MARKET OVERVIEW
Electromagnetic Coil is an electrical conductor such as a wire in the shape of a coil, spiral or helix. Electromagnetic coils are used in electrical engineering, in applications where electric currents interact with magnetic fields, in devices such as electric motors, generators, inductors, electromagnets, transformers, and sensor coils. This report provides a deep insight into the global Electromagnetic Coils market covering all its essential aspects.
MARKET SIZE & GROWTH
• The global Electromagnetic Coils Market was valued at US$ 968 million in 2024.
• It is projected to reach US$ 1.42 billion by 2032.
• The market is expected to grow at a CAGR of 4.9% from 2025 to 2032.
