According to our (Global Info Research) latest study, the global Soft Magnetic Materials for Motors market size was valued at US$ 730 million in 2025 and is forecast to a readjusted size of US$ 947 million by 2032 with a CAGR of 3.8% during review period.
In 2025, global production of soft magnetic materials for electric motors is approximately 129,000 tons, with an average selling price of around $5,500 per ton.
Soft magnetic materials for motors refer to magnetic materials with high magnetic permeability, low coercivity, easy magnetization and demagnetization characteristics. They are mainly used in motor cores (stators and rotors) to achieve efficient conversion of electrical energy and mechanical energy through frequent magnetization and demagnetization processes. Its core performance indicators include saturation magnetic induction intensity (Bs), iron loss (P), magnetic permeability (μ) and coercivity (Hc), which directly affect the efficiency, volume and temperature rise of the motor.
Key market drivers include the following:
First, market growth for soft magnetic materials used in electric motors is driven by rising demand for high-efficiency motors and electrified equipment. Sectors such as new energy vehicles, industrial automation, home appliances, wind power, robotics, and rail transit all require motor systems characterized by higher efficiency, lower energy loss, and higher power density. Soft magnetic materials form the core foundation of motor magnetic circuits, directly influencing energy conversion efficiency, temperature rise, noise levels, and operational stability. As end-user requirements for energy conservation and performance intensify, the importance of soft magnetic materials continues to rise.
Second, the trend toward high-speed, miniaturized, and high-frequency motor products is driving the upgrading of soft magnetic materials. Traditional silicon steel materials face limitations regarding energy loss and processing capabilities in certain high-frequency, high-speed, or complex-structure scenarios. This has shifted market attention toward advanced materials such as high-grade electrical steel, soft magnetic composites (SMCs), and amorphous and nanocrystalline alloys. Different materials offer distinct advantages in terms of magnetic permeability, energy loss, mechanical strength, and formability, making them suitable for diverse applications ranging from drive motors, micro-motors, and servo motors to high-frequency magnetic components.
Additionally, energy-saving policies, supply chain security considerations, and improvements in domestic material production capabilities provide further support for the market. Following the raising of motor energy efficiency standards, downstream manufacturers need to reduce losses by optimizing magnetic materials, core structures, and manufacturing processes. Domestic enterprises are making continuous progress in material formulations, heat treatment, thin-strip preparation, stamping, and component-based supply, which is expected to enhance local supply chain capabilities. Future competition will center on low losses, high saturation magnetic flux density, stable processing performance, and customer-oriented magnetic circuit design capabilities.
This report is a detailed and comprehensive analysis for global Soft Magnetic Materials for Motors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Soft Magnetic Materials for Motors market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global Soft Magnetic Materials for Motors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global Soft Magnetic Materials for Motors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global Soft Magnetic Materials for Motors market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/kg), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Soft Magnetic Materials for Motors
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Soft Magnetic Materials for Motors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Proterial, Ltd., TDK, Hengdian Dongmei, Yunlu Co., Ltd., Tiantong Magnetics, Boco New Materials, Korea Changxing, Dongmu Keda, Antai Technology, Lingyi Intelligent Manufacturing, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Soft Magnetic Materials for Motors market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Metal Soft Magnetic Materials
Ferrite Soft Magnetic Materials
Other
Market segment by Technology
High-Permeability Soft Magnetic Alloy
High-Saturation Magnetic Induction Soft Magnetic Alloy
Constant-Permeability Soft Magnetic Alloy
Market segment by Thickness
Below 15 μm
15 μm ~ 30 μm
30 μm ~ 50 μm
Above 50 μm
Market segment by Application
Aerospace
Medical
Automotive
Consumer Products
Major players covered
Proterial, Ltd.
TDK
Hengdian Dongmei
Yunlu Co., Ltd.
Tiantong Magnetics
Boco New Materials
Korea Changxing
Dongmu Keda
Antai Technology
Lingyi Intelligent Manufacturing
Shanghai Jisheng
Sanhe Electronics
Lianfeng Magnetics
Zhaojing Technology
Micrometals
Shangpeng High-tech
Suzhou Tianyuan Magnetics
Futian Motor
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Soft Magnetic Materials for Motors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Soft Magnetic Materials for Motors, with price, sales quantity, revenue, and global market share of Soft Magnetic Materials for Motors from 2021 to 2026.
Chapter 3, the Soft Magnetic Materials for Motors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Soft Magnetic Materials for Motors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Soft Magnetic Materials for Motors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Soft Magnetic Materials for Motors.
Chapter 14 and 15, to describe Soft Magnetic Materials for Motors sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Soft Magnetic Materials for Motors. Industry analysis & Market Report on Soft Magnetic Materials for Motors is a syndicated market report, published as Global Soft Magnetic Materials for Motors Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Soft Magnetic Materials for Motors market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.