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.
This report contains market size and forecasts of Ring Metal Oxide Varistor (MOV) in global, including the following market information:
Global Ring Metal Oxide Varistor (MOV) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Ring Metal Oxide Varistor (MOV) Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five Ring Metal Oxide Varistor (MOV) companies in 2021 (%)
The global Ring Metal Oxide Varistor (MOV) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
LV MOV Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Ring Metal Oxide Varistor (MOV) include ABB, SIEMENS, TOSHIBA, Elpro, MacLean Power Systems, OTOWA Electric, MEIDENSHA CORPORATION, Nanyang Jinguan and Pinggao, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ring Metal Oxide Varistor (MOV) 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.
Total Market by Segment:
Global Ring Metal Oxide Varistor (MOV) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Ring Metal Oxide Varistor (MOV) Market Segment Percentages, by Type, 2021 (%)
LV MOV
HV-MV MOV
Global Ring Metal Oxide Varistor (MOV) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Ring Metal Oxide Varistor (MOV) Market Segment Percentages, by Application, 2021 (%)
Power
Building
Railway
Petrochemical
New Energy
Others
Global Ring Metal Oxide Varistor (MOV) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Ring Metal Oxide Varistor (MOV) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ring Metal Oxide Varistor (MOV) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Ring Metal Oxide Varistor (MOV) revenues share in global market, 2021 (%)
Key companies Ring Metal Oxide Varistor (MOV) sales in global market, 2017-2022 (Estimated), (M Units)
Key companies Ring Metal Oxide Varistor (MOV) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
SIEMENS
TOSHIBA
Elpro
MacLean Power Systems
OTOWA Electric
MEIDENSHA CORPORATION
Nanyang Jinguan
Pinggao
RIGHT ELECTRIC
Zhejiang Bitai
YUEQING TIANYI
Nanyang Zhongwei
Nanyang Jinniu
Wuhan Yinghe