Soft Magnetic Core Market Report 2025 (Global Edition)

Global Soft Magnetic Core Market Report 2024 Market Size Split by Type (Ferrite Core, Powder Core, Amorphous Core), by Application (SMPS, Power Inductors, Transformer, Inverter, Others)

Soft Magnetic Core Market Report Description

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Soft Magnetic Core Market Insights Video

Competitive Landscape of the Soft Magnetic Core Market

The Soft Magnetic Core marketplace is characterized by means of intense opposition among key players, consisting of producers of ferrite, amorphous, and nanocrystalline materials. Major companies are aware of innovation, exceptional, and customization to meet the various needs of industries like automobiles, renewable strength, and purchaser electronics. Strategic partnerships, mergers, and acquisitions are commonplace as corporations are searching to beautify their market presence and technological abilities. Additionally, growing investments in research and improvement goals to enhance performance traits and decrease manufacturing expenses, using similar opposition.

Top Companies Market Share in Soft Magnetic Core Industry: (In no particular order of Rank)

• Hitachi
• TDK
• Magnetics
• AT&M
• CSC
• DMEGC
• VACUUMSCHMELZE
• TDG
• POCO Magnetic
• Delta Magnets Group
• Fastron
• Zhixin Electric
• Zhaojing Incorporated
• Qingdao Yunlu
• Foshan Catech
• Acme Electronics
• Ferroxcube
• Nanjing New Conda
• Haining Lianfeng Magnet
• JPMF Guangdong
• KaiYuan Magnetism
• ZheJiang NBTM KeDa
• Samwha Electronics
• Toshiba Materials
• Huzhou Careful Magnetism
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Soft Magnetic Core Market

Which Region Dominates the Soft Magnetic Core Market in 2024?

According to Cognitive Market Research, North America currently dominates the Soft Magnetic Cores market, and the region is expected to have significant growth during the projected period. The North American soft magnetic core market is experiencing a tremendous boom due to the rising calls for power-efficient answers in industries like automotive, renewable electricity, and patron electronics. Increased investments in electric automobiles and renewable power technologies are using innovation and increasing packages for Soft Magnetic Cores in the area.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The Asia Pacific Soft Magnetic Core marketplace is hastily increasing, driven by booming industries such as electronics, automotive, and renewable energy. Growing investments in electric-powered vehicles and advancements in manufacturing technology are fostering demand for high-performance smooth magnetic cores, making the place a key player in this market's growth.

The current report Scope analyzes Soft Magnetic Core Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Soft Magnetic Core

According to Cognitive Market Research, the global Soft Magnetic Core market size was estimated at USD 3325.8 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1330.32 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Soft Magnetic Core market with a market size of USD 1049.62 million in 2024 and is projected to grow at a CAGR of 1.5% during the forecast period. The U.S. market's rising electrification demand.
• The Canada Soft Magnetic Core market had a market share of USD 159.64 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. Canada’s renewable energy growth.
• The Mexico Soft Magnetic Core market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 121.06 million in 2024.

Europe Soft Magnetic Core

According to Cognitive Market Research, the global Soft Magnetic Core market size was estimated at USD 3325.8 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 997.74 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.0% from 2024 to 2031.

• The United Kingdom Soft Magnetic Core market had a market share of USD 167.62 million in 2024 and is projected to grow at a CAGR of 2.8% during the forecast period. In the UK, Soft Magnetic Core sales witness an upswing due to the EV adoption.
• The France Soft Magnetic Core market is projected to witness growth at a CAGR of 1.2% during the forecast period, with a market size of USD 91.79 million in 2024.
• According to Cognitive Market Research, the German Soft Magnetic Core market size was valued at USD 197.55 million in 2024 and is projected to grow at a CAGR of 2.2% during the forecast period. In Germany, Soft Magnetic Core surged due to the industrial automation.
• The Italy Soft Magnetic Core market is projected to witness growth at a CAGR of 1.4% during the forecast period, with a market size of USD 85.81 million in 2024.
• The Russia Soft Magnetic Core market is projected to witness growth at a CAGR of 1.0% during the forecast period, with a market size of USD 154.65 million in 2024.
• The Spain Soft Magnetic Core market is projected to witness growth at a CAGR of 1.1% during the forecast period with a market size of USD 81.81 million in 2024
• The Luxembourg Soft Magnetic Core market is projected to witness growth at a CAGR of 2.1% during the forecast period, with a market size of USD 30.93 million in 2024.
• The Portugal Soft Magnetic Core market is projected to witness growth at a CAGR of 1.8% during the forecast period, with a market size of USD 20.95 million in 2024.
• The Greece Soft Magnetic Core market is projected to witness growth at a CAGR of 2.3% during the forecast period, with a market size of USD 11.97 million in 2024.
• The Rest of Europe's Soft Magnetic Core market is projected to witness growth at a CAGR of 0.7% during the forecast period, with a market size of USD 154.65 million in 2024.

Asia Pacific Soft Magnetic Core

According to Cognitive Market Research, the global Soft Magnetic Core market size was estimated at USD 3325.8 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 764.93 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Soft Magnetic Core market size was valued at USD 344.22 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Soft Magnetic Core surged in China due to miniaturization trends.
• The Japan Soft Magnetic Core market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 105.56 million in 2024.
• The India Soft Magnetic Core market had a market share of USD 91.79 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. India's power efficiency.
• The South Korean Soft Magnetic Core market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 76.49 million in 2024.
• The Australian Soft Magnetic Core market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 39.78 million in 2024.
• The South East Asia Soft Magnetic Core market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 52.78 million in 2024.
• The Rest of Asia Pacific Soft Magnetic Core market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 54.31 million in 2024.

South America Soft Magnetic Core

According to Cognitive Market Research, the global Soft Magnetic Core market size was estimated at USD 3325.8 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 166.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Soft Magnetic Core market size was valued at USD 71.17 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Soft Magnetic Cores flourished in Brazil due to R&D investments.
• Argentina's Soft Magnetic Core market had a market share of USD 27.94 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. Argentina's technological advancements.
• Colombia Soft Magnetic Core market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 14.80 million in 2024.
• Peru Soft Magnetic Core market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 13.64 million in 2024.
• Chile Soft Magnetic Core market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 11.97 million in 2024.
• The Rest of Latin America's Soft Magnetic Core market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 26.77 million in 2024.

Middle East and Africa Soft Magnetic Core

According to Cognitive Market Research, the global Soft Magnetic Core market size was estimated at USD 3325.8 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 66.52 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031..

• The GCC Countries Soft Magnetic Core market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 28.47 million in 2024. Soft Magnetic Core sales flourish due to the energy regulations.
• The Egypt Soft Magnetic Core market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 6.98 million in 2024.
• The South Africa Soft Magnetic Core market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 10.51 million in 2024. Soft Magnetic Core sales flourished in South Africa due to expanding electronics industry.
• The Turkey Soft Magnetic Core market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 5.72 million in 2024.
• The Nigeria Soft Magnetic Core market is projected to witness growth at a CAGR of 2.3% during the forecast period, with a market size of USD 6.98 million in 2024.
• The Rest of the MEA Soft Magnetic Core market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 7.85 million in 2024.

Soft Magnetic Core Market Analysis

Soft Magnetic Core Market Type Segment Analysis

According to Cognitive Market Research, Ferrite Core are likely to dominate the Soft Magnetic Core Market over the forecast period. Ferrite cores are drastically contributing to the increase of the Soft Magnetic Core market thanks to their high magnetic permeability and occasional power loss. Their substantial use in transformers, inductors, and electronic devices is pushed by means of a growing call for power-green answers, especially in telecommunications, automotive, and renewable energy sectors.

The Powder Core is the fastest-growing segment in the Soft Magnetic Core Market. Powder cores are gaining traction within the Soft Magnetic Core market because of their exquisite performance in high-frequency programs and low strength losses. Their versatility and compact design cause them to be perfect to be used in transformers and inductors, driving demand in industries that include automobile, telecommunications, and renewable energy.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Soft Magnetic Core Industry. Request a Free Sample PDF!

Soft Magnetic Core Market Application Segment Analysis

According to Cognitive Market Research, the SMPS segment holds the largest share of the market. Switched-Mode Power Supplies (SMPS) are fueling the boom of the soft magnetic core marketplace, as they require efficient magnetic materials for premier performance. The increasing adoption of SMPS in purchaser electronics, industrial applications, and renewable electricity systems drives demand for first-rate gentle magnetic cores, improving electricity performance and lowering losses.

In the Soft Magnetic Core Market, the Power Inductors has been expanding at a rapid pace. Power inductors are propelling the increase of the Soft Magnetic Core market, driven with the aid of their critical function in energy garages and filtering packages. The call for efficient electricity inductors in the automotive, telecommunications, and renewable electricity sectors is increasing as producers are seeking to enhance performance and minimize energy losses in their structures.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion