Global revenue of Chip Varistor has kept growing during the past five years with an average growth rate of 5.12%. Compared to 2020, Chip Varistor market managed to increase volume by 7.16 percent to 71604.32 million pcs worldwide in 2021 from 66818.18 million pcs in 2020.
Chip Varistor
Chip Varistors are a type of electronic component that is used in electronic systems to protect them from high voltages. These high voltages can Damage the components inside the system, leading to a loss of functionality or even an explosion. Chip Varistors can also be used in power supplies and other electronic devices to protect them from over-current and over-voltage conditions.
Global revenue of Chip Varistor has kept growing during the past five years with an average growth rate of 5.12%. Compared to 2020, Chip Varistor market managed to increase volume by 7.16 percent to 71604.32 million pcs worldwide in 2021 from 66818.18 million pcs in 2020. Overall, the Chip Varistor market performance is positive, despite the weak economic environment.
Report Sample includes: Table of Contents
List of Tables & Figures
Charts
Research Methodology
Get FREE Sample of this Report at https://www.intelmarketresearch.com/download-free-sample/2/chip-varistor-market
The global Chip Varistor market is forecasted to keep the trend and expand to $ 994.25 million by 2028 from $ 617.25 million in 2022, growing at a CAGR of 8.27% from 2022 to 2028. And it is expected to reach 137707.67 million Pcs in 2028, in terms of volume.
Chip Varistor is a key component in the safety and reliability of semiconductor and electronic devices.
There are several reasons why chip varistors are important. First, they protect semiconductor chips from overheating. Overheating can damage the microchips and cause them to fail. Chip varistors help to prevent this by cooling the chip.
Second, chip varistors protect electronic devices from power surges. These surges can cause damage to the device, especially if they are powerful enough to overheat the chip. Chip varitors help to protect electronic devices from these surges by absorbing the energy before it can do any damage.
Finally, chip varistors are used in safety systems and medical equipment. They help to prevent malfunctions and errors in these systems.
Segment Analysis:
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
We surveyed the Chip Varistor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segment by Manufacturers of Chip Varistors:
Chip Varistor market is Market concentration is high, and manufacturers are mainly concentrated in Japan, Germany and South Korea. TDK is the world leading player in global Chip Varistor market with the market share of 16.58% in 2021, in terms of revenue, followed by Panasonic, AVX, KOA Corporation, Littelfuse, MARUWA, Lattron, Shenzhen Sunlord, JOYIN and Sinochip Electronics. The top 11 listed companies accounted for 70.37% of the revenue market share in 2021.
TDK
Panasonic
AVX
KOA Corporation
Littelfuse
MARUWA
Lattron
Shenzhen Sunlord
JOYIN
Sinochip Electronics
AMO group
The information for each competitor/Company Profile includes:
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Competitor Analysis:
The report also provides analysis of leading market participants including:
Key companies Chip Varistor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Chip Varistor revenues share in global market, 2021 (%)
Key companies Chip Varistor sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Chip Varistor sales share in global market, 2021 (%)
Segment by Type
General Grade
Automotive Grade
Segment by Application
Mobile Mobile Electronic Device
TVs
AV Devices
