Quick Summary:
In a world increasingly driven by technology and automation, the coil wound device market holds a critical position across various industries, from power management to automatic controls and electrical motors. The global market dynamics analysed in our comprehensive market research report showcases the anticipated growth in the industry, topping an estimated value of $165.9 Billion by 2030 from the current $107.1 billion figure in 2022.
Our report not only provides a detailed analysis of the market potential but also highlights the expected performance of key segments like Electromagnetic Coils and Sensors. For companies aiming to position their products in the U.S, or looking to expand into promising markets like China, our nuanced geographic assessments provide invaluable insights into growth trends.
Coupled with a competitive analysis featuring 13 renowned players, and an enriched 'What's New' section providing bespoke updates, this research report is a key tool to understand future opportunities and strategize effectively in the global Coil Wound Devices market.
Global Coil Wound Devices Market to Reach $165.9 Billion by 2030
The global market for Coil Wound Devices estimated at US$107.1 Billion in the year 2022, is projected to reach a revised size of US$165.9 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030. Electromagnetic Coils, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$59.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sensors segment is readjusted to a revised 6.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $28.3 Billion, While China is Forecast to Grow at 8.8% CAGR
The Coil Wound Devices market in the U.S. is estimated at US$28.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$38.7 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.Select Competitors (Total 13 Featured) -
- ABB Group
- Ametek Switch
- ASCO Valve, Inc.
- Baldor Electric Company
- Danaher Corporation
- Emerson Electric Co.
- Honeywell International, Inc.
- Hubbell Industrial Controls, Inc.
- Magnet-Schultz of America Inc.
- Murata Manufacturing Co., Ltd.
- Parker Hannifin Corporation
- Regal Beloit Corporation
- Schneider Electric SA
- Siemens AG
- Standex Electronics, Inc.
- Taiwan Shulin Enterprise Co., Ltd.
- TDK Corporation
- TE Connectivity
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Coil Wound Devices?
What is the growth rate of the Global Market for Coil Wound Devices?
What is the forecasted size of the Global Market for Coil Wound Devices?
Who are the key companies in the Global Market for Coil Wound Devices?
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 107.1 Billion |
| Forecasted Market Value ( USD | $ 165.9 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Group
- Ametek Switch
- ASCO Valve, Inc.
- Baldor Electric Company
- Danaher Corporation
- Emerson Electric Co.
- Honeywell International, Inc.
- Hubbell Industrial Controls, Inc.
- Magnet-Schultz of America Inc.
- Murata Manufacturing Co., Ltd.
- Parker Hannifin Corporation
- Regal Beloit Corporation
- Schneider Electric SA
- Siemens AG
- Standex Electronics, Inc.
- Taiwan Shulin Enterprise Co., Ltd.
- TDK Corporation
- TE Connectivity
