Planar Magnetics Market size was valued at USD 2.5 Billion in 2024 and is projected to reach USD 4.1 Billion by 2033, exhibiting a CAGR of 6.5% from 2026 to 2033.
The Planar Magnetics Market was valued at approximately USD 1.35 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2030. This growth is driven by the increasing demand for high efficiency power systems, smaller and more efficient electronic components, and advanced audio devices. Planar magnetics are widely used in applications such as power electronics, transformers, inductors, and audio equipment, which is fueling the markets expansion. With the growing adoption of electric vehicles and renewable energy systems, the demand for planar magnetics is expected to rise further. By 2030, the market is expected to reach an estimated USD 3.1 billion.
Regionally, the North American and European markets are expected to dominate the Planar Magnetics Market in terms of revenue share, owing to advanced technological innovations and high demand for efficient power systems in these regions. The Asia Pacific region is anticipated to experience the fastest growth during the forecast period, with increasing manufacturing activities and the rising adoption of consumer electronics and renewable energy solutions. The Latin American and Middle Eastern markets, while smaller in size, are witnessing steady growth due to the expanding industrialization and investments in sustainable energy technologies. This regional diversification provides ample opportunities for market players to expand their footprint and innovate in response to regional demands.
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Payton Group
Standex Electronics
Vishay
Delta Electronics
Sunlord
Coilcraft
ECI
iNRCORE
Cramer Magnetics
Wurth Elektronik
Mentech CORPORATION
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. 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.
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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
US (United States, US 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)
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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
US
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
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