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Global Amorphous Metal Core industry will reach 904.36 million US dollars by 2022

Author: QYResearch Publish date: 2018-04-25 Views: 31
The amorphous metal core industry was 582.54 million USD in 2016 and is projected to reach USD 904.36 million USD by 2022, at a CAGR (Compounded Annual Growth Rate) of 7.61% between 2016 and 2022.

Publisher: QYResearch

Published Date: 2018-04-25


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The market is driven by various end-user industries, such as transformer, wind energy inverter, solar photovoltaic inverter, DC output inductors, UPS harmonic filter inductors, high-power outdoor industrial ballasts, welding power supplies, high-speed rail power systems, pulsed welding equipment and so on.


The initial costs of an amorphous core transformer are higher than of a crystalline silicon steel core transformer: first, the amorphous material itself is more expensive than crystalline silicon steel and second, the saturation magnetic flux density of amorphous steel is lower than that of silicon steel. This means larger sizes of amorphous core transformers are required, which results in a higher cost per unit. However, the higher initial costs can be compensated by lower operating costs over the lifetime of the transformers due to their increased energy efficiency.


The market for amorphous metal core is concentrated with players such as Hitachi, Mangal Electrical Industries, UAML (Usha Amorphous Metals Limited), TI-Electronic, ENPAY, Shanghai Zhixin Electric, Advanced Technology & Materials, Zhaojing Incorporated Company, Qingdao Yunlu Advanced Material Technology, Foshan Catech, Kotsons and so on. Among them, Hitachi is the leader with about 57% revenue market share in 2016.


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.


The Global Amorphous Metal Cores Market Research Report 2017 report released by QYResearch provides a basic overview of the Amorphous Metal Cores industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Amorphous Metal Cores industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:http://www.qyresearchglobal.com/goods-1107847.html
QYResearchglobal focus on market survey and report 
Media contact: press@qyresearch.com

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