Investment Rating - The report does not explicitly state an investment rating for the magnetic components industry Core Insights - The magnetic components market has seen significant growth due to the rapid development of downstream sectors such as new energy vehicles and photovoltaics, with a market size increase from 62.26 billion RMB in 2019 to 93.51 billion RMB in 2023, representing a compound annual growth rate (CAGR) of 10.71% [36][37] - Future growth is expected to be driven by advancements in AI computing power and the 5G communication market, which are anticipated to become new growth points for the magnetic components industry [5][38][39] - The industry is evolving towards higher frequency, higher power, miniaturization, and energy-saving technologies, necessitating improvements in automated production processes [10][13] Industry Definition - Magnetic components are electronic components that convert electrical energy into magnetic energy and vice versa, primarily including inductors and transformers [6][8] Industry Classification - The magnetic components industry can be classified into inductors and electronic transformers based on their operational principles [7] Industry Characteristics - The magnetic components industry is characterized by its technology-intensive nature, requiring participants to enhance their automated production capabilities [10][12] - The industry is witnessing a shift towards high-frequency, high-power, miniaturized, and energy-efficient products [13] Development History - The magnetic components industry in China began to take shape in the 1960s, with significant advancements occurring in the 1990s and 2000s, leading to the establishment of large-scale enterprises and the standardization of products [14][16][17] Industry Chain Analysis - The upstream of the magnetic components industry includes raw materials such as enameled wire, magnetic materials, and electronic components, which account for over 70% of the production costs [19][23] - The midstream consists of the manufacturing of magnetic components, with a notable shift from OEM to ODM among Chinese manufacturers [20][27] - The downstream applications are diverse, including network communication, consumer electronics, automotive electronics, and renewable energy sectors [30][33] Market Size and Growth - The magnetic components market is projected to grow from 101.41 billion RMB in 2024 to 140.16 billion RMB in 2028, with a CAGR of 8.43% [36][38] Key Market Drivers - The rapid growth in demand from the new energy vehicle sector, with production and sales reaching 9.59 million units in 2023, is a significant driver for the magnetic components market [33][37] - The photovoltaic sector is also expanding, with a record 216.88 GW of new installations in 2023, further boosting the demand for magnetic components [34][37] Competitive Landscape - The competitive landscape of the magnetic components industry is characterized by a mix of large multinational corporations and numerous small to medium-sized enterprises, creating a dynamic market environment [45][46] - Leading companies include Murata, TDK, and domestic players like Sunlord and Keli, which are gaining market share through technological advancements and brand development [45][47][48]
企业竞争图谱：2024年磁性元件 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2025-01-15 11:53