Fixed Inductor Market: By Core Type (Air core, Ferrite core, Ceramic core, and Iron core), By Application (Analog circuit, Signal Processing, Ripple Processing, Radio Processing, and Others), By End User (Telecommunication, Industrial Electronics, Automotive, Military & Defense and Others), and Geography (North America, Europe, Asia Pacific, Latin America, and MEA) and Forecast to 2029

Fixed Inductor Market size was valued at USD 4.2 billion in 2022 and is expected to reach USD 7 billion in 2029, growing at a 7.4% CAGR from 2023 to 2029. The market is attributed to a growing market as demand for transformers is increasing worldwide. Innovations in telecommunication in industrial, automobile, military, and defense result in an increase in the use of inductors in many forms which is the key factor to drive the market. The fixed inductor of any core material is tended to be convenient to use as an inductor, they are the easy choices to use in any electrical appliance for steady inductance. The wide range of fixed inductors and capacitors used in the TV receiver and mobile networks is expected to increase revenue and create a new opportunity for transformers. An increase in the demand for TV subscriptions results from the huge demand for inductors as it was estimated USD 2 billion in revenue generated in the year 2022. 

Fixed Inductor Market Key Developments:
In April 2022, Taiyo Yuden launched “NRM6045 NR series” M type Power Inductors are AEC-Q200-compliant wire-wound inductors. The NRM6045 Power Inductors reduce design size by being housed in a compact 6.0mm by 6.0mm footprint with a low-profile height of 4.5mm and saturation currents up to 13.5A