DUBLIN--(BUSINESS WIRE)--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
- The report would help leaders/new entrants in this market in the following ways:
- This report segments the inductor market comprehensively and provides the closest market size projection for all subsegments across different regions.
- The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
- This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes product launches and developments, and acquisition.
Key Topics Covered:
1.1 Study Objectives
1.2 Definition and Scope
1.3 Inclusions and Exclusions
1.4 Study Scope
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
6 Inductor Market, By Inductance
6.2 Fixed Inductors
6.3 Variable Inductors
7 Inductor Market, By Type
7.2 Film Type
7.4 Wire Wound
7.5 Molded Type
8 Inductor Market, By Core Type
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
10.2 Surface Mount
10.3 Through Hole
11 Inductor Market, By Application
11.2 General Circuits
11.3 Power Applications
11.4 High-Frequency Applications
12 Inductor Market, By Vertical
12.4 RF & Telecommunication
12.5 Military & Defense
12.6 Consumer Electronics
12.7 Transmission & Distribution
13 Inductor Market, By Region
13.2 North America
14 Competitive Landscape
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
15.1.3 Vishay Intertechnology
15.1.4 TAIYO YUDEN
15.1.6 Delta Electronics
15.1.8 ABC Taiwan Electronics
15.1.9 Pulse Electronics
15.2 Right to Win
15.3 Other Key Players
15.3.2 Shenzhen Sunlord Electronics
15.3.5 ICE Components
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)
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