Global Magnetics Powder Core Size is Estimated to be USD 602.6 Million in 2026

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.
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.

The global Magnetics Powder Core size is estimated to be USD 602.6 million in 2026 from USD 550.3 million in 2020. The global Magnetics Powder Core market size is expected to grow at a CAGR of 2.3% for the next five years.

At present, in developed countries, the Magnetics Powder Core industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in Japan and China. Meanwhile, these companies have more advanced equipment, strong R & D capability, and leading technical level. However, these companies’ manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese Magnetics Powder Core production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.