Soft magnetic material are those materials that are easily magnetized and demagnetized and are known for having intrinsic coercivity less than 1000 Am. Soft magnetic material is known for enhance and channel the flux produced by electric current. Material considered under includes nickel, cobalt, iron, electric steel, soft ferrite, and their alloys. These material are used in both AC and DC applications. In DC applications, the material is magnetized to perform an operation and then demagnetized at the end of the operation. While, in AC applications, material is continuously cycled and being magnetized in one direction to other throughout the period of application. This is one of the major advantages that the soft magnetic material has over hard magnetic material.

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MARKET OVERVIEW

SOFT MAGNETIC MATERIALS MARKET, BY MATERIAL

SOFT MAGNETIC MATERIALS MARKET, BY INDUSTRY VERTICAL 

SOFT MAGNETIC MATERIALS MARKET, BY REGION