Inductor Market is projected to grow at a CAGR 4.27%

Knowledge Sourcing Intelligence announces the publication of a new report on “Inductor Market – Forecasts from 2020 to 2025” to their offering.

The meteoric demand for consumer electronics, rapid automotive innovations, reduction of GHG emissions, high R&D investments, are the prime factors, among others, that are estimated to drive market growth.

As per the report, the market pertaining to the Inductor Market is expected to reach US$6.567 billion by 2025, from US$ 5.110 billion in 2019.

A few recent and notable market developments pertaining to products which find its use in a variety of applications along with manufacturers’ details are as follows:

In June 2020, KEMET Corporation (NYSE: KEM) which is globally renowned for its wide portfolio of capacitor technologies coupled with an expansive range of electromagnetic compatibility solutions supercapacitors, and electromechanical devices have reportedly launched a new family of metal composite power inductors as a response to the stringent demands of the automotive market, simultaneously improving the company’s METCOM range and also meets the global standard for stress resistance for all passive components Automotive Engineering Council’s Q200 (AEC-Q200). The salient aspect is that it is capable of efficient power conversion concomitantly reducing Electromagnetic Interference (EMI) and is ideal for applications in power supplies that employ DC/DC switching necessitated by an ever-increasing number of ECUs (Electronic Control Units) which are found in automotive systems. The metal composite core of the inductor has category-leading high permeability to meet the requirement of electronic systems that are being increasingly adopted necessitating the adherence to high efficiency, low self-heating, and low power losses and makes it appropriate for thermal consideration, which is of utmost importance to prevent detrimental effects on critical systems. These inductors can reportedly operate at 155 °C and with low electrical noise and can be sued any areas of the vehicle especially that of the powertrain, among others. The inductor coil is covered with the metal composite material which acts as a shield for neighboring electronics from the magnetic flux that otherwise might interfere with the function of sensitive systems.

In November 2019, Vishay Intertechnology a  company with a portfolio of brands that represent an unparalleled collection of discrete semiconductors and passive components and has grown through the acquisition of top names such as BCcomponents, Beyschlag, Dale, Draloric, General Semiconductor, Sfernice, Siliconix, Sprague, and had reportedly introduced three new inductors which have been designed to conserve space in applications-oriented to computers and telecom which are of high current and low profile namely IHLP-1212AB-01, IHLP-1212AZ-01, and IHLP-1212BZ-01 have been packaged in 1212 case size measuring 3.3 mm x 3.3 mm. This new launch was made with traditional to allow the engineers to save board space in response to products whose size is critical. These three new inductors have been optimized for energy storage in DC/DC converters that are up to 5 MHz, further being designed with adept attenuation of noise these inductors are suitable for applications pertaining to high-current filtering up to self-resonant frequency (SRF). The intended applications for these products are desktops, distributed power systems, distributed power systems, FPGAs, high-current, low-profile power supplies, notebooks as well as servers. Moreover, due to the high temperature, these inductors can be used in applications like ADAS, navigation systems, as well as sensors.

In September 2019, TDK Corporation (TSE:6762) which was established in 1935, is a globally leading electronics company based out of Tokyo, Japan with a comprehensive spectrum of products which includes passive components such as aluminum electrolytic, ceramic, and film capacitors, as well as high-frequency, magnetics and piezo and protection devices, has reportedly expanded its product line of inductors pertaining to metalcore power with the introduction of SPM-VT series which has been primarily designed for high thermal automotive LED lights as a response to the requirement of inductors which can withstand the harsh conditions of automotive function environments. The key aspects of this new line of wire-wound power inductors are a wide operating temperature range of -55 °C up to +155 °C, high rated currents that range between .7 A to 36.6 A (Isat), based on the type. These new components are made available in three sizes, 7.5 x 7.0 x 5.4 mm, 10.5 x 10.0 x 6.5 mm and 13.0 x 12.5 x 6.5 mm and meets AEC-Q200 standards.  Depending upon the type the rated inductances raged from 1 µH to 47 µH. Besides its primary applications, it is also used in power circuits for various automotive ECUs. Its benefits include a superior DC superposition characteristic which is based on metallic magnetic materials and 2-3 times higher rated current when compared to ferrite core power inductors.

As a part of the report, the major players operating in the inductor market, which have been covered are Vishay Intertechnology, AVX Corporation, Coilcraft, Inc., Delta Electronics, Inc., Taiyo Yuden Co., Ltd., Panasonic Corporation, TDK Corporation, Ice Components Inc., Pulse A Yageo Company, and Murata Manufacturing Co. Ltd.

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This report segmented the inductor market on the basis following terms:

  • By Type

    • Air Core Inductor
    • Iron Core Inductor
    • Ferrite Core Inductor
    • Toroidal Core Inductor
    • Others
  •  By End User Industry

    • Automotive
    • Industrial
    • Telecommunication
    • Defense
    • Consumer Electronics
    • Others
  • By Application

    • Radio and High Frequency Applications
    • Power Supplies
    • DC-DC Convertors
    • Mobile Communication Systems
    • Others
  •  By Geography

    • North America

      • USA
      • Canada
      • Mexico
    • South America

      • Brazil
      • Argentina
      • Others
    • Europe

      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa

      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific

      • China
      • Japan
      • India
      • South Korea
      • Others