The global surge protection device market size was estimated at USD 1.97 billion in 2016 and is expected to gain traction during the forecast period. 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.
A full report of Surge Protection Devices Market available at: https://www.orionmarketreports.com/surge-protection-devices-market/24834/
Key players that operate in this market are Raycap GmbH, General Electric Company, Schneider Electric SE, Emerson Electric Co., Pentair Technical Solutions, Eaton Corporation plc, Tripp Lite, Leviton Manufacturing Co., Inc., Crompton Greaves Limited, and PHOENIX CONTACT GmbH & Co. KG
Surge Protection Devices Market Key Segments:
By Product
• Plug-in devices
• Hardwired devices
• Line cord devices
• Power control center
By Application
• Residential
• Commercial
• Industrial
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
The report covers the following objectives:
• Proliferation and maturation of trade in the Surge Protection Devices Market.
• The market share of the Surge Protection Devices Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Surge Protection Devices Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Surge Protection Devices Market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
