According to a market report by Lucintel, the future of the global choke inductor market looks promising with opportunities in the electronic, automobile, and scientific research markets. The global choke inductor market is expected to reach an estimated $2.3 billion by 2030 from $1.7 billion in 2023, at a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are rising utilization of chokes to filter radio frequencies, increasing adoption of these inductors to maintain AC voltages, and significant increase in demand for choke inductors across various applications.
A more than 150-page report to understand trends, opportunity and forecast in choke inductor market to 2030 by product (self-inductor and mutual inductor), application (electronics industry, automobile industry, scientific research, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that mutual inductor is expected to witness higher growth over the forecast period.
Within this market, electronics industry will remain the largest segment.
Asia Pacific is expected to witness highest growth over the forecast period.
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Kyocera AVX Components Corporation, Caddell-Burns, Chilisin, Datatronic, Delta Electronics, Houston Transformer Company, Murata Manufacturing Company, TOKO, Panasonic Corporation, Pulse Electronics are the major suppliers in the choke inductor market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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