Metal Oxide Varistor Market Is Likely to Witness Substantial Growth at a Healthy CAGR of 11.7%: 2025
A new study by Transparency Market Research (TMR) states that the global metal oxide varistor (MOV) market is highly competitive. The leading companies are focusing aggressively on research and innovation for the development of new products. As, the companies are concentrating more on utilizing automation for the production of varistor, the competition within this market is expected to increase extensively in the near future.
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