Global Inductors Market Growth 2025-2031

Global Inductors Market Growth 2025-2031

The global Inductors market size is predicted to grow from US$ 6650 million in 2025 to US$ 9599 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.

Inductor is a passive electronic component that resists changes in the flow of electric current. It does so by storing energy in a magnetic field created by the current passing through it.

The primary function of an inductor is to store energy temporarily and release it back into the circuit when the current changes.

Inductors are typically made by winding a wire into a coil shape around a core material, which can be air, iron, or ferrite, among others. The choice of core material affects the inductor's inductance and performance characteristics.

Over the past few years, the Inductors industry has experienced price fluctuations, affected by multiple factors. Fluctuations in raw material prices, changes in market supply and demand, and technological developments have all become key factors affecting prices. The combined effect of these factors has led to large fluctuations in Inductors prices, with an average increase of 9.87%. This price volatility brings certain operating risks to Inductors Coil manufacturers and suppliers.

The global key manufacturers of Inductors include TDK, Murata, Taiyo Yuden, Chilisin Electronics, Vishay Intertechnology, Delta Electronics, Panasonic, Sunlord Electronics, and Sumida, etc. TDK holds the position of the world's largest inductor supplier, boasting an 21.49% global market share. In 2022, the global top five players had a share approximately 56.62% in terms of revenue.

These major players exhibit mass production capabilities with advanced technology, distributing their products globally, particularly in Europe, the U.S., and the Asia Pacific.

Competition in the inductors market is characterized by a Japanese monopoly on high-end products, while the Chinese market primarily focuses on low-end and low-barrier products. In response to dynamic changes in the downstream market, midstream manufacturers are compelled to invest in robust technology research and development to meet evolving customer requirements.

The low labor costs and rapid development in mobile phones, automobiles, and other applications have led major global inductor manufacturers to establish production plants in mainland China. This shift has not only improved production capacity and technology but also facilitated the transfer of production capacity to China.

The inductors market features numerous players with varying product quality and substantial price gaps. Established companies with strong technical advantages, cost control structures, and customized product offerings pose challenges to new entrants, emphasizing the importance of differentiation and competitiveness in the market.

LP Information, Inc. (LPI) ' newest research report, the “Inductors Industry Forecast” looks at past sales and reviews total world Inductors sales in 2024, providing a comprehensive analysis by region and market sector of projected Inductors sales for 2025 through 2031. With Inductors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Inductors industry.

This Insight Report provides a comprehensive analysis of the global Inductors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Inductors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Inductors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Inductors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Inductors.

This report presents a comprehensive overview, market shares, and growth opportunities of Inductors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Wirewound Inductors
Thin Film Inductors
Others

Segmentation by Application:
Consumer Electronic
Automotive
Industrial Application
Telecom/Datacomm
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
TDK
Murata
Vishay Intertechnology
Taiyo Yuden
Sumida
Chilisin Electronics
Mitsumi Electric
Shenzhen Microgate Technology
Delta Electronics
Sunlord Electronics
Panasonic
Kyocera
Guangdong Fenghua Advanced Tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Inductors market?

What factors are driving Inductors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Inductors market opportunities vary by end market size?

How does Inductors break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.