Lucintel Forecasts The Global Amorphous Soft Magnetic Materials Market To Reach $1 Billion By 2031

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According to a market report by Lucintel, the future of the global amorphous soft magnetic materials market looks promising with opportunities in the electronic article surveillance, flexible antenna, magnetic sensor, magnetic shieldings, and transformer markets. The global amorphous soft magnetic materials market is expected to reach an estimated $1 billion by 2031 with a CAGR of 4.6% from 2025 to 2031. The major drivers for this market are growing demand for high-performance and energy efficient electrical devices, increasing usage of these product in the development of transformers, and rising adoption in the healthcare industry for the development of various medical equipments.
A more than 150-page report to understand trends, opportunity and forecast in global amorphous soft magnetic materials market to 2031 by type (cobalt-based, Fe-Ni-based, iron-based, and others), application (electronic article surveillance, flexible antenna, magnetic sensors, magnetic shieldings, transformers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that fe-ni-based is ...
... expected to witness highest growth over the forecast period as it ensures high saturation magnetic induction, magnetic permeability, resistivity, low coercivity, and low iron core loss.
Within this market, transformer will remain the largest segment as amorphous metal cores in transformers plays a very important role in reducing their overall weight while enhancing energy efficiency.
Download sample by clicking on amorphous soft magnetic materials market.
APAC is expected to witness highest growth over the forecast period due to increasing adoption of energy-efficient technologies in countries like China and India, growing demand of electric vehicles, and presence of major players in the region.
Advanced Technology & Materials, AMES SA, Arnold Magnetic Technologies, Bomatec, China Amorphous Technology, GKN Sinter Metals, Hitachi Metals, MK Magnetics, Powder Metal Group, Steward Advanced Materials are the major suppliers in the amorphous soft magnetic materials market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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