DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Soft Magnetic Materials Market - Forecasts from 2017 to 2022" report to their offering.
Global Soft Magnetic Materials Market is projected to grow at a CAGR of 7.18% over the forecast period to reach US$23.073 billion by 2021. Asia Pacific region will witness fastest growth on account of expansion of various end user industries such as electronics & telecommunications and automotive. Moreover, factors like rapid economic development and industrialization will also propel the demand for these materials over the next six years.
Soft magnetic materials can get magnetized and demagnetized, and have inbuilt coercivity of less than 1000 Am-1. They are utilized principally to upgrade as well as channel the flux delivered by an electric current. A perfect soft magnetic material would have zero coercivity, a huge immersion charge, zero hysteresis loss, and expansive/xr max and firi. Pure iron, though delicate, is ordinarily not utilized as a part of electric machines (with the exception of in a couple of particular relay-type applications) since its high conductivity permits expansive eddy streams to be induced under differing fields.
Soft magnetic materials are used for two types of applications AC and DC. In DC applications the material is charged with a specific end goal to play out an operation and after that demagnetized at the finish of the operation. In AC applications the material will be consistently cycled from being magnetized in one direction to the next, all through the time of operation. One of the major growth driver of soft magnetic materials market is increasing demand originating from the automotive industry.
- Daido Steel
- GKN Plc
- Hitachi Metals, Ltd.
- Mate Co
- SG Technologies
- Toshiba Materials Company
- VACUUMSCHMELZE GmbH & Co. KG
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Soft Magnetic Materials Market Forecast by Material Types (US$ billion)
6. Global Soft Magnetic Materials Market Forecast by Application (US$ billion)
7. Global Soft Magnetic Materials Market Forecast by End Use Industry (US$ billion)
8. Global Soft Magnetic Materials Market Forecast by Geography (US$ billion)
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/slvpm7/global_soft