Digital Transformation to be the cornerstone of Inductor Market, reaching US$ 21.42 Billion by the year 2032 at a CAGR of 6.1% in the forecast period 2022 to 2032

The global inductor market was worth US$ 11.87 Billion in the year 2022 and is expected to reach US$ 21.42 Billion by the year 2032 at a CAGR of 6.1% between 2022 and 2032.

An inductor comes across as one of the passive, two-terminal electrical components storing energy in the magnetic field on the electric current flowing through it. The majority of inductors are used in the form of filters for reducing ‘switching currents’.

Digitization calls for more usage of electronic products. This factor is expected to cause turbulence in the inductor market going forward. Plus, there is increasing usage of electronically operated equipment like automated machinery with computer numerical control through several industries.

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It’s interesting to learn that the inductor market does hold close to 15% of the passive components market. This percentage is expected to increase, especially with greater demand for EVs.

Military & defense equipment and medical devices are the other verticals wherein inductors find their applications. With the miniaturization of electronic devices, inductors are in greater demand; as they are electronically stable and resistant to heat; ultimately helping in minimizing electrical noise.

As air core inductors are devoid of saturation, they turn out to be independent of the electrical currents. Furthermore, surface mount technology stays the most sought-after mounting technique as, along with a smaller PCB design, the technique is lightweight.

Future Market Insights has walked through these facts with insights in its latest market study entitled ‘Inductor Market’. It has its indigenous team of analysts and consultants to execute using a 360-degree view all through its primary, secondary, and tertiary modes of research.

“Air core type inductor is expected to rule the inductor market going forward”, says an analyst from Future Market Insights.

Key Takeaways from Inductor Market

• North America holds the largest market share with the US witnessing an ever-increasing adoption of advanced technologies with a stronger presence of the leading manufacturers on this count.
• Europe holds the second-largest market share due to inductors being increasingly adopted all across.
• The Asia-Pacific is expected to grow at a good rate in the inductor market with China and India leading from the front. Japan and Korea are also leading with respect to appliances like DVDs, color TVs, and mobiles. India is also witnessing a spurt in the consumer electronics vertical.

Competitive Inductors

• Murata, in April 2022, did announce that its DFE32CAH_R0 series of metal power inductors were made available for high-temperature applications of close to 150 degrees C. The products are known for supporting huge currents by optimization of internal coil structure design and usage of original metal materials.
• TDK Corporation, in March 2022, did come up with a novel series of shielded SMT power inductors customized for lower DC resistance and higher saturation currents.
• Vishay Intertechnology, in March 2022, went with the expansion of IHLE series of high current, low profile inductors featuring the e-field shields to reduce EMI with new-fangled automotive and commercial grade devices in sizes of 5 mm by 5 mm by 3.4 mm 2020.
• AVX Corporation, in July 2021, did launch new series of custom and standard supercapacitors engineered for providing superlative performance in SWaP-optimized battery-powered products.

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What does the Report say?

• The research study is based on inductance type (fixed inductors and variable inductors), type (film type, multi-layered, wire wound, and molded), by core type (air core, ferrite core, and iron ore), by mounting technique (surface mount and through hole), and by application (automotive, industrial, RF, telecommunications & high-frequency applications, military & defense, consumer electronics, power generation, transmission and distributions, and healthcare).
• With an increasing demand for inductors to reduce ripples in electronic circuits, the global inductor market is bound to witness grandeur in the upcoming period.

Global Inductor Market By Category

By Inductance Type:

• Fixed Inductors
• Variable Inductors

By Type:

• Film Type
• Multi-Layered
• Wire Wound
• Molded

By Core Type:

• Air Core
• Ferrite Core
• Iron Core

By Mounting Technique:

• Surface Mount
• Through Hole

By Application:

• Automotive
• Industrial
• RF, Telecommunications & High-Frequency Applications
• Military and Defense
• Consumer Electronics
• Power Generation, Transmission and Distributions
• Healthcare

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia Pacific
• Middle East and Africa

View Full Report: https://www.futuremarketinsights.com/reports/inductor-market

Table of Content

1. Executive Summary | Inductor Market
    1.1. Global Market Outlook
    1.2. Demand Side Trends
    1.3. Supply Side Trends
    1.4. Technology Roadmap
    1.5. Analysis and Recommendations

2. Market Overview
    2.1. Market Coverage/Taxonomy
    2.2. Market Definition/Scope/Limitations

3. Key Market Trends
    3.1. Key Trends Impacting the Market
    3.2. Product Innovation/Development Trends

4. Key Success Factors
    4.1. Product Adoption/Usage Analysis
    4.2. Product USPs/Features
    4.3. Strategic Promotional Strategies

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