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According to a new report by IMIR Market Research on Global High Frequency Transformer Market Size was valued at USD 2.35 Billion in 2023. The High Frequency Transformer market is projected to grow from USD 2.51 Billion in 2024 to USD 4.26 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.85% during the forecast period (2024 - 2032).
Enhanced power transformers, or high frequency transformers, use magnetic induction to transfer high voltage and current levels between coils. They are intended to handle up to 15,000 volts safely and reliably. Furthermore, high-frequency transformers use frequencies from 20 kHz to more than 1MHz, whereas high-frequency current transformers operate at a much higher frequency, often between 50 and 60 Hz. The need for high frequency power transformers is increasing as digital electronics are found in an increasing number of different types of devices.
Moreover, a wide range of devices, such as particle accelerators, laser equipment, and power supply, need high voltage, high frequency transformers. Rising industrialization in developed countries like China, Japan, the US, India, and Germany is expected to drive growth in the high-frequency transformer market in the coming years.
Due to the improving growth prospects of the automotive sector and the increasing popularity of electric vehicles, the high frequency transformer market share is anticipated to expand significantly over the course of the projected period. Furthermore, the expanding renewable energy industry has led to a growth in the demand for high frequency transformers.
Additionally, throughout the projection period, the high frequency transformer market opportunity is anticipated to be driven by development in demand for domestic appliances and consumer electronics.
One of the main things impeding the high frequency transformer sector, though, is the rising cost of the raw materials needed to make them. On the other hand, the market for high frequency transformers is expected to expand profitably over the course of the forecast period as a result of the industrial sector's adoption of cutting-edge technologies, the growing trend of automation, and the expanding demand for customised high-frequency transformers in important industries.
The Automobile Sector is Expected to Increase Positively, and the Number of People Using Electric Cars is Rising.
Rising Trend of Automation and Adoption of Advanced Technologies in Industrial Sector
Rising Costs for the Raw Materials Needed to Make High-Frequency Transformers.
The report will cover the qualitative and quantitative data on the global High-Frequency Transformer Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
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), By Vertical (Industrial, Automotive, Military & Defence, RF & Telecommunications, Consumer Electronics, Transmission & Distribution, Healthcare).
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 6.85% from 2024 to 2032 |
Segmentation | By Power Output, By Application, By Vertical, By Region |
Unit | USD Billion |
By Power Output |
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By Application |
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By Vertical |
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By Region |
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In March 2022, Spang Engineered Solutions (SES), a US-based designs and manufactures inductors and transformers, acquired Wirebenders, Inc for an undisclosed amount. This acquisition broadens SES's reach, strengthening its footprint in the aerospace and Defence industries. Wirebenders Inc is a US-based manufacturer of small transformers, high-frequency transformers, and inductors, including coaxial cable assemblies serving the aerospace, Defence, and medical industries.
In February 2021, TDK Corporation has launched the EPCOS E10 EM series, which is a new range of insulated SMT transformers suitable for various DC-DC converter topologies and gate driver circuits in industrial electronics and e-mobility. Their compact design helps to meet the clearance and creepage requirements according to the IEC-60664-1 standard.
The market scope is segmented because of by Power Output, by Application, by Vertical.
By Power Output
Based on the Power Output of the market is segmented into Up to 50W, 51- 100W, 101- 400W, 401W and Above.
The High Frequency Transformer Market segmentation, based on power output includes Up to 50W, 51- 100W, 101- 400W, 401W and Above. The 401W and above segment dominated the market and held the market share of 30.25%. High-power transformers are necessary for industrial machinery and automation in order to effectively handle and convert enormous volumes of electrical power.
By Application
Based on the Application of the market is segmented into Power Supplies, Alternative Energy Inverters, Electronic Switching Devices, LED Lighting, Plasma Generation, Personal Electronics, Others.
The High Frequency Transformer Market segmentation, based on Application, includes Power Supplies, Alternative Energy Inverters, Electronic Switching Devices, LED Lighting, Plasma Generation, Personal Electronics, Others. Power supplies segment dominated the market and held the market share of 22.42%. By converting and regulating electrical power to match the unique voltage and current requirements of various devices and applications, high-frequency transformers play a critical role in power supply systems.
By Vertical
Based on the Vertical of the market is segmented into Industrial, Automotive, Military & Defence, RF & Telecommunications, Consumer Electronics, Transmission & Distribution, Healthcare.
Industrial, Automotive, Military & Defence, RF & Telecommunications, Consumer Electronics, Transmission & Distribution, and Healthcare are the vertically segmented high frequency transformer markets. With a 32.3% market share, the RF and telecoms category dominated the industry. The RF and telecommunications market is dominating because to the expansion of the Internet of Things (IoT) ecosystem, the development of 5G networks, and the increasing need for wireless communication technologies.
High-frequency transformers are necessary in contemporary wireless communication systems in order for signals to operate and transmit effectively.
Markets in North America, Europe, Asia-Pacific, and the rest of the world are all included in the analysis. In 2022, 45.80% of the market was accounted for by the Asia-Pacific High Frequency Transformer Market. Telecommunications, electronics, automotive, and renewable energy are industries that are expanding quickly in countries like China and India. In these sectors, high-frequency transformers are needed for a range of applications including as power supplies, motor drives, telecommunications equipment, and renewable energy systems. Also, China had the largest market share in both of the countries where India's high-frequency transformer market was the fastest-growing in the Asia-Pacific area. In addition, the market study includes the following important countries: Brazil, Germany, France, the United Kingdom, Italy, and Spain; China; Japan; India; Australia; South Korea; and South Korea.
High Frequency Transformer Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends:
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25 Oct 2023
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