Us Surface Mount Inductor Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Surface Mount Inductor Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The US Surface Mount Inductor Market has been experiencing significant growth, driven by the rising demand for electronic devices, electric vehicles (EVs), and the expansion of 5G networks. Surface mount inductors (SMIs) are crucial components in various applications like power supplies, automotive electronics, telecommunications, and consumer gadgets. The market has been steadily evolving as technological advancements and miniaturization demands shape the future of electronic components. With a market valued in billions, the Surface Mount Inductor market in the US is expected to expand as manufacturers strive to meet the increasing demand for smaller, more efficient devices.
As the shift towards smarter technology accelerates, industries like telecommunications and electric vehicles are heavily investing in power management solutions. The rising need for 100 Gigabit Fiber Optic Transceivers has also created a parallel demand for high-performance inductors to support efficient power transmission. Notably, the advent of 5G infrastructure requires efficient signal processing, a role played effectively by surface mount inductors that optimize power delivery and reduce interference.
One key factor fueling the market’s growth is the automotive sector. As electric vehicles (EVs) become mainstream, the demand for compact, high-performance SMIs for power management and signal filtering in automotive electronics continues to rise. The importance of SMIs in EV systems for noise suppression and improving the efficiency of inverters and converters cannot be overstated. With manufacturers prioritizing compact, lightweight, and durable components, SMIs are a critical element for enhancing the reliability and performance of modern vehicles.
Another factor contributing to market expansion is the rapid growth of consumer electronics. As smartphones, wearables, and other devices evolve, manufacturers demand increasingly smaller and more efficient components, which SMIs provide. Furthermore, with the global push towards sustainability and the development of renewable energy solutions, the demand for SMIs in power conversion systems for solar energy equipment is rising. These inductors help improve the overall efficiency of energy systems, driving the market forward.
In conclusion, as industries continue to push for smaller, more powerful electronics, the US Surface Mount Inductor Market is set for further expansion. Innovations in inductive components will continue to play a pivotal role in a range of industries, from telecommunications to electric vehicles, meeting the growing demand for compact and efficient power management solutions.
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TDK
Murata
Taiyo Yuden
Vishay
Panasonic
MinebeaMitsumi
Alps Alpine
Eaton
Littelfuse
NIC Components
Sunlord
Bourns
NIDEC
Kyocera
Chilisin Electronics
Laird
Samsung Electronics
Yageo
TE Connectivity
Renco Electronics
Abracon
Sagami Elec
ITG Electronics
Würth Elektronik
Yuan Dean
Delta Electronics
API Delevan
Fenghua Semiconductor Technology
Zhenhua Fu
Microgate
Misumi
Fastron
Sumida
BI Technologies
Triad Magnetics
Pulse Electronics
Coilcraft
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Surface Mount Inductor Market
General-Purpose Inductors
High-Density Inductors
Power Inductors
High-Frequency Inductors
Coupled Inductors
Common Mode Chokes
Consumer Electronics
Automotive
Industrial
Telecommunications
Medical Devices
Ferrite
Powdered Iron
Composite Materials
Thin-Film Materials
Low Inductance (1uH - 10uH)
Medium Inductance (10uH - 100uH)
High Inductance (100uH - 1000uH)
Custom Inductance Values
Planar Inductors
SMD Shielded Inductors
SMD Unshielded Inductors
Multi-layer Inductors
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Surface Mount Inductor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Surface Mount Inductor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Surface Mount Inductor Market, By Type
6. Global Surface Mount Inductor Market, By Application
7. Global Surface Mount Inductor Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Surface Mount Inductor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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