Rare Earth Magnet Market: Growth Forecast and Strategic Opportunities in Electric Vehicles and Renewable Energy
The rare earth magnet market is poised for strong growth as global electrification, renewable energy adoption, and industrial automation continue to accelerate. Rare earth magnets, including NdFeB and SmCo, are widely used in electric vehicles, wind turbines, consumer electronics, robotics, aerospace, and medical devices. Their high magnetic strength, energy efficiency, and compact form factor...
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