Surge Protection Devices Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The surge protection device market is to grow from an estimated 2017 US$2.1 billion by 2028 to US$2.7 billion and register a CAGR of 6% from 2012 to 2028. The use of this device can reduce electrical equipment downtime and losses due to downtime. Market growth is expected to accelerate as the need to protect expensive electrical equipment from unexpected electrical surges increases.

Company Profile

• Raycap GmbH
• General Electric Company
• Schneider Electric SE
• Emerson Electric Co.
• Pentair Technical Solutions
• Eaton Corporation plc

Market Segmentation

By Product

• Plug-in devices
• Hardwired devices
• Line cord devices
• Power control center

By Application

• Residential
• Commercial
• Industrial

Scope of the Report

The research study analyzes the global Surge Protection Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Surge Protection Devices Market Report

1. What was the Surge Protection Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Surge Protection Devices Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Surge Protection Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.