Magnetic Core Materials Market was valued at USD 23.5 Billion in 2022 and is projected to reach USD 34.2 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global magnetic core materials market was valued at approximately USD 25.4 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2028. The growth of the market is driven by increasing demand from the electronics sector, particularly for components used in power supplies, transformers, and inductors. Furthermore, advancements in automotive technologies and the rising adoption of renewable energy sources contribute to the expansion of this market. Emerging economies are showing significant potential due to rapid industrialization and infrastructure development, which drives the need for efficient magnetic materials.
Opportunity analysis indicates that the market is poised for substantial growth due to innovations in magnetic materials and their applications. Emerging trends such as the integration of advanced magnetic core materials in electric vehicles and smart grid technologies are expected to open new avenues for market expansion. Additionally, the rise in consumer electronics and the need for high-efficiency components are likely to boost market opportunities. The increasing emphasis on energy efficiency and sustainability is also anticipated to drive demand for advanced magnetic materials, creating lucrative opportunities for market players and investors.
Get an In-Depth Research Analysis of the Global Magnetic Core Materials Market Size And Forecast [2025-2032]
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
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Magnetic Core Materials Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Magnetic Core Materials Market
SMPS
Power Inductors
Transformer
Inverter
Others
Based on Types the Market is categorized into Below types that held the largest Magnetic Core Materials market share In 2023.
Ferrite Core
Powder Core
Amorphous Core
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Magnetic Core Materials Market Research Analysis
1. Introduction of the Global Magnetic Core Materials Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Magnetic Core Materials Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Magnetic Core Materials Market, By Type
6. Global Magnetic Core Materials Market, By Application
7. Global Magnetic Core Materials Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Magnetic Core Materials Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/