According to the latest report by IMARC Group, “Global Inductor Market Value, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global inductors market reached a value of US$ 4.01 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5.31 Billion by 2027, exhibiting a CAGR of 4.60% during 2022-2027.
Inductors, also known as coils, are passive two-terminal components used in power electronic circuits to store energy in the magnetic field when the current is applied. They consist of insulated copper wire that transfers energy in power converters, filters high-frequency noise in electrical circuits, and controls electric spikes and surges. As a result, they find extensive applications across automotive, defense, medical, consumer electronics, telecom, and aerospace industries.
| Report Metric |
| Historical: 2016-2021 |
| Base Year: 2021 |
| Forecast Year: 2022-2027 |
Inductor Market Trends and Drivers:
The market is primarily driven by the escalating demand for consumer electronics, such as smartphones, set-top boxes, laptops, portable gaming consoles, and tablets. In addition, the rising adoption of smart devices due to the availability of high-speed internet, rising disposable incomes, and improving living standards of consumers represents another major growth-inducing factor.
Request Free Sample Report: https://www.imarcgroup.com/inductors-market/requestsample
Besides this, various key players are introducing innovative product variants to gain a competitive advantage and extend their product portfolio. This, coupled with the increasing utilization of electronic elements in automobiles and the growing consumer inclination toward electric vehicles (EVs), is escalating the product demand across the automotive industry. Moreover, rapid digitalization, rising product adoption in various medical and industrial applications, ongoing research and development (R&D) activities, and the emergence of 5G technology are some of the other factors propelling the market growth.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Inductor Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
ABC Taiwan Electronics Corp., Coilcraft Inc., Delta Electronics Inc., KYOCERA AVX Components Corporation (KYOCERA Corporation), Murata Manufacturing Co. Ltd., Panasonic Corporation, Samsung Electro-Mechanics, Sumida Corporation, Taiyo Yuden Co. Ltd., TDK Corporation, TT Electronics Plc, Vishay Intertechnology Inc. and Yageo Corporation.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5657&flag=C
The report has segmented the market on the basis of region, type, core and end user.
Breakup by Type:
- Wire Wound
- Multilayered
- Film
- Molded
Breakup by Core:
- Air Core
- Ferromagnetic/Ferrite Core
- Others
Breakup by End User:
- Automotive
- Consumer Electronics
- Aerospace and Defense
- Communications
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800