Global High Frequency Transformer Market Size, Drivers, Trends, Opportunities And Strategies – Includes High Frequency Transformer Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The growing demand for electric vehicles (EVs) are expected to drive innovation in high frequency transformer manufacturing, thus driving the market during the forecast period.
The global high frequency transformer market is expected to grow from $1.80 billion in 2022 to $1.95 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The high frequency transformer market size is expected to reach $2.58 billion in 2027 at a CAGR of 7.2%.
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Global High Frequency Transformer Market Segments Include:
- By Power Output: Up to 50W, 51- 100W, 101- 400W, 401W and Above
- By Application: Power Supplies, Alternative Energy Inverters, Electronic Switching Devices, LED Lighting, Plasma Generation, Personal Electronics, Others Applications
- By Vertical: Industrial, Automotive, Military and Defense, Radio Frequency and Telecommunications, Consumer Electronics, Transmission and Distribution, Healthcare
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global high frequency transformer market in 2021.
Major Market Players in the high frequency transformer market include TDK Corporation, Murata Manufacturing Co Ltd., Delta Electronics Inc., Vishay Intertechnology Inc., Würth Elektronik eiSos GmbH & Co KG.
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 Global Market Report 2023 provides a high frequency transformer market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The high frequency transformer market forecast analyzes high frequency transformer market size, high frequency transformer market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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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