Global Soft Magnetic Material Market By Material Type (Electrical Steel, Soft Ferrite, Cobalt, Others), Application (Motors, Transformers, Alternators, Others), End-Use Industry (Automotive, Electronics & Telecommunications, Electrical, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Soft Magnetic Materials Market
Soft magnetic material market will reach an estimated valuation of USD 45.89 billion by 2027, while registering this growth at a rate of 8.20% for the forecast period of 2020 to 2027. Data Bridge Market Research report on soft magnetic material market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The rising demand for soft magnetic materials from the automotive industry will help to impact the market growth in the forecast period of 2020 to 2027. Growth and upgrading of infrastructure, rising usage of soft magnetic materials in transformers, motors, and alternators, higher magnetic attributes over electric steel and new product launches of soft magnetic materials are some of the factors likely to propel the growth of the market. On the other hand, rising demand from emerging economies will further boost various opportunities that will lead to the growth of the soft magnetic material market in the forecast period of 2020 to 2027.
Fluctuating prices of raw materials will hamper the growth of the soft magnetic material market in the above mentioned forecast period.
This soft magnetic materials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research soft magnetic materials market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Soft Magnetic Materials Market Scope and Market Size
Soft magnetic materials market is segmented on the basis of material type, application, and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the soft magnetic materials market is segmented into soft ferrite, electrical steel, cobalt and others.
- On the basis of application, the soft magnetic materials market is segmented into motors, transformers, alternators and others.
- On the basis of end use, the soft magnetic materials market is segmented into automotive, electronics & telecommunications, electrical and others.
Soft Magnetic Materials Market Country Level Analysis
Soft magnetic materials market is analysed and market size, volume information is provided by country, material type, application, and end user as referenced above.
The countries covered in the soft magnetic materials market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific (APAC) caters a fortunate market scope for the soft magnetic materials business owing to the growing automotive and electronics & telecommunications industries in the region on a wide range. The high demand of end user industries among the consumer is appealing major players to establish production plants of soft magnetic materials in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Soft Magnetic Materials Market Share Analysis
Soft magnetic materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to soft magnetic materials market.
The major players covered in the soft magnetic materials market report are SG Technologies Ltd, VACUUMSCHMELZE GmbH & Co. KG, Steward Advanced Materials LLC, MATE CO., LTD, GKN Sinter Metals Engineering GmbH, Hitachi Metals, Ltd, Sintex a/s, Toshiba Materials Co Ltd, AMES SA, Daido Steel Co Ltd, Fluxtrol Inc, FJ Industries, Arnold Magnetic Technologies, Powder Metal Group (PMG). Amongst the M&A activities, Compass Group Management LLC, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Soft Magnetic Materials Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.