Global Coupled Inductor Market Size, Share, Growth Analysis, By Phase(Single Phase and Multi-Phase), By Application(Converters, Transformers), By End User(Electronics and Electrical, Telecommunication) - Industry Forecast 2024-2031

Coupled Inductor Market Drivers

Rapidly Growing Electronic and Telecommunication Sector is Demanding Coupled Inductors

• The growing electronics industry is anticipated to propel the coupled inductor market ahead. The worldwide electronics market has experienced significant shifts over the last twenty years, particularly in countries such as China, India, and Japan. The need for semiconductor and inductors has significantly increased with the widespread use of consumer electronics, medical technology, and home appliances. Moreover, the need is expected to rise due to significant investments in R&D, technological development, and automation. The sector is also influenced by the increasing use of the Internet of Things (IoT) and artificial intelligence (AI). As a result, the global coupled inductor's demand is expected to grow greatly in the coming years along with the development of the electronics industry, driving the growth of its market.

• The demand for IT and telecom services has significantly increased during the past few years. The coupled induction market is expanding as a result of growing digitalization, increased reliance on cloud services, or upgraded IT infrastructure, all of which are contributing to the expansion of the IT/Telecom sector. The need for linked inductors, which serve to increase hardware efficiency and durability, is rising as a result of growing investments and advances in the sectors of communications and information technology.

Coupled Inductor Market Restraints

Design Complexity to Hinder Market Growth

• The demand for conventional cars is decreasing as electric and autonomous vehicle adoption rates rise. The linked inductors have been affected by all this.

• Coupled inductors can be more challenging to engineer and make, which might prohibit them from being extensively used in specific fields or applications.