Semiconductors & Electronics Industry Metal Oxide Varistors Market Research, 2021 | Page 2

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Furthermore, the well-known worldwide growth of the power transmission and allocation electronics
applications is expected to propel the market for MOVs during the forecast period. In addition, the mounting
applications of medical electronics in both medical tests and scan market are anticipated to boost the global
MOV market.
Though there are frequent elements propelling the growth of the global market for MOVs , there are
convinced factors warning the market such as the price volatility of palladium over time, which is one of the
chief raw materials used to manufacture MOVs. Price volatility of raw materials of MOVs can cause
difficulties in completion of strategies by the MOV manufacturers. An additional factor that is held
responsible for constraining the Global MOV market is its appropriateness to only high “clamping voltage”.
This basically means that MOVs are suitable for conducting high connected energies a t low cost. Thus, MOV
manufacturers are unable to tap the market for low voltages. Global Metal Oxide Varistors market is
segmented by type into Surface mount and disc.
Global Metal Oxide Varistors Market is segmented by application into Electronic Dischar ge (ESD) and
Overvoltage protection. Global Metal Oxide Varistors Market is segmented by end user into Line voltage
equipment and lighting ballasts, industrial power electronics, automotive electronic subassemblies, wireless
handsets and other consumer electronics markets. Global Metal Oxide Varistors Market is segmented by
geographical region into North America, Europe, Asia Pacific (APAC), Middle East and Africa, and Latin
America.
The Key Players include AEM Inc, Amotech Company Limited, AVX Corporation, Centra Science Corp, Ceratech
Corporation, CKE, Inc-Dean Technology, Hiel Corporation, Hitech HK Co Ltd, Shantou Hongzhi enterprise Co.,
Ltd, Hyper-Sense Technology Co., Ltd, Innochips Technology Co., Ltd, Inpaq Technology Co.,Ltd, Ishizuka
Electronics Corporation, Joyin Co.,Ltd, Keko-Varicon, Koa Corporation, Littlefuse Inc, Maida Devlopment Co,
Mde Semicounductor Inc, Murata Manufacturing Co., Ltd, Ohizumi Manufacturing Co., Ltd., and Panasonic
Co,. Ltd.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/electronic-
devices-industry
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