Inductor Market

Inductor Market Size, Share, Growth Analysis, By Type(Multilayered, Film Type), By Inductance(Variable Inductors, Fixed Inductors), By Core Type(Iron Core, Ferromagnetic Or Ferrite Core), By Application(Power Applications, General Circuits), By End User(Transmission And Distribution, Automotive), By Geography(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG20D2129 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Inductor Market Insights

Market Overview:

The global inductor market has shown impressive growth, with a market size of USD 12.6 billion in 2022 and a projected value of around USD 23.81 billion by 2032. This growth is attributed to a strong compound annual growth rate (CAGR) of 6.56% expected from 2023 to 2032. The market's expansion is driven by various factors, including the increasing demand for inductors in consumer electronics, automotive applications, renewable energy systems, and industrial automation. The Asia-Pacific region played a significant role in this growth, contributing more than 37% of the revenue share in 2022. This can be attributed to the region's flourishing electronics manufacturing industry, a rise in infrastructure development, and the growing adoption of advanced technologies. As the Asia-Pacific region continues to witness economic growth and technological advancements, it is expected to maintain its prominence in the inductor market throughout the forecast period. Additionally, as industries across the globe increasingly rely on inductors for efficient power management and electromagnetic compatibility, the market is likely to witness further expansion and innovation in product offerings to meet evolving demands.

Inductor Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Electrical Components & Equipment by segment aggregation, the contribution of the Electrical Components & Equipment in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Inductor Market is segmented by Type, Inductance, Core Type, Application, End User, Geography. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Inductor Market Basis Point Share Analysis, 2021 Vs. 2028
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  • Based on Type the market is segmented as, Multilayered, Film Type, Molded, Wire Wound
  • Based on Inductance the market is segmented as, Variable Inductors, Fixed Inductors
  • Based on Core Type the market is segmented as, Iron Core, Ferromagnetic Or Ferrite Core, Air Core
  • Based on Application the market is segmented as, Power Applications, General Circuits, High-Frequency Applications
  • Based on End User the market is segmented as, Transmission And Distribution, Automotive, Military And Defense, Consumer Electronics, Industrial, RF And Telecommunication
  • Based on Geography the market is segmented as, North America, Europe, Asia-Pacific, Latin America, The Middle East and Africa, KEY MARKET PLAYERS, Murata Manufacturing Co., Ltd., TDK Corporation, SANYO Electric Co., Ltd., Vishay Intertechnonogy Inc., Chilisin Electronics Corp., Houston Transformer Company, Ltd., Taiyo Yuden Co., Ltd., TT Electronics, Delta Electronics, Inc., ABC Taiwan Electronics Corporation, Panasonic Corporation, Coilcraft, Inc., TOKIN Corporation, Pulse Electronics Corporation, Texas Instruments Incorporated, Shenzhen Sunlord Electronics Co., Ltd., Sumida Corporation., Gowanda Electronics, Ourns, Inc., Ice Components, Inc., KEMET, AVX Corporation

Regional Analysis:

Inductor Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Inductor Market Attractiveness Analysis, By Region 2020-2028
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Inductor Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Inductor Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Inductor Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Inductor Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Inductor Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • sights
  • The global inductor market size was exhibited at USD 12.6 billion in 2022 and is projected to hit around USD 23.81 billion by 2032, growing at a CAGR of 6.56% from 2023 to 2032. The Asia-Pacific generated more than 37% of the revenue share in 2022.
  • Market Overview
  • Regional revenue generation consists of significant infrastructure, economic growth and financial development. Additionally, export and import, domestic production, and consumption patterns have aided market participants in identifying and seizing opportunities. The quantitative and qualitative parameters included in the report, with in-depth analysis, also highlight the market's motivating and inhibiting factors. The increase in developments and innovations in consumer electronic products are significant factors anticipated to propel the expansion of the inductor market during the forecast period. Further expected growth drivers for the inductor market include the popularity of smart homes and smart city homes, which call for energy-efficient electronic and electrical systems. Additionally, it is predicted that advancements in telecommunication and chip integration will temper market growth for inductors. On the other hand, it is further anticipated that variations in the price of raw materials, particularly copper, will impede the expansion of the inductor market during the timeline period. Additionally, as the demand for wireless and connected devices rises, there may be more chances for the inductor market to expand in the years to come. The future expansion of the inductor market, however, may be further hampered by the increased complexity brought on by inductors' miniaturisation.
  • Market Dynamics:
  • Driver:
  • Consumer electronic products are developing and innovating more frequently.
  • Consumer electronics is a dynamic industry and is changing quickly, with increasing levels of market competitors in the market and game-changing technological advancements. The features and quality of buyer electronic device products are improving thanks to these technological advancements and innovations. Additionally, they are anticipated to increase the overall volume of inductors used in the consumer electronics sector. Due to their small size, power inductors, high current capacity, and favourable DC characteristics are used more frequently in consumer electronics. The consumer electronics industry uses other inductor types, including air-core inductors, RF inductors, and multi-layered inductors. The adoption of inductors has been accelerated by manufacturers' increased focus on new technologies and the popularity of key emerging technologies like the Internet of Things (loT) and artificial intelligence (AI). The expansion of the inductor market has also been fueled by the incorporation of network technologies like GSM, LTE, 3G, 4G, and 5G in numerous electronic products.
  • Restraint:
  • Raw materials' fluctuating costs, particularly those of copper
  • Due to characteristics like high electrical connectivity and significant power losses, inductors are typically constructed from iron, copper, and ferrite. Copper has excellent mechanical and thermal properties, which is why copper coils are used. The production of inductors frequently uses this as a raw material. The copper line thickness must be kept to a minimum, and the metal pattern density must be as consistent as possible when producing inductors. Any hiccups in a region's mining operations can significantly impact copper prices worldwide. Landslides and other natural disasters are relatively common in mining regions, as are frequent mine worker strikes. Weather, season, political unrest, and transportation problems can reduce regional supplies and raise copper prices.
  • Opportunity:
  • Increasing use of electric vehicles
  • The production of electric vehicles has increased significantly in recent years and is anticipated to do so even more in the years to come. The rate of electronic vehicle development has also increased considerably. Since more people are driving electric cars, advanced driver assistance systems and connected vehicles will become more common, expanding the usage of electronic components. Many significant automakers and recently emerging automakers have increased the volume of electric vehicle production in response to increasingly stringent environmental regulations, which are anticipated to increase the requirement for passive components. These electric cars run on Al and loT and are outfitted with cutting-edge technology. In the upcoming years, it is anticipated that demand for inductors will rise as electric vehicles become more widely used.
  • Challenge:
  • Growing complexity as a result of inductors' miniaturisation
  • The products' dimensions are shrinking steadily, and their corresponding functions are improving. The shape of mobile devices that offer sophisticated, complex processes is continuously decreasing. Reduced shape and thickness are required for these devices, including smartwatches, wristband-style wearables, and loT devices like sensor network devices. These devices also need highly efficient power supply circuits for longer operating times. Wearables like smartwatches are becoming smaller and thinner, which has resulted in a rise in the usage of multi-core processors and faster processors for better performance. This makes it possible for all components, including inductors, to become smaller. Therefore, it is also necessary to reduce the size of multi-layered chip inductors while maintaining high Q ratings. However, keeping tolerances dimensional and long-term reliability gets more complicated as feature sizes decrease. PDAs, Wireless handsets, and other portable electronic devices are continuously getting smaller and more complicated to use. As a result, they present design difficulties because the originally rated current and DC resistance must remain unchanged when an inductor's size is reduced. However, it becomes more challenging to maintain long-term reliability and dimensional tolerances as feature sizes decrease.
  • Segment Insights:
  • Type Insights
  • Many stacked coils that are wound around the core make up multilayer inductors. These inductors have a high inductance level because there are many layers of insulation separating them, which raises demand for the product based on different use cases and increases sales of the product.
  • Inductance Insights
  • Inductors will increasingly be used in automotive electronics, and demand for passive electronic components will rise quickly. On the other hand, this market will experience slow growth due to factors like inconsistent raw material price changes. Variable inductors' advantages of lightweight and compact size have increased their popularity inside TVs and radios, which has ultimately opened up a potential application for them and will create new market opportunities. The Fixed Inductor is a passive electronic component for magnetic field-based energy storage. The turns are fixed in position for one another due to the way the coils are wound in the fixed inductor. To separate different frequency signals, fixed inductors are used in electronic filters. They are also combined with capacitors to create tuned circuits that tune TV receivers and radios. These parts are widely used in many sectors, including the power, military & defence sector, automotive, consumer electronics, and Radio Frequency & telecommunication.
  • Core Type Insights
  • Iron core and air core inductors have the low-frequency operation, higher losses, and low inductance. However, they have high permeability, fixed value, and high inductance, ferrite core inductors. As a result, ferrite core inductors are widely used and regarded as a superior solution to overcome this issue.
  • Application Insights
  • The rise of hybrid and battery-powered technologies in the automotive sector can be used to justify the demand for power inductors because these advancements would necessitate more ECUs. The power inductors' excellent packaging and saturation properties are ideal for supplying the growing demand for powertrain technology. Computers, Mobile phones, and telecommunications equipment can all use the newly released power inductors from the Lmax series. The market for power inductors will increase due to their numerous applications across numerous industry sectors. For general circuits, various kinds of inductors are utilised. Filters and oscillators are standard components in circuits. Car audio systems, Car navigation systems, and body control equipment like wipers and power windows are additional examples of general circuits. Analog circuit filters and signal processing filters are frequently made with inductors, resistors, and capacitors. An inductor alone can function as a low-pass filter because its impedance rises as a signal's frequency increases. Combining capacitors and inductors can be used to create oscillators. The LC oscillator is one of the most popular oscillator types, producing a continuous periodic waveform. Since they are simple to use and have excellent phase noise characteristics, LC oscillators are frequently utilised in radio-frequency circuits.
  • End User Insights
  • Automotive inductors are constructed from a coil winding with two terminals through which flux is passed. The inductive current is a function of the flux density through the coil. A current is induced in the coil by flux passing through it, causing a voltage drop around the coil. One of the key factors driving the market growth for automotive inductors is their current regulation feature, which stabilises the electric circuits in cars. The design of high-end inductors that function under harsh temperature conditions without suffering appreciable downtime represents an important development in the market for automotive inductors. As a result, the market for automotive grade induction will experience rapid growth. This raises the productivity level of the vehicle parts.
  • Regional Insights
  • Asia-Pacific accounted for a sizeable portion of the global market, roughly 37% in the regional analysis of the worldwide inductor market. Furthermore, it is anticipated that the Asian market will likely maintain its dominance for a predetermined amount of time. This area is renowned for housing a sizable concentration of consumer electronics producers. Additionally, these inductors are crucial in producing consumer devices and automobiles. Due to increased investment in the consumer automotive and electronics industries by nations like China, South Korea, India, and Japan, the inductor market in this region has seen a significant increase in demand for its products. The North American inductor market, which accounts for roughly 28.93% of global sales, is the second-largest after the Asia-Pacific region. The rapid expansion of industrial automation, the rising adoption of smartphones and tablets & tablets, and the existence of an already well-established ICT industry are the main factors propelling the increase in the target market in this region.
  • Recent Developments:
  • February 2022- With the addition of two new automotive-grade high current shielded inductors series, Bourns Inc. increased the mechanical resistance for challenging vibration application environments. Shielded inductors of the Model SRP1038WA and SRP1265WA series feature a wider side terminal lead frame that can withstand peak vibrations. The two series offered a small package, an extensive operating temperature range of -55 to + 165 °C, a high saturation current, a low buzz noise, a low DC, a low DC resistance, resistance, and excellent temperature stability. These inductors are perfect for power management and EMI filtering in a variety of consumer, automotive, industrial, and telecom electronics applications.
  • August 2021- A brand-new line of chip inductors with a high Q value and a small size was unveiled by Bourns Inc. In comparison to multilayer or film technology, the CWF1610 and CWF2414 chip inductors' wire wound construction improved their performance characteristics for DC power line applications and RF signal processing.
  • June 2020- In order to meet the high demand for inductor for notebooks and 5G smartphones, Chilisin Electronics Corp (VAGEO Corporation) increased capacity. With regard to small-size moulding chokes, the company has increased capacity to 600 million units, and also for large-size ones, to 300 million units. Additionally, the business intends to increase its monthly production of LTCC (Low Temperature Co-Fired Ceramic) components by half, to 200 million units.
  • KEY MARKET SEGMENTS:
  • By Type
  • Multilayered
  • Film Type
  • Molded
  • Wire Wound
  • By Inductance
  • Variable Inductors
  • Fixed Inductors
  • By Core Type
  • Iron Core
  • Ferromagnetic Or Ferrite Core
  • Air Core
  • By Application
  • Power Applications
  • General Circuits
  • High-Frequency Applications
  • By End User
  • Transmission And Distribution
  • Automotive
  • Military And Defense
  • Consumer Electronics
  • Industrial
  • RF And Telecommunication
  • By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa
  • KEY MARKET PLAYERS
  • Murata Manufacturing Co., Ltd.
  • TDK Corporation
  • SANYO Electric Co., Ltd.
  • Vishay Intertechnonogy Inc.
  • Chilisin Electronics Corp.
  • Houston Transformer Company, Ltd.
  • Taiyo Yuden Co., Ltd.
  • TT Electronics
  • Delta Electronics, Inc.
  • ABC Taiwan Electronics Corporation
  • Panasonic Corporation
  • Coilcraft, Inc.
  • TOKIN Corporation
  • Pulse Electronics Corporation
  • Texas Instruments Incorporated
  • Shenzhen Sunlord Electronics Co., Ltd.
  • Sumida Corporation.
  • Gowanda Electronics
  • Ourns, Inc.
  • Ice Components, Inc.
  • KEMET
  • AVX Corporation

SkyQuest's Expertise:

The Inductor Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Type - Multilayered, Film Type, Molded, Wire Wound
  • By Inductance - Variable Inductors, Fixed Inductors
  • By Core Type - Iron Core, Ferromagnetic Or Ferrite Core, Air Core
  • By Application - Power Applications, General Circuits, High-Frequency Applications
  • By End User - Transmission And Distribution, Automotive, Military And Defense, Consumer Electronics, Industrial, RF And Telecommunication
  • By Geography - North America, Europe, Asia-Pacific, Latin America, The Middle East and Africa, KEY MARKET PLAYERS, Murata Manufacturing Co., Ltd., TDK Corporation, SANYO Electric Co., Ltd., Vishay Intertechnonogy Inc., Chilisin Electronics Corp., Houston Transformer Company, Ltd., Taiyo Yuden Co., Ltd., TT Electronics, Delta Electronics, Inc., ABC Taiwan Electronics Corporation, Panasonic Corporation, Coilcraft, Inc., TOKIN Corporation, Pulse Electronics Corporation, Texas Instruments Incorporated, Shenzhen Sunlord Electronics Co., Ltd., Sumida Corporation., Gowanda Electronics, Ourns, Inc., Ice Components, Inc., KEMET, AVX Corporation
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • sights
  • The global inductor market size was exhibited at USD 12.6 billion in 2022 and is projected to hit around USD 23.81 billion by 2032, growing at a CAGR of 6.56% from 2023 to 2032. The Asia-Pacific generated more than 37% of the revenue share in 2022.
  • Market Overview
  • Regional revenue generation consists of significant infrastructure, economic growth and financial development. Additionally, export and import, domestic production, and consumption patterns have aided market participants in identifying and seizing opportunities. The quantitative and qualitative parameters included in the report, with in-depth analysis, also highlight the market's motivating and inhibiting factors. The increase in developments and innovations in consumer electronic products are significant factors anticipated to propel the expansion of the inductor market during the forecast period. Further expected growth drivers for the inductor market include the popularity of smart homes and smart city homes, which call for energy-efficient electronic and electrical systems. Additionally, it is predicted that advancements in telecommunication and chip integration will temper market growth for inductors. On the other hand, it is further anticipated that variations in the price of raw materials, particularly copper, will impede the expansion of the inductor market during the timeline period. Additionally, as the demand for wireless and connected devices rises, there may be more chances for the inductor market to expand in the years to come. The future expansion of the inductor market, however, may be further hampered by the increased complexity brought on by inductors' miniaturisation.
  • Market Dynamics:
  • Driver:
  • Consumer electronic products are developing and innovating more frequently.
  • Consumer electronics is a dynamic industry and is changing quickly, with increasing levels of market competitors in the market and game-changing technological advancements. The features and quality of buyer electronic device products are improving thanks to these technological advancements and innovations. Additionally, they are anticipated to increase the overall volume of inductors used in the consumer electronics sector. Due to their small size, power inductors, high current capacity, and favourable DC characteristics are used more frequently in consumer electronics. The consumer electronics industry uses other inductor types, including air-core inductors, RF inductors, and multi-layered inductors. The adoption of inductors has been accelerated by manufacturers' increased focus on new technologies and the popularity of key emerging technologies like the Internet of Things (loT) and artificial intelligence (AI). The expansion of the inductor market has also been fueled by the incorporation of network technologies like GSM, LTE, 3G, 4G, and 5G in numerous electronic products.
  • Restraint:
  • Raw materials' fluctuating costs, particularly those of copper
  • Due to characteristics like high electrical connectivity and significant power losses, inductors are typically constructed from iron, copper, and ferrite. Copper has excellent mechanical and thermal properties, which is why copper coils are used. The production of inductors frequently uses this as a raw material. The copper line thickness must be kept to a minimum, and the metal pattern density must be as consistent as possible when producing inductors. Any hiccups in a region's mining operations can significantly impact copper prices worldwide. Landslides and other natural disasters are relatively common in mining regions, as are frequent mine worker strikes. Weather, season, political unrest, and transportation problems can reduce regional supplies and raise copper prices.
  • Opportunity:
  • Increasing use of electric vehicles
  • The production of electric vehicles has increased significantly in recent years and is anticipated to do so even more in the years to come. The rate of electronic vehicle development has also increased considerably. Since more people are driving electric cars, advanced driver assistance systems and connected vehicles will become more common, expanding the usage of electronic components. Many significant automakers and recently emerging automakers have increased the volume of electric vehicle production in response to increasingly stringent environmental regulations, which are anticipated to increase the requirement for passive components. These electric cars run on Al and loT and are outfitted with cutting-edge technology. In the upcoming years, it is anticipated that demand for inductors will rise as electric vehicles become more widely used.
  • Challenge:
  • Growing complexity as a result of inductors' miniaturisation
  • The products' dimensions are shrinking steadily, and their corresponding functions are improving. The shape of mobile devices that offer sophisticated, complex processes is continuously decreasing. Reduced shape and thickness are required for these devices, including smartwatches, wristband-style wearables, and loT devices like sensor network devices. These devices also need highly efficient power supply circuits for longer operating times. Wearables like smartwatches are becoming smaller and thinner, which has resulted in a rise in the usage of multi-core processors and faster processors for better performance. This makes it possible for all components, including inductors, to become smaller. Therefore, it is also necessary to reduce the size of multi-layered chip inductors while maintaining high Q ratings. However, keeping tolerances dimensional and long-term reliability gets more complicated as feature sizes decrease. PDAs, Wireless handsets, and other portable electronic devices are continuously getting smaller and more complicated to use. As a result, they present design difficulties because the originally rated current and DC resistance must remain unchanged when an inductor's size is reduced. However, it becomes more challenging to maintain long-term reliability and dimensional tolerances as feature sizes decrease.
  • Segment Insights:
  • Type Insights
  • Many stacked coils that are wound around the core make up multilayer inductors. These inductors have a high inductance level because there are many layers of insulation separating them, which raises demand for the product based on different use cases and increases sales of the product.
  • Inductance Insights
  • Inductors will increasingly be used in automotive electronics, and demand for passive electronic components will rise quickly. On the other hand, this market will experience slow growth due to factors like inconsistent raw material price changes. Variable inductors' advantages of lightweight and compact size have increased their popularity inside TVs and radios, which has ultimately opened up a potential application for them and will create new market opportunities. The Fixed Inductor is a passive electronic component for magnetic field-based energy storage. The turns are fixed in position for one another due to the way the coils are wound in the fixed inductor. To separate different frequency signals, fixed inductors are used in electronic filters. They are also combined with capacitors to create tuned circuits that tune TV receivers and radios. These parts are widely used in many sectors, including the power, military & defence sector, automotive, consumer electronics, and Radio Frequency & telecommunication.
  • Core Type Insights
  • Iron core and air core inductors have the low-frequency operation, higher losses, and low inductance. However, they have high permeability, fixed value, and high inductance, ferrite core inductors. As a result, ferrite core inductors are widely used and regarded as a superior solution to overcome this issue.
  • Application Insights
  • The rise of hybrid and battery-powered technologies in the automotive sector can be used to justify the demand for power inductors because these advancements would necessitate more ECUs. The power inductors' excellent packaging and saturation properties are ideal for supplying the growing demand for powertrain technology. Computers, Mobile phones, and telecommunications equipment can all use the newly released power inductors from the Lmax series. The market for power inductors will increase due to their numerous applications across numerous industry sectors. For general circuits, various kinds of inductors are utilised. Filters and oscillators are standard components in circuits. Car audio systems, Car navigation systems, and body control equipment like wipers and power windows are additional examples of general circuits. Analog circuit filters and signal processing filters are frequently made with inductors, resistors, and capacitors. An inductor alone can function as a low-pass filter because its impedance rises as a signal's frequency increases. Combining capacitors and inductors can be used to create oscillators. The LC oscillator is one of the most popular oscillator types, producing a continuous periodic waveform. Since they are simple to use and have excellent phase noise characteristics, LC oscillators are frequently utilised in radio-frequency circuits.
  • End User Insights
  • Automotive inductors are constructed from a coil winding with two terminals through which flux is passed. The inductive current is a function of the flux density through the coil. A current is induced in the coil by flux passing through it, causing a voltage drop around the coil. One of the key factors driving the market growth for automotive inductors is their current regulation feature, which stabilises the electric circuits in cars. The design of high-end inductors that function under harsh temperature conditions without suffering appreciable downtime represents an important development in the market for automotive inductors. As a result, the market for automotive grade induction will experience rapid growth. This raises the productivity level of the vehicle parts.
  • Regional Insights
  • Asia-Pacific accounted for a sizeable portion of the global market, roughly 37% in the regional analysis of the worldwide inductor market. Furthermore, it is anticipated that the Asian market will likely maintain its dominance for a predetermined amount of time. This area is renowned for housing a sizable concentration of consumer electronics producers. Additionally, these inductors are crucial in producing consumer devices and automobiles. Due to increased investment in the consumer automotive and electronics industries by nations like China, South Korea, India, and Japan, the inductor market in this region has seen a significant increase in demand for its products. The North American inductor market, which accounts for roughly 28.93% of global sales, is the second-largest after the Asia-Pacific region. The rapid expansion of industrial automation, the rising adoption of smartphones and tablets & tablets, and the existence of an already well-established ICT industry are the main factors propelling the increase in the target market in this region.
  • Recent Developments:
  • February 2022- With the addition of two new automotive-grade high current shielded inductors series, Bourns Inc. increased the mechanical resistance for challenging vibration application environments. Shielded inductors of the Model SRP1038WA and SRP1265WA series feature a wider side terminal lead frame that can withstand peak vibrations. The two series offered a small package, an extensive operating temperature range of -55 to + 165 °C, a high saturation current, a low buzz noise, a low DC, a low DC resistance, resistance, and excellent temperature stability. These inductors are perfect for power management and EMI filtering in a variety of consumer, automotive, industrial, and telecom electronics applications.
  • August 2021- A brand-new line of chip inductors with a high Q value and a small size was unveiled by Bourns Inc. In comparison to multilayer or film technology, the CWF1610 and CWF2414 chip inductors' wire wound construction improved their performance characteristics for DC power line applications and RF signal processing.
  • June 2020- In order to meet the high demand for inductor for notebooks and 5G smartphones, Chilisin Electronics Corp (VAGEO Corporation) increased capacity. With regard to small-size moulding chokes, the company has increased capacity to 600 million units, and also for large-size ones, to 300 million units. Additionally, the business intends to increase its monthly production of LTCC (Low Temperature Co-Fired Ceramic) components by half, to 200 million units.
  • KEY MARKET SEGMENTS:
  • By Type
  • Multilayered
  • Film Type
  • Molded
  • Wire Wound
  • By Inductance
  • Variable Inductors
  • Fixed Inductors
  • By Core Type
  • Iron Core
  • Ferromagnetic Or Ferrite Core
  • Air Core
  • By Application
  • Power Applications
  • General Circuits
  • High-Frequency Applications
  • By End User
  • Transmission And Distribution
  • Automotive
  • Military And Defense
  • Consumer Electronics
  • Industrial
  • RF And Telecommunication
  • By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa
  • KEY MARKET PLAYERS
  • Murata Manufacturing Co., Ltd.
  • TDK Corporation
  • SANYO Electric Co., Ltd.
  • Vishay Intertechnonogy Inc.
  • Chilisin Electronics Corp.
  • Houston Transformer Company, Ltd.
  • Taiyo Yuden Co., Ltd.
  • TT Electronics
  • Delta Electronics, Inc.
  • ABC Taiwan Electronics Corporation
  • Panasonic Corporation
  • Coilcraft, Inc.
  • TOKIN Corporation
  • Pulse Electronics Corporation
  • Texas Instruments Incorporated
  • Shenzhen Sunlord Electronics Co., Ltd.
  • Sumida Corporation.
  • Gowanda Electronics
  • Ourns, Inc.
  • Ice Components, Inc.
  • KEMET
  • AVX Corporation
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Inductor Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Inductor Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • sights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The global inductor market size was exhibited at USD 12.6 billion in 2022 and is projected to hit around USD 23.81 billion by 2032, growing at a CAGR of 6.56% from 2023 to 2032. The Asia-Pacific generated more than 37% of the revenue share in 2022.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Market Overview
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Regional revenue generation consists of significant infrastructure, economic growth and financial development. Additionally, export and import, domestic production, and consumption patterns have aided market participants in identifying and seizing opportunities. The quantitative and qualitative parameters included in the report, with in-depth analysis, also highlight the market's motivating and inhibiting factors. The increase in developments and innovations in consumer electronic products are significant factors anticipated to propel the expansion of the inductor market during the forecast period. Further expected growth drivers for the inductor market include the popularity of smart homes and smart city homes, which call for energy-efficient electronic and electrical systems. Additionally, it is predicted that advancements in telecommunication and chip integration will temper market growth for inductors. On the other hand, it is further anticipated that variations in the price of raw materials, particularly copper, will impede the expansion of the inductor market during the timeline period. Additionally, as the demand for wireless and connected devices rises, there may be more chances for the inductor market to expand in the years to come. The future expansion of the inductor market, however, may be further hampered by the increased complexity brought on by inductors' miniaturisation.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Market Dynamics:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Driver:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consumer electronic products are developing and innovating more frequently.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consumer electronics is a dynamic industry and is changing quickly, with increasing levels of market competitors in the market and game-changing technological advancements. The features and quality of buyer electronic device products are improving thanks to these technological advancements and innovations. Additionally, they are anticipated to increase the overall volume of inductors used in the consumer electronics sector. Due to their small size, power inductors, high current capacity, and favourable DC characteristics are used more frequently in consumer electronics. The consumer electronics industry uses other inductor types, including air-core inductors, RF inductors, and multi-layered inductors. The adoption of inductors has been accelerated by manufacturers' increased focus on new technologies and the popularity of key emerging technologies like the Internet of Things (loT) and artificial intelligence (AI). The expansion of the inductor market has also been fueled by the incorporation of network technologies like GSM, LTE, 3G, 4G, and 5G in numerous electronic products.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Restraint:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Raw materials' fluctuating costs, particularly those of copper
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Due to characteristics like high electrical connectivity and significant power losses, inductors are typically constructed from iron, copper, and ferrite. Copper has excellent mechanical and thermal properties, which is why copper coils are used. The production of inductors frequently uses this as a raw material. The copper line thickness must be kept to a minimum, and the metal pattern density must be as consistent as possible when producing inductors. Any hiccups in a region's mining operations can significantly impact copper prices worldwide. Landslides and other natural disasters are relatively common in mining regions, as are frequent mine worker strikes. Weather, season, political unrest, and transportation problems can reduce regional supplies and raise copper prices.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Opportunity:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Increasing use of electric vehicles
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The production of electric vehicles has increased significantly in recent years and is anticipated to do so even more in the years to come. The rate of electronic vehicle development has also increased considerably. Since more people are driving electric cars, advanced driver assistance systems and connected vehicles will become more common, expanding the usage of electronic components. Many significant automakers and recently emerging automakers have increased the volume of electric vehicle production in response to increasingly stringent environmental regulations, which are anticipated to increase the requirement for passive components. These electric cars run on Al and loT and are outfitted with cutting-edge technology. In the upcoming years, it is anticipated that demand for inductors will rise as electric vehicles become more widely used.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Challenge:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Growing complexity as a result of inductors' miniaturisation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The products' dimensions are shrinking steadily, and their corresponding functions are improving. The shape of mobile devices that offer sophisticated, complex processes is continuously decreasing. Reduced shape and thickness are required for these devices, including smartwatches, wristband-style wearables, and loT devices like sensor network devices. These devices also need highly efficient power supply circuits for longer operating times. Wearables like smartwatches are becoming smaller and thinner, which has resulted in a rise in the usage of multi-core processors and faster processors for better performance. This makes it possible for all components, including inductors, to become smaller. Therefore, it is also necessary to reduce the size of multi-layered chip inductors while maintaining high Q ratings. However, keeping tolerances dimensional and long-term reliability gets more complicated as feature sizes decrease. PDAs, Wireless handsets, and other portable electronic devices are continuously getting smaller and more complicated to use. As a result, they present design difficulties because the originally rated current and DC resistance must remain unchanged when an inductor's size is reduced. However, it becomes more challenging to maintain long-term reliability and dimensional tolerances as feature sizes decrease.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Segment Insights:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Type Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Many stacked coils that are wound around the core make up multilayer inductors. These inductors have a high inductance level because there are many layers of insulation separating them, which raises demand for the product based on different use cases and increases sales of the product.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Inductance Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Inductors will increasingly be used in automotive electronics, and demand for passive electronic components will rise quickly. On the other hand, this market will experience slow growth due to factors like inconsistent raw material price changes. Variable inductors' advantages of lightweight and compact size have increased their popularity inside TVs and radios, which has ultimately opened up a potential application for them and will create new market opportunities. The Fixed Inductor is a passive electronic component for magnetic field-based energy storage. The turns are fixed in position for one another due to the way the coils are wound in the fixed inductor. To separate different frequency signals, fixed inductors are used in electronic filters. They are also combined with capacitors to create tuned circuits that tune TV receivers and radios. These parts are widely used in many sectors, including the power, military & defence sector, automotive, consumer electronics, and Radio Frequency & telecommunication.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Core Type Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Iron core and air core inductors have the low-frequency operation, higher losses, and low inductance. However, they have high permeability, fixed value, and high inductance, ferrite core inductors. As a result, ferrite core inductors are widely used and regarded as a superior solution to overcome this issue.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Application Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The rise of hybrid and battery-powered technologies in the automotive sector can be used to justify the demand for power inductors because these advancements would necessitate more ECUs. The power inductors' excellent packaging and saturation properties are ideal for supplying the growing demand for powertrain technology. Computers, Mobile phones, and telecommunications equipment can all use the newly released power inductors from the Lmax series. The market for power inductors will increase due to their numerous applications across numerous industry sectors. For general circuits, various kinds of inductors are utilised. Filters and oscillators are standard components in circuits. Car audio systems, Car navigation systems, and body control equipment like wipers and power windows are additional examples of general circuits. Analog circuit filters and signal processing filters are frequently made with inductors, resistors, and capacitors. An inductor alone can function as a low-pass filter because its impedance rises as a signal's frequency increases. Combining capacitors and inductors can be used to create oscillators. The LC oscillator is one of the most popular oscillator types, producing a continuous periodic waveform. Since they are simple to use and have excellent phase noise characteristics, LC oscillators are frequently utilised in radio-frequency circuits.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • End User Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Automotive inductors are constructed from a coil winding with two terminals through which flux is passed. The inductive current is a function of the flux density through the coil. A current is induced in the coil by flux passing through it, causing a voltage drop around the coil. One of the key factors driving the market growth for automotive inductors is their current regulation feature, which stabilises the electric circuits in cars. The design of high-end inductors that function under harsh temperature conditions without suffering appreciable downtime represents an important development in the market for automotive inductors. As a result, the market for automotive grade induction will experience rapid growth. This raises the productivity level of the vehicle parts.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Regional Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia-Pacific accounted for a sizeable portion of the global market, roughly 37% in the regional analysis of the worldwide inductor market. Furthermore, it is anticipated that the Asian market will likely maintain its dominance for a predetermined amount of time. This area is renowned for housing a sizable concentration of consumer electronics producers. Additionally, these inductors are crucial in producing consumer devices and automobiles. Due to increased investment in the consumer automotive and electronics industries by nations like China, South Korea, India, and Japan, the inductor market in this region has seen a significant increase in demand for its products. The North American inductor market, which accounts for roughly 28.93% of global sales, is the second-largest after the Asia-Pacific region. The rapid expansion of industrial automation, the rising adoption of smartphones and tablets & tablets, and the existence of an already well-established ICT industry are the main factors propelling the increase in the target market in this region.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Recent Developments:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • February 2022- With the addition of two new automotive-grade high current shielded inductors series, Bourns Inc. increased the mechanical resistance for challenging vibration application environments. Shielded inductors of the Model SRP1038WA and SRP1265WA series feature a wider side terminal lead frame that can withstand peak vibrations. The two series offered a small package, an extensive operating temperature range of -55 to + 165 °C, a high saturation current, a low buzz noise, a low DC, a low DC resistance, resistance, and excellent temperature stability. These inductors are perfect for power management and EMI filtering in a variety of consumer, automotive, industrial, and telecom electronics applications.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • August 2021- A brand-new line of chip inductors with a high Q value and a small size was unveiled by Bourns Inc. In comparison to multilayer or film technology, the CWF1610 and CWF2414 chip inductors' wire wound construction improved their performance characteristics for DC power line applications and RF signal processing.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • June 2020- In order to meet the high demand for inductor for notebooks and 5G smartphones, Chilisin Electronics Corp (VAGEO Corporation) increased capacity. With regard to small-size moulding chokes, the company has increased capacity to 600 million units, and also for large-size ones, to 300 million units. Additionally, the business intends to increase its monthly production of LTCC (Low Temperature Co-Fired Ceramic) components by half, to 200 million units.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Type
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Multilayered
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Film Type
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Molded
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Wire Wound
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Inductance
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Variable Inductors
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Fixed Inductors
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Core Type
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Iron Core
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Ferromagnetic Or Ferrite Core
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Air Core
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Application
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Power Applications
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • General Circuits
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • High-Frequency Applications
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By End User
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Transmission And Distribution
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Automotive
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Military And Defense
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consumer Electronics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Industrial
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • RF And Telecommunication
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Geography
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia-Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Latin America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The Middle East and Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Murata Manufacturing Co., Ltd.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • TDK Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • SANYO Electric Co., Ltd.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Vishay Intertechnonogy Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Chilisin Electronics Corp.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Houston Transformer Company, Ltd.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Taiyo Yuden Co., Ltd.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • TT Electronics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Delta Electronics, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ABC Taiwan Electronics Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Panasonic Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Coilcraft, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • TOKIN Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Pulse Electronics Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Texas Instruments Incorporated
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Shenzhen Sunlord Electronics Co., Ltd.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Sumida Corporation.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Gowanda Electronics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Ourns, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Ice Components, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEMET
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • AVX Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Inductor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Inductor Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Inductor Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Inductor Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

The global market for Inductor was estimated to be valued at US$ XX Mn in 2021.

The global Inductor Market is estimated to grow at a CAGR of XX% by 2028.

The global Inductor Market is segmented on the basis of Type, Inductance, Core Type, Application, End User, Geography.

Based on region, the global Inductor Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Inductor Market are sights, The global inductor market size was exhibited at USD 12.6 billion in 2022 and is projected to hit around USD 23.81 billion by 2032, growing at a CAGR of 6.56% from 2023 to 2032. The Asia-Pacific generated more than 37% of the revenue share in 2022., Market Overview, Regional revenue generation consists of significant infrastructure, economic growth and financial development. Additionally, export and import, domestic production, and consumption patterns have aided market participants in identifying and seizing opportunities. The quantitative and qualitative parameters included in the report, with in-depth analysis, also highlight the market's motivating and inhibiting factors. The increase in developments and innovations in consumer electronic products are significant factors anticipated to propel the expansion of the inductor market during the forecast period. Further expected growth drivers for the inductor market include the popularity of smart homes and smart city homes, which call for energy-efficient electronic and electrical systems. Additionally, it is predicted that advancements in telecommunication and chip integration will temper market growth for inductors. On the other hand, it is further anticipated that variations in the price of raw materials, particularly copper, will impede the expansion of the inductor market during the timeline period. Additionally, as the demand for wireless and connected devices rises, there may be more chances for the inductor market to expand in the years to come. The future expansion of the inductor market, however, may be further hampered by the increased complexity brought on by inductors' miniaturisation., Market Dynamics: , Driver: , Consumer electronic products are developing and innovating more frequently., Consumer electronics is a dynamic industry and is changing quickly, with increasing levels of market competitors in the market and game-changing technological advancements. The features and quality of buyer electronic device products are improving thanks to these technological advancements and innovations. Additionally, they are anticipated to increase the overall volume of inductors used in the consumer electronics sector. Due to their small size, power inductors, high current capacity, and favourable DC characteristics are used more frequently in consumer electronics. The consumer electronics industry uses other inductor types, including air-core inductors, RF inductors, and multi-layered inductors. The adoption of inductors has been accelerated by manufacturers' increased focus on new technologies and the popularity of key emerging technologies like the Internet of Things (loT) and artificial intelligence (AI). The expansion of the inductor market has also been fueled by the incorporation of network technologies like GSM, LTE, 3G, 4G, and 5G in numerous electronic products., Restraint: , Raw materials' fluctuating costs, particularly those of copper, Due to characteristics like high electrical connectivity and significant power losses, inductors are typically constructed from iron, copper, and ferrite. Copper has excellent mechanical and thermal properties, which is why copper coils are used. The production of inductors frequently uses this as a raw material. The copper line thickness must be kept to a minimum, and the metal pattern density must be as consistent as possible when producing inductors. Any hiccups in a region's mining operations can significantly impact copper prices worldwide. Landslides and other natural disasters are relatively common in mining regions, as are frequent mine worker strikes. Weather, season, political unrest, and transportation problems can reduce regional supplies and raise copper prices., Opportunity: , Increasing use of electric vehicles, The production of electric vehicles has increased significantly in recent years and is anticipated to do so even more in the years to come. The rate of electronic vehicle development has also increased considerably. Since more people are driving electric cars, advanced driver assistance systems and connected vehicles will become more common, expanding the usage of electronic components. Many significant automakers and recently emerging automakers have increased the volume of electric vehicle production in response to increasingly stringent environmental regulations, which are anticipated to increase the requirement for passive components. These electric cars run on Al and loT and are outfitted with cutting-edge technology. In the upcoming years, it is anticipated that demand for inductors will rise as electric vehicles become more widely used., Challenge: , Growing complexity as a result of inductors' miniaturisation, The products' dimensions are shrinking steadily, and their corresponding functions are improving. The shape of mobile devices that offer sophisticated, complex processes is continuously decreasing. Reduced shape and thickness are required for these devices, including smartwatches, wristband-style wearables, and loT devices like sensor network devices. These devices also need highly efficient power supply circuits for longer operating times. Wearables like smartwatches are becoming smaller and thinner, which has resulted in a rise in the usage of multi-core processors and faster processors for better performance. This makes it possible for all components, including inductors, to become smaller. Therefore, it is also necessary to reduce the size of multi-layered chip inductors while maintaining high Q ratings. However, keeping tolerances dimensional and long-term reliability gets more complicated as feature sizes decrease. PDAs, Wireless handsets, and other portable electronic devices are continuously getting smaller and more complicated to use. As a result, they present design difficulties because the originally rated current and DC resistance must remain unchanged when an inductor's size is reduced. However, it becomes more challenging to maintain long-term reliability and dimensional tolerances as feature sizes decrease., Segment Insights:, Type Insights, Many stacked coils that are wound around the core make up multilayer inductors. These inductors have a high inductance level because there are many layers of insulation separating them, which raises demand for the product based on different use cases and increases sales of the product., Inductance Insights, Inductors will increasingly be used in automotive electronics, and demand for passive electronic components will rise quickly. On the other hand, this market will experience slow growth due to factors like inconsistent raw material price changes. Variable inductors' advantages of lightweight and compact size have increased their popularity inside TVs and radios, which has ultimately opened up a potential application for them and will create new market opportunities. The Fixed Inductor is a passive electronic component for magnetic field-based energy storage. The turns are fixed in position for one another due to the way the coils are wound in the fixed inductor. To separate different frequency signals, fixed inductors are used in electronic filters. They are also combined with capacitors to create tuned circuits that tune TV receivers and radios. These parts are widely used in many sectors, including the power, military & defence sector, automotive, consumer electronics, and Radio Frequency & telecommunication., Core Type Insights, Iron core and air core inductors have the low-frequency operation, higher losses, and low inductance. However, they have high permeability, fixed value, and high inductance, ferrite core inductors. As a result, ferrite core inductors are widely used and regarded as a superior solution to overcome this issue., Application Insights, The rise of hybrid and battery-powered technologies in the automotive sector can be used to justify the demand for power inductors because these advancements would necessitate more ECUs. The power inductors' excellent packaging and saturation properties are ideal for supplying the growing demand for powertrain technology. Computers, Mobile phones, and telecommunications equipment can all use the newly released power inductors from the Lmax series. The market for power inductors will increase due to their numerous applications across numerous industry sectors. For general circuits, various kinds of inductors are utilised. Filters and oscillators are standard components in circuits. Car audio systems, Car navigation systems, and body control equipment like wipers and power windows are additional examples of general circuits. Analog circuit filters and signal processing filters are frequently made with inductors, resistors, and capacitors. An inductor alone can function as a low-pass filter because its impedance rises as a signal's frequency increases. Combining capacitors and inductors can be used to create oscillators. The LC oscillator is one of the most popular oscillator types, producing a continuous periodic waveform. Since they are simple to use and have excellent phase noise characteristics, LC oscillators are frequently utilised in radio-frequency circuits., End User Insights, Automotive inductors are constructed from a coil winding with two terminals through which flux is passed. The inductive current is a function of the flux density through the coil. A current is induced in the coil by flux passing through it, causing a voltage drop around the coil. One of the key factors driving the market growth for automotive inductors is their current regulation feature, which stabilises the electric circuits in cars. The design of high-end inductors that function under harsh temperature conditions without suffering appreciable downtime represents an important development in the market for automotive inductors. As a result, the market for automotive grade induction will experience rapid growth. This raises the productivity level of the vehicle parts., Regional Insights, Asia-Pacific accounted for a sizeable portion of the global market, roughly 37% in the regional analysis of the worldwide inductor market. Furthermore, it is anticipated that the Asian market will likely maintain its dominance for a predetermined amount of time. This area is renowned for housing a sizable concentration of consumer electronics producers. Additionally, these inductors are crucial in producing consumer devices and automobiles. Due to increased investment in the consumer automotive and electronics industries by nations like China, South Korea, India, and Japan, the inductor market in this region has seen a significant increase in demand for its products. The North American inductor market, which accounts for roughly 28.93% of global sales, is the second-largest after the Asia-Pacific region. The rapid expansion of industrial automation, the rising adoption of smartphones and tablets & tablets, and the existence of an already well-established ICT industry are the main factors propelling the increase in the target market in this region., Recent Developments:, February 2022- With the addition of two new automotive-grade high current shielded inductors series, Bourns Inc. increased the mechanical resistance for challenging vibration application environments. Shielded inductors of the Model SRP1038WA and SRP1265WA series feature a wider side terminal lead frame that can withstand peak vibrations. The two series offered a small package, an extensive operating temperature range of -55 to + 165 °C, a high saturation current, a low buzz noise, a low DC, a low DC resistance, resistance, and excellent temperature stability. These inductors are perfect for power management and EMI filtering in a variety of consumer, automotive, industrial, and telecom electronics applications., August 2021- A brand-new line of chip inductors with a high Q value and a small size was unveiled by Bourns Inc. In comparison to multilayer or film technology, the CWF1610 and CWF2414 chip inductors' wire wound construction improved their performance characteristics for DC power line applications and RF signal processing., June 2020- In order to meet the high demand for inductor for notebooks and 5G smartphones, Chilisin Electronics Corp (VAGEO Corporation) increased capacity. With regard to small-size moulding chokes, the company has increased capacity to 600 million units, and also for large-size ones, to 300 million units. Additionally, the business intends to increase its monthly production of LTCC (Low Temperature Co-Fired Ceramic) components by half, to 200 million units., KEY MARKET SEGMENTS:, By Type, Multilayered, Film Type , Molded, Wire Wound , By Inductance, Variable Inductors, Fixed Inductors , By Core Type, Iron Core, Ferromagnetic Or Ferrite Core , Air Core, By Application, Power Applications , General Circuits , High-Frequency Applications, By End User, Transmission And Distribution, Automotive, Military And Defense, Consumer Electronics, Industrial , RF And Telecommunication, By Geography, North America, Europe, Asia-Pacific, Latin America, The Middle East and Africa, KEY MARKET PLAYERS, Murata Manufacturing Co., Ltd., TDK Corporation, SANYO Electric Co., Ltd., Vishay Intertechnonogy Inc., Chilisin Electronics Corp., Houston Transformer Company, Ltd., Taiyo Yuden Co., Ltd., TT Electronics, Delta Electronics, Inc., ABC Taiwan Electronics Corporation, Panasonic Corporation, Coilcraft, Inc., TOKIN Corporation, Pulse Electronics Corporation, Texas Instruments Incorporated, Shenzhen Sunlord Electronics Co., Ltd., Sumida Corporation., Gowanda Electronics, Ourns, Inc., Ice Components, Inc., KEMET, AVX Corporation.

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