Global Electrical Surge Protector Market Growth 2024-2030

Global Electrical Surge Protector Market Growth 2024-2030

Electrical Surge Protectors 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.

The global Electrical Surge Protector market size is projected to grow from US$ 281 million in 2024 to US$ 383 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Electrical Surge Protector Industry Forecast” looks at past sales and reviews total world Electrical Surge Protector sales in 2023, providing a comprehensive analysis by region and market sector of projected Electrical Surge Protector sales for 2024 through 2030. With Electrical Surge Protector sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electrical Surge Protector industry.

This Insight Report provides a comprehensive analysis of the global Electrical Surge Protector landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electrical Surge Protector portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electrical Surge Protector market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electrical Surge Protector and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electrical Surge Protector.

United States market for Electrical Surge Protector is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Electrical Surge Protector is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Electrical Surge Protector is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Electrical Surge Protector players cover ABB, Schneider Electric, Eaton, Siemens, Mersen, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Surge Protector market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
AC Surge Protector
DC Surge Protector

Segmentation by Application:
Residential Use
Commercial Use
Industrial Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
Schneider Electric
Eaton
Siemens
Mersen
Littelfuse
Leviton
Legrand
Raycap Corporation
Tripp Lite

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electrical Surge Protector market?

What factors are driving Electrical Surge Protector market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electrical Surge Protector market opportunities vary by end market size?

How does Electrical Surge Protector break out by Type, by Application?



Please note: The report will take approximately 2 business days to prepare and deliver.