Nanocrystalline Soft Magnetic Material Industry Analysis in Eastern Europe
Study on Nanocrystalline Soft Magnetic Materials in Eastern Europe by One-, Two-, and Three-dimensional for Transformers, Motors, Inductors, and Generators from 2024 to 2034
Analysis of Nanocrystalline Soft Magnetic Material Industry Covering Countries Includes Analysis of Russia, Poland, and Rest of Eastern Europe.
Nanocrystalline Soft Magnetic Material Sales Outlook for Eastern Europe (2024 to 2034)
Sales of nanocrystalline soft magnetic materials in Eastern Europe are estimated at US$ 654.6 million in 2024, as revealed in a new Fact.MR market research report. Demand for NCSMM in the region is projected to accelerate at a CAGR of 8.3% and reach a market value of US$ 1.45 billion by the end of 2034.
Eastern European countries are investing in various renewable energy projects, for instance, solar and wind power. Nanocrystalline soft magnetic materials are pivotal for the effective operation of transformers, generators, and inverters used in these renewable energy projects. Moreover, significant industrial growth, especially in sectors, including electronics, power distribution, and automotive is projected to stimulate the adoption of nanocrystalline soft magnetic materials (NCSMM) in sensors, electric motors, and other electronic components.
Implementation of stringent energy efficiency standards and regulations is pushing industries to adopt advanced materials minimizing energy losses. NCSMM offers higher effectiveness in comparison to conventional materials, thus making them more attractive for multiple applications. Constant R&D activities in companies, research institutes, and universities related to nanomaterials are projected to stimulate the adoption of certain advanced materials, such as nanocrystalline soft magnetic materials.
Emerging technologies, such as IoT devices, electric vehicles, and smart grids need highly efficient magnetic materials for effective operation. NCSMM offers superior performance thus making them pivotal for these technologies.
Report Attributes | Details |
---|---|
Nanocrystalline Soft Magnetic Material Sales in Eastern Europe (2024E) | US$ 654.6 Million |
Projected Sales (2034F) | US$ 1.45 Billion |
Demand Growth (2024 to 2034) | 8.3% CAGR |
Sales in Russia (2024E) | US$ 319.3 Million |
Demand Growth for Poland (2024 to 2034) | 10.2% CAGR |
Demand Growth for Two-dimensional NCSMM (2024 to 2034) | 10.1% CAGR |
Market Share of Consumer Electronics & Applications (2024E) | >39% |
Key Companies Profiled |
|
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What is Driving Demand for Nanocrystalline Soft Magnetic Materials in Eastern Europe?
“Rising Adoption of NCSMM with Expansion of Industrial Sector”
Eastern Europe is undergoing industrial growth, especially in sectors, including power distribution, automotive, and electronics. Nanocrystalline soft magnetic materials are used in electric sensors, motors, and other similar electronic components, thus supporting market growth. The growing count of automotive manufacturing as well as assembly plants in Eastern Europe is projected to lead to the increased demand for nanocrystalline soft magnetic materials. They offer superior magnetic properties, thus enabling power density and higher efficiency to match the requirements of modern automotive systems.
Growing demand for industrial automation technologies, telecommunications equipment, and consumer electronics in the region is increasing sales of nanocrystalline soft magnetic materials. Their pivotal role in numerous electronic components, including actuators, magnetic memory devices, power supplies, and sensors stimulates demand.
Increasing investments in renewable energy projects along with the modernization of power distribution infrastructure are anticipated to lead to the requirement for effective power conversion as well as distribution systems. NCSMM enables the production of lightweight and compact power converters, playing a crucial role in renewable energy generation, stabilization, and distribution.
Country-wise Insights
Why is Russia a Key Market for NCSMM Producers in Eastern Europe?
“Energy Efficiency Initiatives Increasing Demand for NCSMM”
Attribute | Russia |
---|---|
Market Value (2024E) | US$ 319.3 Million |
Growth Rate (2024 to 2034) | 8.2% CAGR |
Projected Value (2034F) | US$ 702 Million |
Similar to other global countries, Russia is projected to emphasize energy efficiency initiatives. Nanocrystalline soft magnetic materials provide improved magnetic properties, including higher permeability and lower hysteresis losses. These materials make them ideal for multiple applications, for instance, inductors, transformers, and motors, which are pivotal for the transmission and conversion of energy systems.
Which Factors are Pushing Sales of NCSMM in Poland?
“Modernization of Infrastructure Fueling Demand for NCSMM”
Attribute | Poland |
---|---|
Market Value (2024E) | US$ 157.1 Million |
Growth Rate (2024 to 2034) | 10.2% CAGR |
Projected Value (2034F) | US$ 415 Million |
With the growing requirement to modernize infrastructure, an increase in the demand for more reliable and efficient components is encountered. Nanocrystalline soft magnetic materials play a significant role in improving the reliability and performance of inductors, transformers, and other electrical equipment, thus supporting infrastructure upgrades.
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Category-wise Insights
Why is There High Demand for NCSMM for Use in Motors?
“Noise Reduction and High-frequency Operation Capacities of Nanocrystalline Soft Magnetic Materials”
Attribute | Motors |
---|---|
Segment Value (2024E) | US$ 209.6 Million |
Growth Rate (2024 to 2034) | 8.3% CAGR |
Projected Value (2034F) | US$ 465 Million |
A noticeable increase in the demand for motors with high frequencies, including variable frequency drives and brushless DC motors is experienced. Conventional soft magnetic materials come with eddy currents, which are not very friendly in operation. Nanocrystalline soft magnetic materials work efficiently that too at high frequencies, thus becoming ideal for use in high-speed motors.
Some of the motors generate noise during operation, which is undesirable in certain applications, particularly in consumer electronics and appliances. High permeability and low magnetostriction of nanocrystalline soft magnetic materials help minimize acoustic noise, thus making them suitable for applications with noise sensitivity.
Which End-use Industry Accounts for More Demand for Nanocrystalline Soft Magnetic Materials?
“Miniaturization Trend in Consumer Electronics Driving Demand for Nanocrystalline Soft Magnetic Materials”
Attribute | Consumer Electronics & Applications |
---|---|
Segment Value (2024E) | US$ 258.4 Million |
Growth Rate (2024 to 2034) | 8.7% CAGR |
Projected Value (2034F) | US$ 595 Million |
In recent years, consumer electronics are becoming more compact and smaller. Therefore an increase in the demand for materials with effective electromagnetic properties is experienced in smaller spaces. Nanocrystalline soft magnetic materials provide low coercivity and high magnetic permeability, therefore making them ideal for miniaturized electronic devices.
In addition, excellent magnetic properties of nanocrystalline soft magnetic materials, such as low core losses and high saturation magnetization ensure improved effectiveness of electronic devices. These properties are anticipated to make them more crucial for use in electronic devices for reducing energy consumption and extending battery life in various electronics.
Competition Landscape
A newly published market analysis by Fact.MR, a market research and competitive intelligence provider, reveals that nanocrystalline soft magnetic material manufacturers are adopting multiple strategies to increase their profit share and enhance their product portfolio. An active engagement of these players is observed in new developments, providing quality products, and managing their supply chain systems. Some of the prominent manufacturers of nanocrystalline soft magnetic materials in Eastern Europe are Magneton, AAT Holding, Berkut Inc., and Elkasan.
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Segmentation of Nanocrystalline Soft Magnetic Material Study in Eastern Europe
-
By Classification :
- One-dimensional
- Two-dimensional
- Three-dimensional
-
By Application :
- Transformers
- Portable
- Transmission
- Distribution
- Motors
- 1hp to 100hp
- 101hp to 200hp
- 201hp to 1000hp
- Above 1000hp
- Inductors
- Generators
- Transformers
-
By End-use Industry :
- Consumer Electronics & Applications
- Healthcare
- Automotive
- Semiconductors
-
By Country :
- Russia
- Poland
- Rest of Eastern Europe
Table of Content
1. Eastern Europe Industry - Executive Summary 1.1. Eastern Europe Industry Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. Eastern Europe Industry Overview 2.1. Industry Coverage / Taxonomy 2.2. Industry Introduction and Definition 3. Industry Background and Data Points 3.1. Need of the Hour for Companies 3.2. Strategic Priorities 3.3. Life Cycle Stage 3.4. Importance of Technology 3.5. Use Cases of Nanocrystalline Soft Magnetic Material 3.6. Forecast Factors: Relevance and Impact 3.7. Investment Feasibility Matrix 3.8. PESTLE Analysis 3.9. Porter’s Five Forces Analysis 3.10. Industry Dynamics 3.10.1. Drivers 3.10.2. Restraints 3.10.3. Opportunity Analysis 3.10.4. Trends 4. Eastern Europe Industry Analysis 2018 to 2023 and Forecast, 2024 to 2034 4.1. Historical Industry Value (US$ Mn) Analysis, 2018 to 2023 4.2. Current and Future Industry Value (US$ Mn) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Eastern Europe Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, By Classification 5.1. Introduction / Key Findings 5.2. Historical Industry Value (US$ Mn) Analysis By Classification, 2018 to 2023 5.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Classification, 2024 to 2034 5.3.1. One-dimensional 5.3.2. Two-dimensional 5.3.3. Three-dimensional 5.4. Industry Attractiveness Analysis By Classification 6. Eastern Europe Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by End-use Industry 6.1. Introduction / Key Findings 6.2. Historical Industry Value (US$ Mn) Analysis By End-use Industry, 2018 to 2023 6.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By End-use Industry, 2024 to 2034 6.3.1. Consumer Electronics & Applications 6.3.2. Healthcare 6.3.3. Automotive 6.3.4. Semiconductors 6.4. Industry Attractiveness Analysis By End-use Industry 7. Eastern Europe Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application 7.1. Introduction / Key Findings 7.2. Historical Industry Value (US$ Mn) Analysis By Application, 2018 to 2023 7.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Application, 2024 to 2034 7.3.1. Transformers 7.3.2. Motors 7.3.3. Inductors 7.3.4. Generators 7.4. Industry Attractiveness Analysis By Application 8. Eastern Europe Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Country 8.1. Introduction / Key Findings 8.2. Historical Industry Value (US$ Mn) Analysis By Country, 2018 to 2023 8.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Country, 2024 to 2034 8.3.1. Russia 8.3.2. Poland 8.3.3. Rest of Eastern Europe 8.4. Industry Attractiveness Analysis By Country 9. Russia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 9.1. Introduction / Key Findings 9.2. Historical Industry Value (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 9.3. Industry Value (US$ Mn) Forecast By Industry Taxonomy, 2024 to 2034 9.3.1. By Classification 9.3.2. By End-use Industry 9.3.3. By Application 9.4. Industry Attractiveness Analysis 9.4.1. By Classification 9.4.2. By End-use Industry 9.4.3. By Application 10. Poland Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 10.1. Introduction / Key Findings 10.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 10.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 10.3.1. By Classification 10.3.2. By End-use Industry 10.3.3. By Application 10.4. Industry Attractiveness Analysis 10.4.1. By Classification 10.4.2. By End-use Industry 10.4.3. By Application 11. Rest of Eastern Europe Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 11.1. Introduction / Key Findings 11.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 11.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 11.3.1. By Classification 11.3.2. By End-use Industry 11.3.3. By Application 11.4. Industry Attractiveness Analysis 11.4.1. By Classification 11.4.2. By End-use Industry 11.4.3. By Application 12. Industry Structure Analysis 12.1. Industry Analysis by Tier of Companies 12.2. Industry Concentration 12.3. Industry Share Analysis of Top Players 12.4. Industry Presence Analysis 13. Competition Analysis 13.1. Competition Dashboard 13.2. Competition Benchmarking 13.3. Competition Deep Dive 13.3.1. Magneton 13.3.1.1. Company Overview 13.3.1.2. Source overview 13.3.1.3. SWOT Analysis 13.3.1.4. Key Developments 13.3.2. AAT Holding 13.3.2.1. Company Overview 13.3.2.2. Source overview 13.3.2.3. SWOT Analysis 13.3.2.4. Key Developments 13.3.3. Berkut Inc. 13.3.3.1. Company Overview 13.3.3.2. Source overview 13.3.3.3. SWOT Analysis 13.3.3.4. Key Developments 13.3.4. Elkasan 13.3.4.1. Company Overview 13.3.4.2. Source overview 13.3.4.3. SWOT Analysis 13.3.4.4. Key Developments 14. Assumptions and Acronyms Used 15. Research Methodology
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List Of Table
Table 01: Eastern Europe Industry Value (US$ Mn) Analysis, by Classification, 2018 to 2023
Table 02: Eastern Europe Industry Value (US$ Mn) Analysis, by Classification, 2024 to 2034
Table 03: Eastern Europe Industry Value (US$ Mn) Opportunity Analysis, by Classification, 2024 to 2034
Table 04: Eastern Europe Industry Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023
Table 05: Eastern Europe Industry Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 06: Eastern Europe Industry Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 07: Eastern Europe Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 08: Eastern Europe Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 09: Eastern Europe Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 10: Eastern Europe Industry Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 11: Eastern Europe Industry Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: Eastern Europe Industry Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: Russia Industry Value (US$ Mn) Analysis, by Classification, 2018 to 2023
Table 14: Russia Industry Value (US$ Mn) Analysis, by Classification, 2024 to 2034
Table 15: Russia Industry Value (US$ Mn) Opportunity Analysis, by Classification, 2024 to 2034
Table 16: Russia Industry Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023
Table 17: Russia Industry Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 18: Russia Industry Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 19: Russia Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 20: Russia Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 21: Russia Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 22: Poland Industry Value (US$ Mn) Analysis, by Classification, 2018 to 2023
Table 23: Poland Industry Value (US$ Mn) Analysis, by Classification, 2024 to 2034
Table 24: Poland Industry Value (US$ Mn) Opportunity Analysis, by Classification, 2024 to 2034
Table 25: Poland Industry Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023
Table 26: Poland Industry Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 27: Poland Industry Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 28: Poland Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 29: Poland Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 30: Poland Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 31: Rest of Eastern Europe Industry Value (US$ Mn) Analysis, by Classification, 2018 to 2023
Table 32: Rest of Eastern Europe Industry Value (US$ Mn) Analysis, by Classification, 2024 to 2034
Table 33: Rest of Eastern Europe Industry Value (US$ Mn) Opportunity Analysis, by Classification, 2024 to 2034
Table 34: Rest of Eastern Europe Industry Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023
Table 35: Rest of Eastern Europe Industry Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034
Table 36: Rest of Eastern Europe Industry Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034
Table 37: Rest of Eastern Europe Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 38: Rest of Eastern Europe Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 39: Rest of Eastern Europe Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Eastern Europe Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 02: Eastern Europe Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Eastern Europe Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 04: Eastern Europe Industry Incremental $ Opportunity, 2024 to 2034
Figure 05: Eastern Europe Industry Share and BPS Analysis by Classification, 2024 & 2034
Figure 06: Eastern Europe Industry Y-o-Y Growth Projections by Classification, 2024 to 2034
Figure 07: Eastern Europe Industry Attractiveness Analysis by Classification, 2024 to 2034
Figure 08: Eastern Europe Industry Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 09: Eastern Europe Industry Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 10: Eastern Europe Industry Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 11: Eastern Europe Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 12: Eastern Europe Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 13: Eastern Europe Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 14: Eastern Europe Industry Share and BPS Analysis by Country, 2024 & 2034
Figure 15: Eastern Europe Industry Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 16: Eastern Europe Industry Attractiveness Analysis by Country, 2024 to 2034
Figure 17: Russia Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 18: Russia Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: Russia Industry Value Y-o-Y Growth and Forecast, 2034
Figure 20: Russia Industry Incremental $ Opportunity, 2024 to 2034
Figure 21: Russia Industry Share and BPS Analysis by Classification, 2024 & 2034
Figure 22: Russia Industry Y-o-Y Growth Projections by Classification, 2024 to 2034
Figure 23: Russia Industry Attractiveness Analysis by Classification, 2024 to 2034
Figure 24: Russia Industry Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 25: Russia Industry Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 26: Russia Industry Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 27: Russia Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 28: Russia Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 29: Russia Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 30: Poland Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 31: Poland Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 32: Poland Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 33: Poland Industry Incremental $ Opportunity, 2024 to 2034
Figure 34: Poland Industry Share and BPS Analysis by Classification, 2024 & 2034
Figure 35: Poland Industry Y-o-Y Growth Projections by Classification, 2024 to 2034
Figure 36: Poland Industry Attractiveness Analysis by Classification, 2024 to 2034
Figure 37: Poland Industry Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 38: Poland Industry Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 39: Poland Industry Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 40: Poland Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 41: Poland Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 42: Poland Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 43: Rest of Eastern Europe Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 44: Rest of Eastern Europe Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 45: Rest of Eastern Europe Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 46: Rest of Eastern Europe Industry Share and BPS Analysis by Classification, 2024 & 2034
Figure 47: Rest of Eastern Europe Industry Y-o-Y Growth Projections by Classification, 2024 to 2034
Figure 48: Rest of Eastern Europe Industry Attractiveness Analysis by Classification, 2024 to 2034
Figure 49: Rest of Eastern Europe Industry Share and BPS Analysis by End-use Industry, 2024 & 2034
Figure 50: Rest of Eastern Europe Industry Y-o-Y Growth Projections by End-use Industry, 2024 to 2034
Figure 51: Rest of Eastern Europe Industry Attractiveness Analysis by End-use Industry, 2024 to 2034
Figure 52: Rest of Eastern Europe Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 53: Rest of Eastern Europe Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 54: Rest of Eastern Europe Industry Attractiveness Analysis by Application, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What are the estimated sales of nanocrystalline soft magnetic materials in Eastern Europe?
Sales of nanocrystalline soft magnetic materials in Eastern Europe are set to reach US$ 654.6 million in 2024.
What is the demand value for nanocrystalline soft magnetic materials by 2034?
The market in Eastern Europe is projected to reach US$ 1.45 billion by 2034.
At what rate is the demand for nanocrystalline soft magnetic materials projected to increase?
Demand for nanocrystalline soft magnetic materials in Eastern Europe is forecasted to advance at a CAGR of 8.3% from 2024 to 2034.
How much share of Eastern Europe is projected to be held by consumer electronics & applications?
Consumer electronics & applications are set to account for more than 39% share of the market in Eastern Europe in 2024.
What are the projected sales for nanocrystalline soft magnetic materials in Russia?
Sales of nanocrystalline soft magnetic materials in Russia are projected at US$ 319.3 million for 2024.
At what rate is the demand for nanocrystalline soft magnetic materials forecasted to increase in Poland?
Demand for NCSMM in Poland is forecasted to increase at a CAGR of 10.2% from 2024 to 2034.
What are the sales projections for two-dimensional nanocrystalline soft magnetic materials?
Sales of two-dimensional nanocrystalline soft magnetic materials are set to rise at a CAGR of 10.1% from 2024 to 2034.