Gas Discharge Tube Market Analysis, Trends, Forecast, 2018-2028

Posted by vakhas on January 29th, 2019

Gas Discharge Tube Market: Introduction

A gas discharge tube is an electronic component in which the electrodes are arranged inside a tube-like structure, and are surrounded by gas within an insulating temperature-resistant envelope. Gas discharge tubes operate by the ionization of gas by the application of sufficient amount of voltage that causes electrical conduction.

Glass discharge tubes are used to protect several energy-sensitive equipment. Glass discharge tubes protect devices and persons from electric surges. Hence, they are used in many small as well as large electrical equipment. Gas discharge tubes are widely used in telecommunication devices, power supply devices, and TV equipment. 

Gas Discharge Tube Market: Dynamics

In recent times, there has been a significant increase in demand for consumer electronics and other electronic devices owing to which there is an upsurge in the production of electronic components such as gas discharge tubes. The growth of the electronic industry will be the main driving factor for the gas discharge tube industry. In recent years, the consumption of electronic devices such as computers, laptops, mobiles, etc. has witnessed robust growth, which has fueled the telecommunications industry.

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The growth of the telecommunication industry has boosted the gas discharge tubes market. Rising urbanization and increase in disposable income has increased the standard of living in developing countries, owing to which there is an increase in spending on electronic devices in these regions. Increased adaptation of electronics in the automotive industry has increased the demand for electronic components due to which there is an up rise in the demand for gas discharge tube. The advancement of science & technology is expanding the electronics market due to the development of new electronic products. The above mentioned factors are positively impacting the gas discharge tube market. 

Gas Discharge Tube Market: Regional Outlook

There is a predominance of the electronic industry in the Asia Pacific region especially in countries such as China, South Korea, Japan, Taiwan, etc. The electronic industry is estimated to witness robust growth in the upcoming years. Also, the consumption of electronic devices is increasing at a significant rate owing to the rise in urbanization, due to which the Asia Pacific will be a prominent market for gas discharge tubes. In regions such as North America there is significant presence of the electronic industry, and the demand for consumer electronics is expected to follow an upward trend over the years, owing to which North America makes a promising market for gas discharge tubes.