Global Metal Oxide Varistors Market – Global Industry Analysis and Forecast (2018-2026)
Global Metal Oxide Varistors Market was valued US$6.22 Bn in 2017 and is expected to reach US$16.76 Bn by 2026, at a CAGR of 13.19 % during a forecast period.
The report is segmented into terminal type, application type, and region. Further, metal oxide varistors market based on terminal type includes radial, axial, SMD & SMT, screw, and others. Application segment is classified into consumer electronics, automotive electronics, telecommunications equipment, and industrial equipment. Based on regions, the global metal oxide varistors market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa.
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Major driving factors of, global metal oxide varistors market are used to protect a circuit from high voltage surge, when a voltage surge exceeds a specified voltage, the varistors suppresses the voltage to protect the circuit. Metal oxide varistors is excellent protective devices because of their high reliability and application flexibility. Additionally, consumer awareness about safety and efficiency has the potential to boost the demand for metal oxide varistors. The restraints in the global metal oxide varistors market is fluctuation of raw material cost and rising price based competition during the forecast period.
Global Metal Oxide Varistors Market
Radial metal oxide varistor is currently dominating the market and expected to continue its dominance during forecast period owing to its efficiency to protect electronic devices from high voltage.
Automotive electronics, and industrial equipment is dominating the market due to increasing demand for smart devices and the large scale investments in communication technologies, industrial infrastructural.
growing demand for primary protection of equipment from burst is expected to create well opportunity for metal oxide varistors manufacturers in the forecast period.
In terms of the geography, Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America is considered as the prominent segments of the worldwide MOV market. Asia pacific to continue as global leader due to increasing demand for smart devices and the large scale investments in communication technologies in Asia pacific region, and remain on the top over the forecast period.
Some of the major players operating in the global metal oxide varistors market are TDK Corporation, KEMET Electronics Corporation, Dean Technology, Inc., MDE Semiconductor Inc., CeNtRa Science Corporation, Amotech Corporation, Vishay Intertechnology Inc., Murata Manufacturing Co. Ltd., Littelfuse, Inc., AVX Corporation, Bourns, Inc., and Panasonic Corporation.
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Scope of Global Metal Oxide Varistors Market:
Global Metal Oxide Varistors Market, by Terminal type:
• Radial
• Axial
• SMD & SMT
• Screw
• Others
Global Metal Oxide Varistors Market, by Application:
• Consumer Electronics
• Automotive Electronics
• Telecommunications Equipment
• Industrial Equipment
Global Metal Oxide Varistors Market, by Region:
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operated in Global Metal Oxide Varistors Market:
• TDK Corporation
• KEMET Electronics Corporation
• Dean Technology, Inc.
• MDE Semiconductor Inc.
• CeNtRa Science Corporation
• Amotech Corporation
• Vishay Intertechnology Inc.
• Murata Manufacturing Co. Ltd.
• Littelfuse, Inc.
• AVX Corporation
• Bourns, Inc.
• Panasonic Corporation.
MAJOR TOC OF THE REPORT
Chapter One: Metal Oxide Varistors Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Metal Oxide Varistors Market Competition, by Players
Chapter Four: Global Metal Oxide Varistors Market Size by Regions
Chapter Five: North America Metal Oxide Varistors Revenue by Countries
Chapter Six: Europe Metal Oxide Varistors Revenue by Countries
Chapter Seven: Asia-Pacific Metal Oxide Varistors Revenue by Countries
Chapter Eight: South America Metal Oxide Varistors Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Metal Oxide Varistors by Countries
Chapter Ten: Global Metal Oxide Varistors Market Segment by Type
Chapter Eleven: Global Metal Oxide Varistors Market Segment by Application
Chapter Twelve: Global Metal Oxide Varistors Market Size Forecast (2019-2026)
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