What is the global market size of Intelligent Electronic Devices Market?

Inrush Current Limiter Market size was valued at USD 1.23 billion in 2021 and is poised to grow from USD 1.34 billion in 2022 to USD 2.67 billion by 2030, growing at a CAGR of 9% in the forecast period (2023-2030).

Global Inrush Current Limiter Companies

Global Inrush Current Limiter Market Competitive Landscape

Top Player's Company Profiles

Amphenol Corporation
Analog Devices, Inc.
Cypress Semiconductor Corporation
Eaton Corporation PLC
Infineon Technologies AG
Littelfuse, Inc.
Mouser Electronics, Inc.
Murata Manufacturing Co., Ltd.
Nexperia B.V.
ON Semiconductor Corporation
Panasonic Corporation
Renesas Electronics Corporation
Rohm Semiconductor
Schneider Electric SE
STMicroelectronics N.V.
TE Connectivity Ltd.
Texas Instruments, Inc.
TDK Corporation
Vishay Intertechnology, Inc.
Würth Elektronik GmbH & Co. KG

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Inrush Current Limiter Market size was valued at USD 1.34 billion in 2022 and is poised to grow from USD 1.46 billion in 2023 to USD 2.91 billion by 2031, at a CAGR of 9.00% during the forecast period (2024-2031).

Global inrush current limiter market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Amphenol Corporation', 'Analog Devices, Inc.', 'Cypress Semiconductor Corporation', 'Eaton Corporation PLC', 'Infineon Technologies AG', 'Littelfuse, Inc.', 'Mouser Electronics, Inc.', 'Murata Manufacturing Co., Ltd.', 'Nexperia B.V.', 'ON Semiconductor Corporation', 'Panasonic Corporation', 'Renesas Electronics Corporation', 'Rohm Semiconductor', 'Schneider Electric SE', 'STMicroelectronics N.V.', 'TE Connectivity Ltd.', 'Texas Instruments, Inc.', 'TDK Corporation', 'Vishay Intertechnology, Inc.', 'Würth Elektronik GmbH & Co. KG'

Due to the large applications of inrush current limiter in electronic circuits, the market is expected to surge during the forecast period. Because of many benefits including switch protection, prevention of fuses from potential errors, and reduced line-current distortion, the inrush current limiter market is growing at a healthy pace over the aforementioned timeline.

Inrush current limiter is expanding and evolving with the new innovations that can meet the requirement of the end-users especially in the industrial sector. Manufacturers are showing their interest in investment to promote the product that will keep the trend of usage of negative temperature coefficient (NTC) thermistors in the market for its simple design, lower component cost, and others.

Asia Pacific is anticipated to lead the global inrush current limiter market owing to the several factors such as growing power generation projects using green energy systems, and household electronics like PCs, TV sets, home inverters. Moreover, the increased requirement of inrush current limiters in consumer electronics, medical, automotive, aerospace, and military sectors may also boost the market growth during the anticipated period. The need for intelligent buildings in developing countries in the region is bringing the need for protection from sudden power surges, which is further propelling current limiters growth rate. In addition, the increasing alternative energy sources for primary applications in India, China, Japan, and others are also responsible for the regional growth.

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Global Inrush Current Limiter Market Size, Share, Growth Analysis, By Type(Negative temperature coefficient (NTC) thermistors, positive temperature coefficient (PTC) thermistors), By End-user(Automotive, industrial) - Industry Forecast 2024-2031

Global Inrush Current Limiter Market Competitive Landscape

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Global Inrush Current Limiter Market Size, Share, Growth Analysis, By Type(Negative temperature coefficient (NTC) thermistors, positive temperature coefficient (PTC) thermistors), By End-user(Automotive, industrial) - Industry Forecast 2024-2031

Global Inrush Current Limiter Market Competitive Landscape

Global Inrush Current Limiter Market Report Snapshots

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