Press release
Soft Magnetic Powder Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030
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In addition, an increase in the application of soft magnet powder in various end-use industries further boosts market growth. In the automotive industry, soft magnetic powder is used to manufacture induction coils and fuel injectors in diesel engines. In the electrical industry, it finds applications in the production of stators of claw pole motors, brushless DC motors, brushed DC motors, stepper motors, switch reluctance motors, transformers, and alternators.
Soft magnet powders are materials that are easily magnetized and demagnetized. This powder plays an important role in many of the electrical and electronic systems and is used in electric motors, receipt of radio signals & microwaves, relays, solenoids, magnetic shielding, electrical power generation & transmission, and electromagnets. According to the new energy standards, which comprises greater dependence on renewable energy sources and energy-efficient motors & machines, has fast-tracked research in the development of soft magnet powder for energy-related technologies. New materials with higher energy competence include soft ferrite, electrical steel, amorphous steel, cold-rolled lamination steel, cobalt, silicon steels, low carbon steel alloy, aluminium, phosphorus, chromium, and sintered iron powder.
Market Coverage
The market number available for - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered
Regions Covered- Globally
Competitive Landscape: SG Technologies Ltd., Vacuumschmelze GmbH & Co., Ltd., Steward Advanced Materials, Mate Co., Ltd., and Hitachi Metals Ltd., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Soft Magnetic Powder Market by Segment
By Material
Soft Ferrite
Electrical Steel
Amorphous Steel
Cold-Rolled Lamination Steel
Cobalt
Silicon Steels
Low Carbon Steel Alloy
Aluminium
Phosphorus
Chromium
Sintered Iron Powder
By Application
Alternators
Motors Transformers
Electromagnets
Solenoids
Relays
Choke Coils
Loudspeakers
Earphones
Others
By End-Use Industry
Electrical & Electronics
Telecommunications
Automotive
Others
A full report of Soft Magnetic Powder Market is available at: https://www.omrglobal.com/industry-reports/soft-magnetic-powder-market
Soft Magnetic Powder Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
SG Technologies Ltd.
Vacuumschmelze GmbH & Co., Ltd.
Steward Advanced Materials
Mate Co., Ltd.
Hitachi Metals Ltd.
Reasons to Buying From us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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