Global Info Research‘s report is a detailed and comprehensive analysis for global Magnetic Components market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the Magnetic Components market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
According to our (Global Info Research) latest study, the global Magnetic Components market size was valued at US$ 19480 million in 2024 and is forecast to a readjusted size of USD 27770 million by 2031 with a CAGR of 5.0% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
As an indispensable basic component in electronic equipment, magnetic components play a vital role in ensuring their safe and stable operation. This type of component is based on Faraday’s law of electromagnetic induction. Through the combination of magnetic cores, windings, bases and other components, it realizes the bidirectional conversion of electrical energy and magnetic energy. It is a key branch in the field of electronic components. According to functional classification, it mainly covers two categories: electronic transformers and inductors: Electronic transformers are static electromagnetic devices that complete the conversion of electrical energy forms or cross-circuit transmission through the principle of electromagnetic induction. Typical functions include converting high-voltage input to low-voltage output to achieve power parameter adaptation. Inductors are energy storage components based on electromagnetic induction. Their core functions are signal screening, noise suppression, current stability and electromagnetic interference protection. They ensure circuit performance through the characteristics of electromagnetic energy storage and release. Together, they constitute the core basic modules for energy regulation and signal processing in modern electronic systems.
From the upstream point of view, the supply of raw materials for magnetic components is highly concentrated, and the core raw materials mainly include magnetic materials, enameled wires, insulating materials, etc. Globally, the market for magnetic materials (soft and hard magnetic) is mainly distributed in China, with an output of about 67% of the world. Relying on rare earth resources (accounting for 37% of global reserves) and low-cost advantages (production costs are 20%-30% lower than Japanese companies), China has become a supply center for key materials such as NdFeB permanent magnets (accounting for 90% of global output). Core suppliers include Beijing Zhong Ke San Huan High-tech, Hengdian Group DMEGC Magnetics Co., Ltd, LINGYI iTECH, Ningbo Yunsheng Co., Ltd, Advanced Technology and Materials Co., Ltd, etc. Japan and the United States account for about 17% of the share. Leading Japanese companies include Proterial and TDK, both of which still occupy a major position in the global high-end application field.
Magnetic component manufacturers are mainly distributed in Taiwan, China, and mainland China, and Japan. China (including Taiwan) accounts for more than 75% of the global production capacity due to its cost advantages. In recent years, with the rapid growth of new energy, mobile communications and other industries, the development of the magnetic component industry has been strongly promoted.
From the downstream perspective, magnetic components are the core carriers of energy conversion and signal processing, and their technical characteristics directly determine the performance boundaries of the terminal system. In different application scenarios, magnetic components achieve precise functional adaptation through differentiated design. For example, in the field of LED lighting, the main function of magnetic components is to convert 220V AC power into low-voltage DC power (such as 36-48V) required by lighting fixtures, and at the same time achieve current harmonic suppression through power factor correction (PFC) circuits. In photovoltaic power generation systems, magnetic components constitute the energy conversion hub of inverters and boost systems. In the inverter link, high-frequency transformers (operating frequency>20kHz) achieve harmonic suppression and soft switching control through LLC resonant circuit topology, and the conversion efficiency can reach more than 98.5%; in the boost grid-connected stage, the three-phase dry-type transformer boosts the 400V DC output of the string inverter to 800-1000V AC, which must meet the C40 weather resistance level and ±5% voltage accuracy requirements. In the field of new energy vehicles, its power system, ADAS, and LED lighting systems all require the use of a large number of magnetic components. At the same time, as the charging pile technology supporting new energy vehicles continues to mature and develop in the direction of high voltage, high-power fast charging, it has also brought about an increase in the use of magnetic devices.
This report is a detailed and comprehensive analysis for global Magnetic Components market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Market segment by Type: Electronic Transformers、 Inductors
Market segment by Application:Automotive & Charger、 Energy Storage、 Photovoltaic、 Communications、 Consumer Electronics、 Industrial Control、 Medical Equipment、 Aerospace、 Others
Major players covered: TDK、 Murata Manufacturing、 Delta Electronics、 YAGEO、 Taiyo Yuden、 Panasonic、 Vishay、 DARFON、 Coilcraft、 Shenzhen Sunlord Electronics、 Sumida、 Shenzhen Microgate Technology、 Bourns、 TAI-TECH Advanced Electronics、 MinebeaMitsumi、 SAGAMI ELEC、 INPAQ Technology、 Eaton、 Arlitech Electronic Corp、 Laird Technologies (DuPont)、 Trio Technology、 Qing Dao Yunlu Energy Technology、 Dongguan Mentech Optical & Magnetic、 Viking Tech Corporation、 Futuristic Technic Electronics、 KING CORE、 Shenzhen Click Technology Co., Ltd、 Shenzhen JingQuanHua Electronics、 Gloria Technology LLC、 Eaglerise、 Feng-Jui Technology、 Zhenhua Fu Electronics
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The overall report focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity. The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, Porter’s 5 Force’s Framework, macroeconomic analysis, value chain analysis and pricing analysis that directly shape the market at present and over the forecasted period. The drivers and restraints cover the internal factors of the market whereas opportunities and challenges are the external factors that are affecting the market. The market outlook section also gives an indication of the trends influencing new business development and investment opportunities.
The Primary Objectives in This Report determine the size of the total market opportunity of global and key countries,assess the growth potential for Magnetic Components and competitive factors affecting the marketplace,forecast future growth in each product and end-use market. Also,this report profiles key players in the global Magnetic Components market based on the following parameters – company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments.
Magnetic Components market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by region, regional analysis covers North America (United States, Canada, and Mexico),Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The report provides insights regarding the lucrative opportunities in the Magnetic Components Market at the country level. The report also includes a precise cost, segments, trends, region, and commercial development of the major key players globally for the projected period.
The Magnetic Components Market report comprehensively examines market structure and competitive dynamics. Researching the Magnetic Components market entails a structured approach beginning with clearly defined objectives and a comprehensive literature review to understand the current landscape. Methodologies involve a mix of primary research through interviews, surveys, and secondary research from industry reports and databases. Sampling strategies ensure representation, while data analysis utilizes statistical and analytical techniques to identify trends, market sizing, and competitive landscapes. Key areas of focus include trend analysis, risk assessment, and forecasting. Findings are synthesized into a detailed report, validated through peer review or expert consultation, and disseminated to stakeholders, with ongoing monitoring to stay abreast of developments.
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