Summary

The global market for Samarium Iron Nitrogen Magnet was estimated to be worth US$ 45.3 million in 2024 and is forecast to a readjusted size of US$ 68.0 million by 2031 with a CAGR of 5.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Samarium Iron Nitrogen Magnet cross-border industrial footprints, capital allocation patterns, 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.
This report aims to provide a comprehensive presentation of the global market for Samarium Iron Nitrogen Magnet, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Samarium Iron Nitrogen Magnet by region & country, by Type, and by Application.
The Samarium Iron Nitrogen Magnet market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
Market Segmentation
By Company
Daido Electronics
Sumitomo Metal Mining
Nichia Corporation
Magvalley
Segment by Type
Isotropic SmFeN Magnets
Anisotropic SmFeN Magnets
Segment by Application
Consumer Electronics
Consumer Goods
Automobile
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Samarium Iron Nitrogen Magnet manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Samarium Iron Nitrogen Magnet in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Samarium Iron Nitrogen Magnet in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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Table of Contents

1 Market Overview
1.1 Samarium Iron Nitrogen Magnet Product Introduction
1.2 Global Samarium Iron Nitrogen Magnet Market Size Forecast
1.2.1 Global Samarium Iron Nitrogen Magnet Sales Value (2020-2031)
1.2.2 Global Samarium Iron Nitrogen Magnet Sales Volume (2020-2031)
1.2.3 Global Samarium Iron Nitrogen Magnet Sales Price (2020-2031)
1.3 Samarium Iron Nitrogen Magnet Market Trends & Drivers
1.3.1 Samarium Iron Nitrogen Magnet Industry Trends
1.3.2 Samarium Iron Nitrogen Magnet Market Drivers & Opportunity
1.3.3 Samarium Iron Nitrogen Magnet Market Challenges
1.3.4 Samarium Iron Nitrogen Magnet Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Samarium Iron Nitrogen Magnet Players Revenue Ranking (2024)
2.2 Global Samarium Iron Nitrogen Magnet Revenue by Company (2020-2025)
2.3 Global Samarium Iron Nitrogen Magnet Players Sales Volume Ranking (2024)
2.4 Global Samarium Iron Nitrogen Magnet Sales Volume by Company Players (2020-2025)
2.5 Global Samarium Iron Nitrogen Magnet Average Price by Company (2020-2025)
2.6 Key Manufacturers Samarium Iron Nitrogen Magnet Manufacturing Base and Headquarters
2.7 Key Manufacturers Samarium Iron Nitrogen Magnet Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Samarium Iron Nitrogen Magnet
2.9 Samarium Iron Nitrogen Magnet Market Competitive Analysis
2.9.1 Samarium Iron Nitrogen Magnet Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Samarium Iron Nitrogen Magnet Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Samarium Iron Nitrogen Magnet as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Isotropic SmFeN Magnets
3.1.2 Anisotropic SmFeN Magnets
3.2 Global Samarium Iron Nitrogen Magnet Sales Value by Type
3.2.1 Global Samarium Iron Nitrogen Magnet Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Samarium Iron Nitrogen Magnet Sales Value, by Type (2020-2031)
3.2.3 Global Samarium Iron Nitrogen Magnet Sales Value, by Type (%) (2020-2031)
3.3 Global Samarium Iron Nitrogen Magnet Sales Volume by Type
3.3.1 Global Samarium Iron Nitrogen Magnet Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Samarium Iron Nitrogen Magnet Sales Volume, by Type (2020-2031)
3.3.3 Global Samarium Iron Nitrogen Magnet Sales Volume, by Type (%) (2020-2031)
3.4 Global Samarium Iron Nitrogen Magnet Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Consumer Electronics
4.1.2 Consumer Goods
4.1.3 Automobile
4.1.4 Others
4.2 Global Samarium Iron Nitrogen Magnet Sales Value by Application
4.2.1 Global Samarium Iron Nitrogen Magnet Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Samarium Iron Nitrogen Magnet Sales Value, by Application (2020-2031)
4.2.3 Global Samarium Iron Nitrogen Magnet Sales Value, by Application (%) (2020-2031)
4.3 Global Samarium Iron Nitrogen Magnet Sales Volume by Application
4.3.1 Global Samarium Iron Nitrogen Magnet Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Samarium Iron Nitrogen Magnet Sales Volume, by Application (2020-2031)
4.3.3 Global Samarium Iron Nitrogen Magnet Sales Volume, by Application (%) (2020-2031)
4.4 Global Samarium Iron Nitrogen Magnet Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Samarium Iron Nitrogen Magnet Sales Value by Region
5.1.1 Global Samarium Iron Nitrogen Magnet Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Samarium Iron Nitrogen Magnet Sales Value by Region (2020-2025)
5.1.3 Global Samarium Iron Nitrogen Magnet Sales Value by Region (2026-2031)
5.1.4 Global Samarium Iron Nitrogen Magnet Sales Value by Region (%), (2020-2031)
5.2 Global Samarium Iron Nitrogen Magnet Sales Volume by Region
5.2.1 Global Samarium Iron Nitrogen Magnet Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Samarium Iron Nitrogen Magnet Sales Volume by Region (2020-2025)
5.2.3 Global Samarium Iron Nitrogen Magnet Sales Volume by Region (2026-2031)
5.2.4 Global Samarium Iron Nitrogen Magnet Sales Volume by Region (%), (2020-2031)
5.3 Global Samarium Iron Nitrogen Magnet Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
5.4.2 North America Samarium Iron Nitrogen Magnet Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
5.5.2 Europe Samarium Iron Nitrogen Magnet Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
5.6.2 Asia Pacific Samarium Iron Nitrogen Magnet Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
5.7.2 South America Samarium Iron Nitrogen Magnet Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
5.8.2 Middle East & Africa Samarium Iron Nitrogen Magnet Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Samarium Iron Nitrogen Magnet Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Samarium Iron Nitrogen Magnet Sales Value and Sales Volume
6.2.1 Key Countries/Regions Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
6.2.2 Key Countries/Regions Samarium Iron Nitrogen Magnet Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
6.3.2 United States Samarium Iron Nitrogen Magnet Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Samarium Iron Nitrogen Magnet Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
6.4.2 Europe Samarium Iron Nitrogen Magnet Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Samarium Iron Nitrogen Magnet Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
6.5.2 China Samarium Iron Nitrogen Magnet Sales Value by Type (%), 2024 VS 2031
6.5.3 China Samarium Iron Nitrogen Magnet Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
6.6.2 Japan Samarium Iron Nitrogen Magnet Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Samarium Iron Nitrogen Magnet Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
6.7.2 South Korea Samarium Iron Nitrogen Magnet Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Samarium Iron Nitrogen Magnet Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
6.8.2 Southeast Asia Samarium Iron Nitrogen Magnet Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Samarium Iron Nitrogen Magnet Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Samarium Iron Nitrogen Magnet Sales Value, 2020-2031
6.9.2 India Samarium Iron Nitrogen Magnet Sales Value by Type (%), 2024 VS 2031
6.9.3 India Samarium Iron Nitrogen Magnet Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Daido Electronics
7.1.1 Daido Electronics Company Information
7.1.2 Daido Electronics Introduction and Business Overview
7.1.3 Daido Electronics Samarium Iron Nitrogen Magnet Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Daido Electronics Samarium Iron Nitrogen Magnet Product Offerings
7.1.5 Daido Electronics Recent Development
7.2 Sumitomo Metal Mining
7.2.1 Sumitomo Metal Mining Company Information
7.2.2 Sumitomo Metal Mining Introduction and Business Overview
7.2.3 Sumitomo Metal Mining Samarium Iron Nitrogen Magnet Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Sumitomo Metal Mining Samarium Iron Nitrogen Magnet Product Offerings
7.2.5 Sumitomo Metal Mining Recent Development
7.3 Nichia Corporation
7.3.1 Nichia Corporation Company Information
7.3.2 Nichia Corporation Introduction and Business Overview
7.3.3 Nichia Corporation Samarium Iron Nitrogen Magnet Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Nichia Corporation Samarium Iron Nitrogen Magnet Product Offerings
7.3.5 Nichia Corporation Recent Development
7.4 Magvalley
7.4.1 Magvalley Company Information
7.4.2 Magvalley Introduction and Business Overview
7.4.3 Magvalley Samarium Iron Nitrogen Magnet Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Magvalley Samarium Iron Nitrogen Magnet Product Offerings
7.4.5 Magvalley Recent Development
8 Industry Chain Analysis
8.1 Samarium Iron Nitrogen Magnet Industrial Chain
8.2 Samarium Iron Nitrogen Magnet Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Samarium Iron Nitrogen Magnet Sales Model
8.5.2 Sales Channel
8.5.3 Samarium Iron Nitrogen Magnet Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer