Market Research Report
Ferrite Market: By Type (Hard and Soft); By Application (Consumer Electronics, Aerospace & Defense, Automotive and Others) & By Region (Europe, North America, Asia-Pacific, RoW)-Forecast 2019-2024
|Published by||IndustryARC||Product code||421945|
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|Ferrite Market: By Type (Hard and Soft); By Application (Consumer Electronics, Aerospace & Defense, Automotive and Others) & By Region (Europe, North America, Asia-Pacific, RoW)-Forecast 2019-2024|
|Published: December 25, 2018||Content info:||
Ferrites are compounds derived through iron oxides, magnetite and hematite and are hard and brittle. Major types of ferrites are hard ferrites and soft ferrites. Soft ferrites contain compounds of zinc, nickel or manganese. The major applications of soft ferrites are electronic applications such as transformers. Hard ferrites contains compounds of barium, cobalt or strontium and the major applications include consumer electronics such as refrigerators. Growing demand for these consumer electronics is a major growth factor for ferrite market. Another growth factor is the increasing disposable income of end-users in the emerging economies. A few other factors driving the growth for soft ferrite market include availability and cost effective efficiency.
New applications resulting from research and development activities are projected to present new opportunities to the suppliers in the ferrite market.
This report identifies the global ferrite market size in for the year 2014-2016 and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects with respect to the global ferrite market.
Geographically, an increasing population and its disposable income in Asia Pacific is driving the growth in the market for Ferrite. Asia Pacific is estimated to witness the highest growth in the global market. Europe, North America and Japan are estimated to witness a slowdown in the demand during the forecast period owing to market saturation.
Ferrite Market, by Type: Hard Ferrite and Soft Ferrite
Ferrite Market, by Application: Consumer Electronics, Aerospace & Defense, Automotive and Others
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets in each of the region.
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