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Metal Power Inductor and RF Inductor Market Estimated to Grow at a CAGR of 4.69% During the Forecast Period 2022-2027

Metal Power Inductor and RF Inductor Market Estimated to Grow at a CAGR of 4.69% During the Forecast Period 2022-2027
Metal Power Inductor and RF Inductor Market | IndustryARC
Next-Generation Power Inductors With Improved Saturation Characteristics Driving the Growth of Metal Power Inductor and RF Inductor Market.

The Metal Power Inductor Market size in 2021 is estimated to be $2,265 million and is projected to reach $2,934 million by 2027 at a CAGR of 4.69% during the forecast period 2022-2027. RF Inductor market size is estimated to reach $961.2 million by 2027, growing at a CAGR of 5.23% in the same period. A Wirewound power inductor is typically used for energy storage in DC/DC converters due to its ferromagnetic and metallic magnetic nature or high current noise filter application including motor speed control, adjustable lighting, DC power conditioning and more. Moreover, a surface acoustic wave RF inductor is designed to handle radio frequency signals which are much higher in frequency than alternation or direct current. Owing to the various benefits possessed by the metal power inductor such as ability to handle large currents, moderate magnetic saturation characteristic, impact resistance it is widely deployed in various end-use industry such as automotive, healthcare and others. Moreover, the wide usage of metal power inductors in the automotive industry for automotive power supplies in ADAS system is expected to drive its market growth.

Metal Power Inductor and RF Inductor Market Segment Analysis – By Type

By Type, Wire Wound accounted for major share in 2021. This segment generated a revenue of $1,375.2m in 2021 and is forecast to be growing at a fastest CAGR of 4.34% during the forecast period 2022-2027. This segment is projected to generate revenue of $1,747.0 million by 2027. The growing automotive industry coupled with the wide usage of wire wound metal power inductors for high frequency application is expected to boost its market growth. Adding to this, the growth in the investments and expansions in the electric vehicle manufacturing units is set to drive the market growth rate. In November 2019, Volkswagen announced that it began the construction of its electric vehicle production facility in Tennessee, US, with an estimated investment of $800M.

Metal Power Inductor and RF Inductor Market Segment Analysis – By End Use Industry

In January 2019, AVX Corporation launched a New Accu-L® Series Thin Film Chip Inductors for Automotive Signal & Power Applications. Consumer Electronics generated revenue of $963.6m in 2021 and is projected to grow at a CAGR of 5.39% during the forecast period 2022-2027. This segment is forecast to reach revenue of $1,299.6 million by 2027. The growing semiconductor industry along with increasing demand of consumer electronics products such as smartphones, led lamps and computer is fueling its market growth. In August 2021, REE Automotive Ltd. (NASDAQ: “REE”), an innovator in e-mobility which recently started to trade on Nasdaq, announced that its REEcorner™ technology was awarded $17 million USD funding from the UK government as part of a $57 USD million investment, coordinated through the Advanced Propulsion Centre (APC). The investment is in line with the UK government’s ambition to accelerate the shift to zero-emission vehicles and de-carbonize the UK’s transport network.

For More Information About Metal Power Inductor and RF Inductor Market @ 

https://www.industryarc.com/Report/19844/metal-power-inductor-and-rf-inductor-market.html

Metal Power Inductor and RF Inductor Market Segment Analysis – By Geography

APAC is analyzed to be the dominant region owing to the growing consumer electronics and automotive industry in the region. For instance, according to a study by the Associated Chambers of Commerce of India (ASSOCHAM) and EY, the Indian electronics and hardware industry is expected to grow from US$120 billion in 2018 to nearly $300 billion by 2025 as electronics and hardware manufacturers are looking to increase their manufacturing base in India to cater to the domestic market in the Middle East, Africa and SAARC countries. China in Asia-Pacific is projected to grow fastest, with a CAGR of 5.07% during the forecast of 2022-2027. The key players are adopting strategies such as acquisition, product launches and others with the players and companies prevalent in the market.

Metal Power Inductor and RF Inductor Market Drivers

Next-Generation Power Inductors with Improved Saturation Characteristics

Automobile electrification provides benefits such as cost savings, lighter weight, and the ability to use flexible electronic control to improve performance in new automotive applications. This trend of electrification is fueling the expansion of the power inductor market, which is expected to exceed US$ 3.89 billion in sales by 2027. In vehicle ECU power circuits, the latest generation of power inductors is giving enhanced properties. The MPXV power inductors from KEMET Corporation, an electronic component manufacturer, combine low DC resistance with a slow saturation characteristic that is also more stable over temperature than typical ferrite-core inductors. Manufacturers of power inductors are working on devices with better saturation characteristics so that DC/DC switching power supply can continue to operate even when inrush current is high.

Semiconductor manufacturers dislike the large size of air core inductors

Manufacturers of power inductors are expanding their air core inductor production capabilities. These inductors are low-cost, easy-to-build, and do not induce core losses at high frequencies. However, semiconductor makers dislike the huge size of air core inductors. Furthermore, even in solid core inductors, the number of coil turns required to obtain the same inductance is possible. As a result, firms are expanding their R&D efforts in order to increase the performance of air core inductors in various devices. One of the main advantages of air core inductors is that they are not affected by the amount of current they carry and do not suffer from iron losses in the magnetic core.

Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=19844

Metal Power Inductor and RF Inductor Market Challenges

Fluctuating Prices of Raw Materials

Metal Power Inductors and RF Inductors have a number of drawbacks, including a low capacitance. Copper, iron, and ferrite are commonly used in inductors due to their strong electrical connectivity and low power losses. Copper is a popular raw material for making inductors because of its outstanding thermal and mechanical qualities. The copper line width is limited when making inductors, and the metal pattern density must be as uniform as feasible. The results of inductors produced in a single metal layer with various numbers of parallel tracks, with and without copper tiles, are reported. China, Japan, India, South Korea, and Germany are the top importers of copper, iron, and ferrite. As a result, the price of copper, which fluctuates a lot, is a big role on the cost of inductors.

Metal Power Inductor and RF Inductor Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Metal Power Inductor and RF Inductor market. In 2021, the market of Metal Power Inductor and RF Inductor market has been consolidated by the top players

TDK Corp
Murata
Taiyo Yuden
Coilcraft
Samsung
Bourns Inc.
Chillsin
AVX Corp.
Vishay Intertechnology
Wurth Electronik

Recent Developments

In March 2021, AVX Releases New LCCI Series Ultraminiature Multilayer Ceramic Chip Inductors for High-Frequency RF Applications.

In April 2021, Murata Manufacturing Co Ltd launched the multilayer type inductor “LQM18DH_70” Series as a low frequency noise suppression component for vehicle-mounted power circuits.

Key Takeaways

The growing number of innovations by key players are some of the key factors contributing to its segmental growth. For instance, in August 2019, Coilcraft launched new low-profile wirewound ceramic core 0402 chip inductors for both mobile and infrastructure equipment.

In December 2020, EU amended regulations in order to give further effect to the implementation of Directive 2009/125/EC of the European Parliament and of the Council of 21 October 2009 establishing a framework for the setting of ecodesign requirements for energy-related products (recast).

The Energy-related Products Directive is a Framework Directive which specifies the framework within which detailed measures (referred to as EU measures), setting EU ecodesign requirements for specific energy-related products (referred to as listed products), are brought forward by the EU Commission. It is a recast of an earlier Directive (Directive 2005/32/EC) which established a framework for the setting of ecodesign requirements for energy-using products and extends the scope of the application of that Directive to a wider variety of products which do not consume energy during use but have a significant contribution to make to energy saving.

Relevant Report

RF Coaxial Connector Market

https://www.industryarc.com/Report/19042/rf-coaxial-connector-market

For more Electronics Market reports, please click here

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