5G, EVs, and Renewable Energy Expand Varistor Applications
With the rapid development of new power systems and digital communication infrastructure, varistors (MOVs) are being widely used in the following scenarios:
5G macro base stations and indoor distribution systems (DAS)
Electric vehicle charging piles and vehicle electronic systems
Photovoltaic inverters and energy storage battery packs
Smart home power protection modules
According to Yole Group, the global MOV market is projected to exceed $1.4 billion USD in 2025, with 7.5% YoY growth driven by robust demand from energy and communication infrastructure.