Research and Markets (http://www.researchandmarkets.com/research/h8c924/global) has announced the addition of the "Global Transformer Market in the Consumer Electronics Industry 2012-2017" report to their offering.
The analysts forecast the Global Transformer market in the Consumer Electronics industry to grow at a CAGR of 11.37 percent over the period 2012-2017. One of the key factors contributing to this market growth is the increasing adoption of electronic gadgets. The Global Transformer market in the Consumer Electronics industry has also been witnessing the increasing miniaturization of transformers. However, the continuous decline in the mobile phone shipments in the recent past could pose a challenge to the growth of this market.
Key vendors dominating this space include Darfon Electronic Corp., OSRAM Licht AG, and TDK-EPC Corp.
Other vendors mentioned in the report are API Delevan Inc., BI Technologies Corp., Caddell-Burns Manufacturing Co., Inc., Datatronic Distribution Inc., Houston Transformer Co., Ltd, Pulse Electronics Corp., and Taiyo Yuden Co., Ltd.
Commenting on the report, an analyst from the 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 areas 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.
For more information visit http://www.researchandmarkets.com/research/h8c924/global
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