Global Common Mode Chokes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Common Mode Chokes market:
The latest research study on the global Common Mode Chokes market finds that the global Common Mode Chokes market reached a value of USD 551.6 million in 2022. It’s expected that the market will achieve USD 735.57 million by 2028, exhibiting a CAGR of 4.91% during the forecast period.

A common mode choke is an electrical filter that blocks high frequency noise common to two or more data or power lines while allowing the desired DC or low-frequency signal to pass. Common mode (CM) noise current is typically radiated from sources such as unwanted radio signals, unshielded electronics, inverters and motors. Left unfiltered, this noise presents interference problems in electronics and electrical circuits.

Price Variance Caused by Fluctuations in Raw Material Prices
Common mode choke products are greatly affected by the price of raw materials. Both magnetic cores and wires are involved in bulk raw materials, and price changes are difficult to predict.

Downstream demand rises
As consumer demand for digital products such as mobile phones increase and competition in the mobile phone industry intensifies, the demand for inductive devices in the global market is rapidly increasing. The wireless capabilities of mobile phones are growing rapidly, from 2G, 3G, 4G to the next 5G, from Bluetooth, WIFI to NFC. The number of RF components in mobile phones has continued to increase because of backward compatibility. Any mobile phone must be backward compatible, and 4G mobile phones need to cover 2G and 3G. The introduction of antennas such as WIFI and NFC also requires more smaller and more sophisticated filters, inductors, and the like. These developments have created opportunities for the development of the common mode choke market.

Intense market competition, more potential entrants
At present, the market is fiercely competitive and new entrants are entering the market. Industry leaders include the business of most brand buyers, and small players are also crowding out market segments, trying to attract buyers by offering more efficient or customized services. The fierce market competition is a big challenge for the participants. It is particularly difficult for market leaders to expand their markets and potential entrants to seize the market. How to formulate a reasonable business strategy and stabilize market share is particularly difficult.

Region Overview:
China is projected to account for a considerable share of the Common Mode Chokes market and is expected to become the largest region by 2028.

Company Overview:
Murata Power Solutions is one of the major players operating in the Common Mode Chokes market, holding a share of 12.07% in 2023.

Murata Power Solutions
Murata Power Solutions designs, manufactures and distributes DC-DC Power Converters, AC-DC Power Supplies, Magnetics, Digital Panel Meters and Open Compute Datacenter Solution product lines which are offered in custom, standard and modified-standard variations. Murata products are used within electronic applications serving major global market sectors including telecommunications, computing, industrial controls, healthcare, energy management systems and more.

Wurth Electronics
Wurth Electronics is one of the leading manufacturers of electronic and electromechanical components in Europe. Product portfolio includes: EMC components, EMC filters, capacitors, inductors, RF inductors and LTCC components, resistors, quartz, oscillators, transformers, circuit protection components, power modules, LEDs, connectors, switches, high power contacts Points, assembly techniques, wireless connections and sensors.

Segmentation Overview:
Among different product types, Power Line segment is anticipated to contribute the largest market share in 2028.

Application Overview:
The market's largest segment by application is the segment PC, with a market share of 30.88% in 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Common Mode Chokes market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Common Mode Chokes market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Common Mode Chokes and its sub-markets in an intuitive way.

Key Companies in the global Common Mode Chokes market covered in Chapter 3:
KEMET Corporation
Sumida
Wurth Electronics
Taiyo Yuden
Vishay
Laird
Schaffner
Pulse Electronics
Bourns
AVX (Kyocera)
Panasonic
Eaton
Sunlord Electronics
Murata Power Solutions
Triad Magmetics
Coilcraft
Chilisin Group
TDK Electronics

In Chapter 4 and Chapter 14.2, on the basis of types, the Common Mode Chokes market from 2018 to 2029 is primarily split into:
Power Line
Signal and Data Line

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Common Mode Chokes market from 2018 to 2029 covers:
PC
Smart Phone
LCD TV
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Common Mode Chokes market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

Frequently Asked Questions