Global Ferrite Market Growth 2023-2029

Global Ferrite Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Ferrite Industry Forecast” looks at past sales and reviews total world Ferrite sales in 2022, providing a comprehensive analysis by region and market sector of projected Ferrite sales for 2023 through 2029. With Ferrite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ferrite industry.

This Insight Report provides a comprehensive analysis of the global Ferrite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ferrite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ferrite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ferrite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ferrite.

The global Ferrite market size is projected to grow from US$ 3902.8 million in 2022 to US$ 5300.9 million in 2029; it is expected to grow at a CAGR of 5300.9 from 2023 to 2029.

TDK is one of the most important global key players of ferrite, holds a share of about 10%, other key players include Hitachi Metals and DMEGC Inc, etc. China is the largest market, occupied for about 40 percent, followed by North America. In terms of type, permanent magnetic ferrite is the largest segment, with a share of over 50%, and in terms of application, the home appliances and consumer electronics segment holds a share of about 30 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Ferrite market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Soft Magnetic Ferrites
Permanent Magnetic Ferrites

Segmentation by application
Communication Industrial
Home Appliances and Consumer Electronics
Automotive Industrial
Photovoltaic Wind Power
Lighting Industrial
Computer and Office Equipment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TDK
Hitachi Metals
DMEGC
JPMF
SINOMAG TECHNOLOGY
Union Materials
BRIMM Magnetic Materials & Technology
Hunan Aerospace Magnet & Magneto
Kaiven Magnet
GUANGZHOU GOLDEN SOUTH MAGNETIC MATERIAL

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ferrite market?

What factors are driving Ferrite market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ferrite market opportunities vary by end market size?

How does Ferrite break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.