What is the value of the Inductor Market | Industry Trends & Forecast 2026

Code: MTA11733 Publication Date: Dec 2025

What is the value of the inductor market?

According to 6Wresearch internal database and industry insights, the Global Inductor Market was estimated at USD 9.4 billion in 2025 and is projected to reach USD 15.8 billion by 2032, expanding at a CAGR of 7.1% during the forecast period 2026-2032.

The market is expanding due to multiple contributors such as the surge in power electronics demand, wider adoption of electric and hybrid vehicles, increasing utilization of inductors in consumer electronic devices, continuous progress in miniaturization technology, and the growing emphasis on energy-efficient components in automotive, telecom, and industrial applications.

Key Growth Drivers of the Inductor Market

  • The demand is increasing for inductors in smartphones, laptops, and wearables
  • The adoption is rising for power-efficient components in EVs and charging systems
  • The need is increasing for high-frequency inductors in telecom and 5G equipment
  • Technological advancements in compact and lightweight inductor designs
  • Rising demand for inductors in renewable power systems and industrial automation
  • Growing use of inductors in automotive safety, infotainment, and power systems

Inductor Market Trends

The Inductor Market is witnessing major growth with trends such as increasing shift toward miniaturized surface-mount inductors suited for compact electronic devices. Demand for high-frequency inductors is rising with rapid expansion of 5G infrastructure and advanced communication systems. Aside from these, power inductors with low DC resistance are gaining traction across EVs and industrial converters. The use of ferrite-based and metal composite inductors is growing due to enhanced thermal performance. Furthermore, there is a growing need for very thin inductors in portable electronics. The use of inductors in advanced driver-assistance systems is growing, which is making them more popular in the automotive industry.

Emerging Developments in the Inductor Market

The Inductor Market is evolving with advancements in nanocrystalline magnetic materials and cutting-edge coil fabrication technologies. Market has noticed increasing R&D in high-temperature inductors for automotive and aerospace applications. Further, collaborations between electronics manufacturers and material science companies are increasing. Expansion of automated production lines for precision coil winding is contributing in the market growth. Growing development of flexible inductors for wearable devices is adding new opportunities. Smart inductors with better saturation characteristics and better EMI shielding are becoming more important in many fields.

List of Leading Companies in the Inductor Market

Some of the leading companies include:

  • TDK Corporation
  • Murata Manufacturing Co., Ltd.
  • Taiyo Yuden Co., Ltd.
  • Vishay Intertechnology
  • AVX Corporation
  • Panasonic Corporation
  • Sumida Corporation

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