U.S. Soft Magnetic Materials Market Size & Outlook
Related Markets
U.S. soft magnetic materials market highlights
- The U.S. soft magnetic materials market generated a revenue of USD 2,452.5 million in 2019 and is expected to reach USD 3,521.6 million by 2027.
- The U.S. market is expected to grow at a CAGR of 4.6% 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 2,452.5 million |
| Market revenue in 2027 | USD 3,521.6 million |
| Growth rate | 4.6% (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, U.S. accounted for 12.8% 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 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 |
U.S. 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 50.45% in 2019. Horizon Databook has segmented the U.S. soft magnetic materials market based on motors, transformers, alternators covering the revenue growth of each sub-segment from 2016 to 2027.
- U.S. Soft Magnetic Materials Application Outlook (Revenue, USD Million, 2016-2027)
- Motors
- Transformers
- Alternators
- Others
- U.S. Soft Magnetic Materials Product Outlook (Revenue, USD Million, 2016-2027)
- SiFe/Electrical steel
- Ferrites
- NiFe/permalloys
- Others
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Target buyers of U.S. 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 country-level data and insights on the U.S. soft magnetic materials market, including forecasts for subscribers. This country databook contains high-level insights into U.S. soft magnetic materials market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. soft magnetic materials market size, by application, 2016-2027 (US$M)
U.S. Soft Magnetic Materials Market Share, 2019 & 2027 (US$M)
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