Press release
Nano Crystalline Soft Magnetic Materials Market to ascend at 9.5% CAGR through 2031
There has been rise in use of nano crystalline soft magnetic materials in diverse range of applications of electric vehicles, such as converters, batteries, board chargers, and motors, to name a few. While excellent high switching frequency and low core loss properties of nano crystalline soft magnetic materials are attracting potential end-use industries, continuous efforts by manufacturers to develop more efficient products are also aiding market expansion.This Press Release will help you to understand the market Statistics of European Region.
Click HERE To get SAMPLE PDF (Including Full TOC, Table & Figures) at @ https://www.factmr.com/connectus/sample?flag=S&rep_id=771
According to Fact.MR, the global nano crystalline soft magnetic materials market is expected to ascend at around 9.5% CAGR during the forecast period of 2021 to 2031.
Key Takeaways from Study
• High demand for one dimensional nano crystalline soft magnetic materials to propel growth of the industry
• Rise in application in portable transformers to be witnessed
• Surge in demand from consumer electronics & applications industry to boost growth of manufacturers
• East Asia remains the highest consumer of nano crystalline soft magnetic materials, with the epicenter in China
• The United States remains the leading country in North America
• Germany to remain the dominating country in Europe
• The United Kingdom, India, Japan, Italy, France, and a few other countries remain lucrative markets for nano crystalline soft magnetic materials
To get exclusive insights on the keyword market, request for methodology here@ https://www.factmr.com/connectus/sample?flag=RM&rep_id=771
“As surge in demand for compact-sized power supply circuits with reduced weight is being witnessed, owing to high requirement from consumer electronics & applications and semiconductor industry, manufacturers of nano crystalline soft magnetic materials are projected get be benefited over the coming years,” says a Fact.MR analyst.
Growing Demand from Electric Vehicles Sector Catering to Market Growth
With increase in requirement for power electronics with the ability to offer high performance at high frequencies, demand for nano crystalline soft magnetic materials is rising rapidly from the electric vehicles industry.
According to a report titled “European Electric Vehicle Factbook 2019/2020”, published by The International Council on Clean Transportation (ICCT) on 17th July 2020, electric vehicle share of the European fleet reached 3.6% in 2019, up from 2.5% just one year earlier.
As stated in a report titled “Electric Vehicle Benefits”, published by the Office of Energy Efficiency & Renewable Energy, electric vehicles provide more than just individual benefits, while it can help the United States have a greater diversity of fuel choices available for transportation.
For in-depth competitive analysis, buy now@ https://www.factmr.com/checkout/771/S
Attributed to these aforementioned factors, demand for nano crystalline soft magnetic materials is spiraling upwards from this sector.
Who is Winning in this Space?
The global nano crystalline soft magnetic materials market is expanding fast, resulting in fiercer competition for key players. In order to sail through the competition, key market players are launching a broader range of products. For instance,
• Bomatec launched its new range of Amorphous and Nanocrystalline Strips and Products, Soft Magnetic composites, and others, a couple of years back.
• Magnetec launched its new NANOPERM, and other extensive range of nano crystalline soft magnetic materials, during the last 5 years.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/771/nano-crystalline-soft-magnetic-materials-market
Content Source: https://www.factmr.com/media-release/1847/nano-crystalline-soft-magnetic-materials-market-trends
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nano Crystalline Soft Magnetic Materials Market to ascend at 9.5% CAGR through 2031 here
News-ID: 2257518 • Views: …
More Releases from Fact.MR
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA …
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % between…
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; …
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032.
Market Drivers & Outlook
The demand for…
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva …
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems.
Key…
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico …
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rate…
More Releases for Unit
Global Transcutaneous Electrical Nerve Stimulation Unit Market, Transcutaneous E …
Global Transcutaneous Electrical Nerve Stimulation Unit Market Overview:
The Transcutaneous Electrical Nerve Stimulation Unit market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Transcutaneous Electrical Nerve Stimulation Unit market has experienced significant growth, driven by factors such as increasing consumer demand,…
Glycol Dehydration Unit Market Glycol Dehydration Unit Market 2028
Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028'. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook.
The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is…
Biodiesel Processing Unit
While reserves of petroleum are decreasing every passing day, energy consumption is increasing at 6.5% per annum. And for solving this issue many countries are implementing new policies for minimizing the usage of fossil fuels and increase the use of alternative sources like solar power and Biodiesel. Biodiesel is a diesel fuel substitute made from a variety of oils, fats, and greases which can become a cheaper alternative to fossil…
Jackfruit Processing Unit
The fruit processing sector has some undoubtedly potential Business Ideas, and Jackfruits processing is highly recommended because jackfruits are highly perishable tropical fruits, which helps in improving the immunity, replenishes the energy, cardiovascular health, regulates Blood Pressure, Digestion, treats the skin diseases, prevent/control asthma and many more awesome advantages of jackfruit consumption.
Rising demand for processed fruit product for secondary preparations, rising income, and resultant increased spending on food items is…
Pomegranate Processing unit
India is the second largest producer of Pomegranates in the world after Iran, still contributes only 5% pomegranate related international trades. India produces the finest edible Pomegranates, which are available almost throughout the year, which provides a tremendous potential for export of Pomegranate and its products from India.
Processing of the Pomegranates becomes essential in order to increase the utilization and reduce the wastage of the fruit. Pomegranates being rich in…
Coconut Processing Unit
Coconut is an important fruit in the Indian economy as the country is listed among the top Coconut producing countries in the world. The contribution of Coconut is about ₹27900 crore to India’s Gross Domestic Product (GDP).
Today's improved economic stability, spending power, nutritional requirements, and awareness are pushing consumers to shift their preferences.
Currently, Coconut water, Coconut milk/cream and Virgin Coconut Oil (VCO) are expected to be main growth drivers for…
