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Is Consumer Electronics Recovery Strong Enough to Boost Nano Crystalline Soft Magnetic Material DemandNEW YORK, March 2, 2021 /PRNewswire/ -- Nano crystalline soft magnetic material demand grew at an average of 7.5% CAGR between 2016-2020, and latest research by consulting firm Fact.MR projects sales to expand at 9.5% CAGR through 2031. Recovery in consumer electronics and anticipated opportunities in electric vehicles (EVs) are set to drive growth in 2021 and beyond. Fact.MR's new study tracks nano crystalline soft magnetic material sales in 20+ high-growth markets, covering sales across key segments and countries. According to the European Commission Report, the applications of nano crystalline soft magnetic materials in electronic industry has surged owing to its attributes. A recovery in consumer electronics industry will be key to growth in 2021, according to the study. "Precipitous advancements in the consumer electronics and applications industry to witness a breakthrough in the forecast period owing to the increasing demand from the manufacturers of nano crystalline soft magnetic materials," says a Fact.MR analyst. For more Insights into the Market, Request a Sample of this Report https://www.factmr.com/connectus/sample?flag=S&rep_id=771 Key Takeaways
Competitive Landscape Some of the leading nano crystalline soft magnetic materials manufacturers profiled by Fact.MR include Bomatec, Henan Zhongyue, Henan Zy Amorphous Technology co. Ltd., Hitachi Metals Ltd., Magnetec, Qingdao Yunlu energy Technology Co. Ltd., VaccumSchmelze, and Vikarsh Stamping India Private Limited among others. Key players are strategizing by launching new higher quality products to generate new proceedings. Key player, Hitachi Metals Ltd. announced the development of the FT-3K10Q series, common mode choke coils/core with high impedance using FINEMAT, nano crystalline soft magnetic material for improved impedance across a wide frequency and temperature range. Likewise, in 2018, Henan Zhongyue Amorphous Technology Co. Ltd. launched soft magnetic nano crystalline magnetic ribbon with high saturation flux density, high permeability, and corrosion resistance. Get Customization on this Report for Specific Research Solutions https://www.factmr.com/connectus/sample?flag=RC&rep_id=771 More Valuable Insights on Nano crystalline soft magnetic materials Market Fact.MR, in its new offering, presents a detailed analysis of the global nano crystalline soft magnetic materials market. The study divulges essential insights on the nano crystalline soft magnetic materials market on the basis of classification (one dimensional, two dimensional, and three dimensional), application (transformers [portable, transmission and distribution], motors [1 hp-100 hp, 101 hp-200 hp, 201 hp-1000 hp, above 1000 hp], inductors, and generators), end-use (consumer electronics & applications, healthcare, automotive, and semi-conductors), and across major regions of the world (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa). Key Questions Covered in the Report
Need more information about Report Methodology? Ask here https://www.factmr.com/connectus/sample?flag=RM&rep_id=771 Explore Fact.MR's Coverage on the Chemicals & Materials Domain Permanent Magnet Market: Fact.MR's comprehensive analyses on the Permanent Magnet market offers readers with a bird's eye view of the entire landscape. The analysis sheds insight on key information regarding future growth drivers, opportunities and threats in the upcoming years. The report delves on the strength and weaknesses of the key-players with a detailed analysis. Soft Magnetic Composites (SMC's) Market: Explore Fact.MR's Soft Magnetic Composites (SMC's) Market research report, offering a detailed study on multiple market trends for the present and upcoming decade. The study entails analyses about the prominent growth trends present across key geographies and major segments, along with information about key manufacturers operating within the landscape. Magnetic Alloys Market: The Magnetic Alloys report published by Fact.MR analyses a detailed report for the market trends, opportunities and threats. It delves into the key player's insights and multiple growth trends for the forecast period. The study reveals key challenges and drivers for the upcoming years for the product. About Fact.MR Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner. Contact: Sudip Saha Corporate Headquarter:
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