| Status : Published | Published On : May, 2024 | Report Code : VRSME9150 | Industry : Semiconductor & Electronics | Available Format :
|
Page : 198 |
Global Inductor Market – Analysis and Forecast (2025-2030)
Industry Insights By Type (Film Type, Multilayered, Wire Wound and Molded), By Core (Air/Ceramic Core, Ferrite Core, and Other Cores), By Shield Type (Shielded and Un-shielded), By Mounting (Surface Mount Technology and Through Hole Technology), By End-User (Automotive, Industrial, RF & Telecommunication, Military & Defense, Consumer Electronics, Transmission & Distribution and Healthcare) and By Geography (North America, Asia-Pacific, Europe and Rest of the World)
Industry Overview
The Global Inductor Market is anticipated to grow from USD 9.8 billion in 2023 to USD 14.5 billion in 2030 at a CAGR of 5.4% during the forecast period from 2025 to 2030.
An inductor is the passive electronic component used in the conservation of energy in the form of magnetic field and the power of the component is measured in terms of inductance. They have a wide application across various industrial sectors such as power industry, RF & telecommunication and consumer electronics, military & defense and automotive industry. Main characteristic of an inductor is that it resists changes in the amount of current that passes through it. Continuous R&D activities in the electronics field related to inductors has resulted in size weight reduction, minimization and improvements in surface mounting methods in making electronic devices are the factors that has fueled the demand of inductors in the market.
Market Segmentation
Insight by Type
According to type, the global Inductor Market is segregated into Film Type, Multilayered, Wire Wound and Molded. The film-type segment held the largest market share as it offer many advantages, including high stability, reliability and performance across a wide range of frequencies. The adoption of film-type inductors is growing because of the increasing demand for compact, high-performance electronic components in various industries. Multilayered inductors too offer compact form factors and high performance which make them ideal for space-constrained applications
Insight by Core
The global Inductor Market is segregated based on core, into Air/Ceramic Core, Ferrite Core, and Other Cores. The ferrite core segment led the market during the forecast period as they are used in various electronic devices and systems which includes transformers, power supplies, filters and RF circuits. They have capability to handle high currents and maintain stable performance over a wide temperature range.
Insight by Shield Type
On the basis of shield, the global Inductor Market is bifurcated into shielded and unshielded type. The shielded type segment is anticipated to witness profitable growth from 2025 to 2030 as these inductors offer many advantages like improved noise suppression, reduced electromagnetic radiation emissions and enhanced immunity to external interference. Unshielded inductors are smaller and less expensive, making them suitable for cost-sensitive designs and space-constrained applications.
Insight by Mounting
The global Inductor Market is segregated based on mounting into surface mount technology and through hole technology. The surface mounting technique segment is anticipated to dominate the market during the forecast period where these inductors are well-suited for high-volume manufacturing processes that enable efficient assembly and reduced production costs. The miniaturization trend in electronic devices further drives the preference for surface mount components, as they have more compact designs.
Insight by End-User
Based on end-user, the Inductor Market is segregated into Automotive, Industrial, RF & Telecommunication, Military & Defense, Consumer Electronics, Transmission & Distribution and Healthcare. The consumer electronics end-user segment is anticipated to dominate the market during the forecast period as there is continuous demand for consumer electronics products, such as laptops, smart-phones and tablets. These devices require a variety of inductors for energy storage, filtering, power supply and smoothing. The demand for inductors is also increasing with the increasing adoption of these devices.
Global Inductor Market Report Coverage
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025 - 2030 |
|
Market Size in 2023 |
U.S.D. 9.8 Billion |
|
Revenue Forecast in 2030 |
U.S.D. 14.5 Billion |
|
Growth Rate |
5.4% |
|
Segments Covered in the Report |
By Type, By Core, By Shield Type, By Mounting, and By End-User |
|
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
|
Regions Covered in the Report |
North America, Asia-Pacific, Europe, and Rest of the World |
Industry Dynamics
Growth Drivers
Increasing application of passive electronic components devices and the design of sophisticated electronic components are the factors which propels the growth of the market. The increasing demand for wireless devices such as access points, and high-end broadcasting systems, gateways, routers shall boost the RF & telecommunication segment thus driving the inductor market. Smartphones have witnessed the great success of MEMS gyroscopes owing to their low cost, miniature size, and lightweightness. The younger generation has adopted Google Home, Amazon Echo and Sonos smart devices as the more faster, innovative and easier way to perform everyday activities. Globally, more than 50% of internet users use digital voice assistants which is further anticipated to add to the complexity of electronics, thereby enlarging the demand for inductors. Inductors also play an important role in the healthcare and medical devices industry. Improving macro-sized hospital equipment, point-of-care devices and medical wearable are expected to increase the demand of inductors
Restraints
The growing interest rates and inflation further decreased consumer spending, which restricted the market’s growth. The use of metals that includes iron, copper and other ferrite substances for the core of inductors creates the production dependency of inductors on the raw material price. Fluctuations in the supply chain and raw material costs can increase the lead time and impact the profit margin of the market vendors that shall hamper the inductor market growth.
Geographic Overview
- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World
Geographically, the Global Inductor Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia-Pacific inductor market is driven by demand from industrial economies and technologically advanced countries, such as China, Korea, Japan, and India. China is one of the largest sources of demand for inductor components, owing to the rapidly growing semiconductor industry and industrial automation.
Competitive Insight
The market is characterized by a high degree of innovation, which is attributed to rapid technological advancements. Moreover, market players are adopting organic and inorganic growth strategies, such as product launches, mergers & acquisitions, geographical expansions and collaborations to strengthen their position in the global market.
TDK Electronics (previously EPCOS) manufactures, develops and markets electronic components and systems under the product brands of TDK, EPCOS, Tronics and Relyon Plasma focusing on fast-growing leading-edge technology markets that include industrial electronics, automotive electronics and consumer electronics as well as information and communications technology. In addition to the production of standard products company works closely with the customers to implement solutions that meet their needs.
AVX provides a wide variety of inductors for the consumer, industrial, computer and telecommunication markets. These inductors provide a robust offering which includes Power and RF products with high quality solutions and new technologies.
Key Players Covered in the Report
Key players of Inductor Market are SUMIDA CORPORATION, TDK Corporation, TAIYO YUDEN CO., LTD., AVX Corporation, Pulse Electronics Corporation, Coilcraft, Inc., Delta Electronics, Inc., Murata Manufacturing Co., Ltd., Panasonic Corporation, ICE Components, Inc.
Recent Development by Key Players
Abracon (a provider of RF and Antenna solutions) has introduced its new "ATL-series" Trans-Inductor Voltage Regulator (TLVR) Inductors with the potential to transform the landscape of power delivery with reliability and high performance. The company is investing in its product portfolio expansion to address the requirements of complex systems and work closely with customers to change the landscape of power supply design.
TDK Corporation has launched its newest addition to the inductor lineup, the KLZ2012-A series. These multilayer inductors are specifically designed for automotive audio bus (A2B) applications. The KLZ2012-A series is well-suited for high-temperature automotive environments with a wide operation range, the KLZ2012-A series is well-suited for high-temperature automotive environments, exceptional durability and superior inductance tolerance.
The global Inductor Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.
Segments Covered in the Report
- By Type
- Film Type
- Multi-Layered
- Wire Wound
- Molded
- By Core
- Air/Ceramic Core
- Ferrite Core
- Other Cores
- By Shield
- Shielded
- Unshielded
- By Mounting
- Surface Mount Technology
- Through hole technology
- By End-User
- Aerospace and Defense
- Consumer Electronics
- Information and Communication
- Industrial and Manufacturing
- Automotive
Region Covered in the Report
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- Rest of the World
- Brazil
- Saudi Arabia
- South Africa
- U.A.E
- Other Countries
.png "Inductor Market Size")
Source: VynZ Research
.png "Inductor Market Analysis")
Source: VynZ Research
Frequently Asked Questions
Place an order
Latest Report
Research Methodology
- Desk Research / Pilot Interviews
- Build Market Size Model
- Research and Analysis
- Final Deliverabvle
CONNECT WITH OUR SALES TEAM
- Toll-Free: 1 888 253 3960
- Phone: +91 9960 288 381
- Email: enquiry@vynzresearch.com
Inductor Market