The high-frequency transformer global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
High-Frequency Transformer Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The high-frequency transformer market size has grown strongly in recent years. It will grow from $1.95 billion in 2023 to $2.11 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to electric vehicle industry growth, miniaturization trend, efficiency in power conversion, 5g technology adoption.
The high-frequency transformer market size is expected to see strong growth in the next few years. It will grow to $2.86 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to need for high-efficiency power supplies, role in iot devices, demand for enhanced power conversion, miniaturization and compact device requirements, telecommunications and data center expansion. Major trends in the forecast period include ai-based solutions, renewable energy integration, telecommunications and data centers, miniaturization and compact devices.
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Scope Of High-Frequency Transformer Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
High-Frequency Transformer Market Overview
Market Drivers –
The growing demand for electric vehicles (EVs) is expected to propel the growth of the high-frequency transformer market. Electric vehicles are vehicles that consist of a motor which is powered by electricity stored in batteries. It operates on electric motors and charges its batteries with electricity instead which requires high-frequency transformers. The growing economy and rising standard of living have changed purchasing power. Additionally, with defense against COVID-19 and aspirations to achieve net-zero emissions, EV and hybrid vehicles are suddenly adopted. These adoptions also lead to increase in production and demand for high-frequency transformers. High-frequency transformers are used to transfer electricity at a high frequency in EV chargers. For instance, according to May 2022 published, Global EV Outlook 2022 report, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. Therefore, an increased demand for electric vehicles will drive the need for high-frequency transformers.
Market Trends –
Product innovations have emerged as a key trend gaining popularity in the high-frequency transformer market. Electronic device development progresses the industry demand for transformers. Major companies operating in the market are focused on innovating new products to strengthen their market position. For Instance, in February 2021, TDK Corporation, a Japan-based manufacturer of electronic components and recording and data-storage media, launched a new line of insulated SMT transformers designed for use in various DC/DC converter topologies and gate driver circuits in e-mobility and industrial electronics. The series has four versions, each having a working voltage of 500 VRMS and reinforced insulation of 300 VRMS. Depending on the model, the turns ratio ranges between 1:0.76 and 4:1.
The high-frequency transformer market covered in this report is segmented –
1) By Power Output: Up to 50W, 51- 100W, 101- 400W, 401W and Above
2) By Application: Power Supplies, Alternative Energy Inverters, Electronic Switching Devices, LED Lighting, Plasma Generation, Personal Electronics, Others Applications
3) By Vertical: Industrial, Automotive, Military and Defense, Radio Frequency and Telecommunications, Consumer Electronics, Transmission and Distribution, Healthcare
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Regional Insights –
Asia-Pacific was the largest region in the high-frequency transformer market in 2023. The regions covered in the high-frequency transformer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the high-frequency transformer market report are TDK Corporation, Murata Manufacturing Co. Ltd., Delta Electronics Inc., Vishay Intertechnology Inc., Würth Elektronik eiSos GmbH & Co. KG, Agile Magnetics, Tabuchi Electric Co. Ltd., TT Electronics Plc, ABC Taiwan Electronics, GCI Technologies, CTM Magnetics, Bel Fuse Inc., Furukawa Electric Co. Ltd., Dongguan Chipsen Electronics Technology Co. Ltd., Taiyo Yuden Co. Ltd., Coilcraft Inc., Sumida Corporation, Falco Electronics, Panasonic Corp., Samsung Electro-Mechanics, Bourns Inc., Hang Tung Ltd., Premier Magnetics Inc., Pulse Electronics Corporation, Precision Incorporated, Triad Magnetics, Johnson Electric Coil Company, Lenco Electronics Inc., General Transformer Corp., Altran Corp., Coiltronics, Datatronic Distribution Inc.
Table of Contents
- Executive Summary
- High-Frequency Transformer Market Characteristics
- High-Frequency Transformer Market Trends And Strategies
- High-Frequency Transformer Market – Macro Economic Scenario
- Global High-Frequency Transformer Market Size and Growth
…………
- Key Mergers And Acquisitions In The High-Frequency Transformer Market
- High-Frequency Transformer Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global High-Frequency Transformer Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global High-Frequency Transformer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global High-Frequency Transformer Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………….
Table 74: TDK Corporation Financial Performance
Table 75: Murata Manufacturing Co. Ltd. Financial Performance
Table 76: Delta Electronics Inc. Financial Performance
Table 77: Vishay Intertechnology Inc. Financial Performance
Table 78: Würth Elektronik eiSos GmbH & Co. KG Financial Performance
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