https://www.mlmagnet.com/product/ndfeb-magnet/ndfeb-ring-shape-magnet/ Their application in medical technology, such as MRI scanners, proves their value and resilience in high-performance systems. These magnets are also being utilized in green technology applications. Wind turbines, for example, use these magnets in their generators due to their ability to maintain a strong and constant magnetic field, thereby contributing a significant role in the renewable energy sector. Furthermore, their presence is quite prominent in the automotive industry. Sophisticated vehicle systems such as electric power steering and drive motors in hybrid and electric vehicles, heavily rely on these magnets for their respective functionality.