PUBLISHER: QYResearch | PRODUCT CODE: 1875829
PUBLISHER: QYResearch | PRODUCT CODE: 1875829
The global market for Inductors was estimated to be worth US$ 6302 million in 2024 and is forecast to a readjusted size of US$ 8765 million by 2031 with a CAGR of 4.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Inductors cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Inductor is a passive electronic component that resists changes in the flow of electric current. It does so by storing energy in a magnetic field created by the current passing through it.
The primary function of an inductor is to store energy temporarily and release it back into the circuit when the current changes.
Inductors are typically made by winding a wire into a coil shape around a core material, which can be air, iron, or ferrite, among others. The choice of core material affects the inductor's inductance and performance characteristics.
The market is moderately concentrated, with leading manufacturers such as TDK, Murata, and Sunlord Electronics accounting for nearly half of global revenue in 2024. These companies continue to lead in innovation, production scale, and supply chain integration. Other notable players include Delta Electronics, Taiyo Yuden, Vishay, Chilisin Electronics, Panasonic, and Microgate Technology, which compete across various product niches. Competition is intense, especially in the high-frequency, automotive-grade, and miniaturized inductor segments, where technological differentiation is key.
Despite the growth outlook, the inductors industry has faced challenges in recent years due to price volatility. Influenced by shifts in raw material costs (such as ferrite powders, copper, and rare earths), global supply-demand imbalances, and advancements in manufacturing techniques, in some years, price fluctuations exceeded 9%, and inductor prices have experienced significant fluctuations-averaging a 1.54% increase. These price movements introduce uncertainty for both component suppliers and end users, complicating inventory planning and contract pricing. While some manufacturers have managed to pass these costs on to customers, others face margin pressures.
Geopolitical and trade-related issues also contribute to market uncertainty. In particular, U.S. trade policies-such as tariffs, restrictions on key component exports, and tensions with China-have disrupted traditional global supply chains. Some OEMs and component suppliers are now re-evaluating sourcing strategies, seeking to diversify their manufacturing footprints beyond China or reduce exposure to politically sensitive regions. These shifts may result in longer lead times, increased operational costs, and the need for dual-sourcing strategies, especially for automotive and industrial customers with strict reliability requirements.
Going forward, regional market dynamics are expected to evolve. While Asia-Pacific remains the dominant production and consumption base due to its robust electronics manufacturing ecosystem, other regions-particularly North America and Europe-are increasing domestic investment in passive components amid concerns about supply chain resilience. Additionally, government incentives for semiconductor and electronics manufacturing are likely to spur localized growth, especially for strategic applications such as EVs, renewable energy, and aerospace electronics.
This report aims to provide a comprehensive presentation of the global market for Inductors, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Inductors by region & country, by Type, and by Application.
The Inductors market size, estimations, and forecasts are provided in terms of sales volume (M Pcs) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Inductors.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Inductors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Inductors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Inductors in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.