Mexico Soft Magnetic Materials Market Size & Outlook
The soft magnetic materials market in Mexico is expected to reach a projected revenue of US$ 286.8 million by 2027. A compound annual growth rate of 2.5% is expected of Mexico soft magnetic materials market from 2020 to 2027.
Revenue, 2019 (US$M)
$234.6
Forecast, 2027 (US$M)
$286.8
CAGR, 2020 - 2027
2.5%
Report Coverage
Mexico
Mexico soft magnetic materials market, 2016-2027 (US$M)
Related Markets
Mexico soft magnetic materials market highlights
- The Mexico soft magnetic materials market generated a revenue of USD 234.6 million in 2019 and is expected to reach USD 286.8 million by 2027.
- The Mexico market is expected to grow at a CAGR of 2.5% 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.
Soft magnetic materials market data book summary
| Market revenue in 2019 | USD 234.6 million |
| Market revenue in 2027 | USD 286.8 million |
| Growth rate | 2.5% (CAGR from 2019 to 2027) |
| Largest segment | Motors |
| Fastest growing segment | Motors |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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, Mexico accounted for 1.2% of the global soft magnetic materials market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In North America, U.S. soft magnetic materials market is projected to lead the regional market in terms of revenue in 2027.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,521.6 million by 2027.
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Soft Magnetic Materials Market Scope
Soft magnetic materials market segmentation & scope
Soft Magnetic Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 49.45% in 2019. Horizon Databook has segmented the Mexico soft magnetic materials market based on motors, transformers, alternators covering the revenue growth of each sub-segment from 2016 to 2027.
- Mexico Soft Magnetic Materials Application Outlook (Revenue, USD Million, 2016-2027)
- Motors
- Transformers
- Alternators
- Others
- Mexico Soft Magnetic Materials Product Outlook (Revenue, USD Million, 2016-2027)
- SiFe/Electrical steel
- Ferrites
- NiFe/permalloys
- Others
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Target buyers of Mexico 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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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 country-level data and insights on the Mexico soft magnetic materials market, including forecasts for subscribers. This country databook contains high-level insights into Mexico soft magnetic materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico soft magnetic materials market size, by application, 2016-2027 (US$M)
Mexico Soft Magnetic Materials Market Share, 2019 & 2027 (US$M)
Related regional statistics
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