ESD Protection Devices Market : Drivers, Restraint & Future Growth

Posted by surendra choudhary on September 19th, 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.

As key market players are introducing new ESD protection devices in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for a leading share of the global ESD protection devices market during the forecast period. Rising production of electronic chips and growing consumer electronics industry across emerging markets such as China, Japan, South Korea, and India are likely to boost the ESD protection devices market in Asia Pacific from 2018 to 2026.

For More Details, Request A PDF Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=56829

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market