Press release
Common-mode Chokes Market worth $10.83 billion by 2030, growing at a CAGR of 5.75% - Exclusive Report by 360iResearch
The "Common-mode Chokes Market by Type (Data Line, Power Line, Signal Line), Frequency (Audio Frequency Chokes, Radio Frequency Chokes), Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Common-mode Chokes Market to grow from USD 7.32 billion in 2023 to USD 10.83 billion by 2030, at a CAGR of 5.75%.
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Common-mode chokes, known as common-mode inductors, play an integral role in electronic systems and circuits to filter out undesired noise signals. Common-mode chokes execute this task accurately and efficiently, ensuring electronic devices run cleanly and hassle-free. The increasing demand for improved electronic and communication devices increases the adoption of common-mode chokes. However, the volatility of raw material prices impedes the market growth. Nevertheless, the growing implementation of the Internet of Things (IoT), 5G communications, artificial intelligence (AI), robotics, and the urgent need for energy-efficient systems create potential opportunities for common-mode chokes.
The common-mode chokes market is evolving in the Americas owing to the presence of well-established manufacturing industries, the adoption of advanced technologies, and stringent EMI regulations. Europe's strict standards for electromagnetic interference (EMI) and the presence of a robust automotive industry are prime drivers for the demand for common-mode chokes in the region. In the Asia-Pacific region, growing consumer electronics and automotive manufacturing sectors in countries including China, Japan, South Korea, and India are anticipated to contribute significantly to the demand for common-mode chokes. In the Middle East and Africa, investments in infrastructure, particularly in telecommunications and power systems, present opportunities for the common-mode choke industry. Besides this, the rising investment in the renewable energy sector worldwide is creating potential opportunities for the growth of the common-mode chokes market globally.
Market Segmentation & Coverage:
This research report categorizes the Common-mode Chokes Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Data Line, Power Line, and Signal Line. The Signal Line is projected to witness significant market share during forecast period.
Based on Frequency, market is studied across Audio Frequency Chokes and Radio Frequency Chokes. The Radio Frequency Chokes is projected to witness significant market share during forecast period.
Based on Application, market is studied across Automotive, Consumer Electronics, Industrial & Instrumentation, Lighting, Medical, Military, Mobile, Network Communications, Office Machines, and Telecommunications. The Lighting is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.13% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Common-mode Chokes Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Common-mode Chokes Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Common-mode Chokes Market, highlighting leading vendors and their innovative profiles. These include Agile Magnetics by Standex International, API Delevan, Benatav Ltd., BH Electronics, Inc., Bourns, Inc., Coil Winding Specialist, Inc., Coilcraft Inc., Cyntec Co., Ltd. BY Delta Electronics, Inc., Design Criteria, Inc., Digi-Key Corporation, Eaton Corporation PLC, Electronic Craftsmen Corporation, Hakoto semi Co., Ltd., HALO Electronics, Inc., Hitachi Limited, iConnect Business Pvt. Ltd., Inglot Electronics Corp., ITG Electronics, Inc., Knitter-Switch GmbH & Co.KG, KYOCERA AVX Components Corporation by Kyocera Corporation, Laird Technologies, Inc., LEI INDIAS, Littelfuse, Inc. by Teccor Electronics, Inc., MagnaTech - India, Magnetic Circuit Elements Inc., Mech-Tronics, MH&W International Corp., Mouser Electronics, Inc. by Berkshire Hathaway Inc., MPS Industries, Inc., Murata Manufacturing Co., Ltd., Noreast Electronics Co. Ltd., Promark Electronics, Inc. by Electrical Components International, Inc., Reliable Electronics, Renco Electronics Inc., S.G. Smallwood Inc., Schaffner Holding AG, Shenzhen Sunlord Electronics Co. Ltd., STMicroelectronics International N.V., Sumida Corporation, TAI-TECH Advanced Electronics Co., Ltd., Taiyo Yuden Co., Ltd., Tamura Corporation, TDK Corporation, Triad Magnetics, TT Electronics PLC, VACUUMSCHMELZE GmbH & Co. KG by Siemens & Halske AG, Vishay Intertechnology, Inc., Würth Elektronik eiSos GmbH & Co. KG, Yageo Corporation, and Zhejiang Jingjing New Material Technology Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Common-mode Chokes Market, by Type
7. Common-mode Chokes Market, by Frequency
8. Common-mode Chokes Market, by Application
9. Americas Common-mode Chokes Market
10. Asia-Pacific Common-mode Chokes Market
11. Europe, Middle East & Africa Common-mode Chokes Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Common-mode Chokes Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Common-mode Chokes Market?
3. What is the competitive strategic window for opportunities in the Common-mode Chokes Market?
4. What are the technology trends and regulatory frameworks in the Common-mode Chokes Market?
5. What is the market share of the leading vendors in the Common-mode Chokes Market?
6. What modes and strategic moves are considered suitable for entering the Common-mode Chokes Market?
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