global Production Value Market Share of Samarium Iron Nitrogen Magnet by Application (2020-2031)
Figure 59. Global Samarium Iron Nitrogen Magnet Price (US$/Ton) by Application (2020-2031)
Figure 60. Samarium Iron Nitrogen Magnet Value Chain
Figure 61. Channels of Distribution (Direct Vs Distribution)
Figure 62. Bottom-up and Top-down Approaches for This Report
Figure 63. Data Triangulation
Description
The global market for Samarium Iron Nitrogen Magnet was valued at US$ 45.3 million in the year 2024 and is projected to reach a revised size of US$ 68.0 million by 2031, growing at a CAGR of 5.9% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Samarium Iron Nitrogen Magnet competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Samarium Iron Nitrogen (SmFeN) magnets are a type of rare-earth permanent magnet composed of samarium (Sm), iron (Fe), and nitrogen (N). These magnets are known for their high magnetic energy product, excellent thermal stability, and good resistance to demagnetization. Compared to conventional rare-earth magnets such as Neodymium Iron Boron (NdFeB), SmFeN magnets provide superior performance under high-temperature conditions and offer enhanced corrosion resistance. These properties make them particularly attractive for applications requiring compact size, high magnetic strength, and operational reliability in demanding environments.
SmFeN magnets have gained increasing attention in recent years due to the rising demand for advanced magnetic materials in consumer electronics, precision devices, and automotive components. As industries push for miniaturization and performance enhancement, SmFeN magnets have emerged as a viable alternative for applications that demand both strong magnetic output and durability. Their usage spans across smartphones, wireless devices, cameras, audio components, and potentially in automotive sensors and electric drive systems.
Globally, the market for SmFeN magnets is experiencing steady growth. One of the key trends shaping the market is the widening adoption of SmFeN materials in mass production. As end-user industries seek cost-effective magnetic solutions with stable long-term performance, SmFeN magnets are moving beyond niche markets into broader industrial applications. This shift is gradually transforming the material from a specialized product to a more standardized industrial component, although price sensitivity remains a challenge in cost-driven sectors.
The market structure remains highly concentrated, dominated by a few technologically advanced companies with deep expertise in rare-earth magnet production. This concentration reflects the high entry barriers associated with SmFeN magnet manufacturing. The production process involves complex powder metallurgy techniques, controlled nitrogenation, and precise material engineering—all of which require significant R&D investment, proprietary technology, and strict quality control. In addition, key patents and intellectual property protections make it difficult for new entrants to establish a competitive presence.
Environmental and sustainability factors are also influencing the market trajectory. As industries aim to reduce reliance on critical rare earths such as dysprosium and terbium—often used in other types of magnets—SmFeN magnets present a potential pathway toward more resource-efficient solutions. Their relatively reduced dependence on heavy rare earth elements gives them a strategic advantage in terms of material sourcing and long-term cost control.
Application-wise, consumer electronics continues to be the primary driver of demand, driven by the need for compact, high-performance magnetic components. In the long term, automotive applications—particularly in electric vehicles and advanced driver-assistance systems (ADAS)—may offer substantial growth opportunities as thermal and performance requirements become more stringent.
In summary, SmFeN magnets represent a technologically advanced and strategically significant category of permanent magnets. With their unique blend of magnetic strength, thermal resilience, and material efficiency, they are increasingly positioned to support the evolving needs of next-generation electronic and industrial systems. While the market faces challenges such as cost competitiveness and limited supplier diversity, continued innovation and production scaling are expected to enhance their market potential over time.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Samarium Iron Nitrogen Magnet, 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 Samarium Iron Nitrogen Magnet.
The Samarium Iron Nitrogen Magnet market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Samarium Iron Nitrogen Magnet market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Samarium Iron Nitrogen Magnet manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Samarium Iron Nitrogen Magnet manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Samarium Iron Nitrogen Magnet by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Samarium Iron Nitrogen Magnet 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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