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