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RF Chip Inductor Industry on the Rise: Estimated to Reach US$ 1.8 Billion by 2031 with Surging Wireless Device Demand, TMR Report

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Wilmington, Delaware, United States, Aug. 03, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global RF chip inductor market is projected to flourish at a CAGR of 8.1% from 2022 to 2031. As per the report published by TMR, a valuation of US$ 1.8 billion is anticipated for the market in 2031. As of 2023, the market for RF chip inductors is expected to close at US$ 0.9 billion.

The rapid expansion of wireless communication technologies, including 5G networks, Wi-Fi, Bluetooth, and other RF-enabled devices, is driving the need for RF chip inductors as these inductors play a crucial role in filtering and regulating RF signals, ensuring efficient and reliable wireless communication.

The proliferation of the Internet of Things (IoT) revolution has led to an increasing number of connected devices and sensors that require RF chip inductors for wireless communication and data transfer. With the increased IoT applications continuing to expand across various industries, the demand for RF chip inductors is also growing.

The rapid growth in the consumer electronics industry including smart home devices, wireless headphones, gaming consoles, and smart TVs, is driving the need for RF chip inductors. RF chip inductors are used in healthcare devices, industrial automation, and remote monitoring systems, supporting advancements in these sectors.

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Market Snapshot:

 Report Coverage  Details
 Market Revenue  US$ 878.9 Mn
 Estimated Value  US$ 1.8 Bn
 Growth Rate – CAGR  8.1%  
 Forecast Period  2023-2031
 No. of Pages  179 Pages
 Market Segmentation  By Type, Structure Type, Inductance Range, Application, End-use Industry
 Regions Covered  North America, Europe, Asia Pacific, Middle East & Africa, South America
 Companies Covered  AEM Components (USA), Inc., Coilcraft Inc., Coilmaster Electronics Co., Ltd., Johanson Technology Incorporated, KYOCERA AVX Components Corporation, Laird Technologies, Murata Manufacturing Co., Ltd, Samwha Capacitor Group, Viking Tech Corporation, Vishay Intertechnology, Inc., Würth Elektronik GmbH & Co. KG, Other Key Players

Key Takeaways from the Market Study

  • As of 2022, the RF chip inductor market was valued at US$ 0.8 billion
  • By type, the demand for ceramic RF chip inductors remains high during the forecast period
  • Based on the end-use industry, the consumer electronics segment accounts for the highest market share
  • Based on application, the infotainment system segment is expected to generate high revenue during the forecast period, due to the growing demand for automotive electronics

RF Chip Inductor: Key Trends and Opportunistic Frontiers

  • The growing demand for faster data transfer rates in communication systems and data centers requires RF chip inductors with high-quality factors (Q factors) and low losses to maintain signal integrity.
  • The increasing integration of wireless communication systems in automobiles for infotainment, telematics, and connectivity applications is boosting the demand for RF chip inductors in the automotive sector.
  • Ongoing research and development efforts by semiconductor manufacturers and electronic component suppliers are leading to the introduction of improved RF chip inductors with better performance and efficiency.

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RF Chip Inductor – Regional Analysis

  • North America held a significant share of the RF chip inductor market, driven by the strong presence of technology and telecommunications companies. The region’s early adoption of advanced wireless communication technologies, such as 5G, and the continuous development of IoT devices contributed to the demand for RF chip inductors.
  • The Asia-Pacific region remains a prominent market for RF chip inductors, driven by the rapid growth of the electronics industry, increasing smartphone adoption, and the proliferation of IoT devices.

Competitive Landscape

The global RF chip inductor market is highly consolidated with the presence of a few market players. The leading players in the market are investing in new product development, mergers, and acquisitions to gain a competitive edge. Transparency Market Research has profiled the following players in its global RF chip inductor market report:

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  • AEM Components (USA), Inc.
  • Coilcraft Inc.
  • Coilmaster Electronics Co., Ltd.
  • Johanson Technology Incorporated
  • KYOCERA AVX Components Corporation
  • Laird Technologies
  • Murata Manufacturing Co., Ltd
  • Samwha Capacitor Group
  • Viking Tech Corporation
  • Vishay Intertechnology, Inc.
  • Würth Elektronik GmbH & Co. KG
  • Other Key Players

Key Developments in the Global RF Chip Inductor Market

  • Murata is a prominent player in the RF chip inductor market and has been consistently introducing new products to meet the increasing demand for high-frequency applications. The company has focused on developing compact and high-performance RF chip inductors for smartphones, IoT devices, and 5G-enabled equipment.
  • Vishay Intertechnology, Inc. has been expanding its portfolio of RF chip inductors to cater to various frequency bands and applications. The company’s recent developments have focused on addressing the needs of 5G networks, automotive connectivity, and IoT devices.
  • In February 2022 – Gowanda Electronics, announces the introduction of its first ceramic core chip inductor series for power applications – SMP0603. This new power series is ideal for use in test & measurement, industrial control, and automotive sectors. These high-performance chip inductors can also be utilized in RF applications in commercial, medical, and military markets.

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RF Chip Inductor MarketKey Segments
Type

  • Ceramic
  • Ferrite

Structure Type

  • Film
  • Wire Wound
  • Multilayer
  • Air Core

Inductance Range

  • Up to 100 nH
  • 100 nH – 200 nH
  • 200 nH – 400 nH
  • 400 nH – 800 nH
  • 800 nH – 3.3 µH
  • Above 3.3 µH

Application

  • Infotainment Systems
  • Smartphones
  • Portable Electronics
  • Broadband
  • Computer Peripherals
  • RFIDs
  • RF Transceivers
  • Others (PCS Modules, Medical Imaging, etc.)

End-use Industry

  • Automotive and Transportation
  • Aerospace and Defense
  • Consumer Electronics
  • IT and Telecommunications
  • Industrial
  • Others (Healthcare, Energy and Utility, etc.)

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

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About Transparency Market Research

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
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Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
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Artificial Intelligence

Eye Level holds its 2024 Eye Level Math Olympiad for students to test out their math skills.

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SEOUL, South Korea, Oct. 17, 2024 /PRNewswire/ — Eye Level is hosting the 2024 Math Olympiad (ELMO 2024), inviting students from grades 1 to 8 worldwide to showcase their math skills. The competition will run from November 9 to December 1, following each country’s schedule across 15 countries.object

This Olympiad, part of the annual Eye Level Math Olympiad series established in 2004, offers students a valuable opportunity to assess and enhance their mathematical abilities. The test lasts approximately one hour and is designed to challenge students across various areas of math skills, covering most arithmetic and critical thinking domains. Questions are tailored to each grade level, allowing students to evaluate their skills objectively.All participants will receive a certificate of participation and a comprehensive analysis of their test results. Official results and winners will be announced in January 2025 on myeyelevel.com, with award ceremonies planned to be held locally for outstanding participants.
Registration is currently open on myeyelevel.com.
About Eye Level
Eye Level is an international provider of supplemental education services in Math and English with more than 2 million students having experienced its programs. Eye Level guides the students to learn at their own pace, and achieve their goals. With a growth-minded learning process, Eye Level helps students build good learning habits that become the foundation of great talent – setting them up for success in school and beyond. 
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Artificial Intelligence

n2 Group Advances HPC/AI Portfolio by Acquiring Managed Services Company X-ISS

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OXFORD, England, Oct. 17, 2024 /PRNewswire/ — n2 Group, the transformative computing technology investment company, announces the acquisition of high-performance computing (HPC) and AI specialists, X-ISS. The addition of X-ISS expands the Group’s portfolio– joining NAG, VSNi, BioTeam and STAC—as it accelerates advancements in technology and computation, underpinned by innovation, technical excellence, and a focus on long-term growth.

n2 Group invests selectively in technical computing companies with deep business impact in a variety of sectors, providing operational support and a collaborative approach to innovation and business transformation. The addition of X-ISS will further strengthen the Group’s already strong HPC/AI credentials, with NAG, STAC and BioTeam already adding to this space. 
X-ISS is a pioneer in Managed Services specifically designed for HPC/AI. With their in-depth understanding of hardware and software complexities within HPC and AI, they deliver highly impactful end-to-end services to clients through the integration, optimization and management of HPC/AI systems. The integration of X-ISS into n2 Group aligns with the Group vision of improving the accessibility, quality and robustness of computing solutions to enable greater productivity in industry. 
X-ISS will operate as an autonomous business within the n2 Group, maintaining its brand, identity and ethos. n2 Group’s status as an independent, member-backed organisation with no external financial stakeholders allows X-ISS to continue providing impartial advice based on the technology needs and challenges of its clients. Inter-group synergies will enable greater innovation and collaboration, advancing the Group’s position and long-term HPC/AI market impact. 
“X-ISS strengthens the n2 community in the strategically important area of HPC/AI”, said Adrian Scales, Snr Director of Investments and Partnerships at n2 Group. “As a respected boutique HPC service provider, X-ISS is helping clients navigate an increasingly complex landscape in terms of technologies and software integrations with AI and analytics. The acquisition strongly complements the Group’s existing HPC professional services capability, and we are delighted to have them on board.”
“This is an important milestone for X-ISS.”, said Deepak Khosla, CEO X-ISS, “The partnership with n2 Group will enable us to enhance our flagship ManagedHPC solution by leveraging n2’s complementary services and product developments, allowing us to deliver even greater value to our customers. As businesses face increasing challenges with complex technologies like AI and cloud computing, we’re now better equipped to support them with the same quality, passion, and partnership that defines X-ISS. I am excited about the opportunities this can bring for current and future X-ISS customers.”
About n2 Group  
At n2 Group we are transforming computing and technology investment with a radical new approach. Our businesses are all established, purpose-driven market-leaders in computing products or services. We stimulate long-term sustainable growth through group-level support in strategy, business development, innovation, and operations. With no shareholders or external financial interests, we reinvest all profits back into the group or to the community, reinforcing our commitment to positive social impact through technological advancements.    
n2 Group companies are at the forefront of computing and IT infrastructure, helping clients in various sectors to be more productive, innovative or reduce risk through advanced software and services. Rapidly expanding in high-performance computing, artificial intelligence, and scientific computing, our businesses maintain their unique brands and identities, but benefit from the expanded network available through the group.   
n2 Group Companies  
•  BioTeam: Scientific computing consultancy integrating technologies, data, and cultures to accelerate science. 
•  NAG: Advanced products and services in algorithms, optimization, high-performance computing and AI. 
•  STAC: Independent financial services technology research and community events. 
•  VSNi: Proven statistical solutions and data expertise driving innovation and success.  
•  X-ISS: Industry leading management and analytics solutions for HPC/AI systems.
For more detailed information and the latest updates, visit n2 Group. 
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Artificial Intelligence

TIE 2024 Unveils a New Era of Innovation

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A New Era of AI-powered Innovation and Industrial Revolution: Driving Integration of Smart Tech into Daily Life.
TAIPEI, Oct. 17, 2024 /PRNewswire/ — The 2024 Taiwan Innotech Expo (TIE) kicked off today at Taipei World Trade Center with a focus on “Smart Tech Island –The New Era of AI.” This year’s event showcases over a thousand advanced technologies and research achievements across six key areas: digital information, data security, precision health, defense, green and renewable energy, and civil and military resilience, heralding a new chapter in the technological evolution of industries.

Online and On-Site Exhibitions Offers Comprehensive Access to the Latest Innovations
TIE 2024 offers a seamless blend of virtual and physical experiences. Visitors can explore technologies, register for events, and plan their visit online before the expo opens. During the expo period, the event website provides essential tools such as e-meeting requests, product maps, and program registration. For those who were unable to attend in person, online attendees can view exhibits and access business negotiation records even after the expo is closed, fostering ongoing collaboration and opportunities. As a leading platform for technological innovation exchanges in Taiwan, TIE 2024 showcases the nation’s advancements in AI and smart technologies. This event is anticipated to drive industry transformation and opens new chapters in technological innovation.
Official Website: https://tie.twtm.com.tw/en

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