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Worldwide Metal Oxide Varistor Industry Report to 2027 - Competition Forecasts and OpportunitiesDUBLIN, April 22, 2022 /PRNewswire/ -- 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. The Global Metal Oxide Varistor Market is segmented into type, end-user, construction, sales channel, regional distribution, and competitive landscape. Based on type, the market is divided into disc metal oxide varistor, strap metal oxide varistor, block metal oxide varistor, ring metal oxide varistor, and others. The disc metal oxide varistor dominated the market in 2021 by capturing 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 clamper and can be used for a wide variety of voltage. It absorbs the destructive energy and dissipates the energy in the form of heat, thereby preventing system damage. TDK Corporation, Kemet Cororation, 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 Varistor Market. Years considered for this report:
Objective of the Study:
Competitive Landscape
Key Topics Covered: 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Impact of COVID-19 on Global Metal Oxide Varistor Market 5. Voice of Customer 6. Global Metal Oxide Varistor Market Outlook 7. Asia-Pacific Metal Oxide Varistor Market Outlook 8. Europe Metal Oxide Varistor Market Outlook 9. North America Metal Oxide Varistor Market Outlook 10. Middle East & Africa Metal Oxide Varistor Market Outlook 11. South America Metal Oxide Varistor Market Outlook 12. Market Dynamics 13. Market Trends and Developments 14. Various Technologies Used for Varistors 15. Value Chain Analysis 16. Production Process of Metal Oxide Varistor 17. Specifications of Metal Oxide Varistor 18. Amount of Investment Needed for Metal Oxide Varistor Business 19. Company Profiles 20. Strategic Recommendations For more information about this report visit https://www.researchandmarkets.com/r/7y5vio Media Contact: View original content:https://www.prnewswire.com/news-releases/worldwide-metal-oxide-varistor-industry-report-to-2027---competition-forecasts-and-opportunities-301530873.html SOURCE Research and Markets |