ESD Protection Devices Market SWOT Analysis, Key Indicators and Forecast to 2027

ESD Protection Devices are employed at all points where electrical devices are likely to come in contact with a person or an object. ESD protection devices channelize an electrostatic surge to the ground in order to protect the device. ESD protection Devices have become an essential component of modern electronics as ICs are isolated from the ground to prevent impairment of data communications. Electrical devices ranging from PCs to Machines are of critical importance to consumers and enterprises and their failure can be a cause of large financial as well as operational losses. Moreover, ICs embedded in Electrical devices are extremely sensitive and can fail if Electrostatic current is applied to it. Static current can come into contact with an IC when a charged metal or a human body comes in contact with the device directly or indirectly. ESD Protection Devices Market: Drivers & Challenges Devices such as laptops are becoming crucial to enterprises and consumers, and are at the base of all technological innovations. This has made it necessary for these devices to be protected in order to keep them running. This has driven device manufacturers to include ESD protection devices into their products. However, by function ESD protection devices can function only when connected to a ground source as their primary function is to channelize an electrostatic surge to the ground. ESD protection devices cannot be used effectively on a standalone battery based device which is not connected to a ground source. This is a major impeding factor in the growth of the market for ESD Protection Devices. ESD Protection Devices Market: Regional Overview North America is expected to lead the ESD Protection Devices market in terms of market share followed by Asia Pacific and Western Europe. The growth of ESD Protection Devices market in North America will be fuelled by the higher adoption of Consumer electronics. Whereas the demand of ESD Protection Devices in Asia Pacific will be primarily driven by the growth in manufacturing sector. ESD Protection Devices Market: Competitive Landscape Key Contracts/Agreement/Acquisitions In March 2016 Littlefuse, a circuit protection device manufacturer acquired the circuit protection business of TE connectivity, a polymer-based resettable circuit protection devices manufacturer Key Players The major players in ESD Protection Devices market include Murata Manufacturing, STMicroelectronics, Texas Instruments, Nexperia, Littlefuse, Inc., Bourns, Inc., Semtech Corporation & more The report covers exhaustive analysis on ESD Protection Devices Market Segments • ESD Protection Devices Market Segments • Historical Actual Market Size, 2012 - 2016 • ESD Protection Devices Market Size & Forecast 2017 to 2027 • Supply & Demand Value Chain • ESD Protection Devices Market Current Trends/Issues/Challenges • Competition & Companies involved • Technology • Value Chain • ESD Protection Devices Market Drivers and Restraints Regional analysis for ESD Protection Devices Market includes development of these systems in the following regions • North America Market • Latin America Market • Western Europe Market • Eastern Europe Market • Asia Pacific Market • Japan Market • Middle East and Africa Market To know more click here: futuremarketinsights.com/reports/esd-protec..