DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Inductor Market by Type, Core Type, Application and Geography - Global Forecast to 2022" report to their offering.
The overall inductor market is expected to grow from USD 3.01 billion in 2015 to USD 3.94 billion by 2022, at a CAGR of 3.93% between 2016 and 2022. The key factors contributing to the growth of the inductor market include the increasing number of product launches and developments in the consumer electronics sector, rising demand for passive electronic components, growing use of inductors in automotive electronics, and increasing adoption of smart grids. However, fluctuating prices of raw materials is restraining the growth of the market.
Inductors are widely used in consumer electronics applications. Fixed inductors (SMD and similar types) are compact and light in weight and suitable for use in consumer electronic devices. Consumer electronics are also increasingly becoming more compact and lighter in weight due to the miniaturization of components. In addition, the growing demand for smart mobile devices is likely to drive the growth of the inductor market for consumer electronics applications.
The investment in the automotive sector in countries such as India, China, South Korea, and Japan is rising. Inductors are an essential component in automobiles; hence, APAC is likely to lead the overall market for automobile applications during the forecast period. North America (comprising the U.S., Canada, and Mexico) produced 9,236,869 units of cars and commercial vehicles in 2016 (Q-2), which was more than the units of cars and commercial vehicles produced in the region in 2015 (Source: International Organization of Motor Vehicle Manufacturers). Thus, North America is likely to witness a substantial growth in the demand for inductors for automotive applications.
The major challenge faced by the companies operating in the inductor market is the increasing complexity due to miniaturization of inductors.
- ABC Taiwan Electronics Corporation
- AVX Corporation.
- Chilisin Electronics Corp.
- Coilcraft, Inc.
- Delta Electronics, Inc.
- Ice Components, Inc.
- Murata Manufacturing Co., Ltd.
- Ourns, Inc.
- Panasonic Corporation
- Pulse Electronics Corporation
- Shenzhen Sunlord Electronics Co., Ltd.
- Sumida Corporation.
- TDK Corporation
- Taiyo Yuden Co., Ltd.
- Vishay Intertechnology
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Inductor Market, By Type
8 Inductor Market, By Core Type
9 Inductor Market, By Application
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/52djkm/inductor_market