In 2022, it is anticipated that the market for ESD protection devices will be worth US$2,580.5 Million. Due to growth in smartphone adoption, increased use of electronics in the automotive industry, and rising demand for small electronic devices that are more prone to electrostatic discharge, the market for EDS protection devices is anticipated to develop during the forecast period (ESD). The global demand for ESD protection devices is anticipated to reach around $3,771.4 million by 2032, growing at a CAGR of 3.9% between 2022 and 2032.
Electrical devices ranging from PCs to Machines are of critical importance to consumers and enterprises and their failure can be a cause of large financial as well as operational losses. Moreover, ICs embedded in Electrical devices are extremely sensitive and can fail if Electrostatic current is applied to it. Static current can come into contact with an IC when a charged metal or a human body comes in contact with the device directly or indirectly.
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ESD Protection Devices are employed at all points where electrical devices are likely to come in contact with a person or an object. ESD protection devices channelize an electrostatic surge to the ground in order to protect the device. ESD protection Devices have become an essential component of modern electronics as ICs are isolated from the ground to prevent impairment of data communications.
ESD Protection Devices Market: Drivers & Challenges
Devices such as laptops are becoming crucial to enterprises and consumers, and are at the base of all technological innovations. This has made it necessary for these devices to be protected in order to keep them running. This has driven device manufacturers to include ESD protection devices into their products.
However, by function ESD protection devices can function only when connected to a ground source as their primary function is to channelize an electrostatic surge to the ground. ESD protection devices cannot be used effectively on a standalone battery based device which is not connected to a ground source. This is a major impeding factor in the growth of the market for ESD Protection Devices.
ESD Protection Devices Market: Regional Overview
North America is expected to lead the ESD Protection Devices market in terms of market share followed by Asia Pacific and Western Europe. The growth of ESD Protection Devices market in North America will be fuelled by the higher adoption of Consumer electronics. Whereas the demand of ESD Protection Devices in Asia Pacific will be primarily driven by the growth in manufacturing sector.
ESD Protection Devices Market: Competitive Landscape
Key Contracts/Agreement/Acquisitions
In March 2016 Littlefuse, a circuit protection device manufacturer acquired the circuit protection business of TE connectivity, a polymer-based resettable circuit protection devices manufacturer
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Key Players
The major players in ESD Protection Devices market include Murata Manufacturing, STMicroelectronics, Texas Instruments, Nexperia, Littlefuse, Inc., Bourns, Inc., Semtech Corporation, ROHM Semiconductor, ProTek Devices & Infineon Technologies
Regional analysis for ESD Protection Devices Market includes development of these systems in the following regions
- North America Market
- US
- Canada
- Latin America Market
- Argentina
- Mexico
- Brazil
- Rest of Latin America
- Western Europe Market
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- Benelux
- Rest of Western Europe
- Eastern Europe Market
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific Market
- Australia and New Zealand (A&NZ)
- China
- India
- ASEAN
- Rest of Asia Pacific
- Japan Market
- Middle East and Africa Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments
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ESD Protection Devices Market: Segmentation
Segmentation of ESD Protection Devices Market, By Type
Ceramic based ESD Protection Devices:
- ESD Protection devices manufactured using ceramic based materials.
Semiconductor based ESD Protection Devices
- High tech Semiconductor based ESD Protection Devices made for usages in Laptops, mobile phones, Digital Camera and other consumer electronics.
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