There were 132 press releases posted in the last 24 hours and 403,392 in the last 365 days.

Common-mode Chokes Market Size, Share and Statistics [2023-2028] | CAGR of 5.4%

Chicago, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The Common-mode Chokes Market Size  by Type (Data Line, Power Line, Signal Line), Verticals (Aerospace & Defense, Automotive, Commercial, Consumer Electronics, Industrial) and Region - Global Forecast to 2028, The Common-mode Chokes Market is projected to grow from USD 629 Million in 2023 to USD 820 Million by 2028; it is expected to grow at a CAGR of 5.4% during the forecast period. The growth of the market is attributed to the increasing adoption of common-mode chokes in consumer electronics, growing trend towards industrial 4.0 technology, rising demand in automotive and transportation application. Proliferation of stringent regulation related to  emission of electromagnetic energy causing EMI is expected to create growth opportunities for the market.

Common-mode Chokes Market Size Market Players

Major vendors in the common-mode chokes companies include Eaton (Ireland), TDK Corporation (Japan), Murata Manufacturing Co., Ltd (Japan), Schaffner Holding AG (Switzerland), and YAGEO Group (Pulse Electronics) (Taiwan), among others.

Dowload PDF Brochure :

Common-mode Chokes Market Size Dynamics:

Drivers: Rising use of common -mode chokes in automotive and transportation applications

Common-mode chokes are frequently used in automotive CAN networks to increase system reliability with respect to electromagnetic compatibility (EMC). Electromagnetic interference created from an electronic control unit (ECU) can be filtered through a CAN transceiver, limiting unwanted high-frequency noise on the communication bus. Another reason for using a common-mode choke is to improve the susceptibility (immunity) of the transceiver to electromagnetic disturbances on the bus.

Restraints: Performance-related limitation for low-cost common-mode chokes

A common-mode choke is an effective tool for attenuating the noise common to both transceiver bus lines. Chokes provide a high impedance for common-mode signals and a low impedance for differential signals. This increases the transceiver's common-mode rejection ratio (CMRR), ultimately enhancing its ability to minimize the noise in the audio, video, and communication designs. Such chokes are expensive. Though these chokes are effective for filtering without adding a large amount of distortion on high-speed data lines, they incur greater costs. To tackle the cost issues, low-cost common-mode chokes are utilized.

Opportunities: Increasign use of common-mode chokes in communications applications

A choke is a power magnetics component used in electronic circuits. An inductor blocks a circuit's highfrequency or alternating current (AC) while allowing lower frequencies or direct current (DC). The choke normally consists of an insulated wire wound around a magnetic core. Common-mode chokes can be used in various industries, such as industrial, electronic, and telecommunications, applications such as IEEE1394 lines for PCs, panel links for LCD panels, and countering common-mode noise affecting signals in high-speed lines. One of the global sectors with the fastest growth is telecommunications. Global investments and market growth in the telecommunications sector have increased significantly during the last 10 years. This is largely because of the rising popularity of mobile technology and the rapid adoption of high-speed data services.

Challenges: High complexities related to common-mode chokes

In the current digital world, every electronic and electrical product requires power supplies, switching circuits, and converters to achieve the right amount of power and reliable performance. These digital and switching circuits produce inherent noise, which increases the requirement for common-mode chokes to operate any equipment successfully. Unfortunately, not all filters can operate correctly in applications having high switching speeds, due to which some filters can result in failures. Also, depending on the system application and location, chokes are exposed to electrical disturbances such as voltage surge, voltage distortion, temporary overvoltage, high ripple currents, and lightning strikes. All these electrical disturbances can damage the insulation systems and capacitors of filters.

“Browse in-depth TOC on "Common-mode Chokes Market Size, share, value, Trends, Growth Drivers"­­­­­­­­

204 – Tables
61 – Figures

237 – Pages


Common-mode Chokes Companies - Eaton Corporation Plc (Eaton) and YAGEO Group are the Key Players

Eaton Corporation Plc (Eaton) is a power management company. It designs, develops, and sells energy-efficient products, technologies, and services that help customers manage electrical, aerospace, hydraulic, and mechanical power more reliably, efficiently, safely, and sustainably. Eaton's portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets, including commercial vehicles, general aviation, and trucks. The other portion is Eaton's electrical sector portfolio, which serves data centers, utilities, and residential end users.

YAGEO Group is a leading global electronic component company with capabilities on a global scale, including production and sales facilities in Asia, Europe, and the Americas. The corporation provides one-stop shopping, offering its complete product portfolio of resistors, capacitors, inductors, transformers, relays, antennas, wireless components, and circuit protection components to meet the diverse requirements of customers. The brand name of YAGEO   inductors has been changed to PULSE   from April 1, 2022.

Related Reports:

Piezoelectric Devices Market by Product (Sensors, Actuator, Motor, Generator, Transducer, Transformers, Resonator), Material (Polymer, Crystal, Ceramic, Composites), Element (Discs, Rings, Plates), Application and Region - Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

Primary Logo