Published by FACT MR
Posted on September 22, 2021
5 min readLast updated: February 3, 2026
The demand for nano crystalline soft magnetic materials is rising, driven by wireless charging and electric vehicle applications, with significant growth expected by 2030.
Proliferation of smartphones that can be inductively charged are set to increase the demand of nano crystalline soft magnetic materials. These materials offer high transmission and outstanding shielding performance against external interference fields. Growing consumer interest in wireless charging and its convenience have driven the robust demand for wireless charging smartphones which in turn has spurred consumption of nano crystalline soft magnetic materials.
On the back of its ability in offering highly efficient power transmission, nano crystalline soft magnetic materials have emerged as an ideal material for inductive charging applications. This will drive the global nano crystalline soft magnetic materials market to grow at a CAGR of ~10% during the forecast period (2020-2030).
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“Numerous applications of nano crystalline soft magnetic materials in photovoltaic systems for current sensors, common mode chokes and cores is anticipated to create lucrative growth avenues for market players”, says the Fact.MR analyst.
Nano crystalline soft magnetic materials market is highly consolidated market in nature in which a fraction of players account for near half of the global market. Hitachi Metals Ltd., VacuumSchmelze, Magnetec and Bomatec are the leading players in the market. Aforementioned prominent players are set to maintain their dominance owing to their inline production capacity expansions during the historical period. Additionally, market goliaths have expanded their product portfolio to address the increasing demand for nano crystalline soft magnetic materials for many applications.
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Fact.MR, in its new offering, presents an unbiased analysis of the nano crystalline soft magnetic materials market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges essential insights on the nano crystalline soft magnetic materials on the basis of classification (one dimensional, two dimensional and three dimensional), application (transformers, motors, inductors and generators) and end use industry (consumer electronics & applications, healthcare, automotive and semiconductor) across six major regions.
Fact.MR has segmented the nanocrystalline soft magnetic materials market on the basis of classification, application, end-use industry, and region.
Classification
Application
End Use Industry
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Region
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The post Sales of Fe-based Nano Crystalline Soft Magnetic Materials to Accelerate from Key End-use Industries Buoyed By High Demand appeared first on The Cloud Tribune.
The article discusses the increasing demand for nano crystalline soft magnetic materials in various industries, particularly for wireless charging and electric vehicles.
Demand is increasing due to the proliferation of inductively charged smartphones and electric vehicles, which require these materials for efficient power transmission.
The United States and China are key markets, driving global consumption and creating significant opportunities for market players.
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