CSC Financial research note projects the AI-chip inductor market will expand
more than tenfold from 2025 to 2028, driven by rising compute and chip power.
Key upgrade paths: single-phase to multi-phase inductors; horizontal power
delivery to VPD (vertical power delivery); and NON-TLVR to TLVR inductors. The
report flags constraints from PCB area and falling power delivery efficiency as
drivers of the shift. Volume, price and structural change are cited as joint
drivers, with market size forecast to rise from 2.4 bln yuan in 2025 to over 30
bln yuan by 2028 as per-unit inductor usage and value increase.