According to TechSci Research, Saudi Arabia inductor market is expected to grow at a steady CAGR during the forecast period. The rise in the demand for consumer electronics and the growing per capita income of middle-class families is increasing consumers’ expenditure capacity, which is considered the major driving factor for the growth of the inductor market in the forecast period. The growing adoption of electric vehicles due to the surge in awareness regarding the harmful emissions into the environment is expected to support the growth of the Saudi Arabia inductor market. The surge in the government initiatives to boost other industries growth to diversify the income sources and reduce the dependency on the oil industry as the oil industry is considered the major income-generating industry in Saudi Arabia is expected to foster the demand for semiconductor-related industries, which in turn is influencing the inductor market growth. Ongoing initiatives such as Neom city, National Transformation Program, and the Saudi Vision 2030 are expected to surge the inductor market growth significantly. Neom city is planned to be a smart city and incorporate the latest technologies and equipment. The internet of things infrastructure is expected to be deployed in the city for advancement. IoT technology is required in the smart city to handle smart transport, smart healthcare, smart water supply, and waste management. The growing need for advanced technologies and infrastructure requiring semiconductors in connected devices is expected to accelerate the inductor market growth.
Saudi Arabia inductor market is segmented by inductance, core type, shield type, mounting technique, application, end-user, regional distribution, and company. Based on core type, the market can be divided into air, ferrite, and iron. The ferrite core type segment is expected to witness significant growth in the forecast period, 2023-2027. It is used to increase the inductance and finds application in manufacturing hard disks, notebook computers, noise filters, CD-ROM, modems, printers, and other consumer electronics. Due to the use of inductors in many applications, the demand for ferrite inductors is expected to rise.
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The major players operating in the inductor market are Kemlite Piping Solution, TDK-Lambda EMEA, Panasonic Middle East, AVX Corporation, Delta Electronics, Pulse Electronics, Abracon Corporation, Murata Manufacturing, Avnet, Alfanar, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze and estimate the market size of Saudi Arabia Inductor market from 2017 to 2020.
- To estimate and forecast the market size of Saudi Arabia Inductor market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Saudi Arabia Inductor market based on inductance, core type, shield type, mounting technique, application, end user, regional distribution, and company.
- To identify dominant region or segment in the Saudi Arabia Inductor market.
- To identify drivers and challenges for Saudi Arabia Inductor market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Inductor market.
- To identify and analyze the profile of leading players operating in Saudi Arabia Inductor market.
- To identify key sustainable strategies adopted by market players in Saudi Arabia Inductor market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of Saudi Arabia Inductor market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Inductor manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to Inductor market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Inductance
· Core Type · Shield Type · Mounting Technique · Application · End User |
| Regional scope | Western Region, Northern and Central Region, Eastern Region, Southern Region |
| Key companies profiled | Kemlite Piping Solution, TDK-Lambda EMEA, Panasonic Middle East, AVX Corporation, Delta Electronics, Pulse Electronics, Abracon Corporation, Murata Manufacturing, Avnet, Alfanar. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Saudi Arabia Inductor market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Saudi Arabia Inductor Market, By Inductance:
- Fixed
- Variable
- Saudi Arabia Inductor Market, By Core Type:
- Air
- Ferrite
- Iron
- Saudi Arabia Inductor Market, By Shield Type:
- Shielded
- Unshielded
- Saudi Arabia Inductor Market, By Mounting Technique:
- Surface Mount
- Through Hole
- Saudi Arabia Inductor Market, By Application:
- General Circuits
- Power Applications
- High-Frequency Applications
- Saudi Arabia Inductor Market, By End User:
- Automotive
- Industrial
- Telecom
- Military & Defense
- Healthcare
- Others
- Saudi Arabia Inductor Market, By Region:
- Western Region
- Northern & Central Region
- Eastern Region
- Southern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Inductor market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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