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Neodymium ring magnets are one of the most popular shapes of rare earth magnets and specified by the outer diameter Ø D, the inner diameter Ø D and the height H.
Axial magnetization and diametrical magnetization are the common type of magnetization. Neodymium rare earth ring magnets are widely used in applications as holding, motors, consumer electronics, medical, sensors and speakers. Due to the high magnetic strength of a rare earth magnet, it has replaced other magnetic materials to make a design smaller but achieve the same result. Neodymium ring magnets are hard and brittle and may chip or break if dropped.