Global Soft Magnetic Materials Supply, Demand and Key Producers, 2023-2029
The global Soft Magnetic Materials market size is expected to reach $ 2590.9 million by 2029, rising at a market growth of 1.1% CAGR during the forecast period (2023-2029).
Global key producers of soft magnetic materials include Proterial, Ltd., TDK, DMEGC, Qingdao Yunlu, TDG, and others. The top five producers together account for 25% of the market share, with the largest producer being Proterial, Ltd. with 6%. The global origins are mainly located in North America, China, Japan, Korea, Taiwan(China), and Europe. In terms of product categories, soft ferrite magnetic materials hold the largest market share with 67%, followed by metal magnetic powder materials and amorphous magnetic materials. In terms of applications, home appliances and consumer electronics are the top application areas, with a market share of nearly 30%. In addition, communication industry, automotive and transportation industry and photovoltaic wind power are also its main application areas.
Soft magnetic materials are those materials that are easily magnetised and demagnetised. They typically have intrinsic coercivity less than 1000 Am-1. They are used primarily to enhance and/or channel the flux produced by an electric current. Soft magnetic materials have been used widely in generators, transformers, and switching circuits.
This report studies the global Soft Magnetic Materials production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Soft Magnetic Materials, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Soft Magnetic Materials that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Soft Magnetic Materials total production and demand, 2018-2029, (Tonne)
Global Soft Magnetic Materials total production value, 2018-2029, (USD Million)
Global Soft Magnetic Materials production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tonne)
Global Soft Magnetic Materials consumption by region & country, CAGR, 2018-2029 & (Tonne)
U.S. VS China: Soft Magnetic Materials domestic production, consumption, key domestic manufacturers and share
Global Soft Magnetic Materials production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tonne)
Global Soft Magnetic Materials production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tonne)
Global Soft Magnetic Materials production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tonne)
This reports profiles key players in the global Soft Magnetic Materials market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Proterial, Ltd., TDK, DMEGC, Qingdao Yunlu, TDG, POCO Magnetic, MAGNETICS, CSC (Changsung Corp.) and ZheJiang NBTM KeDa (KDM), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Soft Magnetic Materials market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tonne) and average price (USD/Tonne) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Soft Magnetic Materials Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Soft Magnetic Materials Market, Segmentation by Type
Soft Ferrite Materials
Metal Magnetic Powder Materials
Amorphous Magnetic Materials
Nanocrystalline Soft Magnetic Materials
Others
Global Soft Magnetic Materials Market, Segmentation by Application
Communication
Home Appliances and Consumer Electronics
Automotive and Transportation
Photovoltaics and Wind Power
Lighting Industry
Computers and Office Equipment
Others
Companies Profiled:
Proterial, Ltd.
TDK
DMEGC
Qingdao Yunlu
TDG
POCO Magnetic
MAGNETICS
CSC (Changsung Corp.)
ZheJiang NBTM KeDa (KDM)
Advanced Technology
Acme Electronics
FERROXCUBE
Kaiyuan Magnetism
Samwha Electronics
Haining Lianfeng
Nanjing New Conda
Zhejiang Zhaojing
Dongbu Electronic Materials
Micrometals
Key Questions Answered
1. How big is the global Soft Magnetic Materials market?
2. What is the demand of the global Soft Magnetic Materials market?
3. What is the year over year growth of the global Soft Magnetic Materials market?
4. What is the production and production value of the global Soft Magnetic Materials market?
5. Who are the key producers in the global Soft Magnetic Materials market?
6. What are the growth factors driving the market demand?