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Increase in adoption of electric vehicles and positive growth of the automotive industry have boosted the growth of the global high-frequency transformer market.
PORTLAND, Ore., Aug. 22, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “High Frequency Transformer Market by Power Output (Up to 50W, 51 to100W, 101 to 400W, 401W and Above), by Application (Power Supplies, Alternative Energy Inverters, Electronic Switching Devices, LED Lighting, Plasma Generation, Personal Electronics, Others), by Vertical (Military and Defense, RF and Telecommunications, Manufacturing, Healthcare): Global Opportunity Analysis and Industry Forecast, 2021-2031″. As per the report, the global high-frequency transformer industry was accounted for $1.9 billion in 2021, and is expected to reach $3.5 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.
Download Report (300+ Pages PDF with Insights, Charts, Tables, Figures):
https://www.alliedmarketresearch.com/request-sample/17523
Drivers, restraints, and opportunities
Increase in adoption of electric vehicles and positive growth of the automotive industry have boosted the growth of the global high-frequency transformer market. However, surge in prices of raw materials used in manufacturing of high-frequency transformers hinder the market growth. On the contrary , increase in demand for consumer electronics and household appliances would open new opportunities in the future.
Covid-19 scenario:
- The Covid-19 pandemic significantly affected prime market players operating in the supply chain.
- Lack of skilled workforce and delayed projected due to prolonged lockdown hampered the market growth.
- On the other hand, increase in demand for power electronics solutions in industrial and consumer electronics sector has fueled the growth of the market.
Scope of the Report: –
|
Report Attribute |
Details |
|
Revenue forecast in 2030 |
$61.30 billion |
|
growth rate |
CAGR of 3.8% from 2022 to 2031 |
|
Forecast period |
2022-2031 |
|
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America, MEA |
|
Country scope |
US, Canada, Germany, UK, France, Italy, Spain, Japan, China, India, South Korea, Australia, Brazil, Mexico, South Africa, Saudi Arabia |
|
Key companies profiled |
Murata Manufacturing Co. Ltd., TDK Corporation., Delta Electronics Inc, Vishay Intertechnology, Inc, Würth Elektronik Gmbh & Co. KG, TT Electronics, Bel Fuse Inc, Samsung Electro-mechanics, Panasonic Corporation, Taiyo Yuden co., ltd. , Tabuchi Electric co., Ltd, Bourns, Inc, Falco electronics, Coilcraft Inc, ABC Taiwan electronics Corp, GCI technologies, and Sumida Corporation Access Table PDF |
The 101 to 400W segment held the largest share
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