The downstream application market is developing rapidly, and the alloy soft magnetic powder core market continues to expand.

Alloy soft magnetic powder core is a soft magnetic material made of metal or alloy soft magnetic powder through a special process. It is one of the core structures of inductance components. It is mainly divided into iron powder core, high-flux magnetic powder core, iron-silicon-aluminum magnetic powder core, There are four categories of molybdenum Permo magnetic powder cores. Alloy soft magnetic powder core has the advantages of low loss, high controllability, stable magnetic properties, high effective magnetic permeability, good frequency stability, and high saturation magnetic flux density. It is widely used in energy storage, photovoltaics, new energy vehicles, and car charging piles. , variable frequency air conditioners, consumer electronics, UPS power supplies and other fields.

According to the “2023-2028 Alloy Soft Magnetic Powder Core Industry Market In-depth Research and Investment Prospect Forecast Analysis Report” released by the Industrial Research Center , judging from the application distribution of alloy soft magnetic powder cores in my country, photovoltaics, variable frequency air conditioners, UPS power supplies, new energy vehicles, energy storage, and charging piles are its main application areas. Among them, photovoltaics, variable frequency air conditioners, and UPS power supplies together account for about 83.4% of my country’s alloy soft magnetic powder core applications; USP power supplies account for the largest proportion, about 35.9%.

From the perspective of UPS power supply field, USP power supply is an important part of my country’s information construction infrastructure and is widely used in telecommunications, government, Internet, transportation, banking, insurance and other fields. With the continuous development of my country’s economy and the continuous advancement of informatization construction, the USP power supply industry has developed rapidly. In addition, as the government increases its support for 5G, chip and other industries, the market demand for high-end products of large-capacity and modular USP power supplies continues to increase, further promoting the development of USP power supplies. Against this background, the USP power supply market continues to expand, and the demand for alloy soft magnetic powder cores continues to rise.

From the perspective of the field of variable frequency air conditioners, my country is the world’s largest air conditioner production country. Under the background of “dual carbon”, the Chinese government has promulgated new energy efficiency standards, the market penetration rate of variable frequency air conditioners has continued to increase, and the demand for alloy soft magnetic powder cores in related fields has gradually increased. From the perspective of the photovoltaic field, in recent years, my country’s photovoltaic installed capacity has grown rapidly, the market demand for alloy soft magnetic powder cores has continued to rise, and the industry has broad prospects for development.

Benefiting from the rapid expansion of the downstream application market, my country’s alloy soft magnetic powder core market continues to expand. From 2019 to 2022, the market size of my country’s alloy soft magnetic powder core increased by 490 million yuan, with a compound annual growth rate of 17.6%. Among them, it will be 1.27 billion yuan in 2022, a year-on-year increase of 21.0%. It is expected that by 2025, the market size of my country’s alloy soft magnetic powder core will exceed 2.04 billion yuan.

Industry analysts said that before the 21st century, the global alloy soft magnetic powder core market was mainly monopolized by developed countries such as the United States, Germany, and Japan. Research on alloy soft magnetic powder cores in my country started late, but has developed rapidly. At present, my country’s alloy soft magnetic powder core industry is highly concentrated and the market structure is relatively stable. American Magnetics and South Korea’s Changxing Enterprises account for 32.6% of my country’s alloy soft magnetic powder core market share; Platinum New Materials and Dongmu Keda account for 16.1% and 10.2% respectively, and are the leading companies in my country’s alloy soft magnetic powder core industry. As local companies continue to achieve technological breakthroughs and national policy support continues to increase, the development of my country’s alloy soft magnetic powder core industry continues to improve, and the domestic substitution rate is expected to increase.