Global Market for Inductors is Forecast to Reach US$9.3 Billion by 2020

Resurgence of Automotive, Consumer Electronics, and Telecom Sectors Fuels Consumption of Inductors, According to New Report by Global Industry Analysts, Inc.
                                                                                                
GIA announces the release of a comprehensive global report on Inductors markets. Global market for Inductors is forecast to reach US$9.3 billion by 2020, spurred by resurgence in demand from automotive, consumer electronics, and telecom sectors.
                                                                                             
Demand for inductors is linked to the health of key end-use markets, such as automotive, consumer electronics, and telecom. Stable automobile production in developing markets in Asia-Pacific, and gradually recovering automobile sales in developed markets such as the United States, is driving demand for passive electronic components, particularly inductors, which are critical power management devices in a number of automotive electronics systems. Demand for common mode inductor is spurred by increasing adoption of Controller Area Network (CAN) bus protocol in automotive applications.

The telecom industry represents another strong end-use market for inductors. Expansion of 3G, and 4G communication infrastructure and convergence of voice and data services, are reinforcing demand for inductors. The booming smartphones and tablet PC market is fuelling consumption of power inductors for use in supply circuits, and high-frequency inductors for use in Common Mode Filters (CMFs) and RF circuits. The growing trend towards compact, lightweight, and energy-efficient consumer electronics devices is generating demand for Switch Mode Power Supply (SMPS) with special coils. The fast-expanding alternative power generation sector is driving the need for smart grids, which in turn is benefiting the market for inductors. Lack of power quality and the resulting robust demand for surge protection devices in developing countries is also fuelling growth in the market. Gyrators that produce inductance by using capacitors are emerging as strong contenders in portable device applications, where use of conventional inductors is limited due to bulky dimensions and propensity for performance deviations. Manufacturers therefore face the challenge of developing ever-smaller inductors with lower copper utilization and smaller windings to keep pace with the ongoing miniaturization trend in the downstream electronics industry.

As stated by the new market research report on Inductors, Asia-Pacific represents the largest as well as fastest growing market with a CAGR of 6.0% over the analysis period. Rapid industrialization, infrastructure development, emerging economies, increased urbanization, growing employment opportunities, and rising middle class spending are driving robust demand for automobiles, telecom equipment, and CE devices, thereby providing a fillip to the inductors market in the region. The highly profitable and well established downstream electronics industry in Taiwan, Korea, Japan, and China, also make Asia-Pacific a lucrative market for inductors.

Major players covered in the report include API Delevan Inc., Caddell-Burns Manufacturing Co. Inc., Chilisin Electronics Corp., Datatronic Distribution Inc., Delta Electronics Inc., Delta Electronics Inc., Houston Transformer Company Ltd., Murata Manufacturing Company Ltd., Panasonic Corporation, Pulse Electronics Corporation, Sumida Corp., Taiyo Yuden Co. Ltd., TOKO Inc., TT Electronics PLC, BI Technologies Corp., TDK-EPC Corp., and Vishay Intertechnology Inc., among others.


The research report titled “Inductors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive analysis of market trends, drivers, issues, challenges, mergers, acquisitions and other strategic industry activities of major and niche global and regional players. The single segment report provides market estimates and projections in US dollars for major geographic markets, including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, and Rest of Asia-Pacific), Latin America, and Rest of World.

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