What is Global Common Mode Choke Coils (CMCC) Market?
The Global Common Mode Choke Coils (CMCC) Market is a vast and dynamic sector that plays a crucial role in the world's economy. Common Mode Choke Coils, also known as CMCC, are essential components used in various electronic devices to filter out common mode noise. This market is a global entity, meaning it encompasses the production, distribution, and sale of these coils across the world. In 2022, the market's value stood at a significant US$ 649.7 million, indicating its substantial impact on the global economy. The market is projected to grow further and reach a value of US$ 900.9 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2029.
Through Hole Type, SMD Type in the Global Common Mode Choke Coils (CMCC) Market:
The Global Common Mode Choke Coils (CMCC) Market is segmented into two main types based on their design: Through Hole Type and SMD Type. The Through Hole Type CMCCs are designed to be mounted on a circuit board by inserting their leads through holes drilled in the board. They are typically used in applications that require high power and high inductance. On the other hand, SMD Type CMCCs, also known as Surface Mount Device Type, are designed to be mounted on the surface of the circuit board. They are smaller and lighter than their Through Hole counterparts, making them ideal for compact and portable electronic devices. The SMD Type dominates the market with a share of about 85%, indicating its widespread use and acceptance in the industry.
Consumer Electronics, Communication, Household Appliances, Industrial, Automotive, Other in the Global Common Mode Choke Coils (CMCC) Market:
The Global Common Mode Choke Coils (CMCC) Market finds its applications in various sectors including Consumer Electronics, Communication, Household Appliances, Industrial, Automotive, and others. In the Consumer Electronics sector, CMCCs are used in devices like televisions, computers, and gaming consoles to filter out noise and improve the device's performance. In the Communication sector, they are used in devices like routers, modems, and telephones to ensure clear and noise-free communication. In the Household Appliances sector, CMCCs are used in appliances like washing machines, refrigerators, and air conditioners to enhance their efficiency and longevity. In the Industrial sector, they are used in machinery and equipment to ensure smooth and efficient operation. Lastly, in the Automotive sector, CMCCs are used in vehicles' electronic systems to ensure their optimal performance.
Global Common Mode Choke Coils (CMCC) Market Outlook:
The global Common Mode Choke Coils (CMCC) market has shown a promising outlook. In 2022, the market was valued at US$ 649.7 million and is expected to reach US$ 900.9 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2029. The market is dominated by two major companies that hold about 70% of the market share. Japan is the largest market for CMCCs, holding about 45% of the market share. This is followed by China and Europe, which hold about 25% and 13% of the market share, respectively. In terms of product type, the SMD type is the most popular, holding about 85% of the market share. This indicates the widespread acceptance and use of this type of CMCC in various applications.
| Report Metric | Details |
| Report Name | Common Mode Choke Coils (CMCC) Market |
| Accounted market size in 2023 | US$ 682.3 million |
| Forecasted market size in 2029 | US$ 900.9 million |
| CAGR | 4.7 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Sales by Region |
|
| By Company | Murata, YAGEO (Chilisin), TDK, TAIYO YUDEN, Cyntec, Sunlord Electronics, Vishay, TAI-TECH Advanced Electronic, Sumida, Eaton, Schaffner, Laird Performance Materials, TABUCHI ELECTRIC, TAMURA CORPORATION, Hitachi Metals, Coilcraft, Nippon Chemi-Con Corporation, Bourns, AVX Corporation |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
