Drum Core Inductors

Drum Core Inductors Market Outlook

The global Drum Core Inductors market is projected to reach a substantial valuation of approximately USD 3.5 billion by 2035, growing at a compound annual growth rate (CAGR) of around 7.2% from 2025 to 2035. The increasing demand for efficient power management systems and the growing adoption of advanced electronic devices across various sectors are significant factors contributing to this growth. Additionally, advancements in technology and the rise of electric vehicles (EVs) are propelling the need for highly effective inductors, which are crucial for managing electrical power efficiently. Moreover, the expanding telecommunications sector, with the implementation of 5G technology, is further driving the demand for high-performance inductors. The need for reliable components in high-frequency applications is also supporting the development of the Drum Core Inductors market.

Growth Factor of the Market

The growth of the Drum Core Inductors market is primarily fueled by the increasing complexity and miniaturization of electronic devices, which necessitate the use of high-performance inductors. These inductors play a pivotal role in filtering, energy storage, and noise suppression, which are essential for ensuring optimal performance in modern electronics. Furthermore, the automotive industry's transition towards electrification is enhancing the demand for Drum Core Inductors, as they are integral to the operation of electric and hybrid vehicles. The expansion of renewable energy sources, such as solar and wind power, also contributes to the demand for inductors capable of managing energy efficiently. As industries increasingly focus on sustainable practices, the ability of these inductors to operate at elevated temperatures and in challenging environments will become even more critical, thus reinforcing their market position.

Key Highlights of the Market

• Robust growth fueled by the rising demand for energy-efficient electronic components.
• Significant adoption in sectors such as automotive, telecommunications, and consumer electronics.
• Technological advancements driving product innovation and enhancing performance.
• Expansion of manufacturing capabilities across Asia Pacific, particularly in China and India.
• Increased investments in research and development by key players to improve product offerings.

By Product Type

Ferrite Drum Core Inductors:

Ferrite drum core inductors are widely used due to their excellent magnetic properties, which allow for efficient energy storage and minimal energy loss. These inductors are suitable for high-frequency applications, making them ideal for use in consumer electronics, automotive systems, and telecommunications devices. Their ability to operate effectively in compact spaces is a significant advantage, as it aligns with the industry trend towards miniaturization. As the demand for lightweight and efficient components continues to rise, ferrite drum core inductors are expected to maintain a strong market presence. Additionally, advancements in ferrite materials are enhancing the performance and reliability of these inductors, further driving their adoption across various sectors.

Iron Powder Drum Core Inductors:

Iron powder drum core inductors are recognized for their high saturation flux density and lower cost compared to other inductor types. These inductors are commonly utilized in applications that require high inductance values and low core loss, such as power supplies and audio equipment. The growing trend of using iron powder inductors in switch-mode power supplies (SMPS) is boosting their market growth, as they offer a viable solution for energy-efficient designs. The continuous improvement in iron powder formulation and manufacturing processes is expected to enhance the performance and reliability of these inductors, allowing them to compete effectively in the evolving market landscape.

Amorphous Metal Drum Core Inductors:

Amorphous metal drum core inductors stand out due to their superior magnetic performance and low core loss characteristics, which make them suitable for high-frequency applications. These inductors are particularly beneficial in energy-saving applications, thereby aligning with global sustainability efforts. The adoption of amorphous metal technology in inductors is gaining traction in various sectors, including renewable energy systems and electric vehicles. As more companies seek to reduce their carbon footprint and improve energy efficiency, the market for amorphous metal drum core inductors is poised for significant growth. Additionally, advancements in manufacturing technology are enabling the production of these inductors at competitive costs, further enhancing their market appeal.

Nanocrystalline Drum Core Inductors:

Nanocrystalline drum core inductors are emerging as a critical component in applications requiring high efficiency and compact design. Their unique nanostructured material provides exceptional magnetic properties, leading to reduced energy losses and improved thermal stability. These inductors are particularly valuable in power electronics, renewable energy systems, and advanced telecommunications. As the demand for higher performance components continues to escalate, the adoption of nanocrystalline drum core inductors is expected to rise. Research and development efforts focused on optimizing these inductors for specific applications will further solidify their presence in the market, making them a key player in the future of inductive technologies.

Hybrid Drum Core Inductors:

Hybrid drum core inductors combine the benefits of various materials to achieve superior performance characteristics, such as enhanced power handling capabilities and low losses. These inductors are designed to meet the diverse needs of modern electronic applications, making them highly versatile. The growing demand for hybrid solutions in power electronics, automotive applications, and consumer devices is driving the market for hybrid drum core inductors. Manufacturers are increasingly focusing on developing innovative hybrid designs to cater to the evolving needs of end-users, thus positioning themselves competitively in the market. The ability of hybrid inductors to operate efficiently under a wide range of conditions further adds to their attractiveness in various industrial applications.

By Application

Automotive:

The automotive sector is witnessing a significant transformation with the rise of electric and hybrid vehicles, leading to an increasing demand for high-performance drum core inductors. These components are essential for managing power distribution, energy storage, and noise filtering in advanced vehicle systems. As automakers strive to enhance efficiency and reduce emissions, the role of drum core inductors becomes more critical. Additionally, the integration of advanced driver-assistance systems (ADAS) and in-vehicle infotainment systems further drives the need for reliable inductors that can operate in challenging conditions. The continuous evolution of the automotive industry towards electrification and automation will provide a robust growth platform for drum core inductors in the coming years.

Consumer Electronics:

In the consumer electronics segment, the demand for compact, efficient, and reliable components is at an all-time high. Drum core inductors are extensively used in devices such as smartphones, laptops, and wearables to ensure optimal performance and energy efficiency. As technology advances, manufacturers are continuously seeking smaller and more powerful inductors to meet the requirements of high-performance electronic devices. The rapid growth of the IoT (Internet of Things) ecosystem is further accelerating the adoption of drum core inductors in various consumer electronics applications. The increasing focus on energy efficiency and the trend toward smarter devices will continue to fuel the growth of the drum core inductors market in this segment.

Industrial:

The industrial application of drum core inductors encompasses a wide range of machinery and equipment, including motors, transformers, and power supplies. These inductors are critical for energy management, providing essential functions such as filtering and voltage regulation. The growing emphasis on automation and smart manufacturing is driving the demand for advanced inductive components, as industries strive to improve efficiency and reduce operational costs. Furthermore, the increasing adoption of renewable energy sources within industrial processes is contributing to the growth of the drum core inductors market, as they are essential for managing power fluctuations and ensuring stable energy supply.

Telecommunication:

In the telecommunication sector, drum core inductors are crucial for ensuring the reliability and performance of communication systems. The rapid expansion of 5G networks and the increasing demand for high-speed data transmission are driving the need for advanced inductive components that can handle higher frequencies and power levels. Drum core inductors play a vital role in minimizing signal interference and ensuring effective power management in telecommunication devices and infrastructure. As the sector continues to evolve, the demand for high-performance inductors will grow, driven by the need for reliable and efficient communication solutions.

Aerospace & Defense:

The aerospace and defense industries are characterized by stringent performance and reliability requirements, where drum core inductors are essential for various applications, including power supplies, signal processing, and control systems. These inductors must withstand harsh environmental conditions and provide stable performance over extended periods. The increasing focus on advanced aerospace technologies and defense systems is propelling the demand for high-quality inductive components. Additionally, the rise of unmanned aerial vehicles (UAVs) and satellite communications is further driving the need for efficient drum core inductors capable of operating in challenging conditions. As investments in aerospace and defense continue to grow, the drum core inductors market will benefit significantly from this trend.

By Distribution Channel

Direct Sales:

Direct sales channels have become increasingly popular among manufacturers and major distributors of drum core inductors. This channel allows manufacturers to establish a direct relationship with their customers, facilitating efficient communication regarding product specifications, pricing, and delivery schedules. Direct sales provide manufacturers with better control over their brand image and customer experience, enabling them to build trust and loyalty. Furthermore, with the rapid advancements in online sales platforms, manufacturers can now reach a broader audience while maintaining a personalized approach. This trend is particularly relevant as demand for customized inductive solutions grows, allowing companies to cater to specific customer requirements effectively.

Distributor Sales:

Distributor sales play a significant role in the drum core inductors market by providing widespread access to various product offerings. Distributors typically carry a wide range of inductors from multiple manufacturers, enabling customers to compare options and select the best products for their needs. The presence of established distribution networks allows manufacturers to focus on production and innovation while relying on distributors to handle sales and logistics. Distributors also provide valuable services such as inventory management, technical support, and product training, which enhance the overall purchasing experience for customers. As the market continues to expand and diversify, the importance of distributor sales in reaching different segments and regions will remain critical.

By Material Type

Ferrite:

Ferrite material is a key component in the construction of drum core inductors, known for its excellent magnetic properties and high electrical resistivity. These properties allow ferrite inductors to minimize energy losses, making them ideal for high-frequency applications. The continuous advancement in ferrite formulations is enhancing the performance and efficiency of these inductors, leading to an increased demand across various sectors such as automotive, consumer electronics, and telecommunications. As industries increasingly prioritize energy efficiency, the adoption of ferrite drum core inductors is expected to grow, supported by ongoing research aimed at improving their characteristics and reducing production costs.

Iron Powder:

Iron powder is another critical material used in the manufacturing of drum core inductors. The unique properties of iron powder, including its high saturation flux density and low cost, make it an attractive choice for various applications. These inductors are particularly well-suited for power supply systems that demand high inductance values and low core loss. The increasing trend of utilizing iron powder inductors in switch-mode power supplies (SMPS) is driving market growth, as they offer a cost-effective solution without compromising performance. Moreover, innovations in iron powder formulations are enhancing the versatility and reliability of these inductors, leading to wider adoption across different industries.

Amorphous Metal:

Amorphous metal drum core inductors possess outstanding magnetic properties due to their non-crystalline structure, which results in reduced core losses and improved efficiency. These inductors are particularly valuable in applications where high energy efficiency is crucial, such as renewable energy systems and electric vehicles. The growing emphasis on sustainability and energy conservation is driving the demand for amorphous metal inductors, as they align with global goals for reducing energy consumption. Research and development efforts are focusing on further optimizing amorphous metal formulations to enhance their performance characteristics, ensuring their continued relevance in the evolving market.

Nanocrystalline:

Nanocrystalline materials are increasingly being utilized in drum core inductors due to their exceptional magnetic properties and low energy losses. The unique structure of nanocrystalline materials allows for improved thermal stability and high-frequency performance, making them suitable for a variety of applications, including power electronics and telecommunications. As the demand for high-performance components continues to rise, the adoption of nanocrystalline drum core inductors is expected to increase significantly. Ongoing advancements in nanocrystalline technology are paving the way for innovative inductive solutions tailored to meet specific industry requirements, further driving market growth.

Hybrid:

Hybrid materials are gaining traction in the drum core inductors market as manufacturers seek to combine the strengths of different materials to achieve superior performance characteristics. These inductors are designed to meet the diverse needs of various applications, offering enhanced power handling capabilities and lower losses compared to traditional materials. The increasing demand for hybrid inductors in power electronics, automotive applications, and consumer devices is driving market growth, as they provide versatile solutions for complex electronic systems. Manufacturers are continuously developing innovative hybrid designs to cater to the evolving needs of end-users, positioning themselves competitively in the dynamic market landscape.

By Region

The North American drum core inductors market is characterized by a strong presence of leading manufacturers and a growing demand for advanced electronic components. The region's focus on technological innovation, particularly in sectors such as automotive, telecommunications, and consumer electronics, drives the adoption of high-performance inductors. By 2035, North America is expected to hold a significant share of the market, with a projected CAGR of approximately 6.5%. As industries increasingly prioritize energy efficiency and advanced technologies, the drum core inductors market in North America is poised for substantial growth, driven by investments in research and development and the expansion of manufacturing capabilities.

In Europe, the drum core inductors market is experiencing steady growth, bolstered by a strong emphasis on sustainability and energy efficiency across various sectors. The region is home to several key players in the electronics and automotive industries, which are increasingly adopting advanced inductive components to enhance performance and reduce energy consumption. As the demand for electric vehicles and renewable energy solutions continues to rise, the European market for drum core inductors is expected to expand significantly. By 2035, Europe is anticipated to account for a substantial share of the global market, driven by ongoing technological advancements and a commitment to reducing carbon emissions.

Opportunities

One of the most significant opportunities in the drum core inductors market lies in the increasing demand for electric vehicles (EVs) and hybrid vehicles. As governments worldwide implement stricter emission regulations and promote sustainable transportation solutions, automakers are investing heavily in electric and hybrid technology. Drum core inductors play a crucial role in the power management systems of these vehicles, making them essential components in the automotive supply chain. The ongoing shift towards electrification presents a lucrative opportunity for manufacturers to expand their market presence by developing inductors tailored to the specific requirements of the automotive sector. Additionally, the rising interest in autonomous vehicles further enhances the demand for advanced inductive solutions, positioning companies well for future growth.

Another promising opportunity in the drum core inductors market is the increasing focus on renewable energy systems, such as wind and solar power. As the world transitions towards greener energy alternatives, the need for efficient energy management solutions becomes paramount. Drum core inductors are essential for managing power fluctuations and ensuring stable energy supply in renewable energy applications. Manufacturers that invest in research and development to create high-performance inductors capable of operating in diverse environmental conditions will be well-positioned to capture a share of this emerging market. The growing global emphasis on sustainability and reducing carbon footprints will further drive the demand for advanced inductive solutions across various sectors.

Threats

One of the prominent threats facing the drum core inductors market is the rapidly evolving landscape of technology and consumer preferences. As industries advance towards greater efficiency and miniaturization, the demand for traditional inductive solutions may decline as newer technologies emerge. Manufacturers must continuously innovate and adapt to changing market dynamics to remain competitive. Failing to keep pace with technological advancements could result in a loss of market share and profitability. Additionally, increased competition from alternative technologies and inductive solutions may pose a challenge, requiring companies to invest significantly in research and development to differentiate their products and maintain relevancy in the market.

Another critical threat to the drum core inductors market is the volatility of raw material prices. Many inductors rely on specialized materials, such as ferrite, iron powder, and amorphous metal, which can be subject to price fluctuations due to market demand, supply chain disruptions, or geopolitical factors. Such volatility can affect production costs and profit margins for manufacturers, making it challenging to maintain competitive pricing. Companies need to establish robust supply chains and strategic partnerships to mitigate risks associated with raw material procurement. Moreover, the increasing focus on sustainability may lead to greater scrutiny of material sourcing practices, further complicating the operational landscape for manufacturers.

Competitor Outlook

• Murata Manufacturing Co., Ltd.
• TDK Corporation
• Vishay Intertechnology, Inc.
• KEMET Corporation (now part of YAGEO Corporation)
• Würth Elektronik GmbH & Co. KG
• Coilcraft, Inc.
• AVX Corporation
• Delta Electronics, Inc.
• Panasonic Corporation
• Chilisin Electronics Corp.
• Nippon Chemi-Con Corporation
• Fenghua Advanced Technology Holding Co., Ltd.
• Samsung Electro-Mechanics Co., Ltd.
• Bourns, Inc.
• HITACHI Metals, Ltd.

The competitive landscape of the drum core inductors market is characterized by the presence of several key players who are continually striving to enhance their product offerings and market reach. Companies are increasingly investing in research and development to innovate and improve the performance of their inductors, as well as exploring opportunities in emerging markets and new applications. Strategic collaborations, mergers, and acquisitions are common strategies employed by these companies to strengthen their market position and expand their product portfolio. Additionally, manufacturers are focusing on sustainability initiatives to align with global trends that prioritize environmentally friendly practices, further influencing the competitive dynamics of the market.

Prominent companies such as Murata Manufacturing Co., Ltd. and TDK Corporation are leading the drum core inductors market, thanks to their established brand reputation and extensive product offerings. Murata is known for its advanced technologies and high-quality components, which are widely used in various applications, including automotive and consumer electronics. TDK, on the other hand, focuses on innovating magnetic materials and electronic components, offering a robust range of inductive solutions tailored to meet industry-specific needs. Both companies continue to invest heavily in research and development to maintain their competitive edge and adapt to evolving market demands.

Another notable player in the market is Vishay Intertechnology, Inc., which has a diverse portfolio of inductive components designed for various applications, including power management and signal processing. Their commitment to quality and performance has established them as a trusted supplier in the industry. KEMET Corporation, now part of YAGEO Corporation, also plays a significant role in the market, providing a wide range of capacitors and inductors designed for optimal performance in demanding applications. Their focus on technological innovation allows them to stay ahead of the curve and address the growing demands of modern electronic systems.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Bourns, Inc.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 AVX Corporation
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Coilcraft, Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 TDK Corporation
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 HITACHI Metals, Ltd.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Panasonic Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Delta Electronics, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Chilisin Electronics Corp.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Nippon Chemi-Con Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Vishay Intertechnology, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Murata Manufacturing Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Samsung Electro-Mechanics Co., Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Würth Elektronik GmbH & Co. KG
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Fenghua Advanced Technology Holding Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 KEMET Corporation (now part of YAGEO Corporation)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Drum Core Inductors Market, By Application
    • 6.1.1 Automotive
    • 6.1.2 Consumer Electronics
    • 6.1.3 Industrial
    • 6.1.4 Telecommunication
    • 6.1.5 Aerospace & Defense
  • 6.2 Drum Core Inductors Market, By Product Type
    • 6.2.1 Ferrite Drum Core Inductors
    • 6.2.2 Iron Powder Drum Core Inductors
    • 6.2.3 Amorphous Metal Drum Core Inductors
    • 6.2.4 Nanocrystalline Drum Core Inductors
    • 6.2.5 Hybrid Drum Core Inductors
  • 6.3 Drum Core Inductors Market, By Material Type
    • 6.3.1 Ferrite
    • 6.3.2 Iron Powder
    • 6.3.3 Amorphous Metal
    • 6.3.4 Nanocrystalline
    • 6.3.5 Hybrid
  • 6.4 Drum Core Inductors Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Drum Core Inductors Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Drum Core Inductors market is categorized based on

By Product Type

• Ferrite Drum Core Inductors
• Iron Powder Drum Core Inductors
• Amorphous Metal Drum Core Inductors
• Nanocrystalline Drum Core Inductors
• Hybrid Drum Core Inductors

By Application

• Automotive
• Consumer Electronics
• Industrial
• Telecommunication
• Aerospace & Defense

By Distribution Channel

• Direct Sales
• Distributor Sales

By Material Type

• Ferrite
• Iron Powder
• Amorphous Metal
• Nanocrystalline
• Hybrid

By Region

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

Key Players

• Murata Manufacturing Co., Ltd.
• TDK Corporation
• Vishay Intertechnology, Inc.
• KEMET Corporation (now part of YAGEO Corporation)
• Würth Elektronik GmbH & Co. KG
• Coilcraft, Inc.
• AVX Corporation
• Delta Electronics, Inc.
• Panasonic Corporation
• Chilisin Electronics Corp.
• Nippon Chemi-Con Corporation
• Fenghua Advanced Technology Holding Co., Ltd.
• Samsung Electro-Mechanics Co., Ltd.
• Bourns, Inc.
• HITACHI Metals, Ltd.