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Inductor Market Size & Share, by Inductor Material Type (Powered Iron Core Inductors, Air Core Inductors, Iron Core Inductors, Ferrite Core Inductors); Form (Multilayer Inductor, Through Hole Inductors, SMD, Film Inductors); Inductor Type (Fixed, Variable Inductor); Application (Healthcare, Military & Aerospace, Telecommunication, Automotive, Consumer Electronics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 6274
  • Published Date: Jul 12, 2024
  • Report Format: PDF, PPT

INDUCTOR MARKET TOC

Part 01

  1. An Outline of the Global Inductor Market
    1. Study Objective
    2. Market Definition
    3. Market Segmentation

Part 02

  1. Assumptions and Abbreviations

Part 03

  1. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Manufacturers
      2. End Users
  2. Secondary Research
  3. Market Size Estimation

Part 04

  1. Summary of the Report for Key Decision Makers

Part 05

  1. Market Opportunities

Part 06

  1. Market Drivers

Part 07

  1. Major Trends

Part 08

  1. Market Roadblocks

Part 09

  1. Government Regulation

Part 10

  1. Decarbonization Plans Adopted by Companies

Part 11

  1. EXIM Analysis

Part 12

  1. Analysis of the Current Technologies

Part 13

  1. 1Up-Coming Technologies Analysis

Part 14

  1. Industry Risk Analysis

Part 15

  1. SWOT Analysis on the Inductor Market

Part 16

  1. Industry Growth Outlook

Part 17

  1. Application Analysis

Part 18

  1. Startup Analysis

Part 19

  1. Industry Supply Chain Analysis

Part 20

  1. In-Build Inductor Analysis

Part 21

  1. Global EV Sales and its Impact on the Inductor Market

Part 22

  1. Price Benchmarking

Part 23

  1. Regional Demand Analysis

Part 24

  1. Analysis of Initiatives Initiated by Key Players: Global

Part 25

  1. Strategical Development: Japan

Part 26

  1. Comparative Feature Analysis

Part 27

  1. Competitive Positioning: Global Key Players
    1. Company Market Share
    2. Business Profile of Key Enterprise
      1. Vishay Intertechnology, Inc.
        1. Detailed Overview
        2. Assessment of key offerings
        3. Analysis of growth strategies
        4. Exhaustive analysis on key financial indicators
        5. Recent developments and strategies
      2. Samsung Electro-Mechanics
      3. Chilisin Electronics Crop.
      4. Coilcraft, Inc.
      5. Pulse Electronics Corporation
      6. Bourns, Inc.
      7. Wurth Elektronik GmbH&Co. KG
    3. Competitive Positioning: Japan Key Players
      1. TDK Corporation
      2. Murata Manufacturing Co., Ltd.
      3. Taiyo Yuden Co., Ltd
      4. Sumida Corporation
      5. Panasonic Corporation

Part 28

  1. Global Inductor Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    3. Global Inductor Market Segmentation Analysis (2024-2037)
      1. By Inductor Material Types
        1. Ferrite Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Air Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Powdered Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      2. By Form
        1. SMD(Surface-Mount Device), Market Value (USD Million), Volume (Million Units) and CAGR, 2024-2037F
        2. Through-Hole Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Multilayer Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Film Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      3. By Inductor Types
        1. Variable Inductor, Market Value (USD Million), and CAGR, 2024-2037F
        2. Fixed Inductors, Market Value (USD Million), and CAGR, 2024-2037F
      4. By Application
        1. Consumer Electronics, Market Value (USD Million), and CAGR, 2024-2037F
        2. Automotive, Market Value (USD Million), and CAGR, 2024-2037F
        3. Telecommunications, Market Value (USD Million), and CAGR, 2024-2037F
        4. Healthcare, Market Value (USD Million), and CAGR, 2024-2037F
        5. Military and Aerospace, Market Value (USD Million), and CAGR, 2024-2037F
        6. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. By Region
        1. North America, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Europe, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Asia Pacific Excluding Japan, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Japan, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Latin America, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        6. Middle East and Africa, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F

Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037

(USD Million)

Part 29

  1. North America Inductor Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    3. North America Inductor Market Segmentation Analysis (2024-2037)
      1. By Inductor Material Types
        1. Ferrite Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Air Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Powdered Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      2. By Form
        1. SMD(Surface-Mount Device), Market Value (USD Million), Volume (Million Units) and CAGR, 2024-2037F
        2. Through-Hole Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Multilayer Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Film Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      3. By Inductor Types
        1. Variable Inductor, Market Value (USD Million), and CAGR, 2024-2037F
        2. Fixed Inductors, Market Value (USD Million), and CAGR, 2024-2037F
      4. By Application
        1. Consumer Electronics, Market Value (USD Million), and CAGR, 2024-2037F
        2. Automotive, Market Value (USD Million), and CAGR, 2024-2037F
        3. Telecommunications, Market Value (USD Million), and CAGR, 2024-2037F
        4. Healthcare, Market Value (USD Million), and CAGR, 2024-2037F
        5. Military and Aerospace, Market Value (USD Million), and CAGR, 2024-2037F
        6. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. By Country
        1. US, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Canada, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F

Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037

(USD Million)

Part 30

  1. Asia Pacific Excluding Japan Inductor Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    3. Asia Pacific Excluding Japan Inductor Market Segmentation Analysis (2024-2037)
      1. By Inductor Material Types
        1. Ferrite Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Air Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Powdered Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      2. By Form
        1. SMD(Surface-Mount Device), Market Value (USD Million), Volume (Million Units) and CAGR, 2024-2037F
        2. Through-Hole Inductors, Market Value (USD Million), Volume (Million Units) and CAGR, 2024-2037F
        3. Multilayer Inductors, Market Value (USD Million), Volume (Million Units) and CAGR, 2024-2037F
        4. Film Inductors, Market Value (USD Million), Volume (Million Units) and CAGR, 2024-2037F
      3. By Inductor Types
        1. Variable Inductor, Market Value (USD Million), and CAGR, 2024-2037F
        2. Fixed Inductors, Market Value (USD Million), and CAGR, 2024-2037F
      4. By Application
        1. Consumer Electronics, Market Value (USD Million), and CAGR, 2024-2037F
        2. Automotive, Market Value (USD Million), and CAGR, 2024-2037F
        3. Telecommunications, Market Value (USD Million), and CAGR, 2024-2037F
        4. Healthcare, Market Value (USD Million), and CAGR, 2024-2037F
        5. Military and Aerospace, Market Value (USD Million), and CAGR, 2024-2037F
        6. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. By Country
        1. China, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. India, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Indonesia, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. South Korea, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Malaysia, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        6. Australia, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        7. Singapore, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        8. Vietnam, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        9. New Zealand, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        10. Rest of Asia Pacific Excluding Japan, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F

Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037

(USD Million)

Part 31

  1. Japan Inductor Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    3. Japan Inductor Market Segmentation Analysis (2024-2037)
      1. By Inductor Material Types
        1. Ferrite Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Air Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Powdered Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      2. By Form
        1. SMD(Surface-Mount Device), Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Through-Hole Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Multilayer Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Film Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      3. By Inductor Types
        1. Variable Inductor, Market Value (USD Million), and CAGR, 2024-2037F
        2. Fixed Inductors, Market Value (USD Million), and CAGR, 2024-2037F
      4. By Application
        1. Consumer Electronics, Market Value (USD Million), and CAGR, 2024-2037F
        2. Automotive, Market Value (USD Million), and CAGR, 2024-2037F
        3. Telecommunications, Market Value (USD Million), and CAGR, 2024-2037F
        4. Healthcare, Market Value (USD Million), and CAGR, 2024-2037F
        5. Military and Aerospace, Market Value (USD Million), and CAGR, 2024-2037F
        6. Others, Market Value (USD Million), and CAGR, 2024-2037F

Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037

(USD Million)

Part 32

  1. Europe Inductor Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    3. Europe Inductor Market Segmentation Analysis (2024-2037)
      1. . By Inductor Material Types
        1. Ferrite Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Air Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Powdered Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      2. By Form
        1. SMD(Surface-Mount Device), Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Through-Hole Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Multilayer Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Film Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      3. By Inductor Types
        1. Variable Inductor, Market Value (USD Million), and CAGR, 2024-2037F
        2. Fixed Inductors, Market Value (USD Million), and CAGR, 2024-2037F
      4. By Application
        1. Consumer Electronics, Market Value (USD Million), and CAGR, 2024-2037F
        2. Automotive, Market Value (USD Million), and CAGR, 2024-2037F
        3. Telecommunications, Market Value (USD Million), and CAGR, 2024-2037F
        4. Healthcare, Market Value (USD Million), and CAGR, 2024-2037F
        5. Military and Aerospace, Market Value (USD Million), and CAGR, 2024-2037F
        6. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. By Country
        1. UK, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Germany, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. France, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Spain, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Italy, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        6. BENELUX, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        7. Russia, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        8. Poland, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        9. Rest of Europe, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F

Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037

(USD Million)

Part 33

  1. Latin America Inductor Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    3. Latin America Inductor Market Segmentation Analysis (2024-2037)
      1. By Inductor Material Types
        1. Ferrite Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Air Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Powdered Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      2. By Form
        1. SMD(Surface-Mount Device), Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Through-Hole Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Multilayer Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Film Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      3. By Inductor Types
        1. Variable Inductor, Market Value (USD Million), and CAGR, 2024-2037F
        2. Fixed Inductors, Market Value (USD Million), and CAGR, 2024-2037F
      4. By Application
        1. Consumer Electronics, Market Value (USD Million), and CAGR, 2024-2037F
        2. Automotive, Market Value (USD Million), and CAGR, 2024-2037F
        3. Telecommunications, Market Value (USD Million), and CAGR, 2024-2037F
        4. Healthcare, Market Value (USD Million), and CAGR, 2024-2037F
        5. Military and Aerospace, Market Value (USD Million), and CAGR, 2024-2037F
        6. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. By Country
        1. Brazil, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Argentina, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Mexico, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Rest of Latin America, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F

Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037

(USD Million)

Part 34

  1. Middle East & Africa Inductor Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    3. Middle East & Africa Inductor Market Segmentation Analysis (2024-2037)
      1. By Inductor Material Types
        1. Ferrite Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Air Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Powdered Iron Core Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      2. By Form
        1. SMD(Surface-Mount Device), Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Through-Hole Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. Multilayer Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Film Inductors, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
      3. By Inductors Types
        1. Variable Inductor, Market Value (USD Million), and CAGR, 2024-2037F
        2. Fixed Inductors, Market Value (USD Million), and CAGR, 2024-2037F
      4. By Application
        1. Consumer Electronics, Market Value (USD Million), and CAGR, 2024-2037F
        2. Automotive, Market Value (USD Million), and CAGR, 2024-2037F
        3. Telecommunications, Market Value (USD Million), and CAGR, 2024-2037F
        4. Healthcare, Market Value (USD Million), and CAGR, 2024-2037F
        5. Military and Aerospace, Market Value (USD Million), and CAGR, 2024-2037F
        6. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. By Country
        1. Combined Gulf Countries, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        2. Israel, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        3. South Africa, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F
        4. Rest of Middle East & Africa, Market Value (USD Million), Volume (Million Units), and CAGR, 2024-2037F

Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037

(USD Million)

Part 35

Global Economic Scenario

Part 36

About SDKI

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Inductor Market size is estimated at USD 5.1 billion in 2024 and is poised to reach USD 11.3 billion by the end of 2037, growing at around 6.24% CAGR during the forecast period i.e., between 2025-2037.

The surging demand for various consumer electronics and communication devices is set to boost the inductor market. The need for inductors increases dramatically with the demand for laptops, smartphones, tablets, and other consumer electronics. The trend of smaller and more compact electronic devices has implored manufacturers to continuously innovate designs for chip inductors.  For instance, TDK Corporation, on October 16, 2023, unveiled its new PLEA85 family of high-efficiency power inductors for wearables and other battery-operated devices to improve operating times.

Inductor Market
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Inductor Sector: Growth Drivers and Challenges

Growth Drivers

  • Escalating sales of electric vehicles - The electronic control unit (ECU) system in an electric vehicle consists of DC-DC converters to regulate the battery’s voltage at ideal levels. These converters regulate the voltage for distributing power to different vehicle components. Inductors are used in the DC converters to maintain a stable voltage output during input voltage fluctuations. Thus, with the shift towards EVs, and hybrid cars over traditional vehicles, the demand for inductors is on the rise. As per the International Energy Agency (IEA) Global EV Outlook 2024, worldwide EV sales grew from 14.0% in 2022 up to 18.0% in 2023.
  • Surging renewable energy landscape - The reliance on renewable energy sources has grown as more people recognize the importance of climate change and the finite nature of fossil fuels. Global renewable capacity reached 3,870 gigawatts in 2023, with 86% of capacity increases coming from renewable sources.  Inductors play a crucial role in renewable energy generation systems such as solar, and wind power during energy storage, conversion, and transmission. Therefore, the growing adoption of renewable sources to generate energy is expected to drive inductor market expansion.
  • High penetration in the aerospace sector - The aerospace industry heavily relies on advanced electronic systems for communication, navigation, and control. Inductors are a key electronic component used in RF circuits for tuning and signaling. Companies are introducing inductors catering to high-end industrial, military, and aerospace end users. In April 2024, Vanguard Electronics expanded its product line of Common Mode Choke Inductors and launched SCMN4, SCMN6, SCMN7, SCMN9, CMN4, CMN6, CMN7, and CMN9 series.  Inductors are designed to operate in extreme conditions, with frequency ranges from 100KHz to 600KHZ+. This makes them compatible for GaN, SiC, and GaS-based power supplies. 

Challenges

  • High production cost - Compared to resistors and capacitors, inductors are costlier and heavier. There is a requirement for precise materials and cutting-edge manufacturing procedures for producing high-quality inductors. As a result, the finished goods become more expensive, which may restrict their accessibility and market share.
  • Fluctuating raw material prices - The inductor market growth is significantly constrained by the volatility of raw material prices. Changes in the price of vital components including ferrite and copper affect the profitability and cost structure of companies that manufacture inductors. The main component used to make inductors is copper, and the price of this material has fluctuated significantly over time due to a variety of factors, including supply chain disruptions, geopolitical tensions, and shifting demand from other industries - electronics, and construction. Therefore, geopolitical tensions, disruptions in the supply chain, and changes in global demand are some of the factors that affect these fluctuations.

Inductor Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.24%

Base Year Market Size (2024)

USD 5.1 billion

Forecast Year Market Size (2037)

USD 11.3 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, South Korea, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Inductor Segmentation

Inductor Material Type (Powered Iron Core Inductors, Air Core Inductors, Iron Core Inductors, Ferrite Core Inductors)

Ferrite core inductors segment in the inductor market is expected to grow at more than 6.42% CAGR through 2037. The material has the potential to handle high current and maintain significant performance at high temperatures. This makes the material indispensable and thus utilized in various applications, for example, automotive electronics, power distribution systems, and telecommunication infrastructure.  In February 2024, Bourns, Inc. announced the launch of its new Model SRR5228A and SRR5828A Series Shielded Power Inductors.  These are the newest automotive-grade power inductors from Bourns, with a ferrite core and ferrite shield, and they comply with AEC-Q200. Hence, the benefits attached to the ferrite core material is predicted to boost the segment growth.

Inductor Type (Fixed, Variable Inductor)

Fixed segment in the inductor market is expected to reach USD 7.3 billion by 2037. The use of fixed inductors is prevalent in telecommunication infrastructure, power generation, automotive electronics, and industrial automation due to their durability and reliability. This feature is suitable for critical systems where dependability is important, and its compact size is ideal for use in applications with limited space.

In addition, the fixed inductors are used in electronic filters to separate frequency signals and mix capacitors to tune circuits utilized in TV receivers and radios. Thus, the rapid expansion of the sophisticated electronic components sector is predicted to upsurge the growth of the segment in the upcoming years.

Our in-depth analysis of the global market includes the following segments:

          Inductor Material Type
  • Powered Iron Core Inductors
  • Air Core Inductors
  • Iron Core Inductors
  • Ferrite Core Inductors

          Form
  • Multilayer Inductor
  • Through Hole Inductors
  • SMD
  • Film Inductors

          Inductor Type
  • Fixed
  • Variable Inductor

          Application
  • Healthcare
  • Military & Aerospace
  • Telecommunication
  • Automotive
  • Consumer Electronics

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Inductor Industry - Regional Synopsis

APEJ Market Statistics

Asia Pacific excluding Japan region in inductor market revenue is expected to cross USD 6.3 billion by the end of 2037. The increasing penetration of consumer electronics, developments in automotive technology, and investments in 5G infrastructure and Internet of Things applications contribute to the market's expansion. Between 2023 and 2030, telecom providers in the Asia Pacific region are expected to spend USD 259 billion on networks, most of which will go toward fifth-generation, or 5G, deployments.

The dominance of electronics manufacturing in China propels the inductor market. For instance, China exported USD 4,234.93 million worth of inductors to other countries in 2022.  Also, the inductor sector in China is predicted to reach USD 1.95 billion by the year 2037.

 The escalating investment in the consumer electronics and automotive industries in South Korea is poised to boost the inductor market growth in the region. Also, the region is technologically advanced, which is expected to fuel the market in many ways.

The growing use of consumer electronics and improvements in automotive technology are driving inductor market expansion in India. Additionally, the rising need for power and power management systems is a significant reason behind the growth of the sector in this region.

North America Market Analysis

Inductor market size for North America region is projected to exceed USD 1.6 billion by the end of 2037. The market is expanding due to growing investments in smart grid technologies and renewable energy.  American Clean Power Association on July 31, 2023, announced USD 270 billion in federal incentives for utility-scale clean energy projects and manufacturing facilities.

Strong demand for inductors in Canada is a hallmark of the market, which is fueled by substantial R&D expenditures and technological advancements. Automotive, consumer electronics, and industrial automation are the key users of inductors in the country.

The U.S. inductor market is predicted to witness revenue of USD 1.31 billion by the end of 2037. The adoption of high-speed broadband infrastructure and the growth of 5G networks in the country have made the use of inductors in communication equipment, such as base stations, routers, and switches, necessary.

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Inductor Market Size
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Companies Dominating the Inductor Landscape

    • Vishay Intertechnology, Inc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Taiyo Yuden Co., Ltd.
    • Samsung Electro-Mechanics
    • Chilisin Electronics Corp.
    • Coilcraft, Inc.
    • Bourns, Inc.
    • Würth Elektronik GmbH & Co. KG 
    • Murata Manufacturing Co., Ltd.
    • Sumida Corporation
    • Panasonic Corporation

In the News

  • In February 2024, TDK Corporation introduced the MHQ1005075HA family of inductors for automotive high-frequency circuits, offering exceptional safety and dependability. These inductors have 1.0 × 0.5 × 0.7 mm diameters and inductance ranges of 1.0 nH to 56 nH. They are designed with fail-safe technology using TDK's unique internal structure, which gives them higher frequency characteristics than other products.
  • In May 2024, Würth Elektronik releases eight new WE-XHMI SMT power inductor package sizes, providing a high current capacity up to 56 A saturation current. These small, powerful inductors are perfect for high-current filters, DC/DC converters, and point-of-load converters in a variety of applications, such as industrial PCs, graphics cards, and mainboards.

Author Credits:  Abhishek Verma


  • Report ID: 6274
  • Published Date: Jul 12, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of inductors was USD 5.1 billion.

The market size for inductors is projected to cross USD 11.3 billion by the end of 2037 expanding at a CAGR of 6.24% during the forecast period i.e., between 2025-2037.

The major players in the market are Coilcraft, Inc., Bourns, Inc., Wurth Elektronik GmbH & Co. KG, Murata Manufacturing Co., Ltd., Sumida Corporation, Panasonic Corporation, and others.

The fixed segment is anticipated to garner a size of USD 7.3 billion during 2025-2037.

The Asia Pacific excluding Japan inductor sector is poised to hold a USD 6.3 billion revenue by the end of 2037.
Inductor Market Report Scope

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