Transportation End Use Sector Expected to Offer Notable Growth Opportunities in the Global Coil Wound Devices Market in the Near Future From 2017-2025

Persistence Market Research presents a new report titled 'Coil Wound Devices Market: Global Industry Analysis 2012 - 2016 and Forecast 2017 - 2025' that studies the performance of the global coil wound devices market over an eight year assessment period from 2017 to 2025. The report presents the value and volume forecasts of the global coil wound devices market and provides important insights into the factors driving market growth as well as the factors restricting market growth. As per the assessment of Persistence Market Research, the global coil wound devices market was estimated to be valued at nearly US$ 77,900 Mn in 2017 and is anticipated to touch a valuation of nearly US$ 119,050 Mn in 2025 and in the process exhibit a CAGR of 5.4% during the period of forecast 2017-2025.

To remain 'ahead' of your competitors, request for a Sample@ https://www.persistencemarketresearch.com/samples/21733

Increasing Demand for Custom Coil Devices in North America Expected to Boost Market Revenue Growth
The North America region is expected to witness a demand for custom coils with nonstandard shapes, close tolerances and other unique characteristics, as demanded by end users. In terms of design, the manufacturers will have to experiment with a variety of various magnetic and nonmagnetic materials to gain competitive advantage in the market. As a result, manufacturers will have to create coils that perfectly match with the specified designs and meet the highest standards of quality. Adding to this, the demand for custom electromagnetic coils that deliver optimum performance in transformers, electric motors, semiconductors, medical devices, as air coil inductors, etc. is also anticipated grow in the coming years.

Global Coil Wound Devices Market: Segmentation and Forecast
The global coil wound devices market is segmented on the basis of application, device type, end-use sector and region.
• By application, the electrical motor segment is forecasted to reach a valuation of nearly US$ 78,700 Mn in 2025, displaying a CAGR of 5.5% during 2017-2025.
• By device type, the sensors segment was estimated to be valued at nearly US$ 14,200 Mn in 2017 and is anticipated to register a CAGR of 6.2% during the period of assessment.
• By end-use sector, the industrial machinery and equipment segment was valued at about US$ 32,300 Mn in 2017 and is expected to reach a valuation of nearly US$ 51,520 Mn in 2025.
• By region, the Asia Pacific coil wound devices market is likely to reach a valuation of nearly US$ 57,500 Mn by 2025, exhibiting a CAGR of 6.9% during the period of forecast.

For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/21733

Global Coil Wound Devices Market: Competitive Landscape
The report profiles some of the top companies operating in the global coil wound devices market such as ABB, Honeywell International Inc., Parker Hannifin Corporation, Danaher Corporation, SIEMENS AG, Magnet-Schultz of America Inc., Murata Manufacturing Co. Ltd., Emerson, Schneider Electric, TDK Corporation, Asco Valve, Hubbell Industrial Controls, Standex Electronics, Amtek Switch, Baldor Electric, TE Connectivity, Regal Beloit and Taiwan Shulin Enterprise Co., Ltd.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/21733

Read More Trending "PMR Exclusive Article"
• Global Market Study on Industrial Plugs and Sockets: https://www.persistencemarketresearch.com/market-research/industrial-plugs-and-sockets-market.asp
• Global Market Study on Electrical Coil Windings: https://www.persistencemarketresearch.com/market-research/electrical-coil-windings-market.asp

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.