According to the recent study the balun transformer market is projected to reach an estimated $18.8 billion by 2028 from $14.2 billion in 2023, at a CAGR of 5.8% from 2023 to 2028. Growth in this market is primarily driven by rising demand for high-speed data transmission in the telecommunication and computer networking industries, along with increasing applications of modern communication systems, and growing adoption of the Internet of Things (IoT) across various industries.

A more than 150 – page report is developed to understand trends, opportunities and forecast in balun transformer market by type (multilayer balun transformers and single-layer balun transformers), material (ceramic, magnetic, ferrites, and others), operating frequency (low frequency, high frequency, VHF (very high frequency), UHF (ultra high frequency)), application (drones, smart wearables, wireless infrastructures, automotive, consumer electronics, medical devices, telecommunications, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

“Multilayer balun transformers market is expected to remain the largest segment during the forecast period.”

Based on type, the balun transformer market is segmented into multilayer balun transformers and single-layer balun transformers. Lucintel forecasts that the multilayer balun transformers market is expected to remain the largest segment due to its increasing application in wind energy sector owing to its capability to provide an isolated and noise-free voltage.

“Within the balun transformer market, the drones segment is expected to remain the largest application”

Based on application the drones segment is expected to witness the highest growth over the forecast period due to the growing demand for drones in military and civil applications.

“Asia pacific will dominate the balun transformer market in near future”

APAC will remain the largest segment over the forecast period due to the rising demand for consumer electronics and increasing government spending in the telecom infrastructure of the region.

Major players of balun transformer market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Anaren, MACOM, STMicroelectronics, Pulse Electronics, Murata Electronics, and TDK are among the major balun transformer providers.

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