The report also sheds light on the competitive landscape of the Automotive Grade Inductors market on the global and regional scale, along with a thorough forecast estimation to 2027. The new report is updated with the impact of the COVID-19 pandemic on the Automotive Grade Inductors market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Automotive Grade Inductors market.

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Automotive Grade Inductors Market

The global automotive grade inductors market size was USD 2,803.5 Million in 2022 and is expected to register a rapid revenue CAGR of 3.3% during the forecast period. Rising demand for vehicle system electrification miniaturization and Electric Vehicles (EVs) and increasing need for integrating technology in the automotive industry .  and Advanced Driver-Assistance Systems (ADAS) Â are key factors driving market revenue growth.

Automotive-grade inductors are current-sensing devices with electromagnetic characteristics. These consist of a passive two-terminal electronic component that stores energy in a magnetic field when current flows through an inductor. On 25 October 2022, TDK Corporation’s VLS5030EX-D type power inductor was introduced as a new member of the VLS-EX-D Series of wound ferrite power inductors for automotive power circuits. This inductor measures 5.3 x 5.0 x 3.0mm (L x W x H), which are expected to provide excellent Direct Current (DC) superposition characteristics with performance at temperatures of up to 150℃. 

 

Competitive Landscape: 

The latest study provides an insightful analysis of the broad competitive landscape of the global Automotive Grade Inductors market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. 

In addition, rising demand for power circuit applications, such as Electric Power Steering (EPS) and Engine Control Units (ECUs), is other key driving revenue growth of the market. Rapid shift to EVs and advancements in infotainments, is rising demand for electronic components. xEVs, also known as automobiles powered partially or entirely by motors and batteries is increasing use of automotive grade inductors.

Every ECU includes a Direct Current (DC-DC) converter that optimizes the voltage of battery. The performance of these converters is greatly influenced by the power inductor. While acting as a resistance against Alternating Current (AC), inductors freely transmit DC, which allow DC-DC converters to convert voltages to the necessary levels when paired with Integrated Circuits (ICs) that carry out high-speed switching. Automobile manufacturers are searching for a wide range of compact inductors and transformers with high current and power densities, low core losses, and magnetic shielding, which can handle the power and temperature demands of various electronic systems in harsh automotive environment.

The implementations of strict regulations for automobiles is rising demand for miniaturization and lightweight vehicles is also expected to drive market revenue growth. Furthermore, increasing need for advanced technologies including sensorsArtificial Intelligence (AI), and connectivity as well as rapid development of powering in-vehicle communications governing system, such as ADAS to enabling Vehicle-to-Vehicle (V2V) communications and Vehicle-to-Everything communications (V2X), are other factors driving market revenue growth.

Market Segmentation: 

The global Automotive Grade Inductors market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Automotive Grade Inductors market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Automotive Grade Inductors market.

The global automotive grade inductors market is moderately consolidated, with few large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective automotive grade inductors products. Some major players included in the global automotive grade inductors market report are:

 

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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

 

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