The global Multilayer SMD Varistor market size was estimated at USD 214 million in 2023 and is projected to reach USD 326.34 million by 2032, exhibiting a CAGR of 4.80% during the forecast period.
North America Multilayer SMD Varistor market size was estimated at USD 60.45 million in 2023, at a CAGR of 4.11% during the forecast period of 2025 through 2032.
Market Segmentation (by Type)
PTC SMD Varistor
NTC SMD Varistor
Market Segmentation (by Application)
Automotive
Consumer Electronics
Household Appliances
Others
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