Us Planar Magnetics Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Planar Magnetics Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.7% from 2024 to 2030.
The United States planar magnetics market is experiencing significant growth, driven by advancements in technology and increasing demand across various industries. Planar magnetics, including transformers and inductors, are essential components in modern electronic systems, offering compact design and high efficiency.
Recent developments highlight the market's expansion. Noveon Magnetics Inc., a San Marcos-based company, secured a contract to supply 1,000 tons of rare-earth magnets to Nidec Motor Corp. over the next five years. This partnership emphasizes the importance of establishing a robust domestic manufacturing base for critical components.
Standex Electronics has also enhanced its position in the market by acquiring the planar magnetics business of Planar Quality Corporation. This acquisition broadens Standex's product offerings, enabling them to provide innovative solutions across aerospace, medical, defense, communications, industrial, and automotive sectors.
The global planar magnetics market was valued at approximately USD 206.10 million in 2023 and is projected to reach USD 475.93 million by 2030, with a compound annual growth rate (CAGR) of 12.70%. North America's market size was USD 53.70 million in 2023, growing at a CAGR of 10.89% during the forecast period. This growth is attributed to the increasing adoption of planar transformers and inductors in high-frequency applications, data centers, telecommunications, and electric vehicles.
Despite the positive outlook, the market faces challenges. High initial costs associated with planar magnetic components and the lack of standardized testing procedures can hinder adoption. Additionally, technological limitations in design and integration pose obstacles for manufacturers.
Opportunities abound in the renewable energy sector, where efficient power inverters and converters are in demand. Planar magnetics offer enhanced performance and reliability, making them ideal for solar and wind power systems. The automotive industry's shift towards electric and hybrid vehicles further amplifies the need for compact, high-efficiency power solutions, positioning planar magnetics as a critical component in this evolution.
In my experience working with planar magnetics, I've observed their transformative impact on power electronics design. Their compact size and efficiency have enabled the development of smaller, more reliable devices, particularly in high-frequency applications. However, careful consideration of design complexities and cost factors is essential to fully leverage their benefits.
As the market continues to evolve, companies that invest in innovation and address existing challenges are poised to capitalize on the growing demand for planar magnetics in the United States.
Get an In-Depth Research Analysis of the Global Planar Magnetics Market Size And Forecast [2025-2032]
Â
Payton Group
Standex Electronics
Vishay
Delta Electronics
Sunlord
Coilcraft
ECI
iNRCORE
Cramer Magnetics
Wurth Elektronik
Mentech CORPORATION
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Planar Magnetics Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Planar Magnetics Market
Planar Transformers
Planar Inductors
Planar Coils
Planar Chokes
Consumer Electronics
Telecommunications
Automotive Electronics
Industrial Applications
Medical Devices
Ferrite
Silicon Steel
Amorphous Steel
Composite Materials
Low Frequency (up to 1 MHz)
Medium Frequency (1 MHz - 10 MHz)
High Frequency (above 10 MHz)
Single-Sided Planar Design
Double-Sided Planar Design
Multilayer Planar Design
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Planar Magnetics Market Research Analysis
1. Introduction of the Global Planar Magnetics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Planar Magnetics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Planar Magnetics Market, By Type
6. Global Planar Magnetics Market, By Application
7. Global Planar Magnetics Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Planar Magnetics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/