Global Soft Magnetic Materials Market Size study & Forecast, by Application (Motors, Transformers, Alternators and Others), by Product (Electrical Steel, Ferrite, Permalloys and Others) and Regional Analysis, 2022-2029

Description

List of Tables

Global Soft Magnetic Materials Market is valued at approximately USD 20.79 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.35% over the forecast period 2022-2029. Soft magnetic materials are often used in automotive electric motors due to benefits including low noise, compact design, and energy savings. Soft magnetic materials are also often used in stators for Stepper motors, brushed and brushless DC motors, switch reluctance motors, claw pole motors, transformers, and alternators are examples of electric motors. . These materials function as electrical insulators and endure lower eddy current losses because of their low coercivity, strong electrical resistance to iron, high permeability, and soft magnetic properties. The Soft Magnetic Materials Market is expanding because of factors such as increasing adoption and demand of electric vehicles and innovations in the development of harvesting renewable energy.

Innovations in the production of renewable energy, expanding investments in the domain of power distribution, and rising interest in electric vehicles are all contributing to the market's expansion. For instance, the European Investment Bank decided to allocate USD 1.64 billion to energy efficiency and renewable energy projects around the world in 2019. Furthermore, increasing financial support to produce electric vehicles is further boosting the market growth. For instance, the American president signed an executive order in August 2021 calling for all new cars to be 50% electric by 2030. As a result, numerous automakers are turning their attention to the creation of EVs. For instance, Bentley Motors declared in October 2021 that all its vehicles would likely be electric by 2030 and plug-in hybrids by 2026. In addition, rising investments in the power distribution sector and increasing demand for motors in various applications is creating lucrative growth in the market. However, the high cost of soft magnetic materials may halt market growth.

The key regions considered for the Global Soft Magnetic Materials Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to rising demand and adoption of electric vehicles and rising demand from various applications along with the presence of key market players in the region. Whereas Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising automotive industry in the region, rising government support to the industry and rising product innovation and research and development activities in the region.

Major market players included in this report are:

Arnold Magnetic Technologies
GKN Sinter Metals Engineering GmbH
Hitachi Metals Ltd
JFE Steel Corporation
Mahindra CIE Ltd
MATE CO., LTD
Meyer Sintermetall AG
DSB Technologies Steward Advanced Materials LLC
VACUUMSCHMELZE GmbH & Co. KG

Recent Developments in the Market:

In May 2020, For the automobile sector, scientists at the International Advanced Research Centre for Powder Metallurgy & Novel Materials developed a new method for producing soft magnetic alloys based on iron-phosphorus (Fe-P). The wrought FE-P alloy produced by the technique possesses qualities that surpass those of silicon steel and is also expected to be inexpensive.

Global Soft Magnetic Materials Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Application, Product, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Application:

Motors
Transformers
Alternators
Others

By Product:

Electrical Steel
Ferrite
Permalloys
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Soft Magnetic Materials Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Soft Magnetic Materials Market, by Application, 2019-2029 (USD Billion)
- 1.2.3. Soft Magnetic Materials Market, by Product, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Soft Magnetic Materials Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Soft Magnetic Materials Market Dynamics

3.1. Soft Magnetic Materials Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing adoption and demand of electric vehicles
  - 3.1.1.2. Innovations in the development of harvesting renewable energy,
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Soft magnetic materials
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising investments in the power distribution sector
  - 3.1.3.2. Increasing demand for motors in various applications

Chapter 4. Global Soft Magnetic Materials Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Soft Magnetic Materials Market, by Application

6.1. Market Snapshot
6.2. Global Soft Magnetic Materials Market by Application, Performance - Potential Analysis
6.3. Global Soft Magnetic Materials Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Soft Magnetic Materials Market, Sub Segment Analysis
- 6.4.1. Motors
- 6.4.2. Transformers
- 6.4.3. Alternators
- 6.4.4. Others

Chapter 7. Global Soft Magnetic Materials Market, by Product

7.1. Market Snapshot
7.2. Global Soft Magnetic Materials Market by Product, Performance - Potential Analysis
7.3. Global Soft Magnetic Materials Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
7.4. Soft Magnetic Materials Market, Sub Segment Analysis
- 7.4.1. Electrical Steel
- 7.4.2. Ferrite
- 7.4.3. Permalloys
- 7.4.4. Others

Chapter 8. Global Soft Magnetic Materials Market, Regional Analysis

8.1. Soft Magnetic Materials Market, Regional Market Snapshot
8.2. North America Soft Magnetic Materials Market
- 8.2.1. U.S. Soft Magnetic Materials Market
  - 8.2.1.1. Application breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Product breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Soft Magnetic Materials Market
8.3. Europe Soft Magnetic Materials Market Snapshot
- 8.3.1. U.K. Soft Magnetic Materials Market
- 8.3.2. Germany Soft Magnetic Materials Market
- 8.3.3. France Soft Magnetic Materials Market
- 8.3.4. Spain Soft Magnetic Materials Market
- 8.3.5. Italy Soft Magnetic Materials Market
- 8.3.6. Rest of Europe Soft Magnetic Materials Market
8.4. Asia-Pacific Soft Magnetic Materials Market Snapshot
- 8.4.1. China Soft Magnetic Materials Market
- 8.4.2. India Soft Magnetic Materials Market
- 8.4.3. Japan Soft Magnetic Materials Market
- 8.4.4. Australia Soft Magnetic Materials Market
- 8.4.5. South Korea Soft Magnetic Materials Market
- 8.4.6. Rest of Asia Pacific Soft Magnetic Materials Market
8.5. Latin America Soft Magnetic Materials Market Snapshot
- 8.5.1. Brazil Soft Magnetic Materials Market
- 8.5.2. Mexico Soft Magnetic Materials Market
- 8.5.3. Rest of Latin America Soft Magnetic Materials Market
8.6. Rest of The World Soft Magnetic Materials Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Arnold Magnetic Technologies
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. GKN Sinter Metals Engineering GmbH
- 9.2.3. Hitachi Metals Ltd
- 9.2.4. JFE Steel Corporation
- 9.2.5. Mahindra CIE Ltd
- 9.2.6. MATE CO., LTD
- 9.2.7. Meyer Sintermetall AG
- 9.2.8. DSB Technologies
- 9.2.9. Steward Advanced Materials LLC
- 9.2.10. VACUUMSCHMELZE GmbH & Co. KG

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Soft Magnetic Materials Market, report scope
TABLE 2. Global Soft Magnetic Materials Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Soft Magnetic Materials Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 4. Global Soft Magnetic Materials Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 5. Global Soft Magnetic Materials Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Soft Magnetic Materials Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Soft Magnetic Materials Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Soft Magnetic Materials Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Soft Magnetic Materials Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Soft Magnetic Materials Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Soft Magnetic Materials Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Soft Magnetic Materials Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Soft Magnetic Materials Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Soft Magnetic Materials Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Soft Magnetic Materials Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Soft Magnetic Materials Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Soft Magnetic Materials Market
TABLE 70. List of primary sources, used in the study of global Soft Magnetic Materials Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Soft Magnetic Materials Market, research methodology
FIG 2. Global Soft Magnetic Materials Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Soft Magnetic Materials Market, key trends 2021
FIG 5. Global Soft Magnetic Materials Market, growth prospects 2022-2029
FIG 6. Global Soft Magnetic Materials Market, porters 5 force model
FIG 7. Global Soft Magnetic Materials Market, pest analysis
FIG 8. Global Soft Magnetic Materials Market, value chain analysis
FIG 9. Global Soft Magnetic Materials Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Soft Magnetic Materials Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Soft Magnetic Materials Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Soft Magnetic Materials Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Soft Magnetic Materials Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Soft Magnetic Materials Market, regional snapshot 2019 & 2029
FIG 15. North America Soft Magnetic Materials Market 2019 & 2029 (USD Billion)
FIG 16. Europe Soft Magnetic Materials Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Soft Magnetic Materials Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Soft Magnetic Materials Market 2019 & 2029 (USD Billion)
FIG 19. Global Soft Magnetic Materials Market, company Market share analysis (2021)