HOME Top Market Reports Inductor Market by Type (Fixed Inductors (RF, Coupled, Multilayered, Power, Molded, Surface Mount, Choke, Coil), and Variable Inductors), Core Type (Air, Ferrite, Laminated, Ceramic, and Toroidal), Application, and Geography - Global Forecast to 2022

Inductor Market by Type (Fixed Inductors (RF, Coupled, Multilayered, Power, Molded, Surface Mount, Choke, Coil), and Variable Inductors), Core Type (Air, Ferrite, Laminated, Ceramic, and Toroidal), Application, and Geography - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: February 2017
Report Code: SE 4111

 

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The inductor market is expected to grow from USD 3.01 Billion in 2015 to USD 3.94 Billion by 2022, at a CAGR of 3.93% between 2016 and 2022. This report provides the size and future growth potential of the market. The inductor market, in this report, has been segmented on the basis of type, core type, application, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges pertaining to the market. It also profiles the key players operating in the market. The base year considered for the study is 2015 and the market size has been forecasted for the period between 2016 and 2022.

The research methodology used to estimate and forecast the inductor market begins with capturing data on key vendor revenues through secondary research. Some of the secondary sources include associations such as Semiconductor Equipment and Materials International (SEMI, U.S.) and European Passive Components Industry Association (EPCIA) (Belgium). The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the size of the overall inductor market from the revenue of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primary respondents has been depicted in the following figure.

Inductor Market

To know about the assumptions considered for the study, download the pdf brochure

The inductor ecosystem includes R&D institutions such as Northeastern University, Massachusetts Institute of Technology, and Institute of Electrical and Electronics Engineers (IEEE); component and raw material suppliers such as Suzhou E U Metal Co., Ltd. (China), North Devon Electronics Ltd. (U.K.), and DongGuan YouHui Machinery Co., Ltd. (China); inductor manufacturers such as TDK Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Vishay Electronics (U.S.), Taiyo Yuden Co., Ltd. (Japan), and Chilisin Electronics Corporation (Taiwan); vendors and sellers such as Digi-Key Electronics (U.S.), Mouser Electronics Inc. (U.S.), and Inductors Inc. (U.S.), among others.

Key Target Audience

  • Consumer Electronics Manufacturers
  • Original Equipment Manufacturers (OEMs)
  • Distributors and Retailers
  • Research Organizations
  • Technology Investors

Scope of the Report

The inductor market on the basis of type, core type, application, and geography has been covered in detail in this report. To provide a holistic picture, the current market scenario and forecasts have also been included in the report. The market has been segmented as:

By Type:

  • Fixed Inductors
  • RF Inductors
  • Coupled Inductors
  • Multi-Layered Inductors
  • Power Inductors
  • Others (Surface Mount Inductors, Coils, Molded Inductors, and Chokes)
  • 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 Defense
  • Consumer Electronics
  • Transmission and Distribution
  • Healthcare

By Geography:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (RoW) (South America, and the Middle East and Africa)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

  • Market size for 2017, 2019, and 2021 for segments such as type, core type, application, and geography
  • Company information: Detailed analysis and profiling of additional five market players

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Demand-Side Analysis for the Inductor Market
                    2.2.1.1 Growing Number of Devices Per Person
                    2.2.1.2 Digital Organization
           2.2.2 Supply-Side Analysis for the Market
                    2.2.2.1 Supply-Side Initiatives for Connected Living
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
                    2.3.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.3.2 Top-Down Approach
                    2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in the Inductor Market
    4.2 Inductor Market, By Type (2014–2022)
    4.3 Market, By Core Type (2016 vs 2022)
    4.4 Market, By Application (2016 vs 2022)
    4.5 Market, By Application and Region
    4.6 Market, By Geography (2016–2022)
    4.7 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Inductor Market, By Type
           5.2.2 Market, By Core Type
           5.2.3 Market, By Application
           5.2.4 Market, By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Development of New Consumer Electronic Products
                    5.3.1.2 Growing Trend of Smart Grids
                    5.3.1.3 Increasing Use of Inductors in Automotive Electronics
                    5.3.1.4 Rising Demand for Passive Electronic Components
           5.3.2 Restraints
                    5.3.2.1 Fluctuating Prices of Raw Materials
           5.3.3 Opportunities
                    5.3.3.1 Increasing Demand for Wireless and Connected Devices (Gateways and Routers)
           5.3.4 Challenges
                    5.3.4.1 Increasing Complexity Due to Miniaturization of Inductors

6 Industry Trends (Page No. - 50)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Core Industry Segments
                    6.2.1.1 Research and Development (R&D) Institutions
                    6.2.1.2 Component and Raw Material Suppliers
                    6.2.1.3 Inductors Manufacturers
                    6.2.1.4 Marketing and Sales
                    6.2.1.5 End-User Industries
    6.3 Key Industry Trends in the Inductor Market
    6.4 Porter’s Five Forces Analysis
           6.4.1 Threat of New Entrants
           6.4.2 Threat of Substitutes
           6.4.3 Bargaining Power of Buyers
           6.4.4 Bargaining Power of Suppliers
           6.4.5 Intensity of Competitive Rivalry

7 Inductor Market, By Type (Page No. - 58)
    7.1 Introduction
    7.2 Fixed Inductors
           7.2.1 RF Inductors
           7.2.2 Coupled Inductors
           7.2.3 Multi-Layered Inductors
           7.2.4 Power Inductors
           7.2.5 Others
    7.3 Variable Inductors

8 Inductor Market, By Core Type (Page No. - 68)
    8.1 Introduction
    8.2 Air Core
    8.3 Ferromagnetic/Ferrite Core
    8.4 Laminated Core
    8.5 Ceramic Core
    8.6 Toroidal Core

9 Inductor Market, By Application (Page No. - 71)
    9.1 Introduction
    9.2 Automotive
    9.3 Industrial
    9.4 RF & Telecommunication
    9.5 Military & Defense
    9.6 Consumer Electronics
    9.7 Transmission & Distribution
    9.8 Healthcare

10 Geographic Analysis (Page No. - 102)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Germany
             10.3.2 U.K.
             10.3.3 France
             10.3.4 Italy
             10.3.5 Rest of Europe (RoE)
     10.4 APAC
             10.4.1 China
             10.4.2 Japan
             10.4.3 South Korea
             10.4.4 India
             10.4.5 Rest of APAC (RoAPAC)
     10.5 Rest of the World (RoW)
             10.5.1 South America (Brazil and Argentina)
             10.5.2 Middle East and Africa (MEA)

11 Competitive Landscape (Page No. - 117)
     11.1 Overview
     11.2 Key Players in Inductor Market
     11.3 Competitive Situations and Trends
             11.3.1 New Product Developments
             11.3.2 Partnerships and Collaborations
             11.3.3 Mergers and Acquisitions

12 Company Profiles (Page No. - 124)
     12.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     12.2 TDK Corporation
     12.3 Murata Manufacturing Co., Ltd.
     12.4 Vishay Intertechnonogy Inc.
     12.5 Taiyo Yuden Co., Ltd.
     12.6 Chilisin Electronics Corp.
     12.7 Delta Electronics, Inc.
     12.8 Panasonic Corporation
     12.9 ABC Taiwan Electronics Corporation
     12.10 Pulse Electronics Corporation
     12.11 Coilcraft, Inc.
     12.12 Shenzhen Sunlord Electronics Co., Ltd.
     12.13 Ourns, Inc.
     12.14 Sumida Corporation.
     12.15 Ice Components, Inc.
     12.16 AVX Corporation.

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 161)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (76 Tables)

Table 1 Inductor Market Size in Terms of Value (USD Billion) and Volume (Billion Units), 2014–2022
Table 2 Porter’s Five Forces Analysis: Bargaining Power of Buyers Had A High Impact on the Market
Table 3 Market, By Type, 2014–2022 (USD Million)
Table 4 Market, By Type, 2014–2022 (Million Units)
Table 5 Fixed Inductor Market, By Type, 2014–2022 (USD Million)
Table 6 Fixed Inductor Market, By Application, 2014–2022 (USD Million)
Table 7 RF Inductor Market, By Application, 2014–2022 (USD Million)
Table 8 Coupled Inductor Market, By Application, 2014–2022 (USD Million)
Table 9 Multi-Layered Inductor Market, By Application, 2014–2022 (USD Million)
Table 10 Power Inductor Market, By Application, 2014–2022 (USD Million)
Table 11 Market for Other Fixed Inductors, By Application, 2014–2022 (USD Million)
Table 12 Variable Inductor Market, By Application, 2014–2022 (USD Million)
Table 13 Market, By Core Type, 2014–2022 (USD Million)
Table 14 Market, By Application, 2014–2022 (USD Million)
Table 15 Market for Automotive Applications, By Type, 2014–2022 (USD Million)
Table 16 Fixed Inductor Market for Automotive Applications, By Type, 2014–2022 (USD Million)
Table 17 Market for Automotive Applications, By Region, 2014–2022 (USD Million)
Table 18 Market for Automotive Applications in North America, By Country, 2014–2022 (USD Million)
Table 19 Market for Automotive Applications in Europe, By Country/Region, 2014–2022 (USD Million)
Table 20 Inductor Market for Automotive Applications in APAC, By Country/Region, 2014–2022 (USD Million)
Table 21 Market for Automotive Applications in RoW, By Region, 2014–2022 (USD Million)
Table 22 Market for Industrial Applications, By Type, 2014–2022 (USD Million)
Table 23 Fixed Inductor Market for Industrial Applications, By Type, 2014–2022 (USD Million)
Table 24 Market for Industrial Applications, By Region, 2014–2022 (USD Million)
Table 25 Inductor Market for Industrial Applications in North America, By Country, 2014–2022 (USD Million)
Table 26 Market for Industrial Applications in Europe, By Country/Region, 2014–2022 (USD Million)
Table 27 Inductor Market for Industrial Applications in APAC, By Country/Region, 2014–2022 (USD Million)
Table 28 Market for Industrial Applications in RoW, By Region, 2014–2022 (USD Million)
Table 29 Market for RF & Telecommunication Applications, By Type, 2014–2022 (USD Million)
Table 30 Fixed Inductor Market for RF & Telecommunication Applications, By Type, 2014–2022 (USD Million)
Table 31 Market for RF & Telecommunication Applications, By Region, 2014–2022 (USD Million)
Table 32 Market for RF & Telecommunication Applications in North America, By Country, 2014–2022 (USD Million)
Table 33 Inductor Market for RF & Telecommunication Applications in Europe, By Country/Region, 2014–2022 (USD Million)
Table 34 Market for RF & Telecommunication Applications in APAC, By Country/Region, 2014–2022 (USD Million)
Table 35 Market for RF & Telecommunication Applications in RoW, By Region, 2014–2022 (USD Million)
Table 36 Market for Military & Defense Applications, By Type, 2014–2022 (USD Million)
Table 37 Fixed Inductor Market for Military & Defense Applications, By Type, 2014–2022 (USD Million)
Table 38 Market for Military & Defense Applications, By Region, 2014–2022 (USD Million)
Table 39 Inductor Market for Military & Defense Applications in North America, By Country, 2014–2022 (USD Million)
Table 40 Market for Military & Defense Applications in Europe, By Country/Region, 2014–2022 (USD Million)
Table 41 Market for Military & Defense Application in APAC, By Country/Region, 2014–2022 (USD Million)
Table 42 Market for Military & Defense Applications in RoW, By Region, 2014–2022 (USD Million)
Table 43 Market for Consumer Electronic Applications, By Type, 2014–2022 (USD Million)
Table 44 Fixed Inductor Market for Consumer Electronic Applications, By Type, 2014–2022 (USD Million)
Table 45 Market for Consumer Electronic Applications, By Region, 2014–2022 (USD Million)
Table 46 Inductor Market for Consumer Electronic Applications in North America, By Country, 2014–2022 (USD Million)
Table 47 Market for Consumer Electronic Applications in Europe, By Country/Region, 2014–2022 (USD Million)
Table 48 Market for Consumer Electronic Applications in APAC, By Country/Region, 2014–2022 (USD Million)
Table 49 Market for Consumer Electronic Applications in RoW, By Region, 2014–2022 (USD Million)
Table 50 Market for Transmission & Distribution Applications, By Type, 2014–2022 (USD Million)
Table 51 Fixed Inductor Market for Transmission & Distribution Applications, By Type, 2014–2022 (USD Million)
Table 52 Market for Transmission & Distribution Applications, By Region, 2014–2022 (USD Million)
Table 53 Inductor Market for Transmission & Distribution Applications in North America, By Country, 2014–2022 (USD Million)
Table 54 Market for Transmission & Distribution Applications in Europe, By Country/Region, 2014–2022 (USD Million)
Table 55 Market for Transmission & Distribution Applications in APAC, By Country/Region, 2014–2022 (USD Million)
Table 56 Market for Transmission & Distribution Applications in RoW, By Region, 2014–2022 (USD Million)
Table 57 Market for Healthcare Applications, By Type, 2014–2022 (USD Million)
Table 58 Fixed Inductor Market for Healthcare Applications, By Type, 2014–2022 (USD Million)
Table 59 Inductor Market for Healthcare Applications, By Region, 2014–2022 (USD Million)
Table 60 Market for Healthcare Applications in North America, By Country, 2014–2022 (USD Million)
Table 61 Market for Healthcare Applications in Europe, By Country/Region, 2014–2022 (USD Million)
Table 62 Inductor Market for Healthcare Applications in APAC, By Country/Region, 2014–2022 (USD Million)
Table 63 Market for Healthcare Applications in RoW, By Region, 2014–2022 (USD Thousand)
Table 64 Inductor Market, By Region, 2014–2022 (USD Million)
Table 65 Market in North America, By Country, 2014–2022 (USD Million)
Table 66 Market in North America, By Application, 2014–2022 (USD Million)
Table 67 Market in Europe, By Country/Region, 2014–2022 (USD Million)
Table 68 Market in Europe, By Application, 2014–2022 (USD Million)
Table 69 Market in APAC, By Country/Region, 2014–2022 (USD Million)
Table 70 Inductor Market in APAC, By Application, 2014–2022 (USD Million)
Table 71 Market in RoW, By Region, 2014–2022 (USD Million)
Table 72 Inductor Market in RoW, By Application, 2014–2022 (USD Million)
Table 73 Market Ranking of Key Players in the Inductor Market, 2015
Table 74 New Product Developments (2014–2016)
Table 75 Partnerships and Collaborations (2014–2016)
Table 76 Mergers and Acquisitions (2013–2016)


List of Figures (65 Figures)

Figure 1 Market Segmentation
Figure 2 Research Flow
Figure 3 Inductor Market: Research Design
Figure 4 Number of Connected Devices By 2020
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Assumptions of the Research Study
Figure 9 Inductor Market (2014–2022)
Figure 10 Market, By Type, 2016 vs 2022 (USD Million)
Figure 11 Power Inductors to Hold the Major Market Size During the Forecast Period
Figure 12 Laminated Core to Hold the Largest Size of the Inductor Market By 2022
Figure 13 Consumer Electronics Applications to Hold the Largest Size of the Inductor Market By 2022
Figure 14 APAC Held the Largest Share of the Market in 2015
Figure 15 Increasing Demand for Passive Electronic Components to Drive the Growth of the Market Between 2016 and 2022
Figure 16 Fixed Inductors Expected to Hold the Largest Size of the Inductor Market By 2022
Figure 17 Laminated Core Held the Largest Size of the Inductor Market in 2016
Figure 18 Consumer Electronics to Hold the Largest Size of the Inductor Market By 2022
Figure 19 APAC Held the Largest Share of the Market in 2016
Figure 20 U.S. and China Likely to Be the Top 2 Markets for Inductors During the Forecast Period
Figure 21 APAC Expected to Dominate the Market Between 2016 and 2022
Figure 22 Rising Demand for Consumer Electronic Products Driving the Growth of the Inductor Market
Figure 23 Value Chain Analysis: Component & Raw Material Suppliers and Marketing & Sales Phases Add Maximum Value
Figure 24 Inclination Toward Offering Miniaturized Inductors for Next-Generation Communication Technologies (Iot & Ict)
Figure 25 Inductor Market: Porter’s Five Forces Analysis, 2015
Figure 26 Market: Porter’s Five Forces Analysis (2015)
Figure 27 Market: Threat of New Entrants
Figure 28 Inductor Market: Bargaining Power of Buyers
Figure 29 Market: Bargaining Power of Suppliers
Figure 30 Inductor Market: Intensity of Competitive Rivalry
Figure 31 Fixed Inductors to Lead the Market During the Forecast Period
Figure 32 Market for Power Inductors to Grow at the Highest Rate During the Forecast Period
Figure 33 Consumer Electronic Applications to Hold the Largest Size of the Market for Coupled Inductors During the Forecast Period
Figure 34 Power Inductor Market for Automotive Applications to Grow at the Highest Rate During the Forecast Period
Figure 35 Market for Ceramic Core Likely to Grow at the Highest Rate Between 2016 and 2022
Figure 36 Consumer Electronic Applications to Hold A Major Share of the Inductor Market During the Forecast Period
Figure 37 Market for Automotive Applications in India to Grow at the Highest Rate Between 2016 and 2022
Figure 38 Inductor Market for Industrial Applications in Canada to Grow at the Highest Rate During the Forecast Period
Figure 39 Germany to Lead the Market for RF & Telecommunication Applications in Europe Between 2016 and 2022
Figure 40 Inductor Market for Military & Defense Applications in India to Grow at the Highest Rate Between 2016 and 2022
Figure 41 China to Lead the Market for Consumer Electronic Applications in APAC Between 2016 and 2022
Figure 42 RF Inductors to Hold the Largest Size of the Inductor Market for Transmission & Distribution Applications By 2022
Figure 43 APAC to Hold the Largest Size of the Market for Healthcare Applications By 2022
Figure 44 Geographic Snapshot of the Inductor Market (2016–2022)
Figure 45 Snapshot of the Inductor Market in North America
Figure 46 Market in Germany to Grow at the Highest Rate Between 2016 and 2022
Figure 47 Snapshot of the Inductor Market in APAC
Figure 48 South America to Lead the Market in RoW During the Forecast Period
Figure 49 Companies Adopted New Product Launches and Developments as the Key Growth Strategy Between 2013 and 2016
Figure 50 Market Evolution Framework—New Product Launches/Developments Emerged as the Major Strategies Adopted By the Market Players
Figure 51 Battle for Market Share: New Product Launches and Developments Were the Key Growth Strategies
Figure 52 Geographic Revenue Mix of the Major Market Players (2015)
Figure 53 TDK Corporation: Company Snapshot
Figure 54 TDK Corporation: SWOT Analysis
Figure 55 Murata Manufacturing Co., Ltd.: Company Snapshot
Figure 56 Murata Manufacturing Co., Ltd.: SWOT Analysis
Figure 57 Vishay Intertechnology Inc.: Company Snapshot
Figure 58 Vishay Intertechnology Inc.: SWOT Analysis
Figure 59 Taiyo Yuden Co., Ltd.: Company Snapshot
Figure 60 Taiyo Yuden Co., Ltd: SWOT Analysis
Figure 61 Chilisin Electronics Corp: SWOT Analysis
Figure 62 Delta Electronics Inc.: Company Snapshot
Figure 63 Panasonic Corporation: Company Snapshot
Figure 64 Sumida Corporation: Company Snapshot
Figure 65 AVX Corporation: Company Snapshot

According to MarketsandMarkets’ forecast, the overall inductor market is expected to grow from USD 3.01 Billion in 2015 to USD 3.94 Billion by 2022, at a CAGR of 3.93% between 2016 and 2022. The growth of this market is propelled by the increasing number of product launches and developments in the consumer electronics sector, rising demand for passive electronic components, growing use of inductors in automotive electronics, and increasing adoption of smart grids.

This report covers the inductor market segmented on the basis of type, core type, application, and geography. Fixed inductors are expected to hold a major size of the market during the forecast period. The various types of fixed inductors include power inductors, RF inductors, multi-layered inductors, coupled inductors, and others (chokes, coils, surface mount inductors, and molded inductors); these inductors are used in filters, sensors, transformers, motors, energy storages, among others. Fixed inductors help in achieving smaller form factors for consumer electronic products, owing to their compact size and light weight. The automotive industry requires robust inductors that can operate at extreme temperatures. Fixed inductors can sustain high temperatures and can operate in extreme environments; hence, the demand for these inductors is likely to increase in the near future.

The market for automotive applications is expected to grow at a high rate between 2016 and 2022. Inductors, in the automotive industry, are used in applications such as EMI filtering of high-power lines and energy storage for high-frequency DC-to-DC converters. APAC is one of the largest manufacturing hubs for automobiles in the world. The investment in the automotive sector in countries such as India, China, South Korea, and Japan is rising. Inductors are an essential component in automobiles; hence, APAC is likely to lead the overall market for automobile applications during the forecast period. North America (comprising the U.S., Canada, and Mexico) produced 9,236,869 units of cars and commercial vehicles in 2016 (Q-2), which was more than the units of cars and commercial vehicles produced in the region in 2015 (Source: International Organization of Motor Vehicle Manufacturers). Thus, North America is likely to witness a substantial growth in the demand for inductors for automotive applications.

Inductor Market

APAC is expected to hold a significant share of the overall inductor market between 2016 and 2022. APAC is a major hub for consumer electronics manufacturers among others. The investments in the consumer electronics and automotive sectors in countries such as India, China, South Korea, and Japan are increasing, and inductors are an essential component in consumer electronics and automobiles. Hence, the market in APAC would grow at a high rate, and the region is likely to hold a major share of the overall inductor market, during the forecast period.

The major challenge faced by the companies operating in the inductor market is the increasing complexity due to miniaturization of inductors. The major players in the inductor market include TDK Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Vishay Intertechnology Inc. (U.S.), Taiyo Yuden Co., Ltd. (Japan), Chilisin Electronics Corp (Taiwan), Delta Electronics, Inc. (Taiwan), Panasonic Corporation (Japan), ABC Taiwan Electronics Corporation (Taiwan), Pulse Electronics Corporation (U.S.), Coilcraft, Inc. (U.S.), Shenzhen Sunlord Electronics Co., Ltd. (China), Bourns, Inc. (U.S.), Sumida Corporation (Japan), ICE Components, Inc. (U.S.), and AVX Corporation (U.S.).

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