Selected research
Industry Growth & Trends
Global Soft Magnetic Components Industry Growth and Trends Forecast to 2032
Market perspective
The global Soft Magnetic Components market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Soft Magnetic Components is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Soft Magnetic Components is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Soft Magnetic Components is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Soft Magnetic Components include Toda Kogyo, AMES, Innovative Sintered, GTB Components Ltd, Changsung Corp, MAGNETICS, Meizhou Magnetic Materials, DMEGC and TDG, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Soft Magnetic Components market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Soft Magnetic Components market size, estimates, and forecasts are presented in terms of sales volume (t) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Soft Magnetic Components market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Soft Magnetic Components.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Soft Magnetic Components market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Soft Magnetic Components Market by Company
Toda Kogyo
AMES
Innovative Sintered
GTB Components Ltd
Changsung Corp
MAGNETICS
Meizhou Magnetic Materials
DMEGC
TDG
Sumitomo Electric
Yunlu
Platinum New Materials
Dongmu Shares
Longci Technology
Antai Technology
Zhonggang Tianyuan
Beikuang Technology
VACUUMSCHMELZE (VAC)
TDK
Proterial
Bomatec
Soft Magnetic Components Segment by Type
Ferrite Soft Magnetic Components
Metal Powder Core Components
Amorphous Soft Magnetic Components
Nanocrystalline Soft Magnetic Components
Soft Magnetic Components Segment by Application
New Energy Vehicles
Consumer Electronics
Communication Equipment
Aerospace
Medical
Other
Soft Magnetic Components Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Soft Magnetic Components market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Soft Magnetic Components and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Soft Magnetic Components.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Soft Magnetic Components manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Soft Magnetic Components in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Ferrite Soft Magnetic Components
- Metal Powder Core Components
- Amorphous Soft Magnetic Components
- Nanocrystalline Soft Magnetic Components
Applications
- New Energy Vehicles
- Consumer Electronics
- Communication Equipment
- Aerospace
- Medical
- Other
Companies covered
- Toda Kogyo
- AMES
- Innovative Sintered
- GTB Components Ltd
- Changsung Corp
- MAGNETICS
- Meizhou Magnetic Materials
- DMEGC
- TDG
- Sumitomo Electric
- Yunlu
- Platinum New Materials
- Dongmu Shares
- Longci Technology
- Antai Technology
- Zhonggang Tianyuan
- Beikuang Technology
- VACUUMSCHMELZE (VAC)
- TDK
- Proterial
- Bomatec
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Soft Magnetic Components Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Soft Magnetic Components Sales Estimates and Forecasts (2021-2032)
- 1.3 Soft Magnetic Components Market by Type
- 1.3.1 Ferrite Soft Magnetic Components
- 1.3.2 Metal Powder Core Components
- 1.3.3 Amorphous Soft Magnetic Components
- 1.3.4 Nanocrystalline Soft Magnetic Components
- 1.4 Global Soft Magnetic Components Market Size by Type
- 1.4.1 Global Soft Magnetic Components Market Size Overview by Type (2021-2032)
- 1.4.2 Global Soft Magnetic Components Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Soft Magnetic Components Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Soft Magnetic Components Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Soft Magnetic Components Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Soft Magnetic Components Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Soft Magnetic Components Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Soft Magnetic Components Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Soft Magnetic Components Industry Trends
- 2.2 Soft Magnetic Components Industry Drivers
- 2.3 Soft Magnetic Components Industry Opportunities and Challenges
- 2.4 Soft Magnetic Components Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Soft Magnetic Components Revenue (2021-2026)
- 3.2 Global Top Players by Soft Magnetic Components Sales (2021-2026)
- 3.3 Global Top Players by Soft Magnetic Components Price (2021-2026)
- 3.4 Global Soft Magnetic Components Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Soft Magnetic Components Major Company Production Sites & Headquarters
- 3.6 Global Soft Magnetic Components Company, Product Type & Application
- 3.7 Global Soft Magnetic Components Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Soft Magnetic Components Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Soft Magnetic Components Players Market Share by Revenue in 2025
- 3.8.3 2025 Soft Magnetic Components Tier 1, Tier 2, and Tier 3
4 Soft Magnetic Components Regional Status and Outlook
- 4.1 Global Soft Magnetic Components Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Soft Magnetic Components Historic Market Size by Region
- 4.2.1 Global Soft Magnetic Components Sales in Volume by Region (2021-2026)
- 4.2.2 Global Soft Magnetic Components Sales in Value by Region (2021-2026)
- 4.2.3 Global Soft Magnetic Components Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Soft Magnetic Components Forecasted Market Size by Region
- 4.3.1 Global Soft Magnetic Components Sales in Volume by Region (2027-2032)
- 4.3.2 Global Soft Magnetic Components Sales in Value by Region (2027-2032)
- 4.3.3 Global Soft Magnetic Components Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Soft Magnetic Components by Application
- 5.1 Soft Magnetic Components Market by Application
- 5.1.1 New Energy Vehicles
- 5.1.2 Consumer Electronics
- 5.1.3 Communication Equipment
- 5.1.4 Aerospace
- 5.1.5 Medical
- 5.1.6 Other
- 5.2 Global Soft Magnetic Components Market Size by Application
- 5.2.1 Global Soft Magnetic Components Market Size Overview by Application (2021-2032)
- 5.2.2 Global Soft Magnetic Components Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Soft Magnetic Components Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Soft Magnetic Components Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Soft Magnetic Components Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Soft Magnetic Components Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Soft Magnetic Components Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Soft Magnetic Components Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Toda Kogyo
- 6.1.1 Toda Kogyo Company Information
- 6.1.2 Toda Kogyo Business Overview
- 6.1.3 Toda Kogyo Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Toda Kogyo Soft Magnetic Components Product Portfolio
- 6.1.5 Toda Kogyo Recent Developments
- 6.2 AMES
- 6.2.1 AMES Company Information
- 6.2.2 AMES Business Overview
- 6.2.3 AMES Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 AMES Soft Magnetic Components Product Portfolio
- 6.2.5 AMES Recent Developments
- 6.3 Innovative Sintered
- 6.3.1 Innovative Sintered Company Information
- 6.3.2 Innovative Sintered Business Overview
- 6.3.3 Innovative Sintered Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Innovative Sintered Soft Magnetic Components Product Portfolio
- 6.3.5 Innovative Sintered Recent Developments
- 6.4 GTB Components Ltd
- 6.4.1 GTB Components Ltd Company Information
- 6.4.2 GTB Components Ltd Business Overview
- 6.4.3 GTB Components Ltd Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 GTB Components Ltd Soft Magnetic Components Product Portfolio
- 6.4.5 GTB Components Ltd Recent Developments
- 6.5 Changsung Corp
- 6.5.1 Changsung Corp Company Information
- 6.5.2 Changsung Corp Business Overview
- 6.5.3 Changsung Corp Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Changsung Corp Soft Magnetic Components Product Portfolio
- 6.5.5 Changsung Corp Recent Developments
- 6.6 MAGNETICS
- 6.6.1 MAGNETICS Company Information
- 6.6.2 MAGNETICS Business Overview
- 6.6.3 MAGNETICS Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 MAGNETICS Soft Magnetic Components Product Portfolio
- 6.6.5 MAGNETICS Recent Developments
- 6.7 Meizhou Magnetic Materials
- 6.7.1 Meizhou Magnetic Materials Company Information
- 6.7.2 Meizhou Magnetic Materials Business Overview
- 6.7.3 Meizhou Magnetic Materials Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Meizhou Magnetic Materials Soft Magnetic Components Product Portfolio
- 6.7.5 Meizhou Magnetic Materials Recent Developments
- 6.8 DMEGC
- 6.8.1 DMEGC Company Information
- 6.8.2 DMEGC Business Overview
- 6.8.3 DMEGC Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 DMEGC Soft Magnetic Components Product Portfolio
- 6.8.5 DMEGC Recent Developments
- 6.9 TDG
- 6.9.1 TDG Company Information
- 6.9.2 TDG Business Overview
- 6.9.3 TDG Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 TDG Soft Magnetic Components Product Portfolio
- 6.9.5 TDG Recent Developments
- 6.10 Sumitomo Electric
- 6.10.1 Sumitomo Electric Company Information
- 6.10.2 Sumitomo Electric Business Overview
- 6.10.3 Sumitomo Electric Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Sumitomo Electric Soft Magnetic Components Product Portfolio
- 6.10.5 Sumitomo Electric Recent Developments
- 6.11 Yunlu
- 6.11.1 Yunlu Company Information
- 6.11.2 Yunlu Business Overview
- 6.11.3 Yunlu Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Yunlu Soft Magnetic Components Product Portfolio
- 6.11.5 Yunlu Recent Developments
- 6.12 Platinum New Materials
- 6.12.1 Platinum New Materials Company Information
- 6.12.2 Platinum New Materials Business Overview
- 6.12.3 Platinum New Materials Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Platinum New Materials Soft Magnetic Components Product Portfolio
- 6.12.5 Platinum New Materials Recent Developments
- 6.13 Dongmu Shares
- 6.13.1 Dongmu Shares Company Information
- 6.13.2 Dongmu Shares Business Overview
- 6.13.3 Dongmu Shares Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Dongmu Shares Soft Magnetic Components Product Portfolio
- 6.13.5 Dongmu Shares Recent Developments
- 6.14 Longci Technology
- 6.14.1 Longci Technology Company Information
- 6.14.2 Longci Technology Business Overview
- 6.14.3 Longci Technology Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Longci Technology Soft Magnetic Components Product Portfolio
- 6.14.5 Longci Technology Recent Developments
- 6.15 Antai Technology
- 6.15.1 Antai Technology Company Information
- 6.15.2 Antai Technology Business Overview
- 6.15.3 Antai Technology Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Antai Technology Soft Magnetic Components Product Portfolio
- 6.15.5 Antai Technology Recent Developments
- 6.16 Zhonggang Tianyuan
- 6.16.1 Zhonggang Tianyuan Company Information
- 6.16.2 Zhonggang Tianyuan Business Overview
- 6.16.3 Zhonggang Tianyuan Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Zhonggang Tianyuan Soft Magnetic Components Product Portfolio
- 6.16.5 Zhonggang Tianyuan Recent Developments
- 6.17 Beikuang Technology
- 6.17.1 Beikuang Technology Company Information
- 6.17.2 Beikuang Technology Business Overview
- 6.17.3 Beikuang Technology Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Beikuang Technology Soft Magnetic Components Product Portfolio
- 6.17.5 Beikuang Technology Recent Developments
- 6.18 VACUUMSCHMELZE (VAC)
- 6.18.1 VACUUMSCHMELZE (VAC) Company Information
- 6.18.2 VACUUMSCHMELZE (VAC) Business Overview
- 6.18.3 VACUUMSCHMELZE (VAC) Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 VACUUMSCHMELZE (VAC) Soft Magnetic Components Product Portfolio
- 6.18.5 VACUUMSCHMELZE (VAC) Recent Developments
- 6.19 TDK
- 6.19.1 TDK Company Information
- 6.19.2 TDK Business Overview
- 6.19.3 TDK Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.19.4 TDK Soft Magnetic Components Product Portfolio
- 6.19.5 TDK Recent Developments
- 6.20 Proterial
- 6.20.1 Proterial Company Information
- 6.20.2 Proterial Business Overview
- 6.20.3 Proterial Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.20.4 Proterial Soft Magnetic Components Product Portfolio
- 6.20.5 Proterial Recent Developments
- 6.21 Bomatec
- 6.21.1 Bomatec Company Information
- 6.21.2 Bomatec Business Overview
- 6.21.3 Bomatec Soft Magnetic Components Sales, Revenue and Gross Margin (2021-2026)
- 6.21.4 Bomatec Soft Magnetic Components Product Portfolio
- 6.21.5 Bomatec Recent Developments
7 North America by Country
- 7.1 North America Soft Magnetic Components Sales by Country
- 7.1.1 North America Soft Magnetic Components Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Soft Magnetic Components Sales by Country (2021-2026)
- 7.1.3 North America Soft Magnetic Components Sales Forecast by Country (2027-2032)
- 7.2 North America Soft Magnetic Components Market Size by Country
- 7.2.1 North America Soft Magnetic Components Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Soft Magnetic Components Market Size by Country (2021-2026)
- 7.2.3 North America Soft Magnetic Components Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Soft Magnetic Components Sales by Country
- 8.1.1 Europe Soft Magnetic Components Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Soft Magnetic Components Sales by Country (2021-2026)
- 8.1.3 Europe Soft Magnetic Components Sales Forecast by Country (2027-2032)
- 8.2 Europe Soft Magnetic Components Market Size by Country
- 8.2.1 Europe Soft Magnetic Components Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Soft Magnetic Components Market Size by Country (2021-2026)
- 8.2.3 Europe Soft Magnetic Components Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Soft Magnetic Components Sales by Country
- 9.1.1 Asia-Pacific Soft Magnetic Components Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Soft Magnetic Components Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Soft Magnetic Components Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Soft Magnetic Components Market Size by Country
- 9.2.1 Asia-Pacific Soft Magnetic Components Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Soft Magnetic Components Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Soft Magnetic Components Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Soft Magnetic Components Sales by Country
- 10.1.1 South America Soft Magnetic Components Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Soft Magnetic Components Sales by Country (2021-2026)
- 10.1.3 South America Soft Magnetic Components Sales Forecast by Country (2027-2032)
- 10.2 South America Soft Magnetic Components Market Size by Country
- 10.2.1 South America Soft Magnetic Components Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Soft Magnetic Components Market Size by Country (2021-2026)
- 10.2.3 South America Soft Magnetic Components Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Soft Magnetic Components Sales by Country
- 11.1.1 Middle East and Africa Soft Magnetic Components Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Soft Magnetic Components Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Soft Magnetic Components Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Soft Magnetic Components Market Size by Country
- 11.2.1 Middle East and Africa Soft Magnetic Components Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Soft Magnetic Components Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Soft Magnetic Components Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Soft Magnetic Components Value Chain Analysis
- 12.1.1 Soft Magnetic Components Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Soft Magnetic Components Production Mode & Process
- 12.2 Soft Magnetic Components Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Soft Magnetic Components Distributors
- 12.2.3 Soft Magnetic Components Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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