The increasing adoption of 5G, IIoT, and cloud computing is projected to magnify growth in the global High-Frequency Transformer Market
Covid-19 Impact & Market Status
The report offers an exhaustive overview of the business dynamics and new investment strategies that are being adopted by business leaders across countries and regions to overcome the acute challenges and financial instabilities that have emerged in the post pandemic times.
The report highlights some of the best industry strategies and practices that are adopted by the players across local and global markets. Ever since the Covid-19 broke out in 2019, it has spread aggressively, resulting in rapid declaration by the WHO affirming Covid-19 as a global pandemic and an emergency.
The impact of the pandemic is widespread and the aftermath is well pronounced, gravely affecting the global High-Frequency Transformer chip market. The sudden pandemic and its implications have posed significant challenges such as travel bans, quarantines, and lockdowns.
These developments are hampering operations resulting in supply chain breaches, stock market inefficiencies, and vendor chaos. These are constantly interfering with the normal functioning of industries.
Ever since the outbreak of the global crisis, impact on upstream, downstream, and midstream industries have been appalling. The report delivers a quick ready-to-deploy approach to counter such crisis and steer the global High-Frequency Transformer market towards steady growth and systematic progression.
Amidst the pandemic, aligning with new dynamics, global High-Frequency Transformer market has been witnessing new dynamics which are further necessitating new business models and approaches to recoup growth and revenue streams.
In this report, inquisitive business players would be provided with sufficient guidelines regarding business transformation, integral to sustain stiffening competition in the pandemic and beyond pandemic era global High-Frequency Transformer market.
High-Frequency Transformer for power supplies segment to Sustain the Highest Revenues, Followed by electronic switching devices
The power supply category is predicted to have the greatest share of the high-frequency transformer market over the forecast period. The demand for switch-mode power supply (SMPS) high-frequency transformers is predicted to increase because to their high efficiency in power management RF circuits and power sourcing applications.. On ther hand, the electronic switching devices segment is anticipated to grow at the significant CAGR over the forecast period.
Industrial High-Frequency Transformer industry vertical Segment to be the Most Lucrative
The need for high-frequency transformers is developing at a rapid rate, thanks to the growing adoption of technologies such as IIoT and artificial intelligence in the manufacturing sector, as well as rapid industrialization. Thus, the global high-frequency transformer market is dominated by the industrial sector. The automotive segment is estimated to grow at the significant CAGR over the forecast period.
APAC to Sweep the Largest Revenue Streams Followed by North America
APAC is the largest contributor to this market, followed by Europe and then North America. In Asia, the presence of nations like China and India, with their massive subscriber bases and constantly shifting regulatory and competitive landscapes, has raised demand for High-Frequency Transformer systems. North America, on the other hand, is confronted with the challenges of a deregulated telecom sector.
Further, game type such as the racing is one of the fastest growing segment in application which in turn is favoring rampant expansion of the global High-Frequency Transformer market across regions such as North America and Asia Pacific. Consumer preferences for enhanced customer service with real-time billing experience is expected to gain traction in the global High-Frequency Transformer market.
Growing trend of miniaturization of electronics is expected to offer new opportunities in the global High-Frequency Transformer market
High-frequency transformers are used in a variety of systems in today's automobiles (both gas and electric), including electric compressors, DC-DC converters, LED lighting, battery management systems, inverters, electric vehicle charging systems, and on-board chargers. The expanding trend of component shrinking, as well as the demand for high performance and reliability, are driving high-frequency transformer usage in the automobile industry. Furthermore, the global automotive industry's optimistic growth prognosis, based on developments such as connected vehicles, IoT, autonomous control, electric and hybrid vehicles, and alternative fuel vehicles, is likely to offer potential growth opportunities market growth.
The increased adoption of various technologies in the industrial sector for sophisticated control and automation is likely to drive up demand for high-frequency transformers. Motor drives, inverters, robots, battery chargers, UPS, and other industrial equipment all need high-frequency transformers. Robots are utilised for applications such as machine tending, welding, cutting, grinding, soldering, and assembling, and the industrial robotics business has been growing at a rapid pace in recent years. Industrial robots, such as stand-alone robots, collaborative robots, and mobile robots, have two key end-user industries: automotive and electronics. During the projected period, the increasing adoption of automation technologies and robots in the industrial sector is expected to create lucrative possibilities for players selling high-frequency transformers.
Despite a minor growth dip owing to Covid-19 implications, the global High-Frequency Transformer market is expected to recoup growth and register a CAGR over the forecast period. COVID-19 has had a significant impact on the global economy and all industries around the world. Lockdowns have been established by governments around the world to stop the spread of the epidemic. People's livelihoods and quality of life were badly disrupted by the complete global lockdown in the early stages of the pandemic in several countries. As a result, supply chain disruptions have occurred all across the world. The world's economies have suffered as a result of a significant drop in product demand. Due to the epidemic, which resulted in a shortage of raw materials, production across industries has been hampered. Exports are declining, and supply chain problems are occurring.
All electronic devices rely on power sources, and the trend toward component downsizing is boosting demand for high-frequency transformers in both the industrial and consumer markets. The high-frequency transformer for switched mode power supplies (SMPS) has permitted the creation of a large number of topologies to suit design requirements in this sector. Push-pull, buck, boost, and buck-boost flyback are a few examples. Because of their great performance and small size, switched mode power supply transformers are in high demand. They aid in the reduction of the size and weight of electronic systems and devices used in a variety of industries.
Due to the rising use of high-frequency transformers in onboard and off-board chargers, the automotive segment is expected to expand at the fastest CAGR over the forecast period. Electric car charging infrastructure investments are steadily increasing in countries such as the United States, Germany, France, and China. High-frequency transformers are used in electric vehicle on-board and off-board chargers. Furthermore, these transformers are frequently employed in a variety of non-electric vehicle systems.
Furthermore, increased investments in R&D activities, shrinking of electronic devices and equipment, and rising demand for electrical and electronic equipment are some of the other factors that would positively influence the worldwide high frequency transformer market. Other key application areas that are predicted to increase during the forecast period include robotics and medical equipment such as lasers.
The major players of the global High-Frequency Transformer market are Murata Manufacturing Co. Ltd., TDK Corporation, Delta Electronics Inc., Vishay Intertechnology, Inc, Würth Elektronik GmbH & Co. KG, Agile Magnetics, and Payton Planar Magnetics Ltd.
The High-Frequency Transformer market is a rapidly progressing industry and is characterized to have industrial frontliners as well as aspiring new players aiming to penetrate into the aggressive competitive landscape across global and local markets. Additionally, various new and aspiring players are improving their product lines and upgrading technological capabilities to improve revenue streams amidst Covid-19 impact.
Latest Innovations in the Global High-Frequency Transformer Market: a Snapshot
- In October 2018, -Standex International Corporation has announced that it has acquired the privately held New Hampshire-based company Agile Magnetics, a provider of high-reliability magnetics, for USD 39.0 million.
- In January 2021, Delta has planned to acquire global video surveillance provider March Networks to bolster its building automation solutions.
High-Frequency Transformer Market Scope
|Forecast Unit||Value (USD)|
|Segment Covered||Application, Industry Vertical, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and South Africa|
|Key Players Profiled||Murata Manufacturing Co. Ltd., TDK Corporation, Delta Electronics Inc., Vishay Intertechnology, Inc, Würth Elektronik GmbH & Co. KG, Agile Magnetics, and Payton Planar Magnetics Ltd.|
Key Segments of the Global High-Frequency Transformer Market
Application Overview, 2018-2028 (USD Billion)
- Power Supplies
- Alternative Energy Inverters
- Electronic Switching Devices
- LED Lighting
- Plasma Generation
- Personal Electronics
Industry Vertical Overview, 2018-2028 (USD Billion)
- Military & Defense
- Consumer Electronics
Regional Overview, 2018-2028 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa