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An inductor is considered as the passive electronic component used in the conservation of energy in the form of magnetic field and the power of the component is measured in terms of inductance. They have a wide application across various industrial sectors such as power industry, automotive industry, military & defense, RF & telecommunication and consumer electronics.
Continuous R&D activities in the electronics field related to inductors has resulted in size minimization, weight reduction, and improvements in surface mounting methods in making electronic devices are the factors that has fueled the demand of inductors in the market. Furthermore, factors such as the increasing application of passive electronic components devices and the design of sophisticated electronic components drive the growth of the market. The increasing demand for wireless devices such as gateways, routers, access points, and high-end broadcasting systems will boost the RF & telecommunication segment thus driving the inductor market.
The world inductor market is segmented on the basis of types, core type and applications. On the basis of types, the market is segmented into fixed inductor, choke, coil, variable inductor, coupled inductor, multilayered inductor, power inductor, and surface mount inductor. On the basis of core types, the market is segmented into air core, ferromagnetic/ferrite core, laminated core, ceramic core and toroidal core. On the basis of applications, the market is segmented into automotive, transmission & distribution, RF & telecommunication, military & defense, and consumer electronics. On the basis of geography, the market is segmented into North America, South America, Europe, Asia-Pacific and Latin America, Middle East & Africa (LAMEA)
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