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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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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Table of Contents:
1 Executive Summary
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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