Increase in adoption of electric vehicles and positive growth of the automotive industry have boosted the growth of the global high-frequency transformer market.

PORTLAND, Ore. , Aug. 22, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "High Frequency Transformer Market by Power Output (Up to 50W, 51 to100W, 101 to 400W, 401W and Above), 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, Healthcare): Global Opportunity Analysis and Industry Forecast, 2021-2031". As per the report, the global high-frequency transformer industry was accounted for $1.9 billion in 2021, and is expected to reach $3.5 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.

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Increase in adoption of electric vehicles and positive growth of the automotive industry have boosted the growth of the global high-frequency transformer market. However, surge in prices of raw materials used in manufacturing of high-frequency transformers hinder the market growth. On the contrary, increase in demand for consumer electronics and household appliances would open new opportunities in the future.

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

North America, Europe, Asia Pacific, Latin America, MEA

U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, South Korea, Australia, Brazil, Mexico, South Africa, Saudi Arabia

Murata Manufacturing Co. Ltd., TDK Corporation., Delta Electronics Inc, Vishay Intertechnology, Inc, Würth Elektronik Gmbh & Co. KG, TT Electronics, Bel Fuse Inc, Samsung Electro-mechanics, Panasonic Corporation, Taiyo Yuden co., ltd., Tabuchi Electric co., Ltd, Bourns, Inc, Falco electronics, Coilcraft Inc, ABC Taiwan electronics Corp, GCI technologies, and Sumida Corporation Access Table PDF

The 101 to 400W segment held the largest share

By power output, the 101 to 400W segment held the largest share in 2021, accounting for nearly two-fifths of the global high-frequency transformer market, due to rise in demand for alternative energy solutions across prime economies. However, the 401W and above segment is expected to register the highest CAGR of 8.09% during the forecast period, owing to rise in investments by prime players in the industry 4.0 solution.

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The power supplies segment dominated the market

By application, the power supplies segment held the lion's share in 2021, contributing to more than one-fifths of the global high-frequency transformer market. In addition, the segment is estimated to manifest the highest CAGR of 8.1% from 2022 to 2031, due to growing trend of component miniaturization. The report includes analysis of other segments such as the alternative energy inverters, LED lighting, electronic switching devices, plasma generation, personal electronics, and others.

The healthcare segment to showcase the highest CAGR through 2031

By vertical, the healthcare segment is projected to manifest the highest CAGR of 8.95% during the forecast period, due to development and use of high-frequency transformers. However, the manufacturing segment dominated the market in 2021, accounting for more than two-thirds of the global high-frequency transformer market, owing to surge in demand for consumer electronics products and the rise in technological awareness.

Asia-Pacific held the largest share

By region, the global high-frequency transformer market across Asia-Pacific dominated in 2021, holding more than two-fifths of the market, due to surge in investment by prime players in consumer electronics and industrial electronics applications. However, the market across LAMEA is projected to portray the highest CAGR of 8.23% during the forecast period, owing to rising awareness about power supplies and LED lighting solutions.

The report analyzes these key players of the global high-frequency transformer market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

Key Market Segments & Key Market Players

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