Press Release

Soft magnetic materials have the efficiency to be easily magnetized and demagnetized. They typically have intrinsic coercivity less than 1000 Am-1 and are used primarily to enhance the flux produced by an electric current. Soft magnetic materials are extensively used in various applications such as electric motors, receipt of radio signals, electrical power generation and transmission, microwaves, relays, solenoids, magnetic shielding and electromagnets.

The global soft magnetic materials market has witnessed significant growth in the recent years, owing to rise in the global automotive industry and increase in demand for electric vehicles. Owing stringent government environmental policies, automobile manufacturers are now focusing more on producing light weight and reducing dependency on conventional fuel to curb carbon dioxide emission. Soft magnetic materials are widely used in electric motors. Surge in demand and rise in production of electric vehicles has led to increase in demand for electric motors. This factor is anticipated to eventually increase the demand for soft magnetic materials and is projected to drive the growth of this market.

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Key Players:

AMES, Daido Steel, Grundfos A/S, Hitachi, Ltd, Mate Co., Ltd, Melrose Industries PLC, SG Technologies, Sumitomo Metal Mining Co., Ltd., Toshiba Materials Co., Ltd

The global soft magnetic materials market is segmented based on material, end use and region. Depending on material, the global soft magnetic materials market size is classified into cobalt, iron, nickel, electric steel and others. On the basis of end use, it is categorized into automotive, electrical & electronics, telecommunication, energy & power and others. Based on region, it is analyzed across North America (U.S., Canada and Mexico), Europe (Germany, France, Italy, Spain, the UK and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia and rest of Asia-Pacific) and LAMEA (Brazil, South Africa, Saudi Arabia and rest of LAMEA).

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It offers an analysis of changing competitive scenario.

For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.

It helps in understanding the major key product segments.

Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.

It offers a regional analysis of Soft Magnetic Materials Market along with business profiles of several stakeholders.

It offers massive data about trending factors that will influence the progress of the Soft Magnetic Materials Market.

The report has been presented with effective info graphics such as graphs, charts, pictures, and tables. In order to achieve economic outcomes, it offers some significant sales approaches. Also, it offers strategic planning methodologies for boosting the performance of the companies. Moreover, this research report concentrates on the bargaining power of suppliers as well as buyers.

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Table of Contents:

1 Executive Summary

2 Preface

3 Soft Magnetic Materials Market Overview

4 Market Trend Analysis

5 Porters Five Force Analysis

6 Global Soft Magnetic Materials Market Segmentation

7 Soft Magnetic Materials Market Effect Factors Analysis

8 Competition by Manufacturers

9 Key Developments

10 Company Profiling

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This post was originally published on The Picayune Current