Extract:
Based on this comprehensive report published by Gravitas Market Insights, the Surge Protection Devices market is said to witness a significant growth during the forecast years between 2021 and 2028. Electrical equipment are protected from voltage spikes using power surge protector devices (SPDs). SPDs regulate the voltage sent to an electric device by blocking or shorting any undesirable voltages above a safe threshold to the ground. Automatic control buses, electric power supply networks, telephone networks, and numerous communication systems all use them. This surge is likely to stay constant and for the next couple of years and will begin to normalize post 2022.
Report Scope in detail:
This latest report edition of Surge Protection Devices market has been added to our huge database of detailed reports and this envisions to shape the future of all the related businesses. Our team of learned research analysts have studied in-depth and curated the report based on several aspects which include the overview of the market, driving forces, growth rate, market trends, market size, opportunities and challenges of the market; along with detailed competitive analysis on the regional as well as global level. The Surge Protection Devices market research report renders a thorough analysis of the market on a global aspect and aims on several market segmentation. This report also provides deeper perception into the latest trends of the market and pinpoints crucial product developments of the industry. Furthermore, the report collects numerous factors that have accredited to the growth of the market in the recent years.
Market Dynamics:
• Increased demand for electrical and electronic products in commercial and residential sectors is a key driver driving the surge protection devices market share.
• Small-scale manufacturers' lack of understanding, as well as competition from uninterrupted and non-fluctuating power supply systems, are the main issues limiting the surge protection devices market's growth.
• Because of favourable government legislation, the Asia Pacific area is one of the most important locations for outsourcing services. As a result, the number of data centres in the region has increased significantly.
Surge Protection Devices Market Segmentation:
By Type
• Plug in Surge Protection Devices
• Hard Wired Surge Protection devices
• Power Control Devices
• Line Cord Surge Protectors
By Component
• Gas Discharge Tube
• Suppressor
• Surge Arrestor
• Others (Voltage Suppression Diode, Metal Oxide Varistor)
By End Use
• Industrial
• Residential
• Commercial
Regional Coverage
• North America
o United States
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Korea
o Australia
o Southeast Asia
o Rest of Asia-Pacific
• South America
o Brazil
o Argentina
o Colombia
o Rest of South America
• Middle East & Africa
o GCC
o South Africa
o Rest of Middle East & Africa
Competitive Analysis:
Eminent market players have been outlined in order to extract improved insights into the worldwide businesses. Our research reports offer all-inclusive information on various top most manufacturers that are operational across global regions. We provide company profiles which include detailed overview of the company, business information, business performance, crucial strategies implemented through the years.
Few of the Key Players Covered in Our Report:
• Belkin International
• ABB Ltd
• Emerson Electric Co.
• Eaton Corporation
• General Electric Company
• Littelfuse Inc
• Emerson Electric Co.
• Hubbel Incorporated
• Schneider Electric Co.
• Siemens AG
• Mersen
Impact of COVID19:
The COVID19 pandemic crippled the global economy, it resulted in a worldwide lockdown and this has majorly impacted numerous industries. Our industry experts are working round-the-clock to identify, accumulate and in-time deliver market analysis due to the effect of unprecedented decisions in COVID-19 repercussions on many businesses. The full version of this report will comprise the overall impact of the pandemic, and predicted alteration on the future outlook of the industry, by taking into the account the economic, political, technological and social parameters.
Section 1: Executive Summary
1.1. Surge Protection Devices Market Industry 360° outline, Year 2016 - 2028
1.2. Business Model Trends
1.3. Growth Trends
1.4. End-User/Component Trends
1.5. Regional Trends
Section 2: Market Dynamics - Surge Protection Devices Market Industry Insights
2.1. Growth Drivers
2.2. Opportunities
2.3. Industry challenges
2.4. SWOT Analysis
2.5. Porter's Analysis
2.6. Worldwide Industry Landscape, Year 2016 - 2028
2.7. Industry Segmentation
2.8. Technology & Invention landscape
2.9. Regional Landscape
2.9.1. North America
2.9.2. Europe
2.9.3. Asia-Pacific
2.9.4. South America
2.9.5. Middle East & Africa
2.10. Competitive Environment
Section 3: Global Surge Protection Devices Market, By Type
3.1. Segmentation Analysis, By Type, 2016-2028
3.2. Market Share Segmentation Analysis, By Type, 2016-2028
3.3. Plug in Surge Protection Devices
3.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
3.4. Hard Wired Surge Protection devices
3.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
3.5. Power Control Devices
3.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
3.6. Line Cord Surge Protectors
3.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 4: Global Surge Protection Devices Market, By Component
4.1. Segmentation Analysis, By Component, 2016-2028
4.2. Market Share Segmentation Analysis, By Component, 2016-2028
4.3. Gas Discharge Tube
4.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.4. Suppressor
4.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.5. Surge Arrestor
4.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.6. Others (Voltage Suppression Diode, Metal Oxide Varistor)
4.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 5: Global Surge Protection Devices Market, By End Use
5.1. Segmentation Analysis, By End Use, 2016-2028
5.2. Market Share Segmentation Analysis, By End Use, 2016-2028
5.3. Industrial
5.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
5.4. Residential
5.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
5.5. Commercial
5.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 6: Global Surge Protection Devices Market, Regional Analysis
6.1. Global Surge Protection Devices Market, Regional Analysis
6.2. North America, Country level Analysis
6.2.1. North America Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Type, 2016 - 2028
6.2.2. North America Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.2.3. North America Surge Protection Devices Market estimates and forecast with Growth rate analysis, By End Use, 2016 - 2028
6.2.4. United States
6.2.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.2.5. Canada
6.2.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.2.6. Mexico
6.2.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3. Europe Country level Analysis
6.3.1. Europe Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Type, 2016 - 2028
6.3.2. Europe Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.3.3. Europe Surge Protection Devices Market estimates and forecast with Growth rate analysis, By End Use, 2016 - 2028
6.3.4. UK
6.3.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.5. Germany
6.3.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.6. France
6.3.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.7. Italy
6.3.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.8. Spain
6.3.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.9. Russia
6.3.9.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.10. Rest of Europe
6.3.10.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4. Asia-Pacific Country level Analysis
6.4.1. Asia-Pacific Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Type, 2016 - 2028
6.4.2. Asia-Pacific Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.4.3. Asia-Pacific Surge Protection Devices Market estimates and forecast with Growth rate analysis, By End Use, 2016 - 2028
6.4.4. China
6.4.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.5. India
6.4.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.6. Japan
6.4.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.7. Korea
6.4.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.8. Australia
6.4.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.9. Southeast Asia
6.4.9.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.10. Rest of Asia-Pacific
6.4.10.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5. South America Country level Analysis
6.5.1. South America Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Type, 2016 - 2028
6.5.2. South America Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.5.3. South America Surge Protection Devices Market estimates and forecast with Growth rate analysis, By End Use, 2016 - 2028
6.5.4. Brazil
6.5.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5.5. Argentina
6.5.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5.6. Colombia
6.5.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5.7. Rest of South America
6.5.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.6. Middle East & Africa Country level Analysis
6.6.1. MEA Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Type, 2016 - 2028
6.6.2. MEA Surge Protection Devices Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.6.3. MEA Surge Protection Devices Market estimates and forecast with Growth rate analysis, By End Use, 2016 - 2028
6.6.4. GCC
6.6.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.6.5. South Africa
6.6.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.6.6. Rest of Middle East & Africa
6.6.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 7: Company Profile - Surge Protection Devices Market
7.1. Belkin International
7.1.1. Business Overview
7.1.2. Product & Service Offering
7.1.3. Overall Revenue
7.1.4. Strategic Outlook
7.2. ABB Ltd
7.2.1. Business Overview
7.2.2. Product & Service Offering
7.2.3. Overall Revenue
7.2.4. Strategic Outlook
7.3. Emerson Electric Co.
7.3.1. Business Overview
7.3.2. Product & Service Offering
7.3.3. Overall Revenue
7.3.4. Strategic Outlook
7.4. Eaton Corporation
7.4.1. Business Overview
7.4.2. Product & Service Offering
7.4.3. Overall Revenue
7.4.4. Strategic Outlook
7.5. General Electric Company
7.5.1. Business Overview
7.5.2. Product & Service Offering
7.5.3. Overall Revenue
7.5.4. Strategic Outlook
7.6. Littelfuse Inc
7.6.1. Business Overview
7.6.2. Product & Service Offering
7.6.3. Overall Revenue
7.6.4. Strategic Outlook
7.7. Emerson Electric Co.
7.7.1. Business Overview
7.7.2. Product & Service Offering
7.7.3. Overall Revenue
7.7.4. Strategic Outlook
7.8. Hubbel Incorporated
7.8.1. Business Overview
7.8.2. Product & Service Offering
7.8.3. Overall Revenue
7.8.4. Strategic Outlook
7.9. Schneider Electric Co.
7.9.1. Business Overview
7.9.2. Product & Service Offering
7.9.3. Overall Revenue
7.9.4. Strategic Outlook
7.10. Siemens AG
7.10.1. Business Overview
7.10.2. Product & Service Offering
7.10.3. Overall Revenue
7.10.4. Strategic Outlook
7.11. Mersen
7.11.1. Business Overview
7.11.2. Product & Service Offering
7.11.3. Overall Revenue
7.11.4. Strategic Outlook
*Market size and forecast will be provided from 2016-2028, and forecast period would be 2021-2028
*Details on financial performance and strategic moves and developments may not be captured for unlisted companies
*List of companies profiled in this TOC is tentative and may change after detailed analysis
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