The global high frequency transformer market was valued at $1.86 billion in 2021 and is projected to reach $3.53 billion by 2031, registering a CAGR of 6.67% from 2022 to 2031. Power transformers with a working frequency greater than medium frequency are known as high-frequency transformers.
The growth of the market is majorly driven by rising in government initiatives for digitalization, coupled with rising in the adoption of touch-based display solutions. Further, increased demand for consumer electronics is anticipated to drive the growth of the high frequency transformer market. However, the lack of availability of skilled workforce acts as a prime restraint for the global market. On the contrary, the surge in industrial applications of touch-based panels and equipment is anticipated to provide lucrative opportunities for the high frequency industry during the forecast period.
The global high frequency transformer market is segmented based on power output, application, and industry vertical. On the basis of power output, the market is divided into Up to 50W, 51 to 100W, 101W to 400W, and 401W and Above. Based on application, the market is bifurcated into power supplies, alternative energy inverters, electronic switching devices, led lighting, plasma generation, personal electronics, and others. By industry vertical, the market is segmented into military & defense, rf & telecommunications, manufacturing, and healthcare. Region-wise, the high frequency transformer market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and the rest of the Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players that operate in the market include Delta Electronics, Inc., Murata Manufacturing Co. Ltd., TDK Corporation, Bel Fuse Inc., Samsung Electro Mechanics, Tabuchi Electric Co. Ltd., Falco Electronics., Coilcraft, ABC Taiwan Electronics, Bourns, Inc., Panasonic Corporation., Sumida Corporation., Taiyo Yuden Co. Ltd., Vishay Intertechnology, Inc., Würth Elektronik Gmbh & Co. KG., Infypower, and Resilient Power.
The growth of the market is majorly driven by rising in government initiatives for digitalization, coupled with rising in the adoption of touch-based display solutions. Further, increased demand for consumer electronics is anticipated to drive the growth of the high frequency transformer market. However, the lack of availability of skilled workforce acts as a prime restraint for the global market. On the contrary, the surge in industrial applications of touch-based panels and equipment is anticipated to provide lucrative opportunities for the high frequency industry during the forecast period.
The global high frequency transformer market is segmented based on power output, application, and industry vertical. On the basis of power output, the market is divided into Up to 50W, 51 to 100W, 101W to 400W, and 401W and Above. Based on application, the market is bifurcated into power supplies, alternative energy inverters, electronic switching devices, led lighting, plasma generation, personal electronics, and others. By industry vertical, the market is segmented into military & defense, rf & telecommunications, manufacturing, and healthcare. Region-wise, the high frequency transformer market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and the rest of the Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players that operate in the market include Delta Electronics, Inc., Murata Manufacturing Co. Ltd., TDK Corporation, Bel Fuse Inc., Samsung Electro Mechanics, Tabuchi Electric Co. Ltd., Falco Electronics., Coilcraft, ABC Taiwan Electronics, Bourns, Inc., Panasonic Corporation., Sumida Corporation., Taiyo Yuden Co. Ltd., Vishay Intertechnology, Inc., Würth Elektronik Gmbh & Co. KG., Infypower, and Resilient Power.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the high frequency transformer market analysis from 2021 to 2031 to identify the prevailing high frequency transformer market opportunities.
- Market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- An in-depth analysis of the high frequency transformer market segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global high frequency transformer market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Power Output
- 101 to 400W
- 401W and Above
- Up to 50W
- 51 to100W
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
- Manufacturing
- Electronics
- Transmission and Distribution
- Automotive
- Healthcare
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Murata Manufacturing Co. Ltd
- TDK Corporation
- Delta Electronics Inc.
- Vishay Intertechnology, Inc.
- Würth Elektronik GmbH & Co. KG
- TT Electronics plc
- Bel Fuse Inc.
- Samsung Electro-Mechanics
- Panasonic Corp.
- Taiyo Yuden Co. Ltd.
- Tabuchi Electric co., Ltd
- Bourns, Inc.
- Falco electronics
- Coilcraft Inc
- ABC Taiwan electronics Corp.
- GCI technologies
- Sumida Corporation
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: HIGH FREQUENCY TRANSFORMER MARKET, BY POWER OUTPUT
CHAPTER 5: HIGH FREQUENCY TRANSFORMER MARKET, BY APPLICATION
CHAPTER 6: HIGH FREQUENCY TRANSFORMER MARKET, BY VERTICAL
CHAPTER 7: HIGH FREQUENCY TRANSFORMER MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “High Frequency Transformer Market," the high frequency transformer market was valued at $1.9 billion in 2021, and is estimated to reach $3.5 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.High frequency current transformers are enhanced magnetic transformers used in circuits with frequency conversion. Further, high-frequency transformer operates over a frequency of 50Hz or 60Hz, which is known as power frequency or lower frequency; 60Hz to 20kHz, which is known as intermediate frequency and 400Hz is the intermediate frequency, not the power frequency; and above 20kHz is known as the high frequency.
Growth in the global high frequency transformer market is majorly driven by the expanding renewable energy industry, coupled with the positive growth outlook of the automotive industry and growth in the adoption of electric vehicles. Further, growth in demand for consumer electronics and household appliances is anticipated to drive the growth of the high frequency transformer market. However, the increase in prices of raw materials used in the manufacturing of high-frequency transformers acts as a prime restraint on the global market. On the contrary, the rise in trend of automation and adoption of advanced technologies in the industrial sector, coupled with growth in demand for customized high-frequency transformers in critical industries is anticipated to provide lucrative opportunities for the high frequency transformer industry during the forecast period.
According to high frequency transformer market analysis, the manufacturing segment was the highest contributor to the market in 2021. The power supplies and LED lighting segments collectively accounted for around 36.5% market share in 2021. The surge in adoption of smart infrastructure solutions has led to the growth of high frequency power transformer in power supplies and LED lighting segments; thereby, enhancing the high frequency transformer market growth.
The outbreak of COVID-19 has significantly impacted the growth of the high frequency transformer market, owing to the significant impact on prime market players. Conversely, a rise in demand for electric vehicle solutions in emerging economies such as India, South Korea, and Mexico is anticipated to drive the market post-pandemic. However, the lack of availability of a professional workforce, owing to partial and complete lockdown implemented by governments restrained the growth of the high frequency transformer market. On the contrary, emerging economies significantly witness the need for industrial electronics solutions that are expected to boost the high frequency transformer market.
Region-wise, Asia-Pacific holds a significant share in the global high frequency transformer market, owing to the presence of prime players in this region. Adoption of power transformer solutions across industrial and consumer electronics sectors is expected to propel the growth of the high frequency transformer industry in this region. Moreover, the surge in demand for home applications in Asia-Pacific countries such as India, South Korea, and Japan is anticipated to drive the high frequency transformer market trends in this region.
Key Findings of the Study
- In 2021, the manufacturing segment accounted for maximum revenue and is projected to grow at a notable CAGR of 5.10% during the forecast period.
- The manufacturing and healthcare segments together accounted for around 82.0% of the high frequency transformer market share in 2021.
- The power supplies segment is projected to grow at a CAGR of 8.1% during the forecast period.
- Asia-Pacific contributed the major share in the high frequency transformer market size, accounting for more than 44.8% share in 2021.
- The key players profiled in the report include Delta Electronics, Inc., Murata Manufacturing Co. Ltd., TDK Corporation, Bel Fuse Inc., Samsung Electro Mechanics, Tabuchi Electric Co. Ltd., Falco Electronics., Coilcraft, ABC Taiwan Electronics, Bourns, Inc., Panasonic Corporation., Sumida Corporation., Taiyo Yuden Co. Ltd., Vishay Intertechnology, Inc., Würth Elektronik Gmbh & Co. KG., Infypower, and Resilient Power. Market players have adopted various strategies, such as product launch, collaboration& partnership, joint venture, and acquisition, to expand their foothold in the high frequency transformer market
Companies Mentioned
- Murata Manufacturing Co. Ltd
- Tdk Corporation
- Delta Electronics Inc.
- Vishay Intertechnology, Inc.
- Würth Elektronik GmbH & Co. Kg
- Tt Electronics plc
- Bel Fuse Inc.
- Samsung Electro-Mechanics
- Panasonic Corp.
- Taiyo Yuden Co. Ltd.
- Tabuchi Electric Co. Ltd
- Bourns, Inc.
- Falco Electronics
- Coilcraft Inc
- Abc Taiwan Electronics Corp.
- Gci Technologies
- Sumida Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 311 |
| Published | August 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 1.86 billion |
| Forecasted Market Value ( USD | $ 3.53 billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 17 |
