The inductor market is expected to grow at a CAGR of 4.34% over the forecast period to reach a total market size of US$6.011 billion in 2023, from US$4.659 billion in 2017.
Growing demand for consumer electronics such as smartphones, tablets, laptops, set-top boxes, portable gaming consoles, and others is the major factor driving the demand for various inductors worldwide. The growth of global inductor market is also fueled by escalating demand for inductors from telecommunication, industrial, automotive, and defense sectors.
However, due to advancement in technology across different sectors and the need to cope up with the miniaturization of devices trends, inductor manufacturers are focusing on developing complex small inductors, thereby acting as a technological barrier to the growth of global inductor market.
Asia-Pacific region is expected to witness the fastest regional market growth during the forecast period due to a surge in demand originating from manufacturing industry, especially in China and India.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Inductor Market Forecast by Type
6. Inductor Market Forecast by End-User Industry
7. Inductor Market Forecast by Application
8. Inductor Market Forecast by Geography
9. Competitive Intelligence
10. Company Profiles
- Vishay Intertechnology
- AVX Corporation
- Coilcraft Inc.
- Delta Electronics Inc.
- Taiyo Yuden Co. Ltd.
- Panasonic Corporation
- TDK Corporation
- Ice Components Inc.
- Pulse Electronics
- Murata Manufacturing Co. Ltd.
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