Transient Voltage Suppressor Market to reach USD 1,529.02 Million by 2030, emerging at a CAGR of 7.9% and forecast 2023-2030
Transient Voltage Suppressor Market Overview:
The Transient
Voltage Suppressor Market Size
is expected to reach USD 1,529.02 Million by 2030, growing at a CAGR of 7.9% from
2023 to 2030.
TVs diodes protect electronic devices
from voltage spikes and surges caused by lightning strikes, power outages, and
electrostatic discharge (ESD).
TVs are widely used in power supplies,
data lines, telecommunications equipment, consumer electronics, automotive
electronics, and industrial equipment.
Transient Voltage Suppressor Market Drivers:
Increasing demand for reliable
electronics: Growing reliance on electronic devices in various sectors fuels
the need for protection against voltage transients.
Miniaturization of electronic
components: Smaller devices are more susceptible to damage from voltage spikes,
necessitating TVs with smaller footprints.
Growing adoption of Internet of Things
(IoT): The proliferation of interconnected devices creates a larger market for
TVs to safeguard them from transient voltage events.
Stringent regulatory requirements:
Regulations focusing on electronic device safety and electromagnetic
compatibility (EMC) drive TVS adoption.
Transient Voltage Suppressor Market Key
Players:
AVX Corporation
Bourns Inc.
BrightKing Inc.
Diodes Inc.
Infineon Technologies AG
Littelfuse Inc.
Microsemi Corporation
Nexperia
NXP Semiconductors N.V.
ON Semiconductor Corporation
Panasonic Corporation
ProTek Devices
ROHM Semiconductor
Remcom
Transient Voltage Suppressor Market
Segmentation:
By Type:
Uni-Polar TVS and Bi-Polar TVS
By Voltage:
Below 5V, 5V-10V, 10V-15V, 15V-20V, and Above 20V
By Packaging:
Surface Mount Technology (SMT), Through-Hole Technology (THT), and Others
By Application: DC Supply Protection, DC Load Protection, AC
Supply Protection, Elector-Magnetic Interference Limiting, Operational
Amplifier Protection, and Others
By End-User:
Automotive, Telecommunication, Industrial Power Supplies, Military/Aerospace,
Consumer Electronics, and Others
By Region:
North America, Europe, Asia-Pacific, Latin America, and Middle East &
Africa
Transient Voltage Suppressor Market Regional
Analysis:
Asia Pacific: Currently the largest
market due to the booming electronics manufacturing industry and growing demand
for consumer electronics.
North America: Significant Transient
Voltage Suppressor Market Share
driven by advanced electronics infrastructure and focus on product safety.
Europe: Stringent regulations and
growing adoption of automation in industries contribute to market growth.
Rest of the World: Increasing
investments in electronics manufacturing and infrastructure development present
future growth potential.
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