Global Modular Surge Protective Device Market Growth 2024-2030

Global Modular Surge Protective Device Market Growth 2024-2030

Modular Surge Protective Device (SPD) is a no-fuse, fail-safe surge suppressor. UL 1449 5th Edition approved, it is DIN-rail mountable featuring a fail-safe self-protected design, visual indicator, and a small footprint. A remote indicator option provides status to critical control circuitry. The Surge-Trap Modular SPD has a high short circuit rating and a thermally protected MOV, which eliminates the need for additional overcurrent protection devices.

The global Modular Surge Protective Device market size is projected to grow from US$ 35.9 million in 2024 to US$ 66 million in 2030; it is expected to grow at a CAGR of 10.7% from 2024 to 2030.

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

This Insight Report provides a comprehensive analysis of the global Modular Surge Protective Device 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 Modular Surge Protective Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Modular Surge Protective Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Modular Surge Protective Device 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 Modular Surge Protective Device.

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

Global key Modular Surge Protective Device 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 Modular Surge Protective Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
DC Surge Protection Devices
AC Surge Protection Devices

Segmentation by Application:
Energy
Transportation
Telecommunications
Others

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 Modular Surge Protective Device market?

What factors are driving Modular Surge Protective Device market growth, globally and by region?

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

How do Modular Surge Protective Device market opportunities vary by end market size?

How does Modular Surge Protective Device break out by Type, by Application?



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