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(Wireless-NewsWire.Com, May 23, 2017 ) Inductors are components designed to resist changes and are utilized for the storage of energy in form of magnetics field and is referred to as passive electronic component. Inductor is an electric device consisting of single or multiple loops of wire and typically has two terminals. Change in magnetic field induces voltage that opposes the field-producing current which is known as inductance.
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Consumer electronics segment is expected to contribute primarily to the growth of the global inductor market. Asia Pacific countries such as India, China and Japan is expected to contribute majorly to the global inductor market during the forecast period supported by the rapid industrialization, rising urbanization and increasing disposable income of the population in the emerging economies.
The rise of deployment of smart grids and automotive, demand for compact power efficient and light weight devices is driving the growth of inductor market. Advancements in telecommunication and integration of integrated chips is rising the demand for inductors. Increased complexity in mobile devices is leading to the growth in demand for inductors hence driving the growth in revenue of global inductors market. Increasing disposable income of the consumers leading to rising demand for passive electronics is another factor encouraging the growth of global inductors market.
On the basis of inductor type, global inductor market can be segmented into coupled, multi-layered, power, radio frequency (RF), choke, surface-mounted and others
On the basis of core type, global inductor market can be segmented into air core, laminated core, toroidal core, ferromagnetic core, ceramic core, and others
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On the basis of application industry, global inductor market can be segmented into IT & telecommunication, healthcare, military, automotive, consumer electronics and others.
However, various government regulations made for the production of electronic devices and fluctuating prices of the raw materials used for the manufacture of such devices are acting as factors restraining the growth of the global inductors market.
Persistence Market Research
Rahul Singh
+1-646-568-7751
rahul@persistencemarketresearch.com
Source: EmailWire.Com 
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