Surge Protection Devices Market Emerging Growth By Key Industry Players: ABB Ltd, Siemens AG, Schneider Electric SE, Emerson Electric Company, Eaton Corporation Plc and Others

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The Surge Protection Devices Market is expected to grow from an estimated US$ 2.06 Billion in 2017 to US$ 2.68 Billion by 2022, registering a CAGR of 5.47%, from 2017 to 2022. The global market is set to witness significant growth due to growing demand for protection systems for electronic devices, power quality issues, a rise in alternative energy programs, and cost escalation due to frequent equipment failures.

Top Companies in the “Surge Protection Devices Market” include are
• ABB Ltd. (Switzerland)
• Siemens AG (Germany)
• Schneider Electric SE (France)
• Emerson Electric Company (U.S.)
• Eaton Corporation Plc. (Ireland)

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The plug-in Surge Protection Devices segment is expected to constitute the largest market by 2022. Plug-in surge protection devices primarily consist of DIN rail type mounting as well as other form factor SPDs without extension cords. These surge protection devices are designed to be installed at the service entrances of facilities, typically on the main switchboards, or close to sensitive equipment in facilities without lightning protection systems.

“Asia-Pacific: The fastest growing market for surge protection devices”
The Surge Protection Devices market is projected to grow faster in the Asia-Pacific region, especially in China and Japan. The Asia-Pacific region is moving towards clean energy on a large scale in order to meet its growing energy needs in an efficient way. India, China, and Singapore are some of the potential growing markets in the power and utilities sector. Also, Asia-Pacific offered the biggest potential gains for foreign direct investment, and attracted 45% of all capital investment, globally, in 2015. Increased investments in modernizing infrastructure and urbanizing populations, especially in developing economies such as China and India, is expected to drive the Asia-Pacific surge protection device market.

#Target Audience for Surge Protection Devices Market: Surge protection device manufacturers, dealers, and suppliers, Consulting companies in the energy and power sector, Government and research organizations, Investors and shareholders, Environmental research institutes, Process industries and power and energy associations, Surge protectors components manufacturers, Manufacturing industry, Energy efficiency consultants

Study Objectives:

• To strategically profile key players and comprehensively analyze their market shares and core competencies

• To define, describe, and forecast the global surge protection devices market by type, end-user, discharge current, and region

• To provide detailed information regarding the major factors influencing the growth of the surge protection devices market (drivers, restraints, opportunities, and industry-specific challenges)

• To strategically analyze the surge protection devices market with respect to individual growth trends, future prospects, and contribution of each segment to the market

• To analyze competitive developments such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the surge protection devices market

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List of Tables
Table 1 Asia-Pacific: Country Analysis, 2015
Table 2 Global Surge Protection Devices Market Size, By Type, USD Million, 2015–2022
Table 3 Global Hard Wired Surge Protection Devices Market Size, By Region, USD Million, 2015–2022
Table 4 Global Plug in Surge Protection Devices Market Size, By Region, USD Million, 2015–2022
Table 5 Global Line Cord Surge Protection Devices Market Size, By Region, USD Million, 2015–2022
Table 6 Global Surge Protection Devices Market Size, By Discharge Current, USD Million, 2015–2022
Table 7 Above 25 kA Surge Protection Devices Market, By Region, USD Million, 2015–2022
Table 8 Above 25 kA Surge Protection Devices Market Size, By End-Users, USD Million, 2015–2022
Table 9 Above 25 kA Surge Protection Devices Market Size, By Type, USD Million, 2015–2022
Table 10 10 kA–25 kA Surge Protection Devices Market Size, By Region, USD Million, 2015–2022
…..and More

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