Europe Soft Magnetic Materials Market Size & Outlook
Europe soft magnetic materials market, 2016-2027 (US$M)
Related Markets
Europe soft magnetic materials market highlights
- The Europe soft magnetic materials market generated a revenue of USD 7,245.7 million in 2019.
- The market is expected to grow at a CAGR of 2.9% 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, Turkey is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 7,245.7 million |
| Market revenue in 2027 | USD 9,136.4 million |
| Growth rate | 2.9% (CAGR from 2019 to 2027) |
| Largest segment | Motors |
| Fastest growing segment | Motors |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Motors, Transformers, Alternators |
| Key market players worldwide | Dowlais 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, Europe region accounted for 37.7% 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 |
|---|
Europe 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 50.07% in 2019. Horizon Databook has segmented the Europe soft magnetic materials market based on motors, transformers, alternators covering the revenue growth of each sub-segment from 2016 to 2027.
- Europe Soft Magnetic Materials Application Outlook (Revenue, USD Million, 2016-2027)
- Motors
- Transformers
- Alternators
- Others
- Europe Soft Magnetic Materials Product Outlook (Revenue, USD Million, 2016-2027)
- SiFe/Electrical steel
- Ferrites
- NiFe/permalloys
- Others
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Target buyers of Europe soft magnetic materials market databook
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Our clientele includes a mix of soft magnetic materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe soft magnetic materials market, including forecasts for subscribers. This continent databook contains high-level insights into Europe soft magnetic materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Europe soft magnetic materials market size, by country, 2016-2027 (US$M)
Europe Soft Magnetic Materials Market Share, 2019 & 2027 (US$M)
Related regional statistics
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