Registering a CAGR of 1.2% over the forecast period, the market value of Ferrite Cores is expected to reach US$ 1735.7 million in the year 2027.
Ferrite Cores are made of ceramic electromagnetic material that is commonly used in inductors and transformers. Ferrite cores are commonly used in power and electromagnetic applications. ferrite cores are made of easily magnetizable and demagnetisable material.A ferrite cable core is designed to clean common mode noise (signal) generated from either a signal line or power cable.the Ferrite Core industry is generally more advanced in developed countries. Ferrite cores are used to suppress electromagnetic emissions by blocking low-frequency noise and absorbing high-frequency noise. This avoids electromagnetic interference.High frequency characteristic is the major factor which is driving the demand of soft ferrite core market and these cores are widely adopted for manufacturing of automobile components. Moreover, Ferrite cores are used to improve efficiency of power supplies (switch mode power supply) with minimised power transformer losses which is turning to the another major factor driving the growth of soft ferrite core market in positive manner.These Ferrite cores are primarily use to enhance the flux produced by an electric current. Moreover,Ferrite cores are extensively used in several power circuits such as magnetic amplifiers, inductors, chokes, and current transformers. Presently, ferrite cores are widely used in high frequency transformers. It requires less air conditioning because of this feature ferrite core plays a significant role in energy saving.
Industry News and Updates:
DMEGC raises the bar for high frequency applications with the DMR51W and DMR52W.
26.01.2021
DMEGC introduces new power materials DMR51W and DMR52W with even lower power losses at high temperatures and frequencies. DMR51W has an optimal frequency range of 0.5MHz to 2MHz and DMR52W has an optimal frequency range of 1.5MHZ to 5MHz. When space is limited, use DMR51W and DMR52W ferrite material to gain that extra room in your design.
In March 2015, Hitachi metals introduced new ferrite core materials with high frequency characteristics
In April 2016, Hitachi metals Ltd. Launched new ferrite core material with better temperature properties for automobile components
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
According to regional analysis, Asia Pacific will account for the largest revenue share in the global market due to rapidly rising demand for ferrite cores from APAC countries such as China and India. Rapid industrialization and large-scale production of electronic products such as mobile phones, televisions, refrigerators, laptop computers, and washing machines, among others, can be attributed to rising demand. North America is expected to have a strong revenue CAGR over the forecast period due to rising demand for electrical products, increased manufacturing activities, and the region's strong presence of key players.
The Ferrite Cores Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Ferrite Cores Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Ferrite Cores Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Ferrite Cores Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 1.2% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | TDK, DMEGC, MAGNETICS, TDG, Acme Electronics, FERROXCUBE, Haining Lianfeng Magnet, Jinchuan Electronics, HEC, Suzhou Tianyuan Magnet, KaiYuan Magnetism, Nanjing New Conda, Fenghua, JPMF, Hitachi Metals, FDK, Samwha Electronics, TOMITA ELECTRIC, JFE Ferrite, NEC TOKIN, Nippon Ceramic, Feelux |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 131 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Ferrite Cores Market is studied from 2017 - 2027.
What is the growth rate of the Ferrite Cores Market?
The Ferrite Cores Market is growing at a CAGR of 1.2% over the next 5 years.
Who are the key players in Ferrite Cores Market?
TDK, DMEGC, MAGNETICS, TDG, Acme Electronics, FERROXCUBE, Haining Lianfeng Magnet, Jinchuan Electronics, HEC, Suzhou Tianyuan Magnet, KaiYuan Magnetism, Nanjing New Conda, Fenghua, JPMF, Hitachi Metals, FDK, Samwha Electronics, TOMITA ELECTRIC, JFE Ferrite, NEC TOKIN, Nippon Ceramic, Feelux
What regions does this Ferrite Cores Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Ferrite Cores Market?
Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core, Other
What are the major end-use applications of Ferrite Cores Market?
Consumer Electronics, Household Appliances, Communication, LED, Automotive, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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