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The global surge protection devices market size was accounted at over USD 2 billion in 2020 and anticipated to register a significant CAGR during the forecast period 2021 to 2027. The increasing use of electric and electronic appliances in the both residential and commercial sectors is a primary factor to drive the market growth. Furthermore, the rapid growth in industrialization, power fluctuation issues, and raising awareness for surge protection devices is further anticipated to boost the market. Moreover, the demand for surge protection devices (SPDs) is anticipated to increase during the
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Global Surge Protection Devices MarketSize, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027 Media Contact: Company Name: Research Corridor Contact Person: Mr. Vijendra Singh Email: sales@researchcorridor.com
According to the recent report published by Research Corridor, the GlobalSurge Protection Devices Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. This latest industry research study analyzes the Surge Protection Devices market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The global surge protection devices market size was accounted at over USD 2 billion in 2020 and anticipated to register a significant CAGR during the forecast period 2021 to 2027. The increasing use of electric and electronic appliances in the both residential and commercial sectors is a primary factor to drive the market growth. Furthermore, the rapid growth in industrialization, power fluctuation issues, and raising awareness for surge protection devices is further anticipated to boost the market. Moreover, the demand for surge protection devices (SPDs) is anticipated to increase during the forecast period due to climate change and subsequent increases in lightning incidents. The report titled "Surge Protection Devices Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Surge Protection Devices industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Surge Protection Devices market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry. The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies. Surge Protection Devices Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market. The Data Surge Protection Devices Market Segmentation:
By Type: Hard-wired Plug-in Line Cord Power Control Devices • • • • By Power Rating: 0-50 kA 1-100 kA 1-200 kA 1 kA and Above • • • • By End-Use: Commercial Complexes Data Center Industries & Manufacturing Medical Residential Buildings Telecommunication Transportation Others • • • • • • • • By Region: •North America •Europe •Asia Pacific •Latin America •Middle East & Africa • List of Key Companies: •ABB, Ltd. •Siemens AG •Schneider Electric SE •General Electric •Eaton Corporation, Plc.
•Emerson Electric Co. •Legrand SA •Littelfuse, Inc. •Tripp Lite •Vertiv Group Corp Key Questions Answered by Surge Protection Devices Market Report •Product popularity and adoption based on various country-level dynamics •Regional presence and product development for leading market participants •Market forecasts and trend analysis based on ongoing investments and economic growth in key countries •Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others •number of employees and market concentration, among others To know more about this study, request a free sample report @ https://www.researchcorridor.com/request-sample/?id=5064 About Us: Research Corridor is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies. Our expert’s team of analysts provides enterprises with strategic insights. Research Corridor works to help enterprises grow through strategic insights and actionable solutions. Feel free to contact us for any report customization at sales@researchcorridor.com . Media Contact: Company Name: Research Corridor Contact Person: Mr. Vijendra Singh
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