Nickel-Iron Soft Magnetic Alloys Gain Strategic Importance in EVs,...

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2026-05-14 09:14:57 -

Nickel-Iron Soft Magnetic Alloys Gain Strategic Importance in EVs, Renewable Energy, and Precision Electronics

Global Nickel-Iron (NiFe) Soft Magnetic Alloy Sheet market was valued at USD 1.85 billion in 2025 and is projected to reach USD 3.45 billion by 2034, exhibiting a remarkable CAGR of 7.2% during the forecast period. Nickel-Iron (NiFe) soft magnetic alloy sheets, often referred to as permalloy or mumetal in high-nickel variants, represent specialized materials engineered for superior magnetic...

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