バリスタおよびガス放電管 (GDT) 市場 – 2030年までの世界予測

Varistor and Gas Discharge Tubes (GDT) Market - Global Forecast to 2030

バリスタおよびガス放電管 (GDT) 市場 - 製品(バリスタ&GDT)、バリスタ(金属酸化物、SiC、酸化亜鉛)、GDT(スルーホール、SMT、ハイブリッド)、材質(セラミック&ガラス、石英)、電極(2電極、3電極) - 2030年までの世界予測
Varistor and Gas Discharge Tubes (GDT) Market by Product (Varistor & GDT), by Varistor (Metal Oxide, SiC, Zinc Oxide), GDT (Through-hole, SMT, Hybrid), Material (Ceramic & Glass, Quartz), Electrode (2-electrode, 3-electrode) - Global Forecast to 2030

商品番号 : SMB-80375


出版社MarketsandMarkets
出版年月2025年6月
ページ数227
図表数210
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本調査レポートは、バリスタおよびGDT市場を製品タイプ別、バリスタタイプ別、バリスタ用途別、GDTタイプ別、GDT電極数別、GDT電圧別、GDT材質別、GDT用途別、および地域(北米、欧州、アジア太平洋、その他の地域)別に分類しています。レポートは、バリスタおよびGDT市場の成長に影響を与える主要な要因(推進要因、制約要因、課題、機会など)に関する詳細な情報を網羅しています。主要業界プレーヤーの徹底的な分析により、事業概要、ソリューションとサービス、契約、パートナーシップ、合意、新製品・サービスの発売、買収などの主要戦略、そしてバリスタおよびGDT市場に関連する最近の動向に関する洞察が得られています。本レポートは、今後のバリスタおよびGDT市場エコシステムの新興企業に関する競合分析を網羅しています。

The global varistor and GDT market is expected to grow from USD 7.61 billion in 2025 to USD 9.19 billion by 2030 at a CAGR of 3.8%. The rising demand for robust surge protection in consumer electronics and smart devices is driving the market growth. As homes and businesses increasingly adopt interconnected and sensitive electronic equipment such as smart TVs, IoT devices, and home automation systems, ensuring consistent protection from voltage transients becomes critical. These systems are highly susceptible to damage from power surges caused by lightning strikes, switching operations, or unstable power supplies. Varistors and GDTs provide an effective and compact solution to mitigate these risks, making them essential components in device design. The growing proliferation of electronics in everyday life directly translates to higher adoption of these protective components across global markets.

バリスタとGDTの世界市場は、2025年の76億1,000万米ドルから2030年には91億9,000万米ドルに、年平均成長率3.8%で成長すると予想されています。民生用電子機器やスマートデバイスにおける堅牢なサージ保護の需要の高まりが、市場の成長を牽引しています。家庭や企業では、スマートテレビ、IoTデバイス、ホームオートメーションシステムなど、相互接続された高感度電子機器の導入が進んでおり、電圧過渡現象からの一貫した保護を確保することが重要になっています。これらのシステムは、落雷、スイッチング動作、不安定な電源に起因する電力サージによる損傷を受けやすい傾向があります。バリスタとGDTは、こうしたリスクを軽減する効果的でコンパクトなソリューションを提供するため、デバイス設計に不可欠な部品となっています。日常生活における電子機器の普及は、世界市場でのこれらの保護部品の採用増加に直接つながっています。

バリスタおよびガス放電管 (GDT) 市場 - 2030年までの世界予測
varistor-gas-discharge-tubes-market

“Varistor products to account for significant share of varistor and GDT market”

Varistors hold the largest share in the varistor and GDT market primarily due to their versatility, fast response time, and widespread applicability across a broad range of electronic devices and systems. Metal oxide varistors (MOVs), the most common type, offer non-linear resistance, enabling them to quickly clamp voltage surges and protect sensitive components from transient overvoltages. Their compact size, cost-effectiveness, and ease of integration into printed circuit boards (PCBs) make them highly suitable for use in consumer electronics, industrial automation equipment, automotive electronic systems, and telecommunications infrastructure. Unlike GDTs, which are primarily used for high-energy, slower-response surge protection, varistors are capable of handling frequent and lower-level surges, which occur more commonly in everyday electronics. Furthermore, varistors do not require a specific orientation for installation, simplifying the design process and enhancing manufacturing efficiency. These advantages have led to widespread adoption and increased demand, positioning varistors as the preferred choice for overvoltage protection in numerous end-use industries.

“Automotive sector to dominate varistor and GDT market during forecast period”

The automotive sector is expected to dominate the growth of the varistor and GDT market during the forecast period due to the rapid electrification and increasing electronic complexity of modern vehicles. With the widespread adoption of electric vehicles, hybrid vehicles, and advanced driver-assistance systems (ADAS), the number of sensitive electronic components in automobiles has surged. These components, including infotainment systems, battery management systems, inverters, and various control units, require reliable protection against voltage spikes and transient events caused by switching operations, load dumps, and electromagnetic interference. Varistors and GDTs play a crucial role in safeguarding these systems, ensuring operational stability and longevity. Additionally, the growing regulatory focus on vehicle safety and the integration of connected car technologies further amplify the need for robust circuit protection. As automakers increasingly prioritize electrical reliability and durability in harsh automotive environments, the demand for efficient and compact surge protection solutions such as varistors and GDTs continues to rise.

バリスタおよびガス放電管 (GDT) 市場 - 2030年までの世界予測 region
varistor-gas-discharge-tubes-market-region

“US to account for largest share of North America varistor and GDT market”

The US is expected to hold the largest share of the North American varistor and GDT market due to its advanced industrial base, widespread adoption of consumer electronics, and strong presence of key sectors such as automotive, telecommunications, and defense. The country is a hub for technological innovation, with a high concentration of electronics manufacturers and R&D activities that demand reliable surge protection solutions. Additionally, the increasing deployment of smart grid infrastructure and electric vehicles across the US accelerates the need for varistors and GDTs to protect critical power and control systems from transient voltages. The robust expansion of 5G networks and IoT-connected devices also contributes to the rising demand for compact, fast-response circuit protection components.

In-depth interviews have been conducted with C-level executives (CEOs), directors, and other executives from various key organizations operating in the varistor and GDT marketplace.

  • By Company Type: Tier 1–40%, Tier 2–35%, and Tier 3–25%
  • By Designation: C-level Executives–35%, Directors–45%, and Others–20%
  • By Region: North America–45%, Europe–25%, Asia Pacific–20%, and RoW–10%
バリスタおよびガス放電管 (GDT) 市場 - 2030年までの世界予測 ecosystem
varistor-gas-discharge-tubes-market-ecosystem

The study includes an in-depth competitive analysis of these key players in the varistor and GDT market, as well as their company profiles, recent developments, and key market strategies.

Research Coverage

This research report categorizes the varistor and GDT market by product type, varistor by type, varistor by application, GDT by type, GDT by number of electrodes, GDT by voltage, GDT by material type, GDT by application, and region (North America, Europe, Asia Pacific, and RoW). The report scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the varistor and GDT market. A thorough analysis of the key industry players has provided insights into their business overview, solutions and services, key strategies such as contracts, partnerships, agreements, new product & service launches, and acquisitions, and recent developments associated with the varistor and GDT market. This report covers a competitive analysis of the upcoming varistor and GDT market ecosystem startups.

Reasons to Buy This Report

The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the varistor and GDT market and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Rising demand for surge protection in telecommunication infrastructure, Growth in industrial automation and control systems, Emphasis on energy infrastructure protection and smart grids, Rising adoption of varistors in power supply systems, Proliferation of consumer electronics and smart devices, Electrification and safety demand in the automotive sector), restraints (Environmental and regulatory compliance challenges), opportunities (Growing opportunities for MOV in smart homes and IoT-enabled devices, Surge protection in EV charging stations and smart mobility infrastructure), and challenges (Degradation over time and repeated surges, Availability of alternative surge protection technologies) influencing the growth of the varistor and GDT market.
  • Product Development/Innovation: The report includes detailed insights on upcoming technologies, research & development activities, and product launches in the varistor and GDT market.
  • Market Development: The report provides comprehensive information about lucrative markets and analyzes the varistor and GDT market across varied regions.
  • Market Diversification: This includes exhaustive information about new products, untapped geographies, recent developments, and investments in the varistor and GDT market.
  • Competitive Assessment: The varistor and GDT market report includes information about in-depth assessments of market shares, growth strategies, and service offerings of leading players, such as Littelfuse, Inc. (US), TDK Corporation (Japan), YAGEO Group (Taiwan), KYOCERA AVX Components Corporation (US), Bourns, Inc. (US), Eaton (Ireland), Weidmüller Interface GmbH & Co. KG (Germany), and HUBER+SUHNER (Switzerland).

Table of Contents

1               INTRODUCTION              22

1.1           STUDY OBJECTIVES       22

1.2           MARKET DEFINITION   22

1.3           STUDY SCOPE   23

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      23

1.3.2        YEARS CONSIDERED      24

1.3.3        INCLUSIONS AND EXCLUSIONS 24

1.4           CURRENCY CONSIDERED            25

1.5           UNIT CONSIDERED        25

1.6           STAKEHOLDERS               25

2               RESEARCH METHODOLOGY       26

2.1           RESEARCH DATA              26

2.1.1        SECONDARY AND PRIMARY RESEARCH 27

2.1.2        SECONDARY DATA          28

2.1.2.1    List of key secondary sources              28

2.1.2.2    Key data from secondary sources       28

2.1.3        PRIMARY DATA 28

2.1.3.1    Intended participants and key opinion leaders                 29

2.1.3.2    Key data from primary sources           29

2.1.3.3    Key industry insights           30

2.1.3.4    Breakdown of primaries      30

2.2           FACTOR ANALYSIS          31

2.3           MARKET SIZE ESTIMATION         32

2.3.1        BOTTOM-UP APPROACH              33

2.3.1.1    Approach to estimate market size using bottom-up analysis

(demand side)       33

2.3.2        TOP-DOWN APPROACH                34

2.3.2.1    Approach to estimate market size using top-down analysis

(supply side)         34

2.4           DATA TRIANGULATION                35

2.5           RESEARCH ASSUMPTIONS           36

2.6           RESEARCH LIMITATIONS             36

2.7           RISK ANALYSIS  37

3               EXECUTIVE SUMMARY  38

4               PREMIUM INSIGHTS       42

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN VARISTOR AND GDT MARKET   42

4.2           VARISTOR AND GDT MARKET IN ASIA PACIFIC, BY COUNTRY AND PRODUCT TYPE               42

4.3           VARISTOR AND GDT MARKET, BY PRODUCT TYPE                 43

4.4           VARISTOR AND GDT MARKET, BY REGION          43

5               MARKET OVERVIEW       44

5.1           INTRODUCTION              44

5.2           MARKET DYNAMICS       44

5.2.1        DRIVERS               45

5.2.1.1    Rising adoption of varistors in power supply systems    45

5.2.1.2    Proliferation of consumer electronics and smart devices                 46

5.2.1.3    Electrification and safety demand in automotive sector 46

5.2.1.4    Rising demand for surge protection in telecommunication infrastructure        47

5.2.1.5    Growth in industrial automation and control systems    47

5.2.1.6    Emphasis on energy infrastructure protection and smart grids                 47

5.2.2        RESTRAINTS      48

5.2.2.1    Environmental and regulatory compliance challenges   48

5.2.3        OPPORTUNITIES              49

5.2.3.1    Growing opportunities for MOV in smart homes and IoT-enabled devices     49

5.2.3.2    Surge protection in EV charging stations and smart mobility infrastructure        49

5.2.4        CHALLENGES    50

5.2.4.1    Degradation over time and repeated surges    50

5.2.4.2    Availability of alternative surge protection technologies                 50

5.3           VALUE CHAIN ANALYSIS               51

5.4           ECOSYSTEM ANALYSIS  53

5.5           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            57

5.6           PRICING ANALYSIS          58

5.6.1        AVERAGE SELLING PRICE, BY KEY PLAYER           58

5.6.2        AVERAGE SELLING PRICE TREND, BY APPLICATION                 59

5.6.3        AVERAGE SELLING PRICE TREND, BY REGION   60

5.7           TECHNOLOGY ANALYSIS             61

5.7.1        KEY TECHNOLOGIES     61

5.7.1.1    Zinc oxide-based ceramic technology                61

5.7.1.2    Gas plasma technology        61

5.7.1.3    Thin-film deposition techniques        62

5.7.2        COMPLEMENTARY TECHNOLOGIES       62

5.7.2.1    Transient voltage suppression (TVS) diodes  62

5.7.2.2    Polymer-based surge suppressors      62

5.7.3        ADJACENT TECHNOLOGIES       62

5.7.3.1    Silicon avalanche diodes (SADs)       62

5.7.3.2    Solid-state circuit breakers 62

5.8           IMPACT OF AI ON VARISTOR AND GDT MARKET                 63

5.8.1        INTRODUCTION              63

5.8.2        AI IN DESIGN AND MATERIAL OPTIMIZATION  63

5.8.3        AI IN PREDICTIVE MAINTENANCE AND SMART INTEGRATION  63

5.8.4        AI-DRIVEN QUALITY CONTROL AND MANUFACTURING EFFICIENCY       63

5.8.5        MARKET DIFFERENTIATION AND CUSTOMIZATION VIA AI            64

5.9           PORTER’S FIVE FORCES ANALYSIS            64

5.9.1        INTENSITY OF COMPETITIVE RIVALRY 65

5.9.2        BARGAINING POWER OF SUPPLIERS       66

5.9.3        BARGAINING POWER OF BUYERS             66

5.9.4        THREAT OF SUBSTITUTES          66

5.9.5        THREAT OF NEW ENTRANTS      67

5.10         KEY STAKEHOLDERS AND BUYING CRITERIA     67

5.10.1      KEY STAKEHOLDERS IN BUYING PROCESS           67

5.10.2      BUYING CRITERIA           68

5.11         CASE STUDY ANALYSIS 69

5.11.1      CASE STUDY 1: LITTELFUSE SM10 SERIES VARISTOR IN AUTOMOTIVE ELECTRONICS    69

5.11.2      CASE STUDY 2: TDK AVRH10C101KT1R1NE8 VARISTOR FOR AUTOMOTIVE ETHERNET 69

5.11.3      CASE STUDY 3: BOURNS FLAT GDT TECHNOLOGY FOR COMPACT ELECTRONICS             69

5.11.4      CASE STUDY 4: BOURNS MODEL 2017 SERIES FLAT GDTS IN HIGH-DENSITY PCBS                69

5.12         IMPACT OF 2025 US TARIFFS—VARISTOR AND GDT MARKET               70

5.12.1      INTRODUCTION              70

5.12.2      KEY TARIFF RATES          70

5.12.3      PRICE IMPACT ANALYSIS             71

5.12.4      IMPACT ON COUNTRIES/REGIONS         72

5.12.4.1  US           72

5.12.4.2  Europe   73

5.12.4.3  Asia Pacific            73

5.12.5      IMPACT ON END-USE INDUSTRIES          74

5.13         TRADE ANALYSIS             76

5.13.1      IMPORT DATA FOR HS CODE 853340       76

5.13.2      EXPORT DATA FOR HS CODE 853340       76

5.13.3      IMPORT DATA FOR HS CODE 853630       77

5.13.4      EXPORT DATA FOR HS CODE 853630       77

5.14         TARIFFS AND REGULATORY LANDSCAPE             78

5.14.1      TARIFF ANALYSIS             78

5.14.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             79

5.14.3      STANDARDS      81

5.14.3.1  IEC 61051 Series – Varistors for Use in Electronic Equipment                 81

5.14.3.2  IEC 61643-331      81

5.14.3.3  UL 1449 – Surge Protective Devices (SPDs)  81

5.14.4      REGULATIONS  81

5.15         PATENT ANALYSIS          82

5.16         KEY CONFERENCES AND EVENTS, 2025–2026        86

6               HYBRID VOLTAGE PROTECTION              87

6.1           INTRODUCTION              87

6.2           HYBRID OVERVOLTAGE PROTECTION: COMBINING MOV WITH GDT FOR IMPROVED SURGE HANDLING      87

7               VARISTOR AND GDT MARKET, BY PRODUCT TYPE                 89

7.1           INTRODUCTION              90

7.2           VARISTOR           91

7.2.1        GROWING DEMAND FOR ROBUST OVERVOLTAGE PROTECTION IN MULTIPLE INDUSTRIES TO FUEL MARKET GROWTH             91

7.3           GAS DISCHARGE TUBES                92

7.3.1        NEED TO PROTECT LONG-RANGE COMMUNICATION AND DATA INFRASTRUCTURE TO DRIVE MARKET GROWTH                 92

8               VARISTOR MARKET, BY TYPE     94

8.1           INTRODUCTION              95

8.2           METAL OXIDE VARISTOR             96

8.2.1        HIGH ENERGY ABSORPTION CAPACITY TO BOOST MARKET GROWTH          96

8.3           SILICON CARBIDE VARISTOR     96

8.3.1        ABILITY TO WITHSTAND EXTREME ENVIRONMENTS TO FUEL ADOPTION      96

8.4           OTHERS                97

9               VARISTOR MARKET, BY APPLICATION   98

9.1           INTRODUCTION              99

9.2           CONSUMER ELECTRONICS          100

9.2.1        ROBUST GROWTH IN CONSUMER ELECTRONICS SECTOR TO DRIVE MARKET GROWTH   100

9.3           POWER SUPPLY SYSTEMS            101

9.3.1        INCREASING ADOPTION OF RENEWABLE ENERGY TO FUEL MARKET EXPANSION         101

9.4           AUTOMOTIVE   101

9.4.1        POTENTIAL GROWTH IN EV AND HEV TO BOOST DEMAND             101

9.5           INDUSTRIAL EQUIPMENT            102

9.5.1        NEED FOR SURGE PROTECTION IN INDUSTRIAL MACHINERY TO BOOST GROWTH            102

9.6           TELECOMMUNICATIONS             102

9.6.1        RISING FOCUS ON DEVELOPMENT OF TELECOMMUNICATION INFRASTRUCTURE TO PROPEL MARKET GROWTH          102

10            GAS DISCHARGE TUBES MARKET, BY TYPE          103

10.1         INTRODUCTION              104

10.2         THROUGH-HOLE GAS DISCHARGE TUBES           105

10.2.1      DRIVEN BY HIGH-ENERGY, RUGGED SURGE PROTECTION IN INDUSTRIAL AND TELECOM APPLICATIONS                 105

10.3         SURFACE-MOUNTED GAS DISCHARGE TUBES   105

10.3.1      PREFERENCE FOR COMPACT ELECTRONICS WITH SPACE-EFFICIENT,

BOARD-LEVEL PROTECTION TO DRIVE SEGMENT          105

10.4         HYBRID GAS DISCHARGE TUBES               106

10.4.1      NEED FOR INTEGRATED, MULTI-LAYER PROTECTION IN SENSITIVE

AND HIGH-SPEED CIRCUITS TO BOOST GROWTH            106

11            GAS DISCHARGE TUBES MARKET, BY NUMBER OF ELECTRODES    107

11.1         INTRODUCTION              108

11.2         TWO-ELECTRODE GAS DISCHARGE TUBES         109

11.2.1      DRIVEN BY DEMAND FOR SIMPLE, SPACE-SAVING PROTECTION IN SINGLE-LINE APPLICATIONS  109

11.3         THREE-ELECTRODE GAS DISCHARGE TUBES     109

11.3.1      NEED FOR EFFICIENT MULTI-LINE SURGE PROTECTION IN TELECOM AND DATA NETWORKS TO FUEL GROWTH             109

12            GAS DISCHARGE TUBES MARKET, BY VOLTAGE                 110

12.1         INTRODUCTION              111

12.2         HIGH VOLTAGE SURGE (ABOVE 1,000V)                 112

12.2.1      GROWING NEED FOR ROBUST SURGE PROTECTION IN HIGH-ENERGY POWER AND INDUSTRIAL SYSTEMS TO FUEL GROWTH             112

12.3         LOW TO MEDIUM VOLTAGE SURGE (75V TO 1,000V)                 112

12.3.1      RISING DEMAND FOR COMPACT SURGE PROTECTION IN LOW-VOLTAGE ELECTRONIC SYSTEMS TO BOOST SEGMENT                 112

13            GAS DISCHARGE TUBES MARKET, BY MATERIAL TYPE                 113

13.1         INTRODUCTION              114

13.2         CERAMIC             115

13.2.1      DEMAND FOR HIGH-RELIABILITY SURGE PROTECTION IN RUGGED ENVIRONMENTS TO DRIVE GROWTH           115

13.3         OTHER MATERIALS        115

14            GAS DISCHARGE TUBES MARKET, BY APPLICATION                 116

14.1         INTRODUCTION              117

14.2         POWER DISTRIBUTION SYSTEMS             118

14.2.1      INCREASING NEED FOR SURGE PROTECTION IN MODERN POWER INFRASTRUCTURE TO DRIVE GROWTH                 118

14.3         TELECOMMUNICATION NETWORKS      120

14.3.1      RAPID TELECOM INFRASTRUCTURE EXPANSION AND 5G DEPLOYMENT TO BOOST GROWTH 120

14.4         CONSUMER ELECTRONICS          122

14.4.1      GROWING DEPLOYMENT IN SURGE-PROTECTED POWER STRIPS TO PROPEL MARKET GROWTH 122

14.5         INDUSTRIAL APPLICATIONS      124

14.5.1      SURGE PROTECTION REQUIREMENTS IN INDUSTRIAL ENVIRONMENTS TO FUEL SEGMENT     124

15            VARISTOR AND GDT MARKET, BY REGION          127

15.1         INTRODUCTION              128

15.2         NORTH AMERICA             129

15.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 129

15.2.2      US           131

15.2.2.1  Significant growth in EVs and telecom sector to fuel market expansion               131

15.2.3      CANADA               132

15.2.3.1  Favorable infrastructure development for EV growth to foster revenue growth     132

15.2.4      MEXICO                132

15.2.4.1  Significant growth in industrialization to complement market growth    132

15.3         EUROPE               133

15.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      133

15.3.2      GERMANY           136

15.3.2.1  Increasing investment in clean energy and smart factory solutions to fuel market growth           136

15.3.3      UK          136

15.3.3.1  Robust growth in automotive sector to fuel market growth                 136

15.3.4      FRANCE                137

15.3.4.1  Increasing government initiatives to drive revenue growth                 137

15.3.5      ITALY    137

15.3.5.1  Need of surge protection in telecom and industrial sectors to fuel demand  137

15.3.6      REST OF EUROPE             138

15.4         ASIA PACIFIC     138

15.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 138

15.4.2      CHINA  141

15.4.2.1  Strong position in EV production to drive market growth                 141

15.4.3      JAPAN   141

15.4.3.1  Rising developments in industrial automation to complement market growth       141

15.4.4      SOUTH KOREA  142

15.4.4.1  Rising demand for robust surge protection in electronic systems to drive market      142

15.4.5      INDIA    142

15.4.5.1  Significant investments in infrastructure development to boost market    142

15.4.6      REST OF ASIA PACIFIC   143

15.5         ROW      143

15.5.1      MACROECONOMIC OUTLOOK FOR ROW              143

15.5.2      MIDDLE EAST   145

15.5.2.1  Growing energy infrastructure development to fuel market expansion               145

15.5.2.2  GCC countries      145

15.5.2.2.1                Investments in power generation and telecom sectors                 145

15.5.2.3  Rest of Middle East              146

15.5.3      AFRICA 146

15.5.3.1  Growing electricity demand and focus on infrastructural growth to support market growth    146

15.5.4      SOUTH AMERICA             146

15.5.4.1  Ongoing infrastructural growth to support market         146

16            COMPETITIVE LANDSCAPE         147

16.1         OVERVIEW          147

16.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025                 147

16.3         MARKET SHARE ANALYSIS, 2024                 151

16.4         REVENUE ANALYSIS, 2020–2024  154

16.5         COMPANY VALUATION AND FINANCIAL METRICS, 2024                 154

16.6         BRAND/PRODUCT COMPARISON             155

16.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 156

16.7.1      STARS   156

16.7.2      EMERGING LEADERS     156

16.7.3      PERVASIVE PLAYERS      157

16.7.4      PARTICIPANTS 157

16.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         158

16.7.5.1  Company footprint               158

16.7.5.2  Region footprint   159

16.7.5.3  Product type footprint         160

16.7.5.4  Application footprint            161

16.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        162

16.8.1      PROGRESSIVE COMPANIES         162

16.8.2      RESPONSIVE COMPANIES            162

16.8.3      DYNAMIC COMPANIES  162

16.8.4      STARTING BLOCKS         162

16.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 164

16.8.5.1  Detailed list of startups/SMEs           164

16.8.5.2  Competitive benchmarking of key startups/SMEs          165

16.9         COMPETITIVE SCENARIO             166

16.9.1      PRODUCT LAUNCHES   166

16.9.2      DEALS  169

16.9.3      EXPANSIONS     171

17            COMPANY PROFILES      172

17.1         KEY PLAYERS     172

17.1.1      LITTELFUSE, INC.            172

17.1.1.1  Business overview 172

17.1.1.2  Products/Solutions/Services offered 174

17.1.1.3  Recent developments           175

17.1.1.3.1                Product launches  175

17.1.1.3.2                Deals      175

17.1.1.3.3                Expansions             176

17.1.1.4  MnM view              176

17.1.1.4.1                Right to win           176

17.1.1.4.2                Strategic choices   176

17.1.1.4.3                Weaknesses & competitive threats     176

17.1.2      TDK CORPORATION       177

17.1.2.1  Business overview 177

17.1.2.2  Products/Solutions/Services offered 179

17.1.2.2.1                Product launches  179

17.1.2.3  MnM view              180

17.1.2.3.1                Right to win           180

17.1.2.3.2                Strategic choices   180

17.1.2.3.3                Weaknesses & competitive threats     180

17.1.3      YAGEO GROUP 181

17.1.3.1  Business overview 181

17.1.3.2  Products/Solutions/Services offered 182

17.1.3.3  MnM view              182

17.1.3.3.1                Right to win           182

17.1.3.3.2                Strategic choices   182

17.1.3.3.3                Weaknesses & competitive threats     182

17.1.4      KYOCERA CORPORATION            183

17.1.4.1  Business overview 183

17.1.4.2  Products/Solutions/Services offered 184

17.1.4.3  Recent developments           185

17.1.4.3.1                Product launches  185

17.1.4.4  MnM view              185

17.1.4.4.1                Right to win           185

17.1.4.4.2                Strategic choices   185

17.1.4.4.3                Weaknesses & competitive threats     185

17.1.5      BOURNS, INC.    186

17.1.5.1  Business overview 186

17.1.5.2  Products/Solutions/Services offered 186

17.1.5.3  Recent developments           188

17.1.5.3.1                Product launches  188

17.1.5.4  MnM view              190

17.1.5.4.1                Right to win           190

17.1.5.4.2                Strategic choices   190

17.1.5.4.3                Weaknesses & competitive threats     190

17.1.6      EATON 191

17.1.6.1  Business overview 191

17.1.6.2  Products/Solutions/Services offered 192

17.1.6.3  Recent developments           193

17.1.6.3.1                Deals      193

17.1.6.4  MnM view              193

17.1.6.4.1                Right to win           193

17.1.6.4.2                Strategic choices   193

17.1.6.4.3                Weaknesses & competitive threats     193

17.1.7      WEIDMÜLLER INTERFACE GMBH & CO. KG         194

17.1.7.1  Business overview 194

17.1.7.2  Products/Solutions/Services offered 194

17.1.7.3  Recent developments           195

17.1.7.3.1                Deals      195

17.1.7.3.2                Expansions             195

17.1.7.4  MnM view              196

17.1.7.4.1                Right to win           196

17.1.7.4.2                Strategic choices   196

17.1.7.4.3                Weaknesses & competitive threats     196

17.1.8      HUBER+SUHNER              197

17.1.8.1  Business overview 197

17.1.8.2  Products/Solutions/Services offered 198

17.1.8.3  MnM view              199

17.1.8.3.1                Right to win           199

17.1.8.3.2                Strategic choices   199

17.1.8.3.3                Weaknesses & competitive threats     199

17.1.9      PANASONIC HOLDINGS CORPORATION                200

17.1.9.1  Business overview 200

17.1.9.2  Products/Solutions/Services offered 202

17.1.9.3  Recent developments           202

17.1.9.3.1                Product launches  202

17.1.10   VISHAY INTERTECHNOLOGY, INC.          203

17.1.10.1                 Business overview 203

17.1.10.2                 Products/Solutions/Services offered 204

17.1.11   WÜRTH ELEKTRONIK EISOS GMBH & CO. KG     205

17.1.11.1                 Business overview 205

17.1.11.2                 Products/Solutions/Services offered 205

17.1.11.3                 Recent developments           206

17.1.11.3.1             Expansions             206

17.1.12   PHOENIX CONTACT       207

17.1.12.1                 Business overview 207

17.1.12.2                 Products/Solutions/Services offered 207

17.1.13   DEHN SE              208

17.1.13.1                 Business overview 208

17.1.13.2                 Products/Solutions/Services offered 208

17.1.14   SANKOSHA U.S.A., INC.  209

17.1.14.1                 Business overview 209

17.1.14.2                 Products/Solutions/Services offered 209

17.2         OTHER PLAYERS              210

17.2.1      NIPPON CHEMI-CON CORPORATION     210

17.2.2      KOA SPEER ELECTRONICS, INC.                 211

17.2.3      ABRACON            212

17.2.4      AEM COMPONENTS (USA), INC.                 213

17.2.5      DEAN TECHNOLOGY, INC.          214

17.2.6      INFINITE ELECTRONICS INTERNATIONAL, INC.                 215

17.2.7      ROSENBERGER 216

17.2.8      JIEJIE MICROELECTRONICS CO., LTD.    216

17.2.9      SHENZHEN RUILONGYUAN ELECTRONICS CO., LTD.                 217

17.2.10   XIAMEN SET ELECTRONICS CO., LTD.    217

17.2.11   SCHIRTEC AG    218

17.2.12   ZONKAS ELECTRONIC CO., LTD.               218

18            APPENDIX           219

18.1         INSIGHTS FROM INDUSTRY EXPERTS     219

18.2         DISCUSSION GUIDE        219

18.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                223

18.4         CUSTOMIZATION OPTIONS        225

18.5         RELATED REPORTS         225

18.6         AUTHOR DETAILS           226

LIST OF TABLES

TABLE 1                RESEARCH ASSUMPTIONS           36

TABLE 2                RESEARCH LIMITATIONS             36

TABLE 3                RISK ANALYSIS  37

TABLE 4                VARISTOR MARKET: ROLE OF COMPANIES IN ECOSYSTEM       54

TABLE 5                GDT MARKET: ROLE OF COMPANIES IN ECOSYSTEM       56

TABLE 6                AVERAGE SELLING PRICE OF VARISTORS, BY KEY PLAYER (USD)          58

TABLE 7                AVERAGE SELLING PRICE OF GAS DISCHARGE TUBES, BY KEY PLAYER (USD)   59

TABLE 8                VARISTOR AND GDT MARKET: PORTER’S FIVE FORCES ANALYSIS           64

TABLE 9                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS

FOR TOP THREE END-USE INDUSTRIES (%)         67

TABLE 10              KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              68

TABLE 11              US-ADJUSTED RECIPROCAL TARIFF RATES, 2024 (USD BILLION) 70

TABLE 12              EXPECTED CHANGE IN PRICES AND IMPACT ON END-USE MARKET DUE TO TARIFFS       71

TABLE 13              MFN TARIFF FOR HS CODE 853340-COMPLIANT PRODUCTS EXPORTED

BY GERMANY, 2024          78

TABLE 14              MFN TARIFF FOR HS CODE 853340-COMPLIANT EXPORTED BY CHINA, 2024          78

TABLE 15              MFN TARIFF FOR HS CODE 853630-COMPLIANT EXPORTED BY CHINA, 2024          78

TABLE 16              MFN TARIFF FOR HS CODE 853630-COMPLIANT EXPORTED BY UK, 2024 79

TABLE 17              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  79

TABLE 18              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  80

TABLE 19              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  80

TABLE 20              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  81

TABLE 21              LIST OF MAJOR PATENTS, 2024  84

TABLE 22              VARISTOR AND GDT MARKET: KEY CONFERENCES AND EVENTS, 2025–2026                 86

TABLE 23              VARISTOR AND GDT MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION)                90

TABLE 24              VARISTOR AND GDT MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)                90

TABLE 25              VARISTOR AND GDT MARKET, BY PRODUCT TYPE, 2021–2024 (MILLION UNITS)           91

TABLE 26              VARISTOR AND GDT MARKET, BY PRODUCT TYPE, 2025–2030 (MILLION UNITS)           91

TABLE 27              VARISTOR MARKET, BY REGION, 2021–2024 (USD MILLION)            92

TABLE 28              VARISTOR MARKET, BY REGION, 2025–2030 (USD MILLION)            92

TABLE 29              GAS DISCHARGE TUBES MARKET, BY REGION, 2021–2024 (USD MILLION)            93

TABLE 30              GAS DISCHARGE TUBES MARKET, BY REGION, 2025–2030 (USD MILLION)            93

TABLE 31              VARISTOR MARKET, BY TYPE, 2021–2024 (USD MILLION)            95

TABLE 32              VARISTOR MARKET, BY TYPE, 2025–2030 (USD MILLION)            95

TABLE 33              VARISTOR MARKET, BY APPLICATION, 2021–2024 (USD MILLION)       99

TABLE 34              VARISTOR MARKET, BY APPLICATION, 2025–2030 (USD MILLION)       100

TABLE 35              GAS DISCHARGE TUBES MARKET, BY TYPE, 2021–2024 (USD MILLION)            104

TABLE 36              GAS DISCHARGE TUBES MARKET, BY TYPE, 2025–2030 (USD MILLION)            104

TABLE 37              GAS DISCHARGE TUBES MARKET, BY NUMBER OF ELECTRODES,

2021–2024 (USD MILLION)            108

TABLE 38              GAS DISCHARGE TUBES MARKET, BY NUMBER OF ELECTRODES,

2025–2030 (USD MILLION)            108

TABLE 39              GAS DISCHARGE TUBES MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)            111

TABLE 40              GAS DISCHARGE TUBES MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)            111

TABLE 41              GAS DISCHARGE TUBES MARKET, BY MATERIAL TYPE, 2021–2024 (USD MILLION)                114

TABLE 42              GAS DISCHARGE TUBES MARKET, BY MATERIAL TYPE, 2025–2030 (USD MILLION)                114

TABLE 43              GAS DISCHARGE TUBES MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              117

TABLE 44              GAS DISCHARGE TUBES MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              118

TABLE 45              POWER DISTRIBUTION SYSTEMS: GAS DISCHARGE TUBES MARKET,

BY TYPE, 2021–2024 (USD MILLION)         119

TABLE 46              POWER DISTRIBUTION SYSTEMS: GAS DISCHARGE TUBES MARKET,

BY TYPE, 2025–2030 (USD MILLION)         119

TABLE 47              POWER DISTRIBUTION SYSTEMS: GAS DISCHARGE TUBES MARKET,

BY VOLTAGE, 2021–2024 (USD MILLION)                119

TABLE 48              POWER DISTRIBUTION SYSTEMS: GAS DISCHARGE TUBES MARKET,

BY VOLTAGE, 2025–2030 (USD MILLION)                119

TABLE 49              POWER DISTRIBUTION SYSTEMS: GAS DISCHARGE TUBES MARKET,

BY MATERIAL TYPE, 2021–2024 (USD MILLION)  120

TABLE 50              POWER DISTRIBUTION SYSTEMS: GAS DISCHARGE TUBES MARKET,

BY MATERIAL TYPE, 2025–2030 (USD MILLION)  120

TABLE 51              TELECOMMUNICATION NETWORKS: GAS DISCHARGE TUBES MARKET,

BY TYPE, 2021–2024 (USD MILLION)         121

TABLE 52              TELECOMMUNICATION NETWORKS: GAS DISCHARGE TUBES MARKET,

BY TYPE, 2025–2030 (USD MILLION)         121

TABLE 53              TELECOMMUNICATION NETWORKS: GAS DISCHARGE TUBES MARKET,

BY VOLTAGE, 2021–2024 (USD MILLION)                121

TABLE 54              TELECOMMUNICATION NETWORKS: GAS DISCHARGE TUBES MARKET,

BY VOLTAGE, 2025–2030 (USD MILLION)                121

TABLE 55              TELECOMMUNICATION NETWORKS: GAS DISCHARGE TUBES MARKET,

BY MATERIAL TYPE, 2021–2024 (USD MILLION)  122

TABLE 56              TELECOMMUNICATION NETWORKS: GAS DISCHARGE TUBES MARKET,

BY MATERIAL TYPE, 2025–2030 (USD MILLION)  122

TABLE 57              CONSUMER ELECTRONICS: GAS DISCHARGE TUBES MARKET,

BY TYPE, 2021–2024 (USD MILLION)         123

TABLE 58              CONSUMER ELECTRONICS: GAS DISCHARGE TUBES MARKET,

BY TYPE, 2025–2030 (USD MILLION)         123

TABLE 59              CONSUMER ELECTRONICS: GAS DISCHARGE TUBES MARKET,

BY VOLTAGE, 2021–2024 (USD MILLION)                123

TABLE 60              CONSUMER ELECTRONICS: GAS DISCHARGE TUBES MARKET,

BY VOLTAGE, 2025–2030 (USD MILLION)                123

TABLE 61              CONSUMER ELECTRONICS: GAS DISCHARGE TUBES MARKET,

BY MATERIAL TYPE, 2021–2024 (USD MILLION)  124

TABLE 62              CONSUMER ELECTRONICS: GAS DISCHARGE TUBES MARKET,

BY MATERIAL TYPE, 2025–2030 (USD MILLION)  124

TABLE 63              INDUSTRIAL APPLICATIONS: GAS DISCHARGE TUBES MARKET,

BY TYPE, 2021–2024 (USD MILLION)         125

TABLE 64              INDUSTRIAL APPLICATIONS: GAS DISCHARGE TUBES MARKET,

BY TYPE, 2025–2030 (USD MILLION)         125

TABLE 65              INDUSTRIAL APPLICATIONS: GAS DISCHARGE TUBES MARKET,

BY VOLTAGE, 2021–2024 (USD MILLION)                125

TABLE 66              INDUSTRIAL APPLICATIONS: GAS DISCHARGE TUBES MARKET,

BY VOLTAGE, 2025–2030 (USD MILLION)                125

TABLE 67              INDUSTRIAL APPLICATIONS: GAS DISCHARGE TUBES MARKET,

BY MATERIAL TYPE, 2021–2024 (USD MILLION)  126

TABLE 68              INDUSTRIAL APPLICATIONS: GAS DISCHARGE TUBES MARKET,

BY MATERIAL TYPE, 2025–2030 (USD MILLION)  126

TABLE 69              VARISTOR AND GDT MARKET, BY REGION, 2021–2024 (USD MILLION)            128

TABLE 70              VARISTOR AND GDT MARKET, BY REGION, 2025–2030 (USD MILLION)            129

TABLE 71              NORTH AMERICA: VARISTOR AND GDT MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            130

TABLE 72              NORTH AMERICA: VARISTOR AND GDT MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            131

TABLE 73              NORTH AMERICA: VARISTOR AND GDT MARKET, BY PRODUCT TYPE,

2021–2024 (USD MILLION)            131

TABLE 74              NORTH AMERICA: VARISTOR AND GDT MARKET, BY PRODUCT TYPE,

2025–2030 (USD MILLION)            131

TABLE 75              EUROPE: VARISTOR AND GDT MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     135

TABLE 76              EUROPE: VARISTOR AND GDT MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     135

TABLE 77              EUROPE: VARISTOR AND GDT MARKET, BY PRODUCT TYPE,

2021–2024 (USD MILLION)            135

TABLE 78              EUROPE: VARISTOR AND GDT MARKET, BY PRODUCT TYPE,

2025–2030 (USD MILLION)            135

TABLE 79              ASIA PACIFIC: VARISTOR AND GDT MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            140

TABLE 80              ASIA PACIFIC: VARISTOR AND GDT MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            140

TABLE 81              ASIA PACIFIC: VARISTOR AND GDT MARKET, BY PRODUCT TYPE,

2021–2024 (USD MILLION)            140

TABLE 82              ASIA PACIFIC: VARISTOR AND GDT MARKET, BY PRODUCT TYPE,

2025–2030 (USD MILLION)            140

TABLE 83             ROW: VARISTOR AND GDT MARKET, BY REGION, 2021–2024 (USD MILLION)            144

TABLE 84             ROW: VARISTOR AND GDT MARKET, BY REGION, 2025–2030 (USD MILLION)            144

TABLE 85              ROW: VARISTOR AND GDT MARKET, BY PRODUCT TYPE,

2021–2024 (USD MILLION)            144

TABLE 86              ROW: VARISTOR AND GDT MARKET, BY PRODUCT TYPE,

2025–2030 (USD MILLION)            144

TABLE 87              MIDDLE EAST: VARISTOR AND GDT MARKET, BY COUNTRY,

2021–2024 (USD THOUSAND)      145

TABLE 88              MIDDLE EAST: VARISTOR AND GDT MARKET, BY COUNTRY,

2025–2030 (USD THOUSAND)      145

TABLE 89              VARISTOR AND GDT MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2021–2025          147

TABLE 90             VARISTOR MARKET: DEGREE OF COMPETITION, 2024        151

TABLE 91              GDT MARKET: DEGREE OF COMPETITION, 2024                 152

TABLE 92              VARISTOR AND GDT MARKET: REGION FOOTPRINT       159

TABLE 93              VARISTOR AND GDT MARKET: PRODUCT TYPE FOOTPRINT       160

TABLE 94              VARISTOR AND GDT MARKET: APPLICATION FOOTPRINT       161

TABLE 95              VARISTOR AND GDT MARKET: KEY STARTUPS/SMES              164

TABLE 96              VARISTOR AND GDT MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES    165

TABLE 97              VARISTOR AND GDT MARKET: PRODUCT LAUNCHES, JULY 2021 TO APRIL 2025      166

TABLE 98              VARISTOR AND GDT MARKET: DEALS, JULY 2021 TO APRIL 2025   169

TABLE 99              VARISTOR AND GDT MARKET: EXPANSIONS, JULY 2021 TO APRIL 2025               171

TABLE 100            LITTELFUSE, INC.: COMPANY OVERVIEW                 172

TABLE 101            LITTELFUSE, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    174

TABLE 102            LITTELFUSE, INC.: PRODUCT LAUNCHES                 175

TABLE 103            LITTELFUSE, INC.: DEALS             175

TABLE 104            LITTELFUSE, INC.: EXPANSIONS                176

TABLE 105            TDK CORPORATION: COMPANY OVERVIEW                 177

TABLE 106            TDK CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    179

TABLE 107            TDK CORPORATION: PRODUCT LAUNCHES                 179

TABLE 108            YAGEO GROUP: COMPANY OVERVIEW  181

TABLE 109            YAGEO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    182

TABLE 110            KYOCERA CORPORATION: COMPANY OVERVIEW          183

TABLE 111            KYOCERA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    184

TABLE 112            KYOCERA CORPORATION: PRODUCT LAUNCHES          185

TABLE 113            BOURNS, INC.: COMPANY OVERVIEW     186

TABLE 114            BOURNS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    186

TABLE 115            BOURNS, INC.: PRODUCT LAUNCHES     188

TABLE 116            EATON: COMPANY OVERVIEW  191

TABLE 117            EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED             192

TABLE 118            EATON: DEALS 193

TABLE 119            WEIDMÜLLER INTERFACE GMBH & CO. KG: COMPANY OVERVIEW   194

TABLE 120            WEIDMÜLLER INTERFACE GMBH & CO. KG: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        194

TABLE 121            WEIDMÜLLER INTERFACE GMBH & CO. KG: DEALS  195

TABLE 122            WEIDMÜLLER INTERFACE GMBH & CO. KG: EXPANSIONS     195

TABLE 123            HUBER+SUHNER: COMPANY OVERVIEW                 197

TABLE 124            HUBER+SUHNER: PRODUCTS/SOLUTIONS/SERVICES OFFERED    198

TABLE 125            PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW   200

TABLE 126            PANASONIC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        202

TABLE 127            PANASONIC HOLDINGS CORPORATION: PRODUCT LAUNCHES   202

TABLE 128            VISHAY INTERTECHNOLOGY, INC.: COMPANY OVERVIEW          203

TABLE 129            VISHAY INTERTECHNOLOGY, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    204

TABLE 130            WÜRTH ELEKTRONIK EISOS GMBH & CO. KG: COMPANY OVERVIEW   205

TABLE 131            WÜRTH ELEKTRONIK EISOS GMBH & CO. KG: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        205

TABLE 132            WÜRTH ELEKTRONIK EISOS GMBH & CO. KG: EXPANSIONS     206

TABLE 133            PHOENIX CONTACT: COMPANY OVERVIEW                 207

TABLE 134            PHOENIX CONTACT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    207

TABLE 135            DEHN SE: COMPANY OVERVIEW               208

TABLE 136            DEHN SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             208

TABLE 137            SANKOSHA U.S.A., INC.: COMPANY OVERVIEW                 209

TABLE 138            SANKOSHA U.S.A., INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    209

LIST OF FIGURES

FIGURE 1              VARISTOR AND GDT MARKET SEGMENTATION AND REGIONAL SCOPE 23

FIGURE 2              VARISTOR AND GDT MARKET: RESEARCH DESIGN                26

FIGURE 3              RESEARCH APPROACH  27

FIGURE 4              REVENUE GENERATED BY COMPANIES FROM SALES OF VARISTOR (SUPPLY SIDE)        31

FIGURE 5              REVENUE GENERATED BY COMPANIES FROM SALES OF GDT (SUPPLY SIDE)   31

FIGURE 6              RESEARCH FLOW OF MARKET SIZE ESTIMATION     32

FIGURE 7              VARISTOR AND GDT MARKET: BOTTOM-UP APPROACH         33

FIGURE 8              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                34

FIGURE 9              DATA TRIANGULATION                35

FIGURE 10            VARISTOR SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE IN 2030 39

FIGURE 11            METAL OXIDE VARISTORS TO DOMINATE IN 2025        39

FIGURE 12            THROUGH-HOLE GAS DISCHARGE TUBES TO HOLD LARGEST

MARKET SIZE IN 2025      40

FIGURE 13            AUTOMOTIVE APPLICATIONS TO DOMINATE VARISTOR MARKET IN 2030         40

FIGURE 14            ASIA PACIFIC HELD LARGEST MARKET SHARE IN 2024  41

FIGURE 15            GROWTH IN AUTOMOTIVE AND CONSUMER ELECTRONICS TO OFFER LUCRATIVE OPPORTUNITIES FOR VARISTOR AND GDT MARKET   42

FIGURE 16            CHINA AND VARISTOR SEGMENT TO HOLD LARGEST MARKET SHARE IN 2025             42

FIGURE 17            VARISTOR SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030             43

FIGURE 18            INDIA TO EXHIBIT HIGHEST CAGR IN VARISTOR AND GDT MARKET DURING FORECAST PERIOD               43

FIGURE 19            VARISTOR AND GDT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          44

FIGURE 20            IMPACT ANALYSIS: DRIVERS      45

FIGURE 21            IMPACT ANALYSIS: RESTRAINTS               48

FIGURE 22            IMPACT ANALYSIS: OPPORTUNITIES     49

FIGURE 23            IMPACT ANALYSIS: CHALLENGES             50

FIGURE 24            VARISTOR AND GDT MARKET: VALUE CHAIN ANALYSIS            51

FIGURE 25            VARISTOR MARKET: ECOSYSTEM ANALYSIS                 53

FIGURE 26            GDT MARKET: ECOSYSTEM ANALYSIS   55

FIGURE 27            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   57

FIGURE 28            AVERAGE SELLING PRICE OF VARISTORS, BY KEY PLAYER (USD)          58

FIGURE 29            AVERAGE SELLING PRICE OF GAS DISCHARGE TUBES, BY KEY PLAYER 59

FIGURE 30            AVERAGE SELLING PRICE TREND OF VARISTORS, BY APPLICATION, 2021–2024               59

FIGURE 31            AVERAGE SELLING PRICE TREND OF GAS DISCHARGE TUBES,

BY APPLICATION, 2021–2024        60

FIGURE 32            AVERAGE SELLING PRICE TREND OF VARISTORS, BY REGION, 2021–2024           60

FIGURE 33            AVERAGE SELLING PRICE TREND OF GAS DISCHARGE TUBES,

BY REGION, 2021–2024    61

FIGURE 34            VARISTOR AND GDT MARKET: PORTER’S FIVE FORCES ANALYSIS           65

FIGURE 35            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES          67

FIGURE 36            KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              68

FIGURE 37            IMPORT DATA FOR HS CODE 853340-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024                76

FIGURE 38            EXPORT DATA FOR HS CODE 853340-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024                76

FIGURE 39            IMPORT DATA FOR HS CODE 853630-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024                77

FIGURE 40            EXPORT DATA FOR HS CODE 853630-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024                77

FIGURE 41            PATENTS APPLIED AND GRANTED FOR VARISTOR, 2015–2024      82

FIGURE 42            PATENTS APPLIED AND GRANTED FOR GDT, 2015–2024              83

FIGURE 43            VARISTOR SEGMENT TO HOLD LARGEST SHARE OF VARISTOR

AND GDT MARKET IN 2025           90

FIGURE 44            METAL OXIDE VARISTORS TO DOMINATE MARKET BY TYPE             95

FIGURE 45            AUTOMOTIVE TO HOLD LARGEST SHARE OF VARISTOR MARKET        99

FIGURE 46            THROUGH-HOLE SEGMENT TO HOLD LARGEST SHARE OF GDT MARKET IN 2025                104

FIGURE 47            THREE-ELECTRODE GDT SEGMENT TO GROW FASTER DURING FORECAST PERIOD      108

FIGURE 48            HIGH VOLTAGE SURGE SEGMENT TO DOMINATE GAS DISCHARGE TUBES MARKET    111

FIGURE 49            CERAMIC TO DOMINATE GAS DISCHARGE TUBES MARKET                114

FIGURE 50            POWER DISTRIBUTION SYSTEMS TO DOMINATE GAS DISCHARGE TUBES MARKET    117

FIGURE 51            ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       128

FIGURE 52            NORTH AMERICA: VARISTOR AND GDT MARKET SNAPSHOT       130

FIGURE 53            EUROPE: VARISTOR AND GDT MARKET SNAPSHOT          134

FIGURE 54            ASIA PACIFIC: VARISTOR AND GDT MARKET SNAPSHOT          139

FIGURE 55            MARKET SHARE ANALYSIS OF COMPANIES OFFERING VARISTORS, 2024        151

FIGURE 56            MARKET SHARE ANALYSIS OF COMPANIES OFFERING GDT, 2024      152

FIGURE 57            VARISTOR AND GDT MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS,

2020–2024              154

FIGURE 58            COMPANY VALUATION, 2024 (USD MILLION)                 154

FIGURE 59            FINANCIAL METRICS (EV/EBITDA), 2024                 155

FIGURE 60            VARISTOR MARKET: BRAND/PRODUCT COMPARISON   155

FIGURE 61            GDT MARKET: BRAND/PRODUCT COMPARISON   156

FIGURE 62            VARISTOR AND GDT MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       157

FIGURE 63            VARISTOR AND GDT MARKET: COMPANY FOOTPRINT       158

FIGURE 64            VARISTOR AND GDT MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2024                163

FIGURE 65            LITTELFUSE, INC.: COMPANY SNAPSHOT                 173

FIGURE 66            TDK CORPORATION: COMPANY SNAPSHOT                 178

FIGURE 67            YAGEO GROUP: COMPANY SNAPSHOT  181

FIGURE 68            KYOCERA CORPORATION: COMPANY SNAPSHOT          184

FIGURE 69            EATON: COMPANY SNAPSHOT  192

FIGURE 70            HUBER+SUHNER: COMPANY SNAPSHOT                 198

FIGURE 71            PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT   201

FIGURE 72            VISHAY INTERTECHNOLOGY, INC.: COMPANY SNAPSHOT          204