Global Inductor Market, By Type (Fixed Inductors and Variable Inductors), Core Type (Air Core, Ferromagnetic Core or Ferrite Core, Laminated Core, Ceramic Core, and Toroidal Core), Application (Automotive, Industrial, RF and Telecommunication, Military and Defense, Consumer Electronics, Transmission and Distribution, and Healthcare), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028
The inductor market is expected to witness market growth at a rate of 3.9% in the forecast period of 2021 to 2028. Data Bridge Market Research report on the inductor market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for inductors in the automotive industry is escalating the growth of the inductor market.
Inductors are referred to as the components considered to oppose changes and are utilized for the storage of energy in a type of magnetic field and are considered as a passive electronic components. Fluctuation in the magnetic field induces a voltage that resists the field-producing current, which is identified as inductance. The inductance of an inductor is dependent on the number of loops or turns of copper wire around the air or metal and the radius of the copper coil.
Major factors that are expected to boost the growth of the inductor market in the forecast period are the rise in innovations and developments in consumer electronic products. Furthermore, the increase in the popularity of smart homes and smart cities that demand energy-efficient electronic and electrical systems is further anticipated to propel the growth of the inductor market. Moreover, the development in the telecommunication and integration of integrated chips is further estimated to cushion the growth of the inductor market. On the other hand, the variation in the costs of raw materials, particularly copper, is further projected to impede the growth of the inductor market in the timeline period.
In addition, the rise in the need for wireless and connected devices will further provide potential opportunities for the growth of the inductor market in the coming years. However, the rise in complications because of the miniaturization of inductors might further challenge the growth of the inductor market in the near future.
This inductor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the inductor market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Inductor Market Scope and Market Size
The inductor market is segmented on the basis of type, core type, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the inductor market has been segmented into fixed inductors and variable inductors.
- On the basis of core type, the inductor market has been segmented into air core, ferromagnetic core/ferrite core, laminated core, ceramic core, and toroidal core.
- On the basis of application, the inductor market has been segmented into automotive, industrial, RF and telecommunication, military and defense, consumer electronics, transmission and distribution, and healthcare.
Inductor Market Country Level Analysis
The inductor market is analyzed, and market size, volume information is provided by country, type, core type, and application as referenced above.
The countries covered in the inductor market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Asia-Pacific dominates the inductor market due to the rise in demand from industrial economies. Furthermore, the technologically advanced countries will further boost the growth of the inductor market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Inductor Market Share Analysis
The inductor market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the inductor market.
The major players covered in the inductor market report are TDK Corporation, Murata Manufacturing Co., Ltd., Vishay Intertechnology, Inc., TAIYO YUDEN CO., LTD., Chilisin, Delta Electronics, Inc., Panasonic Corporation, ABC Taiwan Electronics Corp., Pulse Electronics, Coilcraft, Inc., Sunlord, Bourns, Inc., SUMIDA CORPORATION, ICE Components, Inc., AVX Corporation, KEMET, Houston Transformer Company, Ltd., Texas Instruments Incorporated, Gowanda Electronics, TOKIN Corporation, SANYO Electric Co., Ltd. and TT Electronics among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.