Autonomous Vehicle News
Samsung starts mass production of automotive power inductors New Products | July 24, 2023 By Nick FlahertySamsung Electro-Mechanics has started production of automotive power inductors for electric vehicle cameras in autonomous driving systems. The power inductor market size is expected to reach approximately $3.65 billion by 2028, at a CAGR of approximately 9%. The market for automotive power inductors is expected to show growth at a CAGR of about 12%. “Power inductors are expected to experience high growth as the market for autonomous driving and electric vehicles expands,” said Chang Duckhyun, CEO of Samsung Electro-Mechanics. “Samsung Electro-Mechanics plans to develop power inductors into the ‘second MLCC’ based on our differentiated technology through the convergence of materials and package substrate technologies.”www.samsungsem.comShare: