Magnetics Powder Core Market in India, Industry Outlook and Forecast 2024-2030

A magnetic core is a piece of magnetic material with a high magnetic permeability used to confine and guide magnetic fields in electrical, electromechanical and magnetic devices such as electromagnets, transformers, electric motors, generators, inductors, magnetic recording heads, and magnetic assemblies.

Powder cores differ in chemical composition. Powder cores are pressed with an organic or inorganic binder that is responsible for storage of energy. As the non-magnetic area is distributed in the whole core's volume and it is not concentrated on a small region, they are called distributed airgap cores. Because of this peculiarity, powder cores are suitable for high direct current inductors (output inductors) and flyback transformers in critical applications. One of the most interesting features of this kind of cores is the smooth and sweet permeability versus direct current curve, that underlines the robustness of this materials against overcurrents.

By changing the magnetic to non-magnetic parts ratio, the “equivalent” relative permeability alters in the range of 10 to 600; some standard values are quite common on the market (for example: 26, 60, 90, 125, 147, 300, 550). For a particular core, the inductance factor (AL) will depend on material, shape and dimensions.

Each material, identified by the producer with a code or a commercial name, possesses its own characteristics in terms of permeability, saturation flux, specific losses. They are typically very stable with the temperature and they can be used in critical environment applications. Powder cores are more expensive than ferrite cores, but normally cheaper than amorphous and nanocrystalline ones.

This report contains market size and forecasts of Magnetics Powder Core in India, highlights the following information:

Sales of Magnetics Powder Core in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Magnetics Powder Core in India: Volume 2019 VS 2023 VS 2030, (K MT)

Sales of Magnetics Powder Core in India: Revenue Market Share by Company, 2019-2024

Sales of Magnetics Powder Core in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Magnetics Powder Core will continue to grow rapidly in the future.

The global Magnetics Powder Core market size was valued at 547 million in 2023 and is forecast to a readjusted size of US$ 647.1 million by 2030, with a CAGR of 2.4% during the forecast period 2024-2030.While the India Magnetics Powder Core 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. India will account for % percent of Magnetics Powder Core's global value in 2030, from % in 2023.

Our research team has surveyed the Magnetics Powder Core manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Magnetics Powder Core Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (K MT)

India Magnetics Powder Core Market Segment Percentages, By Type, 2023 (%)

MPP

Sendust

High Flux

Fe-Si

Others

India Magnetics Powder Core Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (K MT)

India Magnetics Powder Core Market Segment Percentages, By Application, 2023 (%)

Photovoltaics and Energy Storage

Electric Vehicles and Charging Piles

Household Appliances

UPS

Telecommunication

Others

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Magnetics Powder Core revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Magnetics Powder Core sales in India market, 2019-2024 (Estimated), (K MT)

Further, the report presents profiles of competitors in the market, key players include:

POCO Magnetic

ZheJiang NBTM KeDa (KDM)

CSC (Changsung Corp.)

MAGNETICS

Micrometals

Proterial, Ltd. (Formerly Hitachi Metals)

Dongbu Electronic Materials

Samwha Electronics

Qingdao Yunlu Advanced Materials

TDG

DMEGC

CMSS Technology

Nanjing New Conda Magnetic

Sinomag Technology

Amogreentech