According to the research report titled ‘Global RF Inductors Market Size study, by Type (Wire Wound Type, Film Type, Multilayer Type) and by Application (Mobile Phone, Consumer Electronics, Automotive, Communication Systems, Others) and Regional Forecasts 2020-2027, available with Market Study Report, global RF inductors market is set to record a robust compound annual growth rate during 2020-2027.
 

Increasing deployment of smart grid networks, widespread adoption of mobile phones, and growing demand for consumer electronics are the key factors driving the growth of global RF inductors market For those uninitiated, RF inductors are basically high-frequency circuits which are integrated with advanced circuit bands ranging from 10 MHz to several GHz.
 

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According to Statista, consumer electronics market in China had generated revenues worth USD 128 billion in 2019 and is predicted to account for USD 181 by the year 2023. These trends are likely to positively impact global RF inductors industry dynamics in the upcoming years.
 

These inductors usually require a robust quality factor and have a non-magnetic core-like structure which allows it to be used in several applications such as phones, wireless, and LAN, thereby stimulating the overall industry outlook.
 

Technological advancements in telecommunications sector and collective inclination towards integrating RF inductors with chips are fueling the market size. Rising adoption of passive electronics and surging disposable income are also facilitating the overall business outlook.
 

From the regional point of view, Asia-Pacific currently accounts for the largest market share and is set to record consistent growth throughout the study duration, owing to increasing production and sales of consumer electronics, rising per capita income, and growing population.
 

The competitive landscape of global RF inductors market is defined by companies such as Würth Elektronik Group, Token, Laird plc, Vishay Intertechnology Inc., AVX Corporation, Coilcraft Inc., Chilisin Electronics Corp., Delta Electronics Inc., Shenzhen Sunlord Electronics Co. Ltd., and Taiyo Yuden Co., Ltd. among others.