Global SMC Materials Market Growth 2025-2031
Description
The global SMC Materials market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
SMC materials are made of iron powder particles coated with an electrically insulating layer and can be formed into complex shapes by means of powder metallurgy, thereby allowing three-dimensional magnetic circuit design. The SMC materials are developed for component manufacturing of electromagnetic applications, providing high performance and low losses. They are designed for efficient volume production at low cost, by utilising state-of-the-art technology. It is the 3D magnetic properties and the net shaping capabilities of the SMC materials that open up new opportunities to design compact, light and cost-efficient solutions.
United States market for SMC Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for SMC Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for SMC Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key SMC Materials players cover Sumitomo Electric Industries, Ltd., Höganäs AB, GTB Components Ltd, Horizon Technology Inc., GKN Powder Metallurgy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “SMC Materials Industry Forecast” looks at past sales and reviews total world SMC Materials sales in 2024, providing a comprehensive analysis by region and market sector of projected SMC Materials sales for 2025 through 2031. With SMC Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SMC Materials industry.
This Insight Report provides a comprehensive analysis of the global SMC Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SMC Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SMC Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SMC Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SMC Materials.
This report presents a comprehensive overview, market shares, and growth opportunities of SMC Materials market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Soft Ferrite
Electrical Steel
Iron
Others
Segmentation by Application:
Automotive
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sumitomo Electric Industries, Ltd.
Höganäs AB
GTB Components Ltd
Horizon Technology Inc.
GKN Powder Metallurgy
Daido Steel Co., Ltd.
PMG Holding GmbH
Mitsubishi Materials Corporation
Hitachi Metals Ltd
Steward Advanced Materials Inc
MMG Canada Limited
VACUUMSCHMELZE GmbH & Co. KG
Rio Tinto
Fluxtrol Inc.
ThyssenKrupp Electrical Steel India Private Limited
Key Questions Addressed in this Report
What is the 10-year outlook for the global SMC Materials market?
What factors are driving SMC Materials market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do SMC Materials market opportunities vary by end market size?
How does SMC Materials break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
SMC materials are made of iron powder particles coated with an electrically insulating layer and can be formed into complex shapes by means of powder metallurgy, thereby allowing three-dimensional magnetic circuit design. The SMC materials are developed for component manufacturing of electromagnetic applications, providing high performance and low losses. They are designed for efficient volume production at low cost, by utilising state-of-the-art technology. It is the 3D magnetic properties and the net shaping capabilities of the SMC materials that open up new opportunities to design compact, light and cost-efficient solutions.
United States market for SMC Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for SMC Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for SMC Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key SMC Materials players cover Sumitomo Electric Industries, Ltd., Höganäs AB, GTB Components Ltd, Horizon Technology Inc., GKN Powder Metallurgy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “SMC Materials Industry Forecast” looks at past sales and reviews total world SMC Materials sales in 2024, providing a comprehensive analysis by region and market sector of projected SMC Materials sales for 2025 through 2031. With SMC Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SMC Materials industry.
This Insight Report provides a comprehensive analysis of the global SMC Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SMC Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SMC Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SMC Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SMC Materials.
This report presents a comprehensive overview, market shares, and growth opportunities of SMC Materials market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Soft Ferrite
Electrical Steel
Iron
Others
Segmentation by Application:
Automotive
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sumitomo Electric Industries, Ltd.
Höganäs AB
GTB Components Ltd
Horizon Technology Inc.
GKN Powder Metallurgy
Daido Steel Co., Ltd.
PMG Holding GmbH
Mitsubishi Materials Corporation
Hitachi Metals Ltd
Steward Advanced Materials Inc
MMG Canada Limited
VACUUMSCHMELZE GmbH & Co. KG
Rio Tinto
Fluxtrol Inc.
ThyssenKrupp Electrical Steel India Private Limited
Key Questions Addressed in this Report
What is the 10-year outlook for the global SMC Materials market?
What factors are driving SMC Materials market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do SMC Materials market opportunities vary by end market size?
How does SMC Materials break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
110 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for SMC Materials by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for SMC Materials by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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