Allied Market Research

Soft Magnet Powder Market Opportunity Analysis 2023

 

Portland, OR -- (SBWIRE) -- 09/27/2017 -- Soft magnet powders are materials that are easily magnetized and demagnetized. This powder plays an important role in many of the electrical and electronic systems and is used in electric motors, receipt of radio signals & microwaves, relays, solenoids, magnetic shielding, electrical power generation & transmission, and electromagnets. According to the new energy standards, which comprises greater dependence on renewable energy sources and energy efficient motors & machines, has fast-tracked research in development of soft magnet powder for energy-related technologies. New materials with higher energy competence includes soft ferrite, electrical steel, amorphous steel, cold-rolled lamination steel, cobalt, silicon steels, low carbon steel alloy, aluminum, phosphorus, chromium, and sintered iron powder.

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The major players profiled in this study include:

-SG Technologies Ltd.
-Vacuumschmelze GmbH & Co., Ltd.
-Steward Advanced Materials
-Mate Co., Ltd.
-GKN Sinter Metals
-Hitachi Metals Ltd.

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Key Benefits

-It offers qualitative trends as well as quantitative analysis for the period of 20162023 to assist stakeholders to understand the market scenario.

-In-depth analysis of the key segments demonstrates the materials use for producing soft magnet powder and its application.

-Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.