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Inductor Market to Reflect Impressive Growth Rate During 2025
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Consumer electronics segment is expected to contribute primarily to the growth of the global inductor market. Asia Pacific countries such as India, China and Japan is expected to contribute majorly to the global inductor market during the forecast period supported by the rapid industrialization, rising urbanization and increasing disposable income of the population in the emerging economies.
The rise of deployment of smart grids and automotive, demand for compact power efficient and light weight devices is driving the growth of inductor market. Advancements in telecommunication and integration of integrated chips is rising the demand for inductors. Increased complexity in mobile devices is leading to the growth in demand for inductors hence driving the growth in revenue of global inductors market. Increasing disposable income of the consumers leading to rising demand for passive electronics is another factor encouraging the growth of global inductors market.
However, various government regulations made for the production of electronic devices and fluctuating prices of the raw materials used for the manufacture of such devices are acting as factors restraining the growth of the global inductors market.
Global inductor market can be segmented into inductor type, core type, application industry and regions.
On the basis of inductor type, global inductor market can be segmented into coupled, multi-layered, power, radio frequency (RF), choke, surface-mounted and others
On the basis of core type, global inductor market can be segmented into air core, laminated core, toroidal core, ferromagnetic core, ceramic core, and others
On the basis of application industry, global inductor market can be segmented into IT & telecommunication, healthcare, military, automotive, consumer electronics and others.
On the basis of regions, global inductor market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa
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North America and APEJ and Japan inductor markets are expected to have major shares in terms of revenue in 2016. Additionally, APAC region is expected to experience high growth in terms of revenue in the forecast period. Markets in Western Europe, Latin America and Eastern Europe is also expected to showcase positive growth during the forecast period.
Key vendor in the global inductor market include Murata Manufacturing Co., Ltd, Delta Electronics, Inc. Panasonic Automotive & Industrial Systems Europe GmbH, Vishay Intertechnology, Inc., Gowanda Electronics, Texas Instruments, ABC Taiwan Electronics Corp., Delta Electronics, Inc. Houston Transformer Company, Ltd.
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