The global MOV Metal Oxide Varistor market size is predicted to grow from US$ 1600 million in 2025 to US$ 2656 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031.

MOV Metal Oxide Varistor is a nonlinear resistance element with zinc oxide (ZnO) as the main component. Its resistance is sensitive to changes in applied voltage. Specifically, below the threshold voltage, the resistance is very high and the current flowing through is extremely small, which is equivalent to a closed valve; when the voltage exceeds the threshold, the resistance drops sharply and the current flowing through surges, which is equivalent to an open valve. Using this characteristic, MOV can suppress abnormal overvoltages that often occur in circuits and protect circuits from damage caused by overvoltages.

The global metal oxide varistor (MOV) market is large and continues to grow. It is expected that in the next few years, with the popularization of electronic devices and the development of the new energy industry, the market demand for MOV will further increase.

Infinity Market Research newest research report, the ?MOV Metal Oxide Varistor Industry Forecast? looks at past sales and reviews total world MOV Metal Oxide Varistor sales in 2024, providing a comprehensive analysis by region and market sector of projected MOV Metal Oxide Varistor sales for 2025 through 2031. With MOV Metal Oxide Varistor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MOV Metal Oxide Varistor industry.

This Insight Report provides a comprehensive analysis of the global MOV Metal Oxide Varistor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on MOV Metal Oxide Varistor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global MOV Metal Oxide Varistor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MOV Metal Oxide Varistor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global MOV Metal Oxide Varistor.

This report presents a comprehensive overview, market shares, and growth opportunities of MOV Metal Oxide Varistor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Strip Metal Oxide Varistors
    DiscMetal Oxide Varistors
    Ring Metal Oxide Varistors
    Block Metal Oxide Varistors
    Other

Segmentation by Application:

    Photovoltaic
    Communications
    Lightning Arrester
    Power Supply and Socket
    Other

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    RS Components
    Bourns
    Radwell International
    DigiKey
    Allen-Bradley
    Oriental Motor USA
    Fuji Electric
    Littelfuse
    Mouser Electronics
    TE Connectivity
    MDE Semiconductor
    Trigon Components
    Mersen
    New Jersey Semi-Conductor Products

Key Questions Addressed in this Report

What is the 10-year outlook for the global MOV Metal Oxide Varistor market?
What factors are driving MOV Metal Oxide Varistor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do MOV Metal Oxide Varistor market opportunities vary by end market size?
How does MOV Metal Oxide Varistor break out by Type, by Application?