Dublin, Dec. 11, 2023 (GLOBE NEWSWIRE) — The “Inductors – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Inductors Market to Reach $7.9 Billion by 2030
The global market for Inductors estimated at US$4.9 Billion in the year 2022, is projected to reach a revised size of US$7.9 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Fixed, one of the segments analyzed in the report, is projected to record 6.3% CAGR and reach US$5.1 Billion by the end of the analysis period. Growth in the Variable segment is estimated at 5.3% CAGR for the next 8-year period.
Inductors play a crucial role in various electronic devices, and this report delves into the magnetic realm of inductors, exploring their significance and applications in different industries. It also provides a comprehensive outlook for the global inductors market. The growth of the inductors market is driven by their increasing adoption across various end-use industries. The electronic components sector, in particular, is on an upward trajectory, generating parallel opportunities for inductors.
The report offers analyses based on different parameters, including inductance, product type, core type, and vertical. It breaks down the market by inductance into fixed and variable inductors and by product type into wire wound, multilayered, and other types. Core types, such as ferrite core, air core, and others, are also analyzed. Furthermore, the report provides insights into the market across various end-use industries, including consumer electronics, automotive, industrial, telecommunications, healthcare, and others.
In terms of regional analysis, the report covers developed and developing regions, showcasing the distribution of sales in 2023 and future projections for 2030. It also ranks geographic regions by Compound Annual Growth Rate (CAGR) for the period from 2022 to 2030. The report provides an introduction to inductors, their classification, and their differences compared to magnetic beads and transformers. It explores different types of inductors, including adjustable, choke, and toroidal inductors, highlighting their unique characteristics.
The U.S. Market is Estimated at $835.7 Million, While China is Forecast to Grow at 7.4% CAGR
The global inductors market is marked by the dominance of Asian companies, which are at the forefront of this industry. This report provides insights into the competitive landscape, including the market share of key competitors in 2023.
The Inductors market in the U.S. is estimated at US$835.7 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 917 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $4.9 Billion |
| Forecasted Market Value (USD) by 2030 | $7.9 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
MARKET TRENDS & DRIVERS
- Healthy Momentum in Consumer Electronics Sector: Cornerstone for Present & Future Growth of the Market
- Global Consumer Electronics Market (In US$ Billion) for the Years 2018 through 2024
- Rising Demand for Consumer Electronics amid Expanding Internet User Base & Consumer Appetite for Digital Media Spells Opportunities
- Smart Home: Major Opportunity for Consumer Electronics Grade Inductors
- Growth in Total Number of Smart Homes (In Millions) for the Years 2019, 2021, 2023, 2025 & 2026
- Increasing Adoption of Automotive Electronics Powers Inductors Market
- Select Automotive-Grade Inductors Launched in the Last Decade: A Snapshot
- Projected Rise in Demand for and Production of Automotive Electronics to Sustain Demand for Inductors
- Global Automobile Production (in Million Units): 2015-2021
- Global Automobile Sales (in ‘Million Units): 2015-2021
- Automobile “Electronification” & Rapid Uptake in EVs & HEVs Drive Focus on Inductors
- Measuring the Growing Importance of Electronics in Cars: Automotive Electronics as a Percentage of Vehicle Production Cost for the Years 2010, 2020 & 2030
- Electric Micromobility Rises in Prominence Amid Covid-19 Pandemic
- Rapid Uptake of EVs as Evidenced by the Expanding Fleet Size Drives Focus on Developing Better Energy Management Solutions to Increase Energy Efficiency & Operating Range of EVs: Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 and 2025P
- Global Electric Heavy Duty Vehicles Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
- Sustained Focus on EVs & HEVs Enhances Prospects for Automotive-Grade Inductors
- Pandemic Impact on Electric Vehicles Market
- Growing Lenience towards Digital Lifestyles Widens Prospects
- Progressive Trend in Mobile Communications Segment Underpins Inductors Shipments
- Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022
- Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
- Surging Smartphone Penetration: Smartphone Users as % of Global Population for the Period 2018-2022
- Global Smartphone Subscription Breakdown by Technology: 2019 and 2025
- Increasing Sophistication of Mobile Devices Improves Prospects for High Performance Inductors
- Large Scale Rollout of 5G Technology to Boost Market Prospects
- 5G Smartphone Sales in Million Units: 2019-2022E
- Percentage 5G Adoption by Region in 2025
- Global 5G Chipset Market (In US$ Billion) for the Years 2019, 2021, 2023E, 2025F & 2026F
- COVID-19 Crisis Adversely Impacts Evolution of 5G
- Automation of Industrial Processes Scales Up Growth Prospects
- Global Industrial Automation Market by Segment (2023E): Percentage Breakdown of Investments for Factory Automation and Process Automation
- Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
- Global Industrial Automation Market (in US$ Billion) for the Years 2023E, 2025F, 2027F. 2029F and 2032F
- Integration of Robotics in Production Floor Automation Bodes Well
- Global Industrial Robots Market by Region/Country (2023E): Percentage Breakdown of Unit Sales of Industrial Robots for USA, Canada, Europe, Asia-Pacific (including China & Japan), Latin America, and Rest of World
- The Rise of Smart Grids: A Potential Opportunity for Power Inductors
- Advancements in the Energy Sector Leads to Development of Smart Grid Solutions
- World Smart Grid Market by Geographic Region: Annual Revenues in US$ Million for Years 2022 and 2030
- Aerospace & Defense Electronics: Adding to Market Demand
- Inductors Benefit from Surging Demand for Surge Protection Devices (SPD)
- Power Inductors Continue to Register Strong Growth
- EMC Regulations: A Major Driving Factor for EMI/RFI Shielding Inductors
- EPAMO Project Develops Novel TSV Approach for Creating New Range of 3D Inductors
- Growing Emphasis on Miniature Inductors
- Issues & Challenges Hampering Market Prospects
FOCUS ON SELECT PLAYERS(Total 251 Featured)
- ABC Taiwan Electronics Corp.
- API Delevan, Inc.
- Coilcraft, Inc.
- Datatronics Inc.
- Delta Electronics, Inc.
- Houston Transformer Company
- ICE Components, Inc.
- KEMET Corporation
- KYOCERA AVX Components Corporation
- Manutech Assembly, Inc.
- Murata Manufacturing Company, Ltd.
- Panasonic Corporation
- Pulse Electronics Corporation
- Samsung Electro-Mechanics
- Shenzhen Sunlord Electronics
- Sumida Corporation
- Taiyo Yuden Co., Ltd.
- TDK Corporation
- Token Electronics
- TT Electronics Plc
- Vishay Intertechnology, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/c76yvy
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