Jan 29, 2021   SOURCE: BusinessWire

Global Metal Oxide Varistor (MOV) Market Trajectory & Analytics Report 2020-2027 - ResearchAndMarkets.com

The "Metal Oxide Varistor (MOV) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Metal Oxide Varistor (MOV) estimated at US$9.4 Billion in the year 2020, is projected to reach a revised size of US$18.8 Billion by 2027, growing at a CAGR of 10.4% over the analysis period 2020-2027.

Disc MOV, one of the segments analyzed in the report, is projected to record a 12.2% CAGR and reach US$3.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Strap MOV segment is readjusted to a revised 8.7% CAGR for the next 7-year period.

The U. S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 9.7% CAGR

The Metal Oxide Varistor (MOV) market in the U. S. is estimated at US$2.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2027 trailing a CAGR of 9.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.4% and 8.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.

Block MOV Segment to Record 9.2% CAGR

In the global Block MOV segment, USA, Canada, Japan, China and Europe will drive the 9.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.3 Billion in the year 2020 will reach a projected size of US$2.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.2 Billion by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Metal Oxide Varistor (MOV) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • Centra Science Corp.
  • Dean Technology, Inc.
  • General Electric Company
  • KEMET Corporation
  • MDE Semiconductor, Inc.
  • Moda-Innochips Co. Ltd.
  • Murata Manufacturing Co., Ltd.
  • TDK Corporation
  • Vishay Intertechnology, Inc.

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • Disc MOV (Type) World Market by Region/Country in US$ Million: 2020 to 2027
  • Disc MOV (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
  • Strap MOV (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • Strap MOV (Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
  • Block MOV (Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • Block MOV (Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
  • Ring MOV (Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
  • Ring MOV (Type) Market Share Breakdown by Region/Country: 2020 VS 2027
  • Other Types (Type) World Market by Region/Country in US$ Million: 2020 to 2027
  • Other Types (Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
  • Automotive Electronics (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
  • Automotive Electronics (End-Use) Global Market Share Distribution by Region/Country for 2020 and 2027
  • Line Voltage Equipment (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
  • Wireless Handset Telecommunication (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
  • Industrial Power Electronics (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
  • Consumer Electronics (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
  • Lighting Ballasts (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
  • Other End-Uses (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
  • Surface Mount (Construction) World Market Estimates and Forecasts in US$ Million by Region/Country: 2020 to 2027
  • Through Hole (Construction) Market Opportunity Analysis Worldwide in US$ Million by Region/Country: 2020 to 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

  • Market Facts & Figures
  • Metal Oxide Varistor (MOV) Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • Metal Oxide Varistor (MOV) Market Estimates and Projections in US$ Million by Type: 2020 to 2027
  • Metal Oxide Varistor (MOV) Market Share Breakdown by Type: 2020 VS 2027
  • Metal Oxide Varistor (MOV) Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
  • Metal Oxide Varistor (MOV) Market Share Breakdown by End-Use: 2020 VS 2027
  • Metal Oxide Varistor (MOV) Market Estimates and Projections in US$ Million by Construction: 2020 to 2027
  • Metal Oxide Varistor (MOV) Market Share Breakdown by Construction: 2020 VS 2027

IV. COMPETITION

  • Total Companies Profiled: 51

For more information about this report visit https://www.researchandmarkets.com/r/igmyym