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Common-mode Chokes Market Size, By Type (Power Line, Data Line, Signal Line), By End-use (Automotive, Consumer Electronics, Aerospace & Defense, Industrial, Commercial) & Global Forecast, 2024 – 2032

  • Report ID: GMI5503

Common-mode Chokes Market Size

Common-mode Chokes Market witnessed remarkable growth in 2023 and will grow at a notable CAGR between 2024 and 2032, attributed to increasing demand for wireless communication systems and converters in line with growth across automotive, consumer electronics, and industrial sectors. These sectors rely heavily on common-mode chokes for electromagnetic interference (EMI) suppression, ensuring the smooth operation of electronic systems. With the proliferation of wireless technologies, the need for EMI filtering solutions, alongside the integration of electronics in various applications, is driving the market's size.

For instance, in June 2023, Cincon introduced the CMK series of common mode chokes designed for DC-DC converters. These chokes serve as crucial magnetic components in controlling electromagnetic interference, essential for optimal performance.

Growth Drivers and Restraints

The common-mode chokes industry is experiencing significant expansion due to the increasing demand for electronics across various industries. As more electronic components are integrated into automotive, telecommunications, and consumer devices, the need for effective electromagnetic interference (EMI) suppression rises. Additionally, the expansion of industrial automation further fuels this demand, as reliable EMI suppression becomes essential for the seamless operation of automated systems, driving the growth of the common-mode chokes market.

For instance, in July 2022, Kemet introduced a new line of common mode chokes that meet AEC-Q200 standards. The SCF-XV series is specifically engineered for high-voltage automotive and challenging industrial EMI filtering needs.

Stringent regulatory standards for electromagnetic interference (EMI) suppression pose barriers to the growth of the common-mode chokes industry. However, these drive the industry towards innovation, ensuring higher-quality products. Additionally, the higher production costs associated with advanced chokes signify a shift towards more sophisticated and effective solutions. These challenges act as catalysts for market players to enhance their manufacturing processes and develop cutting-edge technologies, ultimately resulting in improved EMI suppression solutions.

Common-mode Chokes Market Trends

The trend towards smaller, more integrated common-mode chokes is driving the market by meeting the demand for space-efficient solutions in modern electronics. Additionally, the rising demand in the automotive sector, fueled by the increasing number of electronic components in vehicles, propels market growth. These trends reflect an industry shift towards compact, high-performance chokes, essential for both automotive electronics and a wide range of consumer devices, thus spurring the common-mode chokes industry forward.

For instance, in April 2023, Pulse Electronics introduced IATF-compliant versions of its self-leaded interconnection and Shasta industrial common-mode chokes for automotive use. These variants, known as SLIC and Shasta CMCs, offer inductance from 92 uH to 1.8 mH and current ratings from 2.8A to 20A, in sizes ranging from 9x9x3.8mm to 31x25.4x12.7mm.

Common-mode Chokes Market Analysis

The power line chokes segment will achieve a considerable foothold by 2032, propelled by the indispensable role these chokes play in filtering out electromagnetic interference from power lines and ensuring efficient and reliable operation of electronic systems. With industries increasingly reliant on stable power supplies, the demand for power line chokes continues to surge. Their ability to suppress common-mode noise while allowing normal signal transmission will position them as essential components across various sectors, solidifying their market prominence.

The automotive segment will experience a significant upturn from 2024 to 2032. This projection stems from the rapid expansion of electronic components in modern vehicles, demanding robust EMI suppression solutions. Common-mode chokes play a pivotal role in ensuring the reliable performance of automotive electronics by filtering out unwanted interference. With the rise of electric vehicles, advanced driver-assistance systems, and in-vehicle connectivity, the need for effective common-mode chokes in automotive applications will grow substantially, driving their market dominance.

Asia Pacific common-mode chokes market will grow at a noteworthy CAGR from 2024 to 2032, fueled by the region's thriving electronics and automotive industries, in line with the escalating demand for consumer electronics. Countries like China, Japan, and South Korea are key players, hosting a plethora of manufacturing facilities. The robust growth of industrial automation and telecommunications will further bolster this dominance. With a strong manufacturing base and increasing adoption of advanced technologies, Asia Pacific will stand as a pivotal contributor to the common-mode chokes industry.

Common-mode Chokes Market Share

  • AVX Corporation
  • Coilcraft
  • Littelfuse, Inc.
  • Schaffner Holding AG
  • Sumida
  • TDK Corporation
  • Würth Elektronik GmbH & Co. KG.
  • Bourns, Inc.
  • Eaton Corporation PLC
  • Murata Manufacturing Co., Ltd.
  • SCHURTER Holding AG
  • Tamura Corporation
  • TT Electronics PLC
  • Yageo Corporation

Companies are strategically increasing their market share through innovative product offerings and market expansion initiatives. These players are investing heavily in research and development to introduce chokes with enhanced performance and efficiency. By focusing on miniaturization and integration, they cater to the growing demand for compact and high-performance common-mode chokes in various applications. Additionally, partnerships and collaborations with key industry players allow them to broaden their market reach and customer base.

Expanding into new regions is also a strategy, especially in burgeoning markets such as Asia Pacific and Latin America, where there is a surge in demand for electronics and automotive parts. Moreover, these companies are prioritizing sustainability by creating eco-conscious materials and manufacturing methods, in line with the worldwide shift towards greener technologies. These diverse approaches are helping these players strengthen their market presence and propel growth in the common-mode chokes industry.

Common-mode Chokes Industry News

  • In March 2022, Pulse expanded its catalog with the high-inductance EP13 common-mode chokes. The new PAC6034 series doubles the current density of similar-sized industry solutions, offering enhanced performance in a compact design.
  • In April 2023, Schaffner introduced the RV series of common-mode chokes for EV charging stations. This new series provides designers with various power-level options, aiding early compliance with EMC standards during the design phase.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size for common-mode chokes reached over USD 500 million in 2022 and will grow at more than 4% CAGR up to 2032 driven by the increasing demand for electronic devices worldwide.

The demand for automotive common-mode chokes is expected to grow significantly through 2032 owing to the increasing popularity of electric & hybrid vehicles.

Asia Pacific common-mode chokes will gain significant traction up to 2032 due to the growing adoption of electronic devices & equipment in the region.

Which are the major common-mode choke companies?

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