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Inductors Market Size, Share, Industry & Opportunities 2031

Inductors Market

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Segments - 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 2023 – 2031

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Raksha Sharma

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Report Description

Inductors Market Outlook 2031

The global inductors market size was valued at USD 4.25 Billion in 2022 and is likely reach to USD 6.26 Billion by 2031, expanding at a CAGR of 4.4% during the forecast period, 2023–2031. 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 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 Inductors Market 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	2022
Historic Data	2016–2021
Forecast Period	2023–2031
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.

Inductors 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.

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.

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 Regional Outlook

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.

Segments

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.

Competitive Landscape

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.

Table Of Content

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 (000â€™ 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 Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Inductors Market Size and Volume Forecast by Applications
     6.3.1. Filters
     6.3.2. Sensors
     6.3.3. Transformers
     6.3.4. Motors
     6.3.5. Energy Storage Components
     6.3.6. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Inductors Market Analysis and Forecast by End Users
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by End Users
     7.2.2. Y-o-Y Growth Projections by End Users
  7.3. Inductors Market Size and Volume Forecast by End Users
     7.3.1. Semiconductors Telecommunications
     7.3.2. Healthcare
     7.3.3. Industrial
     7.3.4. Military and Defense
     7.3.5. Consumer Electronics
     7.3.6. Automotive
  7.4. Absolute $ Opportunity Assessment by End Users
  7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Inductors Market Analysis and Forecast by Region
  8.1. Market Trends
  8.2. Introduction
     8.2.1. Basis Point Share (BPS) Analysis by Region
     8.2.2. Y-o-Y Growth Projections by Region
  8.3. Inductors Market Size and Volume Forecast by Region
     8.3.1. North America
     8.3.2. Latin America
     8.3.3. Europe
     8.3.4. Asia Pacific
     8.3.5. Middle East and Africa (MEA)
  8.4. Absolute $ Opportunity Assessment by Region
  8.5. Market Attractiveness/Growth Potential Analysis by Region
  8.6. Global Inductors Demand Share Forecast, 2019-2026
9. North America 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
  9.2. North America Inductors Market Size and Volume Forecast by Country
     9.2.1. U.S.
     9.2.2. Canada
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. North America 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. North America Inductors Market Size and Volume Forecast by Applications
     9.7.1. Filters
     9.7.2. Sensors
     9.7.3. Transformers
     9.7.4. Motors
     9.7.5. Energy Storage Components
     9.7.6. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. North America Inductors Market Size and Volume Forecast by End Users
     9.10.1. Semiconductors Telecommunications
     9.10.2. Healthcare
     9.10.3. Industrial
     9.10.4. Military and Defense
     9.10.5. Consumer Electronics
     9.10.6. Automotive
  9.11. Basis Point Share (BPS) Analysis by End Users
  9.12. Y-o-Y Growth Projections by End Users
  9.13. Market Attractiveness/Growth Potential Analysis
     9.13.1. By Country
     9.13.2. By Product Type
     9.13.3. By Application
  9.14. North America Inductors Demand Share Forecast, 2019-2026
10. Latin America 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. Latin America Average Pricing Analysis
  10.2. Latin America Inductors Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
  10.4. Latin America 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. Latin America Inductors Market Size and Volume Forecast by Applications
     10.7.1. Filters
     10.7.2. Sensors
     10.7.3. Transformers
     10.7.4. Motors
     10.7.5. Energy Storage Components
     10.7.6. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Latin America Inductors Market Size and Volume Forecast by End Users
     10.10.1. Semiconductors Telecommunications
     10.10.2. Healthcare
     10.10.3. Industrial
     10.10.4. Military and Defense
     10.10.5. Consumer Electronics
     10.10.6. Automotive
  10.11. Basis Point Share (BPS) Analysis by End Users
  10.12. Y-o-Y Growth Projections by End Users
  10.13. Market Attractiveness/Growth Potential Analysis
     10.13.1. By Country
     10.13.2. By Product Type
     10.13.3. By Application
  10.14. Latin America Inductors Demand Share Forecast, 2019-2026
11. Europe 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. Europe Average Pricing Analysis
  11.2. Europe Inductors Market Size and Volume Forecast by Country
     11.2.1. Germany
     11.2.2. France
     11.2.3. Italy
     11.2.4. U.K.
     11.2.5. Spain
     11.2.6. Russia
     11.2.7. Rest of Europe
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Europe 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. Europe Inductors Market Size and Volume Forecast by Applications
     11.7.1. Filters
     11.7.2. Sensors
     11.7.3. Transformers
     11.7.4. Motors
     11.7.5. Energy Storage Components
     11.7.6. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Europe Inductors Market Size and Volume Forecast by End Users
     11.10.1. Semiconductors Telecommunications
     11.10.2. Healthcare
     11.10.3. Industrial
     11.10.4. Military and Defense
     11.10.5. Consumer Electronics
     11.10.6. Automotive
  11.11. Basis Point Share (BPS) Analysis by End Users
  11.12. Y-o-Y Growth Projections by End Users
  11.13. Market Attractiveness/Growth Potential Analysis
     11.13.1. By Country
     11.13.2. By Product Type
     11.13.3. By Application
  11.14. Europe Inductors Demand Share Forecast, 2019-2026
12. Asia Pacific Inductors Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Asia Pacific Average Pricing Analysis
  12.2. Asia Pacific Inductors Market Size and Volume Forecast by Country
     12.2.1. China
     12.2.2. Japan
     12.2.3. South Korea
     12.2.4. India
     12.2.5. Australia
     12.2.6. Rest of Asia Pacific (APAC)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Asia Pacific Inductors Market Size and Volume Forecast by Types
     12.4.1. Fixed inductors
     12.4.2. RF Inductors
     12.4.3. Coupled Inductors
     12.4.4. Wire Wound Inductors
     12.4.5. Multi-layered Inductors
     12.4.6. Power Inductors
     12.4.7. Variable Inductors
     12.4.8. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Asia Pacific Inductors Market Size and Volume Forecast by Applications
     12.7.1. Filters
     12.7.2. Sensors
     12.7.3. Transformers
     12.7.4. Motors
     12.7.5. Energy Storage Components
     12.7.6. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Asia Pacific Inductors Market Size and Volume Forecast by End Users
     12.10.1. Semiconductors Telecommunications
     12.10.2. Healthcare
     12.10.3. Industrial
     12.10.4. Military and Defense
     12.10.5. Consumer Electronics
     12.10.6. Automotive
  12.11. Basis Point Share (BPS) Analysis by End Users
  12.12. Y-o-Y Growth Projections by End Users
  12.13. Market Attractiveness/Growth Potential Analysis
     12.13.1. By Country
     12.13.2. By Product Type
     12.13.3. By Application
  12.14. Asia Pacific Inductors Demand Share Forecast, 2019-2026
13. Middle East & Africa Inductors Market Analysis and Forecast
  13.1. Introduction
     13.1.1. Basis Point Share (BPS) Analysis by Country
     13.1.2. Y-o-Y Growth Projections by Country
     13.1.3. Middle East & Africa Average Pricing Analysis
  13.2. Middle East & Africa Inductors Market Size and Volume Forecast by Country
     13.2.1. Saudi Arabia
     13.2.2. South Africa
     13.2.3. UAE
     13.2.4. Rest of Middle East & Africa (MEA)
  13.3. Absolute $ Opportunity Assessment by Country
  13.4. Middle East & Africa Inductors Market Size and Volume Forecast by Types
     13.4.1. Fixed inductors
     13.4.2. RF Inductors
     13.4.3. Coupled Inductors
     13.4.4. Wire Wound Inductors
     13.4.5. Multi-layered Inductors
     13.4.6. Power Inductors
     13.4.7. Variable Inductors
     13.4.8. Others
  13.5. Basis Point Share (BPS) Analysis by Types
  13.6. Y-o-Y Growth Projections by Types
  13.7. Middle East & Africa Inductors Market Size and Volume Forecast by Applications
     13.7.1. Filters
     13.7.2. Sensors
     13.7.3. Transformers
     13.7.4. Motors
     13.7.5. Energy Storage Components
     13.7.6. Others
  13.8. Basis Point Share (BPS) Analysis by Applications
  13.9. Y-o-Y Growth Projections by Applications
  13.10. Middle East & Africa Inductors Market Size and Volume Forecast by End Users
     13.10.1. Semiconductors Telecommunications
     13.10.2. Healthcare
     13.10.3. Industrial
     13.10.4. Military and Defense
     13.10.5. Consumer Electronics
     13.10.6. Automotive
  13.11. Basis Point Share (BPS) Analysis by End Users
  13.12. Y-o-Y Growth Projections by End Users
  13.13. Market Attractiveness/Growth Potential Analysis
     13.13.1. By Country
     13.13.2. By Product Type
     13.13.3. By Application
  13.14. Middle East & Africa Inductors Demand Share Forecast, 2019-2026
14. Competition Landscape
  14.1. Global Inductors Market: Market Share Analysis
  14.2. Inductors Distributors and Customers
  14.3. Inductors Market: Competitive Dashboard
  14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     14.4.1. Panasonic Corporation
     14.4.2. ABC Taiwan Electronics Corporation
     14.4.3. Pulse Electronics Corporation
     14.4.4. Coilcraft Inc.
     14.4.5. Shenzhen Sunlord Electronics Co., Ltd.
     14.4.6. Bourns Inc.
     14.4.7. Sumida Corporation

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