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
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 232 |
Published | April 2024 |
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 |