Asia-Pacific Inductor Market is Worth USD 2,610 million by 2019

The report “Asia-Pacific Inductor Market By Type (Fixed Inductor, Variable Inductor, Couple Inductor, Multilayer Inductor, Power Inductor, and Surface Mount Inductor), By Application, and By Geography - Analysis and Forecast (2014 - 2019)”, defines and segments the Asia-Pacific Inductor Market and forecasts the market size, by value and volume.the Asia-Pacific holds the most favorable market, growing at a CAGR of 7.6% from 2014 to 2019; it has summed up a market size of USD1,810 million in 2014 and is projected to reach USD 2610 million by 2019.

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The Asia-Pacific inductor market is estimated to grow at a market size of USD 2,610 million by 2019 during the forecast period. Inductors are widely used in filters, sensors, transformers, motors, energy storage, and audio networks. They are often used in analog circuits. Two or more inductors that have coupled magnetic flux make a transformer, which is used in every power grid, globally. Inductors are also used in electrical transmission systems to lower the amount of voltage an electrical device generates or lower the fault current.

The multilayer inductors; fixed inductors, chokes, and coils; surface mount inductors, variable inductors, coupled inductors, and power inductors are the major types of inductors. A multilayer inductor consists of a layered coil that is wound multiple times around the core. As a result of these multiple layers and the insulation between them, the multilayer inductors have a high inductance level. They range among high-frequency applications, such as signal processing modules, which include mobile phones, Bluetooth, WLANs, and tuners.

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The Asia-Pacific inductor market is dominated by China, with 37% of the market share in 2014. The market is expected to grow across all segments, such as applications, types, and all industry verticals. The significant focus toward manufacturing and the potential of China, Japan, Taiwan, and India contribute majorly to this growth trend.

Key players in the Asia-Pacific Inductor Market are -
  • TDK Corporation
  • Taiyo Yuden Co. Ltd.
  • Murata Manufacturing Co. Ltd.

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