Report overview
The global Iron Cobalt Vanadium Soft Magnetic Alloy market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Cold Rolled Strip Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Iron Cobalt Vanadium Soft Magnetic Alloy include VACUUMSCHMELZE, Carpenter Technology Corporation, ShanghaiShuoye MetalMaterialCo., Ltd, ZhuoYi (Shanghai) Industrial Co.,Ltd, Xi'an Gangyan Special Alloy Co., Ltd, Shanghai Shengtong Metal Technology Co., Ltd and Suzhou A-one Special Alloy Co., Ltd, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Among the existing soft magnetic materials, iron-cobalt-vanadium soft-magnetic alloy has the highest saturation magnetic induction (2.4T), high Curie point (980?C), and the largest saturation magnetostriction coefficient (60?100?10-6). Due to the high saturation magnetic induction, when making a motor with the same power, the volume can be greatly reduced, and when it is used as an electromagnet, it can generate a large attraction force under the same cross-sectional area. Due to the high Curie point, the alloy can work at a higher temperature where other soft magnetic materials have been completely demagnetized, and maintain good magnetic stability. Due to its large magnetostriction coefficient, it is extremely suitable for use as a magnetostrictive transducer, with high output energy and high work efficiency. The alloy has a low resistivity (0.27???m) and is not suitable for use at high frequencies. It is expensive, easy to oxidize, and has poor processability. Adding an appropriate amount of nickel or other elements can improve its processability.
This report aims to provide a comprehensive presentation of the global market for Iron Cobalt Vanadium Soft Magnetic Alloy, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Iron Cobalt Vanadium Soft Magnetic Alloy. This report contains market size and forecasts of Iron Cobalt Vanadium Soft Magnetic Alloy in global, including the following market information:
Global Iron Cobalt Vanadium Soft Magnetic Alloy Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Iron Cobalt Vanadium Soft Magnetic Alloy Market Sales, 2019-2024, 2025-2030, (Tons)
Global top five Iron Cobalt Vanadium Soft Magnetic Alloy companies in 2023 (%)
We surveyed the Iron Cobalt Vanadium Soft Magnetic Alloy manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Iron Cobalt Vanadium Soft Magnetic Alloy Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Iron Cobalt Vanadium Soft Magnetic Alloy Market Segment Percentages, by Type, 2023 (%)
Cold Rolled Strip
Cold Drawn Wire
Global Iron Cobalt Vanadium Soft Magnetic Alloy Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Iron Cobalt Vanadium Soft Magnetic Alloy Market Segment Percentages, by Application, 2023 (%)
Aerospace
Microelectronics
Others
Global Iron Cobalt Vanadium Soft Magnetic Alloy Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Iron Cobalt Vanadium Soft Magnetic Alloy Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Iron Cobalt Vanadium Soft Magnetic Alloy revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Iron Cobalt Vanadium Soft Magnetic Alloy revenues share in global market, 2023 (%)
Key companies Iron Cobalt Vanadium Soft Magnetic Alloy sales in global market, 2019-2024 (Estimated), (Tons)
Key companies Iron Cobalt Vanadium Soft Magnetic Alloy sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
VACUUMSCHMELZE
Carpenter Technology Corporation
ShanghaiShuoye MetalMaterialCo., Ltd
ZhuoYi (Shanghai) Industrial Co.,Ltd
Xi'an Gangyan Special Alloy Co., Ltd
Shanghai Shengtong Metal Technology Co., Ltd
Suzhou A-one Special Alloy Co., Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Iron Cobalt Vanadium Soft Magnetic Alloy, market overview.
Chapter 2: Global Iron Cobalt Vanadium Soft Magnetic Alloy market size in revenue and volume.
Chapter 3: Detailed analysis of Iron Cobalt Vanadium Soft Magnetic Alloy manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Iron Cobalt Vanadium Soft Magnetic Alloy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Iron Cobalt Vanadium Soft Magnetic Alloy capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
