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Disc Metal Oxide Varistor Market Latest Technological Developments Report by 2032
Disc Metal Oxide Varistor Market
The Disc Metal Oxide Varistor research report will also study market share for major stakeholders in their global capacity as transformers of the global scale. This qualitative and quantitative analysis will include key product offerings, key differentiators, revenue share, market size, market status, and strategies. The report will also cover key agreements, collaborations, and global partnership soon to change dynamics of the market on a global scale.
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The rising need for wireless phone telephony, industrial power electronics, automotive electronics, line voltage equipment, and consumer electronics applications is responsible for the expansion of the global MOV market. Additionally, the global MOV market is expanding because to the rising need for energy-efficient lighting ballasts.
Electrical equipment uses metal oxide varistors as a sort of electronic component to guard against high voltages. The varistor will heat up and ultimately fail when a high voltage is given to it. They are crucial because they aid in preventing damage to electronic equipment from these voltage surges and spikes. It is made up of a conductive polymer membrane and an electrolyte solution with metal oxides, such as salts of zinc or copper. The electrolyte's presence permits free current passage via the membrane but prohibits direct contact between electrodes and short circuits.
Application Insights:
The market is divided into categories based on application, including Lighting Ballasts, Industrial Power Electronics, Wireless Handset Telecommunication, Automotive Electronics, Line Voltage Equipment, and Others. In 2019, the market was driven by the automotive electronics application sector, which brought in more than 30% of worldwide revenue. Powertrain control modules (PCM), body electrical systems, and lighting ballasts are just a few examples of the automobile electronic systems that utilise MOVs as protection devices.
Regional Analysis:
In 2015, the Asia Pacific metal oxide varistor market dominated the industry globally and generated more than 40% of total revenue. Due to rising demand from end-use sectors like automotive, consumer electronics, industrial & power electronics, and lighting ballasts, the region is anticipated to maintain its dominance during the forecast period. The Asia Pacific MOV market will be driven by the swift expansion of the automotive production bases in China, India, and Japan together with expanding infrastructural development. Due to significant product utilisation across a variety of applications, including wireless telecom phones and routers, consumer electronics (DVRs), and lighting ballasts, Europe was the second-largest regional sector in terms of revenue share in 2015.
Market Segmentation
Global Disc Metal Oxide Varistor Market: Segmentations
Global Disc Metal Oxide Varistor Market: By Key Players
ABB
SIEMENS
TOSHIBA
Elpro
MacLean Power Systems
OTOWA Electric
MEIDENSHA CORPORATION
Nanyang Jinguan
Pinggao
RIGHT ELECTRIC
Zhejiang Bitai
YUEQING TIANYI
Nanyang Zhongwei
Nanyang Jinniu
Wuhan Yinghe
Global Disc Metal Oxide Varistor Market: By Types
LV MOV
HV-MV MOV
Global Disc Metal Oxide Varistor Market: By Applications
Telecommunication
Power
Building
Railway
Petrochemical
New Energy
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Global Disc Metal Oxide Varistor Market: Regional Analysis
The countries covered in the regional analysis of the Global Disc Metal Oxide Varistor market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Objectives of the Study:
• To provide with an exhaustive analysis on the Disc Metal Oxide Varistor Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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