LeapZipBlog: Steve Blade's blog: Soft Magnetic Composites (SMCs) Market Sales Reach New Heights with Manufacturers Reinventing their Business Models

Soft Magnetic Composites (SMCs) Market Sales Reach New Heights with Manufacturers Reinventing their Business Models

August 26, 2019 by Steve Blade  

Soft magnetic composites are ferromagnetic powder particles surrounded by electrical insulating film. Soft magnetic composites are used in electromagnetic applications. The unique properties of soft magnetic composites are very low eddy current loss, 3D isotropic ferromagnetic behavior, low total core loss at high and medium frequencies, and possibilities for improved thermal characteristics. Soft magnetic composites are compacted like other powder metal part and heated die compaction is used to offer higher density.

The purpose of this rich study presented by Fact.MR is to elaborate the various market projections impacting the global Soft Magnetic Composites Market during the period until 2027 This assessment delivers high-end statistics concerning market size (US$ Mn), Y-o-Y growth and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the Soft Magnetic Composites Market during the forecast period.

Soft magnetic composite market continues to be influenced by a range of factors, notably rising palpability of silicon ferrite in inductors, and increasing preference for soft magnetic materials in electronic components. Worldwide sales of soft magnetic materials exceeded US$ 18,000 Mn in 2018, according to a new Fact.MR study. Focus of utility equipment manufacturers on curtailing core losses, and leveraging renewable energy sources to meet growing power demand will significantly underpin demand for soft magnetic composites.

Request Free Sample Report Here:

https://www.factmr.com/connectus/sample?flag=S&rep_id=2543

Table of Content

1. Global Soft Magnetic Composites Market - Executive Summary
1.1. Summary of key Findings
1.2. Summary of Statics
1.3. Megatrends
1.4. Opportunity Assessment in Global Soft Composites Market
1.5. Market White Spaces Analysis and Wheel of Fortune Opportunity Analysis

2. Global Soft Magnetic Material Market Overview
2.1. Global Soft Magnetic Materials Market Size (US$ Mn & Tonnes) and Forecast, 2013-2027
       2.1.1. Global Soft Magnetic Materials Market Y-o-Y Growth, By Material Type
2.1.1.1. Soft Magnetic Composites
2.1.1.2. Soft Ferrite
2.1.1.3. Fe Amorphous
2.1.1.4. Nano Crystalline
       2.1.2. Absolute $ Opportunity Analysis, 2018-2027
       2.1.3. Key Market Trends

3. Global Soft Magnetic Composites Market and Key Indicator Assessment
3.1. Introduction
       3.1.1. Global Soft Magnetic Composites Market Taxonomy
       3.1.2. Global Soft Magnetic Composites Market Definition
3.2. Global Soft Magnetic Composites Market Size (US$ Mn & Tonnes) and Forecast, 2013-2027
       3.2.1. Global Soft Magnetic Composites Market Y-o-Y Growth
       3.2.2. Absolute $ Opportunity Analysis, 2018-2027
       3.2.3. Key Market Trends
3.3. Global Soft Magnetic Composites Market Dynamics
3.4. Value Chain
       3.4.1. Profitability and Gross Margin Analysis By Competition
       3.4.2. List of Active Participants
       3.4.3. Raw Material Suppliers
       3.4.4. Key Manufacturers
       3.4.5. Key Distributor/Retailers
3.5. Macro-Economic Factors
3.6. Investment Feasibility Matrix
3.7. Porters Five Forces Analysis
3.8. PESTLE Analysis 
3.9. Global Soft Magnetic Composites Market Scenario Forecast (Optimistic, Likely and Conservative Market Conditions)
       3.9.1. Forecast Factors and Relevance of Impact 
       3.9.2. Regional Soft Magnetic Composites Market Business Performance Summary
3.10. Production Capacity by Key players

TO Be Continue

Tier 1 Players Hold Over50% Share in Soft Magnetic Composites (SMCs) Market

Tier 1 players collectively hold over 50% share of the soft magnetic composites market. Established market footprint of Tier 1 soft magnetic composite manufacturers can be attributed to their robust distribution network and technological expertise. These players are further focusing on production capacity expansion, and mergers & acquisitions with medium-sized players to leverage their innovative development as key expansion strategies. On the other hand, Tier 2 players are competing through new product launches and development of cost-effective alternatives to retain their position in the soft magnetic composites market.  

On the basis of the product type, the soft magnetic composites market is segmented into pure iron/iron, silicon ferrite, permalloy, and supermalloy. Based on the application, the soft magnetic composites market is segmented into inductors, generators, transformers (transmission transformers, distribution transformers, and portable transformers), and motors (1 HP-100 HP motors, 101 HP-200 HP motors, 201 HP-500 HP motors, 501 HP-1000 HP motors, and above 1000 HP motors).

Notable Highlights:

  • GKN plc is planning to divest GKN Powder Metallurgy including GKN Sinter Metals and Hoeganages as a part of new business strategy. The strategy has three agendas linked to it, namely, delivering distinct product development strategies via focused performance targets and rigorous capital allocation; establishing greater accountability-based delivery culture; and separate operationally post-maximizing the shareholder value.
  • Sumitomo Metal Mining Co., Ltd. has acquired a 30% stake in Quebrada Blanca Phase 2 (QB2) copper project of the Teck Resources Ltd. in Chile. QB2 is the second phase of Quebrada Blanca copper mine in Chile.
  • Hitachi Metals Ltd, along with the Singapore Institute of Manufacturing Technology, has established SIMTech-Hitachi Metals Additive Manufacturing Joint Lab for metal additive manufacturing. The company also announced a price increase due to the sharp rise in the cost of raw materials used in magnetic materials, specialty steel, and other components.

The report offers detailed profiles of the leading companies in the soft magnetic components market. Some of the key players in the market include Rio Tinto PLC, GKN plc. (Hoeganaes Corporation), Voestalpine Stahl GmbH, Toshiba Corp (Toshiba Materials Co., Ltd.), Höganäs AB, Hitachi Metals Ltd, VACUUMSCHMELZE GmbH & Co. KG, Hengdian Group DMEGC Magnetics Co., Ltd., PMG Holding GmbH, Sumitomo Metal Mining Co., Ltd., and other prominent players.

Have Any Query?? Ask Our Industry Expert:

https://www.factmr.com/connectus/sample?flag=AE&rep_id=2543

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

Read Full PR Here:

https://www.factmr.com/media-release/853/global-soft-magnetic-composites-market