ESD Protection Devices Market Set to Surge Significantly During 2017-2027

Electrical devices ranging from PCs to Machines are of critical importance to consumers and enterprises and their failure can be a cause of large financial as well as operational losses. Moreover, ICs embedded in Electrical devices are extremely sensitive and can fail if Electrostatic current is applied to it. Static current can come into contact with an IC when a charged metal or a human body comes in contact with the device directly or indirectly.

ESD Protection Devices are employed at all points where electrical devices are likely to come in contact with a person or an object. ESD protection devices channelize an electrostatic surge to the ground in order to protect the device. ESD protection Devices have become an essential component of modern electronics as ICs are isolated from the ground to prevent impairment of data communications.

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ESD Protection Devices Market: Drivers & Challenges

Devices such as laptops are becoming crucial to enterprises and consumers, and are at the base of all technological innovations. This has made it necessary for these devices to be protected in order to keep them running. This has driven device manufacturers to include ESD protection devices into their products. However, by function ESD protection devices can function only when connected to a ground source as their primary function is to channelize an electrostatic surge to the ground. ESD protection devices cannot be used effectively on a standalone battery based device which is not connected to a ground source. This is a major impeding factor in the growth of the market for ESD Protection Devices.

ESD Protection Devices Market: Segmentation

Segmentation of ESD Protection Devices Market, By Type

Ceramic based ESD Protection Devices:

ESD Protection devices manufactured using ceramic based materials.

Semiconductor based ESD Protection Devices

High tech Semiconductor based ESD Protection Devices made for usages in Laptops, mobile phones, Digital Camera and other consumer electronics.

ESD Protection Devices Market: Regional Overview

North America is expected to lead the ESD Protection Devices market in terms of market share followed by Asia Pacific and Western Europe. The growth of ESD Protection Devices market in North America will be fuelled by the higher adoption of Consumer electronics. Whereas the demand of ESD Protection Devices in Asia Pacific will be primarily driven by the growth in manufacturing sector.

ESD Protection Devices Market: Competitive Landscape

Key Contracts/Agreement/Acquisitions

In March 2016 Littlefuse, a circuit protection device manufacturer acquired the circuit protection business of TE connectivity, a polymer-based resettable circuit protection devices manufacturer

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Key Players

The major players in ESD Protection Devices market include Murata Manufacturing, STMicroelectronics, Texas Instruments, Nexperia, Littlefuse, Inc., Bourns, Inc., Semtech Corporation, ROHM Semiconductor, ProTek Devices & Infineon Technologies

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