PCB Transformers Market – Global Industry Analysis and Forecast (2023-2029)

Global PCB Transformers Market was valued at US$ 58.11 Bn in 2022 is expected to reach US$ 90.90 Bn by the end of 2029 at a CAGR of 6.6% from 2023 to 2029. Transformers function as current regulators to reduce or increase the voltage of alternating currents in a variety of machinery. PCB (printed circuit board) transformers are designed to work with printed circuit boards, which offer a compact and convenient way to connect electric components. The PCB transformer sits above the surface of the board, where it controls the voltage or current transitioning through the board. PCB transformers are used mainly in manufacturing processes where current regulation is needed. They're also used in computer hardware applications and consumer devices to protect them from power surges. PCB transformers can be recognized by their mounting capabilities. There are two types of PCB transformer surface mounted or through-hole mounted. Through-hole mounted transformers have connectors or pins that can pierce through the board. They are generally used in multilayered printed circuit boards. Surface-mounted transformers do not penetrate into the board itself and are therefore very compact, which makes them a popular choice for many applications.PCB Transformers MarketTo know about the Research Methodology :- Request Free Sample Report

PCB Transformers Market Dynamics:

Favorable government policies for large scale integration and attention towards renewable energy sources to drive PCB Transformers Attention towards renewable energy sources, rising modernization has led to increasing electrification especially in developing countries as a result many governments are taking initiatives to replace traditional electrification system by modern grid system which is supported by favorable government regulations for large scale integration is propelling the market growth during the forecast period. Rising implementation of smart grid technology, are expected to propel the transformer industry forward significantly. New infrastructure, as well as the need for grid infrastructure repair seems to have a strong impact on the market, and it is projected that the industry will continue to grow, fueled by sustainable energy networks and increasing customer demand for smart monitoring devices. Demand for pad-mounted transformers is fueled by the following growth in renewable energy as well as global awareness and interest in clean and green energy. Another potential opportunity for this industry is to maintain the stability of current grid infrastructure and improve grid reliability. In the coming years, the transformer market outlook is further improved by the deployment of self-sustaining power networks on a broad scale to assure a stable power supply. Increased investment in electrical infrastructure development will also have a significant and accelerated impact on overall transformers market conditions growth. However, the market may slow down by technical complexity to impede the adoption rate of PCB Transformers. The report has profiled twenty five key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analysis and report has come up with recommendations for a future hot spot in the North America. Major country’s policies about manufacturing and their impact on PCB Transformers demand are covered in the report.

PCB Transformers Market Segment Analysis

The Consumer electronics segment is expected grow at a CAGR of 6.6% during the forecast period. Based on the End User, in 2022, the Consumer electronics segment has a market share of xx percent, and it is expected to hit USD$ xx Mn by 2029. Indian appliance and consumer electronics (ACE) market reached Rs. 76,400 crore (US$ 10.93 billion) in 2022. Appliances and consumer electronics industry is expected to double to reach Rs. 1.48 lakh crore (US$ 21.18 billion) by 2029. According to the Retailers Association of India (RAI), sales of consumer electronics increased by 2% in September 2022 and 8% in October 2022, as compared with the same months in the last year. During the forecast period, the global transformer industry trends are fueled by the increasing usages and production of renewable resources, new power production projects, and ageing electrical equipment infrastructure.

Regional Insights:

North American to witness high market growth rate and is expected to grow at a CAGR of 6.6% by 2029 The North American market for PCB Transformers is expected to rise at a faster pace than the rest of the world by 2029. Dynamic growth patterns in the global real estate sector, as well as the urge for global industrialization and commercialization, are all key growth potential for the PCB transformer market value. During the forecast period, the market will be boosted by an upward trend in infrastructure development, fueled by an ever-increasing intake of large investments from both the private and public sectors. The market growth in the Asia-Pacific region is projected to rise at the fastest rates in terms of revenue. Countries like China and India. On November 11, 2022, Union Cabinet approved the Production-Linked Incentive (PLI) scheme in 10 key sectors (including electronics and white goods) to boost India’s manufacturing capabilities, exports and promote the ‘Atmanirbhar Bharat’ initiative. Growing awareness, easier access, and changing lifestyles have been the key growth drivers for the consumer market. The government of India's policies and regulatory frameworks, such as relaxation of license rules and approval of 51% Foreign Direct Investment (FDI) in multi-brand and 100% in single-brand retail, are some of the major growth drivers for the consumer market. According to the Department for Promotion of Industry and Internal Trade (DPIIT), between April 2000 to September 2022, FDI inflow in the electronics sector stood at US$ 2.94 billion. The objective of the report is to present a comprehensive analysis of the global PCB Transformers market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global PCB Transformers market dynamics, structure by analyzing the market segments and project the global PCB Transformers market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global PCB Transformers market make the report investor’s guide.

Covid-19 Impact:

A COVID-19 Impact on the global PCB Transformers market COVID-19 was an unanticipated huge disaster for the general population and global economies. In the year 2022, the entire globe came to a halt, and every industry suffered. The worldwide PCB transformer business was also harmed by supply chain disruptions and manpower shortages. As enterprises in these commercial facilities fight to maintain operational stability in the face of project delays, this sector is known to overcome its obstacles and expand significantly during the forecast period. The increased electricity consumption from the hospitality and healthcare sectors would be a major element in these conditions.

PCB Transformers Market Scope: Inquire before buying

PCB Transformers Market
Base Year 2022 Forecast Period 2023-2029
Historical Data CAGR Market Size in 2022 Market Size in 2029
2018 to 2022 6.6% US$ 58.11 Bn US$ 90.90 Bn
Segments Covered
by End users Consumer electronics Industrial Automotive & transportation Medical Telecommunication Aerospace & defense Others by Type Surface Mount PCB transformer Through Hole PCB transformer by Application Main transformer Safety transformer
Regions Covered
North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America

Key Players are:

1.Myrra 2.Block 3.RS Pro 4.Hammond 5.TE Connectivity 6.Triad Magnetics 7.RS Components 8.CoilCraft 9.Murata Manufacturing Co. 10.TDK Corporation 11.MACOM 12.Wurth Electronic Group 13.Standex Meder Electronics 14.Hammond 15.Triad Magnetics 16.Vishay 17.TT Electronics PLC 18.Other key players Frequently Asked Questions: 1. Which region has the largest share in Global PCB Transformers Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global PCB Transformers Market? Ans: The Global PCB Transformers Market is growing at a CAGR of 6.6% during forecasting period 2023-2029. 3. What is scope of the Global PCB Transformers Market report? Ans: Global PCB Transformers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global PCB Transformers Market? Ans: The important key players in the Global PCB Transformers Market are – Myrra, Block, RS Pro, Hammond, TE Connectivity, Triad Magnetics, RS Components, CoilCraft, Murata Manufacturing Co., TDK Corporation, MACOM, Wurth Electronic Group, Standex Meder Electronics, Hammond, Triad Magnetics, Vishay, TT Electronics PLC, and Other key players 5. What is the study period of this Market? Ans: The Global PCB Transformers Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global PCB Transformers Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the PCB Transformers Market 3.4. Geographical Snapshot of the PCB Transformers Market, By Manufacturer share 4. Global PCB Transformers Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global PCB Transformers Market 5. Supply Side and Demand Side Indicators 6. Global PCB Transformers Market Analysis and Forecast, 2022-2029 6.1. Global PCB Transformers Market Size & Y-o-Y Growth Analysis. 7. Global PCB Transformers Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Surface Mount PCB transformer 7.1.2. Through Hole PCB transformer 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Main transformer 7.2.2. Safety transformer 7.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 7.3.1. Consumer electronics 7.3.2. Industrial 7.3.3. Automotive & transportation 7.3.4. Medical 7.3.5. Telecommunication 7.3.6. Aerospace & defense 7.3.7. Others 8. Global PCB Transformers Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America PCB Transformers Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Surface Mount PCB transformer 9.1.2. Through Hole PCB transformer 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Main transformer 9.2.2. Safety transformer 9.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 9.3.1. Consumer electronics 9.3.2. Industrial 9.3.3. Automotive & transportation 9.3.4. Medical 9.3.5. Telecommunication 9.3.6. Aerospace & defense 9.3.7. Others 10. North America PCB Transformers Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. PCB Transformers Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 12. Canada PCB Transformers Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 13. Mexico PCB Transformers Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 14. Europe PCB Transformers Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 15. Europe PCB Transformers Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. PCB Transformers Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 17. France PCB Transformers Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 18. Germany PCB Transformers Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 19. Italy PCB Transformers Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 20. Spain PCB Transformers Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 21. Sweden PCB Transformers Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 22. CIS Countries PCB Transformers Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 23. Rest of Europe PCB Transformers Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 24. Asia Pacific PCB Transformers Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 25. Asia Pacific PCB Transformers Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China PCB Transformers Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 27. India PCB Transformers Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 28. Japan PCB Transformers Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 29. South Korea PCB Transformers Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 30. Australia PCB Transformers Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 31. ASEAN PCB Transformers Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 32. Rest of Asia Pacific PCB Transformers Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 33. Middle East Africa PCB Transformers Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 34. Middle East Africa PCB Transformers Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa PCB Transformers Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 36. GCC Countries PCB Transformers Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 37. Egypt PCB Transformers Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 38. Nigeria PCB Transformers Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 39. Rest of ME&A PCB Transformers Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 40. South America PCB Transformers Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 41. South America PCB Transformers Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil PCB Transformers Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 43. Argentina PCB Transformers Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 44. Rest of South America PCB Transformers Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End users, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global PCB Transformers Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Myrra 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. RS Pro 45.3.3. Hammond 45.3.4. TE Connectivity 45.3.5. Triad Magnetics 45.3.6. RS Components 45.3.7. CoilCraft 45.3.8. Murata Manufacturing Co. 45.3.9. TDK Corporation 45.3.10. MACOM 45.3.11. Wurth Electronic Group 45.3.12. Standex Meder Electronics 45.3.13. Hammond 45.3.14. Triad Magnetics 45.3.15. Vishay 45.3.16. TT Electronics PLC 45.3.17. Other key players 46. Primary Key Insights

About This Report

Report ID 100832
Category Engineering Equipment
Published Date July 2023
Updated Date
  • INQUIRE BEFORE BUYING