Press release
Metal Oxide Varistor (MOV) Market To Reach US$20.79 bn In 2025 With Growth At A CAGR Of 11.7%
Global Metal Oxide Varistor (MOV) Market: Overview
The report covers the analysis and forecast of the metal oxide varistor (MOV) market on a global and regional level. The study provides historic data of 2016 along with the forecast for the period between 2017 and 2025 based on revenue (US$ Bn).
The report provides the size of the metal oxide varistor market in 2016 and the forecast for the next nine years up to 2025. The size of the global metal oxide varistor market is provided in terms of revenue. Market revenue is defined in US$ Bn. The market size and forecast for each type and end user segment are provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different end users and types. Market dynamics prevalent in North America, Europe and Asia-Pacific have been taken into account for estimating the growth of the global market.
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Global Metal Oxide Varistor (MOV) Market: Segmentation
The study provides an in depth analysis view of the metal oxide varistor market by segmenting it based on type, end user industry, construction and composition. On the basis of type, the metal oxide varistor market has been further segmented into disc metal oxide varistor, strap metal oxide varistor, block metal oxide varistor and ring metal oxide varistor among others. Others metal oxide varistor segment includes chip varistor, multilayered chip varistor and many others.
On the basis of end user industry, the metal oxide varistor market is segmented into automotive electronics, line voltage equipment, wireless handset telecommunication, industrial power electronics, consumer electronics, lighting ballasts and others. Others end user segment includes defense, aerospace and healthcare among others. Geographical segmentation signifies the current and forecast demand for North America, Europe, Asia-Pacific, Middle East & Africa (MEA) and Latin America. These have been further sub-segmented into countries and regions in relevance to the market. The segmentation also includes demand for individual type, construction and end user in all regions.
Global Metal Oxide Varistor (MOV) Market: Research Methodology
Market estimates for this study have been based revenue being derived through regional demand trends. Demand for metal oxide varistor has been derived by analyzing the global and regional demand for metal oxide varistor in each application for its respective functions. The global metal oxide varistor market has been analyzed based on expected demand. Forecasts have been based on the expected revenue of metal oxide varistor’s type, application in different end user sector. We have used the bottom-up approach to estimate the global revenue of metal oxide varistor market split into regions. Revenue has been determined with the help of revenue of each type and application in each region that again is derived from the percentage share of each segment.
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Later, we have summed up the individual revenues from all the regions to achieve the global revenue for metal oxide varistor. The end user split of the market has been derived using a bottom-up approach for each regional market separately, with the global end user segment split being an integration of regional estimates. Companies were considered for the market share analysis based on their product portfolio, revenue, and manufacturing capacity. In the absence of specific data related to the sales of metal oxide varistor of several privately held companies, calculated assumptions have been made in view of the company’s product portfolio and regional presence along with the demand for products in its portfolio.
Global Metal Oxide Varistor (MOV) Market: Competitive Analysis
The competitive profiling of the key players in the global metal oxide varistor market across five broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of metal oxide varistor. A descriptive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Additionally, the report includes potential opportunities in the metal oxide varistor market on the global and regional level. Market dynamics are the factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2017–2025, along with offering an inclusive study of the metal oxide varistor market.
The report covers a detailed competitive outlook that includes market share and company profiles of key players operating in the global market. Key players profiled in the report are TDK Corporation, General Electric, KEMET Corporation, Dean Technology Inc., Moda-Innochips Co. Ltd., MDE Semiconductor Inc., Centra Science Corp., Amotech Corp., Vishay Intertechnology Inc. and Murata Manufacturing Co. Ltd. among others.?
The global metal oxide varistor (MOV) market has been segmented into:
By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
Italy
Germany
France
Rest of Europe
Asia Pacific
India
China
Japan
Rest of Asia Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
Latin America
Brazil
Rest of Latin America
By Type
Disc metal oxide varistor
Strap metal oxide varistor
Block metal oxide varistor
Ring metal oxide varistor
Others
By End User
Automotive Electronics
Line Voltage Equipment
Wireless Handset Telecommunication
Industrial Power Electronics
Consumer Electronics
Lighting Ballasts
Others
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Table of Content
Chapter 1 Preface
1.1 Research Scope
1.2 Market Segmentation
1.3 Research Objectives
1.4 Key Questions Answered
Chapter 2 Assumptions and Research Methodology
2.1 Report Assumptions
2.2 Acronyms Used
2.3 Research Methodology
Chapter 3 Executive Summary
3.1 Global Metal Oxide Varistor (MOV) Market Snapshot
3.2 Market Opportunity Map
3.3 Zinc Oxide (ZnO) as Composition
Chapter 4 Market Dynamics
4.1 Overview
4.2 Market Taxonomy
4.3 Key Trends Analysis
4.4 Drivers and Restraints Snapshot Analysis
4.5 Drivers
4.5.1 Reduced Input Cost
4.5.2 Increased market penetration
4.5.3 Increased awareness of safety devices
4.6 Restraints
4.6.1 Increase in usage of advanced substitutes
4.7 Opportunities
4.8 Opportunity Analysis
Chapter 5 Global Metal Oxide Varistor Market Analysis, by Type, 2017–2025
5.1 Key Trends Analysis
5.2 Introduction
5.3 Global Metal Oxide Varistor Market, Revenue Share Analysis, by Type, 2016–2025
5.4 Global Metal Oxide Varistor Market Analysis, by Type, 2017-2025
5.4.1 Global Metal Oxide Varistor (MOV) Market for Disc varistor, Revenue (US$ Bn), 2016–2025
5.4.2 Global Metal Oxide Varistor (MOV) Market for Strap varistor, Revenue (US$ Bn), 2016–2025
5.4.3 Global Metal Oxide Varistor (MOV) Market for Block varistor, Revenue (US$ Bn), 2016–2025
5.4.4 Global Metal Oxide Varistor (MOV) Market for Ring varistor, Revenue (US$ Bn), 2016–2025
5.4.5 Global Metal Oxide Varistor (MOV) Market for Other varistor, Revenue (US$ Bn), 2016–2025
5.5 Global Metal Oxide Varistor Market Attractiveness Analysis, by Type, 2017-2025
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