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Inductor Market Surges, Anticipated to Reach USD 7.0 Billion by 2027, at a CAGR of 6.6 %

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Inductor Market Surges, Anticipated to Reach USD 7.0 Billion by 2027, at a CAGR of 6.6 %

November 28
21:06 2023
Inductor Market Surges, Anticipated to Reach USD 7.0 Billion by 2027, at a CAGR of 6.6 %
Inductor Market
The Inductor Market Size is expected to reach USD 7.0 billion by 2027 from USD 5.1 billion in 2022 to grow at a CAGR of 6.6 % from 2022 to 2027.

CHICAGO, Nov 28, 2023 – The global Inductor Market is experiencing significant growth, with a projected increase from an estimated USD 5.1 billion in 2022 to USD 7.0 billion by 2027, reflecting a robust Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period. These insights are detailed in a comprehensive report by MarketsandMarkets, a leading market research and consulting firm.

Inductors, essential components in electronic circuits, are critical for energy storage and signal filtering, playing a pivotal role in various applications across industries. The market’s expected growth is fueled by factors such as the increasing demand for electronic devices, advancements in technology, and the growing adoption of renewable energy sources. The report explores key segments, growth drivers, challenges, opportunities, and identifies key players in the global Inductor Market.

• Informational PDF Brochure:-

Key Segments:

Type Segment: The Inductor market includes various types of inductors, such as fixed inductors, variable inductors, coupled inductors, and multilayered inductors, catering to diverse electronic applications.

Application Segment: Inductors find applications in various industries, including automotive, consumer electronics, telecommunications, healthcare, and energy, each with specific requirements for inductor performance.

Core Type Segment: Inductor cores, made from materials like ferrite, iron powder, and laminated cores, play a crucial role in determining the inductor’s characteristics and performance in different applications.

Browse 228 market data Tables and 51 Figures spread through 280 Pages and in-depth TOC on “Inductor Market by Inductance, Type, Core Type, Shield Type, Mounting Technique, Vertical, Application, Geography – Global Forecast 2027”

View detailed Table of Content here

Inductor Market

Growth Drivers:

Increasing Electronics Adoption: The widespread adoption of electronic devices across industries, including smartphones, automotive electronics, and IoT devices, drives the demand for inductors.

Rising Renewable Energy Usage: The growing use of renewable energy sources, such as wind and solar power, contributes to the demand for inductors in power electronics for energy conversion.

Advancements in Wireless Technologies: The evolution of wireless communication technologies, including 5G, drives the need for inductors in telecommunications infrastructure.


Supply Chain Disruptions: Disruptions in the supply chain, including shortages of raw materials and components, can impact the production and availability of inductors.

Miniaturization Challenges: The demand for smaller, more compact electronic devices poses challenges for inductor manufacturers in terms of miniaturization and performance.


Electric Vehicle Market Growth: The expanding electric vehicle market presents opportunities for inductor manufacturers, as electric vehicles rely heavily on inductors for power conversion and motor control.

Emerging Technologies: The development of emerging technologies, such as IoT, edge computing, and artificial intelligence, creates new opportunities for inductor applications in electronic systems.

Key Players:

The report identifies key players in the global Inductor Market, including:

TDK Corporation: A multinational electronics company providing a wide range of electronic components, including inductors for various applications.

Murata Manufacturing Co., Ltd.: A Japanese electronics company specializing in the design and manufacturing of electronic components, including inductors.

Vishay Intertechnology, Inc.: A global manufacturer of electronic components, including a diverse range of inductors for different industries.

Taiyo Yuden Co., Ltd.: A Japanese electronic component manufacturer offering inductors, capacitors, and other passive components.

Coilcraft, Inc.: A leading global supplier of magnetic components, including inductors, for various electronic applications.

The global Inductor Market is positioned for substantial growth, driven by the continuous evolution of electronic technologies and the increasing demand for energy-efficient and compact electronic devices. As industries continue to embrace digital transformation, inductors are expected to play a pivotal role in powering and connecting the electronic systems of the future.

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