Inductors Market Report by Type (Wire Wound, Multilayered, Film, Molded), Core (Air Core, Ferromagnetic/Ferrite Core, and Others), End User (Automotive, Consumer Electronics, Aerospace and Defense, Communications, and Others), and Region 2025-2033

The global inductors market size reached USD 4.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 6.1 Billion by 2033, exhibiting a growth rate (CAGR) of 3.26% during 2025-2033. The market is experiencing robust growth, driven by the growth in the consumer electronics sector, increasing demand for automotive electronics, expansion of renewable energy infrastructure, rising demand for industrial automation, and significant investments in telecommunications infrastructure.

Inductors, also known as coils, refer to passive two-terminal components used in power electronic circuits to store energy in an electromagnetic field when the electric current is applied. These coil-like structures typically comprise conducting material like insulated copper wires looped around the central core made of either plastic or ferromagnetic material. They are primarily employed to reduce or control electric spikes or surges by temporarily storing energy in a magnetic field and releasing it back into the circuit. They are also utilized to store or transfer energy in power converters, choke, block or filter high-frequency noise in electrical circuits and create tuned oscillators. As a result, inductors find extensive applications across various industries, including consumer electronics, automotive, telecom, defense, aerospace, and medical.

Inductors Market Trends:

Inductors are employed as filters in several complex electronic circuits to cut off undesirable frequencies and efficiently manage the power supply. The escalating demand for consumer electronics, such as laptops, smartphones, tablets and portable gaming consoles, represents the primary factor driving the market growth. Besides this, the growing penetration of high-speed internet, improving living standards, and inflating consumer disposable incomes have strengthened the need for smart devices, which in turn, is augmenting the demand for inductors. Additionally, the rising usage of electronic components in automobiles and the shifting consumer preferences toward electric vehicles (EVs) are accelerating the adoption of inductors. Furthermore, the leading manufacturers are heavily investing in product innovations to gain a competitive edge and expand their product portfolio. Moreover, the increasing penetration of 5G technology, rising digitalization, emerging medical and industrial applications, and ongoing research and development (R&D) activities are some of the other factors providing a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on type, core, and end user.

Breakup by Type:

• Wire Wound
• Multilayered
• Film
• Molded

Breakup by Core:

• Air Core
• Ferromagnetic/Ferrite Core
• Others

Breakup by End User:

• Automotive
• Consumer Electronics
• Aerospace and Defense
• Communications
• Others

Breakup by Region:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABC Taiwan Electronics Corp., Coilcraft Inc., Delta Electronics Inc., KYOCERA AVX Components Corporation (KYOCERA Corporation), Murata Manufacturing Co. Ltd., Panasonic Corporation, Samsung Electro-Mechanics, Sumida Corporation, Taiyo Yuden Co. Ltd., TDK Corporation, TT Electronics Plc, Vishay Intertechnology Inc. and Yageo Corporation.

Key Questions Answered in This Report

1.How big is the inductors market?

2.What is the future outlook of inductors market?

3.What are the key factors driving the inductors market?

4.Which region accounts for the largest inductors market share?

5.Which are the leading companies in the global inductors market?