North America Inductor Market – Size, Outlook, Trends, and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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North America Inductor Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

An inductor is a two-terminal electrical component that stores electric energy in the coil in a magnetic field when an electric current is passed through it. It usually consists of insulated wire around the coil. Its phenomenon is based on the Lenz law i.e. the direction of the induced e.m.f opposes the electric current passing through it.

North America Inductors Market Size & Growth:

North America Inductors market size is projected to reach 0.5 Billion by the end of 2024 with a CAGR of 3% during the forecast period. Key Parameters promoting the market growth include growing smartphone penetration & the trend towards 4G, technological advancements in the end-use markets. The move from 3G to 4G, which doubles the need for electronics, is a key factor driving market growth. The Market for ceramic core type is expected to have the highest growth rate over the forecast period. The growth for ceramic core inductors is also rising because of increase in the market

North America Inductor Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

for wireless LAN and mobile phones. North America is expected to have the market growth over the forecast period.

North America Inductors Market Share:

North America Inductors Market is classified by type, by core type, by application, by geography. By type, the North America Inductors market is classified as Choke, Variable Inductor, Coupled Inductor, Multilayered Inductor, Power Inductor, Surface Mount Inductor. By Core Type, these are classified as Laminated Core, Toroidal Core, Air Core, Ferromagnetic Core, Ceramic Core.

By Application, these are classified, Industrial Sector, Transmission & Distribution, Telecommunication, Consumer Electronics. Fixed Inductors is expected to have the significant share of the inductor market during the forecast period owing to their compact size and lightweight.

There is an increase in the transition of mobile networks from 3G to 4G fuels in the telecom sector, and the rise of smart cards provide a substantial business opportunity for power inductors over the forecast period.

North America Inductors Market Trends:

Dec 20^th, 2017, Sumida has developed a ferrite-type

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North America Inductor Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

high current inductor CDB78D78C which can be used with a large current of 125A at maximum.

Coilcraft produces two new power inductors with unique termination options.

The AVX Corporation acquired Transportation, Sensing, and Control (“TS&C”) division of TT Electronics

North America Inductors Market Research Reports:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROCin the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold

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