Global Metal Oxide Varistor Industry Research Report, Growth Trends and Competitive Analysis 2019-2025

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In this report, the Electronics & Semiconductor market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Electronics & Semiconductor market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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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

As the technology of Metal Oxide Varistor is relatively mature and the downstream market, especially for industrial market is growing fast, so there are lots of enterprises in the Metal Oxide Varistor market. The high-end Metal Oxide Varistor is mainly produced in Europe and United States because their advanced R&D level, while more than 46% of Metal Oxide Varistor are produced in China which is the most significant consumption region as well. The Metal Oxide Varistor market competition will be still intense. Thinking Electronic is the leading manufacturer in the global Metal Oxide Varistor market with the market share of 36.79%, in terms of revenue, followed by 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 and Sinochip Electronics. The top 21 listed companies accounted for 89% of the market share in 2018.

Metal Oxide Varistor is widely adopted across industry, as the MOV has been used for a multitude of applications, including Consumer Electronics, Telecommunication, Home Appliance, Automotive, Industrial Equipment and Gas and Petroleum, etc. Among them, Consumer Electronics segment accounted for the most of market share (26.97% in 2018), in terms of volume, while Industrial Equipment segment accounted for 6.06%, which would grow with highest rate during the forecast period. Briefly speaking, in the next few years, Metal Oxide Varistor industry will still be an energetic industry.

The Metal Oxide Varistor market was valued at 197.6 Million US$ in 2018 and is projected to reach 299.5 Million US$ by 2025, at a CAGR of 6.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Metal Oxide Varistor.

This study focuses on the production side and consumption side of Metal Oxide Varistor, presents the global Metal Oxide Varistor market size by manufacturers, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.

In terms of production side, this report researches the Metal Oxide Varistor capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Metal Oxide Varistor by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

This report includes the following manufacturers; we can also add the other companies as you want.

Thinking Electronic





Nippon Chemi-Con

Elpro International


Varsi (Raycap)



Songtian Electronics (STE)

Semitec Corporation

KOA Corporation

Xiamen SET Electronics

Kestar Electronic


Fatech Electronic

Zhengli Group


Sinochip Electronics

Market Segment by Product Type

SMD Type

Leaded Type

Market Segment by Application

Consumer Electronics


Home Appliance


Industrial Equipment

Gas and Petroleum


Key Regions split in this report:

North America

United States







South Korea













Central & South America


Rest of Central & South America

Middle East & Africa

The study objectives are:

To analyze and research the global Metal Oxide Varistor status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

To present the key Metal Oxide Varistor manufacturers, capacity, production, revenue, market share, and recent development.

To split the breakdown data by regions, type, manufacturers and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Metal Oxide Varistor are as follows:

History Year: 2014-2019

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

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