Amorphous Metal Cores Market Size, Share, Development by 2023

The amorphous alloy is a non-crystal substance created by rapidly freezing liquids of high temperature. Because there is no rule of atomic arrangement, the energy loss (hysteresis loss) is small when the flux of magnetic induction passes through the iron core. In addition, eddy current loss is decreased because the thickness is approximately 0.03 mm, which is about 1/10 compared with silicon steel. Therefore, the no load loss (eddy current loss and hysteresis loss) can be decreased to about 1/5 of silicon steel's.

Amorphous metal is an alloy with a non-crystalline structure produced by ultra-rapid quenching (about 1 million ℃ per second) of molten alloy. Because amorphous metal has no anisotropic properties, which originated from a crystalline structure, and there are no crystalline grain boundaries to prevent motion of magnetic domain walls, it shows excellent magnetic properties such as high permeability and low loss while having a high-saturation magnetic flux density.

Amorphous metal cores are effective for most distribution transformers. They are ideally suited for renewable energy applications such as wind farm and solar power, as they typically operate with 20~40% low load conditions. Amorphous metal cores have been in use for over 20 years in liquid-filled transformers, and this technology is now being applied to dry type transformers.

Historically, there was an initial interest in amorphous core transformers which stemmed from the first oil shock in the mid-1970s when improved energy efficiency in power distribution systems was increasingly desirable. This interest fell away in the mid-1990s when energy costs decreased. Furthermore, the initial costs of an amorphous core transformer are higher than of a crystalline silicon steel core transformer: first, the amorphous material itself is more expensive than crystalline silicon steel and second, the saturation magnetic flux density of amorphous steel is lower than that of silicon steel. This means larger sizes of amorphous core transformers are required, which results in a higher cost per unit. However, the higher initial costs can be compensated by lower operating costs over the lifetime of the transformers due to their increased energy efficiency.
Nowadays, amorphous metal core transformers have become commercially available and are cost-competitive with conventional core transformers. There has also been significant technical progress in increasing the saturation magnetic flux density of iron-based amorphous alloys, resulting in smaller transformers and reduced material costs.

The amorphous metal used in transformer cores is a unique alloy of Fe-Si-B (iron, silicon and boron) that is produced by extremely rapid solidification from the alloy melt. This causes the metal atoms to form a random pattern, as opposed to conventional Cold-Rolled Grain-Oriented (CRGO) silicon steel (a Fe-Si alloy), which has an organized crystalline structure. The amorphous structure, usually associated with non-metallic systems looks like glass - which has prompted the name 'glassy metal' widely used for such materials.
The absence of a crystalline structure in amorphous metal allows easy magnetization of the material, leading to lower hysteresis losses. The eddy current losses are also lower in amorphous metal due to a combination of its low thickness and a high electrical resistivity of 130 μΩ-cm compared to the 51 μΩ-cm in CRGO silicon steels. Thus, amorphous metal has a much lower total loss than even the best grades of CRGO steel, by up to 70 percent.
Amorphous metal cores have a proven track-record of over 20 years in liquid-filled transformers and this technology is now being applied to dry-type transformers.

LPI (LP Information)' newest research report, the "Amorphous Metal Cores Industry Forecast" looks at past sales and reviews total world Amorphous Metal Cores sales in 2022, providing a comprehensive analysis by region and market sector of projected Amorphous Metal Cores sales for 2023 through 2029. With Amorphous Metal Cores sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Amorphous Metal Cores industry.

This Insight Report provides a comprehensive analysis of the global Amorphous Metal Cores landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Amorphous Metal Cores portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Amorphous Metal Cores market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Amorphous Metal Cores and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Amorphous Metal Cores.

The global Amorphous Metal Cores market size is projected to grow from US$ 819.4 million in 2022 to US$ 1285 million in 2029; it is expected to grow at a CAGR of 1285 from 2023 to 2029.

The market for amorphous metal core is concentrated with players such as Hitachi, Mangal Electrical Industries, UAML (Usha Amorphous Metals Limited), TI-Electronic, ENPAY, Shanghai Zhixin Electric, Advanced Technology & Materials, Zhaojing Incorporated Company, Qingdao Yunlu Advanced Material Technology, Foshan Catech, Kotsons and so on. Among them, Hitachi is the leader with about 57% revenue market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Amorphous Metal Cores market by product type, application, key manufacturers and key regions and countries.

Key Questions Addressed in this Report
What is the 10-year outlook for the global Amorphous Metal Cores market?
What factors are driving Amorphous Metal Cores market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Amorphous Metal Cores market opportunities vary by end market size?
How does Amorphous Metal Cores break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/454703/amorphous-metal-cores-2029

Strategic Points Covered in TOC:
Chapter 1: Scope of Amorphous Metal Cores, Research Methodology, etc.
Chapter 2: Executive Summary, global Amorphous Metal Cores market size (sales and revenue) and CAGR, Amorphous Metal Cores market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Amorphous Metal Cores sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Amorphous Metal Cores sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Amorphous Metal Cores market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Amorphous Metal Cores.
Chapter 14: Research Findings and Conclusion

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