Inductor Market is expected to reach USD 5.75 Billion by 2030, as per maximize Market Research.
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  • Inductor Market is expected to reach USD 5.75 Billion by 2030, as per maximize Market Research.

    (Transportation-News.com, September 16, 2024 ) Inductor Market was valued at USD 4.28 Bn in 2023 and is expected to reach at USD 5.75 Bn at a CAGR of 4.3% over forecast period 2024-2030.



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    Inductors are components designed to resist change and are used to store energy in magnetic form and are known as passive electronic components. A change in the magnetic field creates an electric resistance current that creates a magnetic field called inductance. The inductance of an inductor depends on the number of turns/loops of copper around the wire/air and the radius of the copper. On the basis of geography, the global sensor market is segmented into Asia Pacific, North America, EMEA, and Latin America. Countries like India, China, South Korea, and Japan are investing more in consumer electronics and automotive inductors are a major part of consumer electronics and automobiles. Hence, the market in Asia Pacific will grow at a high rate and the region will account for a major share of the total inductor market during the forecast period. Asia Pacific is followed by North America and Europe.



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    Inductor Market Segmentation



    BY Type



    • Fixed Inductors

    • RF Inductors

    • Coupled Inductors

    • Multi-Layered Inductors

    • Power Inductors

    • Others

    • Variable Inductors



    By Core Type



    • Air core

    • Ferromagnetic/ferrite core

    • Laminated core

    • Ceramic core

    • Toroidal core



    By Application



    • Automotive

    • Industrial RF and Telecommunication

    • Military and Défense

    • Consumer Electronics

    • Transmission and Distribution

    • Healthcare

    • Others



    By shield Type



    • Shielded

    • Unshielded



    By Mounting Technique



    • Surface Mount

    • Through Hole



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