Created by: MarketsandMarkets

Aug 2022

Inductor Market

Size, Trends, Forecast (2022-2027)

Inductor Market

Size, Trends, Forecast (2022-2027)

Inductor market is projected to grow from USD 5.1 billion in 2022 to reach USD 7.0 billion by 2027; at a CAGR of 6.6 % from 2022 to 2027.

Driver

Increasing innovations and developments in consumer electronic products

Inductor Market

Dynamics

Restraint

Fluctuating prices of raw materials, especially copper

Opportunity

Rising adoption of electric vehicles

Challenge

Increasing complexity due to miniaturization of inductors

Inductor market in Asia Pacific estimated to grow at the fastest rate during the forecast period

Asia Pacific plays a pivotal role in the development of the electrical and electronics industry. The significant growth toward manufacturing and the potential of China, Japan, and India largely contribute to this growth trend.


Key Market Players

Murata Manufacturing (Japan), TDK (Japan), Vishay Intertechnology (US), TAIYO YUDEN (Japan), Chilisin Electronics (Taiwan), Delta Electronics (Taiwan), Panasonic (Japan), ABC Taiwan Electronics (Taiwan), Pulse Electronics (US), Coilcraft (US), Shenzhen Sunlord Electronics (China), Bourns (US).

In March 2022, TDK introduced the new PCM120T series of shielded SMT power inductors, optimized for high saturation currents and low DC resistance.

In March 2022, Vishay Intertechnology expanded its IHLE series of low profile, high current inductors featuring integrated E-field shields for the reduction of EMI with new commercial and Automotive Grade devices in the 5 mm by 5 mm by 3.4 mm 2020 case size.

In December 2021, Murata Manufacturing announced the availability of the DFE21CCN_EL series of power inductors for 5G smartphones. These inductors exhibit a 20% increase in saturation current (Isat) and a 50% reduction in DC resistance (RDC) over their predecessors. These parameters help to raise operational efficiency levels and enable downsizing of system designs.
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