Soft Magnetic Materials: Applications and Markets
The global market for soft magnetic materials should grow from $51.4 billion in 2019 to $79.4 billion by 2024 with a compound annual growth rate (CAGR) of 9.1% for the period, 2019-2024.
- 79 tables
- A descriptive study and analysis of the global markets for soft magnetic materials
- Analyses of global market trends, with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Quantification of the market potential for soft magnetic materials by material type, application, end use industry, and geographical region
- Emphasis on the industry driven underlying markets, government regulations, technology updates along with recent advancements within the segment
- Exclusive chapter on market and industry drivers and structure encompassing supply chain analysis, industry organizations and support systems, market drivers & impediments, and regional considerations for the industry
- Patent analysis covering patent overview, patent trends, and R&D and market development
- Company profiles of manufacturers, suppliers, and supply chain participants of soft magnetic materials. Major players included Denso Corp., Hitachi Metals Ltd., Sumitomo Electric Industries, Sigma-Aldrich and Sanyo Special Steel Co., Ltd.
This study reviews soft magnetic materials technology categories, along with relevant market and production information, technological descriptions and issues, and key applications and market factors in major worldwide markets. This report organizes the technologies into the following segments:
- Powdered iron cores.
- Soft ferrites.
- Soft iron.
- Iron-phosphorous alloys.
- Iron-silicon alloys/electrical steel.
- Iron-nickel alloys.
- Iron-cobalt alloys.
- Amorphous nanocrystalline alloys.
The following soft magnet applications are also considered in the study, with market breakdowns for each by region and select countries:
- Industrial transformers.
- High-frequency power conversion for industry.
- Solenoids and actuators.
- Industrial and automotive electric motors.
- Consumer product electric motors.
- Consumer electronics.
- Medical applications.
Robert Eckard, PhD, has 15 years of experience working in the cleantech, clean transportation, clean/smart cities, advanced fuels, water and energy sectors. Having completed his dissertation at the University of California at Davis, Robert also runs a specialty industry research and technical consulting company, with an emphasis on energy, water and climate-oriented sectors, including those segments relevant to this study. Robert specializes in commercialization, data-based economic analysis, market development and penetration, environmental analysis and technical energy, environmental and market studies for Fortune 500, Global 1000 and promising startups, as well as state and local governments, other consultants and industry organizations throughout the U.S., Canada, Europe, the Middle East, Southeast Asia and Australia. He worked as a subcontractor under the U.S. Department of Energy providing evaluations of a wide array of industrial technologies, systems and related supply markets. He helped to successfully develop new markets in the U.S. and abroad, identify target niches and support highly successful business strategy development. Previously, he produced reports for BCC Research on global markets pertaining to energy, industry, energy efficiency, water and industrial, durable goods and related categories and technologies. Robert works directly in the industries that he analyzes and has successfully secured over $225 million in fund development for specific projects and technologies in the last six years.