The Race for Energy Efficiency: Power Inductor Market Set to Soar with Growing EV Adoption
The Global Power Inductor Market, valued at US$ 2.3 billion in 2023, is projected to reach US$ 4.5 billion by 2034, growing at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2034. The demand for power inductors is being propelled by a surge in applications across diverse sectors such as consumer electronics, electric vehicles (EVs), telecommunications, and renewable energy. As these...
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