QYResearch: Global Wire-Wound Surface Mount Inductor Market will reach 1161.59 M USD in the end of 2022
QYResearch
According to QYResearch, The global revenue of Wire-Wound Surface Mount Inductor was valued at $ 906.11 million in 2016, rising demand from down consumption and demand, and the global revenue of Wire-Wound Surface Mount Inductor is forecast to reach 1161.59 M USD by the end of 2022. China dominates the global demand market for Wire-Wound Surface Mount Inductor and APAC is anticipated to continue increase for a foreseeable future.
TDK accounted for 22.66% of the Global Wire-Wound Surface Mount Inductor sales market share in 2016. Other players accounted for 20.76%, 20.21% including Murata and Taiyo Yuden.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the global recovery trend is slightly, investors are still optimistic about this area; the future will still have more new investment enter the field.
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