Press release
(2022 - 2027) Soft Magnet Powder Market is Thriving Worldwide with Top Growing Companies - SG Technologies Ltd., Daido Steel Co. Ltd., Hitachi Metals Ltd.
Get a Sample Copy of Report (Including Full TOC, List of Tables, Chart): https://www.fairfieldmarketresearch.com/report/soft-magnet-powder-market/request-sample
Automotive Industry Remains a Significant Consumer
Automotive industry has been among the key consumers of power electronics when it comes to achieving higher reliability, and improved efficiency of auto electronics. Moreover, several auto electronic components like inductors have been undergoing a dimensional reduction, which drives measurable consumption of soft magnet powder. With more automakers raising demand for soft magnet powder for facilitated dimensional reduction, and enhanced operational efficiency, sales are likely to be on an upswing.
The potentially rising usage of soft magnet powder in fully and hybrid electric vehicles further points to a wealth of opportunities appearing on the horizon. In addition, the electric vehicle industry is projected to register consistent uptake of soft magnet powder to leverage the perceived benefits, i.e., lesser noise generation, improved energy saving, and compact design.
Demand Surge in Electrical Steel Bodes Well for Soft Magnet Powder Market
Over the recent past, powder metallurgy has undergone a transformation as it penetrates further into various electrical applications. In this backdrop, one of the most popular products of powder metallurgy, i.e., electrical steel has been experiencing substantial demand in transformers, motors, and generator materials. As electrical steel offers a range of functional advantages like enhanced safety, and cost efficiency, demand is likely to remain afloat in future. Flourishing prospects of electrical steel are thus anticipated to contribute toward market growth to a large extent.
Manufacturers Expect a Volley of Potential Opportunities in Asia Pacific
Flourishing urbanisation, and industrialisation across the developing Asian nations has been generating exploding demand for electricity. Surging adoption of advanced powder metallurgy across industries is expected to boost the growth soft magnet powder market in Asia Pacific. The scenario has consequently fostered transformer and motor sales in the region, show the primary findings of the report. Augmenting investments motor and transformer manufacturing are also projected to offer an impetus to market growth here.
Exponential growth of auto industry in Asian leaders like China, and India will continue to complement the market, making these economies the key markets for soft magnet powder manufacturers. Opportunities are likely to spring up rapidly on the back of thriving electric vehicle market. In addition, China's primacy in electric bus market is expected to create a steady stream of revenue generation opportunities for major participants in soft magnet powder market.
Do You Have Any Query or Specific Requirement? Request Customization of Report: https://www.fairfieldmarketresearch.com/report/soft-magnet-powder-market/request-customization
Key Players in Global Soft Magnet Powder Market
The global soft magnet powder market report would include a dedicated section to cover the detailed competitive analysis, both financial and strategic. Some of the significant players that would be profiled in this section, include Hitachi Metals Ltd., Daido Steel Co. Ltd., SG Technologies Ltd., Mate Co. Ltd., and Steward Advanced Materials.
Global Soft Magnet Powder Market is Segmented as Below:
By Product
• Soft Ferrite
• Electrical Steel
• Amorphous Steel
• Cold-Rolled Lamination Steel
• Cobalt
• Silicon Steels
• Low Carbon Steel Alloy
• Aluminum
• Phosphorus
• Chromium
• Sintered Iron Powder
By Application
• Alternators
• Motor Transformers
• Electromagnets
• Solenoids
• Relays
• Choke Coils
• Loudspeakers
• Earphones
• Others
By End Use Industry
• Electronics and Telecommunications
• Automotive
• Others
By Region
• North America
• Europe
• Asia Pacific
• LAMEA
For More Information Visit: https://www.fairfieldmarketresearch.com/report/soft-magnet-powder-market
Our Other Latest Trending Reports:
Hydrogen Peroxide Market: https://www.globenewswire.com/en/news-release/2022/06/01/2454443/0/en/Hydrogen-Peroxide-Market-Poised-for-over-7-Growth-by-2026-Pulp-Paper-Industry-Holds-Maximum-Opportunity-Fairfield-Market-Research.html
Lithium Mining Market: https://www.globenewswire.com/en/news-release/2022/05/12/2442146/0/en/Global-Lithium-Mining-Market-Stood-at-US-829-73-Mn-in-2019-and-is-Expected-to-Reach-US-1-630-30-Mn-by-2025-Registering-a-CAGR-of-26-3-Fairfield-Market-Research.html
Rare Earth Elements Market: https://www.globenewswire.com/en/news-release/2022/04/13/2422218/0/en/Global-Rare-Earth-Elements-Market-is-Predicted-to-Reach-US-7-3-Billion-by-2026-at-10-2-CAGR-Fairfield-Market-Research.html
Contact
Fairfield Market Research
London, UK
UK +44 (0)20 30025888
USA +1 (844) 3829746 (Toll-free)
Email: sales@fairfieldmarketresearch.com
Web: https://www.fairfieldmarketresearch.com/
Follow Us: https://bit.ly/3voYIm9
About Us
Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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 (2022 - 2027) Soft Magnet Powder Market is Thriving Worldwide with Top Growing Companies - SG Technologies Ltd., Daido Steel Co. Ltd., Hitachi Metals Ltd. here
News-ID: 2665350 • Views: …
More Releases from Fairfield Market Research
Small Modular Reactor (SMR) Market Set to Climb from $6.6 Bn in 2025 to $9.2 Bn …
The Small Modular Reactor (SMR) industry is entering a crucial phase of global development as nations accelerate the transition toward low-carbon energy systems and resilient power infrastructure. With the market estimated at US$ 6.6 billion in 2025 and projected to reach US$ 9.2 billion by 2032, the sector is expanding at a 4.9% CAGR during the forecast period. SMRs are emerging as a transformative alternative to traditional nuclear plants, offering…
Antimony-free Films Market Set for Sustainable Expansion Through 2032
The global Antimony-free Films Market is entering a defining phase of strategic expansion as sustainability, regulatory shifts, and consumer safety expectations reshape the packaging and materials landscape. With rising concerns surrounding antimony-based catalysts in polyester films, end-use industries are accelerating the transition toward safer, more compliant, and environmentally responsible alternatives. According to industry estimates, the market is valued at US$ 238.6 million in 2025 and is projected to reach US$…
Perovskite Photovoltaics Market Set for Transformational Growth Through 2032
The Perovskite Photovoltaics Market is entering a pivotal phase of commercialization and global expansion as emerging solar technologies gain momentum across residential, commercial, and utility-scale applications. Valued at USD 316.7 million in 2025 and projected to reach USD 4,435.6 million by 2032, the sector is expected to advance at a compelling 45.8% CAGR during the forecast period. This remarkable growth trajectory reflects rising demand for low-cost, high-efficiency solar modules, continued…
Micro EV Market Accelerates Toward a Sustainable Urban Mobility Future Through 2 …
The Micro Electric Vehicle (Micro EV) Market is entering a new phase of accelerated growth, supported by global sustainability targets, rapid urbanization, and policy-driven adoption of small-format electric mobility solutions. Valued at USD 12.1 billion in 2025 and projected to reach USD 26.8 billion by 2032, the industry expands at a 12.0% CAGR, reflecting strong market confidence in compact, zero-emission vehicles. These vehicles-ranging from two-seater microcars to lightweight quadricycles-are increasingly…
More Releases for Soft
Robot Soft Gripper Market
Robot Soft Gripper Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 3.5 Billion by 2033 at a CAGR of 15.6% from 2026 to 2033.
What are the potential factors contributing to the growth of the robot soft gripper market?
The growth of the robot soft gripper market is driven by several key factors. Increasing adoption of automation across various industries such as electronics,…
Soft Drink Concentrates Market
Introduction
The soft drink concentrates market plays a pivotal role in the global beverage industry. These concentrates are primarily used to prepare soft drinks, offering a cost-effective and efficient way for manufacturers to produce various beverages. Soft drink concentrates are essentially flavored syrups or powders that, when mixed with water or carbonated water, create popular soft drinks. The market for these concentrates has seen remarkable growth in recent years, driven by…
Soft Robot Technology Market Upcoming Trend & Positions 2027 | Cyberdyne, Soft R …
Soft Robot Technology Market Strengths, Weaknesses, Opportunities, and Threats analysis.
Demanding Market Research Report on Global Soft Robot Technology Market conducted by a team of industry specialists. The report covers briefly the products or services in the market and their application. The report also provides data on the technological advancements taking place in the Soft Robot Technology market, helping the market vendors to increase their business productivity and operational efficiency. The…
Soft Touch Film and Soft Touch Lamination Film Market Size, Share, Development b …
Global Info Research offers a latest published report on Soft Touch Film and Soft Touch Lamination Film Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Soft Touch Film and Soft Touch Lamination Film players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in…
Soft Skills Management Market - Increasing Demand For Cloud-Based Soft Skill Tra …
According to a new market report published by Transparency Market Research, the global soft skills management market was valued at US$ 11,289.7 Mn in 2016 and is expected to expand at a CAGR of 11.9% from 2018 to 2026, reaching US$ 33,736.1 Mn by the end of the forecast period. According to the report, the global soft skills management market will continue to be influenced by a range of macroeconomic…
Suma Soft
Texas (USA), Canada (Toronto) & India (Business Network)— Suma Soft’s BPO for companies in USA, Canada and UK efficiently streamline business processes. Suma Soft has developed an integrated back-office system that assists these companies giving them round the clock support.
Credibility & Certification :
Suma Soft is an ISO 27001 and 9001 certified company which gives paramount importance to security, accuracy and quality while delivering BPO support services. We have a…
