Frequently Asked Questions
The market is segmented based on Global Soft Magnetic Material Market, By Material Type (Soft Magnetic Composites (SMC), Electrical Steel, Soft Ferrite, Cobalt, Others), Application (Motors, Transformers, Alternators, Others), End User (Automotive, Electronics and Telecommunications, Electrical, Others) – Industry Trends and Forecast to 2029.
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The Global Soft Magnetic Materials Market size was valued at USD 61.76 USD Billion in 2021.
The Global Soft Magnetic Materials Market is projected to grow at a CAGR of 9.3% during the forecast period of 2022 to 2029.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.