Telecom Transformers Market to Reach $5.7 Billion, Globally, by 2031 at 4.1% CAGR: Allied Market Research

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Drivers, Restraints, and Opportunities

The increase in the demand for high-speed internet, the surge in adoption of 5G technology, the rise in investments on telecom transformers from both governments and private players, the rise in adoption of IoT and connected devices drive the telecom transformers market. However, the highly competitive nature of the industry which leads to pricing pressure and affect the profitability of companies operating in the space are likely to hinder the market growth during the forecast period. On the other hand, the rise in smart grid infrastructure is expected to provide new growth opportunities for the global telecom transformers market in the future.

Covid-19 Scenario

The SMD Segment to Dominate the Market during the Forecast Period

Based on package type, the SMD segment contributed to the largest share of nearly three-fifths of the global telecom transformers market in 2021 and is expected to maintain its dominance during the forecast period. The increase in demand for more compact transformers that can be mounted directly onto the surface of a printed circuit board (PCB) is driving the growth of segment. The DIP segment, however, is projected to witness the fastest CAGR of 4.9% from 2022 to 2031. The increase in demand for new telecom infrastructure to support the rollout of 5G networks is expected to drive the growth of the segment.

The Tape and Reel Segment to Grab the Lion's Share during the Forecast Period

Based on packing method, the tape and reel segment grabbed the highest share of more than two-fifths of the telecom transformers market in 2021 and is expected to dominate the market in 2031. The same segment, moreover, would witness the fastest CAGR of 4.7% from 2022 to 2031. Tape reel packing method provides good protection to transformers during transport, as the tape helps to hold the transformer securely in place and prevent it from shifting or getting damaged. Moreover, tape reel packing is of relatively low cost and simpler compared to other packing methods. 

Asia-Pacific to Garner the Largest Revenue by 2031

Based on region, the market in Asia-Pacific was the largest in 2021, accounting for nearly two-fifths of the global telecom transformers market and is likely to maintain its dominance during the forecast timeframe. The increase in the adoption of renewable energy sources, such as solar and wind power to power telecom infrastructure is one of the primary factors driving the growth of the market in this region. However, the market in North America is likely to show the fastest CAGR of 5.4% during the forecast period. This is due to the increase in the demand for high-speed internet and data connectivity, particularly in the urban areas in the region.

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Leading Market Players

The report analyzes these key players of the global telecom transformers market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

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Key Benefits For Stakeholders:

Telecom Transformers Market Key Segments:

Package Type

Packing Method

By Region

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