Gas Discharge Tubes Market
The market for Gas Discharge Tubes was estimated at $1.2 billion in 2024; it is anticipated to increase to $1.8 billion by 2030, with projections indicating growth to around $2.5 billion by 2035.
Global Gas Discharge Tubes Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Gas Discharge Tubes industry revenue is expected to be around $1.3 billion in 2025 and expected to showcase growth with 6.5% CAGR between 2025 and 2034. The significant rise in the market shows how important gas discharge tubes have become in industries lately. The enduring popularity of this product stems from its ability to provide electrical insulation and protect against high voltage surges while also delivering top notch performance in radio frequency applications. Some key factors driving the growth of this market include a growing number of electrical surges occurring and the increasing demand for protection among electronic devices due to advancements, in gas discharge tube technologies. Organizations, around the globe are focusing on protecting their infrastructures from disturbances as gas discharge tubes remain highly sought after. This trend is driving market growth.
Gas discharge tubes are highly valued in the field of electronics and telecommunications as an electronic component with gas filled sealed structures that provide dependable protection against overvoltages in various applications such as network equipment and industrial appliances and satellite systems. Lately there has been a growing interest in gas discharge tubes due to their suitability for high density board layouts and efficient protection capabilities, in tight spaces.
Market Key Insights
- The Gas Discharge Tubes market is projected to grow from $1.2 billion in 2024 to $2.3 billion in 2034. This represents a CAGR of 6.5%, reflecting rising demand across Surge Protection, Lightning Protection Systems and RF and Telecommunication Equipment.
- Bourns Inc., Littelfuse Inc., Eaton Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Gas Discharge Tubes market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- Transition like Adoption of Gas Discharge Tubes in Telecommunication Infrastructure has greater influence in United States and Germany market's value chain; and is expected to add $51 million of additional value to Gas Discharge Tubes industry revenue by 2030.
- The Gas Discharge Tubes market is set to add $1.1 billion between 2024 and 2034, with manufacturer targeting Industrial Automation & Consumer Electronics Application projected to gain a larger market share.
- With Evolving telecommunications industry, and Rising use in power grid protection, Gas Discharge Tubes market to expand 88% between 2024 and 2034.