Turkey Soft Magnetic Materials Market Size & Outlook
Turkey soft magnetic materials market, 2016-2027 (US$M)
Related Markets
Turkey soft magnetic materials market highlights
- The Turkey soft magnetic materials market generated a revenue of USD 769.7 million in 2019 and is expected to reach USD 1,062.7 million by 2027.
- The Turkey market is expected to grow at a CAGR of 4.1% 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 769.7 million |
| Market revenue in 2027 | USD 1,062.7 million |
| Growth rate | 4.1% (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, Turkey accounted for 4.0% 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 Europe, Germany soft magnetic materials market is projected to lead the regional market in terms of revenue in 2027.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 1,062.7 million by 2027.
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Soft Magnetic Materials Market Scope
Soft Magnetic Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Turkey 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 51.73% in 2019. Horizon Databook has segmented the Turkey soft magnetic materials market based on motors, transformers, alternators covering the revenue growth of each sub-segment from 2016 to 2027.
- Turkey Soft Magnetic Materials Application Outlook (Revenue, USD Million, 2016-2027)
- Motors
- Transformers
- Alternators
- Others
- Turkey Soft Magnetic Materials Product Outlook (Revenue, USD Million, 2016-2027)
- SiFe/Electrical steel
- Ferrites
- NiFe/permalloys
- Others
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Target buyers of Turkey 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 Turkey soft magnetic materials market, including forecasts for subscribers. This country databook contains high-level insights into Turkey soft magnetic materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Turkey soft magnetic materials market size, by application, 2016-2027 (US$M)
Turkey Soft Magnetic Materials Market Share, 2019 & 2027 (US$M)
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