Global Surge Protection Devices Market Research Report 2024(Status and Outlook)

Global Surge Protection Devices Market Research Report 2024(Status and Outlook)



Report Overview:

A surge protective device (SPD) is a protective device for limiting transient voltages by diverting or limiting surge current and is capable of repeating these functions as specified.

Surge Protective Devices are designed to protect against transient surge conditions. Large single surge events, such as lightning, can reach hundreds of thousands of volts and can cause immediate or intermittent equipment failure. However, lightning and utility power anomalies only account for 20% of transient surges. The remaining 85% of surge activity is produced internally. Although these surges may be smaller in magnitude, they occur more frequently and with continuous exposure can degrade sensitive electronic equipment within the facility.

The Global Surge Protection Devices Market Size was estimated at USD 2323.19 million in 2023 and is projected to reach USD 2741.85 million by 2029, exhibiting a CAGR of 2.80% during the forecast period.

This report provides a deep insight into the global Surge Protection Devices market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Surge Protection Devices Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Surge Protection Devices market in any manner.

Global Surge Protection Devices Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ABB

Eaton

Emersen Electric

Siemens

Schneider Electric

General Electric

Littelfuse

Advanced Protection Technologies

Belkin

Leviton Manufacturing

Tripp Lite

Panamax

REV Ritter

Raycap

Phoenix Contact

Hubbell

Legrand

Mersen Electrical Power

Citel

MVC-Maxivolt

Koninklijke Philips

Pentair Electrical & Fastening Solutions

MCG Surge Protection

JMV

ISG

Market Segmentation (by Type)

Below 10 kA

10 kA-25 kA

Above 25 kA

Market Segmentation (by Application)

Industrial

Commercial

Residential

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Surge Protection Devices Market
  • Overview of the regional outlook of the Surge Protection Devices Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Surge Protection Devices Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Surge Protection Devices
1.2 Key Market Segments
1.2.1 Surge Protection Devices Segment by Type
1.2.2 Surge Protection Devices Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Surge Protection Devices Market Overview
2.1 Global Market Overview
2.1.1 Global Surge Protection Devices Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Surge Protection Devices Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Surge Protection Devices Market Competitive Landscape
3.1 Global Surge Protection Devices Sales by Manufacturers (2019-2024)
3.2 Global Surge Protection Devices Revenue Market Share by Manufacturers (2019-2024)
3.3 Surge Protection Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Surge Protection Devices Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Surge Protection Devices Sales Sites, Area Served, Product Type
3.6 Surge Protection Devices Market Competitive Situation and Trends
3.6.1 Surge Protection Devices Market Concentration Rate
3.6.2 Global 5 and 10 Largest Surge Protection Devices Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Surge Protection Devices Industry Chain Analysis
4.1 Surge Protection Devices Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Surge Protection Devices Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Surge Protection Devices Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Surge Protection Devices Sales Market Share by Type (2019-2024)
6.3 Global Surge Protection Devices Market Size Market Share by Type (2019-2024)
6.4 Global Surge Protection Devices Price by Type (2019-2024)
7 Surge Protection Devices Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Surge Protection Devices Market Sales by Application (2019-2024)
7.3 Global Surge Protection Devices Market Size (M USD) by Application (2019-2024)
7.4 Global Surge Protection Devices Sales Growth Rate by Application (2019-2024)
8 Surge Protection Devices Market Segmentation by Region
8.1 Global Surge Protection Devices Sales by Region
8.1.1 Global Surge Protection Devices Sales by Region
8.1.2 Global Surge Protection Devices Sales Market Share by Region
8.2 North America
8.2.1 North America Surge Protection Devices Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Surge Protection Devices Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Surge Protection Devices Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Surge Protection Devices Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Surge Protection Devices Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 ABB
9.1.1 ABB Surge Protection Devices Basic Information
9.1.2 ABB Surge Protection Devices Product Overview
9.1.3 ABB Surge Protection Devices Product Market Performance
9.1.4 ABB Business Overview
9.1.5 ABB Surge Protection Devices SWOT Analysis
9.1.6 ABB Recent Developments
9.2 Eaton
9.2.1 Eaton Surge Protection Devices Basic Information
9.2.2 Eaton Surge Protection Devices Product Overview
9.2.3 Eaton Surge Protection Devices Product Market Performance
9.2.4 Eaton Business Overview
9.2.5 Eaton Surge Protection Devices SWOT Analysis
9.2.6 Eaton Recent Developments
9.3 Emersen Electric
9.3.1 Emersen Electric Surge Protection Devices Basic Information
9.3.2 Emersen Electric Surge Protection Devices Product Overview
9.3.3 Emersen Electric Surge Protection Devices Product Market Performance
9.3.4 Emersen Electric Surge Protection Devices SWOT Analysis
9.3.5 Emersen Electric Business Overview
9.3.6 Emersen Electric Recent Developments
9.4 Siemens
9.4.1 Siemens Surge Protection Devices Basic Information
9.4.2 Siemens Surge Protection Devices Product Overview
9.4.3 Siemens Surge Protection Devices Product Market Performance
9.4.4 Siemens Business Overview
9.4.5 Siemens Recent Developments
9.5 Schneider Electric
9.5.1 Schneider Electric Surge Protection Devices Basic Information
9.5.2 Schneider Electric Surge Protection Devices Product Overview
9.5.3 Schneider Electric Surge Protection Devices Product Market Performance
9.5.4 Schneider Electric Business Overview
9.5.5 Schneider Electric Recent Developments
9.6 General Electric
9.6.1 General Electric Surge Protection Devices Basic Information
9.6.2 General Electric Surge Protection Devices Product Overview
9.6.3 General Electric Surge Protection Devices Product Market Performance
9.6.4 General Electric Business Overview
9.6.5 General Electric Recent Developments
9.7 Littelfuse
9.7.1 Littelfuse Surge Protection Devices Basic Information
9.7.2 Littelfuse Surge Protection Devices Product Overview
9.7.3 Littelfuse Surge Protection Devices Product Market Performance
9.7.4 Littelfuse Business Overview
9.7.5 Littelfuse Recent Developments
9.8 Advanced Protection Technologies
9.8.1 Advanced Protection Technologies Surge Protection Devices Basic Information
9.8.2 Advanced Protection Technologies Surge Protection Devices Product Overview
9.8.3 Advanced Protection Technologies Surge Protection Devices Product Market Performance
9.8.4 Advanced Protection Technologies Business Overview
9.8.5 Advanced Protection Technologies Recent Developments
9.9 Belkin
9.9.1 Belkin Surge Protection Devices Basic Information
9.9.2 Belkin Surge Protection Devices Product Overview
9.9.3 Belkin Surge Protection Devices Product Market Performance
9.9.4 Belkin Business Overview
9.9.5 Belkin Recent Developments
9.10 Leviton Manufacturing
9.10.1 Leviton Manufacturing Surge Protection Devices Basic Information
9.10.2 Leviton Manufacturing Surge Protection Devices Product Overview
9.10.3 Leviton Manufacturing Surge Protection Devices Product Market Performance
9.10.4 Leviton Manufacturing Business Overview
9.10.5 Leviton Manufacturing Recent Developments
9.11 Tripp Lite
9.11.1 Tripp Lite Surge Protection Devices Basic Information
9.11.2 Tripp Lite Surge Protection Devices Product Overview
9.11.3 Tripp Lite Surge Protection Devices Product Market Performance
9.11.4 Tripp Lite Business Overview
9.11.5 Tripp Lite Recent Developments
9.12 Panamax
9.12.1 Panamax Surge Protection Devices Basic Information
9.12.2 Panamax Surge Protection Devices Product Overview
9.12.3 Panamax Surge Protection Devices Product Market Performance
9.12.4 Panamax Business Overview
9.12.5 Panamax Recent Developments
9.13 REV Ritter
9.13.1 REV Ritter Surge Protection Devices Basic Information
9.13.2 REV Ritter Surge Protection Devices Product Overview
9.13.3 REV Ritter Surge Protection Devices Product Market Performance
9.13.4 REV Ritter Business Overview
9.13.5 REV Ritter Recent Developments
9.14 Raycap
9.14.1 Raycap Surge Protection Devices Basic Information
9.14.2 Raycap Surge Protection Devices Product Overview
9.14.3 Raycap Surge Protection Devices Product Market Performance
9.14.4 Raycap Business Overview
9.14.5 Raycap Recent Developments
9.15 Phoenix Contact
9.15.1 Phoenix Contact Surge Protection Devices Basic Information
9.15.2 Phoenix Contact Surge Protection Devices Product Overview
9.15.3 Phoenix Contact Surge Protection Devices Product Market Performance
9.15.4 Phoenix Contact Business Overview
9.15.5 Phoenix Contact Recent Developments
9.16 Hubbell
9.16.1 Hubbell Surge Protection Devices Basic Information
9.16.2 Hubbell Surge Protection Devices Product Overview
9.16.3 Hubbell Surge Protection Devices Product Market Performance
9.16.4 Hubbell Business Overview
9.16.5 Hubbell Recent Developments
9.17 Legrand
9.17.1 Legrand Surge Protection Devices Basic Information
9.17.2 Legrand Surge Protection Devices Product Overview
9.17.3 Legrand Surge Protection Devices Product Market Performance
9.17.4 Legrand Business Overview
9.17.5 Legrand Recent Developments
9.18 Mersen Electrical Power
9.18.1 Mersen Electrical Power Surge Protection Devices Basic Information
9.18.2 Mersen Electrical Power Surge Protection Devices Product Overview
9.18.3 Mersen Electrical Power Surge Protection Devices Product Market Performance
9.18.4 Mersen Electrical Power Business Overview
9.18.5 Mersen Electrical Power Recent Developments
9.19 Citel
9.19.1 Citel Surge Protection Devices Basic Information
9.19.2 Citel Surge Protection Devices Product Overview
9.19.3 Citel Surge Protection Devices Product Market Performance
9.19.4 Citel Business Overview
9.19.5 Citel Recent Developments
9.20 MVC-Maxivolt
9.20.1 MVC-Maxivolt Surge Protection Devices Basic Information
9.20.2 MVC-Maxivolt Surge Protection Devices Product Overview
9.20.3 MVC-Maxivolt Surge Protection Devices Product Market Performance
9.20.4 MVC-Maxivolt Business Overview
9.20.5 MVC-Maxivolt Recent Developments
9.21 Koninklijke Philips
9.21.1 Koninklijke Philips Surge Protection Devices Basic Information
9.21.2 Koninklijke Philips Surge Protection Devices Product Overview
9.21.3 Koninklijke Philips Surge Protection Devices Product Market Performance
9.21.4 Koninklijke Philips Business Overview
9.21.5 Koninklijke Philips Recent Developments
9.22 Pentair Electrical and Fastening Solutions
9.22.1 Pentair Electrical and Fastening Solutions Surge Protection Devices Basic Information
9.22.2 Pentair Electrical and Fastening Solutions Surge Protection Devices Product Overview
9.22.3 Pentair Electrical and Fastening Solutions Surge Protection Devices Product Market Performance
9.22.4 Pentair Electrical and Fastening Solutions Business Overview
9.22.5 Pentair Electrical and Fastening Solutions Recent Developments
9.23 MCG Surge Protection
9.23.1 MCG Surge Protection Surge Protection Devices Basic Information
9.23.2 MCG Surge Protection Surge Protection Devices Product Overview
9.23.3 MCG Surge Protection Surge Protection Devices Product Market Performance
9.23.4 MCG Surge Protection Business Overview
9.23.5 MCG Surge Protection Recent Developments
9.24 JMV
9.24.1 JMV Surge Protection Devices Basic Information
9.24.2 JMV Surge Protection Devices Product Overview
9.24.3 JMV Surge Protection Devices Product Market Performance
9.24.4 JMV Business Overview
9.24.5 JMV Recent Developments
9.25 ISG
9.25.1 ISG Surge Protection Devices Basic Information
9.25.2 ISG Surge Protection Devices Product Overview
9.25.3 ISG Surge Protection Devices Product Market Performance
9.25.4 ISG Business Overview
9.25.5 ISG Recent Developments
10 Surge Protection Devices Market Forecast by Region
10.1 Global Surge Protection Devices Market Size Forecast
10.2 Global Surge Protection Devices Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Surge Protection Devices Market Size Forecast by Country
10.2.3 Asia Pacific Surge Protection Devices Market Size Forecast by Region
10.2.4 South America Surge Protection Devices Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Surge Protection Devices by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Surge Protection Devices Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Surge Protection Devices by Type (2025-2030)
11.1.2 Global Surge Protection Devices Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Surge Protection Devices by Type (2025-2030)
11.2 Global Surge Protection Devices Market Forecast by Application (2025-2030)
11.2.1 Global Surge Protection Devices Sales (K Units) Forecast by Application
11.2.2 Global Surge Protection Devices Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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