Soft Magnetic Materials Market Size Worth USD 73.77 Billion by 2035 as EV Revolution and Smart Energy Systems Accelerate Demand
The global soft magnetic materials market is entering a transformative growth phase, fueled by rapid electrification across transportation, industrial automation, renewable energy systems, and advanced consumer electronics. The market size was valued at USD 36.77 billion in 2025 and is projected to grow from USD 39.42 billion in 2026 to approximately USD 73.77 billion by…