Uploaded on Mar 24, 2022
Surge protection devices market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the surge protection devices market to exhibit a CAGR of 5.50% for the forecast period of 2022 to 2029. https://www.databridgemarketresearch.com/reports/global-surge-protection-devices-market
Surge Protection Devices Market Industry Analysis, Size, Share, Growth and Forecast
Surge Protection Devices Market Industry Analysis,
Size, Share, Growth and Forecast
Surge Protection Devices Market, By Type (Hard Wired Surge Protection Devices, Plug in
Surge Protection Devices, Line Cord Surge Protectors, Power Control Devices Surge
Protection Devices), End- User (Industrial, Commercial, Residential), Discharge Current
(Below 10 kA, 10 kA–25 kA, Above 25 kA), Component (Metal Oxide Varisto, Gas
Discharge Tube, Silicon Avalanche Diode, Others), Industry Trends and Forecast to 2029
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Market Analysis and Insights
Surge protection devices market is expected to gain market growth in the forecast period
of 2022 to 2029. Data Bridge Market Research analyses the surge protection devices
market to exhibit a CAGR of 5.50% for the forecast period of 2022 to 2029.
A power surge is basically a significant increase in voltage above the normal designated
level and when power voltage rises above the standard voltage, it can damage the
electronic equipment. The surge protection devices are basically the devices that allow
multiple components to plug into a single power socket. These devices protect the
electronic equipment from any damage.
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Major Key Players
Some of the major players operating in this market are :
• Zhejiang Yuelong Electric Co., Ltd,
• True Power Earthings Private Limited.
• Havells India Ltd.
• ABB
• Schneider Electric
• Cirprotec, S.L.
• Eaton
• Littelfuse, Inc.,
• MERSEN
• Bourns, Inc
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Market Segmentation
By Type (Hard Wired Surge Protection Devices, Plug in Surge Protection Devices, Line
Cord Surge Protectors, Power Control Devices Surge Protection Devices)
By End- User (Industrial, Commercial, Residential)
By Component (Metal Oxide Varisto, Gas Discharge Tube, Silicon Avalanche Diode,
Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
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