Global RF/Microwave Inductors Market Size By Type (Wire Wound Type, Film Type), By Application (Smart Phone, Consumer Electronics), By Geographic Scope And Forecast

RF/Microwave Inductors Market Size And Forecast

RF/Microwave Inductors Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2023 to 2030.

The expanding demand for consumer electronics, which need a significant number of inductors, as well as the increasing demand for electric cars, are major driving aspects in the RF/Microwave Inductors Market. Significant gains in wireless technologies, like 4G and 5G, have expanded the use of electronic components in a variety of industrial and commercial applications. The Global RF/Microwave Inductors Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global RF/Microwave Inductors Market Definition

An inductor is a two-terminal passive electrical gadget that retains magnetic energy when an electric current passes through it. Inductors developed for use in radio frequency and microwave operations are known as RF/Microwave inductors. These inductors are specifically built to accommodate radio frequency transmissions, which have a significantly higher frequency than AC or DC. Inductors, along with resistors and capacitors, constitute the vast bulk of the compounds contained in resonant circuits, which are required for radio communications systems. RF/Microwave inductors often have coils that are spaced wider apart than low-frequency inductors. To increase surface area, tubular wire or metal strips might also be used. RF/Microwave inductors possess low self-capacitance as well as high self-resonance, making them useful at frequencies over 3 MHz.

Global RF/Microwave Inductors Market Overview

The growing need for consumer personal computers, electronics, RF transceivers, and automotive electronics, is driving the Global RF/Microwave Inductors Market. Manufacturers are already creating high-quality inductive components that can be used in a variety of applications, including consumer and automotive electronics. As a result, it promotes overall market growth. Furthermore, due to the expanding electronic components in automobiles, the automotive industry is proving to be the most important choice for RF/Microwave inductors makers. Moreover, rising consumer disposable income is likely to drive market expansion in the approaching years.

However, fluctuating raw material prices and tight government regulations for the manufacture of electronic devices impede the growth of the market. The COVID-19 epidemic has impacted the production operations and supply chain of different sectors around the world, resulting in a significant decrease in demand for RF inductors. Due to the COVID-19 epidemic, the automotive and consumer electronics industries ceased manufacturing and distribution. Lockdowns in many countries have hampered electronic goods sales. As a result, the COVID-19 epidemic had a negative impact on demand for RF inductors.

Global RF/Microwave Inductors Market Segmentation Analysis

The Global RF/Microwave Inductors Market is Segmented on the basis of Type, Application, And Geography.

RF/Microwave Inductors Market, By Type

• Wire Wound Type• Film Type• Multilayer Type

Based on Type, the market is bifurcated into Wire Wound Type, Film Type, and Multilayer Type. During the projected period, wire-wound inductors are anticipated to have the biggest market share. Inductors with wire looped around them have a core comprised of magnetic metals like ferrite or iron. Unwanted RF signals can degrade audio quality and cause power systems to fail. As a result, wire-wound inductors are employed because they may filter or block radio frequencies. They are commonly found in automobile audio equipment and electronic control units (ECUs), as well as electronic devices utilized in communication infrastructure and mobile base stations. They are primarily found in high-frequency circuits of mobile communication devices like wireless mobile phones, LANs, RFID tags, broadband components, Bluetooth, RF transceivers, security systems, and wireless PDA. Wire-wound inductors are bigger in scale and have twice the performance of multilayer inductors of the same size. Wire-wound inductors have the biggest market share because their manufacturing costs are lower than those of other kinds of inductors and they have a significant inductance value.

RF/Microwave Inductors Market, By Application

• Smart Phone• Consumer Electronics• Automotive• Communication Systems• Others

Based on Application, the market is bifurcated into Smart Phone, Consumer Electronics, Automotive, Communication Systems, and Others. The Consumer Electronics vertical will have the biggest market share. Voltage transients like short circuits, ESD and lightning, and overload circumstances pose operating risks to consumer electronics. These goods must meet current regulatory criteria for safety and energy-efficient power/signal operation, transmission, and distribution. The expanding global demand for consumer electronics like tablets, smartphones, laptops, portable gaming consoles, and set-top boxes is fueling the growth of different inductors. Inductors are most commonly used in the consumer electronics industry. In consumer electronics, inductors are utilized for power supply in many complicated systems to manage current, as well as filters in circuits to shut off undesired frequencies. As a result, the consumer electronics vertical is likely to dominate the RF/Microwave Inductors Market.

RF/Microwave Inductors Market, By Geography

• North America• Europe• The Asia Pacific• Rest of the world

On the basis of Geography, The Global RF/Microwave Inductors Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia-Pacific is expected to expand at the quickest CAGR throughout the projection period. The causes driving the market expansion are increased disposable income, a growing population, and high demand for consumer electronics. Furthermore, developments in communications and the incorporation of integrated chips are increasing the demand for RF inductors, resulting in market growth. North America region is expected to lead the worldwide RF inductors industry due to the expanding manufacturing sector, adoption of electric vehicles in the US, and increased need for RF inductors in the communications industry due to the expansion of 4G and 5G. Furthermore, the region’s burgeoning electronics output and expanding consumer demands are offering considerable opportunities for market expansion.

Key Players

The “Global RF/Microwave Inductors Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are RF Inductors, Laird PLC, TDK, Sunlord Electronics, Delta Electronics, Taiyo Yuden, AVX, Chilisin, Vishay, Coilcraft, Inc, Murata Manufacturing, Samsung Electro-Mechanics, Panasonic, ABC Taiwan Electronics, Pulse Electronics, and Würth Elektronik.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In March 2022 – Ansys released tools for designing RF filters. The RF filter program facilitates the synthesis, design, and improvement of microwave, RF, and digital filters, cutting development costs while increasing performance.

• In February 2022 – Gowanda Electronics announced the launch of SMP0603. It is their first ceramic core chip inductor series to be used for power applications.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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