Emergen Research’s latest market research report focuses on the global
Automotive Grade Inductors Market and the report provides in-depth analysis of each of its major segments. Reports about the global Automotive Grade Inductors Market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Automotive Grade Inductors industry projections and qualitative and quantitative assessments have been provided by the report's authors.
The automotive grade inductors market has been experiencing significant growth in recent years, driven by the increasing demand for advanced electronic components in the automotive industry. Inductors are passive electronic components that store energy in a magnetic field and are widely used in various automotive applications, including powertrain systems, infotainment systems, and advanced driver-assistance systems (ADAS).
The global automotive grade inductors market size was USD 46.71 Million in 2022 and is expected to register a steady revenue CAGR of 13.9% during the forecast period, according to latest analysis by Emergen Research. One of the key drivers of the automotive grade inductors market is the growing trend towards electrification and the increasing complexity of automotive electronics. With the rise of electric vehicles (EVs) and hybrid electric vehicles (HEVs), there is a greater need for inductors to support the efficient operation of power electronics systems, such as motor drives and battery management systems. Additionally, the integration of advanced features in modern vehicles, such as ADAS and infotainment systems, requires high-performance inductors to ensure reliable and stable operation.
Moreover, the stringent government regulations and emission standards imposed on the automotive industry are also driving the demand for automotive grade inductors. Governments worldwide are encouraging the adoption of electric and hybrid vehicles to reduce greenhouse gas emissions and combat climate change. This has led to increased investments in the development of EV charging infrastructure, which, in turn, drives the demand for inductors used in charging systems.
However, the automotive grade inductors market also faces certain restraints. One of the major challenges is the high cost associated with the development and manufacturing of automotive grade inductors. These components require specialized materials and manufacturing processes to meet the stringent automotive industry standards, which adds to their production costs. Additionally, the complexity of automotive electronics and the need for miniaturization pose challenges in designing compact and high-performance inductors.
According to the International Energy Agency (IEA), the global electric car stock surpassed 10 million vehicles in 2020, indicating a significant increase in the adoption of electric vehicles. This statistic highlights the growing market potential for automotive grade inductors, as these vehicles heavily rely on inductors for their power electronics systems.
Furthermore, the National Highway Traffic Safety Administration (NHTSA) in the United States reported that the number of vehicles equipped with ADAS features, such as lane departure warning and automatic emergency braking, is increasing rapidly. This trend emphasizes the need for high-quality inductors to ensure the reliable operation of these safety-critical systems.
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The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
Target Audience of the Global Automotive Grade Inductors Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Automotive Grade Inductors market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets.
The report also discusses the key players involved in the market such as
Laird, TDK Corporation, Vishay Intertechnology, Inc., Mouser Electronics, Inc., Bourns, Inc., Abracon, Murata Manufacturing Co., Ltd., TTI, Inc., Panasonic Industry, and Viking Tech Corporation
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Automotive Grade Inductors market
- Sales revenue by key players and new entrants
- Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight to recent trends and opportunities
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The report bifurcates the Automotive Grade Inductors market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Automotive Grade Inductors Market Segmentation:
-
Inductance Range Outlook (Revenue, USD Million; 2019-2032)
- Less than 1 micro henry
- 1 to 10 micro henry
- 10 to 20 micro henry
- 20 to 30 micro henry
- 30 to 40 micro henry
- More than 40 micro henry
-
Vehicle Type Outlook (Revenue, USD Million; 2019-2032)
- Passenger cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
-
Sales Channel Outlook (Revenue, USD Million; 2019-2032)
- Original Equipment Manufacturers (OEMs)
- Aftermarket
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Additional information offered by the report:
- Along with a complete overview of the global Automotive Grade Inductors market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Automotive Grade Inductors market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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