ESD Protection Devices Market ? Detailed Profiles Of Top Industry?Players

Posted by RASHMI on March 15th, 2019

The global ESD protection devices market was valued at US$ 2,572.1 Mn in 2016 and is projected to register a compounded annual growth rate (CAGR) of over 4.23% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘ESD Protection Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ The report suggests that rising adoption of electronics across the automotive industry, increasing demand for miniature electronic devices that are more susceptible to electrostatic discharge (ESD), and growth in the smartphone penetration are likely to augment the demand for ESD protection devices in the next years i.e. from 2018 to 2026. 

In terms of end-user, the ESD protection devices market has been segmented into consumer electronics, automotive, aerospace & defense, and others. The others segment comprises energy and telecommunications. Process control is crucial for the manufacture of semiconductors, as manufacturers are increasingly producing more efficient and powerful chips in less time, so as to sustain the continuously rising competition. Several semiconductor manufacturers are producing highly advanced and innovative chips for use in various consumer electronics products, by using technologically developed methods for semiconductor manufacture.

ESD protection devices play a vital role in ensuring reliability as well as quality of the product being manufactured, as the semiconductor production process is highly complex and it involves a significant amount of capital. Furthermore, ESD protection devices help in maintaining the equipment performance at a high level, as they provide precise measurements during the product design process and ensure quality.

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STMicroelectronics N.V., ON Semiconductor Corporation, Littelfuse, Inc., and ROHM Semiconductor are some of the major players operating in the global ESD protection devices market profiled in this study. These players are focusing on the production of innovative ESD protection devices. For instance, in 2017, Littelfuse, Inc. introduced a new ESD protection product called transient-voltage-suppression diode arrays.

It is a low-capacitance diode that is designed to protect high-speed data lines from electrostatic discharge (ESD). Furthermore, the company has launched TVS diode arrays, which are designed to provide comprehensive protection from ESD to electronic equipment.