Global Flyback Transformer Market Size to grow USD 8.4 Bn in 2028.
The Global Flyback Transformer Market Size was valued at USD 4.9 Bn in 2021. The market is projected to grow USD 8.4 Bn in 2028, at a CAGR of 12.6%.
The Global Flyback Transformer Market Size was valued at USD 4.9 Bn in 2021. The market is projected to grow USD 8.4 Bn in 2028, at a CAGR of 12.6%. Flyback transformer is commonly referred to as the line output transformer (LOPT). It's recognized for creating high-voltage, high-frequency transmissions. In the 10-35kV range, these transformers are utilized to power televisions and CRT monitors. An inductor with a centre core where energy is stored is known as a flyback transformer.
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The industry is expected to rise because to factors such as the requirement for several bands in Long-Term Evolution (LTE) and the increased use of compact and low-cost transformers in smartphones. Furthermore, the use of transformer in RADAR systems improves the overall market for flyback transformer. The high power consumption of transformer, on the other hand, is a major limitation on global market expansion. On the other hand, the transformer market is predicted to benefit from the continuing increase in the number of subscribers and new application areas of wireless technologies. The demand for numerous bands in Long-Term Evolution (LTE) and the increased use of compact and low-cost transformers in smartphones are expected to drive the global flyback transformer market. Furthermore, the use of flyback transformer in RADAR systems accelerates market expansion. The high power consumption of transformer, on the other hand, is a major limitation on global market expansion. On the other hand, the market for flyback transformer is likely to benefit from a steady increase in the number of subscribers and new application areas for wireless technologies.
The COVID-19 outbreak has had a significant impact on the electronics and semiconductor industries. Due to an increase in the number of COVID-19 cases, business and manufacturing units in various countries have been closed, and they are expected to remain closed in 2021. Furthermore, the worldwide supply chain has been affected by partial or complete lockdown, making it difficult for manufacturers to contact customers. The COVID-19 pandemic is wreaking havoc on society and the global economy. The impact of this pandemic is expanding by the day, and it is harming worldwide business. The crisis is causing stock market uncertainty, which is leading to a drop in corporate confidence, a major slowdown in supply chains, and an increase in panic among customer segments.
The 250 KHz to 500 KHz segment has dominated the market share of the global flyback transformer market in 2020 owing to the growing applications in different devices such as radars, sensors, satellites, radios, and wireless devices. Surface acoustic wave transformers with a frequency range of 250-500 KHz are used as isolated parts or integrated with other components to provide superior filtering capabilities while also being compatible with non-cellular wireless technologies like Wi-Fi, Bluetooth, and GPS. The television held the largest market share in 2020 of the global flyback transformer market. Increasing disposable income and growing demand of advanced television is creating the demand of the global flyback transformer market. The consumer electronics is dominated the market share in 2020 owing to because it is the most often utilized topology in switch mode power supply for small power supply applications, flyback transformers are becoming more popular in consumer electronics. Because of its low power losses, switch mode power supplies have a significant benefit in terms of efficiency.
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North America region is dominating the market share of global flyback transformer market owing to the vehicle industry's safety-related regulation, there has been a growth in the use of these sensors in numerous applications. Many businesses are projected to benefit from these sensors as technical improvements in the North American region accelerate. The increased use of these sensors in many applications such as Industrial, aerospace, healthcare, consumer electronics, and the industrial sector has resulted in a significant increase in demand for these sensors. However, Asia Pacific region is anticipated to grow over the forecasted years owing to the growing number of telecommunications and consumer electronics companies have manufacturing facilities in this region. The availability of low-cost labor and raw materials has prompted these manufacturers to establish manufacturing facilities in Asia Pacific, which has resulted in growing demand for flyback transformer market in the region, which is projected to continue in the coming years. Until now, the Asia Pacific market for flyback transformer was dominated by China, Taiwan, and Japan. However, due to the increased usage of technology, India is anticipated to grow at a higher rate during the forecast period.
KEY INDUSTRY DEVELOPMENTS:
October 2020- TDK Electronics released a series of switching power supply stations that are aimed at 5G infrastructure applications such as base stations, repeaters, and networking. These transformers, which operate in the 1,000–1,600 KHz frequency range, are meant to cover a large frequency band and cater to telecommunication spectrum design.
July 2019- Kormag UK has developed and started volume production of the world's smallest flyback converters to enhance smartphone functionality and denser circuit design.
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