Fri, 01 Dec 2023

The global inductor market is anticipated to reach a valuation of US$ 21417.5 Mn by 2032, with the demand growing at a positive CAGR of 6.1% from 2022 to 2032. The target market is expected to register a year-on-year growth of 5.6% in 2022 and reach an estimated US$ 11862.1 Mn by the end of the year. Swift digitalization occurring all over the world is increasing the production and application of electronic goods which will bolster the growth of the inductor market during the forecast period.

A passive two-terminal electrical element that reserves energy in a magnetic field when electric current flows through it is referred to as an inductor. These devices are extensively used as energy storage devices in several switched-mode power suppliers to produce DC (direct current). A majority of the inductors are used as filters to lessen the dose of ripple in electronic circuits. They are further utilized in electrical transmission systems, where they cap switching currents and fault currents.

Request Sample @

Inductors are required for power conversion in power electronics. This is one of the major aspects that drives the demand for inductors in the global market. Thus, the rising popularity of power electronics also propels the growth of the inductors market. In addition to this, a considerable rise in the usage of electronically operated tools including automated machinery with computer numerical control in different industry verticals will likely bolster the global inductor market.

Moreover, the inductor market is projected to show immense growth over the upcoming decade owing to the prevailing automation trend in various end-use industries such as the automotive, consumer electronics, and power industries. All of these considerations, in addition to many others, propel the market growth of the inductor market during the forecast period.

"Rapid digitalization taking place all over the globe coupled with the miniaturization of electronics will likely supplement the global growth of the inductor market over the forecast period," says an FMI analyst.

Key Takeaways:

  • Heightened demand for inductors in the mobility sector will foster market growth.
  • Accounting for 79.7% of the market share in North America, the U.S inductor market will grow at 5.4% CAGR.
  • The sales of the inductor market in Germany will grow 2x by 2032, generating US$ 932.1 Mn in revenue.
  • China's inductor market will exceed revenue worth US$ 795.5 Mn by 2032.
  • By core type, the air segment will create an opportunity of US$ 5143.5 Mn during the forecast period.
  • Based on technique, the surface mount technology will hold 60% of the global market share.

Request Customization @

Competitive Landscape

Murata Manufacturing, TDK Corporation, Vishay Intertechnology, Taiyo Yuden Co., Ltd., Chilisin, Delta Electronics, Panasonic, ABC Taiwan Electronics, Pulse Electronics, Coilcraft, Shenzhen Sunlord Electronics, Bourns Inc., ICE Components, Inc., Kyocera Corp AVX, Bel Fuse Inc., Wurth Elektronik, TE Connectivity, Samsung Electro Mechanics Co. Ltd., among others are some of the major players in the inductor market profiled in the full version of the report.

Leading market players are focusing on tactics like mergers, acquisitions, and expansion of their operations to strengthen their supply chain. These enterprises are also studying, developing, and releasing new products into the market.

More Insights into Inductor Market Report

In its latest report, FMI offers an unbiased analysis of the global inductor market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of inductance type (fixed inductors, variable inductors), type (film type, multi-layered, wire wound, molded), core type (air core, ferrite core, iron core), mounting technique (surface mount, through hole), application (automotive, industrial, RF, telecommunications & high-frequency applications, military and defense, consumer electronics, power generation, transmission and distributions, healthcare), and region.

According to the latest FMI reports, based on segmentation, the air core type inductors are anticipated to be the fastest growing segment, creating a growth opportunity of US$ 5143.5 Mn during the forecast period. In terms of mounting technique, the surface mount technology will continue to maintain its popularity, holding over 60% of the global inductor market share during 2022-2032.

Based on region, the inductor market in the United States is expected to exhibit substantial growth during 2022-2032. The U.S inductor market accounts for 79.7% of the market share in North America and is set to expand at a CAGR of 5.4%. The advancing automotive and consumer electronics sectors, the rising adoption of advanced technologies, as well as the strong presence of major market players are accountable for the target market growth in this country. In addition to the U.S., China and Germany, too, will demonstrate notable market growth during the forecast period.

Use promo code ->> FMITODAY to get flat 20% discount

Global Inductor Market By Category

By Inductance Type:

  • Fixed Inductors
  • Variable Inductors

By Type:

  • Film Type
  • Multi-Layered
  • Wire Wound
  • Molded

By Core Type:

  • Air Core
  • Ferrite Core
  • Iron Core

By Mounting Technique:

  • Surface Mount
  • Through Hole

By Application:

  • Automotive
  • Industrial
  • RF, Telecommunications & High Frequency Applications
  • Military and Defense
  • Consumer Electronics
  • Power Generation, Transmission and Distributions
  • Healthcare

View Full Report @

Explore Research Reports of Industrial Automation:   

Laser Welding Equipment Market Size: Laser Welding Equipment Market By Technology, Application & Region - Forecast 2022 - 2032

Solar Microinverter Market Share: Solar Microinverter Market by System Type, End User & Region - Forecast 2022 - 2032

Gaskets and Seals Market Trends: Gaskets and Seals Market By Product Type, Sales Channel, End Use Industry & Region - Forecast 2016 - 2026

External Combustion Engine Market Analysis: External Combustion Engine Market by Product Type, Application & Region - Forecast 2022 - 2032

Extrusion Equipment Market Outlook: Extrusion Equipment Market by Product Type, Load Type, Press Position, End User & Region - Forecast 2022 - 2032

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

Contact Us:

Future Market Insights, Inc

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers


United Arab Emirates

For Sales Enquiries:

Browse All Reports:

LinkedIn| Twitter| Blogs

The post By 2032, The Market For Inductors Is Projected To Be Worth US$ 21,417.5 Mn, Growing At A 6.1% CAGR Between 2022 And 2032 appeared first on Future Market Insights.

Original Source of the original story >> By 2032, The Market For Inductors Is Projected To Be Worth US$ 21,417.5 Mn, Growing At A 6.1% CAGR Between 2022 And 2032

This content is published on behalf of the above source. Please contact them directly for any concern related to the above.

This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

More Florida News

Access More

Sign up for Florida State News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!