The North America Inductor market report defines and segments the concerned market for inductors along with providing analysis and forecast of revenue. The market for inductors in North America is estimated to grow from $ 490 million in 2014 to $ 570 million by 2019, at a CAGR of 3.1% from 2014 to 2019.
Browse through the TOC of North America Inductor market for an analysis of industry trends, segments & forecasts.
Inductors are one of the four fundamental types of passive electronic components, the other three being the resistor, the capacitor, and the memristor. Inductors are formed with the help of a wire tightly wrapped around a solid central core, which can be either a straight cylindrical rod or a continuous loop or ring to concentrate their magnetic flux. The inductor market has been segmented with respect to various types including fixed, variable, couple, surface mount, multilayer, and power inductor and also by core type including air core, ferromagnetic core, ceramic core, toroidal core, and laminated core.
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The inductor market has its applications in automotive, transmission & distribution, industrial sector, RF & telecommunication, military & defense, and consumer electronics. The inductor market for consumer electronics and telecommunication applications is estimated to grow at a CAGR of 3.8% from 2014 to 2019. According to the Consumer Electronics Association, USA, the consumer electronics sales in the U.S. have increased by around 6.1% from 2011 to 2014.
Inductors are widely being used in consumer electronics such as mobile devices, personal computers, and game machines. Thus, consumer electronics are expected to drive the demand for inductors in North America. Similarly, the demand for inductors in RF & telecommunication is estimated to increase rapidly because of the expansion of 3G and 4G infrastructure, and also the convergence of voice and data services.
US is the leading market for inductors in North America with a market share of 77% in 2014 and Canada is the fastest growing market with a CAGR of 23.6% from 2014 to 2019, among the three countries.
This market has been segmented and forecast on the basis of countries, such as US, Canada and Mexico.
This report also includes the market share and value chain analyses, along with market metrics such as drivers & restraints. In addition, it presents the competitive landscape and company profiles of the key players in the market.
Europe Inductor Market:
The European inductor market is estimated to grow at a CAGR of 4.04% during the forecast period. Inductors are used in automotive, transmission and distribution, industrial sector, RF and telecommunication, military and defense, and consumer electronics, which have been considered for analysis.
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