Advanced Circuit Design Trends Propel MLV Adoption Globally

The global Multilayer Varistor (MLV) Market is on a robust growth trajectory, with a market value of US$ 0.5 Bn in 2024 projected to reach US$ 1.1 Bn by the end of 2035, expanding at a steady CAGR of 6.9% from 2025 to 2035. As modern electronic systems become increasingly sophisticated, the role of protective components like multilayer varistors ha

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