[250 Pages Report] The amorphous metal cores market is expected to record a CAGR of 7.5% during the forecast period 2022-2032, up from US$ 781.6 Million in the year 2022 to reach a valuation of US$ 1610.90 Million by 2032.
| Report Attributes | Details |
|---|---|
| CAGR | 7.5% |
| Value (2022) | US$ 781.6 Million |
| Value (2032) | US$ 1610.90 Million |
The amorphous metal cores market is anticipated to show promising growth prospects in the forecasted period 2022-2032.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The amorphous alloy in the iron core of the transformer significantly reduces energy costs and helps increase electrical characteristics while reducing the level of CO2 emissions. Power transmission equipment manufacturers today are searching for a technology that saves energy and decreases their operating costs.
This has encouraged amorphous metal cores manufacturers to develop optimized and energy-efficient products for use in distribution transformers. Normally, 10% of the total electricity generated by an electric company is lost during the distribution and transmission process.
Thus, distribution transformers consisting of amorphous metal cores help save a significant amount of energy and cost. Other uses that benefit from amorphous metal cores include output filter chokes in large Switched-Mode Power Supply (SMPS), power factor correction chokes in UPS systems, and high-power lamp ballasts.
The initial costs of amorphous metal cores are relatively higher as compared to crystalline silicon steel owing to certain beneficial properties such as lower saturation magnetic flux density of amorphous steel than that of silicon steel, which is mostly preferred by transformer manufacturers.
This results in a high cost per unit of large-sized amorphous core transformers. Although, its increased energy efficiency and low operational costs throughout the lifetime of the transformer could help compensate for its substantial initial costs. Therefore, despite high costs, the above-mentioned factors are estimated to boost the market demand for amorphous metal cores in the coming years.
On the other hand, amorphous metal cores have various limitations which may curb the market growth. Hardness, along with reduced thickness, makes slitting and shearing difficult. Moreover, the brittleness property of amorphous metal cores has also made them un-friendly to transformer manufacturers. Due to these limitations, the amorphous metal core technology has been limited at present to very few customers across geographies.
In North America, the global amorphous metal cores market is projected to witness lucrative growth opportunities owing to the U.S. agreeing to expand the production of amorphous metal core transformers for efficient distribution & transmission of electricity.
The amorphous metal cores market is expected to grow at a rapid pace during the forecast period, due to the high per capita electricity consumption in the U.S. Governments and utilities are taking various initiatives to introduce energy-efficient transforming solutions, which is anticipated to drive revenue growth.
Moreover, regions such as East Asia and South Asia are also estimated to witness lackluster growth driven by major installations of amorphous metal core transformers in India and China. The recent electrification projects are heavily investing in energy-efficient technology which is expected to drive growth for the amorphous metal cores market over the slated time period.
The European countries are also facing an upsurge in the amorphous metal cores market. For instance, Spanish utility companies have started to import the amorphous metal core transformers and are also promoting in-house manufacturing of the same with local manufacturers.
Principal Consultant
Since amorphous metal cores do not have anisotropic properties, it shows excellent magnetic behavior such as minimum iron loss while having high-saturation magnetic flux density with high permeability. Amorphous metal cores are generally used in distribution transformers.
In terms of the end-use sector, Amorphous metal cores are commonly preferred in renewable energy systems such as solar power and wind energy, as they typically operate with 20 - 40% low load conditions. Amorphous metal cores have been used in liquid-filled transformers for over 20 years, and now this technology is trending in dry-type transformers as well.
The global amorphous metal cores market has numerous small-scale and international manufacturers at the regional level. Few industry players are identified across the value chain of the global amorphous metal cores market, which are Hitachi, Ltd., Advanced Technology & Materials Co., Ltd., Zhaojing Incorporated, Qingdao Yunlu New Energy Technology Co., Ltd., China Amorphous Technology Co.,Ltd, ENPAY, Mangal Electrical Industries Pvt. Ltd., KOTSONS Pvt. Ltd., Usha Amorphous Metals Ltd., and Ti-Electronic.
| Report Attribute | Details |
|---|---|
| Growth rate | CAGR of 7.5% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 to 2021 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in US$ Million/ Billion and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
| Segments covered | Product Type, Application, End Use & Region |
| Regional scope | North America (USA, Canada); Latin America (Mexico, Brazil); North America (USA, Canada); Latin America (Mexico, Brazil); Western Europe (Germany, Italy, France, UK, Spain); Eastern Europe (Poland, Russia); Asia Pacific (China, India, ASEAN, Australia & New Zealand); Japan; Middle East and Africa (GCC Countries, S. Africa, Northern Africa) |
| Country scope | USA, Canada, Mexico, Brazil, USA, Canada, Mexico, Brazil, Germany, Italy, France, UK, Spain, Poland, Russia, China, India, ASEAN, Australia & New Zealand, Japan, GCC Countries, S. Africa, Northern Africa |
| Key companies profiled | Hitachi, Ltd., Advanced Technology & Materials Co., Ltd., Zhaojing Incorporated, Qingdao Yunlu New Energy Technology Co., Ltd., China Amorphous Technology Co.,Ltd, ENPAY, Mangal Electrical Industries Pvt. Ltd., KOTSONS Pvt. Ltd., Usha Amorphous Metals Ltd., Ti-Electronic |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The amorphous metal cores market is expected to record a CAGR of 7.5% during the forecast period 2022-2032, up from US$ 781.6 Million in the year 2022 to reach a valuation of US$ 1610.90 Million by 2032
Key players holding substantial market share are Hitachi, Ltd., Advanced Technology & Materials Co., Ltd., Zhaojing Incorporated, Qingdao Yunlu New Energy Technology Co., Ltd., China Amorphous Technology Co.,Ltd, ENPAY, Mangal Electrical Industries Pvt. Ltd., KOTSONS Pvt. Ltd., Usha Amorphous Metals Ltd., and Ti-Electronic.
As per the analysis, the amorphous metal cores market share is likely to be US$ 1610.90 Million by 2032.
Amorphous Metal Cores are being increasingly used in transformers and inverters, which is leading to the market's growth.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Amorphous Metal Cores Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Core Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Core Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Core Type, 2022-2032
5.3.1. E Core
5.3.2. C Core
5.3.3. Others
5.4. Y-o-Y Growth Trend Analysis By Core Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Core Type, 2022-2032
Deep-dive segmentation will be available in the sample on request
6. Global Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Material Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Material Type, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Material Type, 2022-2032
6.3.1. Iron Based
6.3.2. Cobalt Based
6.3.3. Nickel Based
6.3.4. Others
6.4. Y-o-Y Growth Trend Analysis By Material Type, 2017-2021
6.5. Absolute $ Opportunity Analysis By Material Type, 2022-2032
Deep-dive segmentation will be available in the sample on request
7. Global Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032
7.3.1. Invertors
7.3.2. Transformers
7.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
7.5. Absolute $ Opportunity Analysis By Application, 2022-2032
Deep-dive segmentation will be available in the sample on request
8. Global Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia & Pacific
8.3.6. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Core Type
9.2.3. By Material Type
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Core Type
9.3.3. By Material Type
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Core Type
10.2.3. By Material Type
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Core Type
10.3.3. By Material Type
10.3.4. By Application
10.4. Key Takeaways
11. Europe Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Core Type
11.2.3. By Material Type
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Core Type
11.3.3. By Material Type
11.3.4. By Application
11.4. Key Takeaways
12. East Asia Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Core Type
12.2.3. By Material Type
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Core Type
12.3.3. By Material Type
12.3.4. By Application
12.4. Key Takeaways
13. South Asia & Pacific Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Indonesia
13.2.1.4. Malaysia
13.2.1.5. Singapore
13.2.1.6. Australia
13.2.1.7. New Zealand
13.2.1.8. Rest of South Asia & Pacific
13.2.2. By Core Type
13.2.3. By Material Type
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Core Type
13.3.3. By Material Type
13.3.4. By Application
13.4. Key Takeaways
14. MEA Amorphous Metal Cores Market Analysis 2017-2021 and Forecast 2022-2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
14.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Core Type
14.2.3. By Material Type
14.2.4. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Core Type
14.3.3. By Material Type
14.3.4. By Application
14.4. Key Takeaways
15. Key Countries Amorphous Metal Cores Market Analysis
15.1. U.S.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Core Type
15.1.2.2. By Material Type
15.1.2.3. By Application
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Core Type
15.2.2.2. By Material Type
15.2.2.3. By Application
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Core Type
15.3.2.2. By Material Type
15.3.2.3. By Application
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Core Type
15.4.2.2. By Material Type
15.4.2.3. By Application
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Core Type
15.5.2.2. By Material Type
15.5.2.3. By Application
15.6. U.K.
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Core Type
15.6.2.2. By Material Type
15.6.2.3. By Application
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Core Type
15.7.2.2. By Material Type
15.7.2.3. By Application
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Core Type
15.8.2.2. By Material Type
15.8.2.3. By Application
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Core Type
15.9.2.2. By Material Type
15.9.2.3. By Application
15.10. China
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Core Type
15.10.2.2. By Material Type
15.10.2.3. By Application
15.11. Japan
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Core Type
15.11.2.2. By Material Type
15.11.2.3. By Application
15.12. South Korea
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Core Type
15.12.2.2. By Material Type
15.12.2.3. By Application
15.13. India
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Core Type
15.13.2.2. By Material Type
15.13.2.3. By Application
15.14. Thailand
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Core Type
15.14.2.2. By Material Type
15.14.2.3. By Application
15.15. Indonesia
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Core Type
15.15.2.2. By Material Type
15.15.2.3. By Application
15.16. Malaysia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Core Type
15.16.2.2. By Material Type
15.16.2.3. By Application
15.17. Singapore
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Core Type
15.17.2.2. By Material Type
15.17.2.3. By Application
15.18. Australia
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Core Type
15.18.2.2. By Material Type
15.18.2.3. By Application
15.19. New Zealand
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Core Type
15.19.2.2. By Material Type
15.19.2.3. By Application
15.20. GCC Countries
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2021
15.20.2.1. By Core Type
15.20.2.2. By Material Type
15.20.2.3. By Application
15.21. South Africa
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2021
15.21.2.1. By Core Type
15.21.2.2. By Material Type
15.21.2.3. By Application
15.22. Israel
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2021
15.22.2.1. By Core Type
15.22.2.2. By Material Type
15.22.2.3. By Application
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Core Type
16.3.3. By Material Type
16.3.4. By Application
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Hitachi, Ltd.
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Metglas, Inc
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Advanced Technology & Materials Co., Ltd.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Zhaojing Incorporated
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. China Amorphous Technology Co., Ltd
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. ENPAY
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Mangal Electrical Industries Pvt. Ltd.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Usha Amorphous Metals Ltd.
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Ti-Electronic
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Hill Technical Sales Corp.
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
Explore Industrial Automation Insights
View Reports
Amorphous Metal Cores Market
