Amorphous steel is an alloy steel with advantageous magnetic properties necessary for use in distribution transformers, electric reactors, electric machines and middle and high frequency transformers. The iron- based amorphous steel is predominantly iron (Fe) (up to 82%), with boron (B) (8 percent to15 percent), and silicon (Si) (5 percent to 10 percent) (SA1 and HB1M). AR may also contain carbon (C) alloyed to allow for its amorphous structure. Up to 25% of the iron (Fe) may be replaced with cobalt (Co) to allow for higher induction, to be used in pulse power applications (2605CO alloy). This AR is normally imported in the form of a singleply coil up to 1000kg in weight, or in a multiple-ply format where 3 to 10 sheets are co-wound onto a single hub.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
According to this study, over the next five years the Amorphous Steels market will register a 7.6% CAGR in terms of revenue, the global market size will reach US$ 660 million by 2024, from US$ 430 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Amorphous Steels business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Amorphous Steels market by product type, application, key manufacturers and key regions and countries.
This study considers the Amorphous Steels value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Amorphous Ribbon
Nano-crystalline Ribbon
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Distribution Transformer
Electric Machinery
Electronic Components
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hitachi Metal
Advanced Technology
Qingdao Yunlu
Henan Zhongyue
China Amorphous Technology
Zhaojing Incorporated
Junhua Technology
Londerful New Material
Shenke
Orient Group
Foshan Huaxin
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Amorphous Steels consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Amorphous Steels market by identifying its various subsegments.
Focuses on the key global Amorphous Steels manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Amorphous Steels with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Amorphous Steels submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Amorphous Steels . Industry analysis & Market Report on Amorphous Steels is a syndicated market report, published as Global Amorphous Steels Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Amorphous Steels market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.