ESD Protection Devices Market - Advanced technologies & growth opportunities in

Posted by RASHMI on July 3rd, 2019

According to a new market report published by Transparency Market Research titled ‘ESD Protection Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ the global ESD protection devices market is expected to reach value of US$ 3,903.0 Mn by 2026. The market is projected to expand at a CAGR of 4.23% from 2018 to 2026.

According to the report, the global market is expected to continue to be influenced by a range of factors such as rising penetration of smartphones, growing popularity of IoT, and increasing use of electronics in the automotive industry. Asia Pacific is estimated to continue to lead the global market, with the market in the region expanding at a CAGR of above 3% during the forecast period. Prominent economies in Asia Pacific such as China, Japan, and South Korea are hubs of the electronics industry.

Silicon material segment estimated to be highly lucrative

Based on material, the global ESD protection devices market has been divided into ceramic and silicon. The silicon segment is expected to reach value of over US$ 2,000.0 Mn by 2026. Silicon is significantly used in ESD protection devices, as the material offers high ESD protection performance.

Due to this, several manufacturers including ROHM Semiconductor and Protek Devices are manufacturing ESD protection devices based on silicon. Furthermore, silicon-based ESD protection devices are being largely used in the consumer electronics industry. Additionally, silicon provides more power in less area. Hence, it is highly useful for smaller electronic devices that are more susceptible to electrostatic discharge (ESD).

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Unidirectional segment projected to dominate the ESD protection devices market

In terms of directionality, the ESD protection devices market has been segmented into unidirectional and bidirectional. A unidirectional ESD protection device is best suited for protection of circuit nodes with unidirectional signals, which are always above or below the reference voltage. The ESD protection device safeguards the entire circuit design, which is built by using the highly advanced CMOS technology.

A large number of IC manufacturers are using innovative and highly advanced CMOS technologies to improve the performance of their systems. The unidirectional segment of the global ESD protection devices market is expected to hold a major market share during the forecast period, as a majority of circuit designs are based on the CMOS technology. The CMOS technology is used to form integrated circuits (ICs). It is extensively used in chip design. Furthermore, chip designers are using unidirectional ESD protection devices, as use of bidirectional devices may result in overload.

ON Semiconductor Corporation, Bourns, Inc., STMicroelectronics N.V., Texas Instruments Incorporated, and Infineon Technologies AG are some of the major players operating in the global ESD protection devices market profiled in this study.