The global Automotive Transient Suppression Diodes market size was estimated at US$ 613.82million in the year 2023

Global Automotive Transient Suppression Diodes Market Summary

Transient Suppression Diodes (also known as Transient Voltage Suppressors or Transorbs) are components used to suppress transient Voltages such as ESD events. They ground the clamped Voltage and therefore prevent spikes from causing damage to circuits and delicate components. This report focus on the automotive grade transient suppression diodes.

According to the new market research report “Global Automotive Transient Suppression Diodes Market Report 2024-2030”, published by GlobalInfoResearch, the global Automotive Transient Suppression Diodes market size was estimated at US$ 613.82million in the year 2023, is projected to reach a revised size of US$ 905.61 million by 2030, growing at a CAGR of 5.00% during the forecast period 2024-2030.

• Global Automotive Transient Suppression Diodes Market Size (US$ Million), 2019, 2023 and 2030

Source: GlobalInfoResearch, “Global Automotive Transient Suppression Diodes market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”.

Market Drivers: Growth in Automotive sales has contributed to the growth of the Automotive Transient Suppression Diodes market.

• Global Automotive Transient Suppression Diodes, Global Market Size, The Top Five Players Hold 53.8% of Overall Market

Source: GlobalInfoResearch, “Global Automotive Transient Suppression Diodes market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”.

At present, the major players of Automotive Transient Suppression Diodes in the world include: Nexperia, SEMTECH, STMicroelectronics, Vishay, Littelfuse, Amazing, UN Semiconductor and YAGEO, among which Nexperia is the world’s largest Automotive Transient Suppression Diodes manufacturer.

In 2023, the global top five Global Automotive Transient Suppression Diodes players account for 53.8% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Global Automotive Transient Suppression Diodes.

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