At present, electronic transformers, inductors and magnetic materials are mainly applied in the fields of power adapters, laptop & mobile, automobile electronics, LED lighting, medical electronics, industrial control, security systems, photovoltaic inverters, automobile charging stakes, UPS power sources and digital audio equipment.
In 2015, inductors were still quite commonly applied in the mainstream fields of communications, LED lighting, automobile electronics and laptop & mobile and less commonly in fields such as new power sources, medical electronics and automobile charging stakes.
Next, take a look of the development tendency of business in which electronic transformers are applied. The laptop market will end its ‘crazy’ growing pace. New data from IDC, an American market research company, shows global shipment quantity of laptops dropped 8.1% in 2015. Therefore, it forecasts that the shipment quantity of laptop will be 153.4 million in 2016 which is 6.1% less than last year.
In the ‘Global mobile season track report’, the newest publication by American IDC, it forecasts that the amplification of global mobile shipment quantity will fall back to single digits for the first time in 2016. Following the increase of consumers needs, it forecasts that automobile electronics market will increase quickly. It forecasts that this market will reach 240 billion USD hopefully, which is 40% of the global automobile market. The market of automobile with new power source increases explosively. The requirement from automobile charging stake to magnetic material is more upscale.
The communication industry is gradually becoming one of the fastest growing industries in the world. The IT, software and communication industries are starting to achieve an omni-directional merge with each other.
The household appliance market is moving ahead during a downturn, therefore, intelligent appliances become the point of penetration of the market. The year of 2014 is called the first year of the era of intelligent household appliances. The new generation of intelligent appliances, like wearable equipment, intelligent kitchen appliances, intelligent boxes etc, appeared one after another.
The LED lighting market will continue to grow up to 30.5 billion USD. The occupation rate will increase to 36%. The increasing need of electronic transformers in this area is obvious.
The cost of PV (Photovoltaic power generation) is dropping and it is thriving in European and American countries. It has new requirements for the supply of photovoltaic inverters and magnetic materials.
The development and application of the power source industry are unprecedented in the fields of aviation and aerospace industry, military industry, medical science, commumications, transportation, environmental protection and so on.
MarketsandMarkets, the second largest research institute worldwide, released a report which says the market size of global modularized uninterrupted power source systems will be about 1.4252 billion USD in 2015 and it forecasts that the amount will break through 2.5 billion USD in 2020.
In conclusion, following the prosperity of application market, the future development of electronic transformers and inductors looks to be very hopeful. We wish the greatest of success to all of our customers and colleagues!
The TMK team is always researching and staying ahead of the curve in the inductor and transformer market, so if you have any questions, please do not hesitate to contact us!