Inductor Market Size and Share

Inductor Market (2025 - 2030)
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Inductor Market Analysis by Mordor Intelligence

The inductors market size is estimated at USD 11.28 billion in 2025 and is forecast to reach USD 14.02 billion by 2030, expanding at a 4.45% CAGR over the period. Electrification of vehicles, continued 5G base-station build-outs, and power-dense data-center hardware form the bedrock of growth even as discrete components face design-in pressure from integrated passive devices. Demand is shifting from high-volume commodity coils toward purpose-built parts optimized for high-frequency switching, thermally challenging automotive powertrains, and ultra-compact wearables. Automotive qualification (AEC-Q200) has moved from differentiator to entry requirement, surface-mount power inductors dominate new designs, and metal-alloy cores are steadily displacing ferrite in high-current rails. Supply-chain diversification and regionalization-especially out of mainland China-are rewriting the global production footprint as vendors seek resilience rather than the lowest landed cost.

Key Report Takeaways

  • By type, power inductors held 42.1% of inductors market share in 2024, while high-frequency inductors are projected to advance at a 6.3% CAGR to 2030. 
  • By core material, ferrite accounted for 54.7% share of the inductors market size in 2024; metal-alloy cores register the fastest CAGR at 5.4% through 2030. 
  • By mounting technique, surface-mount technology captured 56.9% revenue share in 2024, whereas embedded PCB inductors expand at a 7.2% CAGR over the forecast period. 
  • By shielding, shielded formats represented 64.2% of the inductors market share in 2024 and lead growth at 6.6% CAGR to 2030. 
  • By inductance, fixed devices delivered 71.7% of the inductors market size in 2024; variable/tunable devices rise at an 8.7% CAGR through 2030. 
  • By end-user vertical, consumer electronics led with 42.4% revenue share in 2024, but automotive applications grow quickest at 9.2% CAGR to 2030. 
  • Regionally, Asia-Pacific commanded 69.8% of the inductors market share in 2024 and is poised to grow at 4.5% CAGR through 2030. 
  • TDK, Murata, and Vishay collectively held a mid-teens revenue share, underscoring a moderately concentrated field where scale and process technology drive advantage.

Segment Analysis

By Type: Power Inductors Lead Market Transformation

Power inductors delivered 42.1% of inductors market share in 2024, an advantage anchored in voltage-regulation modules, DC-DC converters, and onboard chargers. Within the inductors market size for high-frequency designs, the sub-segment climbs at 6.3% CAGR to 2030 on the back of millimeter-wave 5G nodes. Wire-wound formats dominate automotive 48 V rails, whereas thin-film structures serve handset RF filters. Coupled coils improve transient response in multiphase VRMs that feed GPUs, and demand scales with AI-server shipments. Molded products gain ground where vibration resistance, thermal conductivity, and EMI shielding trump raw cost. Vendors layer in automatic optical inspection and X-ray process control to sustain tight inductance tolerances.

Second-generation metal-powder molding compounds from Resonac cut core losses above 2 MHz, enabling buck converters to shrink magnetics while preserving ≥95% efficiency. As silicon-carbide MOSFET gate charges fall, switching frequencies climb, and inductor volumetric density becomes a primary design constraint. Emerging topologies such as dual-active-bridge converters for bidirectional battery packs further amplify the need for low-loss inductors with saturation currents above 60 A.

Inductors Market: Market Share by Type
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Note: Segment shares of all individual segments available upon report purchase

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By Core Material: Ferrite Dominance Faces Metal-Alloy Challenge

Ferrite continued to own 54.7% of 2024 revenue thanks to its balance of cost and permeability, yet the metal-alloy slice is forecast to grow 5.4% per year. In the inductors market, metal-alloy powder cores tolerate flux densities beyond 1 T, enabling coil counts to fall and inductance drift over temperature to shrink. Nanocrystalline strip products, such as Proterial’s FINEMET, post insertion losses below 200 mW at 100 kHz, appealing to automotive bidirectional on-board chargers. Air-core coils persist in GHz RF paths where magnetic materials would introduce eddy-current loss. Ceramic substrates gain purchase in miniaturized Bluetooth modules that juggle thermal limits and strict form-factor caps. Manufacturers calibrate sintering curves and particle sizes to dial in B-H loops tailored to final applications.

Reliability screening tightens as core composition complexity grows; partial-discharge and frequency-swept impedance tests now complement legacy saturation-current checks. A move toward lifecycle carbon accounting drives interest in recycled iron powders and closed-loop ferrite reclaim systems, merging environmental goals with hedging against virgin-material price swings.

By Mounting Technique: SMT Leadership Challenged by Embedded Integration

Surface-mount placements constituted 56.9% of 2024 shipments, the default for automated pick-and-place lines across consumer and industrial electronics. Through-hole parts stay relevant in high-current drives and harsh-vibe environments such as traction inverters, yet volume trends down. Embedded PCB coils, only a niche five years ago, now outpace all other formats at 7.2% CAGR as OEMs chase component height reductions below 0.5 mm. The inductors market benefits from inner-layer spiral or core-less implementations that free board real estate, but thermal bottlenecks loom once VRM load currents exceed 50 A. 

Patented lamination sequences add plated copper pillars to improve z-axis heat spread, and co-laminated ferrite sheets attenuate lateral crosstalk. PCB fabricators invest in laser-direct structuring and resin-coated copper film lines to secure design wins from smartphone and VR-headset producers. Yield economics remain sensitive to drill registration and dielectric flow control, so cost parity with discrete SMT parts is unlikely before 2028.

By Shielding: Electromagnetic Compatibility Drives Shielded Demand

Shielded devices captured 64.2% of 2024 revenue and grow at 6.6% CAGR as product densification exacerbates EMI concerns. Molded magnetic resin covers eliminate air gaps, curbing stray flux up to 15 dB and minimizing near-field coupling in multi-rail power trees. Unshielded coils keep footholds in cost-driven LED drivers and white goods. Automotive OEMs impose CISPR-25 radiated-emissions ceilings that push Tier-1 suppliers toward shielded selections even for auxiliary 12 V converters. Würth Elektronik’s recent application note documents how core geometry and resin conductivity modulate spectral radiation between 30 MHz and 300 MHz, guiding engineers toward right-sizing rather than over-shielding.

Inductor Market: Market Share by Shielding
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By Inductance: Fixed Inductors Dominate Despite Variable Growth

Fixed values represented 71.7% of the inductors market size in 2024, leveraging proven winding counts and automated trim. Variable inductors, though only a single-digit share, climb at 8.7% CAGR, propelled by digital power-management ASICs that fine-tune resonance for efficiency peaks at varying load currents. Ferrite-permeability-controlled devices eliminate mechanical wipers, slashing wear-out risk and unlocking GHz-rate re-tuning for software-defined radios. IoT sensor hubs adopt tunables to balance sleep-state quiescent current with burst-mode RF output, amplifying demand across smart-meter deployments.

By End-User Vertical: Automotive Electrification Accelerates Growth

Consumer electronics owned 42.4% of 2024 turnover, but its mid-single-digit growth lags the rest of the inductors market as handset saturation sets in. Conversely, the automotive slice expands 9.2% CAGR through 2030 on the back of battery-electric-vehicle momentum. Each 800 V drivetrain adds shielded, alloy-core inductors with saturation currents above 80 A for traction inverter filters. Aerospace and defense specify hermetically sealed coils rated from -55 °C to +200 °C, while medical devices need biocompatible coatings that withstand autoclave cycles. Data-center operators deploy distributed VRM topologies around AI accelerators, leveraging coupled inductors that shrink transient droop by 30%. Renewable-energy inverters apply nanocrystalline cores to surpass 98% efficiency thresholds mandated by utility interconnect standards.

Geography Analysis

Inductor Market in Rest of the World

The Rest of the World region, encompassing Latin America, the Middle East, and Africa, represents an emerging market for inductors with significant growth potential. The region's market is characterized by increasing investments in industrial automation and the growing adoption of smart city initiatives. Latin America has shown particular promise with its expanding telecommunications infrastructure and increasing adoption of IoT technologies. The Middle Eastern market is driven by automation in the oil and gas sector, along with significant investments in renewable energy projects. The region's automotive sector, particularly in the UAE and Saudi Arabia, is showing increased interest in electric and hybrid vehicles, creating new opportunities for inductor manufacturers. The market is also benefiting from increasing investments in manufacturing capabilities and the growing adoption of advanced electronics in various industries. The development of smart infrastructure and the increasing focus on energy efficiency are creating additional demand for various types of inductors across the region.

Inductor Market CAGR(%), Growth Rate by Geography
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Note: Segment Growth Rate of all individual regions available upon report purchase

Competitive Landscape

Innovation and Customization Drive Market Success

Success in the inductor market increasingly depends on manufacturers' ability to develop customized solutions that address specific application requirements while maintaining cost competitiveness. Incumbent inductor manufacturers are focusing on vertical integration strategies to control costs and quality, while simultaneously investing in advanced manufacturing technologies to improve production efficiency. Companies are also strengthening their design and engineering capabilities to provide application-specific solutions, particularly for emerging sectors like electric vehicles and renewable energy systems.

Market contenders are finding opportunities by focusing on niche applications and developing specialized products for specific industry segments. The ability to provide technical support and collaborate closely with customers during the design phase has become crucial for gaining market share. While substitution risk remains low due to the fundamental nature of inductors in electronic circuits, manufacturers must continually innovate to address challenges such as miniaturization and energy efficiency. Regulatory compliance, particularly in automotive and medical applications, has become a key differentiator, with successful companies maintaining robust quality management systems and obtaining necessary certifications for their target markets.

Inductor Industry Leaders

  1. TDK Corporation

  2. Vishay Intertechnology Inc.

  3. Delta Electronics Inc.

  4. Pulse Electronics (Yageo Corporation)

  5. Panasonic Holdings Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Inductor Market
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Recent Industry Developments

  • June 2025: Murata began closed-loop silver recycling for EMI filters, the first such program among passive-component makers.
  • April 2025: Murata launched WONDERSTONE Ventures, allocating USD 50 million over five years to invest in 6G, optics, and robotics start-ups.
  • February 2025: TE Connectivity agreed to acquire Richards Manufacturing for USD 2.3 billion to deepen its North-American energy-grid offerings.
  • November 2024: Delta Electronics presented liquid-cooled power shelves for AI data centers, bundling high-efficiency inductors with immersion cold-plates.
  • November 2024: ABC ATEC showcased AEC-Q200 automotive common-mode chokes at Electronica Munich, underscoring its 45-year magnetics track record.

Table of Contents for Inductor Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand for miniaturized consumer electronics
    • 4.2.2 Electrification of automotive sector (EVs)
    • 4.2.3 Expansion of 5G and high-speed communications
    • 4.2.4 Growth in renewable energy and power electronics
    • 4.2.5 Embedded inductors in AI servers and IoT modules
    • 4.2.6 High-frequency power converters in data centers
  • 4.3 Market Restraints
    • 4.3.1 Volatility in copper and ferrite prices
    • 4.3.2 Global supply-chain disruptions
    • 4.3.3 Thermal management issues in embedded inductors
    • 4.3.4 Integrated passive devices eroding discrete demand
  • 4.4 Industry Ecosystem Analysis
  • 4.5 Technological Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Degree of Competition
  • 4.7 Impact of Macroeconomic Trends

5. MARKET SIZE AND GROWTH FORECASTS (VALUES)

  • 5.1 By Type
    • 5.1.1 Power Inductors
    • 5.1.2 RF/High-Frequency Inductors
    • 5.1.3 Coupled Inductors
    • 5.1.4 Multilayer Inductors
    • 5.1.5 Thin-Film Inductors
    • 5.1.6 Molded/Wire-wound Inductors
  • 5.2 By Core Material
    • 5.2.1 Air/Ceramic Core
    • 5.2.2 Ferrite Core
    • 5.2.3 Iron and Metal-Alloy Core
    • 5.2.4 Nanocrystalline and Amorphous Core
  • 5.3 By Mounting Technique
    • 5.3.1 Surface-Mount Technology (SMT)
    • 5.3.2 Through-Hole Technology (THT)
    • 5.3.3 Embedded/Integrated PCB Inductors
  • 5.4 By Shielding
    • 5.4.1 Shielded
    • 5.4.2 Unshielded
  • 5.5 By Inductance
    • 5.5.1 Fixed Inductors
    • 5.5.2 Variable/Tunable Inductors
  • 5.6 By End-user Vertical
    • 5.6.1 Automotive
    • 5.6.2 Aerospace and Defense
    • 5.6.3 Communications and 5G Infrastructure
    • 5.6.4 Consumer Electronics and Computing
    • 5.6.5 Industrial and Power
    • 5.6.6 Healthcare and Medical Devices
    • 5.6.7 Renewable Energy Systems
  • 5.7 By Geography
    • 5.7.1 North America
    • 5.7.1.1 United States
    • 5.7.1.2 Canada
    • 5.7.1.3 Mexico
    • 5.7.2 Europe
    • 5.7.2.1 Germany
    • 5.7.2.2 United Kingdom
    • 5.7.2.3 France
    • 5.7.2.4 Italy
    • 5.7.2.5 Spain
    • 5.7.2.6 Russia
    • 5.7.2.7 Rest of Europe
    • 5.7.3 Asia-Pacific
    • 5.7.3.1 China
    • 5.7.3.2 Japan
    • 5.7.3.3 South Korea
    • 5.7.3.4 India
    • 5.7.3.5 Taiwan
    • 5.7.3.6 South East Asia
    • 5.7.3.7 Rest of Asia-Pacific
    • 5.7.4 South America
    • 5.7.4.1 Brazil
    • 5.7.4.2 Argentina
    • 5.7.4.3 Rest of South America
    • 5.7.5 Middle East and Africa
    • 5.7.5.1 Middle East
    • 5.7.5.1.1 Saudi Arabia
    • 5.7.5.1.2 United Arab Emirates
    • 5.7.5.1.3 Turkey
    • 5.7.5.1.4 Rest of Middle East
    • 5.7.5.2 Africa
    • 5.7.5.2.1 South Africa
    • 5.7.5.2.2 Egypt
    • 5.7.5.2.3 Nigeria
    • 5.7.5.2.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 TDK Corporation
    • 6.4.2 Murata Manufacturing Co. Ltd
    • 6.4.3 Vishay Intertechnology Inc.
    • 6.4.4 Panasonic Holdings Corporation
    • 6.4.5 Taiyo Yuden Co. Ltd
    • 6.4.6 Samsung Electro-Mechanics Co. Ltd
    • 6.4.7 Pulse Electronics (Yageo Corporation)
    • 6.4.8 Delta Electronics Inc.
    • 6.4.9 Coilcraft Inc.
    • 6.4.10 Bourns Inc.
    • 6.4.11 Würth Elektronik GmbH & Co. KG
    • 6.4.12 Sumida Corporation
    • 6.4.13 TE Connectivity Ltd
    • 6.4.14 Chilisin Electronics Corporation
    • 6.4.15 AVX Corporation (Kyocera AVX)
    • 6.4.16 Bel Fuse Inc.
    • 6.4.17 Sunlord Electronics Co. Ltd
    • 6.4.18 Eaton Corporation (Coiltronics)
    • 6.4.19 KEMET Corporation (Yageo)
    • 6.4.20 API Delevan Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
**Subject to Availability
*List of vendors is dynamic and will be updated based on requested study scope
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

According to Mordor Intelligence, we track the global inductors market as all factory-built passive components that store energy in a magnetic field, spanning power, RF/high-frequency, multilayer, coupled, thin-film, and molded constructions sold as finished surface-mount, through-hole, or embedded parts across every end-use vertical.

Scope exclusion: loose ferrite beads, cores sold without windings, and inductors already integrated inside transformers are left outside the study.

Segmentation Overview

  • By Type
    • Power Inductors
    • RF/High-Frequency Inductors
    • Coupled Inductors
    • Multilayer Inductors
    • Thin-Film Inductors
    • Molded/Wire-wound Inductors
  • By Core Material
    • Air/Ceramic Core
    • Ferrite Core
    • Iron and Metal-Alloy Core
    • Nanocrystalline and Amorphous Core
  • By Mounting Technique
    • Surface-Mount Technology (SMT)
    • Through-Hole Technology (THT)
    • Embedded/Integrated PCB Inductors
  • By Shielding
    • Shielded
    • Unshielded
  • By Inductance
    • Fixed Inductors
    • Variable/Tunable Inductors
  • By End-user Vertical
    • Automotive
    • Aerospace and Defense
    • Communications and 5G Infrastructure
    • Consumer Electronics and Computing
    • Industrial and Power
    • Healthcare and Medical Devices
    • Renewable Energy Systems
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • India
      • Taiwan
      • South East Asia
      • Rest of Asia-Pacific
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle East and Africa
      • Middle East
        • Saudi Arabia
        • United Arab Emirates
        • Turkey
        • Rest of Middle East
      • Africa
        • South Africa
        • Egypt
        • Nigeria
        • Rest of Africa

Detailed Research Methodology and Data Validation

Primary Research

Interviews with component engineers at contract manufacturers, sourcing leads at EV and 5G infrastructure OEMs, and regional distributors helped us validate average selling prices, qualification cycles (AEC-Q200), and lead-time swings that desk sources could not resolve. Feedback from Asia-Pacific and North American respondents ensured geographic nuances were captured.

Desk Research

Our analysts first mapped import-export traces for HS 850450 and related codes using portals such as UN Comtrade, ITC Trade Map, and China Customs, and then benchmarked shipment trends with quarterly production tallies from JEITA and IPC. Regulatory filings, public 10-Ks, and investor decks from leading passive component makers grounded price and mix shifts, while academic journals on wide-bandgap power electronics clarified frequency and thermal parameters that redefine inductor design windows. Paid data pulls from D&B Hoovers and Dow Jones Factiva supplemented competitive revenue splits. This list is illustrative; many additional open and subscription sources informed cross-checks.

Market-Sizing & Forecasting

We constructed a top-down model that rebuilds global demand from production and trade data, which is then sanity-checked through selective bottom-up rolls of sampled ASP × unit volumes gleaned from channel conversations. Key variables like smartphone output, EV production, 5G macro-site additions, average coil count per power module, and ferrite price movements drive both the historical base and a multivariate-regression forecast through 2030. Gaps in bottom-up granularity are bridged by normalized utilization factors derived from primary research.

Data Validation & Update Cycle

Outputs undergo variance scans against independent electronics indices before a senior analyst signs off, and reports refresh annually with interim revisions when material events (for example, copper price spikes) trigger re-runs.

Why Mordor's Inductors Baseline Commands Confidence

Published values often diverge because firms pick different component mixes, price assumptions, and refresh cadences.

Our disciplined scope and annual rebuild keep numbers aligned with real trade flows and live ASPs.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 11.28 bn (2025) Mordor Intelligence -
USD 6.00 bn (2023) Global Consultancy A excludes multilayer chips, uses 2023 ASPs frozen for forecast
USD 4.46 bn (2024) Industry Analyst B counts only power inductors, limited Asia trade validation

The comparison shows how narrower scopes or static pricing compress totals, whereas Mordor's blended topology, live pricing loops, and yearly updates give decision-makers a balanced, transparent baseline they can reliably build on.

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Key Questions Answered in the Report

How big is the Global Inductors Market?

The Global Inductors Market size is expected to reach USD 11.28 billion in 2025 and grow at a CAGR of 4.79% to reach USD 14.25 billion by 2030.

What is the current size of the inductors market?

The inductors market generated USD 11.28 billion in 2025 and is expected to reach USD 14.02 billion by 2030.

Which segment is expanding fastest in the inductors market?

High-frequency inductors, used in 5G and millimeter-wave applications, grow at a 6.3% CAGR through 2030.

Why are metal-alloy cores gaining popularity over ferrite?

Metal-alloy powder cores endure higher flux densities and maintain inductance at elevated temperatures, making them ideal for silicon-carbide powertrains and high-current rails.

How many inductors does an electric vehicle typically contain?

Battery-electric vehicles integrate more than 100 inductors for DC-DC converters, onboard chargers, and traction inverters, far surpassing counts in consumer devices.

Which geographic region leads inductors manufacturing?

Asia-Pacific controls 69.8% of global revenue, supported by dense electronics supply chains in China, Japan, South Korea, and Taiwan.

What standards must automotive-grade inductors meet?

AEC-Q200 sets reliability benchmarks for thermal shock, vibration, and bias humidity that every inductor used in automotive electronics must satisfy.

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