The devices, which use electrical induction coils for the same purpose as the conventional conductive wound devices are called coil wound devices. The coil is employed to produce a small but powerful magnetic field around electrical devices like generators and motor. The electrical current passing through the coil is induced into the metallic core, where it is turned into magnetic energy, which is then induced as well into the device that needs to be energized. The magnetic energy induced in the device is converted into electrical current that is then transferred through the device's metallic core. This process is referred to as induction.

The concept of coil wound devices was developed around 18lain in the late 19th century. After World War II, many manufacturing companies started developing global devices which used the concept of induction. The first generation of these devices was unable to generate sufficient magnetic energy for the efficient induction of a large number of electrical currents. The concept of increasing the current capacity of the device resulted in the development of more efficient electrical induction systems. Thus, they started replacing the earlier versions of global devices which were inefficient in their operation.

The third generation of the coil wound devices came into existence after the Second World War. They were manufactured by the Amtek Company of America and they are still popular even today. The third generation devices are also manufactured by the Standex Electronics Company of America. The advantages of using coil wound devices in conjunction with stand exchangers are numerous.

Upcoming demand of electrical devices to rise

First of all, increasing demand for electrical appliances has led to an increase in demand for electrical engineering services as well. This explains the rise in the demand for qualified professionals such as designers, manufacturers, installers, and dealers. In addition, the third generation global coil wound devices market is witnessing a rapidly growing demand for electrical engineers from various industries. Thus, there are numerous opportunities for qualified professionals in this highly dynamic industry.

The increasing demand for electronic devices is dictated by several factors. One of them is the increasing need for information technology infrastructure in various industries. It is no longer possible for large corporations to remain competitive in the past. Due to the introduction of information technology, large corporations have been forced to either reduce costs and/or reduce the workforce in order to remain financially stable.

Aging Power Infrastructure in the USA and the UK is a major factor behind the increasing demand for electrical engineering services. In the USA, the aging power infrastructure is resulting in reduced electricity demand. At the same time, the increasing demand for non-conventional electricity sources is resulting in increasing demand for qualified professionals in the field of non-conventional electrical engineering. As a result, the number of jobs in the field of non-conventional power infrastructure has increased steadily over the last two years. Thus, it is not surprising that there has been a significant increase in the number of job openings for electrical engineers in the United States and the United Kingdom.

Another factor driving the demand for electrical engineers is the increasing demand for integrated circuit designers in various industrial sectors across the world. Among all the components required in the design of electrical devices, the most used components are solenoids. Solenoids are used widely in the manufacturing of coil wound devices in various industries such as refrigeration, pharmaceuticals, chemicals, pharmaceutical drug products, food and beverage, energy, pharmaceuticals, aerospace and defense, personal and household, textile and related products, and medical devices.

Coil wound devices market is also witnessing a parallel growth in the transformer segment. This is due to the fact that the demand for transformer units is on the rise in various industries across the world. The increasing demand for transformer units is also due to the growing demand for efficient and reliable transformers in various industries such as heating and cooling, power, gas and oil, and chemical industry.