Common Mode Choke Market Research Report By Type (Single-Line Chokes, Multi-Line Chokes), By Inductance (Less than 10 mH, 10-100 mH, Greater than 100 mH), By Current Rating (Less than 1 A, 1-10 A, Greater than 10 A), By Application (Power Electronics, Telecommunications, Automotive), By End-User Industry (Electronics Manufacturing, Aerospace & Defense, Medical) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032

Global Common Mode Choke Market Overview:

The Common Mode Choke Market Size was estimated at 629.1 (USD Million) in 2023. The Common Mode Choke Market Industry is expected to grow from 637.54 (USD Million) in 2024 to 1106.34 (USD Million) by 2032. The Common Mode Choke Market CAGR (growth rate) is expected to be around 5.6% during the forecast period (2024 - 2032).

Key Common Mode Choke Market Trends Highlighted

The global common mode choke market witnesses continuous advancements, driven by the rising demand for electronic devices and the need to suppress electromagnetic interference (EMI). The increasing adoption of high-frequency applications, such as 5G networks and electric vehicles, further propels the demand for effective EMI filtering solutions.Key factors propelling the market's growth include the stringent regulatory requirements for EMI compliance, the growing adoption of IoT devices, and the advancements in power electronics. Additionally, the increasing emphasis on energy efficiency and the rising consumer awareness about the detrimental effects of EMI on electronic devices drive market expansion.

The market exhibits a trend towards miniaturization, with manufacturers focusing on developing smaller and lighter chokes without compromising performance. Technological advancements, such as the use of new materials and innovative designs, are enabling the production of more compact and efficient common-mode chokes.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Common Mode Choke Market Drivers

Increasing Demand for Electronic Devices

The proliferation of electronic devices, such as smartphones, laptops, and tablets, has led to a surge in demand for common-mode chokes. These devices are susceptible to electromagnetic interference (EMI), which can cause performance issues, data corruption, and even device failure. Common mode chokes effectively suppress EMI, ensuring the reliable operation of electronic devices. The growing adoption of electronics in various industries, including consumer electronics, automotive, and industrial automation, is expected to drive the demand for common mode chokes over the coming years.

Advancements in Power Electronics

The Global Common Mode Choke Market Industry is witnessing significant growth due to advancements in power electronics. The increasing use of power electronics in renewable energy systems, electric vehicles, and industrial applications has created a need for efficient and reliable EMI suppression solutions. Common mode chokes play a crucial role in reducing conducted EMI in power electronic circuits, ensuring the efficient operation of these systems.

Growing Adoption of Wireless Technologies

The rapid adoption of wireless technologies, such as 5G and Wi-Fi 6, is driving the demand for common mode chokes. These technologies operate at higher frequencies and generate more EMI, making it essential to employ effective EMI suppression techniques. Common mode chokes are widely used in wireless devices and infrastructure to reduce EMI and improve signal quality, ensuring seamless connectivity and data transmission.

Common Mode Choke Market Segment Insights:

Common Mode Choke Market Type Insights

The global common mode choke market is segmented by type into single-line chokes and multi-line chokes. Single-line chokes are designed to handle a single line of data or power, while multi-line chokes can handle multiple lines. Multi-line chokes are typically used in applications where there is a need to reduce common mode noise on multiple lines, such as in power supplies and telecommunications equipment. The Global Common Mode Choke Market for single-line chokes grew from USD 2.6 billion in 2023 to USD 4.5 billion by 2032, at a CAGR of 7.2%.The market for multi-line common mode chokes grew from USD 3.1 billion in 2023 to USD 7.5 billion by 2032, at a CAGR of 11.3%. The growth of the single-line common mode choke market is being driven by the increasing demand for these devices in consumer electronics and industrial applications. Single-line common mode chokes are used to reduce common mode noise in power supplies, audio equipment, and other electronic devices. The growth of the multi-line common mode choke market is being driven by the increasing demand for these devices in telecommunications and data center applications.Multi-line common mode chokes are used to reduce common mode noise on multiple lines, which can improve the performance of telecommunications and data center equipment. The key players in the global common mode choke market include Wrth Elektronik, TDK, Coilcraft, and Vishay Intertechnology. These companies offer a wide range of common mode chokes for a variety of applications. The market is also characterized by the presence of a number of smaller regional players.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Common Mode Choke Market Inductance Insights

Inductance Segment Overview and Insights The inductance segment plays a critical role in the Global Common Mode Choke Market. Based on inductance, the market is divided into three subsegments: 'Less than 10 mH', '10-100 mH', and 'Greater than 100 mH'. The 'Less than 10 mH' subsegment held a significant revenue share in 2023, owing to its wide application in low-power electronic devices and telecommunication systems. The '10-100 mH' subsegment is projected to witness significant growth over the forecast period, driven by rising demand for high-performance power supplies and motor drives.The 'Greater than 100 mH' subsegment is expected to experience steady growth, catering to the increasing adoption of common mode chokes in industrial automation and renewable energy systems. Overall, the inductance segment is poised for continued growth, fueled by the expanding electronics and electrical industries.

Common Mode Choke Market Current Rating Insights

The Global Common Mode Choke Market is segmented by Current Rating into Less than 1 A, 1-10 A, and Greater than 10 A. The 1-10 A segment held the largest market share in 2023, accounting for around 45% of the global market. This is due to the increasing demand for common mode chokes in power supplies and other electronic devices that operate in the 1-10 A current range. The Less than 1 A segment is expected to grow at a CAGR of 9.5% from 2024 to 2032, reaching a market size of USD 1.2 billion by 2032. The Greater than 10 A segment is expected to grow at a CAGR of 8.5% from 2024 to 2032, reaching a market size of USD 2.4 billion by 2032.These segments are expected to continue to grow due to the increasing demand for common mode chokes in various applications, including automotive, industrial, and consumer electronics.

Common Mode Choke Market Application Insights

The growth of the market can be attributed to the increasing demand for common mode chokes in power electronics, telecommunications, and automotive applications. In power electronics, common mode chokes are used to suppress conducted electromagnetic interference (EMI) and improve power quality. The growing demand for power electronics in industries such as renewable energy, electric vehicles, and data centers is driving the growth of the common mode choke market in this segment. In telecommunications, common mode chokes are used to prevent interference between different communication lines.The increasing adoption of high-speed communication networks and the growing demand for data centers are expected to drive the growth of the common mode choke market in this segment. In automotive applications, common mode chokes are used to reduce EMI in automotive electronic systems. The increasing adoption of electronic systems in vehicles, such as infotainment systems, navigation systems, and driver assistance systems, is expected to drive the growth of the common mode choke market in this segment.

Common Mode Choke Market End-User Industry Insights

The End-User Industry segment plays a crucial role in shaping the Global Common Mode Choke Market revenue outlook. Electronics Manufacturing, Aerospace Defense, and Medical sectors are prominent end-user industries for common mode chokes. In 2023, the Electronics Manufacturing segment held a substantial share of the market, owing to the growing demand for electronic devices such as smartphones, laptops, and tablets. The Aerospace Defense industry is expected to witness significant growth in the coming years due to increased investments in defense spending and technological advancements.Moreover, the Medical industry is projected to contribute to the market growth, driven by the rising adoption of medical devices and the need for electromagnetic interference (EMI) suppression in healthcare settings. These end-user industries present immense opportunities for the Global Common Mode Choke Market, and manufacturers are constantly innovating to meet the specific requirements of each sector, thereby contributing to the overall market growth.

Common Mode Choke Market Regional Insights

The regional segmentation of the Global Common Mode Choke Market offers valuable insights into the market's geographical distribution and growth patterns. North America holds a significant market share, driven by the presence of major technology hubs and a high demand for electronic devices. Europe follows closely, with a robust industrial sector and a focus on energy efficiency. The APAC region is projected to witness substantial growth, fueled by the rapid urbanization and industrialization in countries like China and India. South America and MEA represent emerging markets with growing potential, driven by increasing infrastructure development and government initiatives.Overall, the Global Common Mode Choke Market is expected to maintain a steady growth trajectory across all regions, contributing to its overall market expansion.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Common Mode Choke Market Key Players And Competitive Insights:

Major players in the Common Mode Choke Market are constantly striving to gain a competitive edge by introducing innovative products and technologies. Leading Common Mode Choke Market players are investing heavily in research and development to enhance the performance and efficiency of their products. Collaboration and partnerships are also becoming increasingly common in the Common Mode Choke Market industry as companies seek to capitalize on complementary strengths and expand their market reach. The competitive landscape is expected to remain dynamic, with new entrants and mergers and acquisitions shaping the industry's future.Murata Manufacturing Co., Ltd., a leading player in the Global Common Mode Choke Market, is known for its wide range of Common Mode Choke Market products and its commitment to innovation. The company has a global presence with manufacturing facilities in Japan, China, Southeast Asia, and the Americas. Murata's Common Mode Choke Market products are used in a variety of applications, including automotive electronics, industrial equipment, and consumer electronics. The company's focus on quality and reliability has earned it a strong reputation in the industry.TDK Corporation, another major player in the Global Common Mode Choke Market, is a leading manufacturer of electronic components and materials. The company's Common Mode Choke Market products are known for their high performance and reliability. TDK has a global presence with manufacturing facilities in Japan, China, Southeast Asia, and Europe. The company's Common Mode Choke Market products are used in a variety of applications, including automotive electronics, industrial equipment, and consumer electronics.

Key Companies in the Common Mode Choke Market Include:

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  Nissei Electric

  
  


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  Chilisin Electronics

  
  


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  Pulse

  
  


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  KEMET

  
  


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  FERROXCUBE

  
  


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  EPCOS

  
  


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  Taiyo Yuden

  
  


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  Inductors Inc

  
  


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  Vishay Intertechnology

  
  


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  Coilcraft

  
  


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  HangXuan

  
  


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  avx

  
  


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  Bourns

  
  


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  TDK Corporation

  
  

Common Mode Choke Industry Developments

The Global Common Mode Choke Market is projected to reach USD 12.6 billion by 2032, exhibiting a CAGR of 9.23% during the forecast period (2023-2032). Increasing demand for electronic devices, growing adoption of electric vehicles, and rising concerns over electromagnetic interference (EMI) are driving market growth. Asia-Pacific is expected to hold the largest market share due to the presence of major electronics manufacturers. Key industry participants include TDK, Murata Manufacturing, and Wrth Elektronik eiSos. Recent developments include the launch of new products with enhanced performance and the expansion of manufacturing facilities to meet growing demand.

Common Mode Choke Market Segmentation Insights

Common Mode Choke Market Type Outlook

• Single-Line Chokes


• Multi-Line Chokes

Common Mode Choke Market Inductance Outlook

• Less than 10 mH


• 10-100 mH


• Greater than 100 mH

Common Mode Choke Market Current Rating Outlook

• Less than 1 A


• 1-10 A


• Greater than 10 A

Common Mode Choke Market Application Outlook

• Power Electronics


• Telecommunications


• Automotive

Common Mode Choke Market End-User Industry Outlook

• Electronics Manufacturing


• Aerospace Defense


• Medical

Common Mode Choke Market Regional Outlook

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  North America

  
  


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  Europe

  
  


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  South America

  
  


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  Asia-Pacific

  
  


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  Middle East and Africa