Us Metal Magnetic Powder Core Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Metal Magnetic Powder Core Market was valued at USD 0.45 Billion in 2022 and is projected to reach USD 0.82 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The United States metal magnetic powder core market is experiencing significant growth, driven by advancements in power electronics and the increasing adoption of renewable energy technologies. In 2023, the global market was valued at approximately USD 709 million and is projected to reach around USD 2,049 million by 2030, with a compound annual growth rate (CAGR) of 16.8% during the forecast period.
One of the primary factors propelling this market expansion is the rising demand for high-efficiency power electronics. Industries are increasingly focusing on sustainable and energy-efficient solutions, leading to the adoption of advanced magnetic components in power management systems. The burgeoning electric vehicle (EV) market in the U.S. also plays a crucial role, as metal magnetic powder cores enhance the performance and efficiency of EV powertrains.
The telecommunications sector's rapid growth, especially with the rollout of 5G technology, necessitates robust and efficient power supply components. Metal magnetic powder cores are essential in manufacturing inductors and transformers that ensure stable power supply and efficient signal transmission in telecommunications equipment.
Investments in renewable energy projects, such as wind and solar power, further bolster the market. Metal magnetic powder cores are vital in inverters and converters used in these systems, maximizing energy conversion and distribution efficiency. As the U.S. strives to meet renewable energy targets and reduce carbon emissions, the demand for these magnetic components is poised to grow substantially.
In my experience working with renewable energy systems, the integration of metal magnetic powder cores has been pivotal in achieving higher efficiency and reliability. Their unique properties, such as low eddy current loss and high magnetic permeability, make them indispensable in modern power applications.
Regionally, the Asia Pacific dominates the global market, accounting for approximately 48% of the share in 2023, followed by South Korea and North America with shares of 22% and 14%, respectively. In terms of application, photovoltaics and energy storage represent the largest segment, holding about 34% of the market share.
As industries continue to innovate and prioritize energy efficiency, the U.S. metal magnetic powder core market is expected to witness sustained growth, playing a crucial role in the nation's technological and sustainable development.
Get an In-Depth Research Analysis of the Global Metal Magnetic Powder Core Market Size And Forecast [2025-2032]
Â
POCO Magnetic
ZheJiang NBTM KeDa (KDM)
CSC (Changsung Corp.)
MAGNETICS
Micrometals
Proterial
Ltd. (Formerly Hitachi Metals)
Dongbu Electronic Materials
Samwha Electronics
Qingdao Yunlu Advanced Materials
TDG
DMEGC
CMSS Technology
Nanjing New Conda Magnetic
Sinomag Technology
Amogreentech
Â
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 Metal Magnetic Powder Core 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 Metal Magnetic Powder Core Market
Iron-Based Alloys
Nickel-Based Alloys
Cobalt-Based Alloys
Ferrite-Based Materials
Transformers
Inductors
Chokes
Magnetic Sensors
High-Frequency Devices
Consumer Electronics
Automotive
Aerospace and Defense
Healthcare
Renewable Energy
Ring Cores
Rectangular Cores
Cylindrical Cores
Specialty Shapes
Custom Sizes
Direct Sales
Distributors
Online Retail
Wholesale
Aftermarket Sales
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 @ Metal Magnetic Powder Core Market Research Analysis
1. Introduction of the Global Metal Magnetic Powder Core 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 Metal Magnetic Powder Core Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Metal Magnetic Powder Core Market, By Type
6. Global Metal Magnetic Powder Core Market, By Application
7. Global Metal Magnetic Powder Core Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Metal Magnetic Powder Core 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/