Scope of the Study
Transients are short-term spikes or surges in voltage or current that can possibly impact circuits in ways ranging from minor glitches to disastrous failure. A voltage transient can be from a few millivolts to thousands of volts, also they can last from nanoseconds to hundreds of milliseconds. Transient voltage suppressors (TVS) are devices that are aimed to react to unexpected or momentary overvoltage conditions. These devices protect vulnerable circuits from electrical overstress which are caused by inductive load switching, electrostatic discharge, and induced lightning. Within the TVS, harmful voltage spikes are restricted by clamping or avalanche action of a rugged silicon p-n junction which decreases the amplitude of the transient to a non-destructive level.
The market study is being classified by Type (Uni-polar TVS and Bi-polar TVS), by Application (Consumer electronic, Automotive electronics, Power Supplies, Industrial, Computer, Telecommunications and Others) and major geographies with country level break-up. According to AMA, the Global Transient Voltage Suppressors market is expected to see growth rate of 4.76% and may see market size of USD2080.0 Million by 2027.
Littelfuse, Inc. (United States), Vishay Intertechnology, Inc. (United States), ON Semiconductor (United States), STMicroelectronics (Switzerland), NXP Semiconductors (Philips) (Netherlands), Diodes Incorporated (United States), ANOVA Technologies Co. Ltd. (Taiwan), Semtech Corporation (United States), Bourns, Inc. (United States) and Diodes Incorporated (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are MDE Semiconductor, Inc. (United States), BrightKing Holdings Ltd. (China), UN semiconductor CO. Ltd. (Taiwan), Toshiba Electronic Devices & Storage Corporation (Japan) and Electronics Industry Public Company Limited (EIC) (Thailand).
The Players having a strong hold in the market are Vishay, Littelfuse, ON Semiconductor, NXP, Diodes Inc.. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Transient Voltage Suppressors market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Transient Voltage Suppressors market by Type, Application and Region. On the basis of Type, Bi-polar TVS are dominating the market in the year 2018 where as Uni-polar TVS stood as second largest market share.
On the basis of application, Industrial segment is dominating the market in the year 2018 where as Power Supplies segment stood as second largest market.
On the basis of geography, the market of Transient Voltage Suppressors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Drivers
- Minimum Incremental Surge Resistance and Availability of High Current Protection for 6KA to 10 KA
- Negligible Response Time and Comparatively more Efficiency than the Conventional Voltage Suppressors
Market Trend
- Transient Voltage Suppressors with Maximized Reverse Standoff Voltage Range
- TVS Devices with Minimal Operating Voltage
Restraints
- Comparatively Expensive than Other Voltage Controllers like Zener Diodes and other Resistors
- Minimal Energy Handling and Cost Involved In It
Opportunities
- Growing Demand for TVS Devices in Automotive Electronics
- Upsurging Opportunities and Excessive R&D Investments in the Electronics Equipment Manufacturing
Challenges
- Availability of Numerous Substitutes across the Globe
- Comparatively Expensive than other Electronic Voltage Suppressors and other Substitutes
Market Leaders and their expansionary development strategies
On November 1st, 2018, a global manufacturer of leading technologies in circuit protection, power control and sensing “Littelfuse, Inc.” has completed the acquisition of a start-up company based in Texas and specializing in the development of silicon carbide power device technology “Monolith Semiconductor, Inc.”, Littelfuse began partnering with Monolith in 2015 and has progressively increased its ownership following a series of technical and commercial product release milestones achieved over the last three years.
On January 16th, 2019, Vishay Intertechnology, Inc. has extended the Vishay Cera-Mite 715CxxKT series of ceramic screw-mounting disc capacitors with higher voltages to 50 kV DC. With low AC and DC coefficients and a negligible piezoelectric/electrostrictive effect, 715CxxKT series capacitors are specifically designed to function in circuits with high peak current and high repetition rates. The devices are optimized for high-frequency coupling and decoupling, laser excitation, and fast-repetition pulse circuitry in high voltage power supplies, CO2 lasers, and X-Ray and welding equipment, in which low losses and high permittivity are required.
Key Target Audience
Transient Voltage Suppressor Manufacturers, Transient Voltage Suppressor Distributors and Traders, Electronic Equipment Suppliers and Wholesalers, Research and Development Organizations, Electronics Industry Associations, Government Agencies and Others
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