Soft Magnetic Materials Market is growing at a CAGR of 8.2% by 2030

1. Market Research Report EXCLUSIVE EDITION Global Soft Magnetic Materials Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Global Soft Magnetic Materials Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

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5. Soft Magnetic Materials Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 The Market Statsville Group (MSG) publishes the new report on the "Soft Magnetic Materials Market by Material (Cobalt, Iron, Nickel, Electric Steel, and Others), by Industry Vertical (Automotive, Electrical & Electronics, Telecommunication, Energy & Power, and Others), by Region – Global Share and Forecast to 2030". The global soft magnetic materials market size is expected to grow at a CAGR of 8.2% during the forecast period. Magnetic sensitivity of magnetic materials is measured in permeability. Soft magnetic materials respond differently when a magnetic field is applied to them. These materials easily change their orientation in an applied field, which is not the case with hard magnetic materials. Soft magnetic materials can be easily magnetized and de-magnetized, while hard magnetic materials cannot be magnetized or de-magnetized. This makes soft magnetic materials highly permeable, making them desirable in DC applications. Soft magnetic materials can store magnetic energy, which is desirable in electronic and electrical circuits as it allows magnetic energy to be easily converted back into electrical energy. When a magnetic field is applied to soft magnetic materials, flux is produced. The built-in flux core is proportional to the applied current and the permeability of the soft magnetic core material. The stored magnetic energy is converted back to electrical energy when the exciting current is removed. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. Request Sample Copy of this Report: https://www.marketstatsville.com/request- sample/soft-magnetic-materials-market Global Soft Magnetic Materials Market Segmentation The soft magnetic materials market has been segmented into the material, industry vertical, and region. •By Material (Cobalt, Iron, Nickel, Electric Steel, and Others) •By Industry Vertical (Automotive, Electrical & Electronics, Telecommunication, Energy & Power, and Others) •By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru) Direct Purchase Report: https://www.marketstatsville.com/buy-now/soft- magnetic-materials-market?opt=2950 Electrical & Electronics, by industry vertical, is estimated to hold the largest market share during the forecast period Depending on industry vertical, the global soft magnetic materials market is classified as automotive, electrical & electronics, telecommunication, energy & power, and others © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. The Electrical & Electronics segment had the largest market in 2021 and accounted for 37.2% of the market share. Electrical applications of soft magnetic materials include stators of brushless DC motors, stepper motors, brushed DC motors, switched reluctance motors, claw pole motors, transformers, and alternators. Due to the properties such as low coercivity, high electrical resistivity to iron, high permeability, soft magnetic materials acts as an electrical insulator and has less eddy current losses. Advantages of brushless DC motors such as better speed control, higher efficiency, no sparking, longer lifetime, higher torque to weight ratio, more reliability, and less noise are expected to increase the demand for brushless DC motors in industrial applications. This factor is anticipated to surge the demand for soft magnetic materials as used in brushless DC motors' stators. Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/soft-magnetic-materials- market The Asia Pacific accounts for the largest market share in the soft magnetic materials market 2021 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. Region-wise, the soft magnetic materials market is analyzed across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, Asia Pacific accounted for the highest market share of 33.7% in the global soft magnetic materials market and was anticipated to maintain its dominance throughout the forecast period. The Asia-Pacific soft magnetic materials market is studied across China, Japan, India, Australia, South Korea, and the rest of Asia-Pacific. Japan experienced a rise in electronic products, which use soft magnetic materials for microwave and radio signals in devices. In India, the rise in electricity production drives the growth of the soft magnetic materials market. In addition, Australia being the mining giant in the region, the use of soft magnetic material in fluxgate magnetometers drives the market growth. The increase in motor vehicle production drives the South Korean soft magnetic material market. An increase in demand and production of electric vehicles due to soft magnetic materials' permeability and coercivity properties has increased the demand for soft magnetic materials. The electricals & electronics, automotive, and power & energy industry largely offers the soft magnetic materials market growth opportunity. China, Japan, Korea, and India are the major contributors to the Asia-Pacific soft magnetic materials market growth. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. Browse complete report: https://www.marketstatsville.com/soft-magnetic- materials-market This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the soft magnetic materials market. It also consists of leading companies such as Melrose Industries PLC, Vacuumschmelze GmbH and Co. KG, Toshiba Materials Co., Ltd., Daido Kogyo Co. Ltd., Hitachi Metals, Ltd., GRUNDFOS A/S, Sumitomo Metal Mining Co., Ltd., AMES, Mate Co., Ltd, Steward Advanced Materials Inc., and SG Technologies. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

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