The report highlights the increasing use of soft ferrite cores in various end-use industries for power conversion applications. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the soft ferrite core market.
The soft ferrite core market is bifurcated into type and end-use industry. Based on type, the market is segmented into manganese-zinc ferrite and nickel-zinc ferrite. In 2022, the manganese-zinc ferrite segment accounted for the highest market share in the soft ferrite core market. On the basis of end-use industry, the market is categorized into automotive, electronics, consumer goods, solar, telecommunication, and others. In 2022, the electronics segment accounted for the highest market share in the overall soft ferrite core market.Get Free Sample
|Report Attributes||Report Details|
|By Type||Manganese-Zinc Ferrite and Nickel-Zinc Ferrite|
|By End-Use Industry||Automotive, Electronics, Consumer Goods, Solar, Telecommunication, and Others|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such as COSMO FERRITES LIMITED, MAGNETICS, and Infantron Singapore among others have a strong market position in current market circumstances. Further, the soft ferrite core market is expected to witness significant growth in the coming years due to an increased need for soft ferrite cores in communication infrastructure in the deployment of 5G technology. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.