Market Overview:
The global choke coils market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric vehicles and rising investments in renewable energy sources. In terms of type, the AC coils segment is expected to lead the global choke coils market during the forecast period. This can be attributed to the growing demand for air conditioners across regions.
Product Definition:
A choke coil is an inductor used to suppress or block RF signals in a circuit. Choke coils are important in preventing noise and interference from entering or exiting a circuit. They are also used to improve the performance of RF amplifiers by minimizing distortion.
AC Coils:
AC coils are used in the manufacturing of ignition coils, they are wound around a core to produce an electrical circuit. The primary function of these coils is to provide voltage amplification by increasing the current flow through them. They also have the added benefit of being able to handle high power levels and providing spark-free operation with no risk of overheating or over-current situations.
DC Coils:
DC coils are used in the manufacturing of high voltage transformers. They are wound with a large number of turns and then a small number of turns is taken out from the center to create an imbalance in electrical charge. These coils have applications in electric motors, batteries, power supplies, and other electronic devices that require high voltage.
The primary application for DC coil is as a source of direct current (DC).
Application Insights:
The electric railways segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the growing demand for electric railways across various regions, such as North America and Europe. Moreover, increasing government funding for railway infrastructure development is expected to drive the industry growth over the forecast period.
Inverters application segment is projected to witness significant growth during the study period owing to its rising use in industrial applications and residential requirements. Increasing industrialization and urbanization have led to an increased need for space-saving solutions, which has driven inverter manufacturers globally since early 2000s. Inverters are used widely across industries including oil & gas, food & beverage processing, healthcare facilities etc., which require continuous power supply without human intervention or error prone nature of mechanical systems with moving parts such as motors/rotors etc., thereby driving their demand globally over the forecast period 2018-2030 ¢â‚¬â€œ 2030 (estimated).
Regional Analysis:
Asia Pacific is expected to be the largest as well as the fastest-growing regional market over the forecast period. The growth can be attributed to rising electricity demand, especially in developing countries such as India and China. In addition, growing industrialization and adoption of renewable energy sources are also anticipated to drive product demand in this region.
The Europe market was valued at USD X million in 2017 owing to high product utilization across several industries including HVAC & refrigeration and electric railways sectors due to cold weather conditions necessitating use of choke coils for heating equipment or batteries used for electric rail vehicles’ power source etc., thereby driving overall industry growth over the forecast period.
Growth Factors:
- Increasing demand for choke coils in automotive and telecommunication industries
- Rising popularity of choke coils in renewable energy sector
- Growing demand for miniaturized choke coils
- Technological advancements in the manufacturing of choke coils
- Rising adoption of choke coils in power electronics applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Choke Coils Market Research Report
By Type
AC Coils, DC Coils
By Application
Air Conditioners, Inverters, Electric Railways, Others
By Companies
SUMIDA, Elytone Electronics, Kohshin Electric Corporation, TDK, Murata Manufacturing, SEIWA ELECTRIC MFG, Ozeki CO., LTD., TOHO ZINC Group, Schaffner, Glow Will Inc., Hitachi Metals, Tabuchi Electric, Tokin Corporation, KEMET, TAIYO YUDEN CO.,LTD.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Choke Coils Market Report Segments:
The global Choke Coils market is segmented on the basis of:
Types
AC Coils, DC Coils
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Air Conditioners, Inverters, Electric Railways, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SUMIDA
- Elytone Electronics
- Kohshin Electric Corporation
- TDK
- Murata Manufacturing
- SEIWA ELECTRIC MFG
- Ozeki CO., LTD.
- TOHO ZINC Group
- Schaffner
- Glow Will Inc.
- Hitachi Metals
- Tabuchi Electric
- Tokin Corporation
- KEMET
- TAIYO YUDEN CO.,LTD.
Highlights of The Choke Coils Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AC Coils
- DC Coils
- By Application:
- Air Conditioners
- Inverters
- Electric Railways
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Choke Coils Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Choke coils are a type of coil used in electric guitars to control the volume and tone of the instrument. They are made from a number of different materials, including copper, aluminum, and steel. The coil is wrapped around a core made from an alloy such as iron or nickel-steel. When current is passed through the coil, it creates a magnetic field that affects the sound waves produced by the guitar strings.
Some of the major companies in the choke coils market are SUMIDA, Elytone Electronics, Kohshin Electric Corporation, TDK, Murata Manufacturing, SEIWA ELECTRIC MFG, Ozeki CO., LTD., TOHO ZINC Group, Schaffner, Glow Will Inc., Hitachi Metals, Tabuchi Electric, Tokin Corporation, KEMET, TAIYO YUDEN CO.,LTD..
The choke coils market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Choke Coils Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Choke Coils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Choke Coils Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Choke Coils Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Choke Coils Market Size & Forecast, 2018-2028
4.5.1 Choke Coils Market Size and Y-o-Y Growth
4.5.2 Choke Coils Market Absolute $ Opportunity
Chapter 5 Global Choke Coils Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Choke Coils Market Size Forecast by Type
5.2.1 AC Coils
5.2.2 DC Coils
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Choke Coils Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Choke Coils Market Size Forecast by Applications
6.2.1 Air Conditioners
6.2.2 Inverters
6.2.3 Electric Railways
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Choke Coils Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Choke Coils Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Choke Coils Analysis and Forecast
9.1 Introduction
9.2 North America Choke Coils Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Choke Coils Market Size Forecast by Type
9.6.1 AC Coils
9.6.2 DC Coils
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Choke Coils Market Size Forecast by Applications
9.10.1 Air Conditioners
9.10.2 Inverters
9.10.3 Electric Railways
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Choke Coils Analysis and Forecast
10.1 Introduction
10.2 Europe Choke Coils Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Choke Coils Market Size Forecast by Type
10.6.1 AC Coils
10.6.2 DC Coils
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Choke Coils Market Size Forecast by Applications
10.10.1 Air Conditioners
10.10.2 Inverters
10.10.3 Electric Railways
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Choke Coils Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Choke Coils Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Choke Coils Market Size Forecast by Type
11.6.1 AC Coils
11.6.2 DC Coils
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Choke Coils Market Size Forecast by Applications
11.10.1 Air Conditioners
11.10.2 Inverters
11.10.3 Electric Railways
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Choke Coils Analysis and Forecast
12.1 Introduction
12.2 Latin America Choke Coils Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Choke Coils Market Size Forecast by Type
12.6.1 AC Coils
12.6.2 DC Coils
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Choke Coils Market Size Forecast by Applications
12.10.1 Air Conditioners
12.10.2 Inverters
12.10.3 Electric Railways
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Choke Coils Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Choke Coils Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Choke Coils Market Size Forecast by Type
13.6.1 AC Coils
13.6.2 DC Coils
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Choke Coils Market Size Forecast by Applications
13.10.1 Air Conditioners
13.10.2 Inverters
13.10.3 Electric Railways
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Choke Coils Market: Competitive Dashboard
14.2 Global Choke Coils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SUMIDA
14.3.2 Elytone Electronics
14.3.3 Kohshin Electric Corporation
14.3.4 TDK
14.3.5 Murata Manufacturing
14.3.6 SEIWA ELECTRIC MFG
14.3.7 Ozeki CO., LTD.
14.3.8 TOHO ZINC Group
14.3.9 Schaffner
14.3.10 Glow Will Inc.
14.3.11 Hitachi Metals
14.3.12 Tabuchi Electric
14.3.13 Tokin Corporation
14.3.14 KEMET
14.3.15 TAIYO YUDEN CO.,LTD.
