Inductors Market 2022 Size and Emerging Trends that Value Expected to Reach US$ 5.31 Bn | Growing at CAGR of 4.60% | Forecast to 2027

The latest report published by IMARC Group, titled "Inductors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Market Overview:

The global inductors market reached a value of US$ 4.01 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5.31 Billion by 2027, exhibiting a CAGR of 4.60% during 2022-2027.

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Inductors, also known as coils, are passive two-terminal components used in power electronic circuits to store energy in the magnetic field when the current is applied. They consist of insulated copper wire that transfers energy in power converters, filters high-frequency noise in electrical circuits, and controls electric spikes and surges. As a result, they find extensive applications across automotive, defense, medical, consumer electronics, telecom, and aerospace industries.

Market Trends:

The market is primarily driven by the escalating demand for consumer electronics, such as smartphones, set-top boxes, laptops, portable gaming consoles, and tablets. In addition, the rising adoption of smart devices due to the availability of high-speed internet, rising disposable incomes, and improving living standards of consumers represents another major growth-inducing factor.

Besides this, various key players are introducing innovative product variants to gain a competitive advantage and extend their product portfolio. This, coupled with the increasing utilization of electronic elements in automobiles and the growing consumer inclination toward electric vehicles (EVs), is escalating the product demand across the automotive industry. Moreover, rapid digitalization, rising product adoption in various medical and industrial applications, ongoing research and development (R&D) activities, and the emergence of 5G technology are some of the other factors propelling the market growth.

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Inductors Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global inductors market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• ABC Taiwan Electronics Corp.
• Coilcraft Inc.
• Delta Electronics Inc.
• KYOCERA AVX Components Corporation (KYOCERA Corporation)
• Sumida Corporation
• Taiyo Yuden Co. Ltd.
• TDK Corporation
• TT Electronics Plc
• Murata Manufacturing Co. Ltd.
• Panasonic Corporation
• Samsung Electro-Mechanics
• Vishay Intertechnology Inc.
• Yageo Corporation.

Key Market Segmentation:

The report has segmented the global inductors market based on type, core, end user and region.

Breakup by Type:
• Wire Wound
• Multilayered
• Film
• Molded

Breakup by Core:
• Air Core
• Ferromagnetic/Ferrite Core
• Others

Breakup by End User:
• Automotive
• Consumer Electronics
• Aerospace and Defense
• Communications
• Others

Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Key Questions Answered in This Report:
• How has the global inductors market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global inductors market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the core?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global inductors market and who are the key players?
• What is the degree of competition in the industry?

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