MARKET INTRODUCTION
Soft magnetic materials are defined as those materials which have steep rising magnetization curve along with comparatively narrow hysteresis loop and small energy losses for every cycle of magnetization. Such kinds of material are commonly used in the motor application as it improves the field produced by motor winding. Also, generally iron-based materials are incorporated in motor uses which includes iron-silicon and iron-cobalt alloys. Currently, powder metallurgical technique is used mainly to produce motor components. Soft magnetic materials helps to minimize eddy current loss which may cause increase in the efficiency of the motors.
MARKET DYNAMICS
The soft magnetic materials market has witnessed a significant growth owing to factors such as growing demand of soft magnetic materials from the automotive industry. Further, new product launches is significantly increasing their demand in the global soft magnetic materials market. However, volatility in the prices of raw material is projected to hamper the soft magnetic materials market growth over the projected period. Nevertheless, growing demand from emerging economis is further expected to fuel the growth of the market.
MARKET SCOPE
The "Global Soft Magnetic Materials Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the soft magnetic materials market with detailed market segmentation by material type, application, end use industry and geography. The global soft magnetic materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading soft magnetic materials market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global soft magnetic materials market is segmented on the basis of material type, application and end use industry. On the basis of material type, the soft magnetic materials market is segmented into electrical steel, soft ferrite, cobalt and others. On the basis of application, the soft magnetic materials market is segmented into motors, transformers, alternators and others. On the basis of end use industry, the soft magnetic materials market is segmented into automotive, electronics and telecommunications, electrical and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global soft magnetic materials market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The soft magnetic materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the soft magnetic materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soft magnetic materials market in these regions.
By Material Type
By Application
By End-Use Industry
MARKET PLAYERS
The reports cover key developments in the soft magnetic materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from soft magnetic materials market are anticipated to lucrative growth opportunities in the future with the rising demand for soft magnetic materials in the global market. Below mentioned is the list of few companies engaged in the soft magnetic materials market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the soft magnetic materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Soft magnetic materials are defined as those materials which have steep rising magnetization curve along with comparatively narrow hysteresis loop and small energy losses for every cycle of magnetization. Such kinds of material are commonly used in the motor application as it improves the field produced by motor winding. Also, generally iron-based materials are incorporated in motor uses which includes iron-silicon and iron-cobalt alloys. Currently, powder metallurgical technique is used mainly to produce motor components. Soft magnetic materials helps to minimize eddy current loss which may cause increase in the efficiency of the motors.
MARKET DYNAMICS
The soft magnetic materials market has witnessed a significant growth owing to factors such as growing demand of soft magnetic materials from the automotive industry. Further, new product launches is significantly increasing their demand in the global soft magnetic materials market. However, volatility in the prices of raw material is projected to hamper the soft magnetic materials market growth over the projected period. Nevertheless, growing demand from emerging economis is further expected to fuel the growth of the market.
MARKET SCOPE
The "Global Soft Magnetic Materials Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the soft magnetic materials market with detailed market segmentation by material type, application, end use industry and geography. The global soft magnetic materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading soft magnetic materials market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global soft magnetic materials market is segmented on the basis of material type, application and end use industry. On the basis of material type, the soft magnetic materials market is segmented into electrical steel, soft ferrite, cobalt and others. On the basis of application, the soft magnetic materials market is segmented into motors, transformers, alternators and others. On the basis of end use industry, the soft magnetic materials market is segmented into automotive, electronics and telecommunications, electrical and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global soft magnetic materials market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The soft magnetic materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the soft magnetic materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soft magnetic materials market in these regions.
Soft Magnetic Materials Market Report Analysis
Soft Magnetic Materials Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Ames SA
- Arnold Magnetic Technologies
- Daido Steel Co. Ltd
- GKN Sinter Metals
- Hitachi Metals Ltd.
- Mate Co. Ltd.
- SG Technologies
- Sintex A/S
- Steward Advanced Materials
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Material Type
- Electrical Steel
- Soft Ferrite
- Cobalt
By Application
- Motors
- Transformers
- Alternators
By End-Use Industry
- Automotive
- Electronics and Telecommunications
- Electrical
The reports cover key developments in the soft magnetic materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from soft magnetic materials market are anticipated to lucrative growth opportunities in the future with the rising demand for soft magnetic materials in the global market. Below mentioned is the list of few companies engaged in the soft magnetic materials market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the soft magnetic materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ames SA
- Arnold Magnetic Technologies
- Daido Steel Co. Ltd
- GKN Sinter Metals
- Hitachi Metals Ltd.
- Mate Co. Ltd.
- SG Technologies
- Sintex A/S
- Steward Advanced Materials
- Vacuumschmelze GmbH and Co. Kg
Soft Magnetic Materials Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Material Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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The List of Companies
1. Ames SA
2. Arnold Magnetic Technologies
3. Daido Steel Co. Ltd
4. GKN Sinter Metals
5. Hitachi Metals Ltd.
6. Mate Co. Ltd.
7. SG Technologies
8. Sintex A/S
9. Steward Advanced Materials
10. Vacuumschmelze GmbH and C0. Kg
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