Market Overview:
The global magnetic core market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for consumer electronics and household appliances. Additionally, the growing demand for communication and automotive applications is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
A magnetic core is a piece of ferromagnetic material (usually iron) that is used to create a magnetic field in an electrical device. The importance of the magnetic core lies in its ability to concentrate the magnetic flux in a given area, which allows for more efficient use of the electromagnet's power.
Manganese-Zinc Magnetic Core:
Manganese-zinc magnetic core is a special type of rare earth metal powder which can be used as an additive in iron oxide based permanent magnets. Manganese-zinc magnetic core has the ability to attract and repell particles due to its electric field, this property makes it very useful for applications like in sensors where they are used for detecting proximity of particles.
Power MnZn Magnetic Core:
Power MnZn magnetic core is a new generation of high-temperature superconducting material developed by researchers at the University of Illinois. It has been reported that this material can operate at temperatures as high as those achieved by the highest operating nuclear reactors, i.e., close to 200°C.
Application Insights:
The automotive segment is expected to witness significant growth over the forecast period owing to increasing demand for magnetic cores in various applications including navigation systems, lighting systems, and powertrain. The household appliances segment is also projected to witness considerable growth over the next six years on account of rising demand for refrigerators and washing machines.
The communication application segment accounted for a share of 15.6% in 2017 owing to growing use of magnetic core materials in wireless devices such as cell phones, Bluetooth devices, Wi-Fi routers and hotspots among others. The product has high resistance against demagnetization which enables its use even at high frequencies resulting in enhanced performance across multiple applications areas such as smartphones and laptops among others.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for smartphones, high penetration of electricity grids, and growing adoption of renewable energy sources. Moreover, rising number of nuclear reactors is expected to drive the product demand over the forecast period.
Asia Pacific is projected to witness significant growth over the next eight years owing to rapid development in various sectors such as consumer electronics and automotive. Increasing disposable income coupled with growing population has resulted in increased spending on household appliances and automobiles which will further propel magnetic core market growth over this period.
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of miniaturization in electronics industry
- Rising demand for high-efficiency and low-power consumption products
- Proliferation of wireless communication technologies
- Development of innovative applications using magnetic cores
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Core Market Research Report
By Type
Manganese-Zinc Magnetic Core, Power MnZn Magnetic Core, High Magnetic Conductivity MnZn Magnetic Core, Nickel-Zinc Magnetic Core
By Application
Consumer Electronics, Household Appliances, Communication, Automotive, LED, Other
By Companies
Texas Instruments, TDK, DMEGC, VACUUMSCHMELZE, MAGNETICS, TDG, Acme Electronics, FERROXCUBE, Nanjing New Conda, Haining Lianfeng Magnet, HEC GROUP, JPMF, KaiYuan Magnetism
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Core Market Report Segments:
The global Magnetic Core market is segmented on the basis of:
Types
Manganese-Zinc Magnetic Core, Power MnZn Magnetic Core, High Magnetic Conductivity MnZn Magnetic Core, Nickel-Zinc Magnetic Core
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Household Appliances, Communication, Automotive, LED, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Texas Instruments
- TDK
- DMEGC
- VACUUMSCHMELZE
- MAGNETICS
- TDG
- Acme Electronics
- FERROXCUBE
- Nanjing New Conda
- Haining Lianfeng Magnet
- HEC GROUP
- JPMF
- KaiYuan Magnetism
Highlights of The Magnetic Core Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manganese-Zinc Magnetic Core
- Power MnZn Magnetic Core
- High Magnetic Conductivity MnZn Magnetic Core
- Nickel-Zinc Magnetic Core
- By Application:
- Consumer Electronics
- Household Appliances
- Communication
- Automotive
- LED
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnetic Core Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnetic cores are used in hard drives, floppy disks, and other storage devices. They contain a large number of tiny magnets that can be arranged in any pattern the manufacturer desires. When the device is turned on, the magnets inside the core start to attract and hold small pieces of metal (called read/write head) that are located near them. This process allows data to be stored on the device and retrieved when needed
Some of the major companies in the magnetic core market are Texas Instruments, TDK, DMEGC, VACUUMSCHMELZE, MAGNETICS, TDG, Acme Electronics, FERROXCUBE, Nanjing New Conda, Haining Lianfeng Magnet, HEC GROUP, JPMF, KaiYuan Magnetism.
The magnetic core market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnetic Core Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Magnetic Core Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnetic Core Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Magnetic Core Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Magnetic Core Market Size & Forecast, 2018-2028
4.5.1 Magnetic Core Market Size and Y-o-Y Growth
4.5.2 Magnetic Core Market Absolute $ Opportunity
Chapter 5 Global Magnetic Core Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Magnetic Core Market Size Forecast by Type
5.2.1 Manganese-Zinc Magnetic Core
5.2.2 Power MnZn Magnetic Core
5.2.3 High Magnetic Conductivity MnZn Magnetic Core
5.2.4 Nickel-Zinc Magnetic Core
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnetic Core Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Magnetic Core Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Household Appliances
6.2.3 Communication
6.2.4 Automotive
6.2.5 LED
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnetic Core Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnetic Core Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Magnetic Core Analysis and Forecast
9.1 Introduction
9.2 North America Magnetic Core Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Magnetic Core Market Size Forecast by Type
9.6.1 Manganese-Zinc Magnetic Core
9.6.2 Power MnZn Magnetic Core
9.6.3 High Magnetic Conductivity MnZn Magnetic Core
9.6.4 Nickel-Zinc Magnetic Core
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Magnetic Core Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Household Appliances
9.10.3 Communication
9.10.4 Automotive
9.10.5 LED
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Magnetic Core Analysis and Forecast
10.1 Introduction
10.2 Europe Magnetic Core Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Magnetic Core Market Size Forecast by Type
10.6.1 Manganese-Zinc Magnetic Core
10.6.2 Power MnZn Magnetic Core
10.6.3 High Magnetic Conductivity MnZn Magnetic Core
10.6.4 Nickel-Zinc Magnetic Core
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Magnetic Core Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Household Appliances
10.10.3 Communication
10.10.4 Automotive
10.10.5 LED
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Magnetic Core Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnetic Core Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Magnetic Core Market Size Forecast by Type
11.6.1 Manganese-Zinc Magnetic Core
11.6.2 Power MnZn Magnetic Core
11.6.3 High Magnetic Conductivity MnZn Magnetic Core
11.6.4 Nickel-Zinc Magnetic Core
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Magnetic Core Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Household Appliances
11.10.3 Communication
11.10.4 Automotive
11.10.5 LED
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Magnetic Core Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnetic Core Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Magnetic Core Market Size Forecast by Type
12.6.1 Manganese-Zinc Magnetic Core
12.6.2 Power MnZn Magnetic Core
12.6.3 High Magnetic Conductivity MnZn Magnetic Core
12.6.4 Nickel-Zinc Magnetic Core
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Magnetic Core Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Household Appliances
12.10.3 Communication
12.10.4 Automotive
12.10.5 LED
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Magnetic Core Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnetic Core Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Magnetic Core Market Size Forecast by Type
13.6.1 Manganese-Zinc Magnetic Core
13.6.2 Power MnZn Magnetic Core
13.6.3 High Magnetic Conductivity MnZn Magnetic Core
13.6.4 Nickel-Zinc Magnetic Core
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Magnetic Core Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Household Appliances
13.10.3 Communication
13.10.4 Automotive
13.10.5 LED
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnetic Core Market: Competitive Dashboard
14.2 Global Magnetic Core Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Texas Instruments
14.3.2 TDK
14.3.3 DMEGC
14.3.4 VACUUMSCHMELZE
14.3.5 MAGNETICS
14.3.6 TDG
14.3.7 Acme Electronics
14.3.8 FERROXCUBE
14.3.9 Nanjing New Conda
14.3.10 Haining Lianfeng Magnet
14.3.11 HEC GROUP
14.3.12 JPMF
14.3.13 KaiYuan Magnetism
