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

Rising Use of Smart Electronics Devices to Fuel Demand for MOVs in Consumer Electronics Sector
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Global Market for Metal Oxide Varistors (MOV)

Global Market for Metal Oxide Varistors (MOV)

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

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Mouser Electronics Receives Bourns 2022 World wide E-Commerce Distributor of the Calendar year Award

Mouser Electronics Receives Bourns 2022 World wide E-Commerce Distributor of the Calendar year Award

DALLAS & FORT Really worth, Texas, June 19, 2023–(Company WIRE)–Mouser Electronics, Inc., the industry’s top New Item Introduction (NPI) distributor with the widest choice of semiconductors and digital components™, proudly announces that it has been named 2022 e-Commerce Distributor of the Yr by Bourns® Inc., a major manufacturer and supplier of electronic factors. This is the seventh time that Mouser has gained this award. Bourns awarded Mouser for exceeding its product sales goals and acquiring sturdy yr-in excess of-12 months progress, especially by way of Mouser’s website and electronic marketing plans.

This press release options multimedia. View the whole launch right here: https://www.businesswire.com/information/property/20230619000128/en/

Mouser has been named 2022 e-Commerce Distributor of the Calendar year by Bourns® Inc., a leading company and provider of digital elements. (Photo: Company Wire)

“It is a large honor and testament to our powerful business enterprise partnership to acquire this prime e-Commerce award from Bourns, our valued manufacturer lover,” explained Jeff Newell, Senior Vice President of Solutions at Mouser Electronics. “In excess of the previous two decades, our two companies have shared a common purpose of offering greatest-in-class assistance and high-quality items to our prospects. We glimpse forward to ongoing mutual achievements.”

“It is our distinctive pleasure to figure out Mouser for contributing to Bourns accomplishment by means of their expanding variety of innovative and unique eCommerce provider engagement initiatives. Bourns drastically values the Mouser team’s ingenuity in supporting to travel demand for our items and influence structure wins,” mentioned James Harrington, Senior Vice President, Globally Product sales at Bourns. “As we rejoice a extended collaborative background alongside one another, we also seem ahead to even more strengthening our channel profits partnership with Mouser. By combining the proficient methods and aid from both providers, we continuously give our mutual buyers higher entry to the most up-to-date highly developed electronic ingredient options from Bourns — all engineered to meet up with dynamic application prerequisites and keep them aggressive.”

Mouser is an approved distributor for Bourns and proceeds to be a leading associate in giving Bourns’ most recent products and solutions. Mouser stocks an remarkable array of Bourns circuit protectors, sensors, controls, and resistive components. Bourns is regarded for their ground breaking development of new systems and the capability to continually grow producing capabilities to meet their customers’ changing global wants.

Mouser has gained several major awards in latest years from Bourns, which includes e‑Commerce Distributor of the Yr award for 2021, 2019, 2018, 2015, 2014 and 2012, as perfectly as 2016 Distributor of the Yr (Catalog Spouse) in EMEA, 2012 European Distributor of the 12 months POS Growth Award and the 2012 Asia Distributor of the Year POS Development Award.

For a lot more details about Bourns merchandise out there at Mouser, stop by https://www.mouser.com/producer/bourns/.

For extra Mouser information, check out https://www.mouser.com/newsroom/.

As a international approved distributor, Mouser gives the world’s widest selection of the newest semiconductors and electronic factors — in inventory and prepared

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Interlink Electronics, Inc. to Exhibit at Sensors Converge Conference in Santa Clara, CA on June 21 & 22

Interlink Electronics, Inc. to Exhibit at Sensors Converge Conference in Santa Clara, CA on June 21 & 22

Corporation will showcase slicing-edge products at Booth 1050

IRVINE, Calif., June 19, 2023 /PRNewswire/ — Interlink Electronics, Inc. (NASDAQ: Website link), a globe-major dependable technologies partner in the fast advancing entire world of human-machine interface (HMI) units, sensors, membrane keypads and other chopping-edge systems, introduced right now that it will be exhibiting at Booth 1050 at the Sensors Converge Conference in Santa Clara, CA on June 21 & 22. This prestigious function provides together industry leaders, innovators, and industry experts from the sensor know-how domain, presenting a special system for networking, awareness sharing, and discovering the most new innovations in this dynamic industry.

The corporation will be showcasing its hottest choices, together with:

  • A new loved ones of modern polymeric piezoelectric sensors
  • Matrix-force sensing methods
  • New miniaturized gasoline sensor products in a position to precisely perception Hydrogen, Chlorine and Nitrous Oxide, among some others
  • Completely electronic, compact, connected and wise gas sensor modules
  • New membrane keypad and graphic overlay alternatives

The company’s dedicated and skilled team will be obtainable to explore customers’ unique necessities and enable create remedies that will form the potential of sensing know-how.

About Interlink Electronics, Inc.

Interlink Electronics is a earth-top reliable technological innovation partner in the quickly advancing planet of human-equipment interface (HMI) equipment, sensors, membrane keypads and other slicing-edge technologies. In addition to typical product choices, Interlink makes use of its abilities in products science, manufacturing, firmware, and software package to make in-household technique remedies for customized applications. For 38 a long time, the Business has led the printed electronics market to commercialize its patented Pressure Sensing Resistor® engineering. It has equipped some of the world’s prime electronics brands with intuitive sensor and interface systems. It also has a verified observe document of supplying technological remedies for mission-crucial purposes in a diverse selection of marketplaces – such as health-related, automotive, shopper electronics, telecommunications, and industrial management – giving regular and custom-built sensors that give engineers the overall flexibility and functionality they find in modern innovative electronic equipment.

Current acquisitions have expanded the Company’s portfolio of products and solutions into new areas. SPEC Sensors and KWJ Engineering, ordered in December 2022, supply market-top style and manufacture of electrochemical gasoline-sensing engineering for field, neighborhood, wellness and dwelling, delivering custom made remedies, state-of-the-art sensors, modern items and exclusive products and services with makes use of in fields this sort of as carbon monoxide and ozone detection and air excellent monitoring. Calman Technological know-how Restricted, obtained in March 2023, brings in excess of 25 decades of experience in the style and design and manufacture of membrane keypads, graphic overlays and label solution, with shoppers in fields these kinds of as healthcare equipment and defense systems and functions across the British isles and Europe.

Interlink serves an global client foundation from our company headquarters in Irvine, California our World Product Development and Resources Science Middle and distribution and logistics centre in Camarillo, California our innovative printed-electronics production facilities in Shenzhen, China, and

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Interlink Electronics, Inc. to Show at Sensors Converge Meeting in Santa Clara, CA on June 21 & 22

Interlink Electronics, Inc. to Show at Sensors Converge Meeting in Santa Clara, CA on June 21 & 22

Corporation will showcase reducing-edge solutions at Booth 1050

IRVINE, Calif., June 19, 2023 /PRNewswire/ — Interlink Electronics, Inc. (NASDAQ: Website link), a earth-major trustworthy technological innovation lover in the swiftly advancing world of human-machine interface (HMI) gadgets, sensors, membrane keypads and other cutting-edge technologies, declared today that it will be exhibiting at Booth 1050 at the Sensors Converge Convention in Santa Clara, CA on June 21 & 22. This prestigious occasion provides collectively field leaders, innovators, and authorities from the sensor technology area, presenting a distinctive system for networking, know-how sharing, and discovering the most modern advancements in this dynamic area.

(PRNewsfoto/Interlink Electronics)

(PRNewsfoto/Interlink Electronics)

The organization will be showcasing its hottest offerings, including:

  • A new family of modern polymeric piezoelectric sensors

  • Matrix-pressure sensing options

  • New miniaturized fuel sensor items able to precisely sense Hydrogen, Chlorine and Nitrous Oxide, among the other individuals

  • Entirely electronic, compact, connected and intelligent fuel sensor modules

  • New membrane keypad and graphic overlay methods

The firm’s committed and expert crew will be readily available to go over customers’ particular demands and aid produce answers that will condition the future of sensing know-how.

About Interlink Electronics, Inc.

Interlink Electronics is a environment-primary dependable know-how spouse in the rapidly advancing world of human-equipment interface (HMI) devices, sensors, membrane keypads and other cutting-edge systems. In addition to standard product offerings, Interlink utilizes its know-how in elements science, manufacturing, firmware, and program to produce in-dwelling system methods for personalized applications. For 38 yrs, the Business has led the printed electronics marketplace to commercialize its patented Force Sensing Resistor® technology. It has supplied some of the world’s leading electronics brands with intuitive sensor and interface systems. It also has a established track report of giving technological methods for mission-essential purposes in a various assortment of marketplaces – which includes health-related, automotive, buyer electronics, telecommunications, and industrial command – giving standard and custom made-designed sensors that give engineers the overall flexibility and features they find in modern advanced electronic units.

Current acquisitions have expanded the Company’s portfolio of products and providers into new regions. SPEC Sensors and KWJ Engineering, procured in December 2022, supply market-main design and manufacture of electrochemical gas-sensing technologies for field, neighborhood, health and home, furnishing custom remedies, superior sensors, modern merchandise and special solutions with works by using in fields this sort of as carbon monoxide and ozone detection and air high-quality checking. Calman Technological innovation Minimal, obtained in March 2023, provides more than 25 yrs of encounter in the layout and manufacture of membrane keypads, graphic overlays and label solution, with consumers in fields this kind of as healthcare devices and defense technologies and functions across the United kingdom and Europe.

Interlink serves an intercontinental buyer base from our corporate headquarters in Irvine, California our World-wide Products Improvement and Components Science Middle and distribution and logistics heart in Camarillo, California our superior printed-electronics production services in Shenzhen, China, and Irvine, Scotland and our proprietary production and product or service

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Arrow Electronics Hires Previous Dell EMC Exec As ECS President

Arrow Electronics Hires Previous Dell EMC Exec As ECS President

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Channel Information

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Joseph F. Kovar

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Daniel Campbell, a 20-yr Dell EMC veteran and just lately world profits govt vice president at NCR, is replacing Mark Taylor as president of Arrow Electronics Business Computing Answers business.

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Arrow Electronics Hires Previous Dell EMC Exec As ECS President&#13
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Mark Taylor, who for over two-and-a-50 percent decades has led IT distributor Arrow Electronics North The united states Company Computing Alternatives company as president, will be leaving the firm.

Having above the job is Daniel Campbell, who on Monday was unveiled by the Centennial, Colo.-based mostly distributor as the new president of Arrow’s North America Company Computing Alternatives, also identified by its ECS acronym.

Arrow stated Taylor is transitioning out of the enterprise and performing with Campbell and Kristin Russell, president of Arrow’s world-wide company computing methods company, throughout the handover of his duties. Taylor is slated to go away the enterprise on June 2.

[Related:
Arrow Electronics Taps Sean Kerins As The Distributor’s New CEO
]

Company Computing Solutions is the IT distribution arm of Arrow Electronics, which also has an electronics factors and lifecycle businesses.

Taylor was not able to supply extra info to CRN by press time.

Though Taylor served as president of Arrow Electronics North The usa ECS organization, it was not his initial stint at Arrow Electronics. He earlier put in 9 several years at Arrow Electronics, and to start with still left the business in March of 2016 to join Pitney Bowes as senior vice president of world wide software program channels.

Campbell will come to Arrow Electronics ECS from software program developer Speedchain, wherever he served as an advisor for the past 13 months.

Prior to that, Campbell was executive vice president of world wide gross sales at NCR for more than four years, becoming a member of that business in early 2018 right after virtually 20 yrs at Dell EMC. His time there was expended largely with EMC, but for his past just about a few 12 months he was senior vice president of that company’s Virtustream organization.

Campbell has the proper expertise to choose over for Taylor, said Rusell mentioned in a organized statement.

“Dan is a seasoned government, primary all areas of product sales in cloud, program, alliances and consumer achievement initiatives. He will come to our enterprise section that has prospered below Mark’s leadership, and we look forward to Dan’s deep field expertise shaping our subsequent chapter,” Russell stated.


 Learn About Joseph F. Kovar

Joseph F. Kovar

Joseph F. Kovar is a senior editor and reporter for the storage and the non-tech-centered channel beats for CRN. He keeps readers abreast of the latest issues associated to this kind of spots as information lifetime-cycle, organization continuity and catastrophe restoration, and data centers, alongside with related companies and software package, even though highlighting some of the essential traits that influence the IT channel in general. He can be arrived at at [email protected].


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