A Metal Oxide Varistor (MOV) is a protection component used in power supply circuits that is powered directly from AC mains. The Metal Oxide Varistor or MOV is a voltage dependent, nonlinear device that provides excellent transient voltage suppression. The Metal Oxide Varistor is designed to protect various types of electronic devices and semiconductor elements from switching and induced lightning surges.
Figure Product Picture of Metal Oxide Varistor
As the technology of Metal Oxide Varistor is relatively mature and the downstream market, especially for industrial market is growing fast, so there are lots of enterprises in the Metal Oxide Varistor market. The high-end Metal Oxide Varistor is mainly produced in Europe and United States because their advanced R&D level, while more than 46% of Metal Oxide Varistor are produced in China which is the most significant consumption region as well. The Metal Oxide Varistor market competition will be still intense. Thinking Electronic is the leading manufacturer in the global Metal Oxide Varistor market with the market share of 36.79%, in terms of revenue, followed by TDK, Littelfuse, Panasonic, Bourns, Nippon Chemi-Con, Elpro International, Shiheng, Varsi (Raycap), JOYIN, Fenghua, Songtian Electronics (STE), Semitec Corporation, KOA Corporation, Xiamen SET Electronics, Kestar Electronic, Lattron, Fatech Electronic, Zhengli Group, Synton–Tech and Sinochip Electronics. The top 21 listed companies accounted for 89% of the market share in 2018.
Metal Oxide Varistor is widely adopted across industry, as the MOV has been used for a multitude of applications, including Consumer Electronics, Telecommunication, Home Appliance, Automotive, Industrial Equipment and Gas and Petroleum, etc. Among them, Consumer Electronics segment accounted for the most of market share (26.97% in 2018), in terms of volume, while Industrial Equipment segment accounted for 6.06%, which would grow with highest rate during the forecast period. Briefly speaking, in the next few years, Metal Oxide Varistor industry will still be an energetic industry.
The Metal Oxide Varistor market was valued at 197.6 Million US$ in 2018 and is projected to reach 299.5 Million US$ by 2025, at a CAGR of 6.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Metal Oxide Varistor.
This report presents the worldwide Metal Oxide Varistor market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Thinking Electronic
TDK
Littelfuse
Panasonic
Bourns
Nippon Chemi-Con
Elpro International
Shiheng
Varsi (Raycap)
JOYIN
Fenghua
Songtian Electronics (STE)
Semitec Corporation
KOA Corporation
Xiamen SET Electronics
Kestar Electronic
Lattron
Fatech Electronic
Zhengli Group
Synton–Tech
Sinochip Electronics
Metal Oxide Varistor Breakdown Data by Type
SMD Type
Leaded Type
Metal Oxide Varistor Breakdown Data by Application
Consumer Electronics
Telecommunication
Home Appliance
Automotive
Industrial Equipment
Gas and Petroleum
Others
Metal Oxide Varistor Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Metal Oxide Varistor Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Metal Oxide Varistor status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Metal Oxide Varistor manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Metal Oxide Varistor :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Million Pcs). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Metal Oxide Varistor market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Metal Oxide Varistor . Industry analysis & Market Report on Metal Oxide Varistor is a syndicated market report, published as Global Metal Oxide Varistor Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Metal Oxide Varistor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.