Global Inductor Market is Expected to Reach a Value of USD 3,750 Million by 2019

The report “Global Inductor Market by Type (Fixed Inductor, Variable Inductor, Coupled Inductor, Multilayer Inductor, Power Inductor, and Surface Mount Inductor), by Core Type, and by Application - Analysis and Forecast (2014-2019) - Analysis and Forecast to 2019”, defines and segments the Global Inductor Market and forecasts the market size, by value and volume. the Inductor Market is expected to grow from USD 2,780 million in 2014, to reach USD 3,750 million by 2019, at a CAGR of 6.2% from 2014 to 2019.

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An inductor connected in a series or parallel with a capacitor providing discrimination against unwanted signals.Therefore, inductors are widely used in power management, especially in SMPS (Switch Mode Power Supply) circuits that are used to store and release energy. There are various types of inductors of different sizes, features and applications.With the rapid advancement in technology, the manufacturers are emphasizing on reducing the size of inductors while increasing its capabilities.

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Geographically, the report segments the global inductor market into North America, South America, Europe, Asia-Pacific and Rest of the World (RoW), wherein the Asia-pacific caters more than half of the global demand for inductors. The market is also segmented and forecast based on different types of inductors, such as fixed inductor, variable inductor, coupled inductor, multilayer inductor, power inductor and surface mount inductor.

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The report also includes market share of the key market players and cascaded value chain analyses, along with the market metrics such as drivers, restraints, and opportunities. In addition, it presents a competitive landscape of the market along with the profiles of companies currently operating in this global market.A majority of the demand in the region comes from countries such as China, India, Taiwan, and South Korea, due to the robust growth in office automation, automotive, communication, and consumer electronics sectors. Moreover, these countries offer numerous benefits in terms of material and labour cost considerations.

The global Electronic market is growing exponentially because of increasing demand and is expected to grow further. The new features and technology help improve the quality of the device which in turn drives the electronic market. Inductor is a basic component in an electronic circuit used in the device such as TV, smartphone, and electronic break among others, due to its various features such as small size, low DC resistance, and the capability to withstand large currents, which improves product performance, thereby continually driving the related demand. The excessive use of inductor in the manufacturing of the devices indicates that the inductor market would grow with the increasing demand from the automotive, electronics, and telecom sector. According to applications, different types of inductors are available in the market.