Global Surge Protection Devices (SPDs) Market Report, History and Forecast 2017-2028
Market Analysis and Insights: Global Surge Protection Devices (SPDs) Market
Due to the COVID-19 pandemic, Due to the COVID-19 pandemic, the global Surge Protection Devices (SPDs) market is expected to reach $ 2533.21 million by 2028 from $ 2311.91 million in 2022, growing at a CAGR of 1.54% from 2021 to 2028. And it is expected to reach 387341.4 K Units in 2028 in terms of volume. As the same time, the market would still face such risks, including the prolonged US-China trade friction, the UK's withdrawal from the EU, and Japan-South Korea relations deteriorate, as well as the economy deteriorated sharply toward the end of the year due to the spread of new coronavirus infections.
Surge Protection Devices (SPDs) industry is developing with fierce competition. Phoenix is the world leading manufacturer in global Surge Protection Devices (SPDs) market with the market share of 6.77%, in terms of revenue, followed by 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 and KEANDA. These 27 companies accounted for 56% of the revenue market share in 2021.
Global Surge Protection Devices (SPDs) Scope and Market Size
The global Surge Protection Devices (SPDs) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Surge Protection Devices (SPDs) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
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
Segment by Type
Power Type SPD
Signal Type SPD
Others
Segment by Application
Communication
Construction
Electric Power
Transportation
Oil and Gas
Others
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
Korea
India
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Brazil
Argentina
Middle East & Africa
Middle East
Africa
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