Amorphous Soft Magnetic Materials Market Report: Trends, Forecast and Competitive Analysis to 2030

Amorphous Soft Magnetic Materials Trends and Forecast

The future of the global amorphous soft magnetic materials market looks promising with opportunities in the electronic article surveillance, flexible antenna, magnetic sensor, magnetic shieldings, and transformer markets. The global amorphous soft magnetic materials market is expected to reach an estimated $0.8 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing demand for high-performance and energy efficient electrical devices, increasing usage of these product in the development of transformers, and rising adoption in the healthcare industry for the development of various medical equipments.

A more than 150-page report is developed to help in your business decisions.

Amorphous Soft Magnetic Materials by Segment

The study includes a forecast for the global amorphous soft magnetic materials by type, application, and region.

Amorphous Soft Magnetic Materials Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Cobalt-Based
• Fe-Ni-Based
• Iron-Based
• Others

Amorphous Soft Magnetic Materials Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Electronic Article Surveillance
• Flexible Antenna
• Magnetic Sensors
• Magnetic Shieldings
• Transformers
• Others

Amorphous Soft Magnetic Materials Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Amorphous Soft Magnetic Materials Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies amorphous soft magnetic materials companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the amorphous soft magnetic materials companies profiled in this report include-

• Advanced Technology & Materials
• AMES SA
• Arnold Magnetic Technologies
• Bomatec
• China Amorphous Technology
• GKN Sinter Metals
• Hitachi Metals
• MK Magnetics
• Powder Metal Group
• Steward Advanced Materials

Amorphous Soft Magnetic Materials Market Insights

Lucintel forecasts that fe-ni-based is expected to witness highest growth over the forecast period as it ensures high saturation magnetic induction, magnetic permeability, resistivity, low coercivity, and low iron core loss.

Within this market, transformer will remain the largest segment as amorphous metal cores in transformers plays a very important role in reducing their overall weight while enhancing energy efficiency.

APAC is expected to witness highest growth over the forecast period due to increasing adoption of energy-efficient technologies in countries like China and India, growing demand of electric vehicles, and presence of major players in the region.

Features of the Global Amorphous Soft Magnetic Materials Market

Market Size Estimates: Amorphous soft magnetic materials market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Amorphous soft magnetic materials market size by type, application, and region in terms of value ($B).

Regional Analysis: Amorphous soft magnetic materials market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the amorphous soft magnetic materials market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the amorphous soft magnetic materials market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the amorphous soft magnetic materials market size?

Answer: The global amorphous soft magnetic materials market is expected to reach an estimated $0.8 billion by 2030.

Q.2 What is the growth forecast for amorphous soft magnetic materials market?

Answer: The global amorphous soft magnetic materials market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the amorphous soft magnetic materials market?

Answer: The major drivers for this market are growing demand for high-performance and energy efficient electrical devices, increasing usage of these product in the development of transformers, and rising adoption in the healthcare industry for the development of various medical equipments.

Q4. What are the major segments for amorphous soft magnetic materials market?

Answer: The future of the amorphous soft magnetic materials market looks promising with opportunities in the electronic article surveillance, flexible antenna, magnetic sensor, magnetic shieldings, and transformer markets.

Q5. Who are the key amorphous soft magnetic materials market companies?

Answer: Some of the key amorphous soft magnetic materials companies are as follows:

• Advanced Technology & Materials
• AMES SA
• Arnold Magnetic Technologies
• Bomatec
• China Amorphous Technology
• GKN Sinter Metals
• Hitachi Metals
• MK Magnetics
• Powder Metal Group
• Steward Advanced Materials

Q6. Which amorphous soft magnetic materials market segment will be the largest in future?

Answer: Lucintel forecasts that fe-ni-based is expected to witness highest growth over the forecast period as it ensures high saturation magnetic induction, magnetic permeability, resistivity, low coercivity, and low iron core loss.

Q7. In amorphous soft magnetic materials market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increasing adoption of energy-efficient technologies in countries like China and India, growing demand of electric vehicles, and presence of major players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the amorphous soft magnetic materials market by type (cobalt-based, Fe-Ni-based, iron-based, and others), application (electronic article surveillance, flexible antenna, magnetic sensors, magnetic shieldings, transformers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?