San Francisco, April 25, 2016 (GLOBE NEWSWIRE) --
Transformers are electrical devices which transfers electric energy between two or more circuits. Its initial use is to decrease or increase the fluctuating voltage in electrical applications. They transfer electricity according to the joule heating rate and play a vital role in electricity distribution. Audio transformers allow communication between telephones over a single pair of wires. These transformers are used to lower the voltage input to match those of microphones and record players.
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The transformer market in the consumer electronics industry is likely to grow at an 11.37% CAGR over the forecast period (2014-2017). Easy disposable earnings in the hands of consumers to purchase new gadgets will be the key driving factor of the market. Miniature transformers are additional factor driving demand. But reduction in sales of mobile shipments can hamper market growth.
Demand for electricity in developing economies will drive the market over the next six years. These countries are banking on wind and solar-powered sources to increase the load flow on current networks. Introducing grids that emit low amounts of carbon and taking opportunity of green initiatives will be beneficial for the market.
The transformer market has 3 products, namely LED lighting, TV, and desktop PC transformers. Applications of the market include smartphones, mobile phones, notebooks, ultrabooks, digital cameras, audio systems, and tablets.
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Regions of interest to the market include EMEA (Europe Middle East & Africa), Asia Pacific, and Americas. Asia Pacific gained major shares of the market on account of economic development and need for interrupted power supply. North America will be a prime region for market growth owing to the industrialization and modernization in the region. Europe has already adopted several green initiatives to create transformers that are eco-friendly.
Prominent vendors operating in the transformer market are OSRAM Licht AG, Darfon Electronic Corp., Houston Transformer Co. Ltd., and API Delevan Inc.
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Table of Contents
- Executive Summary
- Scope of the Report
02.1 Market Overview
02.2 Product Offerings
- Market Research Methodology
03.1 Market Research Process
03.2 Research Design
03.3 Research Methodology
- List of Abbreviations
- Market Landscape
06.1 Market Size and Forecast by Revenue
06.2 Market Size and Forecast by Unit Shipments
06.3 Five Forces Analysis
- Market Segmentation by Product
- Adapter Transformers Segment
08.1 Market Size and Forecast
08.2 Forecast in Terms of Unit Shipments
08.3 Adapter Transformers Sub-segmentation
08.4 Mobile Phones
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