Resonant Inductor Market Share Driven by Power Electronics Adoption and Industrial Electrification | Valuates Reports

Resonant Inductor Market
The global market for Resonant Inductor was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

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The Resonant Inductor Market is witnessing consistent market growth as demand rises for high-efficiency power conversion and energy management systems across multiple industries. Resonant inductors play a critical role in resonant converters, enabling reduced switching losses, improved thermal performance, and higher power density. Key market trends shaping market size include rapid electrification in transportation, increased deployment of industrial control systems, and the growing emphasis on energy efficiency standards. Advancements in magnetic materials and compact inductor design are further influencing buyer preferences and reinforcing positive market growth dynamics.

By type, resonant inductors rated in the 500-1000W range account for the largest market share, as they are widely used in industrial power supplies, charging systems, and mid-range power conversion equipment. Inductors below 500W maintain steady demand in compact electronics and auxiliary power modules. Resonant inductors above 1000W are registering the fastest market growth, driven by their expanding use in high-power industrial equipment, electric vehicle charging infrastructure, and advanced energy systems requiring high reliability and thermal stability.

In terms of application, industrial control systems lead the market share due to extensive usage in automation equipment, motor drives, and power conditioning units. The automobile and transportation segment is showing the strongest market growth, supported by increasing adoption of electric vehicles, onboard chargers, and power electronics for rail and commercial transportation. Other applications, including energy-related equipment and specialized electronic systems, continue to support overall market size through niche but stable demand.

The market is characterized by the presence of established component manufacturers with strong expertise in magnetic materials and power electronics. Vishay and Pulse hold significant market share through broad product portfolios and consistent performance in industrial-grade applications. PREMO strengthens its position with advanced design capabilities and automotive-focused solutions. Regional manufacturers such as Qingdao Yunlu, China Amorphous Technology, RIGIR, and Morechance are expanding rapidly by leveraging amorphous and nanocrystalline materials, cost-effective manufacturing, and close alignment with local power electronics ecosystems.

From a regional perspective, North America and Europe dominate the market, supported by mature industrial infrastructure, strong automotive electrification efforts, and high adoption of advanced power conversion technologies. Asia-Pacific represents the fastest-growing region, led by China, Japan, South Korea, and Taiwan, where large-scale electronics manufacturing, electric mobility expansion, and industrial modernization are accelerating demand. Southeast Asia and Latin America show gradual but steady uptake aligned with infrastructure development. The market forecast remains optimistic, driven by innovation in magnetic materials, rising power density requirements, and sustained investment in efficient, high-performance power electronics systems.

by Type

• 1000W

by Application

• Automobile & Transportation
• Industrial Control
• Others

By Company

Vishay, Pulse, PREMO, Qingdao Yunlu, China Amorphous Technology, RIGIR, Morechance

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