DUBLIN , Jan. 23, 2023 /PRNewswire/ -- The "Samarium Cobalt Magnets Market: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global samarium cobalt magnets market size reached US$ 534 Million in 2021. Looking forward, the publisher expects the market to reach US$ 641.3 Million by 2027, exhibiting a CAGR of 3.1% during 2021-2027.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. Samarium cobalt (SmCo) magnets are made using samarium, cobalt, and iron. They are strong permanent magnets that are widely known for their exceptional magnetic strength and high resistance to corrosion or demagnetization. They offer excellent thermal stability and can withstand very high operating temperatures.

As they are very strong and brittle yet susceptible to chipping and cracking, they require storage in low humidity and mild temperature, as well as proper handling and packing. SmCo magnets are employed in numerous end use industries, such as defense and aerospace, across the globe due to their advantageous properties. This represents one of the key factors strengthening the growth of the market. For instance, they are used in the manufacturing of consumer electronics and medical equipment across the globe. They are also utilized in military weapons and several systems of aircraft to generate power.

Apart from this, there is a rise in the demand for miniaturization of equipment and high magnetic strength in new and existing applications.

This, in turn, is positively influencing the overall sales of SmCo magnets worldwide. Furthermore, with the growing environmental concerns among individuals and governing authorities, there is a considerable increase in the demand for electric and hybrid vehicles around the world.

This is positively influencing the usage of these magnets in the automotive sector. Additionally, leading players are engaging in merger and acquisition (M&A) activities to increase their existing market reach, which is anticipated to fuel the market growth. Competitive Landscape: The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are NingBo NingGang Permanent Magnetic Materials Co., Ltd. (NGYC), Ningbo Ketian Magnet Co., Ltd., Arnold Magnetic Technologies Corporation, ADAMS Magnetic Products Co., Bunting, Eclipse Magnetics Ltd., Hangzhou Permanent Magnet Group Ltd. and Thomas & Skinner Inc. Key Questions Answered in This Report 1. What is the size of the global samarium cobalt magnets market? 2. What are the key factors driving the global samarium cobalt magnets market? 3. What has been the impact of COVID-19 on the global samarium cobalt magnets market? 4. What is the breakup of the global samarium cobalt magnets market based on the application? 5. What are the key regions in the global samarium cobalt magnets market?

Estimated Market Value (USD) in 2021

Forecasted Market Value (USD) by 2027

Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Rare Earth Magnets Industry 5.1 Market Overview 5.2 Market Performance 5.2.1 Sales Volume Trends 5.2.2 Sales Value Trends 5.3 Market Breakup by Magnet Type 5.4 Market Breakup by Application 5.5 Market Forecast 5.6 Major Players 6 Global Samarium Cobalt Magnet Industry 6.1 Market Overview 6.2 Market Performance 6.2.1 Volume Trends 6.2.2 Value Trends 6.3 Impact of COVID-19 6.4 Price Analysis 6.4.1 Key Price Indicators 6.4.2 Price Structure 6.4.3 Price Trends 6.5 Market Breakup by Region 6.6 Market Breakup by Application 6.7 Market Forecast 6.8 SWOT Analysis 6.9 Value Chain Analysis 6.10 Porter's Five Forces Analysis 6.11 Key Success and Risk Factors for Manufacturers 7 Market Performance by Region 7.1 China 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 USA 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Europe 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Others 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by Applications 8.1 Defence 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Aerospace 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Electronics 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Medical Devices 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Others 8.5.1 Market Trends 8.5.2 Market Forecast 9 Competitive Landscape 9.1 Competitive Structure 9.2 Key Players 9.3 Key Player Profiles 9.3.1 NingBo NingGang Permanent Magnetic Materials Co., Ltd. (NGYC) 9.3.2 Ningbo Ketian Magnet Co., Ltd. 9.3.3 Arnold Magnetic Technologies Corporation 9.3.4 ADAMS Magnetic Products Co. 9.3.5 Bunting 9.3.6 Eclipse Magnetics Ltd. 9.3.7 Hangzhou Permanent Magnet Group Ltd. 9.3.8 Thomas & Skinner Inc. 10 Samarium Cobalt (SmCo) Magnets Manufacturing Process 10.1 Product Overview 10.2 Detailed Process Flow 10.3 Various Types of Unit Operations Involved 10.4 Mass Balance and Raw Material Requirements 11 Project Details, Requirements and Costs Involved 11.1 Land Requirements and Expenditures 11.2 Construction Requirements and Expenditures 11.3 Plant Machinery 11.4 Machinery Pictures 11.5 Raw Material Requirements and Expenditures 11.6 Raw Material and Final Product Pictures 11.7 Packaging Requirements and Expenditures 11.8 Transportation Requirements and Expenditures 11.9 Utility Requirements and Expenditures 11.10 Manpower Requirements and Expenditures 11.11 Other Capital Investments 12 Loans and Financial Assistance 13 Project Economics 13.1 Capital Cost of the Project 13.2 Techno-Economic Parameters 13.3 Product Pricing 13.4 Income Projections 13.5 Expenditure Projections 13.6 Taxation and Depreciation 13.7 Financial Analysis 13.8 Profit Analysis

For more information about this report visit https://www.researchandmarkets.com/r/qs7lec

Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com   For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900   U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/641-3-million-worldwide-samarium-cobalt-magnets-industry-to-2027---featuring-ningbo-ketian-magnet-arnold-magnetic-technologies-and-adams-magnetic-products-among-others-301727956.html

The heavy selling pressure might have exhausted for Sorrento Therapeutics (SRNE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

(Bloomberg) -- Warren Buffett slashed his holding of Taiwan Semiconductor Manufacturing Co. just months after disclosing a major stake, an unusually quick reversal by the legendary stock picker that’s chilling investor sentiment toward the chip giant.Most Read from BloombergUS Says 3 Mystery Objects Likely Private, With No China LinkNew Cars Are Only for the Rich Now as Automakers Rake In ProfitsGunman Kills Three at Michigan State; Suspect Found DeadAmerica's Priciest Neighborhoods Are Changing

A new study looked at the prices at several fast-casual and fast-food chains, and at how diners feel about the value offered relative to cost.

Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all U.S. farmland in his 11th appearance in an “Ask Me Anything” (AMA) session on Reddit. What Happened: Gates, answering dozens of questions over the course of a few hours during the AMA, including: “Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?” In respon

The legendary financier continued to buy Tesla shares in the fourth quarter despite the electric vehicle maker's stock market rout.

Once positioning recovers, Q1 is in our view likely to mark the high point of the market, says JPMorgan, one of last year's biggest bulls.

Last year’s bearish trend has turned on a dime into 2023’s bull run, and the question now is, what next? One prominent name to wade in on the matter is billionaire Ken Fisher. With a history of decades-long investing success, Fisher knows a thing or two about market behavior. The Fisher Investments founder famously started his independent money management firm with just $250 in 1979, a company that is now a $197-plus billion going concern, while Fisher’s own net worth stands north of $5 billion.

(Bloomberg) -- Asset manager Vanguard Group plans to shutter a US mutual fund for the first time since the throes of the pandemic.Most Read from BloombergNew Cars Are Only for the Rich Now as Automakers Rake In ProfitsGunman Kills Three at Michigan State; Suspect Found DeadUS Says 3 Mystery Objects Likely Private, With No China LinkAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich Move to FloridaUS Inflation Stays Elevated, Adding Pressure for More Fed HikesThe $98 million Vanguard

Berkshire Hathaway Inc. revealed several changes to its stock portfolio in documents filed with the Securities and Exchange Commission Tuesday. Many investors follow the company's moves closely because of Buffett's remarkably successful investing record over the decades. Berkshire picked up nearly 21 million more shares in the iPhone maker during the final three months of last year to give it 915.6 million shares at the end of 2022.

Devon Energy Corp (NYSE: DVN) shares are trading lower in Tuesday’s after-hours session after the company reported fourth-quarter results. What Happened: Devon Energy reported adjusted fourth-quarter earnings of $1.66 per share, which missed average analyst estimates of $1.75 per share, according to data from Benzinga Pro. Operating cash flow totaled $1.9 billion in the fourth quarter, up 18% year-over-year, resulting in $1.1 billion in free cash flow for the quarter. Devon Energy said productio

Stocks moving in after-hours: Airbnb, TripAdvisor, Devon Energy

Just because the S&P 500 index has leaped 8% so far this year doesn't mean that all stocks are overvalued.

Berkshire Hathaway, for the first time in years, neither added a brand new position nor fully liquidated an existing holding in the fourth quarter.

When Cathy Wood' buys, investors pay attention, and in February she has purchased a lot of crypto exchange Coinbase . Coinbase has been a frequent buying target for Wood's Ark Invest fund in 2023, but while the fund has spent tens of millions of dollars on Coinbase, there hadn't been any new purchases since mid-January. Ark on Friday purchased 139,105 Coinbase shares for the ARK Innovation ETF .

When investing in your future, it is important to understand how much income you can expect from your nest egg. Many people use the 4% Rule to calculate how much you can safely withdraw from your portfolio, but is that … Continue reading → The post How Much Interest Does $3 Million Pay? appeared first on SmartAsset Blog.

Warren Buffett ‘s Berkshire Hathaway sold more shares than it bought in the final quarter of 2022, a regulatory filing Tuesday showed. The moves were revealed in Berkshire’s 13F filing, a form that institutional investors that manage more than $100 million are required to file to the U.S. Securities and Exchange Commission within 45 days of the end of each quarter.

Barrick's (GOLD) fourth-quarter results are expected to reflect the benefits of improved gold prices and strong gold production.

(Bloomberg) -- Wall Street’s reaction to Tuesday’s consumer-price index shows investors are realizing inflation is likely to remain higher than the Federal Reserve’s goal for longer. Two heavyweight market voices say the 2% target is part of the problem.Most Read from BloombergUS Says 3 Mystery Objects Likely Private, With No China LinkNew Cars Are Only for the Rich Now as Automakers Rake In ProfitsGunman Kills Three at Michigan State; Suspect Found DeadAmerica's Priciest Neighborhoods Are Chang

The U.S. is selling oil from the Strategic Petroleum Reserve and that's affecting oil prices, and we also look at moves being made at Amazon and Ford. The Biden administration plans to sell another 26 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) and that news is weighing on oil prices. Next week brings the February Flash PMI data from S&P Global (SPGI), which could either support or conflict with Bank of America's findings we mentioned earlier.

One example: The company's stake in Apple rose slightly, but that wasn't because Warren Buffett bought more shares.