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Emergence of New Technology DomainsAlong with the rising digitalization worldwide, new technology domains such as electric vehicles, renewable energy systems, and Internet of Things are rapidly evolving. These domains involve the extensive usage of electronic components that require robust protection against voltage transients and faults occurring in their operation. For example, in electric vehicles, the battery management systems, charging circuits, and other control electronics are vulnerable to high voltage fluctuations during acceleration, regenerative braking, or energy recovery processes. Similarly, renewable energy generation through solar PV panels and wind turbines can induce damaging voltage spikes and surges. IoT gateways, sensor nodes, and other network devices may also experience electrical disturbances. Protecting sensitive components in such emerging applications has become vital. Transient voltage suppressor diodes have emerged as a reliable solution owing to their ability to withstand high transient currents and voltages. Their deployment helps ensure the reliable performance of safety critical systems. As technologies like EVs, IoT, and renewable energy gain widespread adoption, the need for robust TVS diodes is expected to rise significantly to provide surge protection in new product designs. This growing scope of implementation across disruptive domains is boosting the market demand.
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