DUBLIN--(BUSINESS WIRE)--The "Global Metal Oxide Varistor Market, By Type (Disc Metal Oxide Varistor, Strap Metal Oxide Varistor, Block Metal Oxide Varistor, Ring Metal Oxide Varistor, Others), By End User, By Construction, By Sales Channel, By Region, Competition Forecast & Opportunities, 2017-2027" report has been added to ResearchAndMarkets.com's offering.
The Global Metal Oxide Varistor Market was valued at USD8,693.25 million in 2021 and is anticipated to grow at a CAGR of 4.17% in the forecast period, 2023-2027.
The expected roll-out of 5G technology and the growing popularity of the Internet of Things technology and devices are the primary factors driving the Global Metal Oxide Varistor Market. Also, the ongoing advancements in metal oxide varistor technology and the rapid shift from traditional lighting to LED lighting are the other factors expected to accelerate the growth of the Global Metal Oxide Varistor Market through the next five years.
The adoption of digital technology by organizations to optimize business operations and employee monitoring and tracking boosts the demand for connected devices. Also, the growing expenditure of consumers is enabling them to afford smart devices, including smart phones, laptops, monitors, which are prone to get damaged due to fluctuating voltage and power outages. Need to protect the devices from getting damaged can be done by using metal oxide varistor. The growing sales of connected devices across the globe are expected to accelerate the demand for the Global Metal Oxide Varistor Market through the next five years.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the Global Metal Oxide Varistor Market from 2017 to 2021
- To estimate and forecast the market size of the Global Metal Oxide Varistor Market from 2022 to 2027 and growth rate until 2027
- To classify and forecast the global metal oxide varistor market into type, end-user, construction, sales channel, regional distribution, and
Competitive Landscape
- To identify drivers and challenges for the Global Metal Oxide Varistor Market
- To examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in the Global Metal Oxide Varistor Market
- To conduct pricing analysis for the Global Metal Oxide Varistor Market
- To identify and analyze the profile of leading players operating in the Global Metal Oxide Varistor Market
Report Scope:
In this report, the Global Metal Oxide Varistor Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Metal Oxide Varistor Market, By Type:
- Disc Metal Oxide Varistor
- Strap Metal Oxide Varistor
- Block Metal Oxide Varistor
- Ring Metal Oxide Varistor
- Others
Metal Oxide Varistor Market, By End-User:
- Consumer Electronics
- Telecom Equipment
- Automotive Electronics
- Industrial Power Electronics
- Lighting Ballasts
- Others
Metal Oxide Varistor Market, By Construction:
- Through Hole
- Surface Mounted
Metal Oxide Varistor Market, By Sales Channel:
- Manufacturer/Distributor/Service Provider
- Aftermarket
Metal Oxide Varistor Market, By Region:
- Asia-Pacific
- China
- Japan
- Taiwan
- South Korea
- India
- Australia
- Europe
- Germany
- United Kingdom
- France
- Italy
- Russia
- Spain
- Netherlands
- Poland
- North America
- United States
- Canada
- Mexico
- Middle East & Africa
- Saudi Arabia
- United Arab Emirates
- South Africa
- South America
- Brazil
- Argentina
- Colombia
- Chile
Companies Mentioned
- TDK Corporation
- Kemet Corporation
- Vishay Intertechnology, Inc.
- Murata Manufacturing Co., Ltd.
- Littelfuse, Inc.
- Panasonic Corporation
- Elpro International Limited
- Dean Technology, Inc.
- MDE Semiconductor, Inc.
- Amotech Co., Ltd.
- Kyocera AVX Components Corporation
- General Electric Company
- Moda-InnoChips Co., Ltd.
- Centra Science Corp.
- Chenshuo Electronics (Jiujiang) Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/6cthmh
