The global ESD Protection Circuit market size was USD 4.02 Billion in 2022 and is expected to reach USD 7.9 Billion in 2032 growing at a CAGR of 5.2% during the forecast period. Rapid expansion of the Internet of Things (IoT) and automation in many industries are major factors driving market revenue growth. Another aspect is the rising demand for consumer electronics and electronic components. ESD Protection Circuit (ESD), a serious hazard for both manufacturers and users, is protected by ESD protection devices for electronic devices and components.
Get a sample of the report @ https://www.reportsanddata.com/download-free-sample/7237
Demand for ESD protection devices is being driven by the increasing deployment of IoT devices and automation in various industries. These devices are required in various end-use industries, including automotive, aerospace, healthcare, and industrial automation. In addition, manufacturers are continually creating technologically superior ESD protection devices due to increasing need for high-quality and dependable electronic products.
The accumulation of static electricity on the surface of electronic components and gadgets is the main contributor to ESD. Sensitive electronic components may be harmed as a result, which could lead to product failure and decreased reliability. Demand for ESD protection devices is also being driven by increasing government restrictions regulating electronic waste and environmental protection.
In addition, use of high-speed communication technologies such as 5G, Wi-Fi, and Bluetooth is driving demand for ESD protection devices with faster speeds and lower capacitance. Need for ESD protection devices with higher speed and lower capacitance to safeguard sensitive electronic components from ESD is being driven by rising need for high-speed communication technologies.
Competitive Landscape:
Texas Instruments Incorporated
STMicroelectronics
Vishay Intertechnology Inc.
Microchip Technology Inc.
TDK Corporation
Littelfuse Inc.
NXP Semiconductors N.V.
ON Semiconductor
Infineon Technologies AG
Semtech Corporation
The global market is further segmented into type and application:
By Product Type Outlook
Diodes
Transistors
Thyristors
Integrated Circuits
Others
By Application Outlook
Consumer Electronics
Automotive
Aerospace & Defense
Industrial
Healthcare
Others
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/7237
Thank you for reading our report. Please connect with us to know more about the report and its customization feature. Our team will ensure the report is well suited to meet your requirements.
Get Explore Latest Research Report by Reports and Data:
High-End Hybrid Cars Market @ https://www.reportsanddata.com/report-detail/high-end-hybrid-cars-market
Mining Automation Market @ https://www.reportsanddata.com/report-detail/mining-automation-market
Active Radio-frequency identification (RFID) Market @ https://www.reportsanddata.com/report-detail/active-radio-frequency-iden...
Anti Plagiarism For The Education Sector Market @ https://www.reportsanddata.com/report-detail/anti-plagiarism-for-the-edu...
Capacitive Touch Screen Market @ https://www.reportsanddata.com/report-detail/capacitive-touch-screen-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blogs | Press Release | Industry News | Our competencies
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report