Global Surge Protection Devices (SPDs) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Surge Protection Devices (SPDs) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Surge Protection Devices (SPDs) market size was valued at USD 2378.8 million in 2022 and is forecast to a readjusted size of USD 2635.4 million by 2029 with a CAGR of 1.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of surge protection devices (SPDs) include Phoenix, ABB, DEHN SE, Siemens, ZG and Citel. The top six players hold a share about 9%. In terms of product, power type SPD is the largest segment, with a share about 70%. And in terms of application, the largest application is communication, with a share about 28%.

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 80% 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.

This report is a detailed and comprehensive analysis for global Surge Protection Devices (SPDs) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Surge Protection Devices (SPDs) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Surge Protection Devices (SPDs) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Surge Protection Devices (SPDs) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Surge Protection Devices (SPDs) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Surge Protection Devices (SPDs)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Surge Protection Devices (SPDs) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Phoenix, ABB, Emerson, DEHN SE and Eaton, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Surge Protection Devices (SPDs) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Power Type SPD
Signal Type SPD
Others

Market segment by Application
Communication
Construction
Electric Power
Transportation
Oil and Gas
PV
Wind Power
Others

Major players covered
Phoenix
ABB
Emerson
DEHN SE
Eaton
Siemens
ZG
Citel
Obo Bettermann
Schneider
Weidmüller
Littelfuse
Mersen Electrical
NVent
Philips
LEIAN
HPXIN
MVC-Maxivolt
ASP
Legrand
JMV
Chengdu Pedaro Technology
Xiamen SET
C-Power
MCG Surge Protection
Leviton
KEANDA

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Surge Protection Devices (SPDs) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Surge Protection Devices (SPDs), with price, sales, revenue and global market share of Surge Protection Devices (SPDs) from 2018 to 2023.

Chapter 3, the Surge Protection Devices (SPDs) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Surge Protection Devices (SPDs) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Surge Protection Devices (SPDs) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Surge Protection Devices (SPDs).

Chapter 14 and 15, to describe Surge Protection Devices (SPDs) sales channel, distributors, customers, research findings and conclusion.