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ESD Protection Devices Market Expected to Reach US

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ESD Protection Devices Market Expected to Reach US$ 3,903.0 Mn by 2026
ESD Protection Devices Market
Expected to Reach US$ 3,903.0
Mn by 2026
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.
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Design limitations of traditional ESD protection devices to hamper the global ESD protection devices
market
IC designers are facing challenges while looking for comprehensive ESD protection devices that can be
used across the circuit. These challenges are primarily caused by rise in the number of transistors used.
Furthermore, growing number of electronic components on a semiconductor die is limiting the use of
traditional ESD protection devices. These limitations also question the reliability of electronic products.
Several electronic devices are equipped with high-speed data transmission techniques and require
comprehensive protection from ESD. Therefore, designers and manufacturers of ESD protection devices
are modifying their devices. This is expected to increase the requirement for signal efficiency for highspeed interfaces so as to attain efficient operation of any electronic device.
ESD protection devices to be adopted significantly by the consumer electronics sector
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.
Asia Pacific to continue to hold a major share of the global ESD protection devices market
Asia Pacific is expected to hold a major share of the global market for ESD protection devices during the
forecast period. Major share of the region is primarily attributable to strong presence of wellestablished players across the region, especially in prominent economies including China, Japan, and
South Korea. Asia Pacific is home to several well-established players in the global ESD protection devices
market including Murata Manufacturing Co., Ltd. and ROHM SEMICONDUCTOR. Furthermore, Asia
Pacific is witnessing high adoption of ESD protection devices, due to continuously growing consumer
electronics industry in the region. Several manufacturers in the region are focusing on enhancing the
product quality and trying to capture a wide customer base for additional revenue generation. For
instance, Murata Manufacturing Co., Ltd. is focusing on improving the performance of its ESD protection
devices to be used in applications such as GPS antenna terminals, LTE, and Wi-Fi wireless
communication products. Furthermore, the company has improved the performance of its ESD
protection products based on ceramic material by 20%. This would offer protection in accordance with
the internationally recognized standards pertaining to efficient functioning of ESD protection devices.
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Key Players such as Infineon Technologies AG, STMicroelectronics N.V., ON Semiconductor
Corporation, Littelfuse, Inc., and ROHM Semiconductor to lead the global market
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.
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