The Business Research Company’s report on the High-Frequency Transformer Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the high-frequency transformer industry?
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 an 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, in November 2023, according to the U.S. Energy Information Administration, a US-based government agency, the share of battery-electric vehicles (BEVs) in new light-duty vehicle sales reached 17.7% in the third quarter of 2023, with BEVs accounting for 16.0% of total new vehicle sales so far this year, up from 12.5% in 2022 and 9.0% in 2021, as reported by Wards Intelligence. This data underscores a notable upward trend in the demand for electric vehicles, reflecting growing consumer preference and market expansion. Therefore, an increased demand for electric vehicles will drive the need for high-frequency transformers.
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What is the estimated market size of the high-frequency transformer sector by 2029, based on current forecasts?
The high-frequency transformer market size has grown strongly in recent years. It will grow from $2.07 billion in 2024 to $2.22 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. 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 $3.01 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. 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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#Who are the top players in the high-frequency transformer market?
Major companies operating in the high-frequency transformer market 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, CTM Magnetics, Bel Fuse Inc., Furukawa Electric Co. Ltd., Dongguan Chipsen Electronics Technology Co. Ltd., Taiyo Yuden Co. Ltd., Coilcraft Inc., Sumida Corporation, 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., Coiltronics, Datatronic Distribution Inc.
#What are the major trends in the high-frequency transformer market?
Major companies operating in the healthcare cognitive computing market are focusing on innovative technologies such as creepage UI5 to enhance the safety and performance of electronic devices used in medical applications, ensuring reliable operation in high-voltage environments. Creepage UI5 refers to a design standard ensuring adequate surface insulation distance between conductive parts in electronic devices, enhancing safety in high-voltage applications. For instance, Pulse Electronics Corporation, a US-based electronic component manufacturing company, launched a 2W LLC transformer. The 2W LLC transformer offers a compact form factor that facilitates easier integration into existing systems, particularly in applications where space is at a premium.
Which geography holds the highest high-frequency transformer market share?
Asia-Pacific was the largest region in the high-frequency transformer market in 2024. The regions covered in the high-frequency transformer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the high-frequency transformer market?
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
Subsegments:
1) By Up To 50W: Small Signal Transformers, Miniature Transformers
2) By 51-100W: Medium Signal Transformers, Compact Power Transformers
3) By 101-400W: Standard Power Transformers, High-Power Signal Transformers
4) By 401W And Above: High-Power Transformers, Custom Power Transformers
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What defines the structure and scope of the high-frequency transformer market?
High-frequency transformers are devices that are a component of switching power supply. These magnetic transformers are used in frequency conversion circuits to offer galvanic isolation and electrical power transfer.
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