Rising Use of Smart Electronics Devices to Fuel Demand for MOVs in Consumer Electronics Sector

July 2, 2023 Audrey

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Global Market for Metal Oxide Varistors (MOV)

Dublin, June 19, 2023 (GLOBE NEWSWIRE) — The “Metal Oxide Varistors (MOV): Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Metal Oxide Varistors (MOV) estimated at US$11.3 Billion in the year 2022, is projected to reach a revised size of US$27.6 Billion by 2030, growing at a CAGR of 11.8% over the analysis period 2022-2030.

Ring MOV, one of the segments analyzed in the report, is projected to record a 12.4% CAGR and reach US$12.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Block MOV segment is readjusted to a revised 11.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 13.5% CAGR

The Metal Oxide Varistors (MOV) market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$8.3 Billion by the year 2030 trailing a CAGR of 13.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 9.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.

Select Competitors (Total 94 Featured) –

Bourns, Inc.
Centra Science Corp
Dean Technology, Inc.
Elpro International Ltd.
Fenghua (HK) Electronics Ltd.
JOYIN CO., LTD.
KEMET Corporation
KOA Corporation
Littelfuse, Inc.
MDE Semiconductor, Inc.
Murata Manufacturing Co., Ltd.
Nippon Chemi-Con Corporation
Panasonic Corporation
SEMITEC Corporation
Songtian Electronics Co., LTD (STE)
TDK Corporation
Thinking Electronic Industrial Co., Ltd.
Vishay Intertechnology, Inc.

Key Attributes:

Report Attribute	Details
No. of Pages	404
Forecast Period	2022 – 2030
Estimated Market Value (USD) in 2022	$11.3 Billion
Forecasted Market Value (USD) by 2030	$27.6 Billion
Compound Annual Growth Rate	11.8%
Regions Covered	Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Impact of COVID-19 Pandemic and Looming Global Recession
2020 Marked as a Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
An Introduction to Metal Oxide Varistor (MOV)
Types of MOVs
Global Market Prospects & Outlook
Ring MOVs: The Largest Type
Competition
World Brands
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Need to Ensure Reliability & Safety of Electrical Power Systems Enhances Significance of MOVs
Need for Protection Devices: Growth Opportunities for Metal Oxide Varistors
Automotive Electronics: Rising Demand for Communication Technologies Bodes Well for the Market
Average Value of In-Vehicle Electronics Per Vehicle (In US$) for the Years 2018, 2025 & 2030
Breakdown of the Total Cost of Electronics in an Automobile (in %) for the Years 1970, 1980, 2000, 2017, 2020 and

Consumer Electronic Production Assistance Suppliers Are Starting to be Vital Players in the Automotive Sector

June 5, 2023 Audrey

Business Brand

Dublin, Could 23, 2023 (World NEWSWIRE) — The “Automotive Electronics OEM/ODM/EMS Marketplace Report, 2023” report has been added to ResearchAndMarkets.com’s giving.

Automotive electronics OEM/ODM/EMS investigate: amid the disruption in the division of labor manner in the source chain, which vehicle elements will be lined by OEM/ODM/EMS manner?

Buyer digital manufacturing assistance (EMS) providers are getting to be important gamers in the automotive field.

Due to the sluggish progress of the shopper electronics sector, lots of shopper EMS suppliers have started to faucet the new automotive electronics (OEM) market. Top rated makers these kinds of as Luxshare Precision, BOE, Lens Technology and Sunny Optical Know-how have made phased final results.

Besides acting as Tier 1 suppliers of automotive electronics, buyer EMS companies are also increasing the OEM company promptly, for case in point:

Sunny Optical Know-how manufactures LiDAR modules for Innovusion

Cowell (Apple’s major provider of entrance digital camera modules), a subsidiary of Luxshare Precision, has secured a LiDAR OEM get from RoboSense. It participates in the design and style and manufacturing by way of joint design and style production (JDM) design. The LiDAR organization grow to be its second progress curve

Luxshare Precision cooperates with Chery to produce the ODM product with true projects scheduled to be carried out close to 2024. It targets standard foreign automakers and Chinese Clever EV makes.

As problems automotive OEMs, emerging carmakers and standard mainstream automakers are producing continual endeavours on complete-stack independent growth. As they take pleasure in much more autonomy in components style and design and definition and look for to acquire differentiated and personalized goods, the issues this sort of as long growth cycle, high advancement charge, rigid cooperation models, low openness and patent possession stand out in traditional suppliers.

Cars develop into a lot more like smartphones. Automotive OEMs not only want to outline and grasp the procedure architectures and software program algorithms of core merchandise by by themselves, but also hope to guide or participate in the layout of hardware techniques and outsource the manufacturing to automotive electronics corporations, thus deriving three styles: OEM, ODM and EMS.

OEM (first devices producer) design: automakers design, and designate OEMs which manufacture according to the unique patterns and supply OEM companies with materials provided by the automakers

ODM (unique style company) product: upon the necessities of shoppers and their preferred functions, ODMs choose on all the links from product R&D to style and design, and then to generation. Automakers that purchase their provider only want to brand the finished products. As cross-border motor vehicle producing thrives, the ODM design that includes ‘commissioned design and style and producing or authentic layout and manufacturing’ has begun to prevail, for example, the cooperation amongst JAC and NIO, among Seres and Huawei, between Chery and Luxshare Precision

EMS (electronics production solutions) product: this design originates from consumer electronics. Dependent on the ODM model, it also presents understanding and management expert services, which includes logistics administration, uncooked materials procurement, and just after-sale companies. In the

Increasing Utilization of Consumer Electronics Bolsters Growth

May 14, 2023 Audrey

DUBLIN, May 5, 2023 /PRNewswire/ — The “Global Filtered Connectors Market by Type (C Circuit Filter, L-C or C-L Circuit Filter, Pi Circuit Filter), Application (Commercial, Industrial, Medical) – Cumulative Impact of High Inflation – Forecast 2023-2030” report has been added to ResearchAndMarkets.com’s offering.

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The Global Filtered Connectors Market is projected to grow with a significant CAGR in the forecast period. Economic development and substantial infrastructure development have constituted regional revenue generation. Further, the patterns associated with domestic production, import and export, and consumption have helped market participants to analyze and capitalize on potential opportunities. Besides, the qualitative and quantitative parameters provided in the report with detailed analysis highlights the driving and restraining factors of the Global Filtered Connectors Market.

Market Dynamics

Drivers

Increasing Utilization of Consumer Electronics
Government Initiatives for Deployment of Electric Vehicles
Growing Applicability to Prevent Electromagnetic Interference

Restraints

Opportunities

Challenges

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.

Market Segmentation & Coverage:

Based on Type, the market is studied across C Circuit Filter, L-C or C-L Circuit Filter, and Pi Circuit Filter.
Based on Application, the market is studied across Commercial, Industrial, Medical, and Military & Aerospace.
Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes vendors in the Global Filtered Connectors Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The Global Filtered Connectors Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their

India Consumer Electronics and Appliances Marketplace, By Kind, By Software, By Distribution Channel, By Area, By Top rated 3 Foremost States, Competitiveness, Forecast & Alternatives, 2017-2027F

July 7, 2022 Audrey

ReportLinker

India Shopper Electronics and Appliances Industry, By Kind (Audio & Visible Electronics, Dwelling Appliances, Kitchen area Appliances, and Personal Treatment Devices), By Application (Household and Business), By Distribution Channel (Multi-Branded Merchants, Hypermarket/ Grocery store, On-line, and Other people (Immediate Revenue, Special Suppliers, and many others.

New York, June 30, 2022 (World NEWSWIRE) — Reportlinker.com announces the release of the report “India Client Electronics and Appliances Marketplace, By Sort, By Application, By Distribution Channel, By Region, By Major 3 Foremost States, Level of competition, Forecast & Opportunities, 2017-2027F” – https://www.reportlinker.com/p06289850/?utm_supply=GNW
)), By Location, By Top rated 3 Top States (in every area), Level of competition, Forecast & Chances, 2017-2027F

India customer electronics and appliances industry was valued at USD78.95 billion in 2021 and is predicted to increase at an impressive CAGR of 12.78% in the forecast period of time, 2023-2027, to reach USD160.03 billion by 2027. Customers are turning into extra aware of the rewards of employing consumer electronics and appliances and are investing in the acquire of premium appliances. The growing residential sector and favorable governing administration policies are the most important motorists for the India shopper electronics and appliances market. Also, the significant online penetration and proliferation of sensible products and integration of intelligent systems like the web of items and artificial intelligence are anticipated to create new advancement avenues for the India shopper electronics and appliances current market in the forecast period.
The revenue stage of middle-course family members is growing at a rapid charge, and they are ready to devote additional on good quality life and equipment to are living a at ease existence.Businesses are doing the job on the growth of substantial-accomplishing and uncomplicated-to-use products to satisfy the growing consumer prerequisites.

Current market players are striving to access distant areas by investing in establishing an productive source chain and inventory and adopting e-commerce internet websites to provide their solutions. An improve in the utilization of buyer electronics and appliances and the availability of a large portfolio of products and solutions are envisioned to gasoline the desire for India consumer electronics and appliances market in the forecast interval.
The India shopper electronics and appliances current market is divided into form, application, distribution channel, regional distribution, and aggressive landscape.Primarily based on variety, the sector is divided into audio & visual electronics, dwelling appliances, kitchen area appliances, and own care devices.

The Audio & visible electronics segment dominated the industry in 2021 and held 85.02% of the whole marketplace share. The availability of good quality audio and visible digital equipment at competitive selling prices and the increasing expenditure ability of buyers are driving the segment demand. Adoption of attractive internet marketing approaches by the marketplace players and online income channels is expected to gasoline the sales of consumer electronics and appliances throughout the nation.
The major marketplace gamers running in India customer electronics and appliances industry are BBK Group (Oppo, Vivo, Realme, OnePlus), Samsung India Electronics Personal Restricted, Xiaomi Engineering India Private Confined, Apple India Non-public Limited, LG

Global Consumer Electronics Market to 2028

April 3, 2022 Audrey

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Consumer Electronics Market

Dublin, April 01, 2022 (GLOBE NEWSWIRE) — The “Consumer Electronics Market, By Device Type: Consumer Electronic Device, Wearable Device, Smart Home Device, By Region – Size, Share, Outlook, and Opportunity Analysis, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering.

Consumer electronics or otherwise known as home electronics are electronics meant for personal use, normally at home. Consumer electronics consist of electronic appliances used for communication, entertainment, and also recreational purposes. Mostly referred to as white goods because of the fact that most products being manufactured in black or neutral colors are housed in dark or black casing.

More advanced white electronics appliances usually come with flashy advertisements, which is another reason for the popularity of these appliances. The new trends in consumer electronics products are discovered every day and their effects on the industry are remarkable.

Market Dynamics

Increasing number of smartphone users is expected to boost the global consumer electronics market growth over the forecast period. As per the Pew Research Center, in 2019, around 81% of people in the U.S. had smartphones, increasing from 68% in 2015. According to the same source, tablet users in the U.S. increased from 34% in 2013 to 52% in 2019. This, in turn, has increased the demand for advanced smartphones and tablets.

Furthermore, growing popularity of modern consumer electronics in Asia Pacific is expected to accelerate growth of the global consumer electronics market in the near future.

Key features of the study:

This report provides in-depth analysis of the consumer electronics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global consumer electronics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Panasonic Corporation, Samsung Electronics Co. Ltd., Toshiba Corporation, LG Electronics Co. Ltd., Hewlett-Packard Inc. (HP), Apple Inc., Sony Corporation, Hitachi Ltd., and Koninklijke Philips N.V.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global consumer electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global consumer electronics market

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Purview

Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Device Type
Market Snippet, By Region
Opportunity Map

3. Market Dynamics, Regulations, and Trends Analysis

USD 2.12 bn Growth in Consumer Electronics and Home Appliances Market in India

March 16, 2022 Audrey

Consumer Electronics and Home Appliances Market in India: Driver

The increasing demand for premium appliances will fuel the growth of the consumer electronics and home appliances market in India during the forecast period. The growing importance of consumer electronics and home appliances is resulting in the demand for unique and premium consumer electronics. Premium appliances are equipped with smart features that match the societal status of upper-class households. The increasing number of high-net-worth individuals (HNWIs) is driving the demand for luxury consumer electronics and home appliances in developing economies and fueling the market growth.

Consumer Electronics and Home Appliances Market in India: Challenge

Compliance costs will challenge the growth of the consumer electronics and household appliances market in India. The consumer electronics and home appliances market has been experiencing an increase in cost burden due to the evolving nature of compliances prescribed by the government in recent years. This cost burden is ultimately passed on to consumers, thus making products unaffordable and having a detrimental impact on their demand. These factors will challenge the growth of the market during the forecast period.

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Consumer Electronics and Home Appliances Market in India: Vendor Analysis

The consumer electronics and home appliances market in India is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The key offerings of some of the vendors are listed below:

AB Electrolux – As the key products, the company provides several products such as washing machine(Front Load Washer with SmartBoost and others.
Haier Smart Home Co. Ltd. – As the key products, the company offers several home appliances such as washing machines, laundry care, and others.
Hitachi Ltd. – As the key products, the company offers washing machines, fridges, air conditioners, and others.
Koninklijke Philips NV – As the key products, the company offers heaters, washing machines, fridges, sound systems, and others.
LG Electronics Inc. – As the key products, the company offers heaters, washing machine, fridge, sound systems, and others.

Consumer Electronics And Home Appliances Market In India: Segmentation Analysis

This report segments the consumer electronics and home appliances market in India by product (consumer electronics and home appliances) and market landscape (freestanding and built-in). The consumer electronics and home appliances market share growth in India by the consumer electronics segment will be significant during the forecast period.

Learn about the contribution of each segment of the consumer electronics and home appliances market in India. Request a Free Sample Report

Coffee Machine Market by End-user and Geography – Forecast and Analysis 2022-2026

Consumer Electronics And Home Appliances Market In India Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum &