How big is the Magnetics Market?

The Magnetics Market size is expected to reach USD 14.10 billion in 2024 and grow at a CAGR of 5.60% to reach USD 18.52 billion by 2029. Read More

What is the current Magnetics Market size?

In 2024, the Magnetics Market size is expected to reach USD 14.10 billion. Read More

Which is the fastest growing region in Magnetics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Magnetics Market?

In 2024, the Asia Pacific accounts for the largest market share in Magnetics Market. Read More

What years does this Magnetics Market cover, and what was the market size in 2023?

In 2023, the Magnetics Market size was estimated at USD 13.31 billion. The report covers the Magnetics Market historical market size for years: . The report also forecasts the Magnetics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Magnetics Market Size & Share Analysis - Industry Research Report

Magnetics Market Size & Share Analysis - Growth Trends & Forecasts (2024- 2029)

The Magnetics Market Report is Segmented by Type (Wire Wound Inductor, Multi-Layer Inductor, Thin Film Inductor Ferrite Cores and EMC Components, EMI Filters, RF/Power Transformers, Current Sense and Other Transformers), End-User Applications (Photovoltaics and Wind, EV/HEV, Industrial [Motors/UPS], Rail/Transportation, Consumer Electronics, and Other End-User Applications), Geography (China, Japan, United States, Taiwan, Southeast Asia, South Korea, Europe, Rest of the World). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Magnetics Industry Overview

The magnetics market is fragmented, comprising long-standing established players who have made significant investments in the product. The new players entering the market require high investments. The companies can sustain themselves through powerful competitive strategies, and key players are TDK Corporation, Yageo Corporation, Meritek Electronics Corporation, AVX Corporation (Kyocera Group), and Vishay Intertechnolo.

• In January 2024, TDK Corporations subsidiary TDK Ventures Inc. invested in Singaporean tech company Silicon Box for digital and energy transformation. It plans to accelerate the market for semiconductor packaging innovations through Silicon Box.

• In November 2023, The Bourns introduced an air coil inductor series with high self-resonant frequency, high Q, and tight inductance tolerance. The Model AC4842R Air Coil Inductor Series offers a low-loss, high-frequency solution that gives RF application designers a wider range of high-Q solution options.