INDUCTOR MARKET TOC
Part 01
Part 02
Part 03
Part 04
Part 05
Part 06
Part 07
Part 08
Part 09
Part 10
Part 11
Part 12
Part 13
Part 14
Part 15
Part 16
Part 17
Part 18
Part 19
Part 20
Part 21
Part 22
Part 23
Part 24
Part 25
Part 26
Part 27
Part 28
Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037
(USD Million)
Part 29
Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037
(USD Million)
Part 30
Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037
(USD Million)
Part 31
Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037
(USD Million)
Part 32
Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037
(USD Million)
Part 33
Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037
(USD Million)
Part 34
Cross Analysis of Inductor Types W.R.T. Application (USD Million), 2024-2037
(USD Million)
Part 35
Global Economic Scenario
Part 36
About SDKI
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.
Author Credits: Abhishek Verma
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