USD 428.54 million
Report ID:
SQMIG20D2078 |
Region:
Global |
Published Date: July, 2024
Pages:
202
|Tables:
90
|Figures:
77
Global Coupled Inductor Market size was valued at USD 428.54 million in 2022 and is poised to grow from USD 434.15 million in 2023 to USD 481.79 million by 2031, at a CAGR of 1.31% during the forecast period (2024-2031).
The demand for coupled inductors will increase over the projected period as they are increasingly used in consumer electronics and the automotive industry due to their cost-effectiveness and reduced space requirements. Two inductors connected to separate circuits can transfer energy to one another through their magnetic fields when their magnetic fields are brought together. Electric motors, generators, wireless power transfers, radio frequency identification, transformers, induction cookers, and induction heating systems are just a few of the applications that heavily rely on coupled inductors. Moreover, these inductors are used in metal detectors, inductive charging devices, and induction loop communication systems. Coupled inductors will be used more frequently in consumer electronics and the automotive industry as they are more cost-effective and take up less space, which will increase demand over the projection period.
The requirement for conventional cars is decreasing as electric and autonomous vehicle adoption rates rise. The coupled inductors have been impacted by this. The market for coupled inductors has a large window of opportunity for growth due to the growing emphasis on alternative energy. The requirement for coupled inductors is anticipated to rise as more solar and wind power systems are installed. The market for coupled inductors has a huge opportunity as more people shift to electric and hybrid vehicles. The need for coupled inductors is expected to rise as the quantity of electric and hybrid vehicles produced increases.
US Coupled Inductor Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 428.54 million
Largest Segment
Single Phase
Fastest Growth
Single Phase
Growth Rate
1.31% CAGR
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Global Coupled Inductor Market is segmented based on phase, application, end user and region. Based on phase the Coupled Inductor Market is segmented into single phase and multi-phase. Based on application the market is segmented into converters, transformers, regulator, and others. Based on end user the Coupled Inductor Market is segmented into electronics and electrical, telecommunication, automotive, and others. Based on region the Coupled Inductor Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Coupled Inductor Market Analysis by Phase
The usage of single-phase coupled inductors is prevalent in systems with single-phase power sources, like the ones found in homes and businesses. In power supplies, voltage regulators, and inverters, single-phase linked inductors are frequently employed.
On the other hand, multi-phase coupled inductors are used in circumstances where the power supply is multi-phase, such as in high-power electrical systems and industrial applications. High-power AC-DC converters, motor drives, and multi-phase coupled inductors are typical uses.
The demand for single-phase and multi-phase Coupled inductors varies depending on the needs of the application. For instance, the increasing adoption of renewable energy sources and electric vehicles is predicted to increase demand for single-phase coupled inductors. Similar to this, it is anticipated that demand for multi-phase linked inductors will rise as high-power electrical systems become more prevalent in sectors like data centers, electric cars, and aircraft.
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The market for coupled inductors is predicted to be the largest in the Asia-Pacific region as a result of the growing demand for consumer electronics, cars, and renewable energy systems. The demand for smartphones, laptops, and other electronic devices is expected to rise along with the swift penetration of renewable energy sources in countries like China and India. As a result, coupled inductor demand in the Asia-Pacific area is likely to rise.
North America and Europe are anticipated to be significant markets for coupled inductors due to the large number of major technology companies in these different continents. The main factors driving coupled inductor demand in North America are expected to be the increased usage of renewable energy sources and the rising interest in electric and hybrid vehicles. Similar to this, linked inductors are expected to be in great demand in Europe due to the expanding usage of high-power, energy-efficient electronics.
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Coupled Inductor Market Drivers
Rapidly Growing Electronic and Telecommunication Sector is Demanding Coupled Inductors
Coupled Inductor Market Restraints
Design Complexity to Hinder Market Growth
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The coupled inductor market is highly fragmented and competitive, and it has a number of significant players that trade globally. To enhance their competitive position and increase the size of their customer base, these companies are putting their attention on tactics like new product launches, alliances, collaborations, and mergers. For instance, Würth Elektronik launched its new coupled inductor series in 2021 for high-current uses in industrial, renewable energy, and electric car applications.
Coupled Inductor Market Top Player’s Company Profiles
Coupled Inductor Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, we found that the Coupled Inductor market is the growing electronics industry that is anticipated to propel the coupled inductor market ahead. The worldwide electronics market has experienced significant shifts over the last twenty years, particularly in countries such as China, India, and Japan. The need for semiconductor and inductors has significantly increased with the widespread use of consumer electronics, medical technology, and home appliances. Moreover, the need is expected to rise due to significant investments in R&D, technological development, and automation. The sector is also influenced by the increasing use of the Internet of Things (IoT) and artificial intelligence (AI). As a result, the global coupled inductor's demand is expected to grow greatly in the coming years along with the development of the electronics industry, driving the growth of its market. The demand for conventional cars is decreasing as electric and autonomous vehicle adoption rates rise. The linked inductors have been affected by all this. Coupled inductors are increasingly used in consumer electronics and the automotive sector due to their low cost and small physical footprint. Throughout the forecast period, demand for coupled inductors is anticipated to increase.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 428.54 million |
Market size value in 2031 | USD 481.79 million |
Growth Rate | 1.31% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Coupled Inductor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Coupled Inductor Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Coupled Inductor Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Coupled Inductor Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG20D2078
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