Connect with us

Hi, what are you looking for?

Power Inductor Market to Reach US$ 3.75 Bn by 2031 | TMR Study

Transparency Market Research delivers key insights on the global power inductor market. In terms of revenue, the global power inductor market is estimated to expand at a CAGR of 5.8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global power inductor market.

The global power inductor market is broadly affected by several factors, including rise in adoption of consumer electronics devices. Thus, increase in applications of the power inductor in the industrial sector is propelling the global power inductor market.

Request a sample to get extensive insights into the Power Inductor Markethttps://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=48795

Power Inductor Market: Dynamics

A trend toward miniature smartphones, TVs, and other consumer electronics products is increasing worldwide. Moreover, customer preference for electric and hybrid electric vehicles is rising across highly lucrative regions such as U.S., Europe, and Asia Pacific.

The shift in consumer demand has created innovative opportunities for the power inductor market. The demand is rising owing to the capability of advanced power inductors such as wire-wound, multilayer, and thin-film power inductors in terms of reduced size and increased efficiency.

Thus, the demand for miniaturized components is increasing from several industry verticals such as automotive, consumer electronics, and healthcare, which is expected to propel the market during the forecast period.

To understand how our report can bring difference to your business strategy, Ask for a brochure –https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=48795

Power Inductor Market: Prominent Regions

The power inductor market in Asia Pacific is expected to expand during the forecast period, owing to presence of key market players, technological advancements, and expansion of the industrial sector in the region. The power inductor market in Asia Pacific is projected to expand further due to significant rise in the adoption of power inductor among industrial, automotive, and consumer electronics industries. Additionally, the production of smartphones and other electronic products is also significant in the region, especially in China, Japan, and South Korea. The presence of prominent semiconductor manufacturers further fuels the demand for power inductors in Asia Pacific. Hence, the market in the region is projected to reach a value of US$ 2.2 Bn by 2031. The power inductor market in Europe is likely to expand at a notable CAGR of 6.2% during the forecast period, owing to the presence of a significant number of players manufacturing power inductors in the region.

Power Inductor Market: Key Players

Key players operating in the global power inductor market are TDK Corporation, Vishay Intertechnology, Inc., Murata Manufacturing Co., Ltd, Panasonic Corporation, Samsung Electro-Mechanics Co., Ltd, and AVX Corporation.

Read Our Latest News Publication at– https://www.prnewswire.com/news-releases/power-supply-and-charger-market-to-reach-us-79-21-bn-by-2031–opines-tmr-301397741.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

Transparency Market Research

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Bloghttps://tmrblog.com/

Follow UsTwitter | LinkedIn

You may also like:

World

Got a problem? Yes, you do. Fix it. Try “Life, Liberty, and the Pursuit of Happiness.” You could do worse.

World

The Ukrainian govt. issues a daily catalogue of Russia's losses in the four-month long war, while remaining cagey about its own casualties.

Life

The 54-year-old designer told AFP the diplomatic gesture was a "special, magical moment" for him after years spent working on the bike.

World

Lawmakers investigating the attack on the US Capitol detailed Donald Trump's efforts to recruit the Justice Department into his scheme.