According to a new market report published by Transparency Market Research titled ‘ESD Protection Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ the global ESD protection devices market is expected to reach value of US$ 3,903.0 Mn by 2026. The market is projected to expand at a CAGR of 4.23% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of factors such as rising penetration of smartphones, growing popularity of IoT, and increasing use of electronics in the automotive industry. 

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Based on material, the global ESD protection devices market has been divided into ceramic and silicon. The silicon segment is expected to reach value of over US$ 2,000.0 Mn by 2026. Silicon is significantly used in ESD protection devices, as the material offers high ESD protection performance. Due to this, several manufacturers including ROHM Semiconductor and Protek Devices are manufacturing ESD protection devices based on silicon. Furthermore, silicon-based ESD protection devices are being largely used in the consumer electronics industry. Additionally, silicon provides more power in less area. Hence, it is highly useful for smaller electronic devices that are more susceptible to electrostatic discharge (ESD).

The ESD protection device safeguards the entire circuit design, which is built by using the highly advanced CMOS technology. A large number of IC manufacturers are using innovative and highly advanced CMOS technologies to improve the performance of their systems. The unidirectional segment of the global ESD protection devices market is expected to hold a major market share during the forecast period, as a majority of circuit designs are based on the CMOS technology. The CMOS technology is used to form integrated circuits (ICs). It is extensively used in chip design. Furthermore, chip designers are using unidirectional ESD protection devices, as use of bidirectional devices may result in overload.

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Based on end-user, the ESD protection devices market has been segregated into consumer electronics, automotive, aerospace & defense, and others. The others segment includes energy and telecommunications. The automotive industry is evolving, owing to technological innovations such as telematics, connectivity of vehicles through cloud, infotainment, automotive touchscreen control systems, and driver assistance systems. These electronic systems are connected by a large number of interfaces and networks such as USB 2.0, low-voltage differential signaling, HDMI, automotive pixel link, LIN control system, and Ethernet. To safeguard these interfaces and networks from ESD is highly important for efficient functioning of an automotive electronic system. Furthermore, ESD protection devices provide protection from unwanted voltage distortions that can hamper the performance of the automotive electronic system