Global Amorphous Soft Magnetic Materials Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

Cobalt-based materials offer high saturation magnetization and excellent thermal stability, making them well-suited for applications requiring high-frequency operation and high-temperature environments. Fe-Ni-based materials combine the benefits of iron and nickel, providing high permeability and low coercivity, ideal for magnetic sensors and flexible antenna applications where precise magnetic properties are essential. Iron-based materials, on the other hand, offer a balance between performance and cost-effectiveness, making them widely used in various applications such as transformers, magnetic shielding, and electronic article surveillance (EAS) systems. Their low core losses and high magnetic permeability make them particularly suitable for power conversion and distribution applications, including transformers, where efficiency and reliability are paramount. Moreover, iron-based amorphous soft magnetic materials find applications in magnetic shielding to protect sensitive electronic components from electromagnetic interference (EMI) and in EAS systems for anti-theft detection in retail environments. The choice of material type depends on factors such as operating frequency, temperature range, required magnetic properties, and cost considerations, highlighting the importance of understanding the specific requirements of each application segment within the global amorphous soft magnetic materials market. As industries continue to innovate and develop new technologies, the demand for amorphous soft magnetic materials is expected to grow, driven by their versatility, efficiency, and performance across a wide range of applications in electronics, telecommunications, automotive, and power distribution sectors.

Global Amorphous Soft Magnetic Materials Segment Analysis

In this report, the Global Amorphous Soft Magnetic Materials Market has been segmented by Type, Application, and Geography.

Global Amorphous Soft Magnetic Materials Market, Segmentation by Type

The Global Amorphous Soft Magnetic Materials Market has been segmented by Type into Cobalt-Based, Fe-Ni-Based, Iron-Based, and Others.

Cobalt-based soft magnetic materials are characterized by high saturation magnetization and excellent thermal stability, making them ideal for high-frequency applications such as electromagnetic interference (EMI) shielding and high-temperature environments. Fe-Ni-based materials combine the benefits of iron and nickel, offering high permeability and low coercivity, which are advantageous for magnetic sensors, flexible antennas, and other precision applications where precise magnetic properties are crucial. Iron-based soft magnetic materials represent the most commonly used type, balancing performance and cost-effectiveness. They are widely utilized in various applications, including transformers, magnetic shielding, and electronic article surveillance (EAS) systems. With low core losses and high magnetic permeability, iron-based materials are particularly well-suited for power conversion and distribution applications, where efficiency and reliability are paramount. The segmentation of the global amorphous soft magnetic materials market by type reflects the diverse range of applications and performance requirements across different industries. Understanding the specific characteristics and advantages of each material type is essential for manufacturers and end-users to select the most suitable material for their respective applications, ensuring optimal performance and cost-effectiveness.

Global Amorphous Soft Magnetic Materials Market, Segmentation by Geography

In this report, the Global Amorphous Soft Magnetic Materials Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Global Amorphous Soft Magnetic Materials Market Share (%), by Geographical Region, 2024

In 2019, the Asia Pacific region emerged as the dominant force in the global amorphous soft magnetic materials market, with China leading the charge as one of the primary manufacturers of amorphous metal transformers. China's robust manufacturing sector and its status as the world's largest market for electric vehicles (EVs) have propelled the demand for these materials within the country. The increasing adoption of EVs presents significant growth opportunities, with China leading the global EV market.

According to the International Energy Agency, China accounted for 45% of electric cars on the road in 2018, a notable increase from 39% in the previous year, establishing itself as a global hub for electronic and electrical component manufacturing. Major players in the EV industry, such as Tesla, are expanding their presence in the Chinese market, further driving the demand for amorphous soft magnetic materials for the production of EV components. As China continues to prioritize sustainable transportation solutions and invest in EV infrastructure, the demand for these materials is expected to surge in the coming years.

Europe follows closely behind Asia Pacific, holding the second-largest share of the global amorphous soft magnetic materials market, with Germany leading the charge. Germany stands out as a powerhouse in the electronics industry, boasting both high consumption and production levels. The country's electronics and micro-technology industry ranks second globally in terms of manpower, underscoring its significance in the global market. The industry's focus on developing electronics solutions for manufacturing and automotive sectors aligns with Europe's emphasis on smart manufacturing, e-mobility, and sustainable energy transition. As European nations push for greater adoption of electric vehicles and the integration of renewable energy sources into their grids, the demand for amorphous soft magnetic materials is poised to grow further. Germany's leadership in these areas positions it as a key market for these materials, driving innovation and advancements in the sector to meet the region's evolving needs.

The global amorphous soft magnetic materials market is shaped by regional dynamics, with Asia Pacific and Europe emerging as key players due to their strong manufacturing capabilities, focus on sustainability, and investments in emerging technologies like electric vehicles and smart manufacturing. As these regions continue to drive innovation and demand for energy-efficient solutions, the market for amorphous soft magnetic materials is expected to witness steady growth and development in the foreseeable future.

This report provides an in depth analysis of various factors that impact the dynamics of Global Amorphous Soft Magnetic Materials Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Growing Demand for Energy-Efficient Transformers
• Expansion of Renewable Energy Infrastructure

• Growing Electronics and Electrical Industries- These industries encompass a wide range of sectors, including consumer electronics, telecommunications, automotive electronics, industrial machinery, and renewable energy systems, all of which rely on magnetic components for various applications. In the consumer electronics sector, the proliferation of smartphones, tablets, laptops, and other electronic devices has fueled demand for smaller, lighter, and more energy-efficient components. Amorphous soft magnetic materials are essential in the manufacturing of inductors, transformers, and magnetic sensors used in these devices. Their high permeability, low core losses, and excellent frequency response make them ideal for applications requiring compact size, high efficiency, and stable performance. Similarly, the telecommunications industry relies heavily on magnetic components for signal processing, data transmission, and wireless communication. Magnetic materials are used in antennas, RF filters, and other components to ensure reliable and efficient communication networks. Amorphous soft magnetic materials offer superior magnetic properties, such as high permeability and low coercivity, which are critical for optimizing the performance of telecommunications equipment.
  In the automotive industry, the growing trend towards electric vehicles (EVs) and autonomous driving technologies has led to increased demand for amorphous soft magnetic materials. These materials are used in electric motors, power electronics, and sensors to improve efficiency, reduce energy losses, and enhance overall performance. With the automotive industry transitioning towards electrification, the demand for advanced magnetic materials is expected to rise significantly. Moreover, the industrial machinery sector relies on magnetic components for various applications, including motor drives, power generation, and magnetic bearings. Amorphous soft magnetic materials offer advantages such as high saturation magnetization, low coercivity, and excellent thermal stability, making them suitable for demanding industrial environments. Furthermore, the shift towards renewable energy sources like wind and solar power has created new opportunities for the use of amorphous soft magnetic materials in power generation and distribution systems. These materials are used in transformers, inverters, and other components to improve energy efficiency and grid stability in renewable energy systems.

Restraints

• Sensitivity to Thermal Stability
• Limited Awareness and Adoption

• Brittleness and Fragility- Amorphous soft magnetic materials, while offering superior magnetic properties and performance advantages, are inherently more brittle and fragile compared to their crystalline counterparts. This brittleness and fragility can limit the manufacturability, handling, and processing of these materials, presenting obstacles in their commercialization and use in various applications. For example, during the manufacturing process, the brittleness of amorphous soft magnetic materials can lead to challenges in shaping and forming them into desired shapes and sizes, impacting the efficiency and cost-effectiveness of production.
  The fragility of these materials makes them susceptible to damage during handling, transportation, and assembly, leading to increased wastage and production costs. Moreover, in certain applications where mechanical stresses or structural integrity are critical, such as in high-vibration environments or under mechanical loading, the brittleness and fragility of amorphous soft magnetic materials may pose reliability concerns and limit their suitability. As a result, despite their exceptional magnetic properties and performance benefits, the brittleness and fragility of amorphous soft magnetic materials act as restraints in their widespread adoption across various industries and applications. Addressing these challenges through advances in material science, processing techniques, and engineering design is essential to unlock the full potential of amorphous soft magnetic materials and overcome the limitations posed by their brittleness and fragility.

Opportunities

• Rising Demand for Energy-Efficient Products
• Advancements in Electric Vehicle (EV) Technology

• Development of Smart Grids and IoT Devices- Smart grids represent a modernized electrical grid infrastructure that integrates advanced communication, control, and monitoring technologies to optimize the generation, transmission, and distribution of electricity. Similarly, IoT devices enable connectivity and data exchange between various devices and systems, facilitating smart grid functionality and enabling efficient energy management. Amorphous soft magnetic materials play a crucial role in both smart grids and IoT devices due to their unique magnetic properties and performance characteristics.
  These materials are used in transformers, sensors, and communication components within smart grid infrastructure to ensure efficient energy transfer, accurate monitoring of electrical parameters, and reliable communication between grid components. In transformers, amorphous soft magnetic materials help reduce energy losses and improve efficiency, contributing to overall grid stability and reliability. Moreover, in IoT devices deployed within smart grids, such as smart meters, sensors, and communication modules, amorphous soft magnetic materials enable compact and energy-efficient designs. These materials provide the necessary magnetic properties for sensors to detect changes in magnetic fields accurately, monitor electricity flow, and communicate data wirelessly. Additionally, amorphous soft magnetic materials are essential for magnetic shielding applications within smart grid and IoT devices, protecting sensitive electronic components from electromagnetic interference (EMI) and ensuring reliable operation in challenging environments. As the global demand for energy continues to rise, and the need for more sustainable and efficient energy systems becomes increasingly critical, the development of smart grids and IoT devices is accelerating worldwide. Governments, utilities, and industries are investing heavily in modernizing electrical infrastructure and deploying smart grid solutions to improve energy efficiency, enhance grid reliability, and integrate renewable energy sources. This surge in smart grid deployments and IoT device adoption creates a growing demand for amorphous soft magnetic materials, driving innovation and advancements in the market.

Key players in Global Amorphous Soft Magnetic Materials Market include:

• Hitachi Metals
• Vacuumschmelze GmbH
• CHINA AMORPHOUS TECHNOLOGY
• Bomatec
• Toshiba Materials
• Advanced Technology and Materials
• MK Magnetics

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis