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Surge Protection Devices (SPD) Market Overview, Strategic Analysis and Forecast to 2028

The global Surge Protection Devices (SPD) Market is expected to gain a higher CAGR during the forecast period. The lightning protection device directs the high current to the ground, eventually raising the potential of the ground close to the building which is installed. This results in overvoltage on electrical equipment directly through the ground terminals and stimulated through supply cables situated underground.

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