Fixed Inductor Market Size

Fixed Inductor Market size was valued at USD 4.18 Billion in 2023 and is anticipated to cross USD 7.31 Billion by the end of 2036, expanding at more than 4.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of fixed inductor is estimated at USD 4.35 Billion. The growth of the market can primarily be attributed to the growing demand for transformers which is an important part of power generation worldwide. For instance, according to the data published in the ITC Trade Map, the global value of the import of parts of electrical transformers and inductors was USD 10,383,284 thousand in 2020, which further increased to USD 12,791,611 thousand in 2021.

The coils in a fixed inductor are wound such that the turns remain fixed in position with respect to each other. A fixed conductor either has a core whose air gap and position within the coil is fixed or has no magnetic core. They tend to be more compact and convenient inductors, and they are a smart choice for applications in which steady inductance is expected. The wide use of fixed conductors in combination with capacitors to make tuned circuits, which are used to tune radio and TV receivers, is expected to create massive revenue generation opportunities for the key players operating in the global fixed inductor market during the forecast period. It was found that, in the year 2021, the worth of the United States television industry was estimated to be more than 200 billion. The amount spent on TV subscription services was estimated to be USD 119 billion in 2021, which grew by approximately 5 billion in 2020.