Power Inductors Market

By Type;

Wire-wound, Multilayer, and Thin-film Power Supply.

By Core;

Shielded, and Non-shielded.

By Mounting;

Surface Mount Technology, and Through Hole Technology.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn198868853 Published Date: August, 2025 Updated Date: September, 2025

Power Inductor Market Overview

Power Inductor Market (USD Million)

Power Inductor Market was valued at USD 2,397.35 million in the year 2024. The size of this market is expected to increase to USD 3,367.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Power Inductors Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 2,397.35 Million
Market Size (2031)USD 3,367.70 Million
Market ConcentrationMedium
Report Pages359
2,397.35
2024
3,367.70
2031

Major Players

  • TDK Corporation
  • AVX Corporation
  • Bourns, Inc.
  • Coilmaster Electronics Co., Ltd.
  • Coilcraft Inc.
  • Cyntec Co., Ltd.
  • ETAL Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Power Inductors Market

Fragmented - Highly competitive market without dominant players


The Power Inductors Market plays a critical role in modern electronic and electrical systems, supporting efficient energy conversion and signal integrity across devices. With the rising demand for consumer electronics, automotive electronics, and industrial equipment, the market has experienced strong expansion. More than 60% of electronic circuit designs incorporate power inductors for applications in voltage regulation, energy storage, and EMI filtering, highlighting their integral position in the industry.

Technological Advancements
The market is driven by continuous innovation in miniaturization, high-frequency operation, and thermal management. Advanced designs are enabling inductors to be more compact and efficient while handling higher current levels. Over 45% of newly developed inductors are designed for compact devices such as smartphones and IoT modules, reflecting the trend toward size reduction without compromising performance.

Adoption in Automotive Electronics
The increasing use of electric vehicles and hybrid systems is fueling demand for high-performance power inductors. These components are vital in managing power within battery systems, motor drives, and on-board chargers. More than 35% of the demand for high-power inductors originates from automotive applications, and this share continues to expand as electrification accelerates globally.

Growing Role in Renewable and Industrial Systems
Industrial automation and renewable energy systems such as solar inverters and wind turbines rely heavily on power inductors to ensure smooth power conversion. Around 40% of renewable energy inverters integrate advanced inductor technology to handle fluctuations and optimize energy efficiency. This trend is expected to continue with the growing focus on energy sustainability and electrification in industrial operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Core
    3. Market Snapshot, By Mounting
    4. Market Snapshot, By Region
  4. Global Power Inductor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in telecommunication technologies
        2. Growing adoption of electric vehicles
        3. Demand for energy-efficient components
        4. Miniaturization of electronic devices
      2. Restraints
        1. Supply chain disruptions
        2. Limited skilled workforce
        3. Import-export regulations
      3. Opportunities
        1. Advances in magnetic materials
        2. Demand for high-frequency applications
        3. Adoption in aerospace and defense
        4. Expansion in the electric grid sector
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Power Inductor Market, By Type, 2021 - 2031 (USD Million)
      1. Wire-wound
      2. Multilayer
      3. Thin-film Power Supply
    2. Global Power Inductor Market, By Core, 2021 - 2031 (USD Million)
      1. Shielded
      2. Non-shielded
    3. Global Power Inductor Market, By Mounting, 2021 - 2031 (USD Million)
      1. Surface Mount Technology
      2. Through Hole Technology
    4. Global Power Inductor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
        5. Competitive Landscape Analysis
  6. Company Profiles
    1. TDK Corporation
    2. AVX Corporation
    3. Bourns, Inc.
    4. Coilmaster Electronics Co., Ltd.
    5. Coilcraft Inc.
    6. Cyntec Co., Ltd.
    7. ETAL Group
  7. Analyst Views
  8. Future Outlook of the Market