Lucintel's latest market report analyzed that metal power inductor provides attractive opportunities in the automotive electronic, communications electronic, and consumer electronic applications. The metal power inductor market is expected to reach $5.3 billion by 2028 with a CAGR of 5.3%. In this market, iron core inductor (ICL) is the largest segment by product type, whereas communications electronic is largest by application.
Based on product type, the metal power inductor market is segmented into iron core inductor, iron powder inductor, ferrite core inductor, and laminated core inductor. The iron core inductor (ICL) 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 significant use of these affordable and compact ICLs as parts for many electrical systems such power supply, electric motors and generators, and LCD driver ICs.
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The Metal Power Inductor Market is marked by the presence of several big and small players. Some of the prominent players offering metal power inductor include TDK, Murata, Samsung, Taiyo Yuden, Sumida, and Chilisin.
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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