Current Market Analysis of Soft Magnetic Ferrite Industry in 2023

Soft magnetic ferrite is a special magnetic material with advantages such as high conductivity, low magnetic resistance and high saturation magnetic induction strength. It is widely used in fields such as power electronics, communication equipment and automotive electronics. This article will analyze the current market situation of the soft magnetic ferrite industry to understand the development trends and opportunities of the industry.

1、Market size of soft magnetic ferrite industry

soft magnetic ferrite industry, It has a broad market scale mainly divided into two markets: low frequency power supply applications and high frequency communication applications. At present, the global market size of soft magnetic ferrite is about 17 billion US dollars, and the low frequency power supply application market is dominant.

In the low frequency power supply application market, soft magnetic ferrite is mainly used in fields such as transformers, inductors and power converters. With the development of power electronics, especially the rise of new energy and electric vehicles, the demand for soft magnetic ferrite continues to increase. In addition, emerging applications such as inductive chargers and radio frequency equipment have also provided new growth points for the soft magnetic ferrite market.

In the high frequency communication application market, soft magnetic ferrite is mainly used in RF devices such as mobile phones, tablets and communication base stations. With the development of 5G technology and the spread of smartphones, the demand for high-frequency communication devices is constantly increasing, and this is the soft magnetic ferrite It causes the market to grow.

2、Market Competitiveness Model of Soft Magnetic Ferrite Industry

Market competition in the soft magnetic ferrite industry is very intense; The competition is joined by companies such as Japan, the United States and China. Japanese companies have strong technical strength and market share in the soft magnetic ferrite industry, and are mainly represented by TDK/Hitachi Metal etc.; American companies have shown outstanding performance in the market of high-frequency communication applications, primarily Stachpole, AlphaCore, etc.; Chinese enterprises are developing rapidly in the low frequency power supply application market, mainly including metal magnets, permanent magnet materials, etc.

In recent years, the soft magnetic ferrite industry in China has developed rapidly and its market share is constantly increasing. Chinese enterprises are increasingly competing with internationally renowned companies, making significant breakthroughs in technological innovation, cost control and product quality. In addition, the large consumer demand in the Chinese market also offers great opportunities for the development of the soft magnetic ferrite industry.

3、Market Trends and Opportunities in Soft Magnetic Ferrite Industry

The market trend of the soft magnetic ferrite industry is developing towards high frequency, high performance and miniaturization. With the rapid spread of electronic devices and the continuous improvement of their functions, the performance requirements of soft magnetic ferrite are also increasing. In the future, the soft magnetic ferrite industry will lead a wider development field.

Meanwhile, emerging applications have brought new opportunities to the soft magnetic ferrite industry. With the development of new energy, the demand for soft magnetic ferrite is increasing, especially in the field of electric vehicles. In addition, the spread of smart phones and the promotion of 5G technology will further promote the development of the soft magnetic ferrite industry.