Amorphous Soft Magnetic Materials Market will exhibit a CAGR of 4.7% during the forecast period, and reach USD 728.5 million by 2027, and the Market value as per 2019 was USD 522.4 million.
Fortune Business Insights™ in a new report, titled, “Amorphous Soft Magnetic Materials Market Size, Share & Industry Analysis, By Application (Electronic Article Surveillance, Flexible Antenna, Magnetic Sensors, Magnetic Shielding, Transformers, and Others), and Regional Forecast, 2020-2027.”
Amorphous Soft Magnetic Materials Market Drivers and Restraint:
Advantages of Amorphous Soft Magnetic Materials to Drive the Market
The amorphous alloys consist of mainly iron, nickel and/or cobalt with boron, carbon, phosphorus, or silicon. Magnetic components made from amorphous alloys are helping industrial consumers to conduct operations in an efficient, energy-saving manner with reduced operating cost. Important properties such as lower core losses at higher frequencies, higher & wide range of permeability, increased operational temperatures, low coercive field, core weight & volume reduction ability, excellent corrosion resistance, versatility, good mechanical strength, flux density, and various hysteresis loops, among others make amorphous soft magnetic materials ideal for most of the electrical & electronics applications. It would further propel this market growth.
List of Key Players Covered in the Amorphous Soft Magnetic Materials Market Report:
- Hitachi Metals, Ltd. (Tokyo, Japan)
- VACUUMSCHMELZE GmbH Co KG (Hanau, Germany)
- CHINA AMORPHOUS TECHNOLOGY CO., LTD. (Guangdong, China)
- BOMATECH (Höri, Switzerland)
- Toshiba Materials Co., Ltd. (Yokohama, Japan)
- AMES SA (Barcelona, Spain)
- Advanced Technology & Materials Co., Ltd. (Beijing, China)
- MK Magnetics Inc. (California, U.S.)
To gain more insights into the market with a detailed table of content and figures, Click Here: https://www.fortunebusinessinsights.com/amorphous-soft-magnetic-materials-market-103526
Some of the key industry developments in the Amorphous Soft Magnetic Materials Market Include:
- January 2018: Hitachi Metals developed a Magnetic Domain Control Type Fe-base Amorphous Metal, MaDC-A, a new product with significantly reduced core loss.
Read Press Release:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.