Power Inductor Market revenue to cross USD 6.4 Billion by 2036, says Research Nester
Key power inductor market players include Kyocera AVX Component Corporation, Samsung Electro-mechanics Co., Ltd., Vishay Intertechnology, Inc., ALPS ALPINE CO., LTD, Delta Electronics, Inc., Bournc, Inc., Shenzhen Sunlord Electronics, ABC Taiwan Electronics, Pulse Electronics, TE Connectivity, and others.
New York , March 25, 2024 (GLOBE NEWSWIRE) — The global power inductor market size is poised to grow at a CAGR of over 5.5% from 2024 to 2036. The market is anticipated to garner a revenue of USD 6.4 billion by the end of 2036, up from a revenue of USD 3.2 billion in the year 2023. The major factor to encourage the expansion of the market is the rising demand for electric vehicles. In the year 2022, close to 9 million electric vehicles were sold and in 2023 this sale was expected to grow by about 35%. As a result, the market for power inductors is predicted to observe growth.
Request Free Sample Copy of this Report @ is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.
Rising Investment in AI to Drive the Market Expansion in Asia Pacific
The Asia Pacific market for power inductors is predicted to generate the highest share in the market at about 32% over the coming years. The major element to dominate the growth of the market in this region is rising investment in AI. In the Asia-Pacific region companies are expected to nearly triple their investments to approximately USD 3 billion in generative artificial intelligence (Gen AI) in 2024.
Growing Disposable Income to Influence the Market Growth in North America
The North American market for power inductors is poised to have significant growth in the market over the coming years. This growth is predicted to be encouraged by growing disposable income which is further influencing automotive growth. The Disposable Personal Income of the people in the United States surged to USD 20655 Billion in January from approximately USD 20588 Billion in December of 2023.
Make an Inquiry Before Buying this Report @ https://www.researchnester.com/inquiries-before-buying-5379
Power Inductor Segmentation by Application
- Consumer Electronics
- Automotive
- Industrial
- Healthcare
The consumer electronics segment is predicted to generate the highest market share of about 42% over the coming years. This growth is set to be dominated by the growing adoption of smartphones. Globally, the number of consumers of smartphones currently is close to 4 Billion, which indicates that approximately 59% of the population in the globe uses a smartphone.
Power Inductor Segmentation by Core
- Shielded
- Non-Shielded
The shielded segment is predicted to generate the highest share of over 65% over the coming years. The main element to encourage the growth of the segment is the growing demand for passenger vehicles. In 2022, approximately 56 million passenger vehicles in the globe were sold, up by over 2 percent year-on-year.
Power Inductor Segmentation by Material
- Air Core
- Ferromagnetic/Ferrite Core
- Iron Core
- Metal Alloy
Power Inductor Segmentation by Mounting
- Surface Mount Technology
- Through Hole Technology
Power Inductor Segmentation by Type
- Wire-Wound
- Multilayer
- Thin Film Power Supply
A few of the well-known market leaders in the global power inductor market that are profiled by Research Nester are Kyocera AVX Component Corporation, Samsung Electro-mechanics Co., Ltd., Vishay Intertechnology, Inc., ALPS ALPINE CO., LTD, Delta Electronics, Inc., Bournc, Inc., Shenzhen Sunlord Electronics, ABC Taiwan Electronics, Pulse Electronics, TE Connectivity, and others.
Recent Development in the Market
- The release of new model SRPO3-LAB, SRPO4-LAB, SRPO5-LAB and SRPO6-LAB is announced by Bourns Inc. The main aim of these kits is to provide engineers with different inductances, rated currents, and sizes for quick-turn prototype testing.
- The expansion of IHLE is announced by Vishay Intertechnology Inc. This inductor is considered to be of low profile, and high current, further featuring integrated E-shields for the reduction of EMI.
Read our insightful Blogs and Data-driven Case Studies:
- Metaverse: A New Digital World
Discover a new digital world in the Metaverse. Explore immersive environments, interact with virtual characters, and take part in exciting activities. Get to know Metaverse community and uncover a world of possibilities.
https://www.researchnester.com/blog/technology/hardware-and-software/metaverse-a-new-digital-world
- Semiconductor Chip Manufacturer upgraded itself with the Latest Innovations
This case study uncovers how a semiconductor chip manufacturer increased its market share by help of our experts. Our analysts provided them with trend analysis strategy to help the company get latest trend insights.
About Research Nester
Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.
CONTACT: AJ Daniel Corporate Sales, USA Research Nester Email: [email protected] USA Phone: +1 646 586 9123 Europe Phone: +44 203 608 5919
