Global Inductor Market by Type (Fixed Inductors, RF Inductors, Coupled Inductors, Multi-Layered Inductors, Power Inductors, Others and Variable Inductors), Core Type (Air Core, Ferromagnetic/Ferrite Core, Laminated Core, Ceramic Core, Toroidal Core), Application (Automotive, Industrial, RF and Telecommunication, Military and Defense, Consumer Electronics, Transmission and Distribution, Healthcare), and Region (North- America, Europe, Asia-Pacific, Middle East & Africa, South America) –is expected to reach US$ 5.10 Bn by 2027, at a CAGR of 4.3 %.
The inductor is an electric device containing single or multiple loops of wire and normally has two terminals. Inductor block AC pass DC. They are also used in electronic filters to discrete signals of dissimilar frequencies, and in combination with capacitors to make tuned circuits, used to tune radio and TV receivers.Increasing development of new consumer electronic products, the rising trend of smart networks, the growing use of inductors in automotive electronics and increasing demand for passive electronic components are the major driving factors of the global Inductor market.
Changing prices of raw materials is key restraint of the global inductor market. Increasing complexity due to miniaturization of inductors is the major challenging thing of this market the growing demand for wireless and connected devices is creating new opportunities for inductor market.
By application, automotive segment to hold the largest market share over forecast period.
The market for automotive application segment is expected to raise at a high in forecast period Inductors due to they are used in many applications such as EMI filtering of high-power lines and energy storage for high-frequency DC-to-DC converters. APAC is one of the largest developed hubs for automobiles in the world.
By type, fixed Inductors holds highest market share over forecast period.
Fixed inductors are anticipated to hold a major size of the market during the forecast period due to the inductors are used in various application such as in filters, sensors, transformers, energy storages, and motors among others. Fixed inductors support in attaining smaller form factors for consumer electronic products, owing to their compact size and lightweight. Fixed inductors can withstand high temperatures and can operate in dangerous environments hence, the demand for these inductors is probable to increase in the near future.
The Asia Pacific held the largest share of the market over forecast period.
Asia-Pacific region is anticipated to witness the fastest regional market evolution during the forecast period due to a surge in demand inventing from manufacturing industry, especially in China and India and APAC is a large hub for consumer electronics manufacturers among others.
This report contains a study of Marketing and development strategies, along with the Type portfolios of leading companies. It includes the profiles of leading manufacturers such as TDK Corporation, Murata Manufacturing Co., Ltd., Vishay Intertechnonogy Inc. Taiyo Yuden Co., Ltd., Chilisin Electronics Corp., Delta Electronics, Inc., Panasonic Corporation, ABC Taiwan Electronics Corporation, Pulse Electronics Corporation, Coilcraft, Inc., Shenzhen Sunlord Electronics Co., Ltd., Ourns, Inc., Sumida Corporation, Ice Components, Inc., and AVX Corporation.
Maximize Market research, a global Market research firm with a dedicated team of specialists and data has carried out extensive research about the global Inductor Market. Report encompasses the Market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for making informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the Market, further giving an insight into the Market dynamics, and future opportunities that might exist in the global Inductor database Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing Market know-how of our clients and at the same time explain the global Inductor database Market positioning of competitors.
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