The global soft magnetic alloys market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for soft magnetic alloys in various applications such as aviation, nuclear, magnetic industry, automotive and power station. Softmag alloy is expected to be the fastest-growing segment in this market during the forecast period due to its high demand in various applications such as aviation and nuclear.
Some Of The Growth Factors Of This Market:
- The increasing demand for electric vehicles and wind turbines will drive the market growth in the near future.
- The increasing use of soft magnetic alloys in consumer electronics such as smartphones and tablets will also drive the market growth in the near future.
- Increasing use of soft magnetic alloys in renewable energy applications such as wind turbines and solar panels will also drive the market growth.
- Increasing use of soft magnetic alloys in medical devices such as MRI machines, pacemakers, and defibrillators will also drive the market growth.
Industry Growth Insights published a new data on “Soft Magnetic Alloys Market”. The research report is titled “Soft Magnetic Alloys Market research by Types (Softmag Alloy, Sofcomag Alloy), By Applications (Aviation, Nuclear, Magnetic Industry, Automotive, Power Station), By Players/Companies Sandvik, Engineered Materials Solutions, VACUUMSCHMELZE, Carpenter, VDM Metals, Ed Fagan, JLC Electromet, Aperam, Ugitech, Nippon Yakin, NiWire Industries, Steward Advanced Materials, Xi'an GangYan Special Alloy, ZheJiang KeDa Magnetoelectricity, Hangzhou Ualloy Material, Heanjia Super Metals, IUP Jindal Metals & Alloys, Beijing Beiye Functional Materials, Shaanxi Gold-Stone Electronics”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Soft Magnetic Alloys Market Research Report
By Type
Softmag Alloy, Sofcomag Alloy
By Application
Aviation, Nuclear, Magnetic Industry, Automotive, Power Station
By Companies
Sandvik, Engineered Materials Solutions, VACUUMSCHMELZE, Carpenter, VDM Metals, Ed Fagan, JLC Electromet, Aperam, Ugitech, Nippon Yakin, NiWire Industries, Steward Advanced Materials, Xi'an GangYan Special Alloy, ZheJiang KeDa Magnetoelectricity, Hangzhou Ualloy Material, Heanjia Super Metals, IUP Jindal Metals & Alloys, Beijing Beiye Functional Materials, Shaanxi Gold-Stone Electronics
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Soft Magnetic Alloys Market Report Segments:
The global Soft Magnetic Alloys market is segmented on the basis of:
Types
Softmag Alloy, Sofcomag Alloy
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
Aviation, Nuclear, Magnetic Industry, Automotive, Power Station
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:
- Sandvik
- Engineered Materials Solutions
- VACUUMSCHMELZE
- Carpenter
- VDM Metals
- Ed Fagan
- JLC Electromet
- Aperam
- Ugitech
- Nippon Yakin
- NiWire Industries
- Steward Advanced Materials
- Xi'an GangYan Special Alloy
- ZheJiang KeDa Magnetoelectricity
- Hangzhou Ualloy Material
- Heanjia Super Metals
- IUP Jindal Metals & Alloys
- Beijing Beiye Functional Materials
- Shaanxi Gold-Stone Electronics
Highlights of The Soft Magnetic Alloys 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:
- Softmag Alloy
- Sofcomag Alloy
- By Application:
- Aviation
- Nuclear
- Magnetic Industry
- Automotive
- Power Station
- 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 Soft Magnetic Alloys 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
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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?
Soft magnetic alloys are materials that have a lower coercivity than hard magnetic alloys. This means they can be magnetized more easily, which makes them good for applications where high performance is not required.
Some of the major players in the soft magnetic alloys market are Sandvik, Engineered Materials Solutions, VACUUMSCHMELZE, Carpenter, VDM Metals, Ed Fagan, JLC Electromet, Aperam, Ugitech, Nippon Yakin, NiWire Industries, Steward Advanced Materials, Xi'an GangYan Special Alloy, ZheJiang KeDa Magnetoelectricity, Hangzhou Ualloy Material, Heanjia Super Metals, IUP Jindal Metals & Alloys, Beijing Beiye Functional Materials, Shaanxi Gold-Stone Electronics.
The soft magnetic alloys market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soft Magnetic Alloys Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Soft Magnetic Alloys Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Soft Magnetic Alloys Market - Supply Chain
4.5. Global Soft Magnetic Alloys Market Forecast
4.5.1. Soft Magnetic Alloys Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Soft Magnetic Alloys Market Size (000 Units) and Y-o-Y Growth
4.5.3. Soft Magnetic Alloys Market Absolute $ Opportunity
5. Global Soft Magnetic Alloys Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Soft Magnetic Alloys Market Size and Volume Forecast by Type
5.3.1. Softmag Alloy
5.3.2. Sofcomag Alloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Soft Magnetic Alloys Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Soft Magnetic Alloys Market Size and Volume Forecast by Application
6.3.1. Aviation
6.3.2. Nuclear
6.3.3. Magnetic Industry
6.3.4. Automotive
6.3.5. Power Station
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Soft Magnetic Alloys Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Soft Magnetic Alloys Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Soft Magnetic Alloys Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Soft Magnetic Alloys Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Soft Magnetic Alloys Demand Share Forecast, 2019-2029
9. North America Soft Magnetic Alloys Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Soft Magnetic Alloys Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Soft Magnetic Alloys Market Size and Volume Forecast by Application
9.4.1. Aviation
9.4.2. Nuclear
9.4.3. Magnetic Industry
9.4.4. Automotive
9.4.5. Power Station
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Soft Magnetic Alloys Market Size and Volume Forecast by Type
9.7.1. Softmag Alloy
9.7.2. Sofcomag Alloy
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Soft Magnetic Alloys Demand Share Forecast, 2019-2029
10. Latin America Soft Magnetic Alloys Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Soft Magnetic Alloys Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Soft Magnetic Alloys Market Size and Volume Forecast by Application
10.4.1. Aviation
10.4.2. Nuclear
10.4.3. Magnetic Industry
10.4.4. Automotive
10.4.5. Power Station
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Soft Magnetic Alloys Market Size and Volume Forecast by Type
10.7.1. Softmag Alloy
10.7.2. Sofcomag Alloy
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Soft Magnetic Alloys Demand Share Forecast, 2019-2029
11. Europe Soft Magnetic Alloys Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Soft Magnetic Alloys Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Soft Magnetic Alloys Market Size and Volume Forecast by Application
11.4.1. Aviation
11.4.2. Nuclear
11.4.3. Magnetic Industry
11.4.4. Automotive
11.4.5. Power Station
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Soft Magnetic Alloys Market Size and Volume Forecast by Type
11.7.1. Softmag Alloy
11.7.2. Sofcomag Alloy
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Groth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Soft Magnetic Alloys Demand Share, 2019-2029
12. Asia Pacific Soft Magnetic Alloys Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Soft Magnetic Alloys Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Soft Magnetic Alloys Market Size and Volume Forecast by Application
12.4.1. Aviation
12.4.2. Nuclear
12.4.3. Magnetic Industry
12.4.4. Automotive
12.4.5. Power Station
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Soft Magnetic Alloys Market Size and Volume Forecast by Type
12.7.1. Softmag Alloy
12.7.2. Sofcomag Alloy
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Soft Magnetic Alloys Demand Share, 2019-2029
13. Middle East & Africa Soft Magnetic Alloys Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Soft Magnetic Alloys Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Soft Magnetic Alloys Market Size and Volume Forecast by Application
13.4.1. Aviation
13.4.2. Nuclear
13.4.3. Magnetic Industry
13.4.4. Automotive
13.4.5. Power Station
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Soft Magnetic Alloys Market Size and Volume Forecast by Type
13.7.1. Softmag Alloy
13.7.2. Sofcomag Alloy
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Soft Magnetic Alloys Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Soft Magnetic Alloys Market: Market Share Analysis
14.2. Soft Magnetic Alloys Distributors and Customers
14.3. Soft Magnetic Alloys Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sandvik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Engineered Materials Solutions
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VACUUMSCHMELZE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Carpenter
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. VDM Metals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ed Fagan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JLC Electromet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aperam
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ugitech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nippon Yakin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NiWire Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Steward Advanced Materials
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xi'an GangYan Special Alloy
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ZheJiang KeDa Magnetoelectricity
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hangzhou Ualloy Material
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Heanjia Super Metals
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. IUP Jindal Metals & Alloys
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Beijing Beiye Functional Materials
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shaanxi Gold-Stone Electronics
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
