Asia Pacific Soft Magnetic Materials Market Size & Outlook

The soft magnetic materials market in Asia Pacific is expected to reach a projected revenue of US$ 10,810.1 million by 2027. A compound annual growth rate of 4.5% is expected of Asia Pacific soft magnetic materials market from 2020 to 2027.
Revenue, 2019 (US$M)
$7,626.6
Forecast, 2027 (US$M)
$10,810.1
CAGR, 2020 - 2027
4.5%
Report Coverage
Asia Pacific

Asia Pacific soft magnetic materials market highlights

  • The Asia Pacific soft magnetic materials market generated a revenue of USD 7,626.6 million in 2019.
  • The market is expected to grow at a CAGR of 4.5% from 2020 to 2027.
  • In terms of segment, motors was the largest revenue generating application in 2019.
  • Motors is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Japan is expected to register the highest CAGR from 2020 to 2027.

Asia Pacific data book summary

Market revenue in 2019USD 7,626.6 million
Market revenue in 2027USD 10,810.1 million
Growth rate4.5% (CAGR from 2019 to 2027)
Largest segmentMotors
Fastest growing segmentMotors
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationMotors, Transformers, Alternators
Key market players worldwideDowlais Group PLC, Hitachi Ltd, JFE Holdings Inc, Mahindra & Mahindra Ltd DR, Meyer, Siemens AG, Arnold Magnetic Technologies, Speciality Sintered, Steward Advanced Materials, VACUUMSCHMELZE

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 39.7% of the global soft magnetic materials market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • MEA is the fastest growing regional market and is projected to reach USD 1,513.6 million by 2027.

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Soft Magnetic Materials Market Scope

Soft Magnetic Materials Market Companies

Name Profile # Employees HQ Website

Asia Pacific soft magnetic materials market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to soft magnetic materials market will help companies and investors design strategic landscapes.


Motors was the largest segment with a revenue share of 52.47% in 2019. Horizon Databook has segmented the Asia Pacific soft magnetic materials market based on motors, transformers, alternators covering the revenue growth of each sub-segment from 2016 to 2027.


  • Asia Pacific Soft Magnetic Materials Application Outlook (Revenue, USD Million, 2016-2027)
    • Motors
    • Transformers
    • Alternators
    • Others
  • Asia Pacific Soft Magnetic Materials Product Outlook (Revenue, USD Million, 2016-2027)
    • SiFe/Electrical steel
    • Ferrites
    • NiFe/permalloys
    • Others

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Target buyers of Asia Pacific soft magnetic materials market databook

  • Our clientele includes a mix of soft magnetic materials market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific soft magnetic materials market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific soft magnetic materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Asia Pacific soft magnetic materials market size, by country, 2016-2027 (US$M)

Asia Pacific Soft Magnetic Materials Market Share, 2019 & 2027 (US$M)

Asia Pacific soft magnetic materials market size, by country, 2016-2027 (US$M)

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