Metal Oxide Varistors (MOV) Market Expansion Strategies and Future Outlook 2032
The global Metal Oxide Varistors (MOV) Market is experiencing strong momentum as industries intensify their focus on advanced surge protection technologies for modern electronic systems. The market, valued at US$ 12,167.98 million in 2024, is projected to grow at a robust CAGR of 10.5% from 2025 to 2032, driven by rising deployment of sensitive electronic devices across industrial, commercial,...
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