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Global Amorphous Metal Cores Market to reach USD XX million by 2028.

Global Amorphous Metal Cores Market Size study, By Product Type (E Core, C Core, Others}, By Application (Iron Based, Cobalt Based), By End Use (Invertors, Transformers, Others), and Regional Forecasts 2022-2028

Product Code: CMGMM-95864417
Publish Date: 9-06-2022
Page: 200

Global Amorphous Metal Cores Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Amorphous Metal Cores refer to cores manufactured from ferromagnetic amorphous metal formed into thin foils. Use of amorphous metal in the transformer offers several advantages over other silicon core-based transformer such as No-load losses are 20 to 30% less as compared to a conventional silicon steel sheet transformer, modular construction facilitates easy and fast repair, higher distribution efficiency, and offers better Overload capacity. The rising electricity demand globally and increasing adoption of metal cores due to low losses as well as recent product launches and collaborations activities are factors that are accelerating the global market demand. For instance, according to Statista – in 2020, the global demand for electricity was estimated at 23.40 petawatt hours, and this amount is projected to grow to around 35.3 petawatt hours by end of 2040. Furthermore, In February 2021, South Carolina, US based Metglas, Inc. launched its new domain refined amorphous metal for core loss reduction named Metglas HB1M-LL material. Metglas HB1M-LL is developed for use in the next generation of high efficiency distribution transformers. Moreover, in January 2022, The Government of India, the Government of West Bengal, and the World Bank signed a USD 135 million project to improve the efficiency and reliability of electricity supply in the state of West Bengal. Also, growing number of investments towards electrification projects. And rapid urbanization and rising industrialization in emerging markets are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with amorphous metal cores and availability of substitutes impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Amorphous Metal Cores Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing demand for transmission and distribution equipment’s and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising expansion of electrification projects and rising demand for electricity in the region, would create lucrative growth prospects for the Amorphous Metal Cores Market across the Asia Pacific region.

Major market players included in this report are:
Hitachi, Ltd.
Advanced Technology & Materials Co., Ltd
Zhaojing Incorporated
Qingdao Yunlu New Energy Technology Co., Ltd.
China Amorphous Technology Co.,Ltd
ENPAY
Mangal Electrical Industries Pvt. Ltd.
KOTSONS Pvt. Ltd.
Usha Amorphous Metals Ltd.
Ti-Electronic

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
E Core
C Core
Others
By Application
Iron Based
Cobalt Based
By End Use
Invertors
Transformers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Amorphous Metal Cores Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Amorphous Metal Cores Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Amorphous Metal Cores Market, by Product Type, 2020-2028 (USD Million)
1.2.3. Global Amorphous Metal Cores Market, by Application, 2020-2028 (USD Million)
1.2.4. Global Amorphous Metal Cores Market, by End Use, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Amorphous Metal Cores Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Amorphous Metal Cores Market Dynamics
3.1. Amorphous Metal Cores Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing electricity demand globally.
3.1.1.2. Increasing adoption of metal cores due to low losses.
3.1.1.3. Recent product launches from leading market players.
3.1.2. Market Challenges
3.1.2.1. High cost associated with amorphous metal cores
3.1.2.2. Availability of substitutes.
3.1.3. Market Opportunities
3.1.3.1. Growing number of investments towards electrification projects.
3.1.3.2. Rapid urbanization and rising industrialization in emerging markets.
Chapter 4. Global Amorphous Metal Cores Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Amorphous Metal Cores Market, by Product Type
6.1. Market Snapshot
6.2. Global Amorphous Metal Cores Market by Product Type, Performance – Potential Analysis
6.3. Global Amorphous Metal Cores Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
6.4. Amorphous Metal Cores Market, Sub Segment Analysis
6.4.1. E Core
6.4.2. C Core
6.4.3. Others
Chapter 7. Global Amorphous Metal Cores Market, by Application
7.1. Market Snapshot
7.2. Global Amorphous Metal Cores Market by Application, Performance – Potential Analysis
7.3. Global Amorphous Metal Cores Market Estimates & Forecasts by Application 2018-2028 (USD Million)
7.4. Amorphous Metal Cores Market, Sub Segment Analysis
7.4.1. Iron Based
7.4.2. Cobalt Based
Chapter 8. Global Amorphous Metal Cores Market, by End Use
8.1. Market Snapshot
8.2. Global Amorphous Metal Cores Market by End Use, Performance – Potential Analysis
8.3. Global Amorphous Metal Cores Market Estimates & Forecasts by End Use 2018-2028 (USD Million)
8.4. Amorphous Metal Cores Market, Sub Segment Analysis
8.4.1. Invertors
8.4.2. Transformers
8.4.3. Others
Chapter 9. Global Amorphous Metal Cores Market, Regional Analysis
9.1. Amorphous Metal Cores Market, Regional Market Snapshot
9.2. North America Amorphous Metal Cores Market
9.2.1. U.S. Amorphous Metal Cores Market
9.2.1.1. Product Type estimates & forecasts, 2018-2028
9.2.1.2. Application estimates & forecasts, 2018-2028
9.2.1.3. End Use estimates & forecasts, 2018-2028
9.2.2. Canada Amorphous Metal Cores Market
9.3. Europe Amorphous Metal Cores Market Snapshot
9.3.1. U.K. Amorphous Metal Cores Market
9.3.2. Germany Amorphous Metal Cores Market
9.3.3. France Amorphous Metal Cores Market
9.3.4. Spain Amorphous Metal Cores Market
9.3.5. Italy Amorphous Metal Cores Market
9.3.6. Rest of Europe Amorphous Metal Cores Market
9.4. Asia-Pacific Amorphous Metal Cores Market Snapshot
9.4.1. China Amorphous Metal Cores Market
9.4.2. India Amorphous Metal Cores Market
9.4.3. Japan Amorphous Metal Cores Market
9.4.4. Australia Amorphous Metal Cores Market
9.4.5. South Korea Amorphous Metal Cores Market
9.4.6. Rest of Asia Pacific Amorphous Metal Cores Market
9.5. Latin America Amorphous Metal Cores Market Snapshot
9.5.1. Brazil Amorphous Metal Cores Market
9.5.2. Mexico Amorphous Metal Cores Market
9.6. Rest of The World Amorphous Metal Cores Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Hitachi Ltd.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Advanced Technology & Materials Co., Ltd
10.2.3. Zhaojing Incorporated
10.2.4. Qingdao Yunlu New Energy Technology Co., Ltd.
10.2.5. China Amorphous Technology Co., Ltd
10.2.6. ENPAY
10.2.7. Mangal Electrical Industries Pvt. Ltd.
10.2.8. KOTSONS Pvt. Ltd.
10.2.9. Usha Amorphous Metals Ltd.
10.2.10. Ti-Electronic
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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