Current situation of China's inductor market


Release time:

2025-05-01

These major participants have advanced technology and large-scale production capabilities, and their products are sold globally, especially in Europe, the United States, and the Asia Pacific region.

According to HengCe's statistics and forecasts, the global inductor market sales reached 6.798 billion US dollars in 2024, and are expected to reach 10.22 billion US dollars in 2031, with a compound annual growth rate (CAGR) of 6.1% (2025-2031). At the regional level, the Chinese market has undergone rapid changes in the past few years. The market size is expected to reach millions of US dollars in 2024, accounting for approximately% of the global market. It is projected to reach millions of US dollars by 2031, at which point the global market share will reach%. Inductors are passive electronic components that can resist changes in current flow. It achieves this by storing energy in the magnetic field generated by the current passing through it. The main function of an inductor is to temporarily store energy and release it back into the circuit when the current changes. Inductors are usually made by winding wires around a magnetic core material in the shape of a coil, which can be air, iron, ferrite, or the like. The selection of magnetic core materials will affect the inductance and performance characteristics of inductors. In the past few years, the price fluctuations in the inductor industry have been significant, influenced by various factors. Fluctuations in raw material prices, changes in market supply and demand, and technological developments have all become key factors affecting prices. The combined effect of these factors has led to significant fluctuations in the price of inductors, with an average increase of 9.87%. This price fluctuation poses certain operational risks for inductor coil manufacturers and suppliers. The main manufacturers of global inductors include TDK, Murata, Sunac, and Qili New Electronics Vishay Intertechnology、 Delta Electronics, Panasonic, Shunluo Electronics, Shengmeida, etc. TDK is the world's largest inductor supplier, with a global market share of 21.49%. In 2022, the revenue share of the top five global companies is approximately 56.62%. These major participants have advanced technology and large-scale production capabilities, and their products are sold globally, especially in Europe, the United States, and the Asia Pacific region.

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