Market Overview:
The global electric 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 coils in automobiles, military, aerospace and other applications. The DC coils segment is expected to dominate the global electric coils market during the forecast period owing to its growing demand from various end-use industries. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising demand for electric coils from automotive and other end-use industries.
Product Definition:
Electric coils are loops of wire that are used to create electrical current. They are often used in motors, generators, and other devices that require electricity.
DC Coils:
DC coils, also known as electric coils or electromagnets, are used in various applications such as radio frequency identification (RFID), electronic warfare systems, communication systems and particle physics. DC coil is wound with high electrical resistance around a magnetic core. It produces an electromagnetic field around the coil itself which can be used to generate electricity by using it in an electric circuit.
AF Coils:
AF coils are used in electric coils to produce magnetic flux and convert electrical energy into mechanical work. AF coil is wound with insulated wire of high permeability material such as soft iron or copper. The primary winding is done on the base layer of the coil, while secondaries are placed at regular intervals along the length of the coil.
Application Insights:
The automotive segment accounted for the largest revenue share of over 50% in 2017. The growing demand for electric vehicles is expected to augment product demand in this application segment over the forecast period. Moreover, increasing government funding and incentives to promote the adoption of electric vehicles are further anticipated to boost market growth over the coming years.
The aerospace and military applications are projected to witness significant growth owing to increased spending on advanced weapons systems by governments around the world. In addition, rapid advancements in technology coupled with extensive R&D activities by major players such as Siemens AG, ABB Ltd., Mitsubishi Electric Corporation and others are expected fuel market growth during this period.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, South Korea and Japan. Rapid industrialization coupled with increasing government spending on defense & military activities has resulted in growing demand for electric coils across various applications in Asia Pacific.
North America accounted for a significant market share owing to high demand from end-use industries such as aerospace & defense and medical devices. In addition, rising investments by governments towards research & development are likely to drive industry growth over the coming years. For instance; U.S Department of Energy (DOE) has funded more than USD X million till 2016 under energy Efficiency Improvement Program (EEIP).
Growth Factors:
- Increasing demand for electric vehicles
- Rising demand from the construction sector
- Growing popularity of smart homes and buildings
- Proliferation of internet-of-things (IoT) devices
- Increasing demand from the heating, ventilation, and air conditioning (HVAC) industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Coils Market Research Report
By Type
DC Coils, AF Coils, RF Coils
By Application
Automobile, Military, Aerospace, Others
By Companies
Sag Harbour Industries, Classic Coil Company, Quality Coils, Johnson Electric Coil Company, PolyTech Coil Winding, South Haven Coil, Able Coil & Electronics Company, APW Company, Badger Magnetics, Torelco, Coilcraft
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Electric Coils Market Report Segments:
The global Electric Coils market is segmented on the basis of:
Types
DC Coils, AF Coils, RF 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
Automobile, Military, Aerospace, 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:
- Sag Harbour Industries
- Classic Coil Company
- Quality Coils
- Johnson Electric Coil Company
- PolyTech Coil Winding
- South Haven Coil
- Able Coil & Electronics Company
- APW Company
- Badger Magnetics
- Torelco
- Coilcraft
Highlights of The Electric 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:
- DC Coils
- AF Coils
- RF Coils
- By Application:
- Automobile
- Military
- Aerospace
- 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 Electric 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?
Electric coils are a type of electrical component that generate an electric current. Electric coils are used in a variety of applications, including power generation, telecommunications, and medical devices.
Some of the major companies in the electric coils market are Sag Harbour Industries, Classic Coil Company, Quality Coils, Johnson Electric Coil Company, PolyTech Coil Winding, South Haven Coil, Able Coil & Electronics Company, APW Company, Badger Magnetics, Torelco, Coilcraft.
The electric coils market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric 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 Electric Coils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric 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 Electric 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 Electric Coils Market Size & Forecast, 2018-2028
4.5.1 Electric Coils Market Size and Y-o-Y Growth
4.5.2 Electric Coils Market Absolute $ Opportunity
Chapter 5 Global Electric 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 Electric Coils Market Size Forecast by Type
5.2.1 DC Coils
5.2.2 AF Coils
5.2.3 RF Coils
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric 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 Electric Coils Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Military
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric 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 Electric 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 Electric Coils Analysis and Forecast
9.1 Introduction
9.2 North America Electric 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 Electric Coils Market Size Forecast by Type
9.6.1 DC Coils
9.6.2 AF Coils
9.6.3 RF 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 Electric Coils Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Military
9.10.3 Aerospace
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 Electric Coils Analysis and Forecast
10.1 Introduction
10.2 Europe Electric 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 Electric Coils Market Size Forecast by Type
10.6.1 DC Coils
10.6.2 AF Coils
10.6.3 RF 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 Electric Coils Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Military
10.10.3 Aerospace
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 Electric Coils Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric 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 Electric Coils Market Size Forecast by Type
11.6.1 DC Coils
11.6.2 AF Coils
11.6.3 RF 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 Electric Coils Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Military
11.10.3 Aerospace
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 Electric Coils Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric 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 Electric Coils Market Size Forecast by Type
12.6.1 DC Coils
12.6.2 AF Coils
12.6.3 RF 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 Electric Coils Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Military
12.10.3 Aerospace
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) Electric Coils Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric 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) Electric Coils Market Size Forecast by Type
13.6.1 DC Coils
13.6.2 AF Coils
13.6.3 RF 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) Electric Coils Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Military
13.10.3 Aerospace
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 Electric Coils Market: Competitive Dashboard
14.2 Global Electric Coils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sag Harbour Industries
14.3.2 Classic Coil Company
14.3.3 Quality Coils
14.3.4 Johnson Electric Coil Company
14.3.5 PolyTech Coil Winding
14.3.6 South Haven Coil
14.3.7 Able Coil & Electronics Company
14.3.8 APW Company
14.3.9 Badger Magnetics
14.3.10 Torelco
14.3.11 Coilcraft
