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(Wireless-NewsWire.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 Dιfense
Consumer Electronics
Transmission and Distribution
Healthcare
Others
By shield Type
Shielded
Unshielded
By Mounting Technique
Surface Mount
Through Hole
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Floriculture Market Key Players:
TDK Corporation
Murata Manufacturing Co., Ltd.
Vishay Intertechnonogy Inc.
Taiyo Yuden Co., Ltd.
Chilisin Electronics Corp.
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