Overvoltage and Surge Protection IC Market, Global Outlook and Forecast 2025-2032
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).
Overvoltage and Surge Protection IC Market Overview
- The U.S. market size for Overvoltage and Surge Protection IC is estimated at $450 million in 2024.
- Meanwhile, China is projected to reach $620 million by the same year.
Overvoltage and Surge Protection IC Key Market Trends :
- Increasing use in automotive electronics
As vehicles incorporate more sensors and electronic systems, the demand for overvoltage protection ICs continues to surge. - Growing importance of USB-C and fast charging
Surge protection ICs are being adopted widely in fast-charging applications to prevent damage from voltage spikes. - Industrial automation adoption
With the rise of Industry 4.0, there is a growing need for ICs that protect machinery from voltage fluctuations.
Total Market by Segment:
Global Overvoltage and Surge Protection IC market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global Overvoltage and Surge Protection IC market segment percentages, by Type, 2024 (%)
- Less than 100V
- 100V – 500V
- 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 (%)
- Automotive
- Consumer Electronics
- Aerospace and Military
- Industrial
- Others
Further, the report presents profiles of competitors in the market, key players include:
- Kinetic Technologies
- Texas Instruments
- Analog Devices
- Bourns
- NXP Semiconductors
- ON Semiconductor
- Rochester Electronics LLC
- STMicroelectronics
- Diodes Incorporated
- Mornsun Power
- Toshiba
- ROHM Semiconductor
- Infineon Technologies
- Shanghai Awinic Technology
- Shanghai Prisemi Electronics
Market Drivers
- Rapid growth of consumer electronics
Smartphones, laptops, and home devices require consistent voltage protection, increasing the demand for ICs. - Surge in automotive electronics
EVs and ADAS technologies are pushing automakers to implement robust surge protection systems. - 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.
Click Here to Download Your Free Sample Report
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.
CONTACT US:
North Main Road Koregaon Park, Pune, India - 411001.
Tel: +91 8087992013
City vista, 203A, Fountain Road, Ashoka Nagar, Kharadi, Pune, Maharashtra 411014