The global Soft Ferrite Cores for Wireless Charger market was valued at US$ 122.75 million in 2023 and is projected to reach US$ 168.07 million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period (2024-2030). This growth is expected despite the impact of the COVID-19 pandemic and the Russia-Ukraine War.
The global key manufacturers of Soft Ferrite Cores for Wireless Charger include Cosmo Ferrites, Kitagawa Industries, Proterial, Laird Technologies, TDK, Kaschke, Samwha, Fair-Rite Products and Hengdian Group DMEGC Magnetics, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Soft Ferrite Cores for Wireless Charger Market aims to provide a comprehensive presentation of the global market for Soft Ferrite Cores for Wireless Charger, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Soft Ferrite Cores for Wireless Charger. Soft Ferrite Cores for Wireless Charger Market contains market size and forecasts of Soft Ferrite Cores for Wireless Charger in global, including the following market information:
- Global Soft Ferrite Cores for Wireless Charger Market Revenue, 2019-2024, 2025-2030, ($ millions)
- Global Soft Ferrite Cores for Wireless Charger Market Sales, 2019-2024, 2025-2030, (K Units)
- Global top five Soft Ferrite Cores for Wireless Charger companies in 2023 (%)
Soft ferrite cores are crucial components in wireless charging systems, primarily due to their high magnetic permeability and low electrical conductivity, which minimize energy losses. As the main components of wireless charging technology, various magnetic isolation sheets made of soft ferrite materials play the role of increasing the induced magnetic field and shielding coil interference in wireless charging equipment.
Key Statistics on Soft Ferrite Cores
- Material Demand: The demand for soft ferrite materials in the wireless charging sector is expected to grow at a CAGR of 18% from 2023 to 2030, driven by the increasing production of wireless charging devices.
- Market Share: Soft ferrite cores make up about 60% of the total magnetic core market for wireless chargers, with other materials like powdered iron and nanocrystalline cores constituting the remaining 40%.
- Efficiency: Soft ferrite cores contribute to an average increase of 20-30% in the efficiency of wireless charging systems compared to systems without optimized cores.
- Cost Contribution: Ferrite cores typically account for 10-15% of the total manufacturing cost of wireless charging systems.
Technological Advancements
- Material Innovations: Advances in ferrite material composition have led to a 15% reduction in energy losses and improved thermal stability, enhancing the overall performance of wireless chargers.
- Miniaturization: Developments in ferrite core technology have enabled a reduction in the size of wireless chargers by 20%, making them more compact and suitable for a wider range of applications, including portable electronics and wearable devices.
Consumer Insights
- User Preferences: A survey conducted in 2023 indicated that 85% of wireless charger users prioritize efficiency and charging speed, attributes significantly influenced by the quality of ferrite cores.
- Satisfaction Rate: Over 70% of users reported higher satisfaction levels with wireless chargers equipped with advanced soft ferrite cores due to faster charging times and lower heat generation.
Regional Insights
- Asia-Pacific: The region leads in the production and consumption of soft ferrite cores, with China and Japan being major contributors, accounting for over 50% of the global market share.
- North America: The adoption of wireless charging technology in North America is primarily driven by the automotive sector, with significant investments in EV wireless charging infrastructure.
Environmental Impact
- Sustainability: Soft ferrite cores are more environmentally friendly compared to other magnetic materials, with a lower carbon footprint during production and recycling processes. They are typically composed of iron oxide mixed with zinc, manganese, or nickel, which are less harmful to the environment.
Future Prospects
- Growth Potential: With continuous R&D, the performance of soft ferrite cores is expected to improve by another 10-15% over the next five years, making wireless charging even more efficient and reliable.
- Integration in New Devices: The integration of soft ferrite cores in innovative applications such as wireless charging furniture and public charging stations is projected to increase, expanding their market reach and functional utility.
soft ferrite cores play a vital role in enhancing the efficiency, performance, and market growth of wireless charging technologies.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Soft Ferrite Cores for Wireless Charger manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Soft Ferrite Cores for Wireless Charger Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Soft Ferrite Cores for Wireless Charger Market Segment Percentages, by Type, 2023 (%)
- Nickel-Zinc Ferrite Core
- Manganese-Zinc Ferrite Core
- Magnesium-Zinc Ferrite Core
Global Soft Ferrite Cores for Wireless Charger Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Soft Ferrite Cores for Wireless Charger Market Segment Percentages, by Application, 2023 (%)
- Consumer Electronics
- Automotive Electronics
- Medical
- Others
Global Soft Ferrite Cores for Wireless Charger Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Soft Ferrite Cores for Wireless Charger Market Segment Percentages, By Region and Country, 2023 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Soft Ferrite Cores for Wireless Charger revenues in global market, 2019-2024 (Estimated), ($ millions)
- Key companies Soft Ferrite Cores for Wireless Charger revenues share in global market, 2023 (%)
- Key companies Soft Ferrite Cores for Wireless Charger sales in global market, 2019-2024 (Estimated), (K Units)
- Key companies Soft Ferrite Cores for Wireless Charger sales share in global market, 2023 (%)
key players include:
- Cosmo Ferrites
- Kitagawa Industries
- Proterial
- Laird Technologies
- TDK
- Kaschke
- Samwha
- Fair-Rite Products
- Hengdian Group DMEGC Magnetics
- TDG Holding
- KingStar Electronics Technology
- Huzhou Kade Electronic & Technology
- Crown Ferrite Enterprise
- PREMO
- Huzhou Careful Magnetism & Electron
Outline of Major Chapters:
Chapter 1: Introduces the definition of Soft Ferrite Cores for Wireless Charger, market overview.
Chapter 2: Global Soft Ferrite Cores for Wireless Charger market size in revenue and volume.
Chapter 3: Detailed analysis of Soft Ferrite Cores for Wireless Charger manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Soft Ferrite Cores for Wireless Charger in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Soft Ferrite Cores for Wireless Charger capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.To know more about market statistics, Download a FREE Sample copy
