Global Soft Magnetic Core Market Growth 2023-2029

Global Soft Magnetic Core Market Growth 2023-2029

Soft magnetic materials exhibit magnetic properties only when they are subject to a magnetizing force such as the magnetic field created when current is passed through the wire surrounding a soft magnetic core. Soft ferromagnetic materials are generally associated with electrical circuits where they are used to amplify the flux generated by the electric currents. These materials can be used in alternating current (AC) as well as direct current (DC) electrical circuits.

A magnetic core is a piece of magnetic material with a high magnetic permeability used to confine and guide magnetic fields in electrical, electromechanical and magnetic devices such as electromagnets, transformers, electric motors, generators, inductors, magnetic recording heads, and magnetic assemblies.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Soft Magnetic Core 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 Soft Magnetic Core.

The global Soft Magnetic Core market size is projected to grow from US$ 3063.1 million in 2022 to US$ 3742.9 million in 2029; it is expected to grow at a CAGR of 3742.9 from 2023 to 2029.

The key players are Hitachi, TDK, Magnetics, AT&M, CSC, DMEGC, VACUUMSCHMELZE, TDG, POCO Magnetic, Delta Magnets Group, Fastron, Zhixin Electric, Zhaojing Incorporated, Qingdao Yunlu, Foshan Catech, Acme Electronics, Ferroxcube, Nanjing New Conda, Haining Lianfeng Magnet, JPMF Guangdong, KaiYuan Magnetism, ZheJiang NBTM KeDa, Samwha Electronics, Toshiba Materials and Huzhou Careful Magnetism, with about 55% market shares.

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

Market Segmentation:

Segmentation by type

Ferrite Core

Powder Core

Amorphous Core

Segmentation by application

SMPS

Power Inductors

Transformer

Inverter

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.

Hitachi

TDK

Magnetics

AT&M

CSC

DMEGC

VACUUMSCHMELZE

TDG

POCO Magnetic

Delta Magnets Group

Fastron

Zhixin Electric

Zhaojing Incorporated

Qingdao Yunlu

Foshan Catech

Acme Electronics

Ferroxcube

Nanjing New Conda

Haining Lianfeng Magnet

JPMF Guangdong

KaiYuan Magnetism

ZheJiang NBTM KeDa

Samwha Electronics

Toshiba Materials

Huzhou Careful Magnetism

Key Questions Addressed in this Report

What is the 10-year outlook for the global Soft Magnetic Core market?

What factors are driving Soft Magnetic Core market growth, globally and by region?

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

How do Soft Magnetic Core market opportunities vary by end market size?

How does Soft Magnetic Core 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.