The global demand for Amorphous Metal Cores Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Amorphous metal cores also called vitreous metals, are glassy or non-crystalline in physical appearance. They are used for creating high-performance transformers and have low conductivity used to reduce eddy currents in the core body. They do not have anisotropic properties and have significant magnetic behavior such as minimum iron loss having high-saturation magnetic flux density with high permeability. They are usually used in distribution transformers and are also commonly preferred in renewable energy systems such as wind energy and solar power, as they typically operate with approximately 20 - 40% low load conditions.
Market Dynamics
Most of the power transmission equipment manufacturers are currently in search of a technology that reduces the operating cost and saves energy which encouraged amorphous metal core manufacturers to progress optimized and energy-efficient products. 10% of the total electricity generated by an electric company is consumed during the transmission and distribution process. Therefore, distribution transformers containing amorphous metal cores help save an important amount of energy and cost. Other benefits include output filter chokes in large Switched-Mode Power Supply (SMPS), high-power lamp ballasts, and power factor correction chokes in UPS systems.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of amorphous metal cores.
Market Segmentation
The entire amorphous metal cores market has been sub-categorized into application and type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Application:
- Transformer
- Inverter
- Others
By Type:
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for amorphous metal cores market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Amorphous Metal Cores Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the amorphous metal cores market include Hitachi, Advanced Technology, Zhixin Electric, Zhaojing Incorporated, Qingdao Yunlu, Foshan Catech, ENPAY, Mangal, and Kotsons and Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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