Power Inductor Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Power Inductor Market in 2025 is assessed at USD 3.71 billion. The global Market size was worth around USD 3.55 billion in 2024 and is set to register a CAGR of more than 5.6%, exceeding USD 7.21 billion revenue by 2037. Asia Pacific is anticipated to surpass USD 2.31 billion by 2037, owing to low labor costs and high manufacturing capabilities in Asia Pacific, boosting the demand for power inductors.
The growth of the market is due to the need for power inductors in power supply circuits followed by the quick rise in the use of smartphones and other devices that need to be very reliable. Research indicates that 80% of people worldwide use smartphones. Apps account for 91% of the time spent on cellphones.
In addition, the production of metal alloy power inductors, which offer excellent performance and great dependability in small medical devices, is being increased by manufacturers in the power inductor industry. Metal windings, ferrite windings, and multilayer construction are features of robust power inductors that come in a range of sizes and configurations.
