Isolation Transformers held the Largest Share of the Toroidal Power Transformers Market in 2021
According to Custom Market Insights (CMI), the Global Toroidal Power Transformers Market size was estimated at USD 310 Million in 2021 and is expected to hit around USD 450 Million by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030.
Our research report offers a 360-degree view of the Toroidal Power Transformers market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Toroidal Power Transformers market.
Toroidal Power Transformers Market: Overview
Transformers with toroidal (doughnut or ring) magnetic cores are known as toroidal transformers. A wire is twisted around a doughnut-shaped or circular ring core made of ferromagnetic materials like iron powder, ferrite, or laminated iron. These cores are electrically passive parts. Compared to conventional shell & core-type transformers, toroidal transformers offer greater efficiency, design flexibility, and compact design. Due to their superior electrical performance and symmetry, toroidal-shaped cores are used much more frequently. Additionally, this restricts the ability of magnetic flux to leave the core.
The operation of a toroidal transformer is similar to that of an iron core transformer. The toroidal transformers are put together over a ring-shaped core manufactured from a long strip of silicon steel, permalloy, or ferrite twisted into a coil, depending on the frequency. The strip construction ensures that all grain boundaries are pointed in the best direction. This aids in lowering core reluctance, increasing the transformer’s effectiveness.
The ring form of the core eliminates the built-in air gaps that are present in the manufacturing of EI-shaped cores. The primary and secondary coils are concentrically twisted to cover the whole surface of the core. This reduces the length of wire required and also provides screening to stop electromagnetic interference from being produced by the magnetic field of the core. At frequencies up to a few tens of kilohertz, ferrite cores are employed to cut losses, especially in switch-mode power supply.
Browse the full “Toroidal Power Transformers Market Size, Trends and Insights By Product Type (Audio Transformers, Mains Transformers, Power Transformers, Matching Transformers, Isolation Transformers), By Rating (Above 3000VA, 1000VA – 3000VA, 250VA – 1000VA, Below 250 VA), By Application (Medical equipment, Electric appliances, Electric power transmission, Industrial electronics, Microprocessor units, Instrumentation, Battery chargers, Robot equipment, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032″ report at https://www.custommarketinsights.com/report/toroidal-power-transformers-market/
The main driver boosting demand for toroidal power transformers is the growing use of toroidal transformers in power electronics, smart grids, medical, and other power distribution applications. Over the projected period, it is also anticipated that existing toroidal transformers’ decreased weight, size, and greater efficiency in comparison to conventional EI core transformers will further fuel demand.
Government restrictions regarding toroidal transformer quality are expected to increase competition among producers. In the approaching years, it is expected that this aspect would further boost the regional toroidal power transformer market.
The market for Toroidal Power Transformers is segmented into product type, rating, and application. Based on product type, isolation transformers held the greatest market share in 2021. Over the forecast period, it is expected that decreased magnetic stray fields and improved efficiency, power output, and acoustic qualities will propel growth. Many hospitals, research labs, and medical equipment manufacturers prefer to use isolation transformers.
Because autotransformers have a single winding, which makes them more compact, lighter, and effective in many step-down applications, they are much less expensive than isolation transformers. When distributing hefty three-phase electronic power, autotransformers are frequently employed.
Transformers with toroidal cores are compact. Their usage in computers, audio systems, TVs, and other consumer electronics has expanded, fueling their growth even further. The fastest-growing application in terms of revenue in 2021 was medical equipment, which had a market share of close to 30%. The CAGR of market is anticipated to grow at a significant.
During the forecast period, Asia Pacific is anticipated to dominate the global market. It is anticipated that the markets in North America and Europe will expand on average during the projected period. During the forecast period, a small portion of the worldwide toroidal transformer market is expected to come from Latin America, the Middle East & Africa.
|Feature of the Report||Details|
|Market Size in 2021||USD 310 Million|
|Projected Market Size in 2030||USD 450 Million|
|Market Size in 2022||USD 325 Million|
|CAGR Growth Rate||5.5% CAGR (2022-2030)|
|Key Segment||By Product Type, Rating, Application, and Region|
|Report Coverage||Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends|
|Regional Scope||North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America|
|Buying Options||Request tailored purchasing options to fulfil your requirements for research.|
Our report offers both quantitative and qualitative insights into the toroidal power transformers market and major development initiatives adopted by the key players. Further, it offers competitive details and market share analysis. The report further includes relevant financial information, products and services offered, SWOT analysis, and recent developments of the players profiled.
- 2021: Audiozen launched the Yin and Yang mono power amps. At an 8-Ohm load, the Yin and Yang both guarantee 200W of continuous power, with the power tripling at 4 Ohms. They each use two toroidal power transformers with a combined power of over 800 VA per amplifier and over 130V on power devices. According to Audiozen, two metal-body rectifier bridges, four filter capacitors, and 43000 microfarads aid the pair of enormous transformers.
- ABB Ltd.
- Cortec Toroidal Power Products
- AMPLIMO BV
- Lintron Electronics Ltd.
- Hammond Manufacturing Ltd.
- MCI Transformer Corporation
- PICO Electronics Inc.
- Nuvotem Talema
- Schuntermann GmbH
- Plitron Manufacturing Inc
- Talema Group LLC
- Shilchar Technologies Ltd.
- Standex-Meder Electronics Inc.
- Triad Magnetics
The global Toroidal Power Transformers market is segmented as follows:
By Product Type
- Audio Transformers
- Mains Transformers
- Power Transformers
- Matching Transformers
- Isolation Transformers
- Above 3000VA
- 1000VA – 3000VA
- 250VA – 1000VA
- Below 250 VA
- Medical equipment
- Electric appliances
- Electric power transmission
- Industrial electronics
- Microprocessor units
- Battery chargers
- Robot equipment
- The U.S.
- The UK
- Rest of Europe
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Rest of Latin America