The Asia-Pacific Inductor Market is Estimated to Reach $2,610 Million by 2019 – A Report by MicroMarket Monitor
(PRWEB) March 06, 2015
The global consumer electronics industry has been growing significantly for the past few years due to the innovative technical developments in the sector globally. Due to this, the requirements of ICs are also increasing, which ultimately increases the demand for inductors.
Browse through the TOC of Asia-Pacific Inductor Market for an analysis of industry trends and segments, with the help of various tables and figures.
http://www.micromarketmonitor.com/market/asia-pacific-inductor-7194377267.html
These inductors are used in large amounts in consumer electronics such as smartphones, tablets, notebook and desktop computers, servers, Blu-ray recorders, set-top boxes, portable gaming devices, and GPS products due to various features such as their small size, low DC resistance, and capacity for withstanding large currents.
Inductors are well-known for their features that emphasize product performance. They are widely used in filters, sensors, transformers, motors, energy storage, and audio networks. Their major applications lie in the segments of automotive, transmission and distribution, industrial sector, RF and telecommunication, military and defense, and consumer electronics. Consumer electronics hold the highest consumption with a market size of USD 664.10 million in 2014.
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Inductors are classified into two sections, namely types and core types. The types consist of fixed inductors; chokes; coils; variable inductors; couple inductors; multilayer inductors; power inductors; and surface mount inductors. The fixed inductors, chokes, and coils are valued at the major market size of USD 638.06 million in 2014, followed by the multilayer inductors with a market size of USD 332.05 million in 2014, growing at CAGR of 5.18% and 7.66% from 2014 to 2019, respectively.
In terms of geography, the APAC region leads globally in terms of market size, accounting for the major market size with a value of USD 1.81 million in 2014. APAC dominates the global inductor market due to the presence of a large number of chip manufacturers in this region. A majority of the demand in the region comes from countries such as China, India, Taiwan, and South Korea due to robust growth in the office automation, automotive, communication, and consumer electronics sectors. Moreover, these countries offer numerous benefits in terms of material and labor cost considerations.
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The report defines the market, which is segmented and forecast on the basis of countries, such as India, China, Japan, South Korea, and Taiwan.
This research report has focused on various levels of analysisindustry analysis, market share analysis of the top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the inductor market, high-growth regions and countries as well as their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
Related Report:
European Inductor Market
The European inductor market is estimated to grow at a CAGR of 4.04% during the forecast period. Inductors are used in the automotive, transmission and distribution, industrial sector, RF and telecommunication, military and defense, and consumer electronics, which have been considered for analysis.
http://www.micromarketmonitor.com/market/europe-inductor-1062870811.html
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