Global Iron-based Soft Magnetic Powder Market Growth 2024-2030
Soft magnetic powder is an alloy powder material that can quickly respond to changes in the external magnetic field and obtain high magnetic induction with low loss. It is one of the core raw materials for making soft magnetic materials. The soft magnetic material made of soft magnetic powder can be easily magnetized and demagnetized under a lower magnetic field, and has magnetic properties such as low coercive force and high magnetic permeability, low magnetic loss and electrical loss, and high stability.
The global Iron-based Soft Magnetic Powder market size is projected to grow from US$ 614 million in 2024 to US$ 1561 million in 2030; it is expected to grow at a CAGR of 16.8% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Iron-based Soft Magnetic Powder Industry Forecast” looks at past sales and reviews total world Iron-based Soft Magnetic Powder sales in 2023, providing a comprehensive analysis by region and market sector of projected Iron-based Soft Magnetic Powder sales for 2024 through 2030. With Iron-based Soft Magnetic Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Iron-based Soft Magnetic Powder industry.
This Insight Report provides a comprehensive analysis of the global Iron-based Soft Magnetic Powder 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 Iron-based Soft Magnetic Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Iron-based Soft Magnetic Powder market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Iron-based Soft Magnetic Powder 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 Iron-based Soft Magnetic Powder.
Global key players of Soft Magnetic Powder include POCO Magnetic, ZheJiang NBTM KeDa (KDM), CSC (Changsung Corp.), MAGNETICS, Nanjing New Conda Magnetic, etc. The top five players hold a share about 51%. China is the largest market, and has a share about 48%, followed by North America and Europe with share 17% and 11%, separately. In terms of product type, Alloy Soft Magnetic Powder is the largest segment, accounting for a share of 91%. In terms of application, Photovoltaics and Wind Power is the largest field with a share about 35 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Iron-based Soft Magnetic Powder market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Pure Iron Soft Magnetic Powder
Alloy Soft Magnetic Powder
Others
Segmentation by Application:
New Energy Vehicles
Photovoltaics and Wind Power
Household Appliances
UPS
Telecommunication
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 analysing the company's coverage, product portfolio, its market penetration.
POCO Magnetic
ZheJiang NBTM KeDa (KDM)
CSC (Changsung Corp.)
MAGNETICS
Nanjing New Conda Magnetic
Advanced Technology & Materials
Micrometals
Epson Atmix
Qingdao Yunlu Advanced Materials
Jiangxi Yuean Advanced Materials
Dongbu Electronic Materials
Proterial, Ltd. (Formerly Hitachi Metals)
Hunan Hualiu New Materials
Amogreentech
Samwha Electronics
Sandvik
Daido Steel
Hoganas
DOWA Electronics Materials
Yahao Materials & Technology
Nopion Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Iron-based Soft Magnetic Powder market?
What factors are driving Iron-based Soft Magnetic Powder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Iron-based Soft Magnetic Powder market opportunities vary by end market size?
How does Iron-based Soft Magnetic Powder break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.