The Global Transient Voltage Suppressor Diode Market is expected to reach a value of
TVS or Transient Voltage Suppressors, a type of Zener diode, use the breakdown region characteristics to create reference voltage circuits with nearly constant voltage regardless of current. It serves a dual purpose as a protective element, absorbing growth & safeguarding circuits, as these diodes act as clamping surge protectors with clamping voltage denoted as VCL.
Categorized as power semiconductors, they effectively absorb high
energy for brief periods, allowing low operating resistance and high current ratings, reducing surge voltage (Vp) to the designated clamping voltage (VCL).
Key Takeaways
- By Type, Uni-polar TVS in 2023 & is anticipated to dominate throughout the forecasted period.
- In addition, Bi-Polar TVS are expected to have significant growth over the forecasted period.
- By Application, AC Supply Protection takes the lead & drives the market in 2023.
- Further, By End User, Industrial Power Supplies segment accounts for a major revenue share in 2023
- Asia Pacific has a 36.1% share of revenue in the Global Transient Voltage Suppressor Diode Market in 2023
Market Dynamic
In the past few years, they have seen significant revenue growth in the transient voltage suppressor market, driven by the growing demand for uninterrupted electrical supply, an increasing focus on dynamic mobility, & increasing awareness of its importance, mainly in developed nations, as these are developed to protect sensitive electrical equipment from high-voltage transients, these suppressors are now highly used in computing, automotive, and telecommunications sectors due to their quick reaction times in comparison to diode-based counterparts.
The trend towards component downsizing, along with the demand for effective transient voltage suppression in diverse applications, has further fueled their adoption. Also, government initiatives to improve electrical infrastructure & substantial investments from both public and private sectors are expected to contribute to continued market growth.
However, challenges like the availability of traditional energy management tools, high installation costs, unequal suppression in certain models, limited awareness among consumers, fluctuating prices of advanced diode raw materials, and strict regulations may impede market growth during the projected period. Even with these challenges, the growing awareness of the advantages of transient voltage suppressors, like low incremental surge resistance & high current protection, is driving their adoption across different sectors.
Research Scope and Analysis
By Type
The market is categorized into uni-polar & bi-polar TVS segments based on type, with the uni-polar TVS segment commanding the largest revenue share in 2023, as these devices are characterized by their ability to conduct current in one direction, providing effective protection against voltage spikes in electronic circuits, which have been broadly adopted for their simplicity & reliability in managing transient voltages, contributing significantly to the market's overall revenue.
Further, there's a noticeable growth in customer preference for bi-polar TVS and is expected to grow rapidly throughout the forecasted period, as the growing popularity of bi-polar TVS is owing to its capacity to rapidly clamp transient voltages to safe levels, preventing potential circuit damage, which is further fueled by the growing use of bi-polar TVS in diverting excess energy in low-power circuits & systems.
Also, these devices, known for their bi-directional charge flow, ease of use, rapid response, & optimal performance in moderate-frequency applications, are becoming highly sought-after in the evolving landscape of transient voltage suppression.
By Application
In terms of application, the market is segmented into DC supply protection, operational amplifier protection, AC supply protection, electromagnetic interference limitation, DC load protection, & others. In 2023, the AC supply protection sector emerged as the major driving segment with the highest revenue share, a trend anticipated to persist through the forecast period, which is driven by the growing usage of alternate current in residential power supply stations.
Also, the increasing reliance on Transient Voltage Suppressors (TVS) for safeguarding delicate AC circuitry in series connections & reducing supply fluctuations induced by lightning incidents is anticipated to be a key driver for the sustained growth of this market. As such, the market's trajectory is set to be driven by the expanding role of TVS in fortifying AC systems against potential disruptions & enhancing overall reliability.
By End User
The market is categorized into telecommunications, automotive, military/aerospace, industrial power supply, consumer products, computer, and other segments based on end users. In 2023, the industrial power supply segment claimed the largest share & is expected for rapid revenue growth during the forecast period, which is due to escalating power consumption in industries, present technological developments, and government assistance for the deployment of essential transient voltage suppressors.
Further, the industrial sector is expected to drive the growing adoption of TVS, driven by the growth in the utilization of heavy equipment like ACs, manufacturing machines, decompressors, & lighting/heating equipment, which is expected to significantly boost revenue growth within this segment.
In addition, the telecommunications segment secured the second-largest revenue share, driven by the broad use of TVS in office buildings & data centers that depend heavily on electricity, requiring a consistent & regulated voltage flow.
The Transient Voltage Suppressor Diode Market Report is segmented on the basis of the following:
By Type
- Uni-polar TVS
- Bi-polar TVS
By Application
- DC Supply Protection
- DC Load Protection
- AC Supply Protection
- Electro-Magnetic Interference Limiting
- Operational Amplifier Protection
- Others
By End User
- Automotive
- Industrial Power Supplies
- Military/Aerospace
- Telecommunication
- Computing
- Consumer Goods
- Others
Regional Analysis
Asia-Pacific region leads the transient voltage suppressor market with a significant 36.1% revenue share in 2023, owing to rapid urbanization, growing energy requirement, and successful solar & wind projects, which is further expected to persist in coming years due to sustained government initiatives for sustainable energy management & high installation of electrical suppressor systems in countries like India & China.
Further, North America is expected to claim a major market share during the forecast period, as high demand for electronic devices, broad use of voltage suppressors in the industrial sector, & the adoption of these devices during peak energy periods contribute to this growth. Also, factors like growing computing device adoption, a booming electronics industry, current research for advanced devices, & regulatory policies further drives North America's revenue growth in the transient voltage suppressor market.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The global transient voltage suppressor diode market features a competitive landscape with key players creating intense competition that revolves around product innovation, technological developments, & strategic collaborations. Further, these companies strive to enhance their market presence by providing a diverse range of high-performance transient voltage suppressor diodes, meeting the evolving demands of various industries, like automotive, electronics, and telecommunications.
In August 2023, Vishay Intertechnology launched an industry-first surface-mount solution for automotive applications. The Vishay General Semiconductor R3T2FPHM3 integrates a 3 A, 600 V standard rectifier with a 200 W TRANSZORB TVS in a compact FlatPAK 5 x 6 package. With features like an oxide planar chip junction design & common cathode circuit configuration, the device is ideal for high-reliability automotive applications, providing secondary protection for sensor units, airbag modules, and low-power DC/DC converters.
Some of the prominent players in the global Transient Voltage Suppressor Diode Market are:
- NXP
- Vishay
- Toshiba
- MDE
- Anova
- Infineon
- Microsemi
- Socay
- Semtech
- STMicroelectronics
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global Transient Voltage Suppressor Diode Market:
The COVID-19 pandemic & following economic recession have had a noticeable impact on the global transient voltage suppressor diode market, as the initial disruption in the supply chain, along with reduced manufacturing activities & workforce limitations, impacted production & distribution. Also, lockdowns & restrictions led to a decline in the need from various industries, impacting the market's growth.
However, the growing reliance on electronic devices for remote work &
digital communication created a growth in demand for transient voltage suppressor diodes, mainly in the IT & communication sectors. As businesses adapted to the new normal, the market experienced a gradual recovery. Further, the ongoing focus on digitization & the demand for reliable electronic equipment in different applications is expected to drive the market's resilience and recovery in the post-pandemic era.
Recent Development
- In November 2022, Infineon launched an advanced hot-swap controller customized for data centers, having a programmable digital Safe Operating Area (SOA) control, which offers a large input voltage range of 5.5 V to 80 V, with the capability to handle transients up to 100 V for a duration of 500 ms, and aims to enhance performance & safety in data center operations by providing advanced control over the hot-swap process and system monitoring.
- In October 2023, Alpha & Omega Semiconductor Limited launched the AOZ8S207BLS-01 Ultra-Low Reverse Working Voltage transient voltage suppressor (TVS) diode, catering to high-speed data line protection for USB4 & Thunderbolt 4 electrostatic discharge (ESD) scenarios. Designed with extremely low capacitance and swift response time, this TVS diode uses AOS' innovative Ultra-Low Breakdown Voltage platform & packaging, and stands out with its 0.15 pf capacitance, making effective protection in advanced connectivity applications.
- In November 2023, Littelfuse, Inc. introduced the Pxxx0S3N-A Automotive Grade 3kA SIDACtor Protection Thyristor Series in DO-214AB (SMC) package, which offers strong high surge current protection for equipment in harsh environments, meeting regulatory requirements for designers. With a high-power density design, it withstands surge currents up to 3 kA (8/20 µs) & 6 kV voltages with low clamping voltage. Ideal for Battery Electric Vehicles (BEV) & Plug-in Hybrid Electric Vehicles (PHEV), which allow superior transient growth in protection for on-board chargers, allowing reliable, robust, & cost-efficient AC power protection in automotive electronics.