Coil Former Market: Worldwide Industry Analysis and New Market Opportunities Explored

Coil formers are the components which are being found in the transformer which is an electrical device that mainly transfers the energy in between two or more circuits. Coil formers are usually used in the transformers or as the reactors in the switch-mode power supplies. Transformers are used for the purpose of bringing voltage up or down in an alternative current electrical circuit. Both the transformers & the switch-mode power supplies can be used for the purpose of converting mains AC power to the DC power. There are transformers in every individual’s house. The transformers are inside chargers that are being used to charge the mobile phone & other types of personal computing devices like desktop or laptop. They’re also being found in the loudspeakers & microphones. The growth of coil former market is highly reliant on the growth of electrical equipment and consumer electronics market globally.

For the purpose of doing in depth analysis, the coil former market has been segmented on the basis of material, number of pins, application and geography. Based on the material, the coil former market has been segmented into four segments they are GFR Polyterephthalate, GFR Thermosetting Plastic, Rynite FR530 and GFR Liquid Crystal Polymer. Based on the number of pins the coil former market has been segmented into categories like 24, 12, 10, 13, 18 and 8 pins. Various types of applications of coil former include application in energy & power industry, consumer electronics, inverter and UPS and electric vehicle. Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and Latin America.

Increasing demand of coil former in power electronics applications like power supply, transformer and printed circuit board are major growth driver for the coil former market. Coil formers are typically made with an insulating material, like thermosetting plastic, & are resistant to soldering & soldering heat, this is also one of the key factor anticipated to catalyze the growing demand of coil former during the forecast period from 2018 to 2026. In addition, greater power gain by coil former over the standard bipolar transistor coupled with higher voltage operation and lower input losses is also anticipated to increase the demand of coil former in the upcoming years. In turn this is also projected to affect the market of coil former in a positive manner during the forecast period.

In spite of many driving factors, the coil former market is expected to show a shrink and fluctuation in growth rate because of the problems at the transformer because of the contamination with the tin oxide from the burned installation or tin bath from the wire. The growing demand for small snubber circuitry requirement & high input impedance is going to create significant opportunity for coil former market in the coming years. Apart from that the growth of usage of coil former in voltage controlled device depending on horizontal or vertical mount is also acting as an opportunity factor for the coil former market in the forecast period from 2018-2026.

By material, the GFR Polyterephthalate segment is expected to capture largest market share in the forecast period. Rapid growth in the adoption of coil former in smart grid operation along with the higher voltage demand in advance applications in consumer electronics and automotive industry makes it the most appropriate choice for various end user applications.

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Geographically, the global coil former market is mainly driven by Asia Pacific region. Growing demand of improved power conduction and the continuously increasing usage of intelligent electronic devices is driving the market of Asia Pacific region. Some of the leading players operating in the coil former market includes RS Components (SA), RTP Company, Infantron Singapore, Benaka Electronics among others.

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