The Overvoltage and Surge Protection IC Market was valued at US$ 2.3 billion in 2024 and is projected to reach US$ 3.5 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2025-2032).

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Overvoltage and Surge Protection IC Market Overview

1. The U.S. market size for Overvoltage and Surge Protection IC is estimated at $450 million in 2024.

2. Meanwhile, China is projected to reach $620 million by the same year.

Overvoltage and Surge Protection IC Key Market Trends  :

1. Increasing use in automotive electronics
   As vehicles incorporate more sensors and electronic systems, the demand for overvoltage protection ICs continues to surge.

2. Growing importance of USB-C and fast charging
   Surge protection ICs are being adopted widely in fast-charging applications to prevent damage from voltage spikes.

3. Industrial automation adoption
   With the rise of Industry 4.0, there is a growing need for ICs that protect machinery from voltage fluctuations.

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Total Market by Segment:

Global Overvoltage and Surge Protection IC market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global Overvoltage and Surge Protection IC market segment percentages, by Type, 2024 (%)

1. Less than 100V

2. 100V – 500V

3. Over 500V

Global Overvoltage and Surge Protection IC market, by Application, 2020-2025, 2026-2031 ($ Millions) & (K Units)
Global Overvoltage and Surge Protection IC market segment percentages, by Application, 2024 (%)

1. Automotive

2. Consumer Electronics

3. Aerospace and Military

4. Industrial

5. Others

Further, the report presents profiles of competitors in the market, key players include:

1. Kinetic Technologies

2. Texas Instruments

3. Analog Devices

4. Bourns

5. NXP Semiconductors

6. ON Semiconductor

7. Rochester Electronics LLC

8. STMicroelectronics

9. Diodes Incorporated

10. Mornsun Power

11. Toshiba

12. ROHM Semiconductor

13. Infineon Technologies

14. Shanghai Awinic Technology

15. Shanghai Prisemi Electronics

Market Drivers

1. Rapid growth of consumer electronics
   Smartphones, laptops, and home devices require consistent voltage protection, increasing the demand for ICs.

2. Surge in automotive electronics
   EVs and ADAS technologies are pushing automakers to implement robust surge protection systems.

3. Rising investment in industrial IoT
   Industrial equipment is more digitally connected than ever, necessitating reliable overvoltage protection components.

FAQs

Q: What are the key driving factors and opportunities in the Overvoltage and Surge Protection IC market?
A: Rising demand from automotive, consumer electronics, and industrial automation sectors, along with opportunities in 5G and renewable energy, are key drivers.

Q: Which region is projected to have the largest market share?
A: Asia-Pacific, especially China, is expected to dominate the market due to rapid electronics manufacturing growth.

Q: Who are the top players in the global Overvoltage and Surge Protection IC market?
A: Key players include Texas Instruments, Analog Devices, STMicroelectronics, ON Semiconductor, and NXP Semiconductors.

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About Semiconductor Insight:

Established in 2016, Semiconductor Insight specializes in providing comprehensive semiconductor industry research and analysis to support businesses in making well-informed decisions within this dynamic and fast-paced sector. From the beginning, we have been committed to delivering in-depth semiconductor market research, identifying key trends, opportunities, and challenges shaping the global semiconductor industry.

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