Market Overview:
The global honeycomb coil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for honeycomb coils from the electronics industry and aerospace sector. Additionally, rising demand for miniaturized and lightweight components is also propelling the growth of this market. However, volatility in prices of raw materials used in manufacturing honeycomb coils may restrain the growth of this market to some extent during the forecast period. On basis of type, oscillating coil segment is expected to account for majority share in global honeycomb coil market during forecast period owing to its high performance characteristics and ability to withstand extreme conditions.
Product Definition:
A honeycomb coil is a type of induction heating element that uses a series of interconnected, flat metal plates to create an evenly spaced array of small heating coils. This design helps to distribute heat more evenly than traditional coil elements, making it ideal for applications that require consistent heat distribution. Honeycomb coils are often used in baking applications, where even heat distribution is critical for producing consistent results.
Oscillating Coil:
Oscillating coil is a device that generates an electromagnetic field within it. It is used in applications such as sound damping, vibration control, and anti-static packaging for electronic devices. The growing electronics industry across the globe has led to increase demand for oscillating coils in recent years. Honeycomb coil market is expected to witness significant growth over the forecast period on account of increasing application scope of oscillating coils in various end-use industries including medical & healthcare and consumer electronics among others.
Deflection Coil:
Deflection coil is a device used to correct for the variations in the magnetic field caused by currents that flow through the honeycomb. The primary reason for using deflection coils is to keep the current flowing through each cell of a honeycomb at approximately equal levels.
The second major application of this product is in transformers where it helps in maintaining uniformity and high efficiency of flux throughout its length, which ensures better performance and longer life span.
Application Insights:
Electronics industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Honeycomb coil offers several advantages including high thermal resistance, excellent electric insulation, low dielectric constant and good moisture barrier properties which are likely to propel its demand in electronics industry.
The aerospace sector is also anticipated to witness considerable growth owing to honeycomb¢â‚¬â„¢s superior characteristics such as lightweight, high strength-to-weight ratio and excellent surface finish. These coils provide better performance at a lower cost which will further boost their demand in this application segment over the forecast period.
Other applications include energy storage & renewable energy generation where honeycomb coiled provides an advantage of long life span with low maintenance cost which will drive its demand from these sectors significantly over the next eight years.
Regional Analysis:
North America honeycomb coil market is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for electronics in the region, which has led to an increased use of honeycomb structures in this industry. In addition, aerospace and defense sector are also contributing significantly towards regional growth owing to rising military spending by countries such as China and India. These factors are expected to drive product demand over the next eight years.
Asia Pacific is anticipated to witness substantial growth during the forecast period owing its large electronics manufacturing base in China and Taiwan along with presence of numerous other manufacturers across South Korea, Japan, India among others. Honeycombs used for manufacturing semiconductor devices such as transistors have grown considerably popular due their miniaturization benefits when compared with printed circuit boards (PCBs).
Growth Factors:
- Increasing demand for honeycomb coils in the automotive industry for air conditioning and engine cooling applications
- Growing demand from the construction sector for HVAC systems
- Rising popularity of honeycomb coils in renewable energy systems, such as solar and wind power installations
- Increasing use of honeycomb coils in consumer electronics products, such as refrigerators, freezers, and air conditioners
- Technological advancements that improve the performance and efficiency of honeycomb coils
Scope Of The Report
Report Attributes
Report Details
Report Title
Honeycomb Coil Market Research Report
By Type
Oscillating Coil, Deflection Coil, Others
By Application
Electronics Industry, Aerospace, Others
By Companies
Delta Electronics, TOKO, Panasonic, Pulse Electronics, Sumida Corporation, BI Technologies
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Honeycomb Coil Market Report Segments:
The global Honeycomb Coil market is segmented on the basis of:
Types
Oscillating Coil, Deflection Coil, Others
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
Electronics Industry, 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:
- Delta Electronics
- TOKO
- Panasonic
- Pulse Electronics
- Sumida Corporation
- BI Technologies
Highlights of The Honeycomb Coil 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:
- Oscillating Coil
- Deflection Coil
- Others
- By Application:
- Electronics Industry
- 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 Honeycomb Coil 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?
Honeycomb Coil is a type of coil that is used in electronic cigarettes. It has a honeycomb-like structure and it helps to improve the performance of the e-cigarette.
Some of the major companies in the honeycomb coil market are Delta Electronics, TOKO, Panasonic, Pulse Electronics, Sumida Corporation, BI Technologies.
The honeycomb coil market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Honeycomb Coil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Honeycomb Coil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Honeycomb Coil Market - Supply Chain
4.5. Global Honeycomb Coil Market Forecast
4.5.1. Honeycomb Coil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Honeycomb Coil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Honeycomb Coil Market Absolute $ Opportunity
5. Global Honeycomb Coil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Honeycomb Coil Market Size and Volume Forecast by Type
5.3.1. Oscillating Coil
5.3.2. Deflection Coil
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Honeycomb Coil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Honeycomb Coil Market Size and Volume Forecast by Application
6.3.1. Electronics Industry
6.3.2. Aerospace
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Honeycomb Coil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Honeycomb Coil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Honeycomb Coil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Honeycomb Coil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Honeycomb Coil Demand Share Forecast, 2019-2026
9. North America Honeycomb Coil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Honeycomb Coil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Honeycomb Coil Market Size and Volume Forecast by Application
9.4.1. Electronics Industry
9.4.2. Aerospace
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Honeycomb Coil Market Size and Volume Forecast by Type
9.7.1. Oscillating Coil
9.7.2. Deflection Coil
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Honeycomb Coil Demand Share Forecast, 2019-2026
10. Latin America Honeycomb Coil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Honeycomb Coil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Honeycomb Coil Market Size and Volume Forecast by Application
10.4.1. Electronics Industry
10.4.2. Aerospace
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Honeycomb Coil Market Size and Volume Forecast by Type
10.7.1. Oscillating Coil
10.7.2. Deflection Coil
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Honeycomb Coil Demand Share Forecast, 2019-2026
11. Europe Honeycomb Coil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Honeycomb Coil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Honeycomb Coil Market Size and Volume Forecast by Application
11.4.1. Electronics Industry
11.4.2. Aerospace
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Honeycomb Coil Market Size and Volume Forecast by Type
11.7.1. Oscillating Coil
11.7.2. Deflection Coil
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Honeycomb Coil Demand Share, 2019-2026
12. Asia Pacific Honeycomb Coil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Honeycomb Coil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Honeycomb Coil Market Size and Volume Forecast by Application
12.4.1. Electronics Industry
12.4.2. Aerospace
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Honeycomb Coil Market Size and Volume Forecast by Type
12.7.1. Oscillating Coil
12.7.2. Deflection Coil
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Honeycomb Coil Demand Share, 2019-2026
13. Middle East & Africa Honeycomb Coil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Honeycomb Coil Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Honeycomb Coil Market Size and Volume Forecast by Application
13.4.1. Electronics Industry
13.4.2. Aerospace
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Honeycomb Coil Market Size and Volume Forecast by Type
13.7.1. Oscillating Coil
13.7.2. Deflection Coil
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Honeycomb Coil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Honeycomb Coil Market: Market Share Analysis
14.2. Honeycomb Coil Distributors and Customers
14.3. Honeycomb Coil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Delta Electronics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TOKO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Panasonic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pulse Electronics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sumida Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BI Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
