Global Amorphous Metal Cores Market Research Report 2023(Status and Outlook)

Global Amorphous Metal Cores Market Research Report 2023(Status and Outlook)



Report Overview

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.

The Global Amorphous Metal Cores Market Size was estimated at USD 895.80 million in 2022 and is projected to reach USD 1382.94 million by 2029, exhibiting a CAGR of 6.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Amorphous Metal Cores market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Amorphous Metal Cores Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Amorphous Metal Cores market in any manner.

Global Amorphous Metal Cores Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Hitachi

Advanced Technology

Zhixin Electric

Zhaojing Incorporated

Qingdao Yunlu

Foshan Catech

ENPAY

Mangal

Kotsons

UAML

TI-Electronic

Market Segmentation (by Type)

C Core

E Core

Others

Market Segmentation (by Application)

Clip-in

Fusion & Pre-Bonded

Tape-in

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Amorphous Metal Cores Market

Overview of the regional outlook of the Amorphous Metal Cores Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Amorphous Metal Cores
1.2 Key Market Segments
1.2.1 Amorphous Metal Cores Segment by Type
1.2.2 Amorphous Metal Cores Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Amorphous Metal Cores Market Overview
2.1 Global Market Overview
2.1.1 Global Amorphous Metal Cores Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Amorphous Metal Cores Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Amorphous Metal Cores Market Competitive Landscape
3.1 Global Amorphous Metal Cores Sales by Manufacturers (2018-2023)
3.2 Global Amorphous Metal Cores Revenue Market Share by Manufacturers (2018-2023)
3.3 Amorphous Metal Cores Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Amorphous Metal Cores Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Amorphous Metal Cores Sales Sites, Area Served, Product Type
3.6 Amorphous Metal Cores Market Competitive Situation and Trends
3.6.1 Amorphous Metal Cores Market Concentration Rate
3.6.2 Global 5 and 10 Largest Amorphous Metal Cores Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Amorphous Metal Cores Industry Chain Analysis
4.1 Amorphous Metal Cores Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Amorphous Metal Cores Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Amorphous Metal Cores Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Amorphous Metal Cores Sales Market Share by Type (2018-2023)
6.3 Global Amorphous Metal Cores Market Size Market Share by Type (2018-2023)
6.4 Global Amorphous Metal Cores Price by Type (2018-2023)
7 Amorphous Metal Cores Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Amorphous Metal Cores Market Sales by Application (2018-2023)
7.3 Global Amorphous Metal Cores Market Size (M USD) by Application (2018-2023)
7.4 Global Amorphous Metal Cores Sales Growth Rate by Application (2018-2023)
8 Amorphous Metal Cores Market Segmentation by Region
8.1 Global Amorphous Metal Cores Sales by Region
8.1.1 Global Amorphous Metal Cores Sales by Region
8.1.2 Global Amorphous Metal Cores Sales Market Share by Region
8.2 North America
8.2.1 North America Amorphous Metal Cores Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Amorphous Metal Cores Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Amorphous Metal Cores Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Amorphous Metal Cores Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Amorphous Metal Cores Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Hitachi
9.1.1 Hitachi Amorphous Metal Cores Basic Information
9.1.2 Hitachi Amorphous Metal Cores Product Overview
9.1.3 Hitachi Amorphous Metal Cores Product Market Performance
9.1.4 Hitachi Business Overview
9.1.5 Hitachi Amorphous Metal Cores SWOT Analysis
9.1.6 Hitachi Recent Developments
9.2 Advanced Technology
9.2.1 Advanced Technology Amorphous Metal Cores Basic Information
9.2.2 Advanced Technology Amorphous Metal Cores Product Overview
9.2.3 Advanced Technology Amorphous Metal Cores Product Market Performance
9.2.4 Advanced Technology Business Overview
9.2.5 Advanced Technology Amorphous Metal Cores SWOT Analysis
9.2.6 Advanced Technology Recent Developments
9.3 Zhixin Electric
9.3.1 Zhixin Electric Amorphous Metal Cores Basic Information
9.3.2 Zhixin Electric Amorphous Metal Cores Product Overview
9.3.3 Zhixin Electric Amorphous Metal Cores Product Market Performance
9.3.4 Zhixin Electric Business Overview
9.3.5 Zhixin Electric Amorphous Metal Cores SWOT Analysis
9.3.6 Zhixin Electric Recent Developments
9.4 Zhaojing Incorporated
9.4.1 Zhaojing Incorporated Amorphous Metal Cores Basic Information
9.4.2 Zhaojing Incorporated Amorphous Metal Cores Product Overview
9.4.3 Zhaojing Incorporated Amorphous Metal Cores Product Market Performance
9.4.4 Zhaojing Incorporated Business Overview
9.4.5 Zhaojing Incorporated Amorphous Metal Cores SWOT Analysis
9.4.6 Zhaojing Incorporated Recent Developments
9.5 Qingdao Yunlu
9.5.1 Qingdao Yunlu Amorphous Metal Cores Basic Information
9.5.2 Qingdao Yunlu Amorphous Metal Cores Product Overview
9.5.3 Qingdao Yunlu Amorphous Metal Cores Product Market Performance
9.5.4 Qingdao Yunlu Business Overview
9.5.5 Qingdao Yunlu Amorphous Metal Cores SWOT Analysis
9.5.6 Qingdao Yunlu Recent Developments
9.6 Foshan Catech
9.6.1 Foshan Catech Amorphous Metal Cores Basic Information
9.6.2 Foshan Catech Amorphous Metal Cores Product Overview
9.6.3 Foshan Catech Amorphous Metal Cores Product Market Performance
9.6.4 Foshan Catech Business Overview
9.6.5 Foshan Catech Recent Developments
9.7 ENPAY
9.7.1 ENPAY Amorphous Metal Cores Basic Information
9.7.2 ENPAY Amorphous Metal Cores Product Overview
9.7.3 ENPAY Amorphous Metal Cores Product Market Performance
9.7.4 ENPAY Business Overview
9.7.5 ENPAY Recent Developments
9.8 Mangal
9.8.1 Mangal Amorphous Metal Cores Basic Information
9.8.2 Mangal Amorphous Metal Cores Product Overview
9.8.3 Mangal Amorphous Metal Cores Product Market Performance
9.8.4 Mangal Business Overview
9.8.5 Mangal Recent Developments
9.9 Kotsons
9.9.1 Kotsons Amorphous Metal Cores Basic Information
9.9.2 Kotsons Amorphous Metal Cores Product Overview
9.9.3 Kotsons Amorphous Metal Cores Product Market Performance
9.9.4 Kotsons Business Overview
9.9.5 Kotsons Recent Developments
9.10 UAML
9.10.1 UAML Amorphous Metal Cores Basic Information
9.10.2 UAML Amorphous Metal Cores Product Overview
9.10.3 UAML Amorphous Metal Cores Product Market Performance
9.10.4 UAML Business Overview
9.10.5 UAML Recent Developments
9.11 TI-Electronic
9.11.1 TI-Electronic Amorphous Metal Cores Basic Information
9.11.2 TI-Electronic Amorphous Metal Cores Product Overview
9.11.3 TI-Electronic Amorphous Metal Cores Product Market Performance
9.11.4 TI-Electronic Business Overview
9.11.5 TI-Electronic Recent Developments
10 Amorphous Metal Cores Market Forecast by Region
10.1 Global Amorphous Metal Cores Market Size Forecast
10.2 Global Amorphous Metal Cores Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Amorphous Metal Cores Market Size Forecast by Country
10.2.3 Asia Pacific Amorphous Metal Cores Market Size Forecast by Region
10.2.4 South America Amorphous Metal Cores Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Amorphous Metal Cores by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Amorphous Metal Cores Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Amorphous Metal Cores by Type (2024-2029)
11.1.2 Global Amorphous Metal Cores Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Amorphous Metal Cores by Type (2024-2029)
11.2 Global Amorphous Metal Cores Market Forecast by Application (2024-2029)
11.2.1 Global Amorphous Metal Cores Sales (K MT) Forecast by Application
11.2.2 Global Amorphous Metal Cores Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings