The global chip metal oxide varistor (MOV) market was valued at USD 82.2 million in 2022 and is projected to grow steadily at a CAGR of 3.9% from 2023 to 2031. Driven by increasing demand for circuit protection in consumer electronics and industrial applications, the market is expected to reach approximately USD 116.5 million by the end of 2031. Metal oxide varistors (MOVs) have gained...