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Magnetic hysteresis is a phenomenon in electrical engineering that occurs when a magnetic material is exposed to an external magnetic field. It is characterized by the material's ability to retain a certain amount of magnetization after the external field is removed. This phenomenon is used in a variety of applications, such as in the design of motors, generators, transformers, and other electrical components. It is also used in the design of magnetic recording media, such as hard disks and tapes. The magnetic hysteresis market is composed of companies that specialize in the design and manufacture of components and systems that utilize this phenomenon. These companies provide products and services to a variety of industries, including automotive, aerospace, medical, and consumer electronics. Some companies in the magnetic hysteresis market include TDK Corporation, Hitachi Metals, Sumitomo Electric Industries, and Nippon Steel Corporation. Show Less Read more