Middle East & Africa Soft Magnetic Materials Market Size & Outlook
Related Markets
MEA soft magnetic materials market highlights
- The MEA soft magnetic materials market generated a revenue of USD 1,023.3 million in 2019.
- The market is expected to grow at a CAGR of 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.
MEA data book summary
| Market revenue in 2019 | USD 1,023.3 million |
| Market revenue in 2027 | USD 1,513.6 million |
| Growth rate | 5% (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, MEA region accounted for 5.3% 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 |
|---|---|---|---|---|
| VACUUMSCHMELZE | View profile | 1001-5000 | Hanau, Hessen, Germany, Europe | http://www.vacuumschmelze.com/ |
| Steward Advanced Materials | View profile | 1-10 | Chattanooga, Tennessee, United States, North America | https://www.stewardmaterials.com/ |
| Speciality Sintered | View profile | 251-500 | Chakan, Maharashtra, India, Asia | https://specialitysintered.com |
| Arnold Magnetic Technologies | View profile | 501-1000 | Rochester, New York, United States, North America | http://www.arnoldmagnetics.com/ |
| Mahindra & Mahindra Ltd DR | View profile | 61874 | Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, India, 400 018 | https://www.mahindra.com |
| Dowlais Group PLC | View profile | 23912 | 11 Bressenden Place, 2nd Floor Nova North, London, United Kingdom, SW1E 5BY | https://www.dowlais.com |
| Meyer | View profile | 1001-5000 | Vallejo, California, United States, North America | https://meyerus.com/ |
| JFE Holdings Inc | View profile | 44469 | 2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, Japan, 100-0011 | http://www.jfe-holdings.co.jp |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Middle East & Africa 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 48.65% in 2019. Horizon Databook has segmented the Middle East & Africa soft magnetic materials market based on motors, transformers, alternators covering the revenue growth of each sub-segment from 2016 to 2027.
- Middle East & Africa Soft Magnetic Materials Application Outlook (Revenue, USD Million, 2016-2027)
- Motors
- Transformers
- Alternators
- Others
- Middle East & Africa Soft Magnetic Materials Product Outlook (Revenue, USD Million, 2016-2027)
- SiFe/Electrical steel
- Ferrites
- NiFe/permalloys
- Others
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa soft magnetic materials market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa soft magnetic materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Soft Magnetic Materials Market Share, 2019 & 2027 (US$M)
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