APO RESEARCH · REPORT
Disc Metal Oxide Varistor
A disc metal-oxide varistor is a sintered ceramic voltage-dependent resistor, principally based on zinc oxide with other oxide additives.

Product & engineering
Understand the product.
The Disc Metal Oxide Varistors (MOV) are sophisticated electronic devices manufactured using complex technologies.
The ceramic microstructure contains conductive zinc-oxide grains separated by much more resistive intergranular regions. These boundaries produce strongly nonlinear conduction as voltage increases. Powder composition, pressing and sintering establish this structure; end contacts and peripheral passivation provide the electrical interface and surface protection. Disc thickness and area influence voltage and current capability, but the particular material and qualified design remain decisive.
During normal operation the varistor passes only leakage current. A transient overvoltage increases conduction and diverts surge current, limiting the voltage according to its current-voltage characteristic. The absorbed energy becomes heat throughout the active material. Leakage and heating depend on temperature, making cooling and thermal stability important after a surge or during a temporary overvoltage.
Arrester assemblies use appropriately selected blocks in a series stack, with the surrounding housing, contacts, insulation and mechanical support completing the protective device. Parallel columns require coordination of their electrical characteristics. Reference voltage at a specified test current, residual voltage during a specified impulse and continuous operating voltage describe different conditions; no single one defines the entire protection duty.
What turns activity into demand
Evaluate the protective voltage together with energy handling, leakage and the ability to recover thermally. A bare ZnO disc is a component, not a complete surge arrester or a certified protection system. Radial leaded low-voltage packages and arrester-stack blocks share nonlinear ceramic principles but require different integration. Disc varistors are distinct from multilayer chip varistors and gas-discharge tubes.
The commercial boundary
A bare ZnO disc is a component, not a complete surge arrester or a certified protection system. Radial leaded low-voltage packages and arrester-stack blocks share nonlinear ceramic principles but require different integration. Disc varistors are distinct from multilayer chip varistors and gas-discharge tubes.
Selected research
Industry Research
Disc Metal Oxide Varistor Industry Research Report 2026
Market perspective
The Disc Metal Oxide Varistors (MOV) are sophisticated electronic devices manufactured using complex technologies.
Disc Metal Oxide Varistor industry is relatively concentrated, manufacturers are mostly in the EU, North America and Asia Pacific. Among them, China revenue accounted for more than 37% of the total output of global Disc Metal Oxide Varistor. ABB is the world leading manufacturer of Disc Metal Oxide Varistor in the world.
Report Scope
Read the full market overview
This report quantifies the global Disc Metal Oxide Varistor market in revenue (US$ million) and, where applicable, sales volume (K Pcs), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Pcs) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Disc Metal Oxide Varistor.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Disc Metal Oxide Varistor Market by Company
ABB
SIEMENS
TOSHIBA
Elpro
MacLean Power Systems
OTOWA Electric
MEIDENSHA CORPORATION
Nanyang Jinguan
Pinggao
RIGHT ELECTRIC
Zhejiang Bitai
YUEQING TIANYI
Nanyang Zhongwei
Nanyang Jinniu
Wuhan Yinghe
Disc Metal Oxide Varistor Segment by Type
LV MOV
HV-MV MOV
Disc Metal Oxide Varistor Segment by Application
Telecommunication
Power
Building
Railway
Petrochemical
New Energy
Others
Disc Metal Oxide Varistor Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Disc Metal Oxide Varistor market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Disc Metal Oxide Varistor and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Disc Metal Oxide Varistor.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Disc Metal Oxide Varistor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Disc Metal Oxide Varistor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Disc Metal Oxide Varistor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- LV MOV
- HV-MV MOV
Applications
- Telecommunication
- Power
- Building
- Railway
- Petrochemical
- New Energy
- Others
Companies covered
- ABB
- SIEMENS
- TOSHIBA
- Elpro
- MacLean Power Systems
- OTOWA Electric
- MEIDENSHA CORPORATION
- Nanyang Jinguan
- Pinggao
- RIGHT ELECTRIC
- Zhejiang Bitai
- YUEQING TIANYI
- Nanyang Zhongwei
- Nanyang Jinniu
- Wuhan Yinghe
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Disc Metal Oxide Varistor by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 LV MOV
- 2.2.3 HV-MV MOV
- 2.3 Disc Metal Oxide Varistor by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Telecommunication
- 2.3.3 Power
- 2.3.4 Building
- 2.3.5 Railway
- 2.3.6 Petrochemical
- 2.3.7 New Energy
- 2.3.8 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Disc Metal Oxide Varistor Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Disc Metal Oxide Varistor Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Disc Metal Oxide Varistor Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Disc Metal Oxide Varistor Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Disc Metal Oxide Varistor Production by Manufacturers (2021-2026)
- 3.2 Global Disc Metal Oxide Varistor Production Value by Manufacturers (2021-2026)
- 3.3 Global Disc Metal Oxide Varistor Average Price by Manufacturers (2021-2026)
- 3.4 Global Disc Metal Oxide Varistor Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Disc Metal Oxide Varistor Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Disc Metal Oxide Varistor Manufacturers, Product Type & Application
- 3.7 Global Disc Metal Oxide Varistor Manufacturers Established Date
- 3.8 Global Disc Metal Oxide Varistor Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 ABB
- 4.1.1 ABB Disc Metal Oxide Varistor Company Information
- 4.1.2 ABB Disc Metal Oxide Varistor Business Overview
- 4.1.3 ABB Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.1.4 ABB Product Portfolio
- 4.1.5 ABB Recent Developments
- 4.2 SIEMENS
- 4.2.1 SIEMENS Disc Metal Oxide Varistor Company Information
- 4.2.2 SIEMENS Disc Metal Oxide Varistor Business Overview
- 4.2.3 SIEMENS Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.2.4 SIEMENS Product Portfolio
- 4.2.5 SIEMENS Recent Developments
- 4.3 TOSHIBA
- 4.3.1 TOSHIBA Disc Metal Oxide Varistor Company Information
- 4.3.2 TOSHIBA Disc Metal Oxide Varistor Business Overview
- 4.3.3 TOSHIBA Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.3.4 TOSHIBA Product Portfolio
- 4.3.5 TOSHIBA Recent Developments
- 4.4 Elpro
- 4.4.1 Elpro Disc Metal Oxide Varistor Company Information
- 4.4.2 Elpro Disc Metal Oxide Varistor Business Overview
- 4.4.3 Elpro Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.4.4 Elpro Product Portfolio
- 4.4.5 Elpro Recent Developments
- 4.5 MacLean Power Systems
- 4.5.1 MacLean Power Systems Disc Metal Oxide Varistor Company Information
- 4.5.2 MacLean Power Systems Disc Metal Oxide Varistor Business Overview
- 4.5.3 MacLean Power Systems Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.5.4 MacLean Power Systems Product Portfolio
- 4.5.5 MacLean Power Systems Recent Developments
- 4.6 OTOWA Electric
- 4.6.1 OTOWA Electric Disc Metal Oxide Varistor Company Information
- 4.6.2 OTOWA Electric Disc Metal Oxide Varistor Business Overview
- 4.6.3 OTOWA Electric Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.6.4 OTOWA Electric Product Portfolio
- 4.6.5 OTOWA Electric Recent Developments
- 4.7 MEIDENSHA CORPORATION
- 4.7.1 MEIDENSHA CORPORATION Disc Metal Oxide Varistor Company Information
- 4.7.2 MEIDENSHA CORPORATION Disc Metal Oxide Varistor Business Overview
- 4.7.3 MEIDENSHA CORPORATION Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.7.4 MEIDENSHA CORPORATION Product Portfolio
- 4.7.5 MEIDENSHA CORPORATION Recent Developments
- 4.8 Nanyang Jinguan
- 4.8.1 Nanyang Jinguan Disc Metal Oxide Varistor Company Information
- 4.8.2 Nanyang Jinguan Disc Metal Oxide Varistor Business Overview
- 4.8.3 Nanyang Jinguan Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.8.4 Nanyang Jinguan Product Portfolio
- 4.8.5 Nanyang Jinguan Recent Developments
- 4.9 Pinggao
- 4.9.1 Pinggao Disc Metal Oxide Varistor Company Information
- 4.9.2 Pinggao Disc Metal Oxide Varistor Business Overview
- 4.9.3 Pinggao Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.9.4 Pinggao Product Portfolio
- 4.9.5 Pinggao Recent Developments
- 4.10 RIGHT ELECTRIC
- 4.10.1 RIGHT ELECTRIC Disc Metal Oxide Varistor Company Information
- 4.10.2 RIGHT ELECTRIC Disc Metal Oxide Varistor Business Overview
- 4.10.3 RIGHT ELECTRIC Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.10.4 RIGHT ELECTRIC Product Portfolio
- 4.10.5 RIGHT ELECTRIC Recent Developments
- 4.11 Zhejiang Bitai
- 4.11.1 Zhejiang Bitai Disc Metal Oxide Varistor Company Information
- 4.11.2 Zhejiang Bitai Disc Metal Oxide Varistor Business Overview
- 4.11.3 Zhejiang Bitai Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.11.4 Zhejiang Bitai Product Portfolio
- 4.11.5 Zhejiang Bitai Recent Developments
- 4.12 YUEQING TIANYI
- 4.12.1 YUEQING TIANYI Disc Metal Oxide Varistor Company Information
- 4.12.2 YUEQING TIANYI Disc Metal Oxide Varistor Business Overview
- 4.12.3 YUEQING TIANYI Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.12.4 YUEQING TIANYI Product Portfolio
- 4.12.5 YUEQING TIANYI Recent Developments
- 4.13 Nanyang Zhongwei
- 4.13.1 Nanyang Zhongwei Disc Metal Oxide Varistor Company Information
- 4.13.2 Nanyang Zhongwei Disc Metal Oxide Varistor Business Overview
- 4.13.3 Nanyang Zhongwei Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.13.4 Nanyang Zhongwei Product Portfolio
- 4.13.5 Nanyang Zhongwei Recent Developments
- 4.14 Nanyang Jinniu
- 4.14.1 Nanyang Jinniu Disc Metal Oxide Varistor Company Information
- 4.14.2 Nanyang Jinniu Disc Metal Oxide Varistor Business Overview
- 4.14.3 Nanyang Jinniu Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.14.4 Nanyang Jinniu Product Portfolio
- 4.14.5 Nanyang Jinniu Recent Developments
- 4.15 Wuhan Yinghe
- 4.15.1 Wuhan Yinghe Disc Metal Oxide Varistor Company Information
- 4.15.2 Wuhan Yinghe Disc Metal Oxide Varistor Business Overview
- 4.15.3 Wuhan Yinghe Disc Metal Oxide Varistor Production, Value and Gross Margin (2021-2026)
- 4.15.4 Wuhan Yinghe Product Portfolio
- 4.15.5 Wuhan Yinghe Recent Developments
5 Global Disc Metal Oxide Varistor Production by Region
- 5.1 Global Disc Metal Oxide Varistor Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Disc Metal Oxide Varistor Production by Region: 2021-2032
- 5.2.1 Global Disc Metal Oxide Varistor Production by Region: 2021-2026
- 5.2.2 Global Disc Metal Oxide Varistor Production Forecast by Region (2027-2032)
- 5.3 Global Disc Metal Oxide Varistor Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Disc Metal Oxide Varistor Production Value by Region: 2021-2032
- 5.4.1 Global Disc Metal Oxide Varistor Production Value by Region: 2021-2026
- 5.4.2 Global Disc Metal Oxide Varistor Production Value Forecast by Region (2027-2032)
- 5.5 Global Disc Metal Oxide Varistor Market Price Analysis by Region (2021-2026)
- 5.6 Global Disc Metal Oxide Varistor Production and Value, YOY Growth
- 5.6.1 North America Disc Metal Oxide Varistor Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Disc Metal Oxide Varistor Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Disc Metal Oxide Varistor Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Disc Metal Oxide Varistor Production Value Estimates and Forecasts (2021-2032)
6 Global Disc Metal Oxide Varistor Consumption by Region
- 6.1 Global Disc Metal Oxide Varistor Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Disc Metal Oxide Varistor Consumption by Region (2021-2032)
- 6.2.1 Global Disc Metal Oxide Varistor Consumption by Region: 2021-2026
- 6.2.2 Global Disc Metal Oxide Varistor Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Disc Metal Oxide Varistor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Disc Metal Oxide Varistor Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Disc Metal Oxide Varistor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Disc Metal Oxide Varistor Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Disc Metal Oxide Varistor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Disc Metal Oxide Varistor Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Disc Metal Oxide Varistor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Disc Metal Oxide Varistor Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Disc Metal Oxide Varistor Production by Type (2021-2032)
- 7.1.1 Global Disc Metal Oxide Varistor Production by Type (2021-2032) & (K Pcs)
- 7.1.2 Global Disc Metal Oxide Varistor Production Market Share by Type (2021-2032)
- 7.2 Global Disc Metal Oxide Varistor Production Value by Type (2021-2032)
- 7.2.1 Global Disc Metal Oxide Varistor Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Disc Metal Oxide Varistor Production Value Market Share by Type (2021-2032)
- 7.3 Global Disc Metal Oxide Varistor Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Disc Metal Oxide Varistor Production by Application (2021-2032)
- 8.1.1 Global Disc Metal Oxide Varistor Production by Application (2021-2032) & (K Pcs)
- 8.1.2 Global Disc Metal Oxide Varistor Production Market Share by Application (2021-2032)
- 8.2 Global Disc Metal Oxide Varistor Production Value by Application (2021-2032)
- 8.2.1 Global Disc Metal Oxide Varistor Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Disc Metal Oxide Varistor Production Value Market Share by Application (2021-2032)
- 8.3 Global Disc Metal Oxide Varistor Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Disc Metal Oxide Varistor Value Chain Analysis
- 9.1.1 Disc Metal Oxide Varistor Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Disc Metal Oxide Varistor Production Mode & Process
- 9.2 Disc Metal Oxide Varistor Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Disc Metal Oxide Varistor Distributors
- 9.2.3 Disc Metal Oxide Varistor Customers
10 Global Disc Metal Oxide Varistor Analyzing Market Dynamics
- 10.1 Disc Metal Oxide Varistor Industry Trends
- 10.2 Disc Metal Oxide Varistor Industry Drivers
- 10.3 Disc Metal Oxide Varistor Industry Opportunities and Challenges
- 10.4 Disc Metal Oxide Varistor Industry Restraints
11 Report Conclusion
12 Disclaimer
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