Global ESD suppressor market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of ~5% during the forecast period.
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Global ESD Suppressor Market Definition
ESD stands for electrostatic discharge. It is an unexpected or unwanted flow of electricity between two electrically charged objects. The device is designed and manufactured to suppress the electrostatic discharge and to protect electronic systems and components from this unwanted electricity flow is called as ESD suppressor.
Global ESD Suppressor Market Dynamics
Nowadays, various applications such as industrial machineries, power tools, and many other industrial devices and solutions with high current use ESD suppressors to avoid the challenging situations of sudden flow of current and voltage, which is the major driving factor behind the growth of the market. An increasing demand for ESD suppressors for high speed data line applications, rising need to protect electronic devices from overvoltage and sudden breakdown and growing adoption of ESD suppressors in consumer electronics devices such as TVs, monitors and many other electronic devices are expected to improve growth of the market during the forecast period.
Nevertheless, massive availability of alternative overvoltage protection devices is major restraining factor that could obstruct the growth of the market.
Global ESD Suppressor Market: Segmentation Analysis
By material type, polymeric segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. A growing adoption of polymeric ESD suppressors in applications such as consumer electronics products with high frequency data input and output and in high data rate connectivity devices is accredited to the growth of the market. A polymeric ESD suppressor provides some benefits such as fast response time, low leakage current, protection for low voltage and high frequency applications and ultra-low capacitance, which make them more demandable in various electronic application, which is ultimately propelling the growth of the market.
By industry, electronics and telecommunication segment is expected to witness high growth at a CAGR of XX% during the forecast period. An increasing demand for ESD suppressors in electronics applications such as in computers, data processing and test equipment and mobile communication application is attributed to the growth of the market. Alternatively, market for automotive segment is witnessing the fastest growth at a CAGR of XX%. An increasing trend of electric and hybrid vehicles and rising demand for ESD protection for applications such as for overvoltage protection e.g. airbag controllers, car drivers interface protection and car multimedia line protection is expected to impel growth of the market during the forecast period.
Global ESD Suppressor Market: Regional Analysis
Region-wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. Countries such as China, Japan, India, and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the growing market for consumer electronics and semiconductor manufacturing industry across the region.
A vast presence of various leading ESD suppressor manufacturing companies, increasing adoption rate of household consumer electronic devices such as TV sets, home inverters, PCs and other electronics power devices, rising demand from automotive industry, growing trend of electric and hybrid vehicles and surge in the adoption of ESD suppressors in power generation applications are driving the growth of the market in APAC region.
The objective of the report is to present a comprehensive analysis of the Global ESD Suppressor Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global ESD Suppressor Market dynamics, structure by analyzing the market segments and projects the Global ESD Suppressor Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global ESD Suppressor Market make the report investor’s guide.
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Global ESD Suppressor Market, By Material Type
Global ESD Suppressor Market, By Industry
• Electronics and Telecommunication
Global ESD Suppressor Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global ESD Suppressor Market, Key Players
• Panasonic Corporation
• AEM Components, Inc
• NXP Semiconductors
• Abracon Corporation
• Littelfuse, Inc
• Bourns, Inc
• Würth Elektronik GmbH & Co. KG
• INPAQ Technology Co., Ltd
• Avnet Inc
• Digi-Key Electronics
• Vishay Intertechnology
• ON Semiconductor
• Texas Instruments
• Arrow Electronics, Inc
• Maxim Integrated
• NIC components Corp.
• Mouser Electronics
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