Global Automotive Grade Inductors Market Size, Share, and Analysis, By Inductor Type (SMD Power Inductors, Plug-In Power Inductors), By Application (Transmission Control Units, LED Drivers, HID Lighting, Noise Suppression), By Vehicle Type (Passenger Cars

Global Automotive Grade Inductors Market Size, Share, and Analysis, By Inductor Type (SMD Power Inductors, Plug-In Power Inductors), By Application (Transmission Control Units, LED Drivers, HID Lighting, Noise Suppression), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Sales Channel (OEMs, Aftermarket) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Automotive Grade Inductors Market size was USD 2.7 billion in 2021 and projected to grow from USD 2.9 billion in 2023 to USD 4.2 billion by 2032, exhibiting a CAGR of 4.1% during the forecast period.

Automotive-Grade Inductor is the current-producing electro-magnetic instrument that is strong in nature and complies with standards of (AEC) Automotive Electronics Council's Q200. These inductors can withstand shock stresses and extreme temperatures in automobile systems to offer better reliability to voltage regulators, DC-to-DC converters, multi-phase regulation modules, battery-powered systems, and point-of-load models utilized in-vehicle electric systems. They offer impedance matching, high-frequency filtering, and radio-frequency tuned circuits in automotive transmission in automobile.

MARKET HIGHLIGHTS

Automotive Grade Inductors Market is expected to reach USD 4.2 billion, growing at a CAGR of 4.1% during the forecast period owing to the speedy improvements in automobile infotainments and growing demand for Electronic Vehicles. Furthermore, growing emphasis on carbon neutrality and the enforcement of strict regulations are encouraging automakers to enter the EV market. These factors are expected to boost the growth of Automotive Grade Inductors Market over the forecast period.

Global Automotive Grade Inductors Market Segments:

• Inductor Type
• SMD Power Inductors
• Plug-In Power Inductors
• Application
• Transmission Control Units
• LED Drivers
• HID Lighting
• Noise Suppression
• Vehicle Type
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Sales Channel
• OEMs
• Aftermarket

MARKET DYNAMICS

Growth Drivers

Expanding Demand for Electric Vehicles and Rising Miniaturization in Electronic Devices is Expected to Boost the Market Growth

Technological Advancements and Growing R&D Spending by Automobile Producers are Expected to Boost the Market Growth

Restraint

Instable Prices of Raw Materials to Restrain the Market Growth

Key Players

• Panasonic Industry Co. Ltd.
• TDK Corporation
• Murata Manufacturing Co. Ltd.
• Vishay Intertechnology
• Avnet Inc.
• KYOCERA AVX
• Bourns Inc.
• TTI Inc.
• Mouser Electronics Inc.
• Laird Technologies
• NIC Components
• Abracon
• Viking Tech Corporation
• Coilmaster Electronics
• Shaanxi Fullstar Electronics Co. Ltd
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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