Lucintel's latest market report analyzed that power inductor provides attractive opportunities in the consumer electronic, automotive, aerospace and defence, and communication markets. The power inductor market is expected to reach $3.1 billion by 2028 with a CAGR of 4.9%. In this market, surface mount is the largest segment by product type, whereas consumer electronic is largest by end use industry.
Based on product type, the power inductor market is segmented into through-hole and surface mount. The surface mount segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the extensive use of these power inductors for energy storage while filtering EMI currents with low loss inductance for voltage conversion application.
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The Power Inductor Market is marked by the presence of several big and small players. Some of the prominent players offering power inductor include TDK, Murata, Pulse Electronics, Coilcraft, Vishay Intertechnology, and Sumida.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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