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APAC to hold largest market share of inductor market between 2020 and 2025

02-24-2020 01:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

The growth of the inductor market in APAC is driven mainly by the growth of the consumer electronics market in the region. APAC is witnessing dynamic changes in terms of the adoption of new technologies across various industries. As APAC has low labor costs, most of the inductors are manufactured in APAC and are exported to various regions. There is an extensive rise in the demand for power, which is increasing the need for power management and thereby, accelerating the demand for inductors.

https://www.marketsandmarkets.com/Market-Reports/inductor-market-212700102.html

Wire-wound inductors are largest contributors to inductor market, by type

Wire-wound inductors have a core made of magnetic metals such as iron or ferrite with a wire wound around it. Unwanted radio frequencies can interfere with audio sound quality and disrupt electrical circuits. Thus, wire-wound inductors are used as they can block or filter radio frequencies. They are typically found in car audio systems and electronic control units (ECUs) and also in electronic equipment used in communication infrastructures and mobile base stations. They are mainly used in the high-frequency circuits of mobile communication equipment, such as wireless LAN, mobile phones, broadband components, RFID tags, RF transceivers, Bluetooth, Wireless PDA, and security systems. Wire-wound inductors are larger in size and their performance is twice than that of multilayered inductors of the same size. Wire-wound inductors have the largest market share as the manufacturing cost involved is less compared with other types of inductors and they provide a high inductance value.

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Ferrite core inductors to hold largest market share of inductor in 2025

A ferromagnetic core uses iron or ferrite materials to increase inductance. It offers higher resistance compared with other inductor core types, however, it is not always reliable as it reaches its magnetic saturation level relatively quickly when dealing with high inductance. Ferrite core inductors are used in surface acoustic wave (SAW) filters and voltage-controlled oscillator (VCO) circuits for telecommunication, hard disks, notebook computers, and other electronic equipment. Several applications associated with ferrite core inductors are broadband transformers, noise filters, power transformers, converter and inverter transformers, and others. Multilayered ferrite inductors are used in various electronic devices such as CD-ROM, hard disks, modems, printers, computing devices such as personal computers and converters including DC-DC converters. Due to their large number of applications, the demand for ferrite inductors is on the rise.
Automotive is fastest-growing vertical in inductor market and will continue to do so during forecast period

New technologies are being introduced in automobiles to reduce emissions and have a less environmental impact. Inductors, used in automotive applications, have to operate under harsh environmental conditions. They can be used in various applications such as engine and transmission control units, LED drivers, HID lighting, and noise suppression for motors. Advancements in the automotive industry such as passenger comfort and safety, as well as environmental considerations, require expanding electronics to accommodate the decreasing available space. As an increasing number of systems are becoming electrical instead of mechanical, a large amount of current is required to be appropriately regulated and filtered. Also, due to the adoption and increase in the manufacturing of electric vehicles, the demand for inductors in automobiles has significantly increased.

Mr. Sanjay Gupta
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

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