The most characteristic properties of magnets are their magnetic field strength, coercivity, and maximum energy product.
Magnets and magnetic materials:

• The magnetic field strength of rare earth magnets can be up to 1.4 Tesla, which is significantly stronger than traditional ferrite magnets.
• Neodymium magnets have excellent coercivity; their resistance to demagnetization is approximately 10 times higher than alnico magnets.
• Samarium-cobalt magnets have an excellent maximum energy product; their energy density can be up to 30 times higher than ferrite magnets.

Due to performance superior to that of conventional materials, advanced magnetic materials can enhance efficiency and reduce size in various applications.