Common-Mode Chokes Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Type ; By End User ; By Region

Description

Global Common-Mode Chokes Market Size Booming to Cross USD 818 Billion by 2029.

Global common-mode chokes market is flourishing because of an increasing demand for automotive and transportation applications and a growing number of communications applications.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global common-mode chokes market size at USD 592.36 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global common-mode chokes market size to grow at a CAGR of 5.4% reaching a value of USD 818.67 billion by 2029. Major growth drivers for the global common-mode chokes market include an increasing demand for electromagnetic interference (EMI) suppression solutions across automotive, telecommunications, consumer electronics, and industrial sectors. The demand stems from the rapidly growing number of electronic devices and systems, which are susceptible to EMI interference. Common-mode chokes offer an efficient means of reducing common-mode noise and ensuring reliable operation of electronic circuits. Also, the surge in industrial technological advancements has further propelled the growth of the common-mode chokes market. The automotive and transportation sector witnesses a growing demand for common-mode chokes, while the consumer electronics industry increasingly adopts them. The widespread adoption has spurred the development of common-mode chokes, resulting in market expansion. The demand for common-mode chokes is also driven by the necessity to meet regulatory standards, improve product performance, and enhance overall system reliability in automotive, transportation, telecommunications, and consumer electronics. However, high levels of complexity associated with common-mode chokes and high costs of common-mode chokes are anticipated to restrain the overall market growth during the period in analysis.

Global Common-Mode Chokes Market - Overview:

The global common-mode chokes market refers to the industry that encompasses the manufacturing, distribution, and sales of common-mode chokes. Common-mode chokes are electronic components designed to suppress electromagnetic interference (EMI) in electrical circuits. They are used to filter out unwanted common-mode noise that can disrupt the proper functioning of electronic devices. Common-mode chokes consist of coils of wire wound around a magnetic core, which helps attenuate common-mode noise while allowing normal signal transmission. These components find widespread applications in automotive, telecommunications, consumer electronics, industrial automation, and other industries, to ensure reliable and interference-free operation of electronic systems. The market involves the supply and demand dynamics of common-mode chokes, including market size, trends, growth opportunities, and key players in the industry.

Impact of COVID-19 on Global Common-Mode Chokes Market:

COVID-19 pandemic had a mixed impact on the global common-mode chokes market. The increased reliance on remote work, online communication, and digital solutions during the pandemic led to a surge in demand for electronic devices and systems, consequently driving the need for common-mode chokes. This had a positive influence on the market. However, the pandemic also disrupted global supply chains, causing delays in manufacturing and distribution of electronic components, including common-mode chokes. Also, economic uncertainties and reduced consumer spending during the pandemic affected the overall market growth. The long-term impact depended on the duration of the pandemic, recovery of industries, and stability in supply chains.

Global Common-Mode Chokes Market - By End User:

By end user, the global common-mode chokes market is divided into Industrial, Commercial, Automotive, Consumer Electronics, and Aerospace & Defense segments. The automotive end-user segment is expected to hold the highest market share during the forecast period. The increasing demand for hybrid and electric vehicles (H&EVs) is a significant driver of the common-mode chokes market within the automotive end-use sector. H&EVs incorporate numerous electronic components, which can generate electromagnetic interference (EMI) and potentially impact vehicle performance. Common-mode chokes play a crucial role in reducing EMI noise in DC-DC or AC-AC power electronics systems within the vehicle. Moreover, the rising consumer demand for advanced driver assistance systems (ADAS) is fueling market growth. These systems employ various cameras and sensors to enhance driving safety and convenience. Within these components, common-mode chokes are employed to minimize EMI and enable precise and reliable functioning of sensors and cameras.

Competitive Landscape:

Major players operating in the global common-mode chokes market include: YAGEO Group, Sumida, Eaton, Coilcraft, TDK Corporation, Schaffner Holding AG, Tamura Corporation, AVX Corporation, Murata Manufacturing Co., Ltd, TT Electronics PLC, Wurth Elektronik GmbH & Co. KG, Littelfuse, Inc, Bourns, Inc., Vishay, and Chilisin. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Common-Mode Chokes Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Common-Mode Chokes Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23646

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Common-Mode Chokes Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rising demand for automotive and transportation applications
  - 3.2.1.2. Increasing number of communications applications
- 3.2.2. Restraints
  - 3.2.2.1. High levels of complexity associated with common-mode chokes
  - 3.2.2.2. High costs of common-mode chokes
- 3.2.3. Opportunities
  - 3.2.3.1. Rapidly increasing industrialization
  - 3.2.3.2. Advanced Technology adoption
- 3.2.4. Challenges
  - 3.2.4.1. Inappropriate product usage
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Common-Mode Chokes Market Overview

4.1. Market Size & Forecast, by Value, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Type
  - 4.2.1.1. Signal Line
  - 4.2.1.2. Data Line
  - 4.2.1.3. Power Line
- 4.2.2. By End User
  - 4.2.2.1. Industrial
  - 4.2.2.2. Commercial
  - 4.2.2.3. Automotive
  - 4.2.2.4. Consumer Electronics
  - 4.2.2.5. Aerospace & Defense
  - 4.2.2.6. Others
- 4.2.3. By Region
  - 4.2.3.1. North America
  - 4.2.3.2. Europe
  - 4.2.3.3. Asia Pacific (APAC)
  - 4.2.3.4. Latin America (LATAM)
  - 4.2.3.5. Middle East and Africa (MEA)

5. North America Common-Mode Chokes Market

5.1.1. Market Size & Forecast, by Value, 2019-2029
5.1.2. By Value (USD Million)

5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By End User
- 5.2.3. By Country
  - 5.2.3.1. United States
  - 5.2.3.1.1. By Type
  - 5.2.3.1.2. By End User
  - 5.2.3.2. Canada
  - 5.2.3.2.1. By Type
  - 5.2.3.2.2. By End User

6. Europe Common-Mode Chokes Market

6.1. Market Size & Forecast, by Value, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By End User
- 6.2.3. By Country
  - 6.2.3.1. Germany
  - 6.2.3.1.1. By Type
  - 6.2.3.1.2. By End User
  - 6.2.3.2. United Kingdom
  - 6.2.3.2.1. By Type
  - 6.2.3.2.2. By End User
  - 6.2.3.3. Italy
  - 6.2.3.3.1. By Type
  - 6.2.3.3.2. By End User
  - 6.2.3.4. France
  - 6.2.3.4.1. By Type
  - 6.2.3.4.2. By End User
  - 6.2.3.5. Spain
  - 6.2.3.5.1. By Type
  - 6.2.3.5.2. By End User
  - 6.2.3.6. Belgium
  - 6.2.3.6.1. By Type
  - 6.2.3.6.2. By End User
  - 6.2.3.7. Russia
  - 6.2.3.7.1. By Type
  - 6.2.3.7.2. By End User
  - 6.2.3.8. The Netherlands
  - 6.2.3.8.1. By Type
  - 6.2.3.8.2. By End User
  - 6.2.3.9. Rest of Europe
  - 6.2.3.9.1. By Type
  - 6.2.3.9.2. By End User

7. Asia-Pacific Common-Mode Chokes Market

7.1. Market Size & Forecast, by Value, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By End User
- 7.2.3. By Country
  - 7.2.3.1. China
  - 7.2.3.1.1. By Type
  - 7.2.3.1.2. By End User
  - 7.2.3.2. India
  - 7.2.3.2.1. By Type
  - 7.2.3.2.2. By End User
  - 7.2.3.3. Japan
  - 7.2.3.3.1. By Type
  - 7.2.3.3.2. By End User
  - 7.2.3.4. South Korea
  - 7.2.3.4.1. By Type
  - 7.2.3.4.2. By End User
  - 7.2.3.5. Australia & New Zealand
  - 7.2.3.5.1. By Type
  - 7.2.3.5.2. By End User
  - 7.2.3.6. Indonesia
  - 7.2.3.6.1. By Type
  - 7.2.3.6.2. By End User
  - 7.2.3.7. Malaysia
  - 7.2.3.7.1. By Type
  - 7.2.3.7.2. By End User
  - 7.2.3.8. Singapore
  - 7.2.3.8.1. By Type
  - 7.2.3.8.2. By End User
  - 7.2.3.9. Vietnam
  - 7.2.3.9.1. By Type
  - 7.2.3.9.2. By End User
  - 7.2.3.10. Rest of APAC
  - 7.2.3.10.1. By Type
  - 7.2.3.10.2. By End User

8. Latin America Common-Mode Chokes Market

8.1. Market Size & Forecast, by Value, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By End User
- 8.2.3. By Country
  - 8.2.3.1. Brazil
  - 8.2.3.1.1. By Type
  - 8.2.3.1.2. By End User
  - 8.2.3.2. Mexico
  - 8.2.3.2.1. By Type
  - 8.2.3.2.2. By End User
  - 8.2.3.3. Argentina
  - 8.2.3.3.1. By Type
  - 8.2.3.3.2. By End User
  - 8.2.3.4. Peru
  - 8.2.3.4.1. By Type
  - 8.2.3.4.2. By End User
  - 8.2.3.5. Rest of LATAM
  - 8.2.3.5.1. By Type
  - 8.2.3.5.2. By End User

9. Middle East & Africa Common-Mode Chokes Market

9.1. Market Size & Forecast, by Value, 2019-2029
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By End User
- 9.2.3. By Country
  - 9.2.3.1. Saudi Arabia
  - 9.2.3.1.1. By Type
  - 9.2.3.1.2. By End User
  - 9.2.3.2. UAE
  - 9.2.3.2.1. By Type
  - 9.2.3.2.2. By End User
  - 9.2.3.3. Qatar
  - 9.2.3.3.1. By Type
  - 9.2.3.3.2. By End User
  - 9.2.3.4. Kuwait
  - 9.2.3.4.1. By Type
  - 9.2.3.4.2. By End User
  - 9.2.3.4.3. By End User
  - 9.2.3.5. South Africa
  - 9.2.3.5.1. By Type
  - 9.2.3.5.2. By End User
  - 9.2.3.6. Nigeria
  - 9.2.3.6.1. By Type
  - 9.2.3.6.2. By End User
  - 9.2.3.7. Algeria
  - 9.2.3.7.1. By Type
  - 9.2.3.7.2. By End User
  - 9.2.3.8. Rest of MEA
  - 9.2.3.8.1. By Type
  - 9.2.3.8.2. By End User

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Common-Mode Chokes Company Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)

11. Impact of Covid-19 on Global Common-Mode Chokes Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12.1. YAGEO Group
12.2. Sumida
12.3. Eaton
12.4. Coilcraft
12.5. TDK Corporation
12.6. Schaffner Holding AG
12.7. Tamura Corporation
12.8. AVX Corporation
12.9. Murata Manufacturing Co., Ltd
12.10. TT Electronics PLC
12.11. Wurth Elektronik GmbH & Co. KG.
12.12. Littelfuse, Inc
12.13. Bourns, Inc.
12.14. Vishay
12.15. Chilisin
12.16. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations