Global Soft Magnetic Powder Market 2021-2025

Global Soft Magnetic Powder Market 2021-2025

Technavio has been monitoring the soft magnetic powder market and it is poised to grow by 2352.10 th MT during 2021-2025, progressing at a CAGR of 10% during the forecast period. Our report on soft magnetic powder market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of electric motors in automotive applications, surge in transformer installations, and growth in data center infrastructure. In addition, increasing adoption of electric motors in automotive applications is anticipated to boost the growth of the market as well.

The soft magnetic powder market analysis includes product segment and geographical landscapes.

Technavio's soft magnetic powder market is segmented as below:

By Product

• Electrical steel
• cold-rolled lamination sheet
• Soft ferrites
• Amorphous steel
• Others

By End-user

• Electrical and electronics
• Automotive
• Telecommunication
• Others

By Geographical Landscapes

• APAC
• North America
• Europe
• South America
• MEA

This study identifies the growth in data center infrastructure as one of the prime reasons driving the soft magnetic powder market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on soft magnetic powder market covers the following areas:

• Soft magnetic powder market sizing
• Soft magnetic powder market forecast
• Soft magnetic powder market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soft magnetic powder market vendors that include Arnold Magnetic Technologies Corp., DEXTER MAGNETIC TECHNOLOGIES, FJ Industries AS, Hitachi Metals Ltd., Hoganas AB, SG Technologies Ltd., Sintex AS, Steward Advanced Materials LLC, Sumitomo Metal Mining Co. Ltd., and VACUUMSCHMELZE GmbH & Co. KG. Also, the soft magnetic powder market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.