Inductors, Beads and Cores: World Markets, Technologies & Opportunities: A Study of The Market for Discrete Inductors, Ferrite Beads and

Inductors, Beads and Cores: World Markets, Technologies & Opportunities: 2018-2023 A Study of The Market for Discrete Inductors, Ferrite Beads and Bead Arrays and Ferrite Cores

Inductors, Beads and Cores: World Markets, Technologies & Opportunities: 2018-2023 A Study of The Market for Discrete Inductors, Ferrite Beads and Bead Arrays and Ferrite Cores Published April 2018 Price: $3750.00 USD Pages: 306 Tables & Graphs: 99 ISBN #:1-893211-99-1 -2018 (2018 Fiscal Year Ending March 31, FINAL Report with Fiscal Year Ending March 2018 Forecasts and 2023 Forecasts) Paumanok Publications, Inc. 2018 1

Copyright 2018 Paumanok Publications, Inc. Published by: Paumanok Publications, Inc. Publication Date: April 2018 Paumanok Publications, Inc. 502 Ballad Creek Court Cary NC, 27519 USA www.paumanokgroup.com Customer Service: (919) 468-0384 Email: Info@paumanokgroup.com It is our mission to empower manufacturers, distributors, OEM, EMS, financial institutions and governments with unbiased market research to protect their assets, build their wealth and prosper in good times and bad. 2

TABLE OF CONTENTS: INDUCTORS, BEADS AND CORES: WORLD MARKETS, TECHNOLOGIES AND OPPORTUNITIES: FY 2018-2023... 24 1.0 BACKGROUND OF REPORT AND RESEARCH METHODOLOGY: 2018... 24... 24 1.1 About the Author:... 24 1.2 Research Methodology Employed:... 24 1.3 The Paumanok Research Methodology:... 25 1.3.1 Government Data Collection and Resources:... 26 1.3.2 Secondary Published Sources:... 26 1.3.3 Primary Intelligence Gathering:... 26 1.4 The Passive Component Supply Chain:... 27 1.4.1 Mining of Raw Materials:... 27 1.4.2 Raw Materials Processing:... 28 1.4.3 Component Manufacturing:... 28 1.4.4 Component Distribution:... 28 1.4.5 End-Market Consumption:... 29 1.4.6 Recycling of Critical Materials:... 29 1.5 Technical Economic Maxims Related To Passive Electronic Components:... 30 1.5.1 The Two Technical Economic Maxims Associated with Passive Components:... 30 1.5.2 Ubiquitous Nature of Passive Components:... 31 1.5.3 Relationship Between Inductance and Available Surface Area:... 31 1.60 FINANCIAL CONSIDERATIONS WITH RESPECT TO THIS REPORT:... 31 1.61 Fiscal Year Reporting... 31 1.62 Currency Translation... 31 1.63 Yen Valuation To The US Dollar: Trend and Directions For The March and June 2018 Quarters:... 33 1.6.4 Volume, Value and Pricing Data:... 33 1.71 Positive Market Indicators:... 35 3

1.72 Overall Outlook To 2023:... 35 1.73 Changing View on Passive Component Unit Sales to 2023:... 35 2.0 TECHNOLOGY OVERVIEW: 2018... 36 2.1 INTRODUCTION TO INDUCTORS, BEADS AND CORES:... 36 2.1.1 Variations in Coil Technology:... 37 2.1.1 (A) Coil Diameter:... 37 2.1.1 (B) Wire Turns:... 37 2.1.1 (C ) Core Materials:... 37 2.1.2 Inductor Applications in Digital Electronics:... 37 2.1.2 (A) Signal Control:... 38 2.1.2 (B) Noise Control and Elimination (LC Filter):... 38 2.1.2 (C ) Energy Storage and Voltage Stabilization:... 38 2.1.3 The Different Types of Inductors:... 39 2.1.3 (A) Wirewound Coils:... 39 2.1.3 (B) Multilayered and Thin Film Deposited Coils:... 39 2.1.4 Key Inductor Materials... 39 2.1.4 (A) Metal Powder (Ferrites)... 39 2.1.4 (B) Metal Wire (Base Metals)... 39 2.1.4 (C ) Ceramic Dielectric Materials:... 40 2.1.4 (D) Emerging Materials Markets for Inductors... 40 2.1.5 The Movement in Inductor Materials Technology... 40 2.1.5 (A) Multilayered Ferrite Coil (Beads)... 40 2.1.5 (B) Multilayered Ceramic Chip Inductor... 40 2.1.5 (C ) Thin Film Chip Inductors... 41 3.0 SCOPE OF MARKET COVERAGE: FY 2018... 41 3.1 INTRODUCTION TO INDUCTOR, BEAD AND CORE MARKETS: FY 2018... 41 3.1.1 Discrete Inductors As a Subset of The Passive Electronic Components Market: FY 2018... 42 3.1.1 (A) The Core Passive Components: Capacitors, Resistors and Inductors... 42 3.1.2 Discrete Inductors As a Subset of The Global Magnetic Components Market: FY 2018... 42 3.1.2 (A) The Fragmented Magnetics Markets:... 42 3.2 (A) Large Addressable Market Opportunity In Sub-Sets of The Magnetic Components Business... 43 3.2 (A1) Transformer Markets: FY 2018:... 43 3.2 (A2) Inductor (Coils) Markets: FY 2018:... 43 3.2 (A3) EMC Component Markets (Ferrite Beads and Bead Arrays): FY 2018:... 43 3.2 (A4) EMI Filter & Choke Markets: FY 2018... 44 3.1.3 Description of the Global Magnetics Industry and Scope of Report Coverage: FY 2018... 47 4

3.1.3 (A) Inductor (Coils) Markets: FY 2018:... 47 3.1.3 (B) EMC Component Markets (Ferrite Beads and Bead Arrays): FY 2018:... 47 3.1.3 (C ) Ferrite Core Markets: FY 2018:... 47 3.1.3 (D) EMI Filter & Choke Markets: FY 2018:... 48 3.1.3 (E) Transformer Markets: FY 2018:... 48 3.1.3 (F) Suppression Sheets and Other Markets: FY 2018:... 48 3.2 COMPETITIVE ENVIRONMENT BY INDUCTOR, EMC AND CORE PRODUCT TYPE: FY 2018... 50 3.2.1 Horizontal Wirewound Chip Inductor:... 50 3.2.2 Wirewound Chip Coil Inductors:... 50 3.2.3 Ferrite Beads and Bead Arrays:... 50 3.2.4 Multilayered Chip Inductors:... 50 3.2.5 Axial and Radial Leaded Inductors:... 50 3.2.6 Ferrite Cores (E Cores, Pot Cores and Other Cores):... 51 3.2.7 Thin Film Inductor Chips:... 51 3.3 Discrete Inductors: Types, Construction, Product Markets and Case Sizes: FY 2018... 53 4.0 INDUCTORS, BEADS AND CORES: WORLD MARKETS: FY 2018... 54 4.1 Worldwide Discrete Inductor Market Growth: Changes in Value, Volume and Unit Pricing: FY 2018:... 54 year-over-year as the global concept of connectivity fueled demand for ceramic and metal inductors.... 54 4.1.1 Global Value of Consumption For Inductors, Beads and Cores: FY 2018... 54 4.1.1 (A) Historical Development of The Value of Global Consumption for Inductors, Beads and Cores: 2007-2018... 55 4.1.2 Global Volume of Consumption For Inductors, Beads and Cores: FY 2018... 57 (In Billions of Pieces)... 57 4.1.3 Global Pricing of Discrete Inductors: FY 2018 and Historical Pricing Development... 58 4.1.4 Inductors, Beads and Cores: World Markets by Type: FY 2018... 60 4.1.4. (A1) Surface Mount Inductors: World Markets: FY 2018... 60 4.1.4 (A1A) Surface Mount Inductors: (Ferrite Beads, Bead Arrays, Chip Coils, and Molded Case Wirewound Chip Inductors): FY 2018... 60 4.1.4 (B) Throughole Axial and Radial Leaded Inductors: World Markets: FY 2018... 61 4.1.4 ( C) Ferrite Core Markets: FY 2018... 62 4.1.4 (A-1) Surface Mount Inductor Market Breakdown: FY 2018... 64 4.1.4 (B) Chip Coils: Multilayered Chip Inductors: World Markets: FY 2018... 66 4.1.4 (C ) Molded Case Wirewound Chip Inductors: World Markets: FY 2018... 67 4.1.4 (D) SMD Wirewound Coils: World Markets: FY 2018... 69 4.1.4 (E) Axial Leaded Inductors: Global Markets: FY 2018... 70 4.1.4 (F) Radial Leaded Inductors: World Markets: FY 2018... 71 4.1.4 (F) Ferrite Cores: World Markets: FY 2018... 71 4.1.4 (F1) Wirewound Technology Ferrite Rods (Powder):... 71 4.1.4 (F2) Pressed Shape Technology Powdered Ferrite:... 71 4.1.4 (G) Inductor, Bead and Core Demand By Type and Configuration: FY 2018 Summary... 73 5

4.2 INDUCTOR, BEAD AND CORE MARKETS BY END-USE PRODUCT MARKET: FY 2018... 76 4.2.1 Value of Consumption for Inductors, Beads and Cores by Key End-Product Market: FY 2018... 76 4.2.1 (A) Wireless Handset Markets For Inductors, Beads and Cores: FY 2018... 76 4.2.1 (B) Industrial and Infrastructure Markets For Inductors, Beads and Cores: FY 2018... 77 4.2.1 (C ) Computer Markets For Inductors, Beads and Cores: FY 2018... 77 4.2.1 (D) Consumer AV Markets For Inductors, Beads and Cores: FY 2018... 77 4.2.1 (E) Other Consumer and Professional Electronics For Inductors, Beads and Cores: FY 2018... 78 4.2.1 (F) Automotive Market Segment For Inductors, Beads and Cores: FY 2018... 78 4.2.1 (G) Specialty & Defense Market Segment For Inductors, Beads and Cores: FY 2018... 78 4.2.2 (A) Discrete Inductors: ASP BY End-Use Market Segment: FY 2018... 82 4.2.2 (B) Average Inductor Content by Key Product: FY 2018... 83 4.2.2 (A) Inductor and Bead Content In A Wireless Handset By Type and Circuit Application: FY 2018:... 84 4.2.2 (B) Inductor, Bead and Core Content In A Notebook Computer By Type and Circuit Application: FY 2018:... 85 4.2.2 (C ) Inductor and Bead Content In A LCD/PDP TV By Type and Circuit Application: FY 2018... 87 Inductor, Bead and Core Content In an Automobile By Type and Circuit Application (Car Body and Drive Control, Under The Hood Electronics, Safety & Convenience, Car Navigation and Hybrid Electric Drive): FY 2018... 88 4.2.2 (D) Inductor, Bead and Core Content In Large Home Appliances and Lighting Ballasts By Type and Circuit Application: FY 2018... 90 4.2.2 (E) Military Specifications for Inductors: FY 2018... 90 4.2.2 (E1) MIL-PRF-27F/ MIL-PRF-27G... 90 4.2.2 (E2) MIL-PRF-15305E... 91 4.2.2 (E3) MIL-PRF-83446C... 91 4.2.2 (E4) MIL-PRF-39010E... 91 4.2.2 (E5) MIL-STD-981C... 91 4.2.3 Inductor, Bead and Core Sales Volumes and Pricing By End-Use Product Market: FY 2018... 92 4.2.3 (A) Inductor and Bead Consumption Volume and Pricing in Wireless Handsets: FY 2018... 92 4.2.3 (B) Inductor, Bead and Core Consumption Volume and Pricing in Computers: FY 2018... 92 4.2.3 (C) Inductor, Bead and Core Consumption Volume and Pricing in Television Sets: FY 2018... 92 4.2.3 (D ) Inductor, Bead and Core Consumption Volume and Pricing in Automobiles: FY 2018... 92 4.2.3 (D) Inductor, Bead and Core Consumption Volume and Pricing in Other Telecom Infrastructure, Power and Industrial Applications: FY 2018... 92 4.2.3 (E) Inductor, Bead and Core Consumption Volume and Pricing in Defense and Specialty End-Markets: FY 2018... 93 4.2.4 Inductor, Bead and Core Sales By World Region: FY 2018... 94 4.2.4 (A) China and SE Asia: FY 2018... 94 4.2.4 (B) Japan: FY 2018... 94 4.2.4 (C ) Europe: FY 2018:... 95 4.2.4 (D) Americas: FY 2018:... 95 5.0 COMPETITIVE ENVIRONMENT: FY 2018... 97 5.1 KEY FINANCIAL INDICATORS: FY 2018... 97 5.1.1 Sumida Annualized Revenues: 2005-2018... 97 6

5.1.2 Annual Revenues For Taiyo Yuden s Ferrite and AP Group: 2009-2018 Forecasts... 99 5.1.3 Annual Revenues for TDK s Inductor Group: FY 2016-2018... 100 Revenues in TDK s Inductor Group were flat in FY 2018 because of the heavy sales channel into handsets which slowed.... 100 5.1.5 Vishay Annual Resistor & Inductors Group Revenues: 2009-2017; 2018 Forecasts... 101 5.1.6 Chilisin Electronics Corp. Annual Revenues: 2013-2018; 2017 Forecasts... 102 5.1.7 Mag-Layers: Revenues: 2014-2018... 103 5.1.8 Shenzhen Sunlord: Revenue Growth: CY 2014-2018... 104 5.1.9 ABC Taiwan: Financial Review and Four Year Revenue Trend:... 105 5.1.10 Inductor, Bead and Core Vendors: Collective Revenue Trend and Analysis:... 106 5.1.11 TOKO Merges With Murata... 106 5.1.12 Chilisin Buys Ferroxcube... 106 5.2 Inductor, Bead and Core Market Shares: FY 2018... 106 5.2.1 Inductor, Bead and Core Vendors: Global Sales & Market Shares: FY 2018... 106 5.2.1 (A) TDK (EPCOS) Market Share Data: FY 2018 Market Share Data... 110 5.2.1 (B) Murata Manufacturing Company Limited (TOKO Merger): FY 2018 Market Share Data... 110 5.2.1 (C ) Taiyo Yuden: FY 2018 Market Share Data... 110 5.2.1 (D ) Sumida: FY 2018 Market Share Data... 110 5.2.1 (E) Shenzhen Sunlord: FY 2018 Market Share Data... 110 5.2.1 (F) Chilisin Market Share Data: FY 2018... 110 5.2.1 (G) Panasonic Market Share Data: FY 2018... 110 5.2.1 (H) Mag-Layers Market Share Data: FY 2018... 111 5.2.1 (I) Coilcraft Market Share Data: FY 2018... 111 5.2.1 (J) Wurth Market Share Data: FY 2018... 111 5.2.1 (K) Vishay Market Share Data: FY 2018... 111 5.2.1 (L) Other Market Share Data: FY 2018... 111 5.3.Competitive Environment in Inductors, Beads and Ferrite Cores By End-Use Market Segment: FY 2018... 111 5.3.1 Inductor Vendors to the Wireless Handset End-Use Market Segment: FY 2018... 113 5.3.2 Inductor Vendors to the Telecommunications Infrastructure End-Use Market Segment: FY 2018... 113 5.3.3 Inductor Vendors to the Computer End-Use Market Segment: FY 2018... 113 5.3.4 Inductor Vendors to the The Consumer Audio and Video Imaging Market Segment: FY 2018... 113 5.3.5 Inductor Vendors to the The Automotive End-Use Market Segment: FY 2018... 114 5.3.6 Inductor Vendors to the Industrial, Power and Lighting End-Use Market Segment: FY 2018... 114 5.3.7 Inductor Vendors to the Aerospace, Defense and Specialty End-Use Market Segments: FY 2018... 114 6.0 FORECASTS: 2018-2023... 115 6.1 Discrete Inductor Lead Time Trends: FY 2013-2018... 115 6.1 (A) Paumanok Lead Time Analysis for All Discrete Inductors Combined (Aggregated): 2013-2018... 115 6.1 FORECASTS: Global Inductor, Bead and Core Market Forecasts: FY 2018-2023... 118 Global Value Of Shipments For Discrete Inductors By Type: FY 2018-2023... 118 7

6.1.1 Surface Mount Inductors: World Market Outlook: FY 2018-2023... 120 6.1.2 Throughole Inductors: World Market Outlook: FY 2018-2023... 120 6.1.3 Ferrite Cores: World Market Outlook: 2018-2023... 120 6.1.4 Global Volume Of Shipments By Inductor Type: 2003-2017; 2018-2023F... 121 6.1.5 Surface Mount Inductors: Unit Shipments: FY 2018-FY 2023... 122 6.1.6 Axial, Radial and Bobbin Inductors: FY 2018-FY 2023... 123 6.1.7 Ferrite Core Markets: 2003-2018; 2017-2023F... 123 6.1.8 Global Average Unit Pricing For Inductors By Type: 2003-2017; 2018-2023F... 125 6.1.9 Market Forecasts For Inductors, Beads and Cores By End-Use Market Segment: FY 2018-2023... 126 Discrete Inductor Markets By End-Use Segment: FY 2018... 127 6.1.10 Market Forecasts for Key End Use Products Consuming Components: FY 2018-2023... 127 6.3 Forecasts: Global Value of Consumption Forecasts For Inductors, Beads and Cores By End-Use Product Market: 2018-2023... 129 6.3.1 Forecasts: Global Volume of Consumption Forecasts For Inductors, Beads and Cores By End-Use Product Market: 2018-2023... 129 6.3.2 Forecasts: Global Average Unit Pricing Forecasts For Inductors, Beads and Cores By End-Use Product Market: 2018-2023... 130 6.3.2 (A) Wireless Handsets: Value, Volume and Pricing Forecasts For Inductor and Bead Consumption in Smartphones and Legacy Phones: FY 2018 to 2023... 130 6.3.2 (B) Computers: Value, Volume and Pricing Forecasts For Inductor, Bead and Core Consumption in Tablets, NoteBooks, Desktops and Servers: FY 2018 to 2023... 130 6.3.2 (C ) Automobiles: Value, Volume and Pricing Forecasts For Inductor, Bead and Core Consumption in Class 3 to 7 Sedans and Trucks: FY 2018 to 2023:... 131 6.3.2 (D) Value, Volume and Pricing Forecasts For Inductor, Bead and Core Consumption in Telecom Infrastructure, Power Supplies, and Industrial Electronics: FY 2018 to 2023:... 131 6.3.2 (E) Specialty End-Markets: Value, Volume and Pricing Forecasts For Inductor, Bead and Core Consumption in Defense, Areospace, Medical, and Downhole Pump Markets: FY 2018 to 2023:... 131 6.4 Forecasts: Global Value, Volume and Pricing For Inductors, Beads and Cores By Type and Configuration: FY 2018-2023... 132 6.4.1 (A) Ferrite Beads: Global Value, Volume and Pricing Forecasts to 2023:... 132 6.4.1 (B) Ferrite Bead Arrays: Global Value, Volume and Pricing Forecasts to 2023:... 132 6.4.1 (C ) Multilayered Chip Coils: Global Value, Volume and Pricing Forecasts to 2023:... 132 6.4.1 (D) Molded Case Wirewound Chip Inductors: Global Value, Volume and Pricing Forecasts to 2023:... 132 6.4.1 (E) SMD Wirewound Coils: Global Value, Volume and Pricing Forecasts to 2023:... 133 6.4.1 (F) Axial Leaded Wirewound Inductors: Global Value, Volume and Pricing Forecasts to 2023:... 133 6.4.1 (G) Radial Leaded Wirewound Inductors: Global Value, Volume and Pricing Forecasts to 2023:... 133 6.4.1 (H) Ferrite Cores: Global Value, Volume and Pricing Forecasts to 2023:... 133 6.5 Forecasted Changes In Inductor, Bead and Core Consumption By World Region: FY 2018- FY 2023... 135 6.5.1 (A) China and SE Asia Forecasts: FY 2018-2023:... 135 6.5.1 (B) Japan: Forecasts: FY 2018-2023:... 135 6.5.1 (C ) Europe: Forecasts: FY 2018-2023:... 135 6.5.1 (D) Americas: Forecasts: FY 2018-2023:... 135 6.6 KEY GROWTH MARKETS IN INDUCTORS: FY 2018-2023:... 136 6.6.1 Thin Film Ceramic Inductors:... 136 6.6.2 Next Generation 008004 Case Size Market Outlook: FY 2018... 137 6.6.2 (A) Movement In Inductive Technology Platforms in FY 2018... 137 6.6.2 (B) Leading The Technology in Ultra-small Case Sizes Range: The 008004:... 137 6.6.2 (C ) Competition in Thick and Thin Film Ceramic Chip Inductors in the 01005 Case Size:... 138 8

6.6.2 (D ) Competition in Thick and Thin Film Ceramic Chip Inductors in the O2O1 Case Size:... 138 6.6.2 (E ) Competition in Thick and Thin Film Ceramic Chip Inductors in the O4O2 Case Size:... 138 6.6.2 (F ) Competition in Thick and Thin Film Ceramic Chip Inductors in the O6O3 Case Size:... 139 6.6.2 (G ) Competition in Thick and Thin Film Ceramic Chip Inductors in the O8O5 Case Size:... 139 6.6.3 (The Fast Growth Low Profile Market FY 2018... 141 6.6.3 (A) Low Profile MLCI and Thin Film Chip Inductors: 2018 By Case Size (In mm):... 141 6.6.3 (B) Technology Leadership in the 08004 and 01005 Low Profile Chip Inductors: FY 2018:... 141 6.6.3 ( C ) Competitors By Case Size and Inductor Thickness (Thin and Thick Film): FY 2018:... 141 6.6.3 (D) Technology Leadership in Low Profile Ceramic Chip Inductors: FY 2018:... 141 6.6.4 High Frequency Opportunities for Inductors to 2023:... 143 6.6.4 (A) Ultra-Hi-Q Market Drivers (1 to 2.9 GHz): FY 2017-2023:... 145 6.6.4 (B) Super Hi-Q Market Drivers (3.1 to 30 GHz): FY 2017-2023... 146 6.6.4 (C ) 30 to 300 GHz Range- Extremely High Frequency:... 147 6.6.4 (D) Emerging Markets in The Decimeter Band for Ceramic Inductors: FY 2018-2023:... 148 6.6.4 (E) Emerging Markets in The Centimeter Band for Ceramic Inductors: FY 2018-2023:... 148 6.6.4 (F) Emerging Markets in The Millimeter Wave Band for Ceramic Inductors: FY 2018-2023:... 148 6.6.4 (G) Future Markets In THz Frequencies:... 149 6.7 FORECASTING RETURN ON INVESTMENT IN MAGNETICS: FY 2018-2023... 150 6.7.1 Identifying the Key End-Markets for Discrete Inductors: FY 2018-2023... 150 6.7.1 (A) Wireless Handsets: Market Outlook For Inductors: FY 2018-2023... 150 6.7.1 (B) Why Growth In Handsets Means Growth in Discrete Inductors: FY 2018-2023... 154 6.7.1 (C ) Worldwide Unit Growth Forecasts: Legacy Versus Smartphone: FY 2018-2023... 154 6.7.1 (D) Average Inductor Content: Legacy Versus Smartphone: FY 2018-2023... 155 6.7.1 (E) Inductors for Handsets: Unit Demand Forecasts: FY 2018-2023... 157 6.7.1 (F) Global Handset Revenues: FY 2018... 158 6.7.1 (G) Vendors Supplying Discrete Inductors for Wireless Handsets: FY 2018 Sales and Market Shares... 159 6.7.2 AUTOMOBILE AND TRANSPORT OUTLOOK FOR INDUCTORS: FY 2018-2023... 160 6.7.2 (A) Change to EV and What This Means-... 160 6.7.2 (B) Vendors of Automotive Grade Discrete Inductors: FY 2018... 162 6.7.2 (C ) Market Shares In Discrete Inductor Supply To The Global Automotive Industry: FY 2018... 162 6.7.2 (D) Automotive Connectivity Markets and Key Players... 164 6.7.2 (D1) Vehicle-to-Vehicle / Infrastructure ( V2X ) Technology-V2X Technology Overview... 164 6.7.2 (D2) Applications of Vehicle-to-Vehicle / Infra; structure ( V2X ) Technology... 164 6.7.2 (E) Top Vendors of Automotive Telematics and Connectivity Electronics: FY 2018... 164 6.7.2 (F) Heads Up Displays In Auto: Key Technologies and Expected Growth Rates By Technology To 2020... 165 6.7.2 (F1) C-HUD Technology Platform and Expected Growth... 167 6.7.2 (F2) W-HUD Technology Platform and Expected Growth... 167 6.7.2 (F3) Augmented Reality HUD Technology Platform and Expected Growth... 167 9

6.7.2 (F4) Automotive HUD Manufacturers and Market Shares: FY 2018 (INDUCTOR CUSTOMERS)... 167 6.7.2 (F5) Automotive Telematics Markets:... 169 6.7.2 (F6) Automotive Telematics Market Growth By Technology Platform:... 169 6.7.2 (G) WG Telematics Technology Growth to 2020:... 171 6.7.2 (G1) TCU Telematics Technology Growth to 2020:... 171 6.7.2 (G2) ecall Technology Growth to 2020... 171 6.7.2 (G3) ERA-GLONASS Adoption:... 171 6.7.2 (G3) Advanced Driver Assistance Systems ( ADAS ) and HMI... 172 6.7.2 (G4) Next-Gen Human Machine Interface... 172 6.7.2 (G5) Technology Roadmap for ADAS and Autonomous Driving... 172 6.7.2 (G6) Movement to Autonomous Driving... 172 6.7.3 COMPUTER MARKET OUTLOOK FOR DISCRETE INDUCTORS: FY 2018 TO FY 2023... 173 6.7.3 (A) Computer Business As A Percentage of Overall Revenues for Component Vendors in FY 2018... 173 6.7.3 (B) Computer Business Experiences Price Increases in FY 2018... 173 6.7.3 Impact of Declining Unit Sales for Computer Hardware:... 173 6.7.4 INDUSTRIAL AND POWER MARKETS FOR DISCRETE INDUCTORS: FY 2018 TO FY 2023 OUTLOOK... 175 6.7.4 (A) Movement To DC Link Circuits; Industrial Automation in Germany... 175 6.7.5 TELECOM INFRASTRUCTURE EQUIPMENT MARKETS FOR DISCRETE INDUCTORS: FY 2018-2023... 177 6.7.5 (A) Switches, Base Station and Long Haul Backbone/Connectivity:... 177 6.7.5 (B) Growth in Optical Networking Equipment:... 177 6.7.5 (C ) Magnetic Components for Optical Networking:... 177 6.7.5 (D) Industry Dynamics-Optical Network/Communications Backbone (Driver, amplifier, interconnect):... 177 6.7.5 (E) Competition In Supplying Inductors for Optical Networking:... 178 6.7.5 (F) Estimated Sales & Market Shares for Discrete Inductor Sales To The Optical Networking Business: FY 2018... 179 6.7.5 (G) Major Buyers of Discrete Inductors for Optical Networking Applications... 180 6.7.5 (C ) Outlook for Growth in Longhaul Backbone Inductors for Driver, Amplifier and Connection... 180 6.7.6 DEFENSE ELECTRONICS: OUTLOOK FOR DISCRETE INDUCTORS: FY 2018-2023... 180 5.7.6 (A) Outlook in The Defense Electronics Sector... 180 6.7.6 (B) DOD Budget Trends and The New Upcycle... 181 6.7.6 (C )Defense Communications & Spacecraft Markets for Inductors:... 182 6.7.6 (D ) Magnetic Components for Aerospace and Defense:... 182 6.7.6 (E) Defense & Aerospace: Customers and Outlook:... 183 6.7.6 (F) Inductor Customers In Defense Electronics: FY 2018 Defense & Aerospace (Mil-Spec, Q-Parts):... 183 6.7.6 (G) Major Customers Buying Inductors for Defense Communications: FY 2018... 184 6.7.6 (H) Inductor Suppliers To Defense Communications Markets: FY 2018 Sales and Market Shares:... 185 6.7.6 (I) Defense Communications: Status of The Market in FY 2018:... 186 Magnetics for Aerospace & Defense: FY 2018... 187 Specialty Bespoke Magnetic Components and New EXTREME Designs... 187 6.7.6 (J) Key Customers In Space Electronics:... 188 10

6.7.7 DISCRETE INDUCTORS FOR MEDICAL ELECTRONICS: FY 2018-2023 OUTLOOK... 191 6.7.7 (A) Medical Test & Scan Equipment and Implantable Defibrillators:... 191 6.7.7 (B) Magnetics for Medical Electronics: FY 2018 Market Size... 191 6.7.7 (C ) Changing Industry Dynamics: Medical Electronics:... 191 6.7.7 (D) Vendors of Magnetic Components for Medical Electronics: 2018... 192 6.7.7 (D) Growth Product Markets For Discrete Inductors In MedTech: 2018-2023... 193 Revenue Trends for the World's Top Manufacturers of Medical Electronic Devices: 2012-2016... 194 6.7.8 TEST & MEASUREMENT EQUIPMENT MARKET OUTLOOK FOR DISCRETE INDUCTORS: FY 2018-2023... 195 6.7.8 (A) Magnetics for Test & Measurement:... 195 6.7.8 (B) Industry Dynamics: Test & Measurement:... 195 6.7.8 (C ) Vendors of Magnetic Components for Test & Measurement Equipment: 2018... 196 6.7.8 (D ) Outlook- Test & Scan- The Market For Laboratory Test & Measurement Equipment... 197 6.7.9 DISCRETE INDUCTORS FOR INDUSTRIAL ELECTRONICS: FY 2018-2023 OUTLOOK... 198 6.7.9 (A) Magnetics for Industrial Electronics:... 198 6.7.9 (B) Industry Dynamics: Industrial Electronics... 198 6.7.9 (C ) Vendors of Magnetic Components for Industrial Electronic Equipment: 2018 Estimated Sales & Market Shares... 199 6.7.9 (D) Fragmented Market Opportunities for Inductor Vendors In Industrial Electronics:... 199 Main Driver-... 200 6.7.10 IN WHAT WAYS DO COMPETITORS DIFFERENTIATE THEMSELVES?... 200 6.7.10 (A) HIGH VOLTAGE INDUCTORS... 200 6.7.10 (B) HIGH FREQUENCY INDUCTORS... 200 6.7.10 (C ) HIGH-TEMPERATURE INDUCTORS-... 201 6.7.11 TECHNOLOGY ROADMAP FOR VOLUMETRIC EFFICIENCY AND COMPONENT PERFORMANCE... 201 6.7.11 (A) TRENDS IN DISCRETE INDUCTOR VOLUMETRIC EFFICIENCY:... 201 6.7.11 (B ) MLCC Sets The Tone for The Technology Roadmap in Ultra-Small Next Generation Components... 201 6.7.11 (C ) Thick Film Chip Resistors and Ferrite Beads Keep Up With Trends... 201 6.7.11 (D) Leading Edge Ultra-Small Component Similarities... 201 6.7.11 (E) Solid Passive Components about To Make a Breakthrough in Technology... 201 6.7.11 (F) Components Holding Back Technology (Limitations on Maximum Volumetric Efficiency)... 202 6.7.12 ULTRA-SMALL PASSIVES: A MULTIBILLION INDUSTRY... 204 6.7.,12 (A) Global Markets By Case Size:... 204 6.7.12 (B) The Leading Edge Markets- 01005 and 008004:... 204 6.7.12 (C ) The Core Value Markets- 0201 to 0805... 204 7.0 PRODUCER PROFILES... 206 7.1 Background Data on The World s Top Producers of Inductors, Beads and Cores:... 206 7.1.1 ABC TAIWAN... 206 11

ABC TAIWAN ELECTRONICS CORP... 206 ABC Taiwan: Corporate Overview:... 206 ABC Taiwan: Product Offering:... 207 ABC Taiwan: Employees and Plant Locations:... 207 ABC Taiwan: Financial Review and Four Year Revenue Trend:... 208 7.1.2 AEM... 210 AEM, INC.... 210 AEM, Inc.: Company Overview:... 210 AEM, Inc. Revenue Estimates:... 210 AEM, Inc. Corporate History:... 210 AEM, Inc.: Accolades & Achievements... 211 AEM, Inc.: HRB / DSCC 03024 Hi-Rel Ferrite Chip Beads... 211 7.1.3 AMOTECH... 212 AMOTECH COMPANY LIMITED ROK... 212 Amotech: Introduction:... 212 Amotech: Company Overview:... 212 Amotech: Key Products:... 213 Amotech: Power Inductor Line... 213 7.1.4 API DELEVAN... 214 API Delevan (Danaher)... 214 API Delevan: Company Description:... 214 API Delevan: Relationship With Danaher:... 214 API Delevan: Inductor Product Portfolio:... 215 7.1.5 AVX... 215 AVX Corporation... 215 Introduction To AVX Corporation:... 215 Passive Component Products From AVX:... 216 Passive Component Products From AVX:... 216 Annual Revenues For AVX Corporation: 2009-2018:... 216 AVX Corporation: RF/Microwave Products... 217 AVX Corporation: Thin-Film RF/Microwave Inductor Technology- Accu-L... 218 AVX Corporation: RF/Microwave Products:... 218 AVX Corporation: Thin-Film RF/Microwave Inductor Technology- Accu-L :... 218 AVX Corporation: Thin Film Inductor Product Offering: FY 2017... 219 AVX Corporation: Thick Film Inductor Product Offering: FY 2017... 219 12

7.1.6 BOURNS... 220 BOURNS, INC. (TVS DIODES):... 220 Bourns, Inc: Company Description:... 220 Bourns: J.W. Miller Magnetics:... 221 Bourns Trends and Directions: 2015... 221 7.1.7 CHILISIN... 222 Chilisin Electronics Corporation (2456 TT)... 222 Chilisin Electronics Corp. Company Description:... 222 Chilison Electronics Corp. Revenue Analysis: 2014-2018... 223 Chilisin Electronics Corp.: Sales By Region:... 224 Chilisin: Thick Film Inductor Product Offering: FY 2018... 224 Chilisin: Thin Film Inductor Product Offering: FY 2018... 224 7.1.8 COILCRAFT... 224 Coilcraft, Inc. (Private)... 224 Special Note on Coilcraft... 225 About Coilcraft:... 225 Coilcraft: Number of Employees:... 225 Notes On Coilcraft Revenues... 225 Coilcraft Manufacturing Locations:... 225 Coilcraft Product Lines:... 226 Coilcraft: Corporate Milestones Since 1945:... 226 Coilcraft: Technical Innovations:... 226 7.1.9 CORE RAY... 227 Core Ray Electronics Company Limited... 227 Core Ray: About This Company:... 227 Core Ray: Product Line Up:... 227 7.1.10 CYNTEC... 227 Cyntec Company Limited... 227 About Cyntec Company Limited... 228 Cyntec: Thin Film Ceramic Inductor Product Line: FY 2018... 228 7.1.11 DARFON... 229 Darfon Electronic Corporation... 229 About Darfon:... 229 Darfon: Thick Film Ceramic Chip Inductor Product Offering: FY 2018... 230 13

Darfon: Thin Film Ceramic Chip Inductor Product Offering: FY 2018... 230 7.1.12 FAIR-RITE... 231 Fair-Rite Products Corp.... 231 Fair-Rite: Company Description:... 231 Fair-Rite: Inductor Product Line... 231 7.1.13 GANG SONG... 232 GANG SONG ELECTRONICS CO., LTD.... 232 Gang Song: Company Overview:... 232 Gang Song: Inductor and Related Products:... 233 Gang Song Factory Locations:... 233 7.1.14 GOWANDA... 234 Gowanda Electronics Corp.... 234 Gowanda: Company Description... 234 Gowanda: Inductor Product Line:... 234 Gowanda: Manufacturing Facilities:... 234 Gowanda: Manufacturing Technologies Group:... 235 Gowanda: Mexico:... 235 Gowanda: ChipTek USA:... 235 Gowanda: Base Technologies:... 235 Gowanda: Customer Base:... 235 7.1.15 JOHANSON... 237 Johanson Technology... 237 Johanson Technology: About This Company:... 237 Johanson Technology: High Q Ceramic Chip Inductors:... 237 Johanson Technology: RF Wirewound Chip Inductors:... 238 Johanson Technology: RF Wirewound Chip Inductors:... 239 Johanson Technology: Thick Film Inductor Product Offering: FY 2017... 239 7.1.16 LAIRD TECHNOLOGIES... 240 Steward Manufacturing Company (Laird)... 240 Laird (Steward): Overview:... 240 Laird (Steward) Inductor Product Line:... 240 Laird PLC Revenues By Product Segment:... 240 Laird PLC Performance Materials Division Revenues:... 240 Laird PLC Performance Materials Division Revenues by End-Use Market:... 241 Laird PLC Revenues By World Region:... 241 14

7.1.17 MAGNETICS (SPANG)... 241 Magnetics (A Spang Company)... 241 Magnetics (Spang): Company Overview... 241 Magnetics (Spang): Product Line:... 242 7.1.18 MAG-LAYERS... 242 Mag-Layers Scientific-Technics Company Limited... 242 Mag-Layers: Company Description:... 243 Mag-Layers: Inductive Product Line:... 243 Mag-Layers Scientific Technics (3068: Taiwan) Annual Revenues: 2014-2018 CY Forecast... 243 7.1.19 MMG CANADA... 245 MMG Canada Limited... 245 MMG Canada: About This Company... 245 MMG Canada History:... 245 MMG Product Line:... 245 7.1.20 MURATA... 246 MURATA MANUFACTURING COMPANY LIMITED (RIC: 6981):... 246 Murata Manufacturing: About This Company... 246 Annual Revenues for Murata s Capacitor Group: 2009-2018... 247 Quarterly Revenues For MURATA: 2014-2018 {Capacitor Operations Only}... 248 Murata Revenues By End-Use Market Segment: FY 2018 Forecasts... 249 Murata Revenue Trend By End-Use Market Segment: FY 2009-2017; FY 2018 Forecasts... 250 MURATA: ECONOMIC INDICATOR: SHIFTING END-MARKET DATA IN FY 2018... 252 Murata Revenues By World Region & Trends: FY 2009-2015; FY 2018 Forecasts... 252 MURATA: Economic Indicator: Shifting Sales Data in FY 2018... 253 Murata s Position in the Passive Component Industry: FY 2018... 254 Murata Manufacturing: Recent Developments In Inductors (Expansion of Okayama; Merger with TOKO):... 254 Murata Manufacturing: Technology Trends in Inductors:... 255 Murata: Thick Film Ceramic Chip Inductor Product Offering: FY 2018... 255 Murata: Thin Film Ceramic Chip Inductor Product Offering: FY 2018... 256 Murata Manufacturing: Revenue Trends by World Region: 2009-2018... 256 Murata Manufacturing: Recent Developments In Inductors (Expansion of Okayama; Merger with TOKO):... 257 Murata Manufacturing: Technology Trends in Inductors:... 257 Murata Forecasting-... 257 7.1.21 PANASONIC... 258 15

PANASONIC CORPORATION (RIC: 6752):... 258 Panasonic Corporation: Description:... 258 Panasonic Corporation: Importance To The Passive Component Industry: FY 2018... 259 Panasonic Revenues by World Region:... 260 Panasonic Revenues by End-Use Market Segment:... 260 Panasonic Inductor Product Line (Tajima):... 260 7.1.22 PULSE... 261 Pulse Electronics Corporation... 261 Pulse Electronics: Company Description:... 261 Pulse Electronics: Recent developments:... 261 Pulse Electronics: Power Magnetics Products:... 262 Pulse Electronics: Broadband: RF & Wireless Products:... 262 Pulse Electronics: Signal Magnetics Products (LAN Connectivity):... 262 Pulse Electronics: Signal Magnetics Products:... 262 Pulse Electronics: Broadband/Internet Access Products:... 262 Pulse Electronics: RF Chip Inductor Product Line:... 262 Pulse Electronics: Military-Aerospace Products:... 263 Pulse Electronics: Product Group Sales Update:... 263 Pulse Electronics: Revenue Trend by Country... 263 7.1.23 NEC-TOKIN (NOW KEMET)... 263 NEC-TOKIN CORPORATION (RIC: 6759)... 263 NEC Tokin- About This Company:... 264 NEC Tokin- Product Sales... 264 NEC-Tokin Sales March 2015... 264 NEC Inductor Products:... 264 NEC-Tokin: Inductor Developments:... 265 7.1.24 SAGAMI... 266 Sagami Electric Company Limited... 266 Sagami Electric: Company Overview:... 266 Sagami Electric: Factory Locations and Employees:... 266 Sagami Electric: Major Customers:... 266 Sagami Electric: Major Push in Automotive Inductors:... 267 Sagami Electric: Revenue Estimates in Discrete Inductors and Coils:... 267 7.1.25 SAMWHA... 267 SamWha Electronics Company Limited... 267 16

Samwha: Company Description and Overview:... 267 Samwha: Inductor Products:... 267 Samwha: Ferrite Powder Products:... 268 Samwha: Qingdao Factory:... 268 Samwha: Employees:... 268 7.1.26 SKYMOS... 268 Skymos Electronics Limited... 268 Skymos: Company Overview:... 268 Skymos Product Lineup:... 269 7.1.25 SUMIDA... 270 SUMIDA ELECTRIC COMPANY LIMITED (RIC: 6817)... 270 About Sumida:... 270 Sumida Annualized Revenues: 2005-2018 CY... 271 Sumida Sales Trend By Key Technology In Automotive and Future Outlook... 272 Sumida Sales Trend By Key Technology In Industrial and Future Outlook... 272 Sumida Sales Trend By Key Technology In Consumer AV and Future Outlook... 272 Sumida Revenues By End-Use Market Segment: 2017... 272 Sumida- Regional Growth Strategy:... 273 Raw Material Pricing: Costs To Produce:... 274 Sumida FY 2019 Outlook-... 274 SUMIDA S POSITION IN THE PASSIVE COMPONENT INDUSTRY: FY 2018... 274 7.1.26 SUNLORD... 274 Shenzhen Sunlord Electronics Co., Ltd.... 274 Shenzhen Sunlord: Company Overview:... 275 Shenzhen Sunlord: New Product Developments in Inductors:... 276 7.1.27 TAIYO YUDEN... 277 TAIYO YUDEN COMPANY LIMITED (RIC: 6976):... 277 Annual Revenues For Taiyo Yuden s Ferrite and AP Group: 2009-2017; 2018 Forecasts... 277 Quarterly Revenues For Taiyo Yuden Ferrites & Applied Products Group: 2014-2018... 278 TAIYO YUDEN S POSITION IN THE PASSIVE COMPONENT INDUSTRY: FY 2018:... 279 Taiyo Yuden: December 2017 Quarterly Reporting... 280 Taiyo Yuden: Trends and Directions in Discrete Inductors... 281 17

7.1.28 TDK... 282 TDK CORPORATION (RIC: 6762):... 282 TDK- Capacitor and Inductor Revenues: A Combined Power House in Passives... 282 End-Use Market Demand Update:... 283 Capacitor Shipment Estimates Only In US Dollars- Sample... 283 TDK: Thick Film Ceramic Chip Inductor Product Offering: FY 2017... 283 TDK: Thin Film Inductor Development: FY 2017 to FY 2018... 283 Annual Revenues for TDK s Inductor Group: FY 2010-2018... 284 Revenues in TDK s Inductor Group were flat in FY 2018 because of the heavy sales channel into handsets.... 284 Quarterly Revenues For TDK Inductors Group: 2009-2018... 286 TDK: ECONOMIC INDICATOR: SHIFTING SALES DATA IN FY 2018... 287 TDK S POSITION IN THE PASSIVE COMPONENT INDUSTRY: FY 2018:... 287 7.1.29 TOKEN (THICK AND THIN FILM)... 288 Token Electronics Industry Co., Ltd.... 288 About Token:... 288 Token: Ceramic Thin Film Inductor Product Offering: FY 2017... 288 Token: Thick Film Inductor Product Offering: FY 2017... 289 7.1.30 TOKO (MURATA)... 290 TOKO INC. (RIC: 6801):... 290 TOKO: Company Overview:... 290 TOKO Corporation: Annual Revenues:... 291 TOKO Revenues by World Region:... 292 Change in TOKO Revenues By World Region: CY 2011 to CY 2014... 293 TOKO Revenues by End-Use Market Segment:... 294 TOKO Inc.: Changes in Demand By End-Use Market Segment:... 294 TOKO, Inc. Revenues By End-Use Market Segment:... 294 TOKO Production Footprint By World Region:... 295 TOKO: Technology Trends & Directions:... 295 TOKO: Partnership With Murata:... 296 7.1.31 TT ELECTRONICS... 296 TT ELECTRONICS... 296 TT Electronics: Company Overview:... 297 TT Electronics: Primary Brands and Subsidiaries:... 297 TT Electronics: Inductor and Ferrite Operations:... 297 TT Electronics- Product Offerings... 297 18

TT Electronics on Current Market Conditions and Outlook:... 297 Product Offerings In Inductors (BI Technologies)... 298 TT Group- BI Technologies Corporation... 298 TT Electronics (MMG)... 298 7.1.32 VIKING (THICK AND THIN FILM)... 298 Viking Tech Corporation... 298 About Viking Technology Corp.:... 299 Viking: Thin Film Inductor Product Offering: FY 2017... 299 7.1.33 VISHAY... 299 VISHAY INTERTECHNOLOGY (NYSE:VSH)... 299 Vishay Intertechnology: Company Overview... 300 Vishay Annual Resistor & Inductors Group Revenues: 2009-2017; 2018 Forecasts... 300 Vishay Intertechnology: Resistors & Inductors Group; Quarterly Revenues: 2012-2018... 302 VISHAY S POSITION IN THE PASSIVE COMPONENT INDUSTRY: FY 2018:... 303 Vishay-Dale: Thick Film Ceramic Chip Inductor Product Offering: FY 2018... 303 Vishay-Dale: Thin Film Ceramic Chip Inductor Product Offering: FY 2018... 303 Vishay s Inductor Business Group:... 303 7.1.34 WURTH ELEKTRONIK... 304 Wurth Electronik... 304 Company Description & Relation With Adolf Würth GmbH & Co. KG:... 304 Wurth Electronik: Revenue Data:... 304 Wurth Electronik: Electronic & Electromechanical Components Group:... 304 Wurth Electronik: Electronic & Electromechanical: Standard Parts... 304 Wurth Electronik: Electronic & Electromechanical: IBE Automotive Parts... 305 Wurth Electronik: Electronic & Electromechanical: Midcom Custom... 305 Wurth Electronik: Manufacturing Facilities:... 305 Table of Figures and Graphs Figure 1: Currency Translations Used In This Report: FY 2013, 2014, 2015, 2016, 2017 and 2018 (Yen, NT$ and Won Currencies To The United States Dollar Quarterly Exchange Rates)... 33 19

Figure 2: Four Main Segments of The Magnetic Components Market: FY 2018... 45 Figure 3: Structure of the Worldwide Magnetics Industry in 2018... 46 Figure 4: Summary Chart" Structure of The Worldwide Magnetics Business: FY 2018... 49 Figure 5: Competitive Environment By Inductor, Coil and Core Product Type: FY 2018... 52 Figure 6: Global Value, Volume and Average Unit Selling Price for Discrete Inductors: FY 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017 and 2018... 54 Figure 7: Global Value of Consumption for Discrete Inductors: FY 2007-2018; and FY 2017 Forecasts- In Millions of USD... 56 Figure 8:Global Volume Shipments By Inductor Type: 2003-207-; 2018-2023 Forecasts... 57 Figure 9: Average Unit Selling Price for Discrete Inductors: FY 2007-2018 In USD Per Thousand Pieces... 59 Figure 10: Global Consumption Value for Discrete Inductor, Coils and Cores By Configuration: FY 2018 (Surface Mount, Throughole and Core)... 63 Figure 11: Global Consumption Value, Volume and Pricing For Discrete Inductors, Coils and Cores By Type and Configuration: 2011, 2012, 2013, 2014, 2015, 2016, 2017 and 2018 (Fiscal Year Ending March)... 73 Figure 12: Global Consumption Value For Surface Mount Inductors By Type: (Ferrite Bead, Bead Array, ML Chip Coil, Molded Case Wirewound Chip, SMD Wirewound Coil): FY 2018... 74 Figure 13:Global Consumption Value For Throughole and Core Inductors By Type: (Ferrite Cores, Axial Leaded Wirewound, Radial Leaded Wirewound, Wirewound Bobbin): FY 2018... 75 Figure 14: Global Consumption Value for Discrete Inductors and Cores by End-Use Market Segment: FY 2018... 79 Figure 15: Global Consumption Volume For Inductors, Beads and Cores by End-Use Market Segment: FY 2018... 81 Figure 16: Inductor and Bead Content In A Wireless Handset By Type and Circuit Application: FY 2018... 84 Figure 17: Inductor Content In a Notebook Computer by Component Type: FY 2018... 86 Figure 18: Inductor and Bead Content In a LCD/PDP TV by Type and Circuit Application: FY 2018... 88 Figure 19: Inductor, Bead and Core Content In A Standard Automobile By Type and Location: FY 2018... 89 Figure 20: Inductor Content in Large Home Appliances and Lighting Ballasts By Component Type: FY 2018... 90 Figure 21: Inductor, Bead and Core Consumption Volume and Pricing by End-Use Market Segment: FY 2018... 94 Figure 22:Global Consumption Value for Inductors, Beads and Cores By World Region: FY 2013-FY 2014-FY 2015, and 2018... 96 Figure 23: Sumida Corporation Annual Revenues: 2005-2018 CY... 98 Figure 24: Taiyo Yuden: Ferrites & AP Group; Annual Revenues: 2009-2017; 2018 Forecasts... 99 Figure 25: TDK Corporation; Inductors Group: Annual Revenues: 2010-2017; 2018 Forecasts... 100 Figure 26: Vishay Interetechnology: Resistors & Inductors Group: Annual Revenues: 2009-2017; 2018 Forecasts... 101 Figure 27: Chilisin Electronics Corp. (2456: Taiwan): Annual Revenues: 2014-2018... 102 20

Figure 28: Mag-Layers Scientific Technics (3068: Taiwan) Annual Revenues: 2014 to 2018... 103 Figure 29: Shenzhen Sunlord: Revenue Growth: 2014-2018... 104 Figure 30: ABC Taiwan Electronics Corp. (3236: Taiwan) Annual Revenues: CY 2014-2018... 105 Figure 31: Global Vendors of Discrete Inductors: FY 2018 Estimated Market Shares... 108 Figure 32: Discrete Inductor Vendors: FY 2018 Estimated Market Shares (Change in Share Status in FY 2017 to FY 2018)... 109 Figure 33: Competitive Environment in Inductors, Beads and Cores by End-Use Market Segment: FY 2018... 112 Figure 34: Lead Time Trends for All Discrete Inductors Combined (Aggregate): 2013-2018... 116 Figure 35: Inductor, Bead and Core Shipment Value Forecasts: 2018-2023... 119 Figure 36:Global Value Shipments By Inductor Type: 2003-2015; 2018-2023... 121 Figure 37:Global Volume Shipments By Inductor Type: 2003-207-; 2018-2023 Forecasts... 124 Figure 38:Global Average Unit Pricing For Inductors By Type: 2003-2017; 2018-2023(In USD)... 125 Figure 39: Projected Production VOLUME for Key END-PRODUCTS Consuming Components (Top 16 End-Products) To 2023. 128 Figure 40: Black Box Build and Forecasts: FY 2018 to FY 2023 Forecasts... 129 Figure 41: Value, Volume and Pricing Forecasts for Inductors, Beads and Cores by End-Use Product Market to 2023... 130 Figure 42: Global Inductor, Bead and Coil Forecasts for Consumption by Component Type and Configuration: FY 2018-2023... 134 Figure 43: Global Inductor, Bead and Coil Forecasts For Consumption by World Region: FY 2018-2023... 136 Figure 44: High Frequency Ceramic Chip Inductors: Competition by Case Size: (Thick Versus Thin Film): FY 2018... 140 Figure 45: Ceramic Vendors by Case Size and Inductor Thickness (Thick and Thin Film): FY 2018... 142 Figure 46: High Frequency Bands and Related Nomenclature:... 144 Figure 47: Ultra Hi-Q Market Drivers (1 to 2.9 GHz): FY 2017-2023:... 145 Figure 48: Hi-Q Market Drivers (3.1 to 30 GHz): FY 2017-2023... 146 Figure 49: Product Markets For Ceramic Capacitors In The 31 to 100 GHz... 147 Figure 50: Telecom End-Use Markets For Passive Components: Global Consumption Value and Trend: 2007-2018... 152 Figure 51: Worldwide Unit Growth in Wireless Handsets and Forecasted Unit Growth By Year To 2023... 154 Figure 52: Worldwide Unit Forecasts for Handset Consumption: Legacy versus Smartphone: FY 2018-2023... 155 Figure 53: Inductor Content by Type: Legacy versus Smartphone: FY 2018-2023... 156 Figure 54: Inductors for Handsets: Unit Demand Forecasts: FY 2018-2023... 157 Figure 55: Global Handset Revenue Growth Worldwide... 158 Figure 56: Discrete Inductor Suppliers To The Worldwide Handset Industry: FY 2018 Estimated Shares... 159 Figure 57: Automotive End-Use Markets For Passive Components: Global Consumption Value and Trend: 2007-2018... 161 Figure 58: Automotive Grade Inductor Vendors: FY 2018 Market Share Estimates... 163 21

Figure 59: Top Vendors of Automotive telematics and Connectivity Devices: FY 2018... 165 Figure 60: Heads Up Displays In Auto: Key Technologies and Expected Growth Rates By Technology To 2020... 166 Figure 61: Automotive Heads-Up Display Manufacturers and Market Shares: FY 2018... 168 Figure 62: Automotive Telematics Market Growth By Technology Platform:... 170 Figure 63: Computer End-Use Markets For Passive Components: Global Consumption Value and Trend: 2007-2018... 174 Figure 64: Figure 22: Industrial End-Use Markets For Passive Components: Global Consumption Value and Trends: 2007-2018... 176 Figure 65: Global Sales and Market Share estimates for Discrete Inductors To The Optical Networking Market: 2018... 179 Figure 66: Outlook in The Defense Electronics Sector... 181 Figure 67: DOD Budget Trends & Directions... 182 Figure 68: Inductor Customers In Defense Electronics: FY 2018... 184 Figure 69: Defense Communications Equipment Manufacturers: FY 2018 Market Shares... 185 Figure 70: Inductor Suppliers To Defense Communications Markets: FY 2018 Sales and Market Shares... 186 Figure 71: Spacecraft Manufacturers: FY 2017 Estimated Sales and Market Shares... 189 Figure 72: Outlook For Space Electronics... 190 Figure 73: Magnetic Component Vendors for Medical Electronics: FY 2018... 192 Figure 74: Magnetic Component Vendors for Test & Measurement: FY 2018... 196 Figure 75: Magnetic Component Vendors for Industrial Electronics and Power: FY 2018... 199 Figure 76: Passive Component Volumetric Efficiency Comparison... 203 Figure 77: Ultra-Small Passives: A $15 Billion Industry... 205 Figure 78: ABC Taiwan Electronics Corp. (3236: Taiwan) Annual Revenues: CY 2011-2018... 208 Figure 79: AVX Corporation: Annual Revenues: 2009-2017; 2018 Forecasts... 217 Figure 80: Chilisin Electronics Corp. (2456: Taiwan): Annual Revenues: 2003-2018 Forecasts... 223 Figure 81: Mag-Layers Scientific Technics (3068: Taiwan) Annual Revenues: 2014-2018... 243 Figure 82: MURATA MFG CO LTD CAPACITOR GROUP: Annual Revenues: FY 2009-2017- FY 2018 Forecasts... 248 Figure 83: MURATA MFG CO LTD CAPACITOR GROUP; Quarterly Revenues: 2009-2017; 2018 Forecasts... 249 Figure 84: Murata Annual Revenues by End-Use Market Segment: FY 2018... 250 Figure 85: Murata Annual Revenues by End-Use Market Segment: FY 2009-FY 20147; FY 2018 Forecasts... 251 Figure 86: Murata Revenues by World Region: FY 2015-2018 (9 Months of Data; shifting markets)... 252 Figure 87: Murata Revenues by World Region: FY 2009-2015; FY 2018 Forecasts... 252 Figure 88: Murata Revenues by World Region: FY 2015-2018 (9 Months of Data; shifting markets)... 254 Figure 89: Sumida Corporation Annual Revenues: 2005-2018 CY... 271 22

Figure 90: Sumida Corporation: Changes in Demand By End-Use Market Segment: 2017... 273 Figure 91: Shenzhen Sunlord: Revenue Growth: 2014-2018... 276 Figure 92: Taiyo Yuden: Ferrites & AP Group; Annual Revenues: 2009-2017; 2018 Forecasts... 277 Figure 93: Taiyo Yuden: Ferrites & AP Group: Quarterly Revenues: 2014-2018... 278 Figure 94: TDK Corporation; Inductors Group: Annual Revenues: 2010-2017; 2018 Forecasts... 285 Figure 95: TDK Corporation: Inductors Group; Quarterly Revenues: 2012-2017- 2018 Forecasts... 286 Figure 96: TDK Revenues by World Region: FY 2015-2018 (9 Months of Data; shifting markets)... 287 Figure 97: TOKO Corporation: Annual Revenues: 2011-2015 CY... 291 Figure 98: Vishay Interetechnology: Resistors & Inductors Group: Annual Revenues: 2009-2017; 2018 Forecasts... 300 Figure 99: Vishay Intertechnology: Resistors & Inductors Group; Quarterly Revenues: 2012-2018... 302 23