Market Leader - Inductor Market
The global inductor market is estimated to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025; at a CAGR of 4.2%. Major driving factors of the inductor market are the increasing demand for consumer electronics that require a large number of inductors and the rising adoption of electric vehicles.
In 2019, the inductor market was mainly dominated by Murata Manufacturing (Japan), TDK (Japan), Vishay Intertechnology (US), TAIYO YUDEN (Japan), Chilisin (Taiwan), Delta Electronics (Taiwan), Panasonic (Japan), ABC Taiwan Electronics (Taiwan), Pulse Electronics (US), Coilcraft (US), Shenzhen Sunlord Electronics (China), Bourns (US), Sumida (Japan), ICE Components (US), AVX (US), Bel Fuse (France), Falco Electronics (Mexico), GCi Technologies (US), Würth Elektronik (Germany), and Samsung Electro-Mechanics (South Korea). These players have adopted various growth strategies, such as product launches and developments, and acquisitions to further expand their presence in the global inductor market. Product launches and developments have been the most adopted strategies adopted by major players from 2017 to 2019, which helped them to innovate on their offerings and broaden their customer base.
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Murata Manufacturing (Japan) is the dominant player in the global inductor market. It is a leading manufacturer of advanced electronic materials and of ceramic passive components such as inductors, capacitors, filters, resistors, transformers, and sensors. Murata Manufacturing’s portfolio comprises components, modules, and design tools. The inductors for power lines have applications in power supply circuits, and the general circuit inductors are used in a variety of circuits such as filter resonance circuits in audio and video analog circuits. The company has its presence in major geographies, including the Americas, Europe, Asia (comprising Japan and Greater China), and others with ~74 subsidiaries and manufacturing plants and sales offices.
TDK (Japan) is a major player in the inductor market. It is one of the leading manufacturers of electronic components. The company offers inductors through its Passive Components segment. This segment provides inductive devices made by wire-wound, multilayered, thin-film processes, transformers, and electromagnetic compatibility (EMC) components. The company’s products are widely used in automotive, ICT, and industrial equipment sectors. TDK has more than 130 offices worldwide. The company has ~129 consolidated subsidiaries, of which 10 are domestic consolidated subsidiaries and 74 are overseas consolidated subsidiaries.
Related Reports:
Inductor Market by Inductance (Fixed, Variable), Type (Wire wound, Multilayered, Molded, Film), Core Type (Air, Ferrite, Iron), Shield Type (Shielded, Unshielded), Mounting Technique, Vertical, Application, Geography - Global Forecast 2025
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