The Inductors, Cores and Beads Market size is estimated at USD 10.11 billion in 2024, and is expected to reach USD 12.25 billion by 2029, growing at a CAGR of 3.91% during the forecast period (2024-2029).
New product development of SMDs are gaining momentum, centering on small chips for smartphones, modules, and IoT terminals, and high-reliability chips for automotive application.
The inductor, cores and beadsmarket's opportunities have resulted in intense competition. There are a significant number of manufacturers vying for the increasing market share. The market witnesses increased innovation in the form of reduced size and varying the form of cores to achieve higher inductance.
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