Metal Oxide Varistor (MOV) Market: Potential Effect On Upcoming Future Growth, Competitive Analysis And Forecast 2017 - 2025
The global metal oxide varistor (MOV) market has fragmented landscape due to presence of numerous players a report of Transparency Market Research prophesized. Presence of numerous international companies and local players has increased competition level substantially. These companies are focusing to offer advanced products to gain substantial share in the revenue. These new product launches and high investments are expected to create opportunities for players and new entrants in the market and continue to be beneficial for forecaste period of 2017 to 2025. Some of the key players in the market are General Electric, KEMET Corp., TDK Corp., MDE Semiconductor Inc., Dean Technology Inc., Moda-Innochips Co. Ltd., Amotech Corp., Vishay Intertechnology Inc., Murata Manufacturing Co. Ltd., and Centra Science Corp. TMR prophesies, the global MOV market is expected to attain value of US$20.79 bn by the end of 2025 with a CAGR of 11.7%. In 2016, the revenue of market was regist...