Description
Gas Discharge Tubes Market size is valued at USD x million in 2021 and is expected to reach USD x million by 2028, at a CAGR of x% during the forecast period 2022-2028. Some of the key factors propelling the market growth include increasing hazardous accidents due to the flow of high voltage in an electronic device, rising awareness within industrial applications, increasing electronic industry, growth of the telecommunication industry, and increased adaptation of electronics in the automotive industry. However, the presence of substitute products which include the rising adoption of filter technology is hindering the market growth. A gas discharge tube is an electronic component in which the electrodes are arranged inside a tube-like structure, and are surrounded by gas within an insulating temperature-resistant envelope. Gas discharge tubes operate by the ionization of gas by the application of a sufficient amount of voltage that causes electrical conduction. Glass discharge tubes are used to protect several energy-sensitive types of equipment. Glass discharge tubes protect devices and persons from electric surges. Hence, they are used in many small as well as large electrical equipment. Gas discharge tubes are widely used in telecommunication devices, power supply devices, and TV equipment.