Global Soft Magnetic Materials Market Growth 2023-2029

Global Soft Magnetic Materials Market Growth 2023-2029

Magnetic materials are important functional materials with wide application and various varieties. According to the application types, magnetic materials can be divided into soft magnetic materials and permanent magnetic materials. Soft magnetic material is a kind of magnetic material with low coercivity and high permeability. It is easy to magnetize and demagnetize. Its main function is to transfer and transmit electromagnetic energy, which is widely used in various power conversion equipment. Soft magnetic materials mainly include metal soft magnetic materials, ferrite soft magnetic materials and other soft magnetic materials.

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

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

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

The global Soft Magnetic Materials market size is projected to grow from US$ 2289.1 million in 2022 to US$ 2478.3 million in 2029; it is expected to grow at a CAGR of 2478.3 from 2023 to 2029.

Global Soft Magnetic Materials key players include TDK, DMEGC, VACUUMSCHMELZE, MAGNETICS, TDG, etc. Global top five players hold a share about 20%.

China is the largest market, with a share about 60%, followed by Taiwan, China and Japan, having a total share about 20 percent.

In terms of product, Soft Ferrite Materials is the largest segment, with a share about 80%. And in terms of application, the largest application is Communication, followed by Home Appliances and Consumer Electronics, Automotive, Solar Photovoltaic and Green Lights.

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

Market Segmentation:

Segmentation by type

Metal Alloy Soft Magnetic Materials

Soft Ferrite Materials

High Permeability Materials

Low Power Consumption Materials

Nickel Zinc Material (High Frequency Material)

Segmentation by application

Communication

Home Appliances and Consumer Electronics

Automotive

Solar Photovoltaic

Green Lights

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

DMEGC

MAGNETICS

TDG

Acme Electronics

FERROXCUBE

Nanjing New Conda

Haining Lianfeng

JPMF

Kaiyuan

Samwha Electronics

Hitachi Metals

NBTM New Materials

POCO

Key Questions Addressed in this Report

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

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

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

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

How does Soft Magnetic Materials 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.