According to a new report, published by KBV research, The Global Common-mode Chokes Market size is expected to reach $831.8 million by 2028, rising at a market growth of 4.9% CAGR during the forecast period.
The Consumer Electronics market acquired the maximum revenue share in the Global Common-mode Chokes Market by Vertical in 2021, thereby, achieving a market value of $272.8 Million by 2028. Common-mode chokes may be found in a variety of applications within the consumer electronics sector, including LCD (liquid-crystal display) panels, USB drives, power cables, computers, laptops, television sets, monitors, and so on. Common-mode choke manufacturers could anticipate growth prospects thanks to developments in sensor technology and an increased emphasis on the downsizing of electronic components incorporated into consumer electronics and other items for the home.
The Data Line market is showcasing a CAGR of 5.1% during (2022 - 2028). Data Line, A wide variety of common-mode filters with an SMT architecture are included in the category of common-mode chokes. Chokes can function in multiple inductances ranging from kHz up to GHz, and they come in both bifilar and sectional winding types. This allows them to handle a wide variety of applications.
The Asia Pacific market dominated the Global Common-mode Chokes Market by Region in 2021, thereby, achieving a market value of $324.6 Million by 2028. The Europe market is poised to grow a CAGR of 4.7% during (2022 - 2028). Additionally, The North America market would grow a CAGR of 4.3% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/common-mode-chokes-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Eaton Corporation PLC, Schaffner Holding AG, TDK Corporation, Yageo Corporation, Murata Manufacturing Co., Ltd., Littelfuse, Inc., Bourns, Inc., TT Electronics PLC, SCHURTER Holding AG, and Würth Elektronik GmbH & Co. KG.
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