Press release
Surge Protection Devices Market Forecast By 2027 | Eaton Corporation, Schneider- electric. Co, Siemens AG, ABB Group, General Electric, Emerson Electric Co.
According to a recent research report published by Future Market Insights titled “Surge Protection Devices Market: Global Industry Analysis (2012-2016) & Opportunity Assessment (2017-2027),” the global surge protection devices market was valued at US$ 2,046.4 Mn in 2016, and is expected to register a CAGR of 7.8% from 2017 to 2027. Surge protection device is a device or appliance that is designed to safeguard electrical devices from voltage surge. A surge protector tries to limit the supplied voltage to an electric device by either shorting it to ground or blocking any unwanted voltages above the safe threshold.Full Report @ https://www.futuremarketinsights.com/reports/surge-protection-devices-market
Global Surge Protection Devices Market: Dynamics
Increasing demand for surge arresters in locomotive applications and growing importance given to reduce the adverse impact of lightning are major factors driving the growth of the global surge protection devices market. However, lack of component level testing and a long warranty claiming process are factors restraining market revenue growth of the global surge protection devices market during the forecast period.
A Sample of this Report is Available upon Request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4727
Global Surge Protection Devices Market: Forecast by Type
The global surge protection devices market is categorised on the basis of type, end-user and region. On the basis of type, the market is segmented as type 1, type 2 and type 3. The type 2 segment is anticipated to register the highest CAGR of 8.4% during the forecast period. While type 1 is anticipated to register a moderate CAGR of 7.1% with a market share of 32.9% in 2017.
Global Surge Protection Devices Market: Forecast by End-User
On the basis of end-user, the global surge protection devices market is segmented into industrial, commercial and residential. The revenue contribution from the commercial sector segment is anticipated to expand at a CAGR of 9.1% during the forecast period.
Global Surge Protection Devices Market: Forecast by Region
This report also covers trends driving each segment and offers analysis and insights regarding the potential of the surge protection devices market in the key assessed regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East and Africa. Among the regions, APEJ is projected to exhibit relatively high growth in the global market, registering a CAGR of 10.0% over the forecast period. Revenue from the surge protection devices market in Asia Pacific is expected to account for over 18.3% of the global surge protection devices market revenue in 2017. Surge protection devices providers can focus on expanding across several countries in the APAC and North America regions such as India, China and U.S.
Access Report with Table of Contents @ https://www.futuremarketinsights.com/askus/rep-gb-4727
Global Surge Protection Devices Market: Key Players
Key competitors covered in the global surge protection devices market report include Eaton Corporation, Schneider- electric. Co, Siemens AG, ABB Group, General Electric, Emerson Electric Co., Littelfuse, Inc. , Koninklikes Philips N.V, Rockwell Automation, Inc., and Honeywell International Inc.
About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surge Protection Devices Market Forecast By 2027 | Eaton Corporation, Schneider- electric. Co, Siemens AG, ABB Group, General Electric, Emerson Electric Co. here
News-ID: 1357608 • Views: …
More Releases from Future Market Insights
Pet Joint Health Supplement Market Set to Reach USD 3.76 Billion by 2035 Driven …
The global pet joint health supplement market is poised for substantial growth, projected to expand from USD 2,100 million in 2025 to approximately USD 3,763.3 million by 2035, registering a 6% CAGR over the forecast period. Rising awareness of preventive care, coupled with the increasing humanization of pets, is fueling demand for advanced joint health solutions designed to maintain mobility and enhance life quality in aging animals.
Pet owners and veterinary…
USA Protein Snacks Market Set to Surge to USD 4.2 Billion by 2035 with 8.6% CAGR …
The demand for protein snacks in the USA is projected to climb from USD 1.8 billion in 2025 to USD 4.2 billion by 2035, reflecting a robust CAGR of 8.6%. This growth is fueled by consumers' increasing preference for high-protein, convenient snacks as healthier alternatives to traditional options.
Fitness-oriented eating habits and awareness of balanced nutrition are key drivers, encouraging adoption among busy professionals, athletes, students, and on-the-go consumers seeking…
Plant-Based Feed Ingredients Market to Reach USD 5.79 Billion by 2035, Driven by …
The plant-based feed ingredients market is experiencing robust growth, valued at USD 3,256.8 million in 2025 and projected to reach USD 5,794.7 million by 2035, expanding at a CAGR of 5.9%. The growth is fueled by the rising global demand for sustainable protein sources, enhanced feed efficiency, and the modernization of livestock and poultry production systems.
Plant-based feed ingredients are increasingly preferred across livestock, poultry, aquaculture, and pet food sectors due…
Quinoa Starch Market Set to Surge to USD 2.09 Billion by 2035, Driven by Gluten- …
The global quinoa starch market is witnessing robust growth, valued at USD 1,180 million in 2025 and projected to reach USD 2,090 million by 2035, expanding at a CAGR of 5.9%. Growth is propelled by the rising popularity of gluten-free foods, consumer preference for natural functional ingredients, and the increasing demand for high-performance starch alternatives in food processing.
Quinoa starch is celebrated for its exceptional gel-forming properties, thermal stability, and…
More Releases for Surge
Metal Oxidized Varistors (MOV) Market Witnessing Surge in Surge Protection Solut …
Los Angeles, United State: The research report focuses on target groups of customers to help players to effectively market their products and achieve strong sales in the global Metal Oxidized Varistors (MOV) Market. It segregates useful and relevant market information as per the business needs of players. Readers are provided with validated and revalidated market forecast figures such as CAGR, revenue, production, consumption, and market share. Our accurate market data…
Millennials fuel P2P investment surge
According to the latest research, Robocash's core audience consists of millennial men with an average investment of up to €5,000. At the same time, the platform is becoming more appealing to a broader demographic, as well as geographically.
Robocash analysts studied how the profile of the platform's investors has changed over the past year.
Currently, the majority of investors on Robocash are aged 29-44. However, since 2024, the share…
LED Lighting Surge Protector Market
An LED lighting surge protector is a device that safeguards LED lights from voltage spikes. These spikes, or surges, can be caused by lightning strikes, power outages, or even the switching on and off of large appliances on the same circuit.
Surge protectors typically contain MOVs (metal oxide varistors) which are special resistors that divert excess voltage away from the delicate electronics in LED lights. When a surge happens, the…
Surge Protector Market Growth Set to Surge Significantly During 2021 - 2030
A power surge protector is designed to protect electrical appliances from voltage spikes. These protectors 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.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.alliedmarketresearch.com/request-sample/15363
The Global Surge Protector Market size was valued at $3.9…
Surge Arrester Market estimated to improve the demand for surge arrester in the …
Surge arrester is a device which works as a protector for electrical equipment from over voltage transient caused by switching (internal) or lightning (external) activities. Surge arrester is widely utilized to protect the power transmission and distribution equipment and also in applications such as railways. The surge arrester is also known as transient voltage surge suppressor (TVSS) and surge protection device (SPD).
To remain ‘ahead’ of your competitors, request for a…
Global Surge Arrester Market Poised to Surge USD 105.84 million in 2022
The market research report titled “Global Surge Arrester Market Poised to Surge USD 105.84 million in 2022” and published by Zion Market Research provides an insightful comprehension about the growth aspects, dynamics, and working of the global Canada Surge Arrester Market. The report entails details about the market with data collected over the years with its wide-ranging analysis. It also comprises the competitive landscape within the market together with a…
