Press release
The major players profiled in the Soft Magnetic Materials Market include VACUUMSCHMELZE GmbH & Co. KG, GKN plc, Daido Kogyo Co. Ltd., Toshiba Materials Co., Ltd., Steward Advanced Materials Inc., AMES, MATE CO., LTD, Hitachi Metals, Ltd., Sintex A/S, and
Soft Magnetic Materials Market
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The demand for soft magnetic materials is expected to rise globally in the next four to five years, owing to various factors such as increase in demand for soft magnetic materials in electric & hybrid vehicles, introduction to nano-structured soft magnetic material, and rise in their demand in power transmission components. However, high cost of raw materials restrains the growth of the market. Increase in investment by the companies, especially in the developing nations, is expected to provide new opportunities for the market.
The soft magnetic materials market is segmented based on material, industry vertical, and geography. On the basis of material, the market is categorized into cobalt, iron, nickel, electric steel, alloys, and others. By industry vertical, it is classified into automotive, aviation, telecommunication, power, healthcare, and others. Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
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Soft Magnetic Materials Market by Material (Cobalt, Iron, Nickel, Electric Steel, Alloys, and Others) and Industry Vertical (Automotive, Aviation, Telecommunication, Power, Healthcare, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023
The major players profiled in the report include VACUUMSCHMELZE GmbH & Co. KG, GKN plc, Daido Kogyo Co. Ltd., Toshiba Materials Co., Ltd., Steward Advanced Materials Inc., AMES, MATE CO., LTD, Hitachi Metals, Ltd., Sintex A/S, and Sumitomo Metal Mining Co., Ltd.
Key Benefits
The study provides an in-depth analysis of the global soft magnetic material market to elucidate the prominent investment pockets from 2016 to 2023.
Current trends and future estimations are outlined to determine the overall market scenario.
The report provides information about the key drivers, restraints, and opportunities with a detailed impact analysis.
Soft Magnetic Materials Market Key Segments
By Material
Cobalt
Iron
Nickel
Electric Steel
Alloys
Others
By Industry Vertical
Automotive
Aviation
Telecommunication
Power
Healthcare
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Europe
Key Players
VACUUMSCHMELZE GmbH & Co. KG
GKN Plc.
Daido Kogyo Co. Ltd.
Toshiba Materials Co., Ltd.
Steward Advanced Materials Inc.
AMES
MATE CO., LTD
Hitachi Metals, Ltd.
Sintex A/S
Sumitomo Metal Mining Co., Ltd.
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