Global Ring Metal Oxide Varistor Market

Global Ring Metal Oxide Varistor (MOV) Market Research Report 2024, Forecast to 2029

Global Ring Metal Oxide Varistor Market

Global Ring Metal Oxide Varistor (MOV) Market Research Report 2024, Forecast to 2029


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A varistor is an electronic component with an electrical resistance that varies with the applied voltage. Also known as a voltage-dependent resistor (VDR), it has a nonlinear, non-ohmic current–voltage characteristic that is similar to that of a diode.

Our market research covers global as well as regional markets and provides an in-depth analysis of the overall growth prospects of the market. Global market trend analysis including historical data, estimates to 2024, and compound annual growth rate (CAGR) forecast to 2029 is given based on qualitative and quantitative analysis of the market segments involving economic and non-economic factors. Furthermore, it reveals the comprehensive competitive landscape of the global market, the current and future market prospects of the industry, and the growth opportunities and drivers as well as challenges and constraints in emerging and emerging markets.

We can meet the customized needs of customers in multiple dimensions, in-depth and high quality, help customers accurately grasp market opportunities, easily deal with market challenges, properly formulate market strategies, and act quickly to win sufficient market competition time and space for customers.

Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.

The global economy and markets have been remarkably resilient in the face of tightening financial conditions and geopolitical upheaval over the past few years, with economic growth holding up better than most analysts’ expectations.

The global environment has still not settled onto a clear pathway toward a new stability as we enter 2024. In this disjointed world, we confront risks posed by potential volatility across the economic and political spheres. We also see potential opportunities arising from the new reality of greatly segmented global relationships.

We have identified five overlapping themes that will drive global political and economic relationships in 2024: geopolitical reordering, economic fault lines, resource security, supply chain resilience and logistics rewired.

The report will conduct a comprehensive and professional analysis of the Ring Metal Oxide Varistor (MOV) market in 2024 based on the current situation, global economic impact and other aspects.

Market Segment by Product Type

LV MOV

HV-MV MOV

Market Segment by Product Application

Power

Building

Railway

Petrochemical

New Energy

Others

Finally, the report provides detailed profile and data information analysis of leading company.

ABB

SIEMENS

TOSHIBA

Elpro

MacLean Power Systems

OTOWA Electric

MEIDENSHA CORPORATION

Nanyang Jinguan

Pinggao

RIGHT ELECTRIC

Zhejiang Bitai

YUEQING TIANYI

Nanyang Zhongwei

Nanyang Jinniu

Wuhan Yinghe

Insights and Tools:

This report provides industry-standard analytical accuracy and high data completeness to uncover key opportunities available in the global industry market. Buyers of the report can obtain verified and reliable market forecasts, including revenue forecasts for the overall size of the global industry market.

The report is an effective tool for players to gain a competitive advantage over their competitors and ensure lasting success in the industry market. All findings, data, and information presented in the report have been verified and re-verified with the help of reliable sources. The analysts who authored the report have taken a unique approach to industry-best research and analysis for an in-depth study of the global industry market.

Use both primary and secondary data sources when compiling reports. Primary sources include extensive interviews with key opinion leaders and industry experts such as experienced front-line employees, directors, CEOs and marketing executives, downstream distributors as well as end users. Secondary sources include research on top companies' annual and financial reports, public documents, new journals, and more. We also work with some third-party databases.

The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focuses on the key regions like United States, European Union, China, and other regions.

Research Objectives

1.To define, describe and forecast the Ring Metal Oxide Varistor (MOV) market by type, application, end user and region

2.Provide enterprise external environment analysis and SWOT analysis

3.Focuses on the key global Ring Metal Oxide Varistor (MOV) manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, and development plans in next few years.

4.Provide market entry strategy analysis for new players or players preparing to enter the market

5.Keep up with international market trends and analyze the impact of the important international events on major global regions

6.Analyze market opportunities for stakeholders to provide market leaders with detailed information on the competitive landscape

Global Ring Metal Oxide Varistor (MOV) Market Research Report 2024, Forecast to 2029

1 Market Study Overview

1.1 Study Objectives

1.2 Ring Metal Oxide Varistor (MOV) Introduce

1.3 Combined with the Analysis of Macroeconomic Indicators

1.4 Brief Description of Research methods

1.5 Market Breakdown and Data Triangulation

2 Global Trend Summary

2.1 Ring Metal Oxide Varistor (MOV) Segment by Type

2.1.1 LV MOV

2.1.2 HV-MV MOV

2.2 Market Analysis by Application

2.2.1 Power

2.2.2 Building

2.2.3 Railway

2.2.4 Petrochemical

2.2.5 New Energy

2.2.6 Others

2.3 Global Ring Metal Oxide Varistor (MOV) Market Comparison by Regions (2019-2029)

2.3.1 Global Ring Metal Oxide Varistor (MOV) Market Size (2019-2029)

2.3.2 North America Ring Metal Oxide Varistor (MOV) Status and Prospect (2019-2029)

2.3.3 Europe Ring Metal Oxide Varistor (MOV) Status and Prospect (2019-2029)

2.3.4 China Ring Metal Oxide Varistor (MOV) Status and Prospect (2019-2029)

2.3.5 Japan Ring Metal Oxide Varistor (MOV) Status and Prospect (2019-2029)

2.3.6 Southeast Asia Ring Metal Oxide Varistor (MOV) Status and Prospect (2019-2029)

2.4 Basic Product Information

2.4.1 Basic Product Information & Technology Development History

2.4.2 Product Manufacturing Process

2.4.3 Interview with Major Market Participants

2.4.4 High-end Market Analysis and Forecast

2.5 Coronavirus Disease 2020 (Covid-19): Ring Metal Oxide Varistor (MOV) Industry Impact

2.5.1 Ring Metal Oxide Varistor (MOV) Business Impact Assessment - Covid-19

2.5.2 Market Trends and Ring Metal Oxide Varistor (MOV) Potential Opportunities in the COVID-19 Landscape

2.5.3 Measures / Proposal against Covid-19

3 Competition by Manufacturer

3.1 Global Ring Metal Oxide Varistor (MOV) Sales and Market Share by Manufacturer (2019-2024)

3.2 Global Ring Metal Oxide Varistor (MOV) Revenue and Market Share by Manufacturer (2019-2024)

3.3 Global Ring Metal Oxide Varistor (MOV) Industry Concentration Ratio (CR5 and HHI)

3.4 Top 5 Ring Metal Oxide Varistor (MOV) Manufacturer Market Share

3.5 Top 10 Ring Metal Oxide Varistor (MOV) Manufacturer Market Share

3.6 Date of Key Manufacturers Enter into Ring Metal Oxide Varistor (MOV) Market

3.7 Key Manufacturers Ring Metal Oxide Varistor (MOV) Key Manufacturers

3.8 Mergers & Acquisitions Planning

4 Analysis of Ring Metal Oxide Varistor (MOV) Industry Key Manufacturers

4.1 ABB

4.1.1 Compan Detail

4.1.2 ABB Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.1.3 ABB 167 Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.1.4 Main Business Overview

4.1.5 ABB News

4.2 SIEMENS

4.2.1 Compan Detail

4.2.2 SIEMENS Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.2.3 SIEMENS Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.2.4 Main Business Overview

4.2.5 ABB News

4.3 TOSHIBA

4.3.1 Compan Detail

4.3.2 TOSHIBA Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.3.3 TOSHIBA Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.3.4 Main Business Overview

4.3.5 TOSHIBA News

4.4 Elpro

4.4.1 Compan Detail

4.4.2 Elpro Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.4.3 Elpro Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.4.4 Main Business Overview

4.4.5 Elpro News

4.5 MacLean Power Systems

4.5.1 Compan Detail

4.5.2 Elpro Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.5.3 MacLean Power Systems Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.5.4 Main Business Overview

4.5.5 MacLean Power Systems News

4.6 OTOWA Electric

4.6.1 Compan Detail

4.6.2 OTOWA Electric Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.6.3 OTOWA Electric Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.6.4 Main Business Overview

4.6.5 OTOWA Electric News

4.7 MEIDENSHA CORPORATION

4.7.1 Compan Detail

4.7.2 MEIDENSHA CORPORATION Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.7.3 MEIDENSHA CORPORATION Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.7.4 Main Business Overview

4.7.4 Main Business Overview

4.8 Nanyang Jinguan

4.8.1 Compan Detail

4.8.2 Nanyang Jinguan Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.8.3 Nanyang Jinguan Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.8.4 Main Business Overview

4.8.5 Nanyang Jinguan News

4.9 Pinggao

4.9.1 Compan Detail

4.9.2 Pinggao Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.9.3 Pinggao Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.9.4 Main Business Overview

4.9.5 Pinggao News

4.10 RIGHT ELECTRIC

4.10.1 Compan Detail

4.10.2 RIGHT ELECTRIC Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.10.3 RIGHT ELECTRIC Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.10.4 Main Business Overview

4.10.5 RIGHT ELECTRIC News

4.11 Zhejiang Bitai

4.11.1 Compan Detail

4.11.2 Zhejiang Bitai Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.11.3 Zhejiang Bitai Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.11.4 Main Business Overview

4.11.5 Zhejiang Bitai News

4.12 YUEQING TIANYI

4.12.1 Compan Detail

4.12.2 YUEQING TIANYI Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.12.3 YUEQING TIANYI Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.12.4 Main Business Overview

4.12.5 YUEQING TIANYI News

4.13 Nanyang Zhongwei

4.13.1 Company Details

4.13.2 Nanyang Zhongwei Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.13.3 Nanyang Zhongwei Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.13.4 Main Business Overview

4.13.5 Nanyang Zhongwei News

4.14 Nanyang Jinniu

4.14.1 Compan Detail

4.14.2 Nanyang Jinniu Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.14.3 Nanyang Jinniu Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.14.4 Main Business Overview

4.14.5 Nanyang Jinniu News

4.15 Wuhan Yinghe

4.15.1 Compan Detail

4.15.2 Wuhan Yinghe Ring Metal Oxide Varistor (MOV) Product Introduction, Application and Specification

4.15.3 Wuhan Yinghe Ring Metal Oxide Varistor (MOV) Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)

4.15.4 Main Business Overview

4.15.5 Wuhan Yinghe News

5 Global Ring Metal Oxide Varistor (MOV) Market Segment by Big Type

5.1 Global Ring Metal Oxide Varistor (MOV) Revenue, Sales and Market Share by Big Type (2019-2024)

5.1.1 Global Ring Metal Oxide Varistor (MOV) Sales and Market Share by Big Type (2019-2024)

5.1.2 Global Ring Metal Oxide Varistor (MOV) Revenue and Market Share by Big Type (2019-2024)

5.2 LV MOV Sales Growth Rate and Price

5.2.1 Global LV MOV Sales Growth Rate (2019-2024)

5.2.2 Global LV MOV Price (2019-2024)

5.3 HV-MV MOV Sales Growth Rate and Price

5.3.1 Global HV-MV MOV Sales Growth Rate (2019-2024)

5.3.2 Global HV-MV MOV Price (2019-2024)

6 Global Ring Metal Oxide Varistor (MOV) Market Segment by Big Application

6.1 Global Ring Metal Oxide Varistor (MOV) Sales Market Share by Big Application (2019-2024)

6.2 Power Sales Growth Rate (2019-2024)

6.3 Building Sales Growth Rate (2019-2024)

6.4 Railway Sales Growth Rate (2019-2024)

6.5 Petrochemical Sales Growth Rate (2019-2024)

6.6 New Energy Sales Growth Rate (2019-2024)

6.7 Others Sales Growth Rate (2019-2024)

7 Global Ring Metal Oxide Varistor (MOV) Forecast

7.1 Global Ring Metal Oxide Varistor (MOV) Revenue, Sales and Growth Rate (2024-2029)

7.2 Ring Metal Oxide Varistor (MOV) Market Forecast by Regions (2024-2029)

7.2.1 North America Ring Metal Oxide Varistor (MOV) Market Forecast (2024-2029)

7.2.2 Europe Ring Metal Oxide Varistor (MOV) Market Forecast (2024-2029)

7.2.3 China Ring Metal Oxide Varistor (MOV) Market Forecast (2024-2029)

7.2.4 Japan Ring Metal Oxide Varistor (MOV) Market Forecast (2024-2029)

7.2.5 Southeast Asia Ring Metal Oxide Varistor (MOV) Market Forecast (2024-2029)

7.2.6 Other Regions Ring Metal Oxide Varistor (MOV) Market Forecast (2024-2029)

7.3 Ring Metal Oxide Varistor (MOV) Market Forecast by Type (2024-2029)

7.3.1 Global Ring Metal Oxide Varistor (MOV) Sales Forecast by Type (2024-2029)

7.3.2 Global Ring Metal Oxide Varistor (MOV) Market Share Forecast by Type (2024-2029)

7.4 Ring Metal Oxide Varistor (MOV) Market Forecast by Application (2024-2029)

7.4.1 Global Ring Metal Oxide Varistor (MOV) Sales Forecast by Application (2024-2029)

7.4.2 Global Ring Metal Oxide Varistor (MOV) Market Share Forecast by Application (2024-2029)

8 Market Analysis

8.1.1 Market Overview

8.1.2 Market Opportunities

8.1.3 Market Risk

8.1.4 Market Driving Force

8.1.5 Porter's Five Forces Analysis

8.1.6 SWOT Analysis

9 Ring Metal Oxide Varistor (MOV) Related Market Analysis

9.1 Upstream Analysis

9.1.1 Macro Analysis of Upstream Markets

9.1.2 Key Players in Upstream Markets

9.1.3 Upstream Market Trend Analysis

9.1.4 Ring Metal Oxide Varistor (MOV) Manufacturing Cost Analysis

9.2 Downstream Market Analysis

9.2.1 Macro Analysis of Down Markets

9.2.2 Key Players in Down Markets

9.2.3 Downstream Market Trend Analysis

9.2.4 Sales Channel, Distributors, Traders and Dealers

10 Research Findings and Conclusion

Tables & Figures:
Show more
Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Global Ring Metal Oxide Varistor (MOV) Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
How are players chosen for the research coverage of the Global Ring Metal Oxide Varistor (MOV) Market study?
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
How big is the Global Ring Metal Oxide Varistor (MOV) Market by 2030?
It is expected that the Global Ring Metal Oxide Varistor (MOV) Market will reach USD XX million by 2030.
What trends may have an impact on the Global Ring Metal Oxide Varistor (MOV) Market's growth?
A handful of disruptive trends, nevertheless, will have a contradictory and significant impact on the development of the Global Ring Metal Oxide Varistor (MOV) Market as well as its distribution among its players
What does the future hold for the Global Ring Metal Oxide Varistor (MOV) Industry?
This latest research publication on the Global Ring Metal Oxide Varistor (MOV) Market is an in-depth market tracker that provides a comprehensive assessment of the challenges that manufacturers face in achieving new growth cycles in the current scenario.