The global Metal Oxide Varistor (MOV) market was valued at 215.35 Million USD in 2021 and will grow with a CAGR of 6.1% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

The Metal Oxide Varistor 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.The global market for metal oxide varistor (MOV) has been deriving much growth from the rising popularity of Internet of Things (IoT) across the world. The extensive increase in the demand for consumer electronic goods and the upsurge in the adoption of metal oxide varistor in automobile applications are also boosting the market`s progress remarkably.

By Market Verdors:

TDK Corp.

General Electric

KEMET Corp.

Moda-Innochips

MDE Semiconductor

Dean Technology

Centra Science Corp.

Amotech Corp.

Vishay Intertechnology

Murata Manufacturing

By Types:

Disc Metal Oxide Varistor

Strap Metal Oxide Varistor

Block Metal Oxide Varistor

Ring Metal Oxide Varistor

By Applications:

Automotive Electronics

Line Voltage Equipment

Wireless Handset Telecommunication

Industrial Power Electronics

Consumer Electronics

Lighting Ballasts

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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