Common-mode Chokes Market by Type (Data Line, Power Line, Signal Line), Verticals (Aerospace & Defense, Automotive, Commercial, Consumer Electronics, Industrial) and Region - Global Forecast to 2028
Updated on : October 30 , 2023
The Common-mode Chokes Market is projected to grow from USD 629 Million in 2023 to USD 820 Million by 2028; it is expected to grow at a CAGR of 5.4% during the forecast period.
Rising trend towards industrial 4.0 technology worldwide will drive the common-mode chokes market growth in coming years. Increasing demand from automotive and transportation industry and rapid use of common-mode chokes in consumer electronics have allowed the development of common-mode chokes, further strengthening the market growth. Common mode chokes have become more advanced and efficient in recent years. For example, new chokes contain crystalline cores, which are 8–10 times more effective than ferromagnetic and ferrite cores. These cores are also more compact and have a higher frequency range, reaching up to 300 Hz.
The objective of the report is to define, describe, and forecast the common-mode chokes industry based on type, verticals, and region.
Common-mode Chokes Market Forecast to 2028
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Common-mode Chokes Market Dynamics
Drivers: Rising use of common -mode chokes in automotive and transportation applications
Common-mode chokes are frequently used in automotive CAN networks to increase system reliability with respect to electromagnetic compatibility (EMC). Electromagnetic interference created from an electronic control unit (ECU) can be filtered through a CAN transceiver, limiting unwanted high-frequency noise on the communication bus. Another reason for using a common-mode choke is to improve the susceptibility (immunity) of the transceiver to electromagnetic disturbances on the bus. The number of electronic components used in automobiles has increased to a large extent, and strategies against noise are becoming increasingly important to ensure safety. Murata Manufacturing Co., Ltd, along with many other players, has been developing automotive noise-suppression components using its unique winding technology and magnetic material and magnetic circuit design technologies. Common-mode chokes are highly suitable for power lines of electronic control units (for example, in-vehicle LAN, CAN, Ethernet, and CAN bus) in powertrains and automobile safety devices.
Restraints: Performance-related limitation for low-cost common-mode chokes
A common-mode choke is an effective tool for attenuating the noise common to both transceiver bus lines. Chokes provide a high impedance for common-mode signals and a low impedance for differential signals. This increases the transceiver's common-mode rejection ratio (CMRR), ultimately enhancing its ability to minimize the noise in the audio, video, and communication designs. Such chokes are expensive. Though these chokes are effective for filtering without adding a large amount of distortion on high-speed data lines, they incur greater costs. To tackle the cost issues, low-cost common-mode chokes are utilized.
However, the functions of these low-cost chokes limit the magnitude of an over-voltage surge on the bus lines by functioning as a filter. This ultimately affects the performance of the choke.
Opportunities: Increasign use of common-mode chokes in communications applications
A choke is a power magnetics component used in electronic circuits. An inductor blocks a circuit's highfrequency or alternating current (AC) while allowing lower frequencies or direct current (DC). The choke normally consists of an insulated wire wound around a magnetic core. Common-mode chokes can be used in various industries, such as industrial, electronic, and telecommunications, applications such as IEEE1394 lines for PCs, panel links for LCD panels, and countering common-mode noise affecting signals in high-speed lines. One of the global sectors with the fastest growth is telecommunications. Global investments and market growth in the telecommunications sector have increased significantly during the last 10 years. This is largely because of the rising popularity of mobile technology and the rapid adoption of high-speed data services.
Challenges: High complexities related to common-mode chokes
In the current digital world, every electronic and electrical product requires power supplies, switching circuits, and converters to achieve the right amount of power and reliable performance. These digital and switching circuits produce inherent noise, which increases the requirement for common-mode chokes to operate any equipment successfully. Unfortunately, not all filters can operate correctly in applications having high switching speeds, due to which some filters can result in failures. Also, depending on the system application and location, chokes are exposed to electrical disturbances such as voltage surge, voltage distortion, temporary overvoltage, high ripple currents, and lightning strikes. All these electrical disturbances can damage the insulation systems and capacitors of filters.
Power line to witness significant share in the common-mode chokes market
The global market for power line common-mode chokes is primarily being driven by their increasing adoption in SMPS to avoid disturbance in the power line and additional interference in other systems and components connected to power lines. Therefore, factors such as designing and optimizing common-mode chokes with power lines are considered while developing SMPS, which are used in various modern electronic systems owing to their ability to convert power with high efficiency. While switching large currents, SMPS generate a fair amount of electromagnetic noise. The highfrequency noise in other devices in the system degrades the performance of analog and digital signal circuits. This has resulted in the rise of new standards that set acceptable limits for electromagnetic noise levels. Companies operating in SMPS manufacturing must qualify electromagnetic noise limits through proper integration of EMI chokes.
Automotive segment to create lucrative growth opportunities for common-mode chokes during the forecast period
Common-mode chokes help attenuate electromagnetic interference noise that occurs in DC-DC or AC-AC automotive power electronics. They are also optimized for noise filtering of data lines used in vehicle connectivity modules and support Ethernet communication and standard—CAN bus, thereby leading to high adoption of common-mode chokes for reliable data communication in infotainment systems, ECUs (Electronic control units), autonomous driving, ADAS, and other automotive applications. To ensure the intended performance of these automotive systems, EMI and electrostatic discharge must be minimized. Common mode chokes help block these unwanted interferences, allowing unobstructed operation of the CAN bus. Further, the increasing use of electronic and electrical components in an automobile has expanded the scope of the application according to ECE R10 (the UN Regulation on EMC). Therefore, the market players offer common-mode chokes with compact designs, good temperature behavior, and multiple PCB mounting options. In December 2021, KEMET Corporation launched a standard line-up of common-mode chokes. For example, the SCR-XV and SCT-XV series qualified for the automotive AEC-Q200
standard.
Common-mode chokes market to witness the highest demand in APAC region
The growth of the market for common-mode chokes in Asia Pacific can be attributed to the increased investments in deploying industrial automation solutions, robotics, and smart manufacturing. Ongoing technological innovation and increasing adoption of automation technology in various industries have accelerated the demand for common-mode chokes in the region. According to the International Federation of Robotics Report 2022, Asia Pacific holds the world’s largest industrial robot market, such that in 2021, 73% of the newly deployed robots were installed in Asia Pacific. The dense population, the growth in per capita income, and large-scope industrialization and urbanization will create lucrative opportunities for the common-mode chokes market.
Common-mode Chokes Market by Region
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Key Market Players
Major vendors in the common-mode chokes companies include Eaton (Ireland), TDK Corporation (Japan), Murata Manufacturing Co., Ltd (Japan), Schaffner Holding AG (Switzerland), and YAGEO Group (Pulse Electronics) (Taiwan), among others.
Common-Mode Chokes Market Report Scope
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Report Metric |
Details |
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Estimated Market Size |
USD 629 Million in 2023 |
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Projected Market Size |
USD 820 Million by 2028 |
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Growth Rate |
CAGR of 5.4% |
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Market size available for years |
2019—2028 |
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Base year |
2022 |
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Forecast period |
2023—2028 |
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Units |
Value (USD Million/USD Billion), Volume (Million Units) |
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Segments covered |
Type, Verticals, and Geography |
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Geographic regions covered |
North America, Europe, APAC, and RoW |
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Companies covered |
Eaton (Ireland), Schaffner Holdings AG (Switzerland), TDK Corporation (Japan), YAGEO Group (Taiwan), Murata Manufacturing Co., Ltd (Japan), Littelfuse, Inc (US), Schurter (US), Bourns, Inc. (US), Wurth Elektronik GmbH & Co. KG (Germany), TT Electronics (UK), are the major players in the market. |
Common-mode Chokes Market Highlights
This report categorizes the common-mode chokes market based on type, verticals, and geography.
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Aspect |
Details |
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Common-mode Chokes Market, by Type: |
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Common-mode Chokes Market, by Verticals: |
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Common-mode Chokes Market, by Region: |
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Recent Developments
- In July 2022, Littelfuse, Inc. (US) has announced announced the completion of its acquisition of C&K Switches (C&K). C&K is a leading designer and manufacturer of high-performance electromechanical switches and interconnect solutions with a strong global presence across a broad range of end markets, including industrial, transportation, aerospace, and datacom.
- In June 2022, TDK Corporation (Japan) presents three new B8272* series of compact EPCOS SMT common-mode chokes specially developed for low-voltage applications. They sustain voltages of up to 48 V AC (50/60 Hz) and 80 V DC and continuous currents between 1.8 and 19 A at an ambient temperature of 40°C. The new Series covers a range of inductance values between 0.59 and 5.6 mH.
- In June 2022, Yageo Group (Taiwan) has acquired all of the outstanding shares of KEMET Corporation (US) common stock for USD 27.20 per share in an all-cash transaction with an equity value of approximately USD 1.6 billion. As a result of the transaction, KEMET Corporation is now a wholly owned subsidiary of Yageo, and KEMET’s common stock is no longer listed on any public market.
- In May 2022, Schaffner Holding AG (Switzerland) announced the extension of components for lighting applications. The new EMC filter series is designed to meet the requirements of LED driver circuits. Both the chokes have identical footprint and dimensions, offering the same CM inductance level.
Frequently Asked Questions (FAQ):
Which are the major companies in the common-mode chokes market? What are their major strategies to strengthen their market presence?
Eaton (Ireland), TDK Corporation (Japan), Murata Manufacturing Co., Ltd (Japan), Schaffner Holding AG (Switzerland), and YAGEO Group (Pulse Electronics) (Taiwan) are the top players in the market. Product launches and developments, acquisitions, and collaborations, were among the major strategies adopted by these players to compete in the market.
Which is the potential market for common-mode chokes market in terms of the region?
The Asia Pacific is the region with high growth opportunities owing to the conisderabel growth in consumer electronics sector in the region. China is the key exporter and manufacturing hub for several consumer electronic and telecom products. This has generated a huge growth opportunity for common-mode chokes players in the country.
What are the opportunities for new market entrants?
Factors such as increasing adoption of common-mode chokes in communication applications and stringent environment and EMC regulations are accelerating the growth opportunities for common-mode chokes and aids to create new product innovation.
Which applications are expected to drive the growth of the market in the next six years?
Increasing adoption of smart home appliance will also drive the demand of noise filters adding an opportunity for common-mode chokes market. Consumers are becoming increasingly interested in home automation and "Smart Homes" in general. The market demand for smart home appliances is being significantly fuelled by the growing desire for remote operating convenience and energy-efficient systems. Common mode chokes suppress or remove noise on signal lines and power supply cables as well as filter the output, mitigating the noise that would go back on the power line.
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The research process for this study included the systematic gathering, recording, and analysis of data about customers and companies operating in the common-mode chokes market. This research study involved extensive secondary sources, directories, and databases (Factiva, Oanda, and OneSource) for identifying and collecting information useful for this extensive technical, market-oriented, and commercialstudy of the common-mode chokes market. In-depth interviews have been conducted with various primary respondents, including experts from core and related industries and preferred manufacturers, to obtain and verify critical qualitative and quantitative information and assess growth prospects. Key players in the common-mode chokes market have been identified through secondary research, and their market rankings have been determined through primary and secondary research. This research included studying annual reports of top players and interviewing key industry experts, such as CEOs, directors, and marketing executives.
Secondary Research
In secondary research, various sources have been referred to for identifying and collecting information important for this study. Secondary sources included corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers, common-mode choke-related journals, and certified publications; articles by recognized authors; directories; and databases.
Primary Research
In the primary research process, various sources from the supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and key executives from major companies and organizations operating in the common-mode chokes market.
After going through the entire market engineering (which includes calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research has been conducted to gather information and verify and validate the obtained critical numbers. Primary research has been conducted to identify segmentation types, industry trends, key players, competitive landscape, and key market dynamics such as drivers, restraints, opportunities, and challenges, along with the key strategies adopted by players operating in the market.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been used,
along with several data triangulation methods, to estimate and forecast the size of the market and its segments and subsegments listed in the report. Extensive qualitative and quantitative analyses have been carried out on the complete market engineering process to list the key information/insights on the common-mode chokes market.
The key players in the market have been identified through secondary research, and their rankings in the respective regions have been determined through primary and secondary research. This entire procedure involves the study of the annual and financial reports of top players, as well as interviews with industry experts such as chief executive officers, vice presidents, directors, and marketing executives for quantitative and qualitative key insights. All percentage share splits and breakdowns have been determined using secondary sources and verified through primary sources. All parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Common-mode Chokes Market: Bottom-Up Approach
Data Triangulation
After arriving at the overall size of the common-mode chokes market from the market size estimation process explained above, the total market has been split into several segments. Where applicable, the market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Additionally, the market size has been validated using top-down and bottom-up approaches.
Outlook And Growth Common-mode Chokes And Electromagnetic Interference Market
Common-mode chokes are passive electronic components that are used to suppress electromagnetic interference (EMI) in electronic circuits. They work by filtering out unwanted high-frequency signals that can interfere with the proper functioning of the circuit. The global market for common-mode chokes and EMI suppression components is expected to experience significant growth over the next few years, driven by the increasing demand for these components in a wide range of applications.
One of the key factors driving the growth of the common-mode chokes and EMI suppression market is the increasing use of electronic devices and equipment in a wide range of industries. As more and more electronic devices are used in applications ranging from consumer electronics to industrial machinery, the need to suppress EMI becomes increasingly important. Common-mode chokes are an effective and reliable solution for suppressing EMI, and their use is becoming more widespread as a result.
Another factor driving the growth of the market is the increasing use of wireless communication technologies. As more and more devices become wirelessly connected, the risk of EMI and other forms of interference also increases. Common-mode chokes can be used to suppress this interference, making them an essential component in many wireless communication systems.
The market for common-mode chokes and EMI suppression components is also being driven by the increasing focus on energy efficiency and the use of renewable energy sources. Many electronic devices and systems that are used in renewable energy applications require effective EMI suppression, and common-mode chokes are often the component of choice for this purpose.
How Electromagnetic Interference Market Is Going To Impact In Electromagnetic Interference?
The electromagnetic interference (EMI) market is closely related to the common-mode chokes and EMI suppression market, as EMI is one of the primary problems that these components are designed to address. The increasing demand for EMI suppression components is being driven by the growing number of electronic devices and systems that are used in a wide range of industries, including healthcare, automotive, industrial, and consumer electronics.
EMI can cause significant problems in electronic systems, including decreased performance, system malfunction, and even complete failure. As a result, there is a strong demand for effective EMI suppression components, such as common-mode chokes, filters, and shields.
The impact of the EMI market on EMI suppression components is twofold. On the one hand, the growth of the EMI market is driving the demand for EMI suppression components, as more electronic devices and systems are being used in a wider range of industries. On the other hand, the increasing use of EMI suppression components is helping to address the problem of EMI in electronic systems, which in turn is driving the growth of the EMI market by making electronic systems more reliable and effective.
Some Futuristic Growth Use-cases Of Electromagnetic Interference Market?
The electromagnetic interference (EMI) market is expected to continue growing in the future, driven by a range of factors such as the increasing use of electronic devices, the growth of wireless technologies, and the need for improved energy efficiency. Here are some potential growth use-cases of the EMI market:
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Electric and Autonomous Vehicles: The growth of the electric vehicle (EV) market and the development of autonomous vehicles is expected to drive the demand for EMI suppression components. EVs and autonomous vehicles use a wide range of electronic systems that need to be protected from EMI, making EMI suppression components an essential component for the safe and reliable operation of these vehicles.
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Smart Grids and Renewable Energy: The growth of smart grid technology and the use of renewable energy sources such as solar and wind power is expected to drive the demand for EMI suppression components. Electronic systems used in these applications are susceptible to EMI, and EMI suppression components such as filters and shields are required to ensure their reliable and efficient operation.
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Internet of Things (IoT): The growth of the IoT and the increasing number of connected devices is expected to drive the demand for EMI suppression components. IoT devices operate on a wide range of frequencies and are often located in close proximity to one another, making them susceptible to EMI. EMI suppression components such as common-mode chokes and filters are essential to ensure reliable operation of these devices.
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Medical Devices: The increasing use of electronic medical devices, such as pacemakers, defibrillators, and imaging equipment, is expected to drive the demand for EMI suppression components. These devices must operate reliably and safely in the presence of EMI, making EMI suppression components an essential part of their design.
Industries That Will Be Impacted in the Future by Electromagnetic Interference
Electromagnetic interference (EMI) is a problem that can impact a wide range of industries, including healthcare, automotive, aerospace, defense, consumer electronics, and more. Here are some of the industries that are likely to be impacted by EMI in the future:
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Healthcare: Medical devices such as pacemakers, defibrillators, and imaging equipment are susceptible to EMI, which can cause significant problems for patients. As the use of electronic medical devices continues to grow, the need for effective EMI suppression components will become increasingly important.
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Automotive: Electronic systems are becoming more prevalent in modern vehicles, with features such as infotainment systems, advanced driver-assistance systems (ADAS), and electric powertrains all requiring reliable and interference-free operation. EMI can cause issues such as system malfunction or even complete failure, making EMI suppression components an essential part of automotive design.
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Aerospace and Defense: Electronic systems are critical components of modern aerospace and defense systems, from communications equipment to guidance and control systems. EMI can interfere with these systems, compromising their reliability and safety. EMI suppression components are essential for ensuring the safe and reliable operation of these systems.
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Consumer Electronics: The use of electronic devices is becoming more prevalent in our daily lives, with products such as smartphones, tablets, and smart home devices all requiring reliable operation in the presence of EMI. EMI suppression components are an essential part of the design of these products to ensure that they operate reliably and effectively.
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Renewable Energy: As the use of renewable energy sources such as solar and wind power continues to grow, the need for reliable and interference-free electronic systems to manage and control these sources will become increasingly important. EMI suppression components are essential for ensuring the reliable and efficient operation of these systems.
Growth Opportunities and Key Challenges for Electromagnetic Interference in the Future
Growth opportunities for the electromagnetic interference (EMI) market are significant, given the increasing use of electronic systems and the growing need for reliable and interference-free operation of these systems. However, there are also some key challenges that the EMI market will need to address in order to realize its full potential. Here are some of the growth opportunities and key challenges for EMI in the future:
Growth Opportunities:
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Increasing demand for EMI suppression components: As electronic systems become more prevalent in various industries, the demand for EMI suppression components such as common-mode chokes, filters, and shields will continue to grow. This presents a significant opportunity for companies that manufacture and supply these components.
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Emerging markets: The EMI market is still relatively new in many emerging markets, presenting significant growth opportunities for companies that can establish a presence in these markets.
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Smart Grids and Renewable Energy: The growth of smart grid technology and the use of renewable energy sources such as solar and wind power presents significant growth opportunities for the EMI market, as electronic systems used in these applications are susceptible to EMI and require EMI suppression components to ensure reliable and efficient operation.
Key Challenges:
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Complex and evolving EMI standards: There are a wide range of EMI standards that need to be met in different industries, and these standards are constantly evolving as new technologies and applications emerge. Meeting these standards can be a significant challenge for manufacturers and suppliers of EMI suppression components.
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Cost and pricing pressure: The EMI market is highly competitive, and there is significant pressure on manufacturers and suppliers to keep costs low and prices competitive. This can make it difficult to invest in research and development and to maintain high quality standards.
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Design and integration challenges: EMI suppression components need to be integrated into electronic systems in a way that is effective and does not interfere with the overall operation of the system. This can be a significant challenge, particularly in complex systems with multiple electronic components.
Report Objectives
- To define and forecast the size of the common-mode chokes market based on type, vertical, and region, in terms of value and volume
- To describe and forecast the size of the common-mode chokes market in four key regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW), along with their respective countries
- To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the market
- To provide a comprehensive overview of the value chain of the common-mode chokes market ecosystem
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and provide a detailed competitive landscape of the market
- To analyze competitive developments, such as new product launches, acquisitions, collaborations, agreements, and partnerships, in the common-mode chokes market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are vailable for the report:
Product Analysis
- Detailed analysis and profiling of additional market players
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Growth opportunities and latent adjacency in Common-mode Chokes Market