Global Amorphous Metal Ribbons market will reach 1140 million US$ by the end of 2025

Global Amorphous Metal Ribbons
market will reach 1140 million
US$ by the end of 2025
QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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QYResearch
An amorphous metal (also known as metallic glass or glassy
metal) is a solid metallic material, usually an alloy, with a
disordered atomic-scale structure. Most metals are crystalline
in their solid state, which means they have a highly ordered
arrangement of atoms. Amorphous metals are non-crystalline,
and have a glass-like structure. But unlike common glasses, such
as window glass, which are typically electrical insulators,
amorphous metals have good electrical conductivity. There are
several ways in which amorphous metals can be produced,
including extremely rapid cooling, physical vapor deposition,
solid-state reaction, ion irradiation, and mechanical alloying.
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QYResearch
• The initial costs of an amorphous core transformer are higher
than of a crystalline silicon steel core transformer: first, the
amorphous material itself is more expensive than crystalline
silicon steel and second, the saturation magnetic flux density of
amorphous steel is lower than that of silicon steel. This means
larger sizes of amorphous core transformers are required, which
results in a higher cost per unit. However, the higher initial costs
can be compensated by lower operating costs over the lifetime of
the transformers due to their increased energy efficiency.
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QYResearch
• The leading companies own the advantages on better
performance, more abundant product’s types, better
technical and impeccable after-sales service. Consequently,
they take the majority of the market share of high-end
market. Looking to the future years, the slow downward
price trend in recent years will maintain. As competition
intensifies, prices gap between different brands will go
narrowing. Similarly, there will be fluctuation in gross margin.
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QYResearch
• The industry is expected to remain innovation-led, with
frequent acquisitions and strategic alliances adopted as the key
strategies by the players to increase their industry presence.
Market stays in mature period with a clear concentration.
Meanwhile, optimize product mix and further develop valueadded
capabilities to maximize margins. Manufacturers can
take advantage of this situation by reinforcing their production
units and supply-chains to avoid any delay in production turnaround-times
(TAT) and supply-lead-times.
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QYResearch
The global Amorphous Metal Ribbons market is valued at 630
million US$ in 2017 and will reach 1140 million US$ by the
end of 2025, growing at a CAGR of 7.8% during 2018-2025.
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