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2021
Surge Protection Devices Market

Surge Protection Devices Market By Type (Hard Wired Surge Protection Devices, Plug in Surge Protection Devices, Line Cord Surge Protectors, and Power Control Devices), Power Range (Below 100 KA, 100 KA to 500 KA, 500 KA to 1000 KA, and Above 1000 KM), Component (Suppressor, Gas Discharge Tube, Surge Arrestor, and Others), and End Use (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2028.

A00644
Pages: 367
Jun 2021 | 9586 Views
   
Author(s) : Divyanshi Tewari & Aishwarya Rajvaidya
Tables: 143
Charts: 100
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Surge Protection Devices Market Outlook - 2028

The global surge protection devices market size was valued at $2.81 billion in 2020, and is projected to reach $4.27 billion by 2028, growing at a CAGR of 5.4% from 2021 to 2028.

COVID-19 scenario to impact commercial segment under Surge Protection Device Market negatively.

Power surge protector devices (SPDs) are designed to protect electrical appliances from voltage spikes. SPDs limit the voltage supplied to an electric device by either blocking or shorting any unwanted voltages above a safe threshold limit to the ground. They are used in automatic control buses, electric power supply networks, telephone networks, and various communication systems.

Global-Surge-Protection-Devices-Market

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The key factor that drives the surge protection devices market share includes increase in demand for usage of electrical and electronics appliances in commercial & residential sectors. Moreover, high costs incurred due to electrical equipment downtime have also encouraged the adoption of whole house surge protector as it provides safety in industries and in the domestic sector.

Surge Protection Devices Market
By Type

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Hard Wired Surge Protection Devices segment will grow at a highest CAGR of 7.1% during 2021 - 2028

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The key factors that hamper the surge protection devices market growth are lack of awareness among small scale manufactures and competition from uninterrupted and non-fluctuating power supply systems. On the contrary, growth in awareness for need of SPDs, rapid industrialization, and power supply issues in developing countries are anticipated to provide lucrative opportunity for the global surge protection devices market.

Segment Overview

The surge protection devices market is segmented on the basis of type, power range, component, and end use. By type, the market is divided into below 100 KA, 100 KA to 500 KA, 500 KA to 1000 KA, and above 1000 KM. By power range, the market is segmented into below 100 KA, 100 KA to 500 KA, 500 KA to 1000 KA, and above 1000 KM. By component, it is categorized into suppressor, gas discharge tube, surge arrestor, and others. By end use, the market is analyzed across residential, industrial, and commercial. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries.

Surge Protection Devices Market
By Power Range

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500 KA To 1000 KA segment will dominate the market with a highest CAGR of 6.9% during 2021 - 2028

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Competitive Analysis

The key players profiled in the surge protection devices industry include ABB Ltd, Belkin International, Eaton Corporation, Emerson Electric Co., General Electric Company, Hubbel Incorporated, Littelfuse Inc, Mersen, Schneider Electric Co., and Siemens AG. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, regional expansion, and collaborations, to enhance their market penetration.

Surge Protection Devices Market
By Component

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Gas Discharge Tube Segment holds a dominant position throughout the forecast period.

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Covid-19 Analysis

The ongoing spread of COVID-19 has become one of the biggest threats to the global economy and is causing widespread concerns and economic hardship for consumers, businesses, and communities across the globe. The “new normal” that includes social distancing and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives, and missed opportunities.

The COVID-19 pandemic is impacting the society and overall economy across the globe. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increase in panic among customers. European countries under lockdown have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak, which led to slowdown in the growth of the surge protection devices market in 2020.

According to the surge protection devices market trends, the COVID-19 pandemic has severely impacted the global manufacturing and industrial sectors as production facilities have stalled, which, in turn, led to significant demand in industries.

The emergence of COVID-19 has declined the growth of the surge protection devices market in 2020, and is estimated to witness slow growth till the end of 2021. Implementation of partial or complete lockdown across various countries globally is the prime reason for this decline in the growth rate. As industries were temporarily shut, it reduced the need for maintenance from various industries.

Surge Protection Devices Market
By End Use

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Commercial segment is projected as one of the most lucrative segments.

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Top Impacting Factors

Notable factors positively affecting the surge protection market include rise in demand for protection system for electronic devices and increase in usage of high voltage equipment and machinery in manufacturing units. However, high maintenance cost associated with surge protection devices hampers the growth of the market. Furthermore, rapid industrialization and protection system for high technological equipment adopted in emerging economies are expected to offer lucrative opportunities for the market growth in the coming years.

Increase in Demand for Protection System for Electronic Devices  

Surge protection devices are used in many industries and residential for protection of machines, expensive appliances, and devices from surges. Over the past few years, the need for protection system for electronic devices worldwide has increased at a rapid pace. This is attributed to increased demand for protection system, which, in turn, drives the surge protector devices industry growth.

High Maintenance Cost of the Device 

High maintenance cost of the surge protection device has created a thread to the market growth as installation of the luminaire for better functioning of SPD is very crucial and needed, also the components used in SPDs such as gas discharge tube, cartridge, wiring, LED need proper time-to-time checking, and replacement; thus, adding to the maintenance cost of SPDs. 

Surge Protection Devices Market
By Region

2028
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 7.6% during 2021-2028

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global surge protection devices market size along with the current trends and future estimations to depict imminent investment pockets.
  • The overall surge protection devices market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The present surge protection devices market forecast is quantitatively analyzed from 2020 to 2028 to benchmark the financial competency. 
  • Porter’s five forces analysis illustrates the potency of the buyers and the sensor market share of key vendors.
  • The report includes the market trends and the surge protection devices market share of key vendors.


Key Market Segments

  • BY TYPE
    • HARD WIRED SURGE PROTECTION DEVICES
    • PLUG IN SURGE PROTECTION DEVICES
    • LINE CORD SURGE PROTECTORS
    • POWER CONTROL DEVICES
  • BY POWER RANGE
    • BELOW 100 KA
    • 100 KA TO 500 KA
    • 500 KA TO 1000 KA
    • ABOVE 1000 KM
  • BY COMPONENT
    • SUPPRESSOR
    • GAS DISCHARGE TUBE
    • SURGE ARRESTOR
    • OTHERS
  • BY END USE
    • RESIDENTIAL
    • INDUSTRIAL
    • COMMERCIAL
  • BY REGION
    • NORTH AMERICA
      • U.S
      • Canada
      • Mexico
    • EUROPE
      • UK
      • Germany
      • France
      • Russia
      • Rest of Europe
    • ASIA-PACIFIC
      • China
      • Japan
      • India
      • South Korea
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa


Key Market Players

  • ABB LTD
  • BELKIN INTERNATIONAL (FOXCONN INTERCONNECT TECHNOLOGY LIMITED (FIT))
  • EATON CORPORATION PLC
  • EMERSON ELECTRIC CO
  • GENERAL ELECTRIC COMPANY
  • HUBBELL INCORPORATED
  • LITTELFUSE, INC
  • MERSEN
  • SCHNEIDER ELECTRIC SE
  • SIEMENS AG
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.KEY FINDINGS

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO PERSPECTIVE

CHAPTER 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.PORTER’S FIVE FORCES ANALYSIS
3.3.PATENT ANALYSIS

3.3.1.By region (2020-2028)
3.3.2.By applicant

3.4.MARKET DYNAMICS

3.4.1.Drivers

3.4.1.1.Growing demand for protection system for electronic devices.
3.4.1.2.Growing usage of high voltage equipment and machinery in manufacturing units.
3.4.1.3.Increasing demand for safety in workplaces.

3.4.2.Restraints

3.4.2.1.High maintenance cost of the device.

3.4.3.Opportunity

3.4.3.1.Rapid industrialization and power supply issues in developing countries.
3.4.3.2.Protection System for High Technological Equipment Adopted in Emerging Economies.

3.5.COVID IMPACT

3.5.1.Impact on market size
3.5.2.End user trends, preferences, and budget impact
3.5.3.End user trends, preferences, and budget impact
3.5.4.Parent industry impact
3.5.5.Key player strategies to tackle negative impact

3.5.5.1.Limiting cuts to R&D expense:
3.5.5.2.Focusing on next-generation products
3.5.5.3.Shifting toward agile supply chain model

3.5.6.Opportunity window

CHAPTER 4:SURGE PROTECTION DEVICE MARKET, BY TYPE

4.1.OVERVIEW
4.2.HARD WIRED SURGE PROTECTION DEVICES

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.PLUG IN SURGE PROTECTION DEVICES

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.LINE CORD SURGE PROTECTORS

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.POWER CONTROL DEVICES

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:SURGE PROTECTION DEVICE MARKET, BY POWER RANGE

5.1.OVERVIEW
5.2.BELOW 100 KA

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.100 KA TO 500 KA

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.500 KA TO 1000 KA

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.ABOVE 1000 KM

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

CHAPTER 6:SURGE PROTECTION DEVICE MARKET, BY COMPONENT

6.1.OVERVIEW
6.2.SUPPRESSOR

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.GAS DISCHARGE TUBE

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.SURGE ARRESTOR

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.OTHERS

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

CHAPTER 7:SURGE PROTECTION DEVICE MARKET, BY  END USE

7.1.OVERVIEW
7.2.RESIDENTIAL

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.INDUSTRIAL

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.COMMERCIAL

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

CHAPTER 8:SURGE PROTECTION DEVICE MARKET, BY REGION

8.1.OVERVIEW
8.2.NORTH AMERICA

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by type
8.2.3.Market size and forecast, by power range
8.2.4.Market size and forecast, by component
8.2.5.Market size and forecast, by end use
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by type
8.2.6.1.2.Market size and forecast, by power range
8.2.6.1.3.Market size and forecast, by component
8.2.6.1.4.Market size and forecast, by end use

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by type
8.2.6.2.2.Market size and forecast, by power range
8.2.6.2.3.Market size and forecast, by component
8.2.6.2.4.Market size and forecast, by end use

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by type
8.2.6.3.2.Market size and forecast, by power range
8.2.6.3.3.Market size and forecast, by component
8.2.6.3.4.Market size and forecast, by end use

8.3.EUROPE

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by type
8.3.3.Market size and forecast, by power range
8.3.4.Market size and forecast, by component
8.3.5.Market size and forecast, by end use
8.3.6.Market analysis, by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast, by type
8.3.6.1.2.Market size and forecast, by power range
8.3.6.1.3.Market size and forecast, by component
8.3.6.1.4.Market size and forecast, by end use

8.3.6.2.Germany

8.3.6.2.1.Market size and forecast, by type
8.3.6.2.2.Market size and forecast, by power range
8.3.6.2.3.Market size and forecast, by component
8.3.6.2.4.Market size and forecast, by end use

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by type
8.3.6.3.2.Market size and forecast, by power range
8.3.6.3.3.Market size and forecast, by component
8.3.6.3.4.Market size and forecast, by end use

8.3.6.4.Russia

8.3.6.4.1.Market size and forecast, by type
8.3.6.4.2.Market size and forecast, by power range
8.3.6.4.3.Market size and forecast, by component
8.3.6.4.4.Market size and forecast, by end use

8.3.6.5.Rest of Europe

8.3.6.5.1.Market size and forecast, by type
8.3.6.5.2.Market size and forecast, by power range
8.3.6.5.3.Market size and forecast, by component
8.3.6.5.4.Market size and forecast, by end use

8.4.ASIA-PACIFIC

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by type
8.4.3.Market size and forecast, by power range
8.4.4.Market size and forecast, by component
8.4.5.Market size and forecast, by end use
8.4.6.Market analysis, by country

8.4.6.1.China

8.4.6.1.2.Market size and forecast, by type
8.4.6.1.3.Market size and forecast, by power range
8.4.6.1.4.Market size and forecast, by component
8.4.6.1.5.Market size and forecast, by end use

8.4.6.2.Japan

8.4.6.2.2.Market size and forecast, by type
8.4.6.2.3.Market size and forecast, by power range
8.4.6.2.4.Market size and forecast, by component
8.4.6.2.5.Market size and forecast, by end use

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by type
8.4.6.3.2.Market size and forecast, by power range
8.4.6.3.3.Market size and forecast, by component
8.4.6.3.4.Market size and forecast, by end use

8.4.6.4.South Korea

8.4.6.4.2.Market size and forecast, by type
8.4.6.4.3.Market size and forecast, by power range
8.4.6.4.4.Market size and forecast, by component
8.4.6.4.5.Market size and forecast, by end use

8.4.6.5.Rest of Asia-Pacific
Market size and forecast, by type

8.4.6.5.1.Market size and forecast, by power range
8.4.6.5.2.Market size and forecast, by component
8.4.6.5.3.Market size and forecast, by end use

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by type
8.5.3.Market size and forecast, by power range
8.5.4.Market size and forecast, by component
8.5.5.Market size and forecast, by end use
8.5.6.Market analysis, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by type
8.5.6.1.2.Market size and forecast, by power range
8.5.6.1.3.Market size and forecast, by component
8.5.6.1.4.Market size and forecast, by end use

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by  type
8.5.6.2.2.Market size and forecast, by power range
8.5.6.2.3.Market size and forecast, by component
8.5.6.2.4.Market size and forecast, by end use

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by type
8.5.6.3.2.Market size and forecast, by power range
8.5.6.3.3.Market size and forecast, by component
8.5.6.3.4.Market size and forecast, by end use

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.INTRODUCTION

9.1.1.MARKET PLAYER POSITIONING, 2019

9.2.TOP WINNING STRATEGIES

9.2.1.Top winning strategies, by year
9.2.2.Top winning strategies, by development
9.2.3.Top winning strategies, by company

9.3.COMPETITIVE DASHBOARD
9.4.COMPETITIVE HEATMAP

CHAPTER 10:COMPANY PROFILES

10.1.ABB LTD.

10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Operating business segments
10.1.5.Product portfolio
10.1.6.R&D expenditure
10.1.7.Business performance

10.2.BELKIN INTERNATIONAL (FOXCONN INTERCONNECT TECHNOLOGY LIMITED (FIT))

10.2.1.Company overview
10.2.2.Key executives
10.2.3.Company snapshot
10.2.4.Operating business segments
10.2.5.Product portfolio
10.2.6.R&D expenditure
10.2.7.Business performance

10.3.EATON CORPORATION PLC

10.3.1.Company overview
10.3.2.Key executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D expenditure
10.3.7.Business performance
10.3.8.Key strategic moves and developments

10.4.EMERSON ELECTRIC CO.

10.4.1.Company overview
10.4.2.Key executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.R&D expenditure
10.4.7.Business performance
10.4.8.Key strategic moves and developments

10.5.GENERAL ELECTRIC COMPANY

10.5.1.Company overview
10.5.2.Key Executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.R&D Expenditure
10.5.7.Business performance
10.5.8.Key strategic moves and developments

10.6.HUBBELL INCORPORATED

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.Business performance

10.7.LITTELFUSE, INC.

10.7.1.Company overview
10.7.2.Key executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.R&D expenditure
10.7.7.Business performance
10.7.8.Key strategic moves and developments

10.8.MERSEN

10.8.1.Company overview
10.8.2.Key executives
10.8.3.Company snapshot
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.Business performance
10.8.7.Key strategic moves and developments

10.9.SCHNEIDER ELECTRIC SE

10.9.1.Company overview
10.9.2.Key executives
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.R&D expenditure
10.9.7.Business performance
10.9.8.Key strategic moves and developments

10.10.SIEMENS AG

10.10.1.Company overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Operating business segments
10.10.5.Product portfolio
10.10.6.R&D expenditure
10.10.7.Business performance
10.10.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.SURGE PROTECTION DEVICE SHARE FOR HARD WIRED SURGE PROTECTION DEVICE, BY REGION, 2020-2028 ($MILLION)
TABLE 02.SURGE PROTECTION DEVICE  MARKET SHARE, FOR PLUG IN SURGE PROTECTION DEVICES, BY REGION 2020-2028 ($MILLION)
TABLE 03.SURGE PROTECTION DEVICE  SHARE, FOR LINE CORD SURGE PROTECTORS, BY REGION 2020-2028 ($MILLION)
TABLE 04.SURGE PROTECTION DEVICE  SHARE, FOR POWER CONTROL DEVICES, BY REGION 2020-2028 ($MILLION)
TABLE 05.SURGE PROTECTION DEVICE SHARE FOR BELOW 100 KA, BY REGION, 2020-2028 ($MILLION)
TABLE 06.SURGE PROTECTION DEVICE  MARKET SHARE, FOR 100 KA TO 500 KA, BY REGION 2020-2028 ($MILLION)
TABLE 07.SURGE PROTECTION DEVICE  SHARE, FOR 500 KA TO 1000 KA, BY REGION 2020-2028 ($MILLION)
TABLE 08.SURGE PROTECTION DEVICE  SHARE, FOR ABOVE 100 KM, BY REGION 2020-2028 ($MILLION)
TABLE 09.SURGE PROTECTION DEVICE SHARE FOR SUPPRESSOR, BY REGION, 2020-2028 ($MILLION)
TABLE 10.SURGE PROTECTION DEVICE  MARKET SHARE, FOR GAS DISCHARGE TUBE, BY REGION 2020-2028 ($MILLION)
TABLE 11.SURGE PROTECTION DEVICE  SHARE, FOR SURGE ARRESTOR, BY REGION 2020-2028 ($MILLION)
TABLE 12.SURGE PROTECTION DEVICE  SHARE, FOR OTHERS, BY REGION 2020-2028 ($MILLION)
TABLE 13.SURGE PROTECTION DEVICE MARKET FOR RESIDENTIAL, BY REGION 2020-2028 ($MILLION)
TABLE 14.GLOBAL SURGE PROTECTION DEVICE MARKET FOR INDUSTRAIL, BY REGION 2020-2028 ($MILLION)
TABLE 15.GLOBAL SURGE PROTECTION DEVICE MARKET FOR COMMERCIAL, BY REGION 2020-2028 ($MILLION)
TABLE 16.SURGE PROTECTION DEVICE MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 17.NORTH AMERICA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 18.NORTH AMERICA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 19.NORTH AMERICA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 20.NORTH AMERICA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 21.U.S. SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 22.U.S. SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 23.U.S. SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 24.U.S. SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 25.CANADA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 26.CANADA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 27.CANADA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 28.CANADA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 29.MEXICO SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 30.MEXICO SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 31.MEXICO SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 32.MEXICO SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 33.EUROPE SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 34.EUROPE SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 35.EUROPE SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 36.EUROPE SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 37.UK SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 38.UK SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 39.UK SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 40.UK SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 41.GERMANY SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 42.GERMANY SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 43.GERMANY SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 44.GERMANY SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 45.FRANCE SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 46.FRANCE SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 47.FRANCE SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 48.FRANCE SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 49.RUSSIA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 50.RUSSIA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 51.RUSSIA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 52.RUSSIA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 53.REST OF EUROPE SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 54.REST OF EUROPE SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 55.REST OF EUROPE SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 56.REST OF EUROPE SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 57.ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 58.ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 59.ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 60.ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 61.CHINA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 62.CHINA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 63.CHINA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 64.CHINA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 65.JAPAN SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 66.JAPAN SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 67.JAPAN SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 68.JAPAN SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 69.INDIA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 70.INDIA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 71.INDIA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 72.INDIA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 73.SOUTH KOREA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 74.SOUTH KOREA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 75.SOUTH KOREA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 76.SOUTH KOREA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 77.REST OF ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 78.REST OF ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 79.REST OF AISA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 80.REST OF ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 81.LAMEA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 82.LAMEA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 83.LAMEA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 84.LAMEA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 85.LATIN AMERICA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 86.LATIN AMERICA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 87.LATIN AMERICA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 88.LATIN AMERICA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 89.MIDDLE EAST SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 90.MIDDLE EAST SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 91.MIDDLE EAST SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 92.MIDDLE EAST SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 93.AFRICA SURGE PROTECTION DEVICE MARKET, BY TYPE, 2020–2028 ($MILLION)
TABLE 94.AFRICA SURGE PROTECTION DEVICE MARKET, BY POWER RANGE, 2020–2028 ($MILLION)
TABLE 95.AFRICA SURGE PROTECTION DEVICE MARKET, BY COMPONENT, 2020–2028 ($MILLION)
TABLE 96.AFRICA SURGE PROTECTION DEVICE MARKET, BY END USE, 2020–2028 ($MILLION)
TABLE 97.ABB LTD.:KEY EXECUTIVES
TABLE 98.ABB LTD.: COMPANY SNAPSHOT
TABLE 99.ABB LTD.: OPERATING SEGMENTS
TABLE 100.ABB LTD.: PRODUCT PORTFOLIO
TABLE 101.BELKIN INTERNATIONAL (FIT):KEY EXECUTIVES
TABLE 102.BELKIN INTERNATIONAL (FIT): COMPANY SNAPSHOT
TABLE 103.BELKIN INTERNATIONAL (FIT): OPERATING SEGMENTS
TABLE 104.BELKIN INTERNATIONAL (FIT): PRODUCT PORTFOLIO
TABLE 105.EATON CORPORATION PLC:KEY EXECUTIVES
TABLE 106.EATON CORPORATION PLC: COMPANY SNAPSHOT
TABLE 107.EATON CORPORATION PLC: OPERATING SEGMENTS
TABLE 108.EATON CORPORATION PLC: PRODUCT PORTFOLIO
TABLE 109.EATON CORPORATION PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 110.EMERSON ELECTRIC CO.:KEY EXECUTIVES
TABLE 111.EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
TABLE 112.EMERSON ELECTRIC CO.: OPERATING SEGMENTS
TABLE 113.EMERSON ELECTRIC CO.: PRODUCT PORTFOLIO
TABLE 114.EMERSON ELECTRIC CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115.GENERAL ELECTRIC COMPANY:KEY EXECUTIVES
TABLE 116.GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
TABLE 117.GENERAL ELECTRIC COMPANY: OPERATING SEGMENTS
TABLE 118.GENERAL ELECTRIC COMPANY: PRODUCT PORTFOLIO
TABLE 119.GENERAL ELECTRIC COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 120.HUBBELL INCORPORATED:KEY EXECUTIVES
TABLE 121.HUBBELL INCORPORATED: COMPANY SNAPSHOT
TABLE 122.HUBBELL INCORPORATED: OPERATING SEGMENTS
TABLE 123.HUBBELL INCORPORATED: PRODUCT PORTFOLIO
TABLE 124.LITTELFUSE, INC.:KEY EXECUTIVES
TABLE 125.LITTELFUSE, INC.: COMPANY SNAPSHOT
TABLE 126.LITTELFUSE, INC.: OPERATING SEGMENTS
TABLE 127.LITTELFUSE, INC.: PRODUCT PORTFOLIO
TABLE 128.LITTELFUSE, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 129.MERSEN:KEY EXECUTIVES
TABLE 130.MERSEN: COMPANY SNAPSHOT
TABLE 131.MERSEN: OPERATING SEGMENTS
TABLE 132.MERSEN: PRODUCT PORTFOLIO
TABLE 133.MERSEN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 134.SCHNEIDER ELECTRIC SE:KEY EXECUTIVES
TABLE 135.SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT
TABLE 136.SCHNEIDER ELECTRIC SE: OPERATING SEGMENTS
TABLE 137.SCHNEIDER ELECTRIC SE: PRODUCT PORTFOLIO
TABLE 138.SCHNEIDER ELECTRIC SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 139.SIEMENS AG: KEY EXECUTIVES
TABLE 140.SIEMENS AG: COMPANY SNAPSHOT
TABLE 141.SIEMENS AG: OPERATING SEGMENTS
TABLE 142.SIEMENS AG: PRODUCT PORTFOLIO
TABLE 143.SIEMENS AG: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENTATION
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.HIGH THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY
FIGURE 12.PATENT ANALYSIS, BY APPLICANT
FIGURE 13.SURGE PROTECTION DEVICE MARKET SHARE, BY TYPE, 2020–2028 (%)
FIGURE 14.SURGE PROTECTION DEVICE SHARE, BY TYPE, 2021-2028 ($MILLION)
FIGURE 15.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR HARD WIRED SURGE PROTECTION DEVICE, BY COUNTRY, 2020 & 2028 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR PLUG IN SURGE PROTECTION DEVICES, BY COUNTRY, 2020 & 2028 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR LINE CORD SURGE PROTECTORS, BY COUNTRY, 2020 & 2028 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR POWER CONTROL DEVICES, BY COUNTRY, 2020 & 2028 (%)
FIGURE 19.SURGE PROTECTION DEVICE MARKET SHARE, BY POWER RANGE, 2020–2028 (%)
FIGURE 20.SURGE PROTECTION DEVICE SHARE, BY POWER RANGE, 2020-2028 ($MILLION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR BELOW 100 KA, BY COUNTRY, 2020 & 2028 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR 100 KA TO 500 KA, BY COUNTRY, 2020 & 2028 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR 500 KA TO 100 KA, BY COUNTRY, 2020 & 2028 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR ABOVE 1000 KM, BY COUNTRY, 2020 & 2028 (%)
FIGURE 25.SURGE PROTECTION DEVICE MARKET SHARE, BY COMPONENT, 2020–2028 (%)
FIGURE 26.SURGE PROTECTION DEVICE SHARE, BY COMPONENT, 2020-2028 ($MILLION)
FIGURE 27.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR SUPPRESSOR, BY COUNTRY, 2020 & 2028 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR GAS DISCHARGE TUBE , BY COUNTRY, 2020 & 2028 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR SURGE ARRESTOR, BY COUNTRY, 2020 & 2028 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR OTHERS, BY COUNTRY, 2020 & 2028 (%)
FIGURE 31.SURGE PROTECTION DEVICE MARKET SHARE, BY END USE, 2020–2028 (%)
FIGURE 32.SURGE PROTECTION DEVICE MARKET SHARE, BY END USE, 2020-2028 ($MILLION)
FIGURE 33.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR RESIDENTIAL, BY COUNTRY, 2020 & 2028 (%)
FIGURE 34.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR INDUSTRAIL, BY COUNTRY, 2020 & 2028 (%)
FIGURE 35.COMPARATIVE SHARE ANALYSIS SURGE PROTECTION DEVICE MARKET FOR COMMERCIAL, BY COUNTRY, 2020 & 2028 (%)
FIGURE 36.SURGE PROTECTION DEVICE MARKET, BY REGION, 2020-2028 (%)
FIGURE 37.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SURGE PROTECTION DEVICE MARKET, BY COUNTRY, 2020–2028 (%)
FIGURE 38.U.S. SURGE PROTECTION DEVICE  MARKET, 2020–2028 ($MILLION)
FIGURE 39.CANADA SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 40.MEXICO SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 41.COMPARATIVE SHARE ANALYSIS OF EUROPE SURGE PROTECTION DEVICE MARKET, BY COUNTRY, 2020–2028 (%)
FIGURE 42.UK SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 43.GERMANY SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 44.FRANCE SURGE PROTECTION DEVICE MARKET, 2019–2027 ($MILLION)
FIGURE 45.RUSSIA SURGE PROTECTION DEVICE MARKET, 2019–2027 ($MILLION)
FIGURE 46.REST OF EUROPE SURGE PROTECTIN DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 47.COMPARATIVE SHARE ANALYSIS OF E ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, BY COUNTRY, 2020–2028 (%)
FIGURE 48.CHINA SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 49.JAPAN SURGE PROTECTION DEVICE MARKET, 2019–2027 ($MILLION)
FIGURE 50.INDIA SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 51.SOUTH KOREA SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 52.REST OF ASIA-PACIFIC SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 53.COMPARATIVE SHARE ANALYSIS OF LAMEA SURGE PROTECTION DEVICE MARKET, BY COUNTRY, 2020–2028 (%)
FIGURE 54.LATIN AMERICA SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 55.MIDDLE EAST SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 56.AFRICA SURGE PROTECTION DEVICE MARKET, 2020–2028 ($MILLION)
FIGURE 57.MARKET PLAYER POSITIONING, 2019
FIGURE 58.TOP WTOP WINNING STRATEGIES, BY YEAR, 2019–2021
FIGURE 59.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021 (%)
FIGURE 60.TOP WINNING STRATEGIES, BY COMPANY, 2019–2021
FIGURE 61.COMPETITIVE DASHBOARD
FIGURE 62.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 63.ABB LTD.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 64.ABB LTD.: REVENUE, 2018–2020 ($MILLION)
FIGURE 65.ABB LTD.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 66.ABB LTD.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 67.BELKIN INTERNATIONAL (FIT): R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 68.BELKIN INTERNATIONAL (FIT): NET SALES, 2017–2019 ($MILLION)
FIGURE 69.BELKIN INTERNATIONAL (FIT): REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 70.BELKIN INTERNATIONAL (FIT): REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 71.EATON CORPORATION PLC: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 72.EATON CORPORATION PLC: REVENUE, 2018–2020 ($MILLION)
FIGURE 73.EATON CORPORATION PLC: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 74.EATON CORPORATION PLC: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 75.EMERSON ELECTRIC CO.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 76.EMERSON ELECTRIC CO.: REVENUE, 2018–2020 ($MILLION)
FIGURE 77.EMERSON ELECTRIC CO.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 78.EMERSON ELECTRIC CO.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 79.GENERAL ELECTRIC COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 80.GENERAL ELECTRIC COMPANY: REVENUE, 2018–2020 ($MILLION)
FIGURE 81.GENERAL ELECTRIC COMPANY: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 82.GENERAL ELECTRIC COMPANY: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 83.HUBBELL INCORPORATED: REVENUE, 2018–2020 ($MILLION)
FIGURE 84.HUBBELL INCORPORATED: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 85.HUBBELL INCORPORATED: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 86.LITTELFUSE, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 87.LITTELFUSE, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 88.LITTELFUSE, INC.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 89.LITTELFUSE, INC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 90.MERSEN: REVENUE, 2018–2020 ($MILLION)
FIGURE 91.MERSEN: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 92.MERSEN: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 93.SCHNEIDER ELECTRIC SE: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 94.SCHNEIDER ELECTRIC SE: REVENUE, 2018–2020 ($MILLION)
FIGURE 95.SCHNEIDER ELECTRIC SE: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 96.SCHNEIDER ELECTRIC SE: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 97.SIEMENS AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 98.SIEMENS AG: REVENUE, 2018–2020 ($MILLION)
FIGURE 99.SIEMENS AG: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 100.SIEMENS AG: REVENUE SHARE, BY REGION, 2020 (%)

 
 

The global surge protection devices market is competitive, owing to strong presence of existing vendors. Surge protection devices technology vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.

The surge protection devices market holds a substantial scope for growth on a global scale. Its contribution to the market will increase significantly within the span of the forecasted period. Recent discoveries and innovations have created vast opportunities for numerous players to step in the surge protection devices market.

Increase in demand for usage of electrical and electronics appliances in commercial & residential sectors drives the market. High maintenance costs incurred due to electrical equipment downtime have also encouraged the adoption of SPDs as it provides safety in industries and in the domestic sector.

The key factors that hamper the growth of this market are low awareness among small scale manufactures and competition from uninterrupted and non-fluctuating power supply systems. The opportunity lies in increasing the awareness for need of SPDs, rapid industrialization, and power supply issues in developing countries.

On the basis of end use, it is further divided into residential, industrial, and commercial. Region wise, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa).

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A. The Surge Protection Devices Market is estimated to grow at a CAGR of 5.4% from 2021 to 2028.

A. The Surge Protection Devices Market is projected to reach $9.14 billion by 2027.

A. To get the latest version of sample report

A. Factors such as rising concerns with respect to the safety of valuable physical assets, growth in perceived threat levels, increase in retail and commercial banks, and rise in security awareness drives the growth of the Surge Protection Devices market

A. The key players profiled in the surge protection devices industry include ABB Ltd, Belkin International, Eaton Corporation, Emerson Electric Co., General Electric Company, Hubbel Incorporated, Littelfuse Inc, Mersen, Schneider Electric Co., and Siemens AG.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Surge Protection Devices Market is segmented on the basis of type, power range, component, and end use.

A. The key growth strategies of Surge Protection Devices market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Gas Discharge Tube Segment holds a dominant position throughout the forecast period.

A. Hard Wired Surge Protection Devices segment will grow at a highest CAGR of 7.1% during 2021 - 2028

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