Global Magnetostrictive Material Market Growth 2025-2031

Global Magnetostrictive Material Market Growth 2025-2031

The global Magnetostrictive Material market size is predicted to grow from US$ 178 million in 2025 to US$ 270 million in 2031; it is expected to grow at a CAGR of 7.2% from 2025 to 2031.

Magnetostrictive materials are a kind of materials with the mutual conversion of electromagnetic energy and mechanical energy. Because of their high energy density, high coupling coefficient and sensing and driving functions, they have been widely applied and developed in the field of intelligent materials as intelligent materials or corresponding devices.

GMMs are widely used in actuators and sensors due to their high accuracy and fast response to magnetic fields, making them ideal for precision applications in fields like robotics, aerospace, and industrial automation.

GMMs are used in smart materials and structures that adapt to environmental changes. They are essential in vibration damping, noise reduction, and structural health monitoring in industries like construction, aerospace, and automotive.

The increasing use of GMMs in active vibration control systems, particularly in manufacturing and transportation, is a strong market driver.

GMMs are being explored for their potential in improving the efficiency of renewable energy systems, particularly in wind turbines where vibration control and structural health monitoring are critical.

LP Information, Inc. (LPI) ' newest research report, the “Magnetostrictive Material Industry Forecast” looks at past sales and reviews total world Magnetostrictive Material sales in 2024, providing a comprehensive analysis by region and market sector of projected Magnetostrictive Material sales for 2025 through 2031. With Magnetostrictive Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetostrictive Material industry.

This Insight Report provides a comprehensive analysis of the global Magnetostrictive Material 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 Magnetostrictive Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetostrictive Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetostrictive Material 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 Magnetostrictive Material.

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

Segmentation by Type:
Terfenol-D
Galfenol
Other

Segmentation by Application:
Vibrators
Actuators
Sensors
Vibration Power Generation
Other

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.
TdVib
Grinm Advanced Materials
Suzhou Xunshi New Material
Suzhou A-one Special Alloy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnetostrictive Material market?

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

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

How do Magnetostrictive Material market opportunities vary by end market size?

How does Magnetostrictive Material break out by Type, by Application?

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