sales@fnfresearch.comTel: +91 96043 17127 | USA: 1 (347) 690-0211

Home / All latest News / Global Nanocrystalline Soft Magnetic Material Market

Global Nanocrystalline Soft Magnetic Material Market Revenue Projected Around USD 470 Million By 2026

06-Feb-2020 | Facts and Factors

Facts and Factors have authored “Nanocrystalline Soft Magnetic Material Market By Application (Distribution Transformer, Electric Machinery, Electronic Components, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the global nanocrystalline soft magnetic material market in 2019 is approximately USD 230 million and is anticipated to reach around USD 470 million by 2026. The anticipated CAGR for the nanocrystalline soft magnetic material market is around 10% from 2020 to 2026.

Over the last few decades, magnetic materials have become an essential part of everyday life. Magnetic materials play an important role in diverse application areas such as telecommunication, automotive, medical, data storage, military, aerospace, and electric energy industry, including transmission, generation, and distribution. Recently, it has been studied that nanocrystalline materials can be used in magnetic devices such as inductive devices, transformers, etc. which require magnetically soft materials. Nanocrystalline alloy is a material made up of Fe, Si, and B with additions of Cu and Nb. Generally, the nanocrystalline soft magnetic material is manufactured by a process termed as rapid solidification technology in the form of a thin ribbon, primarily in the amorphous state and is then crystallized at the temperature of 500 - 600 °C.

Request Sample Request Customization Buy Now

Browse the full “Nanocrystalline Soft Magnetic Material Market By Application (Distribution Transformer, Electric Machinery, Electronic Components, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”  report at https://www.fnfresearch.com/nanocrystalline-soft-magnetic-material-market

With the rising number of electronic devices in everyday lives, nanocrystalline soft magnetic materials are finding its application in various devices. Moreover, with increased emphasis on energy conservation, these materials are considered in the design of larger transformers. There, the growing demand for electronic devices and goods is further expected to boost the consumption of nanocrystalline soft magnetic materials, thereby, propelling market growth. Moreover, the increasing concern towards energy efficiency across the globe is likely to enhance the application of magnetic materials in various electronic products. However, the high fluctuation in the cost of raw materials such as iron, copper, silicon, and others, may highly impact on the prices of the nanocrystalline soft magnetic material. Nevertheless, the rising demand for high quality nanocrystalline soft magnetic materials with rapid advances in technologies such as smart manufacturing, 5G communicative systems, new power vehicles, and 3D printing is projected to offer growth opportunities to the market in the future.

Based on application, the distribution transformer category accounted for the largest market share of around 35% of the global nanocrystalline soft magnetic material market, in 2019. These materials tackle the energy loss in transformers and enable the downsizing of the system. Moreover, due to the versatile properties of nanocrystalline soft magnetic materials such as high magnetic permeability and robust flux density, it is widely used as transformer cores in the power transmission industry.

Regionally, the Asia Pacific dominated the global nanocrystalline soft magnetic material market and accounted for the market share of around 40% in 2019. Rapid industrialization in countries of the Asia-Pacific and the presence of iron mines in China & India are the major factors boosting the demand for nanocrystalline soft magnetic materials within the region. Moreover, China is expected to be the dominating country and India is anticipated to grow at the fastest pace during the forecast period of 2020 – 2026.

Some of the key players operating the global nanocrystalline soft magnetic material market are China Amorphous Technology, Qingdao Yunlu, Advanced Technology, Hitachi Metal, Henan Zhongyue, Londerful New Material, Zhaojing Incorporated, Junhua Technology, Orient Group, Shenke, and Foshan Huaxin among Others.

This report segments the Nanocrystalline Soft Magnetic Material market as follows:

Global Nanocrystalline Soft Magnetic Material Market: By Application Segment Analysis

  • Distribution Transformer
  • Electric Machinery
  • Electronic Components
  • Others

Global Nanocrystalline Soft Magnetic Material Market: Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle-East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle-East Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Latest Added Market Report

Digital Transformation Consulting Market By Deployment Mode (On-Premises and Hosted), By Technology (Cloud Computing, AI, Big Data and Analytics, Mobility/Social Media, Cybersecurity, IoT, Blockchain and Robotics and Others), By Industry Vertical (BFSI, Healthcare, Telecom and IT, Manufacturing, Retail, Government and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026

[216+ Pages Report] As per the Facts and Factors market research report, the global digital transformation consulting market is expected to grow at a CAGR of around 7.5% from 2021 to 2026. The digital transformation consulting market was valued at around USD 5 Billion and is expected to rise above USD 11 Billion by 2026. Global Digital Transformation Consulting Market: Overview Organizations are trying to change the way they function as a result of evolving digital technology. Digital tran

Published Date : 27-Sep-2021 | | Category : Technology & Media | Pages : 216 | Format : Read more

Crypto Asset Management Market By Market Type (Solution and Services), By Solution (Custodian Solution, Tokenization Solutions, Transfer & Remittance Solutions, Trading Solutions and Wallet Management), By Operating System (iOS, Android and Others), By Application (Web-Based and Mobile), By End User (Individual and Enterprise), By Industry Vertical (BFSI, Retail & E-commerce, Media & Entertainment, Institutions, Healthcare, Travel and Hospitality and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026

[205+ Pages Report] According to a Facts and Factors market research report, the globalcrypto asset management market is estimated at around USD 0.4 Billion in 2020 and is expected to reach around USD 1.4 Billion by 2026 along with a CAGR of around 23.5% from 2021 to 2026. Global Crypto Asset Management Market: Overview People are investing more in secondary assets like digital currencies, the crypto market in the last few years. It is because of gaining popularity of crypto-asset across t

Published Date : 27-Sep-2021 | | Category : Consumer Goods | Pages : 205 | Format : Read more

Corporate Wellness Market By Service (Nutrition and Weight Management, Fitness Services, Health Risk Assessment, Stress Management, Smoking Cessation, Health Screening, Alcohol and Drug Abuse Services, Health Education Services, Biometric Screening and Others), By Category (Fitness & Nutrition Consultants, Psychological Therapists and Organizations/Employers), By Delivery Model (Onsite and Offsite), By End-Use Industry (Private Sector, Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations, Public Sector and NGO): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026

[205+ Pages Report] According to a Facts and Factors market research report, the globalcorporate wellness solutions market is projected to reach USD 100 Billion by 2026 from USD 61.3 Billion in 2020, at a CAGR of 8.5% during the forecast period. Global Corporate Wellness Market: Overview Corporate wellness programmes are a declaration of intent, programmes, and perks that target a variety of risk factors and conditions while influencing both employees and the firm as a whole. According to

Published Date : 27-Sep-2021 | | Category : Healthcare | Pages : 205 | Format : Read more

Facts & Factors provides an array of marketing and business research solutions distinctly designed by our expertise for the clients.
Copyright © 2021 Facts & Factors. All Rights Reserved. Sitemap - Privacy Policy - Terms & Conditions