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Global Inductor Market Expected to Grow at CAGR of 4.2% During the Forecast Period, 2020-2025 - ResearchAndMarkets.com

February 11, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Feb 11, 2020--

The “Inductor Market by Inductance (Fixed, Variable), Type (Wire wound, Multilayered, Molded, Film), Core Type (Air, Ferrite, Iron), Shield Type (Shielded, Unshielded), Mounting Technique, Vertical, Application, Geography - Global Forecast 2025” report has been added to ResearchAndMarkets.com’s offering.

The global inductor market is estimated to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025; at a CAGR of 4.2%.

Major driving factors of the inductor market are the increasing demand for consumer electronics that require a large number of inductors and the rising adoption of electric vehicles. Recent advancements in wireless technologies such as 4G and 5G have increased the scope for electronic components in a wide range of applications in industrial and commercial sectors.

Wire-wound inductors are expected to continue to hold largest market share during forecast period

Wire-wound inductors have a core made of magnetic metals such as iron or ferrite with a wire wound around it. Unwanted radio frequencies can interfere with audio sound quality and disrupt electrical circuits. Thus, wire-wound inductors are used as they can block or filter radio frequencies. They are typically found in car audio systems and electronic control units (ECUs) and also in electronic equipment used in communication infrastructures and mobile base stations.

They are mainly used in the high-frequency circuits of mobile communication equipment, such as wireless LAN, mobile phones, broadband components, RFID tags, RF transceivers, Bluetooth, Wireless PDA, and security systems. Wire-wound inductors are larger in size and their performance is twice than that of multilayered inductors of the same size. Wire-wound inductors have the largest market share as the manufacturing costs involved are less compared with other types of inductors and they provide a high inductance value.

Air-core and Ferrite-core inductors are the fastest growing during the forecast period

An air core inductor has air inside its windings and does not depend on a ferromagnetic material to achieve its specified inductance. Its inductance is unaffected by the current it carries. These inductors are designed to perform at high frequencies of 1 GHz as ferromagnetic cores tend to have losses above 100 MHz. These inductors are used at high frequencies as they are free from energy losses, called core losses, which increase with frequency. A few of the application areas of these types of inductors are TV and radio receivers.

A ferromagnetic core uses iron or ferrite materials to increase inductance. It offers higher resistance compared with other inductor core types. Ferrite core inductors are used in surface acoustic wave (SAW) filters and voltage-controlled oscillator (VCO) circuits for telecommunication, hard disks, notebook computers, and other electronic equipment. Several applications associated with ferrite core inductors are broadband transformers, noise filters, power transformers, converter and inverter transformers, and others.

Consumer Electronics vertical to hold largest market share of inductor market in 2020

Consumer electronic products are vulnerable to operational threats from voltage transients such as lightning and electro-static discharge (ESD), short circuits, or overload conditions. These products must comply with the ongoing regulatory standards for safe and energy-efficient operation, transmission, and the distribution of power/signal. The growing demand for consumer electronics across the world, such as smartphones, tablets, portable gaming consoles, laptops, and set-top boxes is the major factor driving the demand for various inductors. The consumer electronics vertical makes the highest use of inductors. Inductors in consumer electronics are used for power supply in various complex circuits to manage current, and also, as filters in circuits to cut off undesirable frequencies. Thus, the consumer electronics vertical is expected to have the largest market share of the inductor market.

APAC is largest and fastest-growing market

The growth of the inductor market in APAC is driven mainly by the growth of the consumer electronics market in the region. APAC is witnessing dynamic changes in terms of the adoption of new technologies across various industries. As APAC has low labor costs, most of the inductors are manufactured in APAC and are exported to various regions. There is an extensive rise in the demand for power, which is increasing the need for power management and thereby, accelerating the demand for inductors.

Key Benefits of Buying the Report

Key Topics Covered:

1 Introduction

1.1 Study Objectives

1.2 Definition and Scope

1.3 Inclusions and Exclusions

1.4 Study Scope

1.5 Currency

1.6 Limitations

1.7 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Size Estimation

2.3 Market Breakdown and Data Triangulation

2.4 Research Assumptions

3 Executive Summary

4 Premium Insights

4.1 Inductor Market, 2020-2025 (USD Billion)

4.2 Market, By Shield Type

4.3 Market in APAC, By Vertical and Country

4.4 Market, By Mounting Technique

4.5 Market, By Application

4.6 Market, By Vertical

4.7 Market, By Region

5 Market Overview

5.1 Market Dynamics

5.1.1 Drivers

5.1.2 Restraints

5.1.3 Opportunities

5.1.4 Challenges

6 Inductor Market, By Inductance

6.1 Introduction

6.2 Fixed Inductors

6.3 Variable Inductors

7 Inductor Market, By Type

7.1 Introduction

7.2 Film Type

7.3 Multilayered

7.4 Wire Wound

7.5 Molded Type

8 Inductor Market, By Core Type

8.1 Introduction

8.2 Air Core

8.3 Ferromagnetic/Ferrite Core

8.4 Iron Core

9 Inductor Market, By Shield Type

10 Inductor Market, By Mounting Technique

10.1 Introduction

10.2 Surface Mount

10.3 Through Hole

11 Inductor Market, By Application

11.1 Introduction

11.2 General Circuits

11.3 Power Applications

11.4 High-Frequency Applications

12 Inductor Market, By Vertical

12.1 Introduction

12.2 Automotive

12.3 Industrial

12.4 RF & Telecommunication

12.5 Military & Defense

12.6 Consumer Electronics

12.7 Transmission & Distribution

12.8 Healthcare

13 Inductor Market, By Region

13.1 Introduction

13.2 North America

13.3 Europe

13.4 APAC

13.5 RoW

14 Competitive Landscape

14.1 Overview

14.2 Competitive Leadership Mapping

14.3 Competitive Benchmarking

14.4 Ranking Analysis of Key Players in Inductor Market

14.5 Competitive Situations and Trends:

15 Company Profiles

15.1 Key Players

15.1.1 Murata Manufacturing

15.1.2 TDK

15.1.3 Vishay Intertechnology

15.1.4 TAIYO YUDEN

15.1.5 Chilisin

15.1.6 Delta Electronics

15.1.7 Panasonic

15.1.8 ABC Taiwan Electronics

15.1.9 Pulse Electronics

15.2 Right to Win

15.3 Other Key Players

15.3.1 Coilcraft

15.3.2 Shenzhen Sunlord Electronics

15.3.3 Bourns

15.3.4 Sumida

15.3.5 ICE Components

15.3.6 AVX

15.3.7 Bel Fuse

15.3.8 Falco Electronics

15.3.9 GCi Technologies

15.3.10 Wrth Elektronik

15.3.11 Samsung-Electro Mechanics (SEMCO)

For more information about this report visit https://www.researchandmarkets.com/r/pe2i6y

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INDUSTRY KEYWORD: TECHNOLOGY HARDWARE

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PUB: 02/11/2020 12:05 PM/DISC: 02/11/2020 12:05 PM

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