Title: Ferrite Market - Forecast(2022 - 2027)
1Ferrite Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report (2022 - 2027)
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- Ferrite Market size is forecast to reach around
5 billion by 2025, after growing at a CAGR of 5
during 2020-2025. - Ferrite is a ceramic material that consist of
magnetic properties and formed by mixing iron
oxides with one or more metallic elements such as
barium, manganese, nickel, and zinc.
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Key Takeaways
- Growing demand for consumer electronics such as
computers and smartphones is a major growth
factor for ferrite market size during the
forecast period. - Flourishing aerospace and defense industries with
strong demand of ferrite for antennas and radar
systems is also boosting the growth of the
market. - Continuous advancement in artificial intelligence
and voice recognition technology also aid the
growth of the ferrite market share.
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- By Distribution Channel- Segment Analysis
- Owing to low coercivity and good magnetizing
properties, soft ferrite segment holds the
largest share of more than 60 in the ferrite
market in 2019. - Though saturation magnetic flux density of soft
ferrite material is lower than other soft
magnetic materials, the high electric resistance
and outstanding magnetic properties of soft
ferrite materials further drive the market
growth. - Soft ferrite is used in the electronics industry
to make ferrite cores for inductors and
transformers, and in various microwave
components.
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- Ferrite Market Industry Outlook
- Hitachi Metals, Ltd.,
- Ferroxcube International Holding B.V.,
- TDK Corporation,
- Amidon Inc.,
- Laird Technologies, Inc.,
- Toshiba Materials Co., Ltd.,
- Mianyang Kaiyuan Magnetism Material Co., Ltd.,
- Hengdian Group DMEGC Magnetics Co., Ltd.
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Ferrite Market - Forecast(2022 - 2027) Learn
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- Analyst Briefing
- Data Tables
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