According to a Future Market Insights (FMI) report, the global soft magnetic composite market value is forecast to increase from US$ 44,459.0 Million in 2023 to US$ 108,392.0 Million by 2033. Over the assessment period, global demand for soft magnetic composites is predicted to surge at a CAGR of 9.3%. The electrical steel segment is expected to dominate the soft magnetic composite …