Soft Magnetic Material Market Size 2025-2029
The soft magnetic material market size is forecast to increase by USD 3.9 billion, at a CAGR of 6.1% between 2024 and 2029.
The global soft magnetic material market is primarily driven by the accelerated electrification of the global automotive fleet. This transition greatly increases the need for high-performance materials in electric vehicle powertrains, such as traction motors and onboard chargers, where core loss and thermal stability are critical. The demand for advanced functional materials is growing as vehicle architectures evolve to support faster charging and greater efficiency. The ongoing electrification across the broader transportation sector is creating unprecedented demand for systems that rely on advanced soft magnetic composites and high-frequency electrical steel to minimize energy losses and improve power density, impacting the overall magnet market.This growth is supported by a trend toward broader electrification in transportation, but it is not without challenges. Significant instability in the raw material supply chain, including price volatility for inputs like iron ore and nickel, creates an unpredictable cost environment for producers. This risk is particularly acute for manufacturers of high-performance alloys and soft magnetic powder. The geographic concentration of mining and processing for these essential materials creates potential single points of failure, which can disrupt the entire value chain and impact the availability of critical magnetic materials for the automotive and electronics industries.
What will be the Size of the Soft Magnetic Material Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019 - 2023 and forecasts 2025-2029 - in the full report.
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Market dynamics are in a state of continuous evolution, driven by the need for materials with lower core loss and higher magnetic permeability. The development of soft magnetic composites is enabling new design possibilities in motor and inductor manufacturing, addressing the demand for miniaturization and efficiency. This ongoing refinement of material properties reflects a direct response to the performance requirements of advanced power electronics and electric drivetrains, where thermal stability is paramount for reliability.Activities within the market indicate a persistent focus on optimizing the performance of advanced functional materials. The application of soft magnetic powder and amorphous alloys is expanding as industries seek to improve power density and reduce energy consumption. This unfolding pattern is not a final state but a continuing process of innovation, where research into material composition and processing techniques, such as advanced sintering services, remains central to meeting the demands of next-generation systems in a competitive landscape.
How is this Soft Magnetic Material Industry segmented?
The soft magnetic material industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.
- End-user
- Electronics
- Automotive
- Energy
- Industrial
- Others
- Product
- Electrical steel
- Soft ferrite
- Permalloys
- Application
- Motors
- Transformers
- Alternators
- Geography
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- North America
- Europe
- Germany
- UK
- France
- Italy
- The Netherlands
- Spain
- South America
- Middle East and Africa
- Rest of World (ROW)
By End-user Insights
The electronics segment is estimated to witness significant growth during the forecast period.
The electronics sector is a primary consumer of soft magnetic materials, driven by the continuous demand for miniaturization, higher efficiency, and increased power density in electronic devices. This segment, valued at over USD 4 billion, utilizes soft ferrites and powdered iron cores for essential components. These include high-frequency transformers, inductors, and noise suppression filters found in smartphones, servers, and telecommunications equipment. The demand for advanced materials is shaped by the need for superior thermal stability and reduced core losses.
The expansion of 5G infrastructure and data centers worldwide creates substantial demand for power conversion components that function at higher frequencies with minimal energy loss. The Internet of Things (IOT) ecosystem further broadens the application scope for these materials in sensors and connectivity modules. Consequently, material suppliers face pressure to innovate continuously, developing materials with higher saturation flux density to align with semiconductor advancements and meet the evolving performance requirements of the technologically dynamic electronics industry.

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The Electronics segment was valued at USD 3.6 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis
APAC is estimated to contribute 48.2% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The APAC region leads the global soft magnetic material market in both production and consumption. This dominance is fueled by its massive electronics manufacturing base, rapid industrialization, and strong government support for new energy vehicles and renewable energy. The region's incremental growth is significant, with it being expected to contribute 48.2% to the global market expansion. Countries within APAC function as epicenters for production and innovation, particularly in soft ferrites and electrical steel, catering to vast domestic and international demands.
Competition within the APAC market is intense, featuring a combination of large-scale volume producers and specialized technology leaders. High-growth markets are emerging, supported by incentive schemes that accelerate local manufacturing and consumption of components like advanced chemistry cell batteries. The strategic focus on fine powder processing and consumer electronics leadership in certain countries creates a sustained need for specialized, high-performance soft magnetic materials, solidifying the region's critical role in the global supply chain and market development.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The global market is experiencing significant growth, driven by the accelerated electrification of automotive transportation and the expanding need for soft magnetic material for renewable energy systems. Demand for high-performance soft magnetic material components is surging, particularly for improving power density in electric motors and ensuring effective thermal management in electric motors. Innovations in advanced soft magnetic composites applications and the development of high-frequency grades of electrical steel are enabling superior performance. Furthermore, the expansion of digital infrastructure power management solutions relies heavily on soft magnetic material for efficient power conversion, which is critical for minimizing core losses in power electronics and necessitates continuous material innovation for higher performance thresholds.Despite the positive outlook, the industry faces challenges, including the volatility in raw material supply pricing and the significant research and development cost in magnetic materials. To mitigate these issues, companies are focusing on building supply chain resilience for critical materials through strategic sourcing of metallic elements and promoting sustainable sourcing of raw magnetic materials. The push towards the mass production of advanced processing techniques is crucial for scaling up. Success hinges on creating advanced material formulations for electronics that excel in power conversion in high-frequency applications. Forward-thinking suppliers are engaging in the co-development of application-specific solutions directly with OEMs to address these complex requirements.

What are the key market drivers leading to the rise in the adoption of Soft Magnetic Material Industry?
- The accelerated electrification of the global automotive fleet sector is a significant driver for the market.
The accelerated electrification of the automotive industry is a primary market dynamic, fundamentally reshaping demand for high-performance components. The transition toward electric vehicle powertrains creates a substantial need for soft magnetic material in traction motors, onboard chargers, and DC-DC converters. The performance attributes of these materials, such as core loss and thermal stability, directly impact vehicle efficiency and reliability. Consequently, automotive OEMs are establishing strategic partnerships with material producers to co-develop next-generation solutions. This is particularly relevant as APAC is expected to contribute 48.2% to the market's incremental growth, largely driven by its automotive sector.Increasing demand for energy-efficient electrical equipment is another significant factor influencing the market. With global energy consumption rising, regulatory bodies and consumers are prioritizing efficiency to reduce costs and environmental impact. Soft magnetic material with low core loss and high permeability are critical for manufacturing efficient motors, transformers, and power supplies across industrial machinery, home appliances, and power generation systems. As efficiency standards become more stringent, manufacturers are compelled to invest in advanced materials that minimize energy wastage. The industrial end-user segment's focus on upgrading machinery to meet these standards underpins a steady demand stream for specialized soft magnetic composites and electrical steel sheets.
What are the market trends shaping the Soft Magnetic Material Industry?
- The increasing pace of electrification across the automotive and transportation sectors is a major upcoming market trend.
The ongoing electrification of the automotive and transportation sectors creates unprecedented demand for high-efficiency electric motors, onboard chargers, and power electronics. These technologies are fundamentally reliant on advanced soft magnetic composites and high-frequency grades of electrical steel to minimize core losses, improve power density, and enhance thermal management. The performance requirements for these applications necessitate materials that can operate efficiently at higher frequencies and temperatures. This trend is amplified by governmental policies that accelerate EV adoption, directly increasing procurement volumes for high-permeability electrical steel and soft magnetic powder. The opportunity by geography in APAC is estimated at 48.16% of the global market.The application of AI simulations in designing magnetic material geometry is an emerging trend that optimizes component performance. By leveraging AI, engineers can rapidly iterate through countless design possibilities for components like motor stators to identify geometries that maximize magnetic flux. This computational approach accelerates the R and D cycle for advanced functional materials, including amorphous alloys and nanocrystalline magnetic particles. It allows for the creation of bespoke solutions tailored to specific high-frequency applications in power electronics and telecommunications. This trend enables the development of lighter, more compact, and more powerful magnetic components, enhancing overall system efficiency and performance without extensive physical prototyping.
What challenges does the Soft Magnetic Material Industry face during its growth?
- Volatility in the supply and pricing of raw materials poses a significant challenge to industry growth.
Instability within the raw material supply chain, including iron ore, nickel, and rare earth elements, presents a significant challenge. These inputs are subject to considerable price fluctuations driven by geopolitical factors, creating an unpredictable cost environment for producers of soft magnetic composites. The geographic concentration of mining for critical materials introduces substantial risk. For instance, the electronics segment, which accounted for over 38% of the market in the previous year, is highly sensitive to these disruptions, which can affect production timelines for high-frequency transformers and inductors. This forces manufacturers to engage in complex hedging strategies and seek alternative material formulations.The high cost associated with research and development for new magnetic materials is another major challenge. Developing advanced formulations such as amorphous alloys or next-generation permalloys with superior magnetic permeability and thermal stability requires substantial investment. The long development cycles and rigorous testing protocols needed to qualify these materials for critical applications, particularly in the automotive and aerospace sectors, add to the financial burden. This high barrier to entry can stifle innovation, especially for smaller firms, and concentrates advanced material development among a few large players, potentially limiting market competition and the pace of breakthroughs in achieving lower core loss.
Exclusive Customer Landscape
The soft magnetic material market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the soft magnetic material market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, soft magnetic material market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Daido Steel Co. Ltd. - The market features offerings of specialized magnetic materials engineered for enhanced energy efficiency. These include specialized electrical steel sheets designed to reduce energy losses during power generation, transmission, and consumption. Additionally, offerings encompass various magnetic alloy powders that are integral to the manufacturing of electronic components such as reactors and motors. These materials are formulated to provide high magnetic permeability and low coercivity, making them suitable for applications demanding efficient magnetization and demagnetization cycles in advanced power and electronic systems.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Daido Steel Co. Ltd.
- Fluxtrol Inc.
- GKN Sinter Metals Engineering GmbH
- Guangdong Lingyi Zhizhi Manufacturing Co. Ltd.
- Hengdian Group Holdings Ltd.
- Hitachi Ltd.
- Hoganas AB
- JFE Holdings Inc.
- Mate Co. Ltd.
- Merck KGaA
- Nippon Steel Corp.
- Rio Tinto Ltd.
- Samwha Electronics
- Sintered Specialties LLC
- Sintex AS
- Steward Advanced Materials LLC
- TDG Holding Co. Ltd.
- TDK Corp.
- Toshiba Corp.
- Vacuumschmelze GmbH and Co. KG
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Soft Magnetic Material Market
In May 2024, TDK Corp. announced the development of a new material for small-sized all-solid-state batteries, aimed at enhancing energy density for wearable devices and other electronics.In February 2024, Hoganas AB initiated a collaboration to scale a new process for fossil-free hydrogen production, a key element for creating green iron used in metal powders for soft magnetic applications.In May 2024, Hitachi Ltd., through its energy division, launched a new series of wireless routers enabled with 5G capabilities, supporting the expansion of digital infrastructure that relies on advanced electronic components.Throughout 2024, Nippon Steel Corp. has been advancing its proposed acquisition of U.S. Steel, a strategic move intended to expand its global production capacity, including for high-grade electrical steels used in the automotive and energy sectors.
Research Analyst Overview
The global soft magnetic material market is characterized by the ongoing development of materials to optimize performance characteristics. The selection between ferrous soft magnetic materials such as grain-oriented electrical steel and non-grain-oriented electrical steel often depends on balancing core loss with magnetic anisotropy. Innovations in soft magnetic composites and amorphous alloys are providing new pathways for enhancing saturation flux density and thermal stability. Meanwhile, established materials like soft ferrites and permalloys, derived from raw materials including iron ore, nickel, manganese, and zinc, continue to be refined. The focus remains on minimizing coercivity while maximizing magnetic permeability to suit evolving application demands, leading to a constant re-evaluation of material compositions and processing techniques for creating components such as electrical steel sheets and ferrite cores.The application landscape for these materials is adapting, particularly in power conversion components and advanced automotive systems. For instance, the performance of traction motors and onboard chargers is directly tied to the properties of the underlying sintered components and powder metallurgy components. The utilization of magnetic alloy powders and nanocrystalline magnetic particles facilitates the creation of compact high-frequency transformers and efficient DC-DC converters. Processes involving metal powders and magnetic flat powder are integral to achieving precise magnetic flux control in induction systems and effective electromagnetic interference shielding. As the industry integrates more sophisticated semiconductor solutions, the demand for specialized magnetic materials is expected to see a corresponding expansion of approximately 6%, driving continuous process adjustments within the manufacturing sector.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Soft Magnetic Material Market insights. See full methodology.
Market Scope
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Report Coverage
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Details
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Page number
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298
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Base year
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2024
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Historic period
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2019 - 2023 |
Forecast period
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2025-2029
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Growth momentum & CAGR
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Accelerating at a CAGR of 6.1%
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Market growth 2024-2029
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USD 3.9 billion
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Market structure
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Fragmented
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YoY growth 2024-2029(%)
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5.8%
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Key countries
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China, Japan, India, South Korea, Australia, Indonesia, US, Canada, Mexico, Germany, UK, France, Italy, The Netherlands, Spain, Brazil, Argentina, Colombia, Saudi Arabia, UAE, South Africa, Israel, Turkey
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Competitive landscape
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Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
|
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What are the Key Data Covered in this Soft Magnetic Material Market Research and Growth Report?
- CAGR of the Soft Magnetic Material industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across APAC, North America, Europe, South America, Middle East and Africa
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the soft magnetic material market growth of industry companies
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1 Executive Summary
- 1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Chart on Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Chart on Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Chart on Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3 Market Landscape
- 3.1 Market ecosystem
- Chart on Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Chart on Market characteristics analysis
- 3.3 Value chain analysis
- Chart on Value chain analysis
4 Market Sizing
- 4 Market Sizing
- 4.1 Market definition
- Data Table on Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5 Historic Market Size
- 5.1 Global Soft Magnetic Material Market 2019 - 2023
- Historic Market Size - Data Table on Global Soft Magnetic Material Market 2019 - 2023 ($ billion)
- 5.2 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
- 5.3 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ billion)
- 5.4 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ billion)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6 Qualitative Analysis
- 6.1 Impact of AI on the Global Soft Magnetic Material Market
7 Five Forces Analysis
- 7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by End-user
- 8 Market Segmentation by End-user
- 8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 8.3 Electronics - Market size and forecast 2024-2029
- Chart on Electronics - Market size and forecast 2024-2029 ($ billion)
- Data Table on Electronics - Market size and forecast 2024-2029 ($ billion)
- Chart on Electronics - Year-over-year growth 2024-2029 (%)
- Data Table on Electronics - Year-over-year growth 2024-2029 (%)
- 8.4 Automotive - Market size and forecast 2024-2029
- Chart on Automotive - Market size and forecast 2024-2029 ($ billion)
- Data Table on Automotive - Market size and forecast 2024-2029 ($ billion)
- Chart on Automotive - Year-over-year growth 2024-2029 (%)
- Data Table on Automotive - Year-over-year growth 2024-2029 (%)
- 8.5 Energy - Market size and forecast 2024-2029
- Chart on Energy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Energy - Market size and forecast 2024-2029 ($ billion)
- Chart on Energy - Year-over-year growth 2024-2029 (%)
- Data Table on Energy - Year-over-year growth 2024-2029 (%)
- 8.6 Industrial - Market size and forecast 2024-2029
- Chart on Industrial - Market size and forecast 2024-2029 ($ billion)
- Data Table on Industrial - Market size and forecast 2024-2029 ($ billion)
- Chart on Industrial - Year-over-year growth 2024-2029 (%)
- Data Table on Industrial - Year-over-year growth 2024-2029 (%)
- 8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 8.8 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
9 Market Segmentation by Product
- 9 Market Segmentation by Product
- 9.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
- 9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 9.3 Electrical steel - Market size and forecast 2024-2029
- Chart on Electrical steel - Market size and forecast 2024-2029 ($ billion)
- Data Table on Electrical steel - Market size and forecast 2024-2029 ($ billion)
- Chart on Electrical steel - Year-over-year growth 2024-2029 (%)
- Data Table on Electrical steel - Year-over-year growth 2024-2029 (%)
- 9.4 Soft ferrite - Market size and forecast 2024-2029
- Chart on Soft ferrite - Market size and forecast 2024-2029 ($ billion)
- Data Table on Soft ferrite - Market size and forecast 2024-2029 ($ billion)
- Chart on Soft ferrite - Year-over-year growth 2024-2029 (%)
- Data Table on Soft ferrite - Year-over-year growth 2024-2029 (%)
- 9.5 Permalloys - Market size and forecast 2024-2029
- Chart on Permalloys - Market size and forecast 2024-2029 ($ billion)
- Data Table on Permalloys - Market size and forecast 2024-2029 ($ billion)
- Chart on Permalloys - Year-over-year growth 2024-2029 (%)
- Data Table on Permalloys - Year-over-year growth 2024-2029 (%)
- 9.6 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)
10 Market Segmentation by Application
- 10 Market Segmentation by Application
- 10.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
- 10.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 10.3 Motors - Market size and forecast 2024-2029
- Chart on Motors - Market size and forecast 2024-2029 ($ billion)
- Data Table on Motors - Market size and forecast 2024-2029 ($ billion)
- Chart on Motors - Year-over-year growth 2024-2029 (%)
- Data Table on Motors - Year-over-year growth 2024-2029 (%)
- 10.4 Transformers - Market size and forecast 2024-2029
- Chart on Transformers - Market size and forecast 2024-2029 ($ billion)
- Data Table on Transformers - Market size and forecast 2024-2029 ($ billion)
- Chart on Transformers - Year-over-year growth 2024-2029 (%)
- Data Table on Transformers - Year-over-year growth 2024-2029 (%)
- 10.5 Alternators - Market size and forecast 2024-2029
- Chart on Alternators - Market size and forecast 2024-2029 ($ billion)
- Data Table on Alternators - Market size and forecast 2024-2029 ($ billion)
- Chart on Alternators - Year-over-year growth 2024-2029 (%)
- Data Table on Alternators - Year-over-year growth 2024-2029 (%)
- 10.6 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)
11 Customer Landscape
- 11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - APAC
- Data Table on Regional Comparison - APAC
- 12.3.1 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.3.2 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.3.3 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.3.4 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.3.5 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Australia - Market size and forecast 2024-2029 ($ billion)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)
- 12.3.6 Indonesia - Market size and forecast 2024-2029
- Chart on Indonesia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Indonesia - Market size and forecast 2024-2029 ($ billion)
- Chart on Indonesia - Year-over-year growth 2024-2029 (%)
- Data Table on Indonesia - Year-over-year growth 2024-2029 (%)
- 12.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - North America
- Data Table on Regional Comparison - North America
- 12.4.1 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.4.2 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 12.4.3 Mexico - Market size and forecast 2024-2029
- Chart on Mexico - Market size and forecast 2024-2029 ($ billion)
- Data Table on Mexico - Market size and forecast 2024-2029 ($ billion)
- Chart on Mexico - Year-over-year growth 2024-2029 (%)
- Data Table on Mexico - Year-over-year growth 2024-2029 (%)
- 12.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - Europe
- Data Table on Regional Comparison - Europe
- 12.5.1 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 12.5.2 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.5.3 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.5.4 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.5.5 The Netherlands - Market size and forecast 2024-2029
- Chart on The Netherlands - Market size and forecast 2024-2029 ($ billion)
- Data Table on The Netherlands - Market size and forecast 2024-2029 ($ billion)
- Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
- Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
- 12.5.6 Spain - Market size and forecast 2024-2029
- Chart on Spain - Market size and forecast 2024-2029 ($ billion)
- Data Table on Spain - Market size and forecast 2024-2029 ($ billion)
- Chart on Spain - Year-over-year growth 2024-2029 (%)
- Data Table on Spain - Year-over-year growth 2024-2029 (%)
- 12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - South America
- Data Table on Regional Comparison - South America
- 12.6.1 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
- 12.6.2 Argentina - Market size and forecast 2024-2029
- Chart on Argentina - Market size and forecast 2024-2029 ($ billion)
- Data Table on Argentina - Market size and forecast 2024-2029 ($ billion)
- Chart on Argentina - Year-over-year growth 2024-2029 (%)
- Data Table on Argentina - Year-over-year growth 2024-2029 (%)
- 12.6.3 Colombia - Market size and forecast 2024-2029
- Chart on Colombia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Colombia - Market size and forecast 2024-2029 ($ billion)
- Chart on Colombia - Year-over-year growth 2024-2029 (%)
- Data Table on Colombia - Year-over-year growth 2024-2029 (%)
- 12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - Middle East and Africa
- Data Table on Regional Comparison - Middle East and Africa
- 12.7.1 Saudi Arabia - Market size and forecast 2024-2029
- Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
- Chart on Saudi Arabia - Year-over-year growth 2024-2029 (%)
- Data Table on Saudi Arabia - Year-over-year growth 2024-2029 (%)
- 12.7.2 UAE - Market size and forecast 2024-2029
- Chart on UAE - Market size and forecast 2024-2029 ($ billion)
- Data Table on UAE - Market size and forecast 2024-2029 ($ billion)
- Chart on UAE - Year-over-year growth 2024-2029 (%)
- Data Table on UAE - Year-over-year growth 2024-2029 (%)
- 12.7.3 South Africa - Market size and forecast 2024-2029
- Chart on South Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on South Africa - Year-over-year growth 2024-2029 (%)
- Data Table on South Africa - Year-over-year growth 2024-2029 (%)
- 12.7.4 Israel - Market size and forecast 2024-2029
- Chart on Israel - Market size and forecast 2024-2029 ($ billion)
- Data Table on Israel - Market size and forecast 2024-2029 ($ billion)
- Chart on Israel - Year-over-year growth 2024-2029 (%)
- Data Table on Israel - Year-over-year growth 2024-2029 (%)
- 12.7.5 Turkey - Market size and forecast 2024-2029
- Chart on Turkey - Market size and forecast 2024-2029 ($ billion)
- Data Table on Turkey - Market size and forecast 2024-2029 ($ billion)
- Chart on Turkey - Year-over-year growth 2024-2029 (%)
- Data Table on Turkey - Year-over-year growth 2024-2029 (%)
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
13 Drivers, Challenges, and Opportunity
- 13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Accelerated electrification of global automotive fleet sector
- Increased investment in magnetic materials
- Increasing demand of energy efficient electrical equipment
- 13.2 Market challenges
- Volatility in raw material supply and pricing
- High research and development cost
- Scaling advanced processing techniques for mass production
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities
- Accelerated electrification of automotive and transportation sector
- AI simulations for magnetic material geometry design
- Increasing use of nanocrystalline magnetic particles in biomedical industry
14 Competitive Landscape
- 14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15 Competitive Analysis
- 15.1 Companies profiled
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 Daido Steel Co. Ltd.
- Daido Steel Co. Ltd. - Overview
- Daido Steel Co. Ltd. - Business segments
- Daido Steel Co. Ltd. - Key offerings
- Daido Steel Co. Ltd. - Segment focus
- SWOT
- 15.5 Fluxtrol Inc.
- Fluxtrol Inc. - Overview
- Fluxtrol Inc. - Product / Service
- Fluxtrol Inc. - Key news
- Fluxtrol Inc. - Key offerings
- SWOT
- 15.6 GKN Sinter Metals Engineering GmbH
- GKN Sinter Metals Engineering GmbH - Overview
- GKN Sinter Metals Engineering GmbH - Product / Service
- GKN Sinter Metals Engineering GmbH - Key news
- GKN Sinter Metals Engineering GmbH - Key offerings
- SWOT
- 15.7 Guangdong Lingyi Zhizhi Manufacturing Co. Ltd.
- Guangdong Lingyi Zhizhi Manufacturing Co. Ltd. - Overview
- Guangdong Lingyi Zhizhi Manufacturing Co. Ltd. - Product / Service
- Guangdong Lingyi Zhizhi Manufacturing Co. Ltd. - Key offerings
- SWOT
- 15.8 Hengdian Group Holdings Ltd.
- Hengdian Group Holdings Ltd. - Overview
- Hengdian Group Holdings Ltd. - Product / Service
- Hengdian Group Holdings Ltd. - Key news
- Hengdian Group Holdings Ltd. - Key offerings
- SWOT
- 15.9 Hitachi Ltd.
- Hitachi Ltd. - Overview
- Hitachi Ltd. - Business segments
- Hitachi Ltd. - Key news
- Hitachi Ltd. - Key offerings
- Hitachi Ltd. - Segment focus
- SWOT
- 15.10 Mate Co. Ltd.
- Mate Co. Ltd. - Overview
- Mate Co. Ltd. - Product / Service
- Mate Co. Ltd. - Key offerings
- SWOT
- 15.11 Nippon Steel Corp.
- Nippon Steel Corp. - Overview
- Nippon Steel Corp. - Business segments
- Nippon Steel Corp. - Key news
- Nippon Steel Corp. - Key offerings
- Nippon Steel Corp. - Segment focus
- SWOT
- 15.12 Rio Tinto Ltd.
- Rio Tinto Ltd. - Overview
- Rio Tinto Ltd. - Business segments
- Rio Tinto Ltd. - Key news
- Rio Tinto Ltd. - Key offerings
- Rio Tinto Ltd. - Segment focus
- SWOT
- 15.13 Samwha Electronics
- Samwha Electronics - Overview
- Samwha Electronics - Product / Service
- Samwha Electronics - Key offerings
- SWOT
- 15.14 Sintex AS
- Sintex AS - Overview
- Sintex AS - Product / Service
- Sintex AS - Key offerings
- SWOT
- 15.15 TDG Holding Co. Ltd.
- TDG Holding Co. Ltd. - Overview
- TDG Holding Co. Ltd. - Product / Service
- TDG Holding Co. Ltd. - Key offerings
- SWOT
- 15.16 TDK Corp.
- TDK Corp. - Overview
- TDK Corp. - Business segments
- TDK Corp. - Key news
- TDK Corp. - Key offerings
- TDK Corp. - Segment focus
- SWOT
- 15.17 Toshiba Corp.
- Toshiba Corp. - Overview
- Toshiba Corp. - Business segments
- Toshiba Corp. - Key news
- Toshiba Corp. - Key offerings
- Toshiba Corp. - Segment focus
- SWOT
- 15.18 Vacuumschmelze GmbH and Co. KG
- Vacuumschmelze GmbH and Co. KG - Overview
- Vacuumschmelze GmbH and Co. KG - Product / Service
- Vacuumschmelze GmbH and Co. KG - Key news
- Vacuumschmelze GmbH and Co. KG - Key offerings
- SWOT
16 Appendix
- 16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.5 Data procurement
- 16.6 Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations