Global Metal Oxide Varistor Market Growth 2025-2031

Global Metal Oxide Varistor Market Growth 2025-2031

The global Metal Oxide Varistor market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A Metal Oxide Varistor (MOV) is a protection component used in power supply circuits that is powered directly from AC mains. The Metal Oxide Varistor or MOV 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.

Figure Product Picture of Metal Oxide Varistor

Thinking Electronic is the leading manufacturer in the Chinese Metal Oxide Varistor market with the revenue share of 44.89%, followed by TDK, Shenzhen Shiheng, Xiamen Wanming, JOYIN, Songtian Electronics and Fenghua in 2019. The top 22 companies accounted for about 90% of the market share in 2019.

LP Information, Inc. (LPI) ' newest research report, the “Metal Oxide Varistor Industry Forecast” looks at past sales and reviews total world Metal Oxide Varistor sales in 2024, providing a comprehensive analysis by region and market sector of projected Metal Oxide Varistor sales for 2025 through 2031. With Metal Oxide Varistor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Oxide Varistor industry.

This Insight Report provides a comprehensive analysis of the global Metal Oxide Varistor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metal Oxide Varistor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Metal Oxide Varistor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Oxide Varistor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metal Oxide Varistor.

This report presents a comprehensive overview, market shares, and growth opportunities of Metal Oxide Varistor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
SMD Type Metal Oxide Varistor
Disc Type Metal Oxide Varistor

Segmentation by Application:
Consumer Electronics
Telecommunication
Home Appliance
Automotive
Industrial Equipment
Gas and Petroleum
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Thinking Electronic
TDK
Littelfuse
Panasonic
Bourns
Nippon Chemi-Con
Elpro International
Shiheng
Varsi (Raycap)
JOYIN
Fenghua
Songtian Electronics (STE)
Semitec Corporation
KOA Corporation
Xiamen SET Electronics
Kestar Electronic
Lattron
Fatech Electronic
Zhengli Group
Synton–Tech
Sinochip Electronics
Xiamen Wanming Electronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Metal Oxide Varistor market?

What factors are driving Metal Oxide Varistor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Metal Oxide Varistor market opportunities vary by end market size?

How does Metal Oxide Varistor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.