Date of Publication: Apr 21, 2015
The global soft magnetic material industry is a mature industry. However, a new energy paradigm, consisting of greater reliance on renewable energy sources and increased concern for energy efficiency in the total energy life-cycle, has accelerated research into energy-related technologies. New improved materials with higher energy efficiency have been demonstrated for amorphous and nanocrystalline soft magnetic materials. While amorphous steel has been used extensively as the core material for transformers and motors, the emerging nanocrystalline core material has even higher efficiency and will see much higher growth in the future.