Global Inductor Market Size, Trends and Growth opportunity, By type (fixed inductor, variable
inductor, coupled inductor, multi-layered inductor, power inductor and surface mount inductor), By
core type (air core, ferromagnetic/ferrite core, laminated core, ceramic core and toroidal core),By
application (automotive, transmission& distribution, industrial sector, RF & Telecommunication,
Military & Defense and consumer electronics),By region and forecast till 2027.
Global Inductor Market
The global inductor market was valued at US$3.8 billion in 2021 and it is expected to reach at US$6.8
billion in 2027 at a CAGR of 4.2% during forecast period 2022-2027.
An inductor is regarded as a passive electronic part that conserves energy in the form of a magnetic
field, and the inductance of the part is used to express the power of the part. The power industry,
the automobile industry, the military & defence, RF & telecommunication, and consumer electronics
are just a few of the industries where they are widely used.
Market Drivers
The market demand for inductors has been spurred by ongoing R&D efforts in the field of electronics
connected to inductors, which have led to size reduction, weight reduction, and advancements in
surface mounting techniques. The development of advanced electronic components and the
expanding use of passive electronic components in devices are other aspects that contribute to the
market's expansion. The market for inductors will be driven by the rising demand for wireless
devices such gateways, routers, access points, and high-end broadcasting systems.
Market Restraints
Due to its characteristics like excellent electrical connection and minimal power losses, inductors are
often comprised of copper, iron, and ferrite. Due to its generally favourable thermal and mechanical
qualities, copper is a common raw material used to make inductors. The copper line width is
constrained while making inductors, and the metal pattern density must be as uniform as possible.
Results on inductors constructed in a single metal layer with various numbers of parallel tracks and
both with and without copper tiles are provided. The biggest buyers of ferrite, iron, and copper are
China, Japan, India, South Korea, and Germany. As a result, the price of copper, which varies greatly,
is a crucial influence in determining the price of inductors.
Market Segmentation
The global inductor market segmented into type, core type and application. On the basis of type it
segmented into fixed inductor, variable inductor, coupled inductor, multi-layered inductor, power
inductor and surface mount inductor. On the basis of core type it segmented into air core,
ferromagnetic/ferrite core, laminated core, ceramic core and toroidal core. On the basis of
application it segmented into automotive, transmission& distribution, industrial sector, RF &
Telecommunication, Military & Defense and consumer electronics.
Regional Analysis
The global inductor market segmented into five regions North America, Europe, Latin America, Asia
Pacific, Middle East and Africa. The demand for inductors is mostly driven by industrial economies
and highly developed nations in the region, including China, Korea, Japan, and India. The Asia Pacific
region is the world's largest market for inductors. Due to its rapidly expanding semiconductor
industry and industrial automation, China is expected to be the world's largest single source of
demand for inductor components in the near future.
Key Players
Various key players are listed in this report such as Murata Manufacturing, TDK, Vishay
Intertechnology, Taiyo Yuden, Chilis, Delta Electronics, Panasonic, ABC Taiwan Electronics, Pulse
Electronics, and Coilcraft.
Market Taxonomy
By Type
Fixed Inductor
Variable Inductor
Coupled Inductor
Multi-Layered Inductor
Power Inductor
Surface Mount Inductor
By Core Type
Air Core
Ferromagnetic/Ferrite Core
Laminated Core
Ceramic Core
Toroidal Core
By Application
Automotive, Transmission& Distribution
Industrial Sector
RF & Telecommunication
Military & Defense
Consumer Electronics
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global Inductor Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook