Press release
Ferrite Cores Market 2024 Research Report
Ferrite Cores MarketThe global Ferrite Cores market was valued at US$ 1997 million in 2023 and is anticipated to reach US$ 2409 million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.
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Report Scope
One trend in the ferrite cores market is the rising adoption of soft ferrite materials, which offer improved magnetic properties and energy efficiency. Soft ferrites are essential in reducing power loss and increasing energy conversion efficiency, making them ideal for applications in EVs, where optimal energy usage is crucial. As EV production increases globally, the demand for soft ferrite cores is expected to grow significantly.
Miniaturization of ferrite cores is another trend, driven by the need for compact electronic devices. With increasing consumer demand for smaller and lighter electronics, manufacturers are developing ferrite cores that maintain performance while reducing size. This trend is particularly important in the telecommunications sector, where compact components are essential for modern devices and infrastructure.
Environmental sustainability is also impacting the market, with companies exploring recyclable materials for ferrite core production. This shift is driven by consumer demand for environmentally friendly electronics and regulatory requirements. The trend aligns with the broader focus on green electronics, particularly in regions with stringent environmental policies.
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Segment by Type
• Manganese-Zinc Ferrite Core
• Nickel-Zinc Ferrite Core
• Magnesium-Zinc Ferrite Core
• Others
Segment by Application
• Communication
• Consumer Electronics
• Household Appliances
• Automotive
• New Energy Industry
• Others
By Companies
TDK, DMEGC, TDG, Acme Electronics, Nantong Guanyouda Magnet, KaiYuan Magnetism, Tianchang Zhongde Electronic, FERROXCUBE, JPMF (Guangdong LingYI), Haining Lianfeng Magnet, Shanghai Jishun Magnetic Material, Nanjing New Conda, JFE Chemical, Shandong Jianuo Electronic, Sunshine Electronic Technology, Suzhou Tianyuan Magnetic, Samwha Electronics, MAGNETICS, Tomita Electric, Shanghai Magway Magnetic, Haining Ferriwo Electronics
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FAQ for this Report
How fast is Ferrite Cores Market growing?
Ans: The Ferrite Cores Market witnessing a CAGR of 2.9% during the forecast period 2024-2030.
What is the Ferrite Cores Market size in 2030?
Ans: The Ferrite Cores Market size in 2030 will be US$ 2409 million.
What is the market share of major companies in Ferrite Cores Market?
Ans: The top five players hold a share about 36%.
What is the Ferrite Cores Market share by type?
Ans: In terms of product type, Manganese-Zinc Ferrite Core is the largest segment, occupied for a share of 72%.
What is the Ferrite Cores Market share by application?
Ans: In terms of application, Communication is the largest application, occupied for a share of 30%.
Who are the main players in the Ferrite Cores Market report?
Ans: The main players in the Ferrite Cores Market are TDK, DMEGC, TDG, Acme Electronics, Nantong Guanyouda Magnet, KaiYuan Magnetism, Tianchang Zhongde Electronic, FERROXCUBE, JPMF (Guangdong LingYI), Haining Lianfeng Magnet, Shanghai Jishun Magnetic Material, Nanjing New Conda, JFE Chemical, Shandong Jianuo Electronic, Sunshine Electronic Technology, Suzhou Tianyuan Magnetic, Samwha Electronics, MAGNETICS, Tomita Electric, Shanghai Magway Magnetic, Haining Ferriwo Electronics
What are the Application segmentation covered in the Ferrite Cores Market report?
Ans: The Applications covered in the Ferrite Cores Market report are Communication, Consumer Electronics, Household Appliances, Automotive, New Energy Industry, Others
What are the Type segmentation covered in the Ferrite Cores Market report?
Ans: The Types covered in the Ferrite Cores Market report are Manganese-Zinc Ferrite Core, Nickel-Zinc Ferrite Core, Magnesium-Zinc Ferrite Core, Others
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