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Mainly divided into permanent magnet material magnet castings (Cast Magnets), Ferrite Magnet (Ferrite Magnets), as well as rare earth magnets (Rare-earth Magnets), one of a Nd-Fe-B (Nd Fe B) permanent magnet for the bulk. Advanced electric motor on the Nd-Fe-B strong demand to the Toyota Prius as an example, the model equipped with a 60kW electric motor, the main electric motor to use more than two kilograms of Nd-Fe-B permanent . In addition to the new car market by energy derived from the explosive demand, the automotive market has been a long time are NdFeB magnet manufacturer, one of the main target markets: the average allocation per vehicle more than 40 motor (high-end models of electric motor more more than 100), a specific range of applications including electric power steering device, the electromagnetic control of intake valve, air-conditioning servo motor, ABS anti-lock braking system with motor, electric motor, such as driver seat. With the metal neodymium quotation rationalize NdFeB Magnet have the opportunity to gradually infiltrated into the past with high-value low-cost permanent magnet Ferrite Alnico magnet market share. Permanent magnet motor used in the field are not limited to automobiles, also include household appliances (Variable Air conditioning / refrigerator), wind power and other applications as key players, market segments including HDD VCM (hard drive voice coil motor), high-end motor / engine, MRI (NMR instruments), audio, communications equipment and so on.