FMI’s Detailed Report on Soft Magnetic Composites Market Offers Projections of Potential Impact of Corona Virus Outbreak - PowerPoint PPT Presentation

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FMI’s Detailed Report on Soft Magnetic Composites Market Offers Projections of Potential Impact of Corona Virus Outbreak

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Growth prospects of soft magnetic composites are lucrative in North America and East Asia, owing to the strong presence of industry behemoths in these regions. While both the regional markets are on par with each other in terms of revenue, the market in East Asia will surpass that in North America in the coming years. – PowerPoint PPT presentation

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Title: FMI’s Detailed Report on Soft Magnetic Composites Market Offers Projections of Potential Impact of Corona Virus Outbreak


1
Global Soft Magnetic Composites Market on a
Steady Growth Trail FMI Provides Projections in
Light of COVID-19 Pandemic in its New Revised
Report
  • Oct 2020

Report Id REP-GB-869 Published On
14-Jan-2020 Category Chemicals and Materials
2
AboutFuture Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
research services at a global as well as regional
level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
Energy, Technology, Healthcare, and Retail. We
have a global presence with delivery centers
across India specializing in providing global
research reports and country research reports.
FMI is headquartered out of London, U.K., with a
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India. We combine our knowledge and learning from
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For detailed subscription information please
contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email hari.t_at_futuremarketinsights.co
m
3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
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  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Soft Magnetic Composites Market Analysis
With the accelerating electricity consumption and
increasing threat from the green-house effect and
consequential environmental degradation, all the
industries are stepping forward into the
reduction of consumption and loss of energy.
Though increasing the energy production will meet
the demand but it will lead to increased strain
on natural resources and hence the environment.
The better way to tackle the problem lies in the
reduction of core losses that is related to the
generation and transformation of electricity. All
transformation from generator to electric socket
and finally computer screen or hair dryer is
achieved by a simple device consisting of copper
winding around a core of a soft-magnetic
material, usually iron or an electric steel, and
losses comes from the resistance in the copper
and from the magnetization of the core material.
Iron based soft magnetic composites are often
termed ferromagnetic composite iron (abbreviated
as FCI) or soft magnetic composites (abbreviated
as SMC), increasingly used for soft magnetic
applications. Efforts to improve the performance
of electrical devices and to create the new high
quality applications lead to the optimization of
their design and application. Request a Sample
of this Report _at_ https//www.futuremarketinsights.
com/reports/sample/rep-gb-869
5
Soft Magnetic Composites Market Analysis
These materials are manufactured from iron and
iron-based powder particles pressed together with
a dielectric binder using the powder metallurgy
compaction process. In low frequency applications
(up to 50 kHz), high purity coarse iron powder is
used with a thermoset resin powder to compete
with low carbon steel laminate constructions.
These applications will include small motors,
reluctance motors and brushless dc motors which
also requires hard magnetic components for an
efficient design. Advancements in materials
research has put the imagination into reality to
produce high quality material with soft magnetic
properties. SMC compete with steel laminations at
a similar production cost or even cheaper. The
benefits of replacing the conventional laminated
core in an electric machine with the SMC are
considerable, and include reduced high frequency
tooth ripple losses since the SMC has essentially
no eddy current losses, modular construction
allows the possibility of easy removal of an
individual modular unit for quick repair or
replacement, stator is easily recyclable, reduced
bearing currents. Soft ferrite has the dominant
share amongst the soft magnetic composites. Use
of SMC in automotive application will also
expand, for instance in electro-mechanical valve
opening and closing, direct fuel injection, noise
suppression etc.
6
Soft Magnetic Composites Market Analysis
Iron based soft magnetic composites are
considered to have major potential in electric
motors. Due to the significant economic and
environmental benefits, SMC materials possess
great potential for application in electrical
machines, particularly those with complex
structures. However, because of the outstanding
drawbacks of the SMC, as lower magnetic
permeability and lower saturation flux density
compared with laminated steels, particular
efforts to overcome them should be done. Soft
Magnetic Composites Market Drivers Restraints
Energy paradigm shift to adopt usage of
renewable energy sources, awareness towards
reduction of greenhouse gas emissions, rising
sustainability concerns, and government
regulations promoting energy efficient systems
are some of the key factors driving the growth of
the soft magnetic composites market. Raw material
availability, associated costs and skilled labor
force are probable factors restraining the growth
of the soft magnetic composites market. Soft
Magnetic Composites Market Segmentation The
global soft magnetic composites market is broadly
classified on the basis of product type,
applications and geographies.
7
Soft Magnetic Composites Market Analysis
  • Based on application, the global soft magnetic
    composites market is segmented into
  • Electronics
  • Automotive
  • Energy generation
  • Others
  • Based on product type, the global soft magnetic
    composites market is segmented into
  • Soft ferrite
  • Electrical steel
  • Soft Magnetic Composites Market Overview
  • Increased concern for energy efficiency and , the
    acceptance of soft magnetic composites is gaining
    popularity. The global soft magnetic composites
    market is expected to expand at a promising CAGR
    during the forecast period (2015-2025).
  • Soft Magnetic Composites Market Region-wise
    Outlook
  • The global soft magnetic composites market is
    expected to register a double-digit CAGR for the
    forecast period.

8
Soft Magnetic Composites Market Analysis
Depending on geographic regions, global soft
magnetic composites market is segmented into
seven key regions North America, South America,
Eastern Europe, Western Europe, Asia Pacific,
Japan, and Middle East Africa. As of 2015,
Europe dominated the global soft magnetic
composites market in terms of market revenue
followed by North America. Asia Pacific Japan
are projected to expand at a substantial growth
and will contribute to the global soft magnetic
composites market value exhibiting a robust CAGR
during the forecast period, 2015-2025. Request
for Report Ask A Question _at_ https//www.futuremark
etinsights.com/ask-question/rep-gb-869 Soft
Magnetic Composites Market Key Players Some of
the key market participants in global soft
magnetic composites market are Steward Advanced
Materials Inc, GKN Sinter Metals, Dexter
Magnetics, MMG Canada Limited, Magnetics, AMES,
Elna Magnetics, Hitachi Metals Ltd, Höganäs AB,
Arnold Magnetic Technologies Corp and Electron
Energy Corporation.
9
Soft Magnetic Composites Market Analysis
The research report presents a comprehensive
assessment of the market and contains thoughtful
insights, facts, historical data, and
statistically supported and industry-validated
market data. It also contains projections using a
suitable set of assumptions and methodologies.
The research report provides analysis and
information according to categories such as
market segments, geographies, types and
applications.
For more insights on the Soft Magnetic Composites
Market,you can request a report sample with full
TOC
10
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Thank You
Future Market Insights Global Consulting
Private Limited (FMI)
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