Market Overview:
The global transformer ferrite cores 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 energy and rising awareness about energy conservation. Additionally, the growing demand for consumer electronics and electric vehicles is also propelling the growth of this market. The global transformer ferrite cores market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into laminated cores and solid cores. Laminated cores are more popular than solid cores as they offer better performance in terms of current handling capacity and thermal stability. On the basis of application, it can be classified into power industry, consumer electronics, other applications (such as medical equipment), and automotive industry.
Product Definition:
A transformer ferrite core is a type of magnetic core that is used in transformers. They are made from a ceramic material and are used to increase the efficiency of the transformer.
Laminated Cores:
Laminated cores are made from thin layers of different materials, which are separated by an insulating layer. The overall structure is similar to that of a transformer ferrite core. The laminated core can be used as a substitute for the transformer ferrite core and has several advantages over it such as low cost, easy manufacturing process and high permeability among others.
Solid Cores:
Solid core transformer ferrite cores are made up of a single piece of iron or a steel sheet. These cores help in providing high permeability and low reactance at the same time, which helps in improving the power transformers efficiency. The solid core is wound around with an insulated former to make an electromagnetic coil, after that it is fitted inside a protective case and finally mounted on the proper base.
Application Insights:
The power industry segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for transformers across various applications, such as wind energy, HVAC (heating, ventilation and cooling), industrial machinery and equipment, etc. In addition, growing investments in renewable energy sources are expected to boost product demand over the next seven years.
The consumer electronics segment is anticipated to witness a significant CAGR of XX% from 2017 to 2030 owing to high product utilization in semiconductors and magnets used in speakers & headphones manufacturing. Furthermore, rapid urbanization coupled with rising income levels has led consumers toward more expensive electronic products with enhanced features such as HD (high-definition) TVs or smartwatches equipped with sensors that enable tracking of activities or sleep patterns using smartphone apps.
Regional Analysis:
Asia Pacific is anticipated to be the largest as well as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electricity in emerging economies, such as China and India. In 2016, Asia Pacific accounted for a share of more than 30% of global transformer ferrite core consumption owing to high demand from end-use industries including power industry and consumer electronics.
The growing manufacturing sector in developing countries coupled with rising investments by foreign players is expected to drive product demand further. For instance, Siemens Gamesa Corporation has announced its plan to invest around USD X million over a period of four years onshore wind energy projects in China with an aim toward becoming operational hub for offshore wind power generation across Asia Pacific region by 2020s.
North America emerged as one of the significant consumers due towards presence of major manufacturers such as General Electric; Alstom; ABB Ltd.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand for energy-efficient and high-performance electronics
- Proliferation of wireless communication technologies
- Growing popularity of electric vehicles
- Emerging applications in the medical field
Scope Of The Report
Report Attributes
Report Details
Report Title
Transformer Ferrite Cores Market Research Report
By Type
Laminated Cores, Solid Cores
By Application
Power Industry, Consumer Electronics, Other
By Companies
ABB, Siemens, Alstom, Toshiba, Mitsubishi Electric, Hitachi, Hyosung, Zaporozhtransformator PJSC, Starkstrom-Geratebau GmbH, Fuji Electric, CG, AT&M, SPX Transformer Solutions, TDK Corporation, Efacec Capital, Laird, Fair-Rite Products, Ferroxcube, TBEA, China XD Group, Tianwei Group, Wujiang Transformer
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Transformer Ferrite Cores Market Report Segments:
The global Transformer Ferrite Cores market is segmented on the basis of:
Types
Laminated Cores, Solid Cores
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
Power Industry, Consumer Electronics, Other
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:
- ABB
- Siemens
- Alstom
- Toshiba
- Mitsubishi Electric
- Hitachi
- Hyosung
- Zaporozhtransformator PJSC
- Starkstrom-Geratebau GmbH
- Fuji Electric
- CG
- AT&M
- SPX Transformer Solutions
- TDK Corporation
- Efacec Capital
- Laird
- Fair-Rite Products
- Ferroxcube
- TBEA
- China XD Group
- Tianwei Group
- Wujiang Transformer
Highlights of The Transformer Ferrite Cores 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:
- Laminated Cores
- Solid Cores
- By Application:
- Power Industry
- Consumer Electronics
- Other
- 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 Transformer Ferrite Cores 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.
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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?
Transformers are cores made of ferrite material. The cores can be used in transformers to help reduce the amount of energy that is lost during the transformation process.
Some of the major companies in the transformer ferrite cores market are ABB, Siemens, Alstom, Toshiba, Mitsubishi Electric, Hitachi, Hyosung, Zaporozhtransformator PJSC, Starkstrom-Geratebau GmbH, Fuji Electric, CG, AT&M, SPX Transformer Solutions, TDK Corporation, Efacec Capital, Laird, Fair-Rite Products, Ferroxcube, TBEA, China XD Group, Tianwei Group, Wujiang Transformer.
The transformer ferrite cores market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Transformer Ferrite Cores 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. Transformer Ferrite Cores Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Transformer Ferrite Cores Market - Supply Chain
4.5. Global Transformer Ferrite Cores Market Forecast
4.5.1. Transformer Ferrite Cores Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Transformer Ferrite Cores Market Size (000 Units) and Y-o-Y Growth
4.5.3. Transformer Ferrite Cores Market Absolute $ Opportunity
5. Global Transformer Ferrite Cores 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. Transformer Ferrite Cores Market Size and Volume Forecast by Type
5.3.1. Laminated Cores
5.3.2. Solid Cores
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Transformer Ferrite Cores 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. Transformer Ferrite Cores Market Size and Volume Forecast by Application
6.3.1. Power Industry
6.3.2. Consumer Electronics
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Transformer Ferrite Cores 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. Transformer Ferrite Cores 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 Transformer Ferrite Cores 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. Transformer Ferrite Cores 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 Transformer Ferrite Cores Demand Share Forecast, 2019-2026
9. North America Transformer Ferrite Cores 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 Transformer Ferrite Cores 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 Transformer Ferrite Cores Market Size and Volume Forecast by Application
9.4.1. Power Industry
9.4.2. Consumer Electronics
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Transformer Ferrite Cores Market Size and Volume Forecast by Type
9.7.1. Laminated Cores
9.7.2. Solid Cores
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 Transformer Ferrite Cores Demand Share Forecast, 2019-2026
10. Latin America Transformer Ferrite Cores 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 Transformer Ferrite Cores 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 Transformer Ferrite Cores Market Size and Volume Forecast by Application
10.4.1. Power Industry
10.4.2. Consumer Electronics
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Transformer Ferrite Cores Market Size and Volume Forecast by Type
10.7.1. Laminated Cores
10.7.2. Solid Cores
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 Transformer Ferrite Cores Demand Share Forecast, 2019-2026
11. Europe Transformer Ferrite Cores 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 Transformer Ferrite Cores 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 Transformer Ferrite Cores Market Size and Volume Forecast by Application
11.4.1. Power Industry
11.4.2. Consumer Electronics
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Transformer Ferrite Cores Market Size and Volume Forecast by Type
11.7.1. Laminated Cores
11.7.2. Solid Cores
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth 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 Transformer Ferrite Cores Demand Share, 2019-2026
12. Asia Pacific Transformer Ferrite Cores 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 Transformer Ferrite Cores 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 Transformer Ferrite Cores Market Size and Volume Forecast by Application
12.4.1. Power Industry
12.4.2. Consumer Electronics
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Transformer Ferrite Cores Market Size and Volume Forecast by Type
12.7.1. Laminated Cores
12.7.2. Solid Cores
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 Transformer Ferrite Cores Demand Share, 2019-2026
13. Middle East & Africa Transformer Ferrite Cores 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 Transformer Ferrite Cores 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 Transformer Ferrite Cores Market Size and Volume Forecast by Application
13.4.1. Power Industry
13.4.2. Consumer Electronics
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Transformer Ferrite Cores Market Size and Volume Forecast by Type
13.7.1. Laminated Cores
13.7.2. Solid Cores
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 Transformer Ferrite Cores Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Transformer Ferrite Cores Market: Market Share Analysis
14.2. Transformer Ferrite Cores Distributors and Customers
14.3. Transformer Ferrite Cores Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Alstom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toshiba
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubishi Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hitachi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hyosung
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zaporozhtransformator PJSC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Starkstrom-Geratebau GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fuji Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AT&M
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SPX Transformer Solutions
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TDK Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Efacec Capital
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Laird
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Fair-Rite Products
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Ferroxcube
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. TBEA
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. China XD Group
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
