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According to a market report by Lucintel, the future of the global mutual inductor market looks promising with opportunities in the power generation & distribution, electronic, automotive, aerospace & defense, utility, and telecommunication markets. The global mutual inductor market is expected to reach an estimated $4.4 billion by 2030 with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are rising usage in renewable energy systems like solar and wind power systems to convert DC electricity to AC power and growing demand from automotive and medical industries.
In this market, electromagnetic, capacitive, and optoelectronic are the major segments of mutual inductor market by type.
Lucintel forecasts that electromagnetic is expected to witness highest growth over the forecast period.
Within this market, electronics will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Debnar, ZTR, LEM, Dent, Hobut, WAGO, Mitsubishi, GE, Siemens, and Pearson are the major suppliers in the mutual inductor market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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