Global Surge Protection Devices Market Analysis 2022

Best Price Guarantee	Publisher	Published Date	SKU
from $2,800	Syngene Research LLP	April, 2022	SYNR17296644

Best Price Guarantee
Price	from $2,800
Publisher	Syngene Research LLP
Published Date	April, 2022
SKU	SYNR17296644

Global Surge Protection Devices Market Analysis 2022

The Global Surge Protection Devices Market is expected to reach $4.19 billion by 2028 growing at a CAGR of 7.6% from 2021 to 2028. A surge protection device is one of the primary components of electrical installation protection systems used in the electrical power supply networks, communication and telephone networks. This device helps in supplying only limited electric voltage which can be handled by the appliance. They are primarily the most efficient type of overvoltage protection. It also has a tendency of blocking the voltage spike but it is not the best option to protect electric appliances from close by lightning strikes. The advantages of surge protection devices include the protection of low voltage distribution systems against direct lightning stroke into the overhead power supply line or external lightning protection system, the hot ionized gases is not an issue with surge protection devices.

Factors such as rising demand for safety of people at workplace, increasing demand for protection systems for electronic devices, increasing energy alternatives programs, and ongoing power quality issues are driving the growth of the market. However, additional cost for installation is restraining the growth of the market.

Based on the product, the plug-in segment is expected to have lucrative growth during the forecast period, due to the application of plug-in SPDs and the advantages they can offer at various end points. The plug-in devices are mainly installed in intermediate panels and at the origin of the network for protecting the equipment from indirect lightning strikes. These devices primarily consist of DIN rail type mounting as well as other form factor SPDs without extension cords. As such, these devices are used for protecting sensitive electrical equipment, such as refrigerators, and television sets, among others. They may require external overcurrent protection or the same may be included within the SPD.

The key vendors mentioned are Schneider Electric, ABB Limited, General Electric Company, Crompton Greaves Ltd., Raycap Corporation S.A, Phoenix Contact GmbH., Eaton Corp., Siemens AG, Emerson Electric Co., Belkin International, Vertiv Group Corp., Havells India Ltd., Hubbell Incorporated, Koninklijke Philips N.V., Littelfuse Inc., Hon Hai Precision Industry Co. Ltd., Legrand SA, Pentair Technical Solutions., Leviton Manufacturing Co. Inc., and Honeywell International Inc.

Power Rating Modes Covered:

0-50 kA
100.1-200 kA
200.1 kA and Above
50.1-100 kA

Products Covered:

Plug-In
Line Cord
Hard-Wired
Power Control Devices

Discharge Currents Covered:

Above 25 kA
Below 10 kA
10 kA-25 kA

Types Covered:

Pressure Limiting Type SPD
Voltage Switch Type SPD
Combination Type SPD

Components Covered:

Surge Arrestor
Suppressor
Gas Discharge Tube
Metal Oxide Varistor
Silicon Avalanche Diode
Voltage Suppression Diode

ANSI/ UL Types Covered:

Type 1 (Permanently Connected, Hardwired)
Type 2 (Permanently Connected, Hardwired)
Type 3 (Point of Utilisation)
Type 4 (Component Recognised)
Type 5 (Component Recognised)
Type 1, Type 2 or Type 3 Component Assembly SPD (Component Recognised)

Voltage Types Covered:

High Voltage
Low Voltage

Protection Types Covered:

Neutral to Ground
Line to Neutral
Line to Ground

End Users Covered:

Commercial Complexes
Industrial & Manufacturing Units
Logistics
Telecommunication
Energy & Power
Construction
Pulp & Paper
Residential Buildings & Spaces
Data Center
Medical
Transportation
Oil & Gas
Agriculture
Automotive and Transportation
Electronics and Electrical Equipment
Consumer
Business

Regions Covered:

North America
Europe
Asia Pacific
South America
Middle East & Africa

Key Questions Answered in this Report:

How this market evolved since the year 2020
Market size estimations, forecasts and CAGR for all the segments presented in the scope
Key Market Developments and financials of the key players
Opportunity Analysis for the new entrants
SWOT Analysis of the key players
Fastest growing markets analyzed during the forecast period

1 Market Synopsis
2 Research Outline: 2.1 Research Snapshot; 2.2 Research Methodology; 2.3 Research Sources; 2.3.1 Primary Research Sources; 2.3.2 Secondary Research Sources
3 Market Dynamics: 3.1 Drivers; 3.2 Restraints
4 Market Environment: 4.1 Bargaining power of suppliers; 4.2 Bargaining power of buyers; 4.3 Threat of substitutes; 4.4 Threat of new entrants; 4.5 Competitive rivalry
5 Global Surge Protection Devices Market, By Power Rating Mode: 5.1 Introduction; 5.20-50 kA; 5.3 100.1-200 kA; 5.4 200.1 kA and Above; 5.5 50.1-100 kA
6 Global Surge Protection Devices Market, By Product: 6.1 Introduction; 6.2 Plug-In; 6.3 Line Cord; 6.4 Hard-Wired; 6.5 Power Control Devices
7 Global Surge Protection Devices Market, By Discharge Current: 7.1 Introduction; 7.2 Above 25 kA; 7.3 Below 10 kA; 7.4 10 kA-25 kA
8 Global Surge Protection Devices Market, By Type: 8.1 Introduction; 8.2 Pressure Limiting Type SPD; 8.3 Voltage Switch Type SPD; 8.4 Combination Type SPD
9 Global Surge Protection Devices Market, By Component: 9.1 Introduction; 9.2 Surge Arrestor; 9.3 Suppressor; 9.4 Gas Discharge Tube; 9.5 Metal Oxide Varistor; 9.6 Silicon Avalanche Diode; 9.7 Voltage Suppression Diode
10 Global Surge Protection Devices Market, By ANSI/ UL Type: 10.1 Introduction; 10.2 Type 1 (Permanently Connected, Hardwired); 10.3 Type 2 (Permanently Connected, Hardwired); 10.4 Type 3 (Point of Utilisation); 10.5 Type 4 (Component Recognised); 10.6 Type 5 (Component Recognised); 10.7 Type 1, Type 2 or Type 3 Component Assembly SPD (Component Recognised)
11 Global Surge Protection Devices Market, By Voltage Type: 11.1 Introduction; 11.2 High Voltage; 11.3 Low Voltage
12 Global Surge Protection Devices Market, By Protection Type: 12.1 Introduction; 12.2 Neutral to Ground; 12.3 Line to Neutral; 12.4 Line to Ground
13 Global Surge Protection Devices Market, By End User: 13.1 Introduction; 13.2 Commercial Complexes; 13.3 Industrial & Manufacturing Units; 13.4 Logistics; 13.5 Telecommunication; 13.6 Energy & Power; 13.7 Construction; 13.8 Pulp & Paper; 13.9 Residential Buildings & Spaces; 13.10 Data Center; 13.11 Medical; 13.12 Transportation; 13.13 Oil & Gas; 13.14 Agriculture; 13.15 Automotive and Transportation; 13.16 Electronics and Electrical Equipment; 13.17 Consumer; 13.18 Business
14 Global Surge Protection Devices Market, By Geography: 14.1 Introduction; 14.2 North America; 14.3 Europe; 14.4 Asia Pacific; 14.5 South America; 14.6 Middle East & Africa
15 Strategic Benchmarking
16 Vendors Landscape: 16.1 Schneider Electric; 16.2 ABB Limited; 16.3 General Electric Company; 16.4 Crompton Greaves Ltd.; 16.5 Raycap Corporation S.A; 16.6 Phoenix Contact GmbH.; 16.7 Eaton Corp.; 16.8 Siemens AG; 16.9 Emerson Electric Co.; 16.10 Belkin International; 16.11 Vertiv Group Corp.; 16.12 Havells India Ltd.; 16.13 Hubbell Incorporated; 16.14 Koninklijke Philips N.V.; 16.15 Littelfuse Inc.; 16.16 Hon Hai Precision Industry Co. Ltd.; 16.17 Legrand SA; 16.18 Pentair Technical Solutions.; 16.19 Leviton Manufacturing Co. Inc.; 16.20 Honeywell International Inc.
List of Data Tables: Table 1 Global Surge Protection Devices Market Outlook, By Region (2020-2028) ($MN); Table 2 Global Surge Protection Devices Market Outlook, By Power Rating Mode (2020-2028) ($MN); Table 3 Global Surge Protection Devices Market Outlook, By 0-50 kA (2020-2028) ($MN); Table 4 Global Surge Protection Devices Market Outlook, By 100.1-200 kA (2020-2028) ($MN); Table 5 Global Surge Protection Devices Market Outlook, By 200.1 kA and Above (2020-2028) ($MN); Table 6 Global Surge Protection Devices Market Outlook, By 50.1-100 kA (2020-2028) ($MN); Table 7 Global Surge Protection Devices Market Outlook, By Product (2020-2028) ($MN); Table 8 Global Surge Protection Devices Market Outlook, By Plug-In (2020-2028) ($MN); Table 9 Global Surge Protection Devices Market Outlook, By Line Cord (2020-2028) ($MN); Table 10 Global Surge Protection Devices Market Outlook, By Hard-Wired (2020-2028) ($MN); Table 11 Global Surge Protection Devices Market Outlook, By Power Control Devices (2020-2028) ($MN); Table 12 Global Surge Protection Devices Market Outlook, By Discharge Current (2020-2028) ($MN); Table 13 Global Surge Protection Devices Market Outlook, By Above 25 kA (2020-2028) ($MN); Table 14 Global Surge Protection Devices Market Outlook, By Below 10 kA (2020-2028) ($MN); Table 15 Global Surge Protection Devices Market Outlook, By 10 kA-25 kA (2020-2028) ($MN); Table 16 Global Surge Protection Devices Market Outlook, By Type (2020-2028) ($MN); Table 17 Global Surge Protection Devices Market Outlook, By Pressure Limiting Type SPD (2020-2028) ($MN); Table 18 Global Surge Protection Devices Market Outlook, By Voltage Switch Type SPD (2020-2028) ($MN); Table 19 Global Surge Protection Devices Market Outlook, By Combination Type SPD (2020-2028) ($MN); Table 20 Global Surge Protection Devices Market Outlook, By Component (2020-2028) ($MN); Table 21 Global Surge Protection Devices Market Outlook, By Surge Arrestor (2020-2028) ($MN); Table 22 Global Surge Protection Devices Market Outlook, By Suppressor (2020-2028) ($MN); Table 23 Global Surge Protection Devices Market Outlook, By Gas Discharge Tube (2020-2028) ($MN); Table 24 Global Surge Protection Devices Market Outlook, By Metal Oxide Varistor (2020-2028) ($MN); Table 25 Global Surge Protection Devices Market Outlook, By Silicon Avalanche Diode (2020-2028) ($MN); Table 26 Global Surge Protection Devices Market Outlook, By Voltage Suppression Diode (2020-2028) ($MN); Table 27 Global Surge Protection Devices Market Outlook, By ANSI/ UL Type (2020-2028) ($MN); Table 28 Global Surge Protection Devices Market Outlook, By Type 1 (Permanently Connected, Hardwired) (2020-2028) ($MN); Table 29 Global Surge Protection Devices Market Outlook, By Type 2 (Permanently Connected, Hardwired) (2020-2028) ($MN); Table 30 Global Surge Protection Devices Market Outlook, By Type 3 (Point of Utilisation) (2020-2028) ($MN); Table 31 Global Surge Protection Devices Market Outlook, By Type 4 (Component Recognised) (2020-2028) ($MN); Table 32 Global Surge Protection Devices Market Outlook, By Type 5 (Component Recognised) (2020-2028) ($MN); Table 33 Global Surge Protection Devices Market Outlook, By Type 1, Type 2 or Type 3 Component Assembly SPD (Component Recognised) (2020-2028) ($MN); Table 34 Global Surge Protection Devices Market Outlook, By Global Surge Protection Devices Market, By Voltage Type (2020-2028) ($MN); Table 35 Global Surge Protection Devices Market Outlook, By High Voltage (2020-2028) ($MN); Table 36 Global Surge Protection Devices Market Outlook, By Low Voltage (2020-2028) ($MN); Table 37 Global Surge Protection Devices Market Outlook, By Protection Type (2020-2028) ($MN); Table 38 Global Surge Protection Devices Market Outlook, By Neutral to Ground (2020-2028) ($MN); Table 39 Global Surge Protection Devices Market Outlook, By Line to Neutral (2020-2028) ($MN); Table 40 Global Surge Protection Devices Market Outlook, By Line to Ground (2020-2028) ($MN); Table 41 Global Surge Protection Devices Market Outlook, By End User (2020-2028) ($MN); Table 42 Global Surge Protection Devices Market Outlook, By Commercial Complexes (2020-2028) ($MN); Table 43 Global Surge Protection Devices Market Outlook, By Industrial & Manufacturing Units (2020-2028) ($MN); Table 44 Global Surge Protection Devices Market Outlook, By Logistics (2020-2028) ($MN); Table 45 Global Surge Protection Devices Market Outlook, By Telecommunication (2020-2028) ($MN); Table 46 Global Surge Protection Devices Market Outlook, By Energy & Power (2020-2028) ($MN); Table 47 Global Surge Protection Devices Market Outlook, By Construction (2020-2028) ($MN); Table 48 Global Surge Protection Devices Market Outlook, By Pulp & Paper (2020-2028) ($MN); Table 49 Global Surge Protection Devices Market Outlook, By Residential Buildings & Spaces (2020-2028) ($MN); Table 50 Global Surge Protection Devices Market Outlook, By Data Center (2020-2028) ($MN); Table 51 Global Surge Protection Devices Market Outlook, By Medical (2020-2028) ($MN); Table 52 Global Surge Protection Devices Market Outlook, By Transportation (2020-2028) ($MN); Table 53 Global Surge Protection Devices Market Outlook, By Oil & Gas (2020-2028) ($MN); Table 54 Global Surge Protection Devices Market Outlook, By Agriculture (2020-2028) ($MN); Table 55 Global Surge Protection Devices Market Outlook, By Automotive and Transportation (2020-2028) ($MN); Table 56 Global Surge Protection Devices Market Outlook, By Electronics and Electrical Equipment (2020-2028) ($MN); Table 57 Global Surge Protection Devices Market Outlook, By Consumer (2020-2028) ($MN); Table 58 Global Surge Protection Devices Market Outlook, By Business (2020-2028) ($MN); Table 59 North America Surge Protection Devices Market Outlook, By Power Rating Mode (2020-2028) ($MN); Table 60 North America Surge Protection Devices Market Outlook, By Product (2020-2028) ($MN); Table 61 North America Surge Protection Devices Market Outlook, By Discharge Current (2020-2028) ($MN); Table 62 North America Surge Protection Devices Market Outlook, By Type (2020-2028) ($MN); Table 63 North America Surge Protection Devices Market Outlook, By Component (2020-2028) ($MN); Table 64 North America Surge Protection Devices Market Outlook, By ANSI/ UL Type (2020-2028) ($MN); Table 65 North America Surge Protection Devices Market Outlook, By Voltage Type (2020-2028) ($MN); Table 66 North America Surge Protection Devices Market Outlook, By Protection Type (2020-2028) ($MN); Table 67 North America Surge Protection Devices Market Outlook, By End User (2020-2028) ($MN); Table 68 Europe Surge Protection Devices Market Outlook, By Power Rating Mode (2020-2028) ($MN); Table 69 Europe Surge Protection Devices Market Outlook, By Product (2020-2028) ($MN); Table 70 Europe Surge Protection Devices Market Outlook, By Discharge Current (2020-2028) ($MN); Table 71 Europe Surge Protection Devices Market Outlook, By Type (2020-2028) ($MN); Table 72 Europe Surge Protection Devices Market Outlook, By Component (2020-2028) ($MN); Table 73 Europe Surge Protection Devices Market Outlook, By ANSI/ UL Type (2020-2028) ($MN); Table 74 Europe Surge Protection Devices Market Outlook, By Voltage Type (2020-2028) ($MN); Table 75 Europe Surge Protection Devices Market Outlook, By Protection Type (2020-2028) ($MN); Table 76 Europe Surge Protection Devices Market Outlook, By End User (2020-2028) ($MN); Table 77 Asia Pacific Surge Protection Devices Market Outlook, By Power Rating Mode (2020-2028) ($MN); Table 78 Asia Pacific Surge Protection Devices Market Outlook, By Product (2020-2028) ($MN); Table 79 Asia Pacific Surge Protection Devices Market Outlook, By Discharge Current (2020-2028) ($MN); Table 80 Asia Pacific Surge Protection Devices Market Outlook, By Type (2020-2028) ($MN); Table 81 Asia Pacific Surge Protection Devices Market Outlook, By Component (2020-2028) ($MN); Table 82 Asia Pacific Surge Protection Devices Market Outlook, By ANSI/ UL Type (2020-2028) ($MN); Table 83 Asia Pacific Surge Protection Devices Market Outlook, By Voltage Type (2020-2028) ($MN); Table 84 Asia Pacific Surge Protection Devices Market Outlook, By Protection Type (2020-2028) ($MN); Table 85 Asia Pacific Surge Protection Devices Market Outlook, By End User (2020-2028) ($MN); Table 86 South America Surge Protection Devices Market Outlook, By Power Rating Mode (2020-2028) ($MN); Table 87 South America Surge Protection Devices Market Outlook, By Product (2020-2028) ($MN); Table 88 South America Surge Protection Devices Market Outlook, By Discharge Current (2020-2028) ($MN); Table 89 South America Surge Protection Devices Market Outlook, By Type (2020-2028) ($MN); Table 90 South America Surge Protection Devices Market Outlook, By Component (2020-2028) ($MN); Table 91 South America Surge Protection Devices Market Outlook, By ANSI/ UL Type (2020-2028) ($MN); Table 92 South America Surge Protection Devices Market Outlook, By Voltage Type (2020-2028) ($MN); Table 93 South America Surge Protection Devices Market Outlook, By Protection Type (2020-2028) ($MN); Table 94 South America Surge Protection Devices Market Outlook, By End User (2020-2028) ($MN); Table 95 Middle East & Africa Surge Protection Devices Market Outlook, By Power Rating Mode (2020-2028) ($MN); Table 96 Middle East & Africa Surge Protection Devices Market Outlook, By Product (2020-2028) ($MN); Table 97 Middle East & Africa Surge Protection Devices Market Outlook, By Discharge Current (2020-2028) ($MN); Table 98 Middle East & Africa Surge Protection Devices Market Outlook, By Type (2020-2028) ($MN); Table 99 Middle East & Africa Surge Protection Devices Market Outlook, By Component (2020-2028) ($MN); Table 100 Middle East & Africa Surge Protection Devices Market Outlook, By ANSI/ UL Type (2020-2028) ($MN); Table 101 Middle East & Africa Surge Protection Devices Market Outlook, By Voltage Type (2020-2028) ($MN); Table 102 Middle East & Africa Surge Protection Devices Market Outlook, By Protection Type (2020-2028) ($MN); Table 103 Middle East & Africa Surge Protection Devices Market Outlook, By End User (2020-2028) ($MN)