TechNavio recognizes the following companies as the key players in the lobal Transformer Market in the Consumer Electronics Industry: Darfon Electronic Corp., OSRAM Licht AG, and TDK-EPC Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends being witnessed in the market is the increasing miniaturization of transformers. The rapid technological advancements in the market has prompted the Global Transformer market in the Consumer Electronics industry vendors to develop miniaturized transformers. The development of miniaturized products is mainly expected to cater to the growing demand for compact and efficient transformers. The miniature electronic transformers are increasingly being used in compact models of several advanced electronic devices such as smartphones, tablets, and digital cameras. With the decreasing size of electronic gadgets and devices, it is expected that miniaturized transformers will find many application area over the next few years.”
According to the report, one of the major drivers in the market is the increasing adoption of electronic gadgets. The adoption and usage of electronic gadgets such as smartphones, tablets, and laptops are growing at a rapid rate across the globe. Moreover, these devices need chargers and adapters, which use electronic transformers, to provide the desired voltage range for their optimal functioning.
Further, the report states that one of the major challenges in this market is the continuous decline in the mobile phone shipments in the recent past. Many end-users have started to adopt tablets and smartphones, which in turn has affected the growth of mobile phones across the globe.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-transformer-market-consumer-elect…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global Transformer Market in the Consumer Electronics Industry 2012-2017
