Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- An amorphous metal (also known as metallic glass or glassy metal) is a solid metallic material, usually an alloy, with a disordered atomic-scale structure. Most metals are crystalline in their solid state, which means they have a highly ordered arrangement of atoms. Amorphous metals are non-crystalline, and have a glass-like structure. But unlike common glasses, such as window glass, which are typically electrical insulators, amorphous metals have good electrical conductivity. There are several ways in which amorphous metals can be produced, including extremely rapid cooling, physical vapor deposition, solid-state reaction, ion irradiation, and mechanical alloying.
The Amorphous Metal Ribbons industry was 628.11 Million USD in 2017 and is projected to reach 1135.68 Million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 7.68% between 2017 and 2025. The market is driven by various end-user industries, amorphous metal ribbons can be used to replace silicon steel, Permalloy, and ferriteas excellent materials to make transformer cores for high-frequency switch mode power supplies, current transformer cores, transformer cores for ground-fault-interrupters, cores for filters, storage inductors, and reactors, EMC common mode chokes, sensor cores, cores for saturable reactors, magnetic amplifiers, beads, and pulse compressors.
The initial costs of an amorphous core transformer are higher than of a crystalline silicon steel core transformer: first, the amorphous material itself is more expensive than crystalline silicon steel and second, the saturation magnetic flux density of amorphous steel is lower than that of silicon steel. This means larger sizes of amorphous core transformers are required, which results in a higher cost per unit. However, the higher initial costs can be compensated by lower operating costs over the lifetime of the transformers due to their increased energy efficiency.
The global Amorphous Metal Ribbons market was 670 million US$ in 2018 and is expected to 1140 million US$ by the end of 2025, growing at a CAGR of 7.8% between 2019 and 2025.
This report studies the Amorphous Metal Ribbons market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Amorphous Metal Ribbons in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Hitachi Metal
Advanced Technology
Qingdao Yunlu
Henan Zhongyue
China Amorphous Technology
Zhaojing Incorporated
Junhua Technology
Londerful New Material
Shenke
Orient Group
Foshan Huaxin
By the product type, the market is primarily split into
Iron-Based
Cobalt-Based
Other Types
By the end users/application, this report covers the following segments
Distribution Transformer
Electric Machinery
Electronic Components
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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