Report Code: CMI22831

Published Date: March 2023

Pages: 220+

Category: Energy And Power

Report Snapshot

CAGR: 5.5%
310M
2021
325M
2022
450M
2030

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Abracon
  • ABB Ltd.
  • Cortec Toroidal Power Products
  • AMPLIMO BV
  • Lintron Electronics Ltd.
  • Others

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Reports Description

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 reach USD 325 million in 2022 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.

  • Small transformers, called toroidal transformers, have a cylindrical or doughnut-shaped core. The form is surrounded by wires, and the core is constructed of ferromagnetic materials like ferrite, laminated iron, or iron powder. A ferrite core is typically used in toroidal transformers with high operating frequencies, ranging from 10 kHz to hundreds of MHz.
  • While the iron laminations’ vibration produces acoustic noise, the toroidally built core delivers transformer performance without it. The architecture of toroidal transformers makes them much more expensive to build, and wire winding also necessitates slower, more complicated equipment. As a result, the cost of toroidal transformers is significantly higher than that of any other lamination core transformer.
  • Toroidal transformers must have low losses, which is why this type of transformer is typically utilized for this design. These transformers’ low noise levels and electromagnetic induction make them an ideal choice for audio equipment. Additionally, toroidal transformers have significant advantages in amplifier applications due to their high efficiency. Toroidal transformers have a substantially higher output power capacity. Transformers typically have a thermal switch built in to be used in the event of an overheating.
  • There are many benefits to using toroidal transformers, including their high electrical efficiency, low noise level, low electromagnetic interference (EMI), low signal distortion, low hysteresis, magnetizing current, minimal magnetic core losses, straightforward housing & protection, efficient heating, small size, etc. They are used in industrial electronics as rectifiers, amplifiers, chargers, UPS devices, and other electrical equipment like TVs, computers, and audio systems. They can be applied to various output counts.
  • All supply lines were broken, and during the lockdowns, food consumption and subsidiary sales fell. Additionally, there was a sharp decline in global infrastructure spending. The COVID-19 crisis had a significant negative impact on market movements. However, after the lockdowns, the market is quickly rebounding, just like every other sector.
  • Companies must align their strategy as a result of the significant changes brought about by the COVID-19 epidemic in the supply chain for toroidal power transformers and the growing movement to switch to cleaner, more dependable, and sustainable energy sources. Furthermore, the need for Toroidal Power Transformers sector players to be more watchful and forward-thinking is pressing due to worries about the global economic slowdown, the impact of the war in Ukraine, and the threats of stagflation with potential market scenarios. Manufacturers of Toroidal Power Transformers and other related stakeholders are developing country-specific strategies in response to the significant regional variations in the economic and social effects of COVID.

Report Scope

The study’s focus is on Toroidal Power Transformers market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. The research also observes key market factors, underlying growth influencers, and major vendors active in the sector in order to support the market projections and growth rates over the anticipated period of 2022–2030.

The scope of the study includes market sizing and forecast for segmentation by product type, rating, application, and geography.

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)
Base Year 2023
Forecast Period 2024-2033
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.

Key Market Dynamics

  • A number of elements, including their straightforward design, high speed, high power, high torque, etc., are propelling the market for toroidal transformers. Additionally, benefits like the variable speed with an adjustable governor, line voltage, or contemporary pulse techniques might be seen as market drivers.
  • The market for toroidal transformers is also being driven by the massive demand for power that is being created by urbanization and industrialization in numerous growing nations.
  • Periodic maintenance, complex manufacturing, high building costs, etc., are a few of the problems that could limit market expansion and toroidal transformer demand.
  • Furthermore, various characteristics of toroidal transformers, including excessive noise at high speeds, high vibration, and high prices of raw materials for core production, are projected to constrain the market throughout the projection period. On the other hand, the market for toroidal transformers will benefit from the growing significance of including renewable energy sources.

Global Toroidal Power Transformers Market 2022–2030 (By Million)

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Asia Pacific Led the Toroidal Power Transformers Market

  • Over the course of the forecast period, the Asia Pacific region is anticipated to have a significant market share in the Toroidal Power Transformers Market. The Asia Pacific region’s toroidal transformer market is expanding as a result of rising power projects for development in many nations and rising electricity demand.
  • The market for toroidal transformers is also expected to expand significantly in the Asia-Pacific region as a result of the region’s increasing urbanization, industrialization, and industrial automation. Due to the market’s maturity, North America will only experience moderate growth.
  • Currently holding a sizable share of the Toroidal Power Transformers Market, the North American region is projected to continue to do so over the forecast period. Europe is expected to develop at a respectable rate after North America and the Asia-Pacific area due to increased demand from numerous industries, including packaging, manufacturing, the automobile industry, etc. However, it is predicted that the market would expand steadily over the course of the projection period in areas like Latin America and, the Middle East & Africa.

Competitive Landscape

In order to meet consumer demand, businesses are concentrating on regional expansion. The businesses are aiming to acquire emerging markets in order to increase their consumer base.

Our market analysis includes a section specifically devoted to key players operating in the Toroidal Power Transformers market. Our analysts give an overview of each player’s financial statements, along with product benchmarking and SWOT analysis. Key development strategies, market share analysis, and market positioning analysis of the previously mentioned rivals are all included in the section on the competitive landscape.

Global Toroidal Power Transformers Market 2022–2030 (By Rating)

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  • 2022: The VIRO5 from AUDAC is a recently released two-way coaxial loudspeaker that is available in 8-ohm and 16-ohm versions with optional toroidal transformer modules. Both black and white versions are available. They combine a 5″ 2-way coaxial speaker driver with a silk-domed tweeter for smooth tone and high excursion.
  • 2022: The C8 and C8+ are two brand-new bespoke installation amplifiers from Rotel. The eight channels of high-performance multi-zone audio produced by the Class AB amplifiers are driven by an internal, large toroidal transformer.

Prominent Players:

  • Abracon
  • ABB Ltd.
  • Cortec Toroidal Power Products
  • AMPLIMO BV
  • Lintron Electronics Ltd.
  • Hammond Manufacturing Ltd.
  • MCI Transformer Corporation
  • PICO Electronics Inc.
  • NORATEL
  • Nuvotem Talema
  • Schuntermann GmbH
  • Plitron Manufacturing Inc
  • Talema Group LLC
  • Shilchar Technologies Ltd.
  • Standex-Meder Electronics Inc.
  • Triad Magnetics
  • Others

Global Toroidal Power Transformers Market 2022–2030 (By Application)

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The global Toroidal Power Transformers market is segmented as follows:

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

By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Toroidal Power Transformers Market, (2022 – 2030) (USD Million)
    • 2.2 Global Toroidal Power Transformers Market : snapshot
  • Chapter 3. Global Toroidal Power Transformers Market – Industry Analysis
    • 3.1 Toroidal Power Transformers Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing use of toroidal transformers in power electronics, smart grids, medical and other power distribution applications
      • 3.2.2 Government restrictions that are strict regarding toroidal transformer quality are expected to increase competition among producers.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product Type
      • 3.7.2 Market attractiveness analysis By Rating
      • 3.7.3 Market attractiveness analysis By Application
  • Chapter 4. Global Toroidal Power Transformers Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Toroidal Power Transformers Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Toroidal Power Transformers Market – Product Type Analysis
    • 5.1 Global Toroidal Power Transformers Market overview: By Product Type
      • 5.1.1 Global Toroidal Power Transformers Market share, By Product Type, 2021 and 2030
    • 5.2 Audio Transformers
      • 5.2.1 Global Toroidal Power Transformers Market by Audio Transformers, 2022 – 2030 (USD Million)
    • 5.3 Mains Transformers
      • 5.3.1 Global Toroidal Power Transformers Market by Mains Transformers, 2022 – 2030 (USD Million)
    • 5.4 Power Transformers
      • 5.4.1 Global Toroidal Power Transformers Market by Power Transformers, 2022 – 2030 (USD Million)
    • 5.5 Matching Transformers
      • 5.5.1 Global Toroidal Power Transformers Market by Matching Transformers, 2022 – 2030 (USD Million)
    • 5.6 Isolation Transformers
      • 5.6.1 Global Toroidal Power Transformers Market by Isolation Transformers, 2022 – 2030 (USD Million)
  • Chapter 6. Global Toroidal Power Transformers Market – Rating Analysis
    • 6.1 Global Toroidal Power Transformers Market overview: By Rating
      • 6.1.1 Global Toroidal Power Transformers Market share, By Rating, 2021 and 2030
    • 6.2 Above 3000VA
      • 6.2.1 Global Toroidal Power Transformers Market by Above 3000VA, 2022 – 2030 (USD Million)
    • 6.3 1000VA – 3000VA
      • 6.3.1 Global Toroidal Power Transformers Market by 1000VA – 3000VA, 2022 – 2030 (USD Million)
    • 6.4 250VA – 1000VA
      • 6.4.1 Global Toroidal Power Transformers Market by 250VA – 1000VA, 2022 – 2030 (USD Million)
    • 6.5 Below 250 VA
      • 6.5.1 Global Toroidal Power Transformers Market by Below 250 VA, 2022 – 2030 (USD Million)
  • Chapter 7. Global Toroidal Power Transformers Market – Application Analysis
    • 7.1 Global Toroidal Power Transformers Market overview: By Application
      • 7.1.1 Global Toroidal Power Transformers Market share, By Application, 2021 and 2030
    • 7.2 Medical equipment
      • 7.2.1 Global Toroidal Power Transformers Market by Medical equipment, 2022 – 2030 (USD Million)
    • 7.3 Electric appliances
      • 7.3.1 Global Toroidal Power Transformers Market by Electric appliances, 2022 – 2030 (USD Million)
    • 7.4 Electric power transmission
      • 7.4.1 Global Toroidal Power Transformers Market by Electric power transmission, 2022 – 2030 (USD Million)
    • 7.5 Industrial electronics
      • 7.5.1 Global Toroidal Power Transformers Market by Industrial electronics, 2022 – 2030 (USD Million)
    • 7.6 Microprocessor units
      • 7.6.1 Global Toroidal Power Transformers Market by Microprocessor units, 2022 – 2030 (USD Million)
    • 7.7 Instrumentation
      • 7.7.1 Global Toroidal Power Transformers Market by Instrumentation, 2022 – 2030 (USD Million)
    • 7.8 Battery chargers
      • 7.8.1 Global Toroidal Power Transformers Market by Battery chargers, 2022 – 2030 (USD Million)
    • 7.9 Robot equipment
      • 7.9.1 Global Toroidal Power Transformers Market by Robot equipment, 2022 – 2030 (USD Million)
    • 7.10 Others
      • 7.10.1 Global Toroidal Power Transformers Market by Others, 2022 – 2030 (USD Million)
  • Chapter 8. Toroidal Power Transformers Market – Regional Analysis
    • 8.1 Global Toroidal Power Transformers Market Regional Overview
    • 8.2 Global Toroidal Power Transformers Market Share, by Region, 2021 & 2030 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Toroidal Power Transformers Market, 2022 – 2030 (USD Million)
        • 8.3.1.1 North America Toroidal Power Transformers Market, by Country, 2022 – 2030 (USD Million)
    • 8.4 North America Toroidal Power Transformers Market, by Product Type, 2022 – 2030
      • 8.4.1 North America Toroidal Power Transformers Market, by Product Type, 2022 – 2030 (USD Million)
    • 8.5 North America Toroidal Power Transformers Market, by Rating, 2022 – 2030
      • 8.5.1 North America Toroidal Power Transformers Market, by Rating, 2022 – 2030 (USD Million)
    • 8.6 North America Toroidal Power Transformers Market, by Application, 2022 – 2030
      • 8.6.1 North America Toroidal Power Transformers Market, by Application, 2022 – 2030 (USD Million)
    • 8.7. Europe
      • 8.7.1 Europe Toroidal Power Transformers Market, 2022 – 2030 (USD Million)
        • 8.7.1.1 Europe Toroidal Power Transformers Market, by Country, 2022 – 2030 (USD Million)
    • 8.8 Europe Toroidal Power Transformers Market, by Product Type, 2022 – 2030
      • 8.8.1 Europe Toroidal Power Transformers Market, by Product Type, 2022 – 2030 (USD Million)
    • 8.9 Europe Toroidal Power Transformers Market, by Rating, 2022 – 2030
      • 8.9.1 Europe Toroidal Power Transformers Market, by Rating, 2022 – 2030 (USD Million)
    • 8.10 Europe Toroidal Power Transformers Market, by Application, 2022 – 2030
      • 8.10.1 Europe Toroidal Power Transformers Market, by Application, 2022 – 2030 (USD Million)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Toroidal Power Transformers Market, 2022 – 2030 (USD Million)
        • 8.11.1.1 Asia Pacific Toroidal Power Transformers Market, by Country, 2022 – 2030 (USD Million)
    • 8.12 Asia Pacific Toroidal Power Transformers Market, by Product Type, 2022 – 2030
      • 8.12.1 Asia Pacific Toroidal Power Transformers Market, by Product Type, 2022 – 2030 (USD Million)
    • 8.13 Asia Pacific Toroidal Power Transformers Market, by Rating, 2022 – 2030
      • 8.13.1 Asia Pacific Toroidal Power Transformers Market, by Rating, 2022 – 2030 (USD Million)
    • 8.14 Asia Pacific Toroidal Power Transformers Market, by Application, 2022 – 2030
      • 8.14.1 Asia Pacific Toroidal Power Transformers Market, by Application, 2022 – 2030 (USD Million)
    • 8.15. Latin America
      • 8.15.1 Latin America Toroidal Power Transformers Market, 2022 – 2030 (USD Million)
        • 8.15.1.1 Latin America Toroidal Power Transformers Market, by Country, 2022 – 2030 (USD Million)
    • 8.16 Latin America Toroidal Power Transformers Market, by Product Type, 2022 – 2030
      • 8.16.1 Latin America Toroidal Power Transformers Market, by Product Type, 2022 – 2030 (USD Million)
    • 8.17 Latin America Toroidal Power Transformers Market, by Rating, 2022 – 2030
      • 8.17.1 Latin America Toroidal Power Transformers Market, by Rating, 2022 – 2030 (USD Million)
    • 8.18 Latin America Toroidal Power Transformers Market, by Application, 2022 – 2030
      • 8.18.1 Latin America Toroidal Power Transformers Market, by Application, 2022 – 2030 (USD Million)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Toroidal Power Transformers Market, 2022 – 2030 (USD Million)
        • 8.19.1.1 The Middle-East and Africa Toroidal Power Transformers Market, by Country, 2022 – 2030 (USD Million)
    • 8.20 The Middle-East and Africa Toroidal Power Transformers Market, by Product Type, 2022 – 2030
      • 8.20.1 The Middle-East and Africa Toroidal Power Transformers Market, by Product Type, 2022 – 2030 (USD Million)
    • 8.21 The Middle-East and Africa Toroidal Power Transformers Market, by Rating, 2022 – 2030
      • 8.21.1 The Middle-East and Africa Toroidal Power Transformers Market, by Rating, 2022 – 2030 (USD Million)
    • 8.22 The Middle-East and Africa Toroidal Power Transformers Market, by Application, 2022 – 2030
      • 8.22.1 The Middle-East and Africa Toroidal Power Transformers Market, by Application, 2022 – 2030 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 Abracon
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 ABB Ltd.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Cortec Toroidal Power Products
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 AMPLIMO BV
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Lintron Electronics Ltd.
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Hammond Manufacturing Ltd.
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 MCI Transformer Corporation
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 PICO Electronics Inc.
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 NORATEL
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Nuvotem Talema
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Schuntermann GmbH
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Plitron Manufacturing Inc
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Talema Group LLC
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 Shilchar Technologies Ltd.
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Standex-Meder Electronics Inc.
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Triad Magnetics.
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments
List Of Figures

Figures No 1 to 34

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players

  • Abracon
  • ABB Ltd.
  • Cortec Toroidal Power Products
  • AMPLIMO BV
  • Lintron Electronics Ltd.
  • Hammond Manufacturing Ltd.
  • MCI Transformer Corporation
  • PICO Electronics Inc.
  • NORATEL
  • Nuvotem Talema
  • Schuntermann GmbH
  • Plitron Manufacturing Inc
  • Talema Group LLC
  • Shilchar Technologies Ltd.
  • Standex-Meder Electronics Inc.
  • Triad Magnetics
  • Others

FAQs

“Asia Pacific” region will lead the global Toroidal Power Transformers market during the forecast period 2022 to 2030.

The key factors driving the market are growing use of toroidal transformers in power electronics, smart grids, medical, and other power distribution applications and government restrictions that are strict regarding toroidal transformer quality are expected to increase competition among producers.

The key players operating in the Toroidal Power Transformers market are Abracon, ABB Ltd., Cortec Toroidal Power Products, AMPLIMO BV, Lintron Electronics Ltd., Hammond Manufacturing Ltd., MCI Transformer Corporation, PICO Electronics Inc., NORATEL, 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 expanding growth with a CAGR of approximately 5.5% during the forecast period (2022 to 2030).

The global Toroidal Power Transformers market size was valued at USD 310 Million in 2021 and it is projected to reach around USD 450 Million by 2030.

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