Press release
Inductor Market Trends, Top Companies, Share, Growth And Forecast 2033
Exploring the Global Inductor Market: A Comprehensive OverviewInsights into Inductor Market: Global Trends and AnalysisInductor Industry - Key Market Dynamics and TrendsThe inductor market size has grown strongly in recent years. It will grow from $4.33 billion in 2023 to $4.6 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. . The growth in the historic period can be attributed to growth of consumer electronics, expansion of automotive electronics, increasing adoption of renewable energy sources, growth of industrial automation and robotics, increasing focus on inductor reliability and durability.
The inductor market size is expected to see strong growth in the next few years. It will grow to $5.89 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. . The growth in the forecast period can be attributed to emergence of 5g technology, rise of internet of things (iot) devices, increasing demand for electric vehicles (evs), expansion of artificial intelligence (ai), growing emphasis on energy efficiency and power management solutions. Major trends in the forecast period include technological advancements, miniaturization and integration of inductors, development of high-frequency and high-power inductors, adoption of advanced materials and manufacturing techniques, shift towards vertically integrated supply chains.Market Overview -
An inductor, also known as a choke or reactor, stores energy in a magnetic field when an electrical current flows through it. It is a passive two-terminal electrical component that consists of a coil of wire wrapped around a core. It is primarily used in power electronic circuits for energy storage.Download Free Sample of Report -https://www.thebusinessresearchcompany.com/sample.aspx?id=8193&type=smpRising Electric Vehicle Adoption Propels Growth In Inductor Market
The rising adoption of electric vehicles is expected to boost the growth of the inductor market going forward. An electric vehicle is a vehicle that is propelled by one or more electric motors (EV). The use of electric vehicles has increased due to their capacity to preserve energy security, reduce emissions, and improve fuel efficiency. Inductors are mounted in an electric vehicle control unit (EV-ECU), which is the control unit to manage various operations in electric vehicles. For instance, according to May 2022 published, Global EV Outlook 2022 report, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. Therefore, the rising adoption of electric vehicles is driving the growth of the inductor market.Competitive Landscape -
Major companies operating in the inductor market report are TDK Corporation, Murata Manufacturing Co Ltd, Vishay Intertechnology Inc, Taiyo Yuden Co Ltd, Chilisin Electronics Corp, Delta Electronics Inc, Panasonic Corporation, ABC Taiwan Electronics Corporation, Pulse Electronics Corporation, Coilcraft Inc, Shenzhen Sunlord Electronics Co Ltd Ourns Inc, Sumida Corporation, Ice Components Inc, Bourns Inc, AVX Corporation, Gowanda Electronics, TT Electronics, Kyocera AVX, Samsung Electro-Mechanics, KEMET, Houston Transformer Company Ltd, TOKIN CorporationTechnological Advancements Drive Innovation In Inductor Market
Technological advancement is a trend gaining popularity in the inductor market. Major companies operating in the inductor market are focused on developing new technological solutions to strengthen their position in the market. For instance, in June 2023, Bourns Inc., a US-based electronics company, launched Bourns Model SRN8040HA Series, an automotive grade semi-shielded power inductor series with advanced magnetic silicon-based coating technology. These are well-suited for automotive systems, DC-DC converters, and power supplies in consumer, industrial, and telecom applications in which higher inductor reliability may be required. It is constructed using Bourns' advanced magnetic silicon-based coating technology, which offers superior magnetic shielding while also enabling higher operating temperatures. The SRN8040HA series supports high current capacity with saturation current Isat ranging from 1.3 to 15 A and provides a heating current Irms range of 1.0 to 10.0 A.Browse Full Report @https://www.thebusinessresearchcompany.com/report/inductor-market-global-market-reportKey Segments -The inductor market market covered in this report is segmented -
1) By Type: Film Type, Multilayered, Wire Wound, Molded
2) By Inductance: Fixed Inductors, Variable Inductors
3) By Core Type: Air Core, Ferromagnetic/Ferrite Core, Iron Core
4) By Application: Power Applications, High-Frequency Applications, General Circuits
5) By End User Vertical: Automotive, Industrial, RF And Telecommunication, Military And Defense, Consumer Electronics, Transmission And Distribution, Healthcare Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamicsWant To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
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Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
The inductor market size is expected to see strong growth in the next few years. It will grow to $5.89 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. . The growth in the forecast period can be attributed to emergence of 5g technology, rise of internet of things (iot) devices, increasing demand for electric vehicles (evs), expansion of artificial intelligence (ai), growing emphasis on energy efficiency and power management solutions. Major trends in the forecast period include technological advancements, miniaturization and integration of inductors, development of high-frequency and high-power inductors, adoption of advanced materials and manufacturing techniques, shift towards vertically integrated supply chains.Market Overview -
An inductor, also known as a choke or reactor, stores energy in a magnetic field when an electrical current flows through it. It is a passive two-terminal electrical component that consists of a coil of wire wrapped around a core. It is primarily used in power electronic circuits for energy storage.Download Free Sample of Report -https://www.thebusinessresearchcompany.com/sample.aspx?id=8193&type=smpRising Electric Vehicle Adoption Propels Growth In Inductor Market
The rising adoption of electric vehicles is expected to boost the growth of the inductor market going forward. An electric vehicle is a vehicle that is propelled by one or more electric motors (EV). The use of electric vehicles has increased due to their capacity to preserve energy security, reduce emissions, and improve fuel efficiency. Inductors are mounted in an electric vehicle control unit (EV-ECU), which is the control unit to manage various operations in electric vehicles. For instance, according to May 2022 published, Global EV Outlook 2022 report, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. Therefore, the rising adoption of electric vehicles is driving the growth of the inductor market.Competitive Landscape -
Major companies operating in the inductor market report are TDK Corporation, Murata Manufacturing Co Ltd, Vishay Intertechnology Inc, Taiyo Yuden Co Ltd, Chilisin Electronics Corp, Delta Electronics Inc, Panasonic Corporation, ABC Taiwan Electronics Corporation, Pulse Electronics Corporation, Coilcraft Inc, Shenzhen Sunlord Electronics Co Ltd Ourns Inc, Sumida Corporation, Ice Components Inc, Bourns Inc, AVX Corporation, Gowanda Electronics, TT Electronics, Kyocera AVX, Samsung Electro-Mechanics, KEMET, Houston Transformer Company Ltd, TOKIN CorporationTechnological Advancements Drive Innovation In Inductor Market
Technological advancement is a trend gaining popularity in the inductor market. Major companies operating in the inductor market are focused on developing new technological solutions to strengthen their position in the market. For instance, in June 2023, Bourns Inc., a US-based electronics company, launched Bourns Model SRN8040HA Series, an automotive grade semi-shielded power inductor series with advanced magnetic silicon-based coating technology. These are well-suited for automotive systems, DC-DC converters, and power supplies in consumer, industrial, and telecom applications in which higher inductor reliability may be required. It is constructed using Bourns' advanced magnetic silicon-based coating technology, which offers superior magnetic shielding while also enabling higher operating temperatures. The SRN8040HA series supports high current capacity with saturation current Isat ranging from 1.3 to 15 A and provides a heating current Irms range of 1.0 to 10.0 A.Browse Full Report @https://www.thebusinessresearchcompany.com/report/inductor-market-global-market-reportKey Segments -The inductor market market covered in this report is segmented -
1) By Type: Film Type, Multilayered, Wire Wound, Molded
2) By Inductance: Fixed Inductors, Variable Inductors
3) By Core Type: Air Core, Ferromagnetic/Ferrite Core, Iron Core
4) By Application: Power Applications, High-Frequency Applications, General Circuits
5) By End User Vertical: Automotive, Industrial, RF And Telecommunication, Military And Defense, Consumer Electronics, Transmission And Distribution, Healthcare Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamicsWant To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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