The growing adoption for the Consumer Electronics, Inductors market is projected to grow at a CAGR of 6.1%, with a total value of US$21,417.5 million during the forecast period of 2022-32
The US holds about 79.7% of the market share. North America The inductor market is further expected to expand at a CAGR of 5.4% during the forecast period.
germanian The starter market is expected to expand at a strong CAGR of 6.8% during the forecast period. induction furnace market expected to be total US$1,500 million until 2032. Military Vehicles & Aircraft Simulation Market is expected to grow at 7.1% CAGR between 2022 to 2032
Newark, Del., November 2, 2022 /PRNewswire/ — Global starter market estimated to reach the valuation of US$21417.5 million By 2032, demand is growing at a positive CAGR of 6.1% from 2022 to 2032. The target market is expected to register 5.6% year-on-year growth in 2022 and reach the projected. US$11862.1 million by the end of the year. SWIFT digitization across the globe is driving the growth in the production and application of electronic goods which will fuel the growth of the inductor market during the forecast period.
A passive two-terminal electric element that stores energy in a magnetic field when electric current flows through it is called an inductor. These devices are widely used as energy storage devices in many switched-mode power suppliers to produce DC (direct current). Most inductors are used as filters to reduce the ripple dose in electronic circuits. They are further used in power transmission systems, where they cap switching currents and fault currents.
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Inductors are required for power conversion in power electronics. This is one of the key aspects that drive the demand for inductors in the global market. Thus, rising popularity of power electronics is also driving the growth of inductors market. Moreover, the global inductor market will be boosted by a significant increase in the use of electronically operated equipment including automated machinery with computer numerical control in various industry verticals.
Moreover, the inductor market is anticipated to show huge growth in the coming decade due to the prevailing automation trend in various end-use industries like automotive, consumer electronics and power industries. All these considerations, among many others, drive the growth of the inductor market market during the forecast period.
“The rapid digitization across the globe, coupled with the miniaturization of electronics, will complement the global growth of the inductor market during the forecast period,” says an analyst at FMI.
The increased demand for inductors in the mobility sector will fuel the market growth.
accounting for 79.7% market share in North AmericaThe US inductor market will grow at a CAGR of 5.4%.
inductor market sales Germany Will grow 2x by 2032, generate US$932.1 million in revenue.
of china inductor market revenue will exceed the price US$795.5 million until 2032.
According to the basic type, the air segment will create an opportunity US$5143.5 million during the forecast period.
Based on technology, Surface Mount technology will hold 60% of the global market share.
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Murata Manufacturing, TDK Corporation, Venom Intertechnology, Taiyo Yuden Co., Ltd., Chilisin, Delta Electronics, Panasonic, ABC Taiwan Electronics, Pulse Electronics, Coilcraft, Shenzhen Sunlord Electronics, Bourns Inc., ICE Components, Inc., Kyocera Corp. AVX, Bel Fuse Inc., Wurth Elektronik, TE Connectivity, Samsung Electro Mechanics Co. Ltd., among others, are some of the major players in the inductor market in the full version of the report.
Major players in the market are focusing on strategies like mergers, acquisitions and expansion of their operations to strengthen their supply chain. These enterprises are also studying, developing and releasing new products in the market.
More Insights into the Inductor Market Report
In its latest report, FMI provides an unbiased analysis of the global Inductor market, historical data from 2017 to 2021 and forecast data for 2022 to 2032. In order to understand the potential, growth and scope of the global market, the market is segmented on the basis. Induction Type (Fixed Inductors, Variable Inductors), Type (Film Type, Multi-layer, Wire Wound, Molded), Core Type (Air Core, Ferrite Core, Iron Core), Mounting Technique (Surface Mount, Through Hole), Applications (automotive, industrial, RF, telecommunications and high frequency applications, military and defense, consumer electronics, power generation, transmission and distribution, health care), and fields.
As per the latest FMI reports, on segmentation basis, Air Core Type Inductors is anticipated to be the fastest growing segment, thereby creating a growth opportunity. US$5143.5 million during the forecast period. In terms of mounting technology, surface mount technology will continue to maintain its popularity, accounting for over 60% of the global inductor market share during 2022-2032.
Inductor market, by region United States It is expected to show substantial growth during 2022-2032. in the US inductor market has a market share of 79.7% North America and is poised to expand at a CAGR of 5.4%. Growing automotive and consumer electronics sectors, adoption of advanced technologies, as well as strong presence of major market players are responsible for the target market growth in this country. Apart from America, China And Germanyalso, will exhibit significant market growth during the forecast period.
Global Inductor Market By Category
By installation type:
By core type:
By mounting technology:
RF, Telecommunications and High Frequency Applications
military and defense
Power generation, transmission and distribution
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table of content
1. Executive Summary
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 / Boundaries
3. Major Market Trends
3.1. Major trends affecting the market
3.2. Product Innovation / Development Trends
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