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The global inductor market size is expected to grow from $4.08 billion in 2022 to $4.33 billion in 2023 at a compound annual growth rate (CAGR) of 6%.
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Inductor Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Inductor Market Definition An inductor, also known as a choke or reactor, stores energy in a magnetic field when an electrical current flows through it. It is a passive two-terminal electrical component that consists of a coil of wire wrapped around a core. It is primarily used in power electronic circuits for energy storage. Click Here To Read More Insights on This Report
Inductor Market Characteristics: The global inductor market size is expected to grow from $4.08 billion in 2022 to $4.33 billion in 2023 at a compound annual growth rate (CAGR) of 6%. The inductor market is expected to grow to $5.32 billion in 2027 at a CAGR of 5.30%. Click Here To Get A Sample Report
Key Market Drivers And Trends Drivers Trends The rising adoption of electric vehicles is expected to boost the growth of the inductor market going forward. Technological advancement is a trend gaining popularity in the inductor market. For More Detailed Information On The Market Drivers, Trends, Restraints, Strategies, AndOpportunities On Inductor Market Request For A Sample
Inductor Market Segments The report covers the Inductor market’s segments- By End User Vertical By Application By Inductance By Core Type By Type Automotive, Industrial, RF And Telecommunication, Military And Defense, Consumer Electronics, Transmission And Distribution, Healthcare Fixed Inductors, Variable Inductors Film Type, Multilayered, Wire Wound, Molded Power Applications, High-Frequency Applications, General Circuits Air Core, Ferromagnetic/Ferrite Core, Iron Core
Major companies in the market include TDK Corporation Murata Manufacturing Co Ltd. Key Market Players Vishay Intertechnonogy Inc. Taiyo Yuden Co Ltd. Chilisin Electronics Corp Click Here To Get A Sample Report
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