In 2026, the power magnetic components market will experience explosive growth driven by AI computing power, new energy vehicles, and new energy power generation

In 2026, driven by three major engines: AI computing power, new energy vehicles, and new energy power generation, the power magnetic component market continued its high growth and entered a new stage of hundreds of billions, with technology evolving towards high frequency, high power density, and miniaturization.

AI computing power is the strongest incremental engine. A single AI server integrates 80-120 inductors, which is 8-10 times that of a traditional server, with a value increase of 5-15 times. The market size of AI server power modules is expected to reach $15 billion in 2026, with a compound annual growth rate of 110%. NVIDIA has released coupled inductors for vertical power delivery (VPD) to drive industry form innovation. In Q1 2026, Boke New Materials achieved revenue of RMB 159 million from AI chip inductors, with a gross profit margin of 49.6%.

New energy vehicles serve as a ballast for value enhancement. China's plan to double the number of charging piles within three years aims to establish 28 million by the end of 2027, with the annual growth rate of supporting magnetic components reaching 40%-50%. The popularization of 800V high-voltage platforms and SiC/GaN technologies is driving the upgrade of components towards higher frequencies and higher voltages. Mingpu Guangci's SST solid-state transformer achieves a conversion efficiency of 98.5% and a volume reduction of over 60%.

New energy power generation and energy storage are fundamental pillars. The global market for magnetic components used in photovoltaic and energy storage inverters is expected to reach US$2.531 billion in 2026, with the unit value being several times higher than that in traditional fields. TDK, Coral, and Sunlord Electronics are among the major players.

Technological breakthroughs are focusing on new materials, new processes, and power supply architectures. Metal soft magnetic powder cores have become the preferred choice for high-current scenarios, and integrally molded inductors possess advantages such as high saturation current and resistance to electromagnetic interference. Magnetic integration and planar design facilitate miniaturization. The AI power supply architecture is evolving towards VPD, making the manufacturing of the next-generation TLVR inductors more challenging and narrowing the competitive field.

In 2026, the industry will be in a golden period of technology and demand resonance. Competition will revolve around AI computing power, high-voltage platforms, and magnetic integration. Grasping high-growth sectors such as AI chip inductors, integrated inductors, and high-frequency planar transformers, and laying out core technologies for metal soft magnetic powder cores and magnetic integration are key to winning the future.