Board Mounted Transformer in Aerospace & Defense Market is predicted to reach USD 2,648.4 million at a CAGR of 4.83% during the forecast period 2023-2030

Market Research Future (MRFR) has published on the “Global Board Mounted Transformer in Aerospace & Defense Market”.

The Board Mounted Transformer in Aerospace & Defense market is estimated to register a CAGR of 4.83% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the global Board Mounted Transformer in Aerospace & Defense market—Schott Magnetics (US), STC, Incorporated (US), Creative Hi-Tech Ltd. (US), Pacific Transformer (US), Miracle Electronics (India), Lenco Electronics (US, E Craftsmen Corporation (Canada), Galaxy Transformers (US), Standex Electronics, Inc (US), Custom Coils (US), Gowanda electronics (US), Bel Fuse Inc. (US).

Board Mounted Transformer in Aerospace Defense Market Highlights

The global Board Mounted Transformer in Aerospace & Defense market is accounted for to register a CAGR of 4.83% during the forecast period and is estimated to reach USD 2,648.4 million by 2030.

The missiles application in the global board-mounted transformer in the aerospace and defense market refers to the integration of board-mounted transformers in missile systems. These transformers are essential components that facilitate the conversion and transmission of electrical power to power various subsystems within the missile. There are several drivers behind the increased demand for board-mounted transformers in the missiles segment of the aerospace and defense industry. 

Firstly, advancements in missile technology have led to the development of more sophisticated and precise missiles, which require highly efficient and compact power electronics components like transformers. Secondly, the growing focus on miniaturization and lightweight designs in missile systems necessitates the use of small-sized transformers. 

Additionally, the increasing deployment of unmanned and autonomous missile systems requires reliable transformers to ensure optimal electrical power distribution. Lastly, the continuous innovation and integration of advanced electronics in missile systems drive the demand for board-mounted transformers to meet the increasing power requirements and ensure efficient operation.

Segment Analysis

The global Board Mounted Transformer in Aerospace & Defense market has been segmented based on Type, Application, Voltage and Region.

The global Board Mounted Transformer in Aerospace & Defense Market segmentation, based on Type has been segmented as Toroidal Transformers, Flyback, Other. Among these, the Toroidal Transformers segment is anticipated to dominate the global Board Mounted Transformer in Aerospace & Defense market revenue through the projected period as estimated by MRFR analysts.

The key drivers behind the adoption of toroidal transformers in this market are their ability to provide efficient power conversion in limited space, their high tolerance for harsh operating conditions, and their excellent electrical performance. Additionally, their low weight and compactness make them ideal for aerospace applications where size and weight restrictions are crucial. These factors make toroidal transformers a popular choice in Aerospace & Defense applications.

In the Application segment, the market is categorized as Aircraft, Missile and Others. Out of which the Aircraft segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well.  

The rising focus on fuel efficiency and weight reduction drives the need for lightweight and space-saving transformer solutions. Additionally, the increasing demand for unmanned aerial vehicles (UAVs) and the integration of sophisticated defense systems require high-performance transformers. Lastly, the continuous advancements in power electronics and the pursuit of enhanced electrical system performance further fuel the demand for board-mounted transformers in the aerospace and defense industry.

The global Board Mounted Transformer in Aerospace & Defense Market segmentation, based on Voltage has been segmented as Low Voltage, Medium Voltage, High Voltage. Among these, the High Voltage segment is anticipated to dominate the global Board Mounted Transformer in Aerospace & Defense market. 

The drivers for the demand of high voltage board-mounted transformers include the increasing need for high-power applications, such as propulsion systems and high-energy weapon systems, the demand for efficient power conversion and distribution, the integration of advanced electrical and electronic systems in aerospace and defense, and the continuous advancements in power electronics technology, enabling the development of efficient and compact high voltage transformer solutions to meet the power demands of these systems.

Regional Analysis

By Region, the Board Mounted Transformer in Aerospace & Defense market is segmented into North America, Europe, Asia Pacific and RoW. The Asia Pacific Board Mounted Transformer in Aerospace & Defense market holds a considerable market share and is also forecasted to hold the largest share during the forecast period. The market is witnessing increased collaboration between manufacturers and defense organizations to develop customized solutions that meet the specific requirements of advanced avionics systems, further propelling the growth of the board-mounted transformer in aerospace and defense market in the Asia-Pacific region.

Key Findings of the Study

• The global Board Mounted Transformer in Aerospace & Defense market is expected to reach USD 2,648.4 million by 2030, at a CAGR of 4.83% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on Type, the Toroidal Transformers segment was attributed to holding the largest market in 2022.


• Based on Application, the Aircraft segment was attributed to holding the largest market in 2022.


• Based on Voltage, the High Voltage segment was attributed to holding the largest market in 2022.


• Schott Magnetics (US), STC, Incorporated (US), Creative Hi-Tech Ltd. (US), Pacific Transformer (US), Miracle Electronics (India), Lenco Electronics (US, E Craftsmen Corporation (Canada), Galaxy Transformers (US), Standex Electronics, Inc (US), Custom Coils (US), Gowanda electronics (US), Bel Fuse Inc. (US) are the key market players.