The global Magnetic Components market size is predicted to grow from US$ 19720 million in 2025 to US$ 26870 million in 2031; it is expected to grow at a CAGR of 5.3% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

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 Faradays 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.

Infinity Market Research newest research report, the Magnetic Components Industry Forecast looks at past sales and reviews total world Magnetic Components sales in 2024, providing a comprehensive analysis by region and market sector of projected Magnetic Components sales for 2025 through 2031. With Magnetic Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Components industry.

This Insight Report provides a comprehensive analysis of the global Magnetic Components landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Magnetic Components market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Components and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Components.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Components market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Electronic Transformers
    Inductors

Segmentation by Application:

    Automotive & Charger
    Energy Storage
    Photovoltaic
    Communications
    Consumer Electronics
    Industrial Control
    Medical Equipment
    Aerospace
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnetic Components market?
What factors are driving Magnetic Components market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Components market opportunities vary by end market size?
How does Magnetic Components break out by Type, by Application?