Global Surface Mount (SMD) Inductor Market Growth 2025-2031

The global Surface Mount (SMD) Inductor market size is predicted to grow from US$ 6194 million in 2025 to US$ 8001 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.

SMD inductors, or surface mount inductors, are also known as chip inductors. They are precision electronic components. Their core components include a coil, a magnetic core, and a housing (or cover). The coil part is usually made of finely wound copper wire with high conductivity, while the magnetic core is made of ferrite or other high-performance magnetic materials to increase the inductance value and ensure the stability of the magnetic field.

Compared with THT inductors, the significant advantage of SMD inductors is their ability to be directly mounted on the surface of the PCB (printed circuit board), which greatly saves valuable PCB space. Therefore, SMD inductors have become an ideal choice for miniaturized electronic devices such as mobile phones, tablets, digital cameras, etc., which have extremely strict requirements on size and weight.

In addition, SMD inductors are also very suitable for PCBs that require high-density layouts, as well as circuits with high-speed and high-frequency signal transmission. Its compact design and excellent electrical performance make it play a vital role in the design of modern electronic products.

In short, SMD inductors are micro components designed for power management of modern electronic devices. They use advanced SMT technology to make installation more convenient and efficient. This inductor is mainly made of multiple layers of high-performance ceramics or ferrites, which can maintain extremely low DC resistance and effectively manage electrical energy in high-current and high-power application scenarios. Its working principle is based on electromagnetic induction. When AC passes through, it can cleverly capture and store electrical energy, while playing the role of smoothing current fluctuations and electrical energy conversion.

At the market level, SMD inductors are benefiting from the impact of a series of technological revolutions, especially the accelerated advancement of 5G communications, the Internet of Things, and the rise of the new energy vehicle industry. These emerging fields not only require inductors to have higher performance standards, such as lower losses and stronger stability, but also promote the continuous innovation of inductor technology. Consumer electronic products such as smartphones and tablets have a sharp increase in demand for SMD inductors because they pursue lightweight design while ensuring high efficiency. In the field of automotive electronics, especially the rapid development of electric vehicles and autonomous driving technology, more stringent challenges have been posed to the environmental resistance and high-temperature working ability of inductors, which has also opened up new market space for SMD inductors.

In the automotive electronics market, the main trends of SMD inductors are miniaturization, lightweight, intelligent integration, high frequency, and high performance. In the global trend of pursuing miniaturization and lightweight, automobile manufacturers have actively responded to the demand for improved energy efficiency and adopted lightweight design concepts to reduce fuel consumption and emissions and promote environmentally friendly travel. This trend has also profoundly affected the design direction of inductors. In order to adapt to the changes in the automotive industry, inductor design is gradually shifting to the use of lighter and more compact materials and structures, aiming to significantly increase power density while significantly reducing the weight and volume of inductors. This not only meets the efficient requirements of automotive electronic equipment for space utilization, but also promotes the overall performance improvement and energy efficiency optimization of automotive electronic systems.

LP Information, Inc. (LPI) ' newest research report, the “Surface Mount (SMD) Inductor Industry Forecast” looks at past sales and reviews total world Surface Mount (SMD) Inductor sales in 2024, providing a comprehensive analysis by region and market sector of projected Surface Mount (SMD) Inductor sales for 2025 through 2031. With Surface Mount (SMD) Inductor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Surface Mount (SMD) Inductor industry.

This Insight Report provides a comprehensive analysis of the global Surface Mount (SMD) Inductor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Surface Mount (SMD) Inductor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Surface Mount (SMD) Inductor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Surface Mount (SMD) Inductor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Surface Mount (SMD) Inductor.

This report presents a comprehensive overview, market shares, and growth opportunities of Surface Mount (SMD) Inductor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Wire-wound SMD Inductor
Thin-film SMD Inductor
Stacked SMD Inductor
Others

Segmentation by Application:
Automotive Electronics
Consumer Electronics
Communication
Medical Equipment
Industrial Control
Smart Home
New Energy & PV
Instruments and Meters
Security and Monitoring
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
TDK
Murata Manufacturing
Delta Electronics
YAGEO
Taiyo Yuden
Panasonic
Vishay
DARFON
Coilcraft
Shenzhen Sunlord Electronics
Sumida
Shenzhen Microgate Technology
Bourns
TAI-TECH Advanced Electronics
MinebeaMitsumi
SAGAMI ELEC
INPAQ Technology
Eaton
Arlitech Electronic Corp
Laird Technologies (DuPont)
Trio Technology
Abracon LLC
Dongguan Mentech Optical & Magnetic
Viking Tech Corporation
KING CORE
Feng-Jui Technology
Zhenhua Fu Electronics
Walsin Technology
KYOCERA AVX
Guangdong Fenghua Advanced Technology Holding
Würth Elektronik
TT Electronics
Littelfuse
Samsung Electro-Mechanics
Shenzhen Hotland Electronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Surface Mount (SMD) Inductor market?

What factors are driving Surface Mount (SMD) Inductor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Surface Mount (SMD) Inductor market opportunities vary by end market size?

How does Surface Mount (SMD) Inductor break out by Type, by Application?

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