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Surge Protection Devices Market Regional Analysis and Forecast 2017-2022

The report "Surge Protection Devices Market by Type (Hard-Wired, Plug-In, and Line Cord), Discharge Current (Below 10 kA, 10 kA–25 kA, and above 25 kA), End-User (Industrial, Commercial, and Residential), and Region - Global Forecast to 2022", The surge protection devices market is expected to grow from an estimated USD 2.06 Billion in 2017 to USD 2.68 Billion by 2022, registering a CAGR of 5.47%, from 2017 to 2022.<br><br>The global market is set to witness significant growth due to growing demand for protection systems for electronic devices, power quality issues, a rise in alternative energy programs, and cost escalation due to frequent equipment failures.<br>

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Surge Protection Devices Market Regional Analysis and Forecast 2017-2022

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  1. Surge Protection Devices Market Regional Analysis and Forecast 2017-2022 www.MarketsandMarkets.com

  2. The report "Surge Protection Devices Market by Type (Hard-Wired, Plug-In, and Line Cord), Discharge Current (Below 10 kA, 10 kA–25 kA, and above 25 kA), End-User (Industrial, Commercial, and Residential), and Region - Global Forecast to 2022", The surge protection devices market is expected to grow from an estimated USD 2.06 Billion in 2017 to USD 2.68 Billion by 2022, registering a CAGR of 5.47%, from 2017 to 2022. The global market is set to witness significant growth due to growing demand for protection systems for electronic devices, power quality issues, a rise in alternative energy programs, and cost escalation due to frequent equipment failures. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=89236426

  3. The industry segment is expected to hold the largest share of the surge protection devices market, by application, during the forecast period The industry segment led the surge protection devices market in 2016, and is projected to dominate the market during the forecast period. The Industry 4.0 initiative is being applied to vehicles and electrical machinery in order to facilitate remote diagnostics, remote maintenance, and remote data capture. Such initiatives have increased the need for datacenters, servers, and communication systems. With the increasing use of electronic equipment, the need for protection systems for such critical equipment has been increasing. This is driving the market for surge protection devices in the industrial segment, which is expected to create new revenue pockets for the surge protection devices market during the forecast period. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=89236426

  4. Browse >> 72market data tables 30 figures 138 pagesand in-depth TOC on “Air Insulated Switchgear Market ” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. Europe: The leading market for surge protection devices In this report, the surge protection devices market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The European market is expected to dominate the global surge protection devices market with a number of European countries investing in various protection systems for urbanized infrastructure development. Industry 4.0 is a European strategic initiative to digitally transform the industrial, IT, and manufacturing industries. Intelligent ICT-based machines, systems, and networks, capable of independently exchanging and responding to information to manage industrial production processes, are being implemented for production efficiency. There is an increasing trend of manufacturing facilities shifting their operations to low production areas such as Eastern Europe. Manufacturing, along with construction, mining, and quarrying, in Eastern Europe, is on the rise, making Europe a lucrative market for surge protection devices. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=89236426

  6. Target Audience: • Surge protection device manufacturers, dealers, and suppliers • Consulting companies in the energy and power sector • Government and research organizations • Investors and shareholders • Environmental research institutes • Process industries and power and energy associations • Surge protectors components manufacturers • Manufacturing industry • Energy efficiency consultants • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=89236426

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • ABB, Ltd. • Eaton Corporation, PLC. • Emersen Electric Co. • Siemens AG • Schneider Electric Se • General Electric Company • Littelfuse, Inc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=89236426

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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