Global Metal Oxide Varistors Market, By Type (Disk Metal Oxide Varistor, Belt Metal Oxide Varistor, Block Metal Oxide Varistor, Ring Metal Oxide Varistor, Other), By End User (Automotive Electronics, Consumer Electronics, Telecom Equipment, Industrial Power Electronics, Lighting). ). Ballasts, Other), by Construction (Surface Mount, Through Hole), by Distribution Channel (Manufacturer/Distributor/Service Provider, Aftermarket), by Region, Competitive Forecast and Opportunities, 2017-2027
NEW YORK, April 8, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report, “Global Metal Oxide Varistor Market, By Type, By End User, By Construction, By Sales Channel, By Region, Competition Forecast & Opportunities” known , 2017-2027″ – https://www.reportlinker.com/p06251549/?utm_source=GNW
Global Metal Oxide Varistors Market was valued at USD 8,693.25 million in 2021 and is expected to grow at a CAGR of 4.17% during the forecast period 2023-2027. Expected rollout of 5G technology and growing popularity of Internet of Things technology and devices are the main factors driving the global Metal Oxide Varistors market. Besides, the ongoing advances in metal oxide varistor technology and the rapid shift from traditional lighting to LED lighting are the other factors that are expected to accelerate the growth of the global metal oxide varistor market in the next five years.
Organizations’ adoption of digital technologies to streamline business operations and employee monitoring and tracking drives demand for connected devices. Also, growing consumer spending allows them to afford smart devices, including smartphones, laptops and monitors, which are prone to being damaged by voltage fluctuations and power outages.
The need to protect the devices from damage can be achieved through the use of metal oxide varistors. Growing sales of connected devices around the world are expected to accelerate the demand for the global Metal Oxide Varistors market over the next five years.
The global Metal Oxide Varistors market is segmented into type, end-user, construction, distribution channel, regional distribution, and competitive landscape. ring metal oxide varistor and others.
The disc metal oxide varistor dominated the market in 2021 with a market share of 41.56% and is expected to maintain its dominance throughout the forecast period. Disc metal oxide varistor is the most common voltage clamp and can be used for a wide range of voltages. It absorbs the destructive energy and dissipates the energy in the form of heat, preventing system damage.
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. are the leading market players operating in the global Metal Oxide Varistors market.
Years considered for this report:
Historical years: 2017-2020
Base year: 2021
Estimated year: 2022
Forecast period: 2023-2027
The aim of the study:
• Analysis of the historical growth of the market size of the global market for metal oxide varistors from 2017 to 2021.
• Estimate and forecast the market size of the global Metal Oxide Varistors market from 2022 to 2027 and its growth rate up to 2027.
• Classification and forecast of the global Metal Oxide Varistors market by type, end user, construction, sales channel, regional distribution and competitive landscape.
• Identification of drivers and challenges for the global Metal Oxide Varistors market.
• To study competitive developments such as expansions, new product launches, mergers and acquisitions, etc. in the global Metal Oxide Varistors market.
• Conducted price analysis for the global market for metal oxide varistors.
• Identification and analysis of the profile of leading players operating in the global Metal Oxide Varistors Market.
The analyst conducted both primary and extensive secondary research for this study. First, the analyst obtained a list of leading manufacturers around the world.
The analyst then conducted primary research surveys on the identified companies. During the interviews, respondents were also asked about their competitors.
Through this technique, the analyst could include the manufacturers that could not be identified due to the limitations of the secondary research. The analyst studied the Metal Oxide Varistors manufacturers, distribution channels and presence of all the major players operating in the global Metal Oxide Varistors market across the world.
The analyst calculated the global Metal Oxide Varistors market size using a bottom-up approach where data was recorded for different regions and projected for the coming years. The analyst sourced these values from industry experts and company representatives and validated them externally by analyzing historical data of these product types and applications to arrive at a reasonable overall market size.
The analyst also examined various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports.
Most important target group:
• Manufacturers/suppliers/distributors of metal oxide varistors
• Government entities such as regulators and policy makers
• Organizations, forums and alliances related to metal oxide varistors
• Market research and consulting companies
The study is useful in providing answers to several critical questions that are important to industry stakeholders such as metal oxide varistor manufacturers, suppliers, distributors and other stakeholders. The report would enable stakeholders to strategically plan investments and capitalize on emerging market opportunities.
In this report, the global Metal Oxide Varistors Market has been segmented into following categories in addition to the industry trends also detailed below:
• Metal Oxide Varistors Market by Type:
o Disc metal oxide varistor
o Tape metal oxide varistor
o Block metal oxide varistor
o Ring metal oxide varistor
• Metal Oxide Varistors Market, by End User:
o consumer electronics
o Telecommunications equipment
o Automotive electronics
o Industrial power electronics
o Lighting ballasts
• Metal Oxide Varistors Market by Design:
o through hole
o Surface mount
• Metal Oxide Varistors Market by Distribution Channel:
o Manufacturers/dealers/service providers
• Metal Oxide Varistors Market by Region:
o Asia Pacific
o North America
o Middle East and Africa
United Arab Emirates
o South America
Company Profiles: Detailed analysis of the key companies operating in the global Metal Oxide Varistors market.
With the given market data, we offer adjustments to the specific needs of a company. The following customization options are available for the report:
• Detailed analysis and profiling of additional market participants (up to five).
Read the full report: https://www.reportlinker.com/p06251549/?utm_source=GNW
above report linker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research data you need—instantly and in one place.
CONTACT: Clare: email@example.com US: (339)-368-6001 Intl: +1 339-368-6001