Inductor Market
English Public
Market snapshot.
The inductor market revenue will reach around USD 6.5 billion in 2022. Furthermore, according to our insights on the inductor market, it is expected to grow at a CAGR of around 6.38% during the forecast period to reach approximately USD 13.7 billion by 2035.
Market overview.
Passive two-terminal components that store energy in an electromagnetic field when current is applied are known as inductors. They have a coil-like structure. This structure consists of a core of plastic or ferromagnetic material. This core is surrounded by a loop of wire made of copper or other conductive material. Inductors are used to store and release energy in power converters as well as to create tuned oscillators. They may also be used in electrical circuits for blocking and filtering high-frequency noise.
Get a complete PDF sample copy of the report: https://www.sdki.jp/sample-request-107905
Growth factors of the inductor market
The key growth factors for the inductor market are as follows
1. increasing global penetration of electric vehicles - demand for passive components in the automotive industry stagnated during the epidemic due to declining sales and investments. However, the pace will change from 2021 onwards. The inductor market is expected to grow steadily as governments around the world support electric vehicles and other environmentally sustainable solutions. For instance, battery electric vehicles in China are estimated to receive up to USD 18 billion in government investment in 2022. Therefore, the increasing production of electric vehicles should increase the demand for passive components and expand the market size of inductors.
2. evolution of consumer electronics - there are many opportunities for the use of power inductors in consumer electronics. Small size, low direct current resistance (DCR) and high current capability are some of the reasons why power inductors are used in these devices.
Other inductors used in consumer electronics include air-core inductors, multilayer inductors and RF inductors. Therefore, the inductor market size is expected to grow significantly due to the growth of the consumer electronics industry. According to our inductor market research report, nearly 4 billion computing devices will be traded worldwide by 2022.
Latest developments.
1. in May 2023, Pulse launched a new range of mini-moulded power inductors, focusing on L-shaped termination styles, with inductances ranging from 110 nH to 2.2 uH.
2. in October 2022, TDK Corporation announced the launch of the VLS5030EX-D type power inductor as part of the VLS-EX-D series.
Challenges.
Price fluctuations of common raw materials such as iron, copper and ferrite are one of the major factors limiting market growth during the forecast period. Inconsistent regional raw material supply can be attributed to several factors, the most common of which are political instability and transport issues.
Competitive environment.
Major companies in the global market for inductors include Vishay Intertechnology, Inc, Pulse Electronics, Coilcraft Inc, ICE Components, Inc and Bourns, Inc. In addition, the top five companies in the Japanese market include Panasonic Holdings Corporation, TDK Corporation, Murata Manufacturing Company, Ltd, Taiyo Yuden Co. and Sumida Corporation. The study includes detailed competitive analysis, company profiles, recent trends and key market strategies of these leading companies in the global inductor market.
For more information on the market research report, please visit: https://www.sdki.jp/reports/inductor-market/107905
The inductor market revenue will reach around USD 6.5 billion in 2022. Furthermore, according to our insights on the inductor market, it is expected to grow at a CAGR of around 6.38% during the forecast period to reach approximately USD 13.7 billion by 2035.
Market overview.
Passive two-terminal components that store energy in an electromagnetic field when current is applied are known as inductors. They have a coil-like structure. This structure consists of a core of plastic or ferromagnetic material. This core is surrounded by a loop of wire made of copper or other conductive material. Inductors are used to store and release energy in power converters as well as to create tuned oscillators. They may also be used in electrical circuits for blocking and filtering high-frequency noise.
Get a complete PDF sample copy of the report: https://www.sdki.jp/sample-request-107905
Growth factors of the inductor market
The key growth factors for the inductor market are as follows
1. increasing global penetration of electric vehicles - demand for passive components in the automotive industry stagnated during the epidemic due to declining sales and investments. However, the pace will change from 2021 onwards. The inductor market is expected to grow steadily as governments around the world support electric vehicles and other environmentally sustainable solutions. For instance, battery electric vehicles in China are estimated to receive up to USD 18 billion in government investment in 2022. Therefore, the increasing production of electric vehicles should increase the demand for passive components and expand the market size of inductors.
2. evolution of consumer electronics - there are many opportunities for the use of power inductors in consumer electronics. Small size, low direct current resistance (DCR) and high current capability are some of the reasons why power inductors are used in these devices.
Other inductors used in consumer electronics include air-core inductors, multilayer inductors and RF inductors. Therefore, the inductor market size is expected to grow significantly due to the growth of the consumer electronics industry. According to our inductor market research report, nearly 4 billion computing devices will be traded worldwide by 2022.
Latest developments.
1. in May 2023, Pulse launched a new range of mini-moulded power inductors, focusing on L-shaped termination styles, with inductances ranging from 110 nH to 2.2 uH.
2. in October 2022, TDK Corporation announced the launch of the VLS5030EX-D type power inductor as part of the VLS-EX-D series.
Challenges.
Price fluctuations of common raw materials such as iron, copper and ferrite are one of the major factors limiting market growth during the forecast period. Inconsistent regional raw material supply can be attributed to several factors, the most common of which are political instability and transport issues.
Competitive environment.
Major companies in the global market for inductors include Vishay Intertechnology, Inc, Pulse Electronics, Coilcraft Inc, ICE Components, Inc and Bourns, Inc. In addition, the top five companies in the Japanese market include Panasonic Holdings Corporation, TDK Corporation, Murata Manufacturing Company, Ltd, Taiyo Yuden Co. and Sumida Corporation. The study includes detailed competitive analysis, company profiles, recent trends and key market strategies of these leading companies in the global inductor market.
For more information on the market research report, please visit: https://www.sdki.jp/reports/inductor-market/107905
by akiariku
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