Global Amorphous Metal Cores Market Analysis and Forecast 2024-2030

Global Amorphous Metal Cores Market Analysis and Forecast 2024-2030

Summary

The amorphous alloy is a non-crystal substance created by rapidly freezing liquids of high temperature. Because there is no rule of atomic arrangement, the energy loss (hysteresis loss) is small when the flux of magnetic induction passes through the iron core. In addition, eddy current loss is decreased because the thickness is approximately 0.03 mm, which is about 1/10 compared with silicon steel. Therefore, the no load loss (eddy current loss and hysteresis loss) can be decreased to about 1/5 of silicon steel's.
Amorphous metal is an alloy with a non-crystalline structure produced by ultra-rapid quenching (about 1 million ℃ per second) of molten alloy. Because amorphous metal has no anisotropic properties, which originated from a crystalline structure, and there are no crystalline grain boundaries to prevent motion of magnetic domain walls, it shows excellent magnetic properties such as high permeability and low loss while having a high-saturation magnetic flux density.
Amorphous metal cores are effective for most distribution transformers. They are ideally suited for renewable energy applications such as wind farm and solar power, as they typically operate with 20~40% low load conditions. Amorphous metal cores have been in use for over 20 years in liquid-filled transformers, and this technology is now being applied to dry type transformers.
Historically, there was an initial interest in amorphous core transformers which stemmed from the first oil shock in the mid-1970s when improved energy efficiency in power distribution systems was increasingly desirable. This interest fell away in the mid-1990s when energy costs decreased. Furthermore, the initial costs of an amorphous core transformer are higher than of a crystalline silicon steel core transformer: first, the amorphous material itself is more expensive than crystalline silicon steel and second, the saturation magnetic flux density of amorphous steel is lower than that of silicon steel. This means larger sizes of amorphous core transformers are required, which results in a higher cost per unit. However, the higher initial costs can be compensated by lower operating costs over the lifetime of the transformers due to their increased energy efficiency.
Nowadays, amorphous metal core transformers have become commercially available and are cost-competitive with conventional core transformers. There has also been significant technical progress in increasing the saturation magnetic flux density of iron-based amorphous alloys, resulting in smaller transformers and reduced material costs.
The amorphous metal used in transformer cores is a unique alloy of Fe–Si–B (iron, silicon and boron) that is produced by extremely rapid solidification from the alloy melt. This causes the metal atoms to form a random pattern, as opposed to conventional Cold-Rolled Grain-Oriented (CRGO) silicon steel (a Fe–Si alloy), which has an organized crystalline structure. The amorphous structure, usually associated with non-metallic systems looks like glass - which has prompted the name ‘glassy metal’ widely used for such materials.
The absence of a crystalline structure in amorphous metal allows easy magnetization of the material, leading to lower hysteresis losses. The eddy current losses are also lower in amorphous metal due to a combination of its low thickness and a high electrical resistivity of 130 μΩ-cm compared to the 51 μΩ-cm in CRGO silicon steels. Thus, amorphous metal has a much lower total loss than even the best grades of CRGO steel, by up to 70 percent.
Amorphous metal cores have a proven track-record of over 20 years in liquid-filled transformers and this technology is now being applied to dry-type transformers.

According to APO Research, The global Amorphous Metal Cores market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Amorphous Metal Cores is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Amorphous Metal Cores is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Amorphous Metal Cores is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Amorphous Metal Cores is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Amorphous Metal Cores include Hitachi, Advanced Technology, Zhixin Electric, Zhaojing Incorporated, Qingdao Yunlu, Foshan Catech, ENPAY, Mangal and Kotsons, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Amorphous Metal Cores production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Amorphous Metal Cores by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Amorphous Metal Cores, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Amorphous Metal Cores, also provides the consumption of main regions and countries. Of the upcoming market potential for Amorphous Metal Cores, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Amorphous Metal Cores sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Amorphous Metal Cores market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Amorphous Metal Cores sales, projected growth trends, production technology, application and end-user industry.

Amorphous Metal Cores segment by Company

Hitachi
Advanced Technology
Zhixin Electric
Zhaojing Incorporated
Qingdao Yunlu
Foshan Catech
ENPAY
Mangal
Kotsons
UAML
TI-Electronic
Amorphous Metal Cores segment by Type

C Core
E Core
Others
Amorphous Metal Cores segment by Application

Transformer
Inverter
Others
Amorphous Metal Cores segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Amorphous Metal Cores market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Amorphous Metal Cores and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Amorphous Metal Cores.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Amorphous Metal Cores production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Amorphous Metal Cores in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Amorphous Metal Cores manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Amorphous Metal Cores sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.