Surge Protection Devices Market

A surge protective device (SPD) is a protective device for limiting transient voltages by diverting or limiting surge current and is capable of repeating these functions as specified.
Surge Protective Devices are designed to protect against transient surge conditions. Large single surge events, such as lightning, can reach hundreds of thousands of volts and can cause immediate or intermittent equipment failure. However, lightning and utility power anomalies only account for 20% of transient surges. The remaining 80% of surge activity is produced internally. Although these surges may be smaller in magnitude, they occur more frequently and with continuous exposure can degrade sensitive electronic equipment within the facility.
Surge Protection Devices Market contains market size and forecasts of Surge Protection Devices (SPDs) in global, including the following market information:
Global Surge Protection Devices (SPDs) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Surge Protection Devices (SPDs) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Surge Protection Devices (SPDs) companies in 2021 (%)
The global Surge Protection Devices (SPDs) market was valued at 2311 million in 2021 and is projected to reach US$ 2639 million by 2028, at a CAGR of 1.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Power Type SPD Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Surge Protection Devices (SPDs) include Phoenix, ABB, Emerson, DEHN SE, Siemens, Eaton, Citel, Obo Bettermann and Schneider, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Surge Protection Devices (SPDs) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Surge Protection Devices (SPDs) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Surge Protection Devices (SPDs) Market Segment Percentages, by Type, 2021 (%)
Power Type SPD
Signal Type SPD
Others
Global Surge Protection Devices (SPDs) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Surge Protection Devices (SPDs) Market Segment Percentages, by Application, 2021 (%)
Communication
Construction
Electric Power
Transportation
Oil and Gas
Others
Global Surge Protection Devices (SPDs) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Surge Protection Devices (SPDs) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Surge Protection Devices (SPDs) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Surge Protection Devices (SPDs) revenues share in global market, 2021 (%)
Key companies Surge Protection Devices (SPDs) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Surge Protection Devices (SPDs) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Phoenix
ABB
Emerson
DEHN SE
Siemens
Eaton
Citel
Obo Bettermann
Schneider
Weidm?ller
ZG
Littelfuse
Mersen Electrical
General Electric
NVent
Philips
LEIAN
MVC-Maxivolt
HPXIN
Raycap
Leviton
MIG
Legrand
MCG Surge Protection
Hubbell
Tripp Lite
KEANDA
JMV
Obo Bettermann
Weidm?ller