Inductors Market

Inductors Market by Types (Fixed inductors, RF Inductors, Coupled Inductors, Wire Wound Inductors, Multi-layered Inductors, Power Inductors, Variable Inductors, And Others), Core Types (Air Core, Laminated Core, Ceramic Core, And Ferromagnetic Core), Applications (Filters, Sensors, Transformers, Motors, Energy Storage Components, and Others), End-Users ( Semiconductors, Telecommunications, Healthcare, Industrial, Military and Defense, Consumer Electronics, Automotive, Power Transmission and Distribution, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-1315
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 195
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The global market size was valued at USD 3.9 billion in 2020 and is estimated to surpass USD 6.1 billion by 2028, expanding at a CAGR of 4.4% during the forecast period, 2021–2028. The growth of the market is attributed to the increasing adoption of consumer electronics and growing demand for inductors in power applications due to their wide usage as energy storage devices.

Inductors Market summary

Inductors are conducting wire which stores magnetic energy, and this magnetic energy is obtained from the magnetic field generated from the current in the coil.  Based on the voltage applied to it, these inductors measure change in the current. The amount of magnetic energy that the inductor can stored, the relationship between voltage applied and the increase in the current that it causes, gives us the inductance of the inductor. Direct Current as well as Alternating Current can be passed through the coil of the inductor. Various results can be obtained by just changing the coil that is wrapped the core.

When Direct Current is passed through the coil, then it generates magnetic field around the inductor but when Alternating Current is passed through the coil, it creates magnetic field that changes state as AC signals keep changing between positive and negative charge. Inductors are used in tuning circuits and sensors. They are used induction motors as well as transformers. Inductors are used in electronics devices and areas such as voltage stabilization, signal controlling, noise elimination, automobile operations, power electronic equipment’s, and many more devices.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing adoption of inductors in manufacturing consumer electronics worldwide such as, laptops, smartphones, tablets, portable gaming consoles, and others is projected to drive the market demand in the coming years.
  • Rapid growth of automotive and telecom industry which are deemed as largest end-users of inductors and increased electrification in automobiles in recent years are some of the major factors pushing the market growth during the forecast period.
  • High and fluctuating prices of raw materials such as iron, copper, and ferrite used to manufacture inductors present as major challenge restraining market growth during the forecast period.
  • Onset of covid 19 has affected the inductor market to a large extent due to supply chain restrictions, slow down of manufacturing in end-user sectors such as automotive and electronics is anticipated to hinder the market expansion in the coming years.
  • Increasing complexities due to rapid demand for miniaturization of inductors has led to high cost of manufacturing and lack of skilled labors which acts as major challenge that impede the market growth during the forecast period.
  • R&D investment, technological advancement, and growing demand are projected to create lucrative opportunities for the market players.

Scope of the Report

The report on the global inductor market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Inductor Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Fixed inductors, RF Inductors, Coupled Inductors, Wire Wound Inductors, Multi-layered Inductors, Power Inductors, Variable Inductors, And Others), Core Types (Air Core, Laminated Core, Ceramic Core, And Ferromagnetic Core), Applications (Filters, Sensors, Transformers, Motors, Energy Storage Components, and Others), End-Users (Semiconductors, Telecommunications, Healthcare, Industrial, Military and Defense, Consumer Electronics, Automotive, Power Transmission and Distribution, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Panasonic Corporation, ABC Taiwan Electronics Corporation, Pulse Electronics Corporation, Coilcraft, Inc., Shenzhen Sunlord Electronics Co., Ltd., Bourns, Inc., Sumida Corporation., Ice Components, Inc., API Delevan, Inc., Caddell- Burns Manufacturing Co., Inc., Datatronic Distribution, Inc., Houston Transformer Company, and AVX Corporation, TDK Corporation, Murata Manufacturing Co., Ltd., Vishay Intertechnology Inc., Taiyo Yuden Co., Ltd., Chilisin Electronics Corp., Delta Electronics, Inc.

Market Segment Insights

Wire wound inductors segment is projected to account for large market share

Based on types, the inductor market is segmented into fixed inductors, RF inductors, coupled inductors, wire wound inductors, multi-layered inductors, power inductors, variable inductors, and others. The wire wound inductors segment is anticipated to account for major market share during the forecast period due to their relatively less manufacturing costs in comparison to other types of inductors.

Wire wound inductors have high inductance value and have a core made up of magnetic metals such as, iron or ferrite with wire wound around it. They block unwanted radio frequencies which can interfere with audio sound quality and disrupt electrical circuits. Hence, wire wound inductors are typically found in car audio systems, electronic control units (ECUs), and electronic equipment used in communications infrastructures and mobile base stations.  All these factors are projected to drive the segment expansion at a significant CAGR during the forecast period.

Inductors Market types

Ferromagnetic core segment is estimated to exhibit high CAGR

Based on core types, the inductor market is segregated into air core, laminated core, ceramic core, and ferromagnetic core. The ferromagnetic core segment is expected to exhibit high CAGR owing to its high resistance characteristics in comparison to other inductor core types and due to their large number of applications in various electronic products such as, they are used in surface acoustic wave filters and voltage-controlled oscillator circuits for telecommunications, computers, hard disks, and others.

Filters segment to expand at a significant rate

Based on applications, the inductor market is segmented into filters, sensors, transformers, motors, energy storage components, and others. Sensors segment to expand at a significant rate in the coming years owing to their high demand in electronics sector. Filters are the electronic devices which are used to limit frequency of the input signal entering to a circuit.

Inductors Market application

Consumer electronics is projected to constitute for major market share

Based on end-users, the inductor market is segregated into semiconductors, telecommunications, healthcare, industrial, military and defense, consumer electronics, automotive, power transmission and distribution, and others. The consumer electronics segment is projected to constitute for major market share during the forecast period. The segment growth is attributed to increasing demand for consumer electronics across the world, such as computers and laptops, smartphones, tablets, portable gaming consoles, and set-up boxes.

Inductors Market end-users

Asia Pacific is anticipated to dominate the market

On the basis of regions, the inductor market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to affordable supply chain, raw material cost, inexpensive labor, and emergence of various developing economies such as India, China, Vietnam, and Indonesia.
 

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inductors Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Inductors Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Inductors Market - Supply Chain
  4.5. Global Inductors Market Forecast
     4.5.1. Inductors Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Inductors Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Inductors Market Absolute $ Opportunity
5. Global Inductors Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Inductors Market Size and Volume Forecast by Types
     5.3.1. Fixed inductors
     5.3.2. RF Inductors
     5.3.3. Coupled Inductors
     5.3.4. Wire Wound Inductors
     5.3.5. Multi-layered Inductors
     5.3.6. Power Inductors
     5.3.7. Variable Inductors
     5.3.8. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Inductors Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Inductors Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Inductors Demand Share Forecast, 2019-2026
7. North America Inductors Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Inductors Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Inductors Market Size and Volume Forecast by Types
     7.4.1. Fixed inductors
     7.4.2. RF Inductors
     7.4.3. Coupled Inductors
     7.4.4. Wire Wound Inductors
     7.4.5. Multi-layered Inductors
     7.4.6. Power Inductors
     7.4.7. Variable Inductors
     7.4.8. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Inductors Demand Share Forecast, 2019-2026
8. Latin America Inductors Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Inductors Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Inductors Market Size and Volume Forecast by Types
     8.4.1. Fixed inductors
     8.4.2. RF Inductors
     8.4.3. Coupled Inductors
     8.4.4. Wire Wound Inductors
     8.4.5. Multi-layered Inductors
     8.4.6. Power Inductors
     8.4.7. Variable Inductors
     8.4.8. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Inductors Demand Share Forecast, 2019-2026
9. Europe Inductors Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Inductors Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Inductors Market Size and Volume Forecast by Types
     9.4.1. Fixed inductors
     9.4.2. RF Inductors
     9.4.3. Coupled Inductors
     9.4.4. Wire Wound Inductors
     9.4.5. Multi-layered Inductors
     9.4.6. Power Inductors
     9.4.7. Variable Inductors
     9.4.8. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Inductors Demand Share Forecast, 2019-2026
10. Asia Pacific Inductors Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Inductors Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Inductors Market Size and Volume Forecast by Types
     10.4.1. Fixed inductors
     10.4.2. RF Inductors
     10.4.3. Coupled Inductors
     10.4.4. Wire Wound Inductors
     10.4.5. Multi-layered Inductors
     10.4.6. Power Inductors
     10.4.7. Variable Inductors
     10.4.8. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Inductors Demand Share Forecast, 2019-2026
11. Middle East & Africa Inductors Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Inductors Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Inductors Market Size and Volume Forecast by Types
     11.4.1. Fixed inductors
     11.4.2. RF Inductors
     11.4.3. Coupled Inductors
     11.4.4. Wire Wound Inductors
     11.4.5. Multi-layered Inductors
     11.4.6. Power Inductors
     11.4.7. Variable Inductors
     11.4.8. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Inductors Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Inductors Market: Market Share Analysis
  12.2. Inductors Distributors and Customers
  12.3. Inductors Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Panasonic Corporation
     12.4.2. ABC Taiwan Electronics Corporation
     12.4.3. Pulse Electronics Corporation
     12.4.4. Coilcraft Inc.
     12.4.5. Shenzhen Sunlord Electronics Co., Ltd.
     12.4.6. Bourns Inc.
     12.4.7. Sumida Corporation

Segments Covered in the Report
Types

  • Fixed inductors
  • RF Inductors
  • Coupled Inductors
  • Wire Wound Inductors
  • Multi-layered Inductors
  • Power Inductors
  • Variable Inductors
  • Others

Core Types

  • Air Core
  • Laminated Core
  • Ceramic Core
  • Ferromagnetic Core

Applications

  • Filters
  • Sensors
  • Transformers
  • Motors
  • Energy Storage Components
  • Others

End-Users

  • Semiconductors
  • Telecommunications
  • Healthcare
  • Industrial
  • Military and Defense
  • Consumer Electronics
  • Automotive
  • Power Transmission and Distribution
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Panasonic Corporation
  • ABC Taiwan Electronics Corporation
  • Pulse Electronics Corporation
  • Coilcraft Inc.
  • Shenzhen Sunlord Electronics Co., Ltd.
  • Bourns Inc.
  • Sumida Corporation
  • Ice Components, Inc.
  • API Delevan Inc.
  • Caddell- Burns Manufacturing Co. Inc.
  • Datatronic Distribution Inc.
  • Houston Transformer Company
  • AVX Corporation
  • TDK Corporation
  • Murata Manufacturing Co. Ltd.
  • Vishay Intertechnology Inc.
  • Taiyo Yuden Co. Ltd.
  • Chilisin Electronics Corp
  • Delta Electronics Inc.

Key players competing in the inductor market include Panasonic Corporation, ABC Taiwan Electronics Corporation, Pulse Electronics Corporation, Coilcraft, Inc., Shenzhen Sunlord Electronics Co., Ltd., Bourns, Inc., Sumida Corporation., Ice Components, Inc., API Delevan, Inc., Caddell- Burns Manufacturing Co., Inc., Datatronic Distribution, Inc., Houston Transformer Company, and AVX Corporation, TDK Corporation, Murata Manufacturing Co., Ltd., Vishay Intertechnology Inc., Taiyo Yuden Co., Ltd., Chilisin Electronics Corp., and Delta Electronics, Inc.

Inductors Market keyplayers

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