Inductor is a device which stores electrical energy in a magnetic field. An inductor consists of an electrical conductor which is wound into a coil around a core.It stores electrical energy in a magnetic field. Inductors are used in analog circuits and signal processing. An inductor is an essential component of electronic devices such as TV, mobile phones, and computers.Electronic appliances, automotive, and telecom sectors are the largest endusers of inductors.RF and power electronics has the most wide scale application of inductors. Inductors are available in various types such as air core, iron core, laminated core, and ceramic core among others. The selection of an inductor is mostly done on the basis of the material of core, design, and pricing.
The increasing demand for electronic devices and appliances across industries has driven the demand for inductors. Since an inductor is an essential component of an electronic or power circuit,the demand for inductors is expected to be high in future. Rapid growth of the smartphone market offers significant growth potential to the inductor market in the smart phone sector. Smart phone manufacturers today focus on introducing sleek and compact smart phones. This drives the need for designing electronic components which occupy less space in order to reduce the thickness of the device.Thus, the need to introduce small and compact electronic devices drives the demand for small size inductors to a significant extent. Consumer demand for portable and sleek electronic devices is expected to be a major factor contributing to investments made in designing and developing compact and effective inductors. The soaring demand for electronic goods and appliances is expected to drive the demand for inductors in the electronic and power electronic sectors. Inductor manufacturers focus ondesigning and developingfor more efficient applications. The anticipated demand for green energy applications is expected to drive the demand for switch mode power supplies (SMPS), as a result of which the demand for passive components such as inductors is expected to rise significantly in the near future.
The availability of a variety of inductors makes it challenging to select the right inductor as per application.Selection of the right inductor is done depending upon the application and design of the electronic circuit. Performance, current rating, cost, and size are also some of the key factors considered while selecting an inductor for an application. As copper is a major component in the manufacture of inductors, fluctuation in prices of copper affects the pricing of inductors.
The inductor market is segmented on the basis of type, core type, application, and region. The market by type has been segmented as fixed inductors, RF inductors, coupled inductors, multi-layered inductors, power inductors, variable inductors, and others. The inductor market has been classified into air core, laminated core, ceramic core, and ferromagnetic core on the basis of core type. The market by application has been classified into automotive, industrial, telecommunication, and others.The market by region has been segmented into North America, Europe, Asia Pacific, and Middle East &Africa.The market by country has been segmented into the U.S., Canada, Germany, U.K., France, Italy, Saudi Arabia, Africa, Brazil, and Argentina.
Some of the key players in the inductor market include TDK Corporation, Murata Manufacturing Co., Ltd., Vishay Intertechnology Inc., Taiyo Yuden Co., Ltd., Chilisin Electronics Corp., Delta Electronics, Inc., Panasonic Corporation, ABC Taiwan Electronics Corporation, Pulse Electronics Corporation, Coilcraft, Inc., Shenzhen Sunlord Electronics Co., Ltd., Bourns, Inc., Sumida Corporation., Ice Components, Inc., API Delevan, Inc., Caddell- Burns Manufacturing Co., Inc., Datatronic Distribution, Inc., Houston Transformer Company, and AVX Corporation.
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- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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