Inductor Market Size Analysis and Top Companies
The global inductor market size is estimated at to hit around USD 25.35 billion by 2033 from USD 14.31 billion in 2024, with a CAGR of 6.56% from 2024 to 2033. The top companies operating in the inductor market are Murata Manufacturing Co., Ltd., TDK Corporation, SANYO Electric Co., Ltd., Vishay Intertechnonogy Inc., Chilisin Electronics Corp., Houston Transformer Company, Ltd., Taiyo Yuden Co., Ltd., TT Electronics, Delta Electronics, Inc., ABC Taiwan Electronics Corporation, Panasonic Corporation, Coilcraft, Inc., TOKIN Corporation, Pulse Electronics Corporation, Texas Instruments Incorporated, Shenzhen Sunlord Electronics Co., Ltd. and others.
Market Scope
| Report Coverage |
Details |
| Market Size in 2024 |
USD 14.31 Billion |
| Market Size by 2034 |
USD 27.01 Billion |
| Growth Rate from 2024 to 2034 |
CAGR of 6.56% |
| Largest Market |
Asia-Pacific |
| Base Year |
2023 |
| Forecast Period |
2024 to 2034 |
| Segments Covered |
By Type, By Inductance, By Core Type, By Application, and By End User |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Inductor Market Companies
- Murata Manufacturing Co., Ltd.
- TDK Corporation
- SANYO Electric Co., Ltd.
- Vishay Intertechnonogy Inc.
- Chilisin Electronics Corp.
- Houston Transformer Company, Ltd.
- Taiyo Yuden Co., Ltd.
- TT Electronics
- Delta Electronics, Inc.
- ABC Taiwan Electronics Corporation
- Panasonic Corporation
- Coilcraft, Inc.
- TOKIN Corporation
- Pulse Electronics Corporation
- Texas Instruments Incorporated
- Shenzhen Sunlord Electronics Co., Ltd.
- Sumida Corporation.
- Gowanda Electronics
- Ourns, Inc.
- Ice Components, Inc.
- KEMET
- AVX Corporation
Recent Developments
- February 2022- With the addition of two new automotive-grade high current shielded inductors series, Bourns Inc. increased the mechanical resistance for challenging vibration application environments. Shielded inductors of the Model SRP1038WA and SRP1265WA series feature a wider side terminal lead frame that can withstand peak vibrations. The two series offered a small package, an extensive operating temperature range of -55 to + 165 °C, a high saturation current, a low buzz noise, a low DC, a low DC resistance, resistance, and excellent temperature stability. These inductors are perfect for power management and EMI filtering in a variety of consumer, automotive, industrial, and telecom electronics applications.
- August 2021- A brand-new line of chip inductors with a high Q value and a small size was unveiled by Bourns Inc. In comparison to multilayer or film technology, the CWF1610 and CWF2414 chip inductors' wire wound construction improved their performance characteristics for DC power line applications and RF signal processing.
- June 2020- In order to meet the high demand for inductor for notebooks and 5G smartphones, Chilisin Electronics Corp (VAGEO Corporation) increased capacity. With regard to small-size moulding chokes, the company has increased capacity to 600 million units, and also for large-size ones, to 300 million units. Additionally, the business intends to increase its monthly production of LTCC (Low Temperature Co-Fired Ceramic) components by half, to 200 million units.
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