Soft Magnetic Materials at a CAGR of 8.9% over year 2018-2026 to be valued close to US$ 40 Bn by 2026 end : Western Europe Projected to Gain More Than 15% Market Value Share

Press Release – 11 Jan 2019
Research and Development News --
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Latest Update "Soft Magnetic Materials: Western Europe Projected to Gain More Than 15% Market Value Share by 2026 End" with Industries Survey | Global Current Growth and Future.
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“Report Description”

The value chain analysis of the global soft magnetic materials market comprises soft magnetic materials manufacturers, component manufacturers and end users. The report begins with the market definition. The market dynamics section includes Persistence Market Researchs analysis of key trends, drivers, restraints, opportunities and macro-economic factors influencing the development of the global soft magnetic materials market. The report analyzes the global soft magnetic materials market on the basis of material type, application and region and presents a forecast by value for the next 10 years. The global soft magnetic materials market has been further analyzed in terms of basis point share (BPS) to understand individual segments relative contributions to market growth. This detailed level of information is important for identifying various key trends in the global soft magnetic materials market.
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A competitive landscape has been included in the last section of the report to provide a dashboard view of key companies operating in the global soft magnetic materials market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the global soft magnetic materials market and the potential players. This section also includes market strategies and SWOT analysis of the main players operational in the global soft magnetic materials market. Detailed profiles of soft magnetic materials manufacturers are also included in the scope of the report to evaluate their long- and short-term strategies.

“Global Soft Magnetic Materials Market: Segmentation”

By Material Type
- SMC
- Pure Iron/Iron Powder
- Silicon Ferrite
- Supermalloy
- Permalloy
- Soft Ferrite
- Fe Amorphous
- Nano Crystalline
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By Application
- Transformers
- Portable
- Transmission
- Distribution
- Motors
- 1 hp-100hp
- 101 hp-200 hp
- 201hp-1000hp
- Above 1000hp
- Inductors
- Generators

By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Japan
- APEJ
- Middle East and Africa

“Research Methodology”

Material-wise weighted Average Selling Price (ASP) has been considered to deduce market values. Factors such as GDP, industry growth, and steel annual growth rate has been considered while inspecting the global soft magnetic materials market. Top-down approach has been used to assess market numbers for each product category, while bottom-up approach has been used to counter validate the market estimations. Market volume is inferred through in-depth secondary research and validated from industry experts through primary interviews. Each interview is thoroughly analyzed and average market volume is deduced and reconfirmed prior to incorporating in the report.

The market value of the global soft magnetic materials market is thus calculated from the data deduced from the average selling price and market volume. For the 10-year forecast of the global soft magnetic materials market, various macroeconomic factors and changing trends have been observed, giving an idea about the future of the market. Other important factors considered to arrive at market forecast include size of the current market, inputs from the demand side and the supply side and other dynamics shaping the scenario of the global soft magnetic materials market. In the compilation of this report, the forecast is conducted in terms of CAGR, while other important criteria such as year-on-year growth and absolute dollar opportunity have also been incorporated presenting clear insights into future opportunities likely to emerge in the global soft magnetic materials market.

Company Profiles
- Hitachi Metals Ltd
- GKN plc
- Toshiba Corp (Toshiba Materials Co., Ltd.)
- PMG Holding GmbH
- Sumitomo Metal Mining Co., Ltd.
- VACUUMSCHMELZE GmbH & Co. KG
- Rio Tinto PLC
- Höganäs AB
- voestalpine Stahl GmbH
- Hengdian Group DMEGC Magnetics Co., Ltd.
- Others

In a new publication titled Soft Magnetic Materials Market: Global Industry Analysis and Forecast, 20162026, Persistence Market Research provides a comprehensive study of the global soft magnetic materials market. While inspecting this market, the analysts have observed that companies are looking to capitalize on market opportunities in the APEJ region. The researchers have further observed that factors such as a cheap labor force, the growing automotive industry and a vast electrical and electronics hub make the APEJ region quite important for manufacturers to increase their sales revenue.

The overall market approach has been studied and the expert team of analysts have come to a conclusion that soft magnetic materials manufacturers work closely to cater to increasing demand for lightweight and high performance materials. Most of the companies are vertically integrated across the supply chain. Apart from this, the researchers have felt a need to target Fe amorphous and nano crystalline materials as they are technically advanced materials that are increasingly used in high end applications.

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