Zion Market Research, the market research group announced the analysis report titled "ESD Protection Devices Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024".
Sarasota, FL -- (SBWIRE) -- 10/31/2017 -- ESD Protection Devices Market: Overview
In the enterprises, the electrical devices are of great importance and their failure can cause huge losses to the organization. The integrated circuits that are embedded within the electric devices are very sensitive and can fail if the electrostatic current is applied. Thus ESD protection devices are installed at every point where there are chances of electrical devices coming in contact with a person or an object.
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ESD Protection Devices Market: Facts
For an electrical system to be reliable it requires protection from the electrostatic discharge. Thus an ideal circuit protection device should have the following characteristics: low operating and clamping voltages, should have the ability to resist the repetitive ESD strikes, there should be minimum reverse leakage current, response time should be fast, should have a capacity to handle high peak ESD currents, and have a compact size.
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ESD Protection Devices Market: Segmentation
The global market for the ESD protection devices is fragmented into its type and geography. On the basis of the type, the global market is segregated into ceramic based ESD protection devices and semiconductor-based ESD protection devices. In the region-wise outlook, the ESD protection devices market is categorized into North America, Asia Pacific, Eastern Europe, Latin America, the Middle East and Africa, and the Western Europe.
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ESD Protection Devices Market: Growth Factors
In many of the organizations, devices such as the laptops, desktops, and other types of machinery play a very important role. Many of the major transactions of the business are handled by them. Thus it is very important that these devices should be protected and should be working efficiently. Owing to all these factors the device manufacturers are making it a point that they include the ESD protection devices within their products. On the basis of the function, the ESD protection devices work properly when they are connected with a ground source since their key functionality is to channelize the electrostatic flow to the ground. The fact that ESD protection devices do not function effectively on the device is based on the standalone battery that is not connected to the ground source is the major limiting factor that is restraining the growth of the ESD protection devices market.
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ESD Protection Devices Market: Regional Analysis
The region that holds the maximum share in the ESD protection devices market is the North America. North America is followed by Asia Pacific region and Western European region. The factor that is influencing the growth of the market in the North America is the increasing rate of adoption of the consumer electronics. There is a good rate of market growth experienced in the Asia Pacific region owing to the rapid development of the manufacturing sector.
ESD Protection Devices Market: Competitive Players
The key market players that are involved in the ESD protection devices market include STMicroelectronics, Nexperia, Bourns, Inc., ROHM Semiconductor, Murata Manufacturing, Texas Instruments, Littlefuse, Inc., Semtech Corporation, ProTek Devices, and Infineon Technologies.
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