Allied Market Research published a report, titled, “Surge Protection Devices Market By Type (Hard Wired Surge Protection Devices, Plug in Surge Protection Devices, Line Cord Surge Protectors, and Power Control Devices), Power Range (Below 100 KA, 100 KA to 500 KA, 500 KA to 1000 KA, and Above 1000 KM), Component (Suppressor, Gas Discharge Tube, Surge Arrestor, and Others), and End Use (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2028”.
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The report offers an extensive analysis of changing market dynamics, key investment pockets, major segments, value chain analysis, competitive landscape, and investment feasibility. The research offers a detailed analysis of drivers, restraints, and opportunities of the global surge protection devices market. These insights provide necessary guidance to determine driving factors and implement strategies to gain a sustainable growth and tap on opportunities to explore the potential of the market.
The research provides a comprehensive analysis of driving factors, restraining factors, and opportunities of the global surge protection devices market. This analysis is helpful in identifying driving forces, achieving maximum growth, and adopting strategies to sustain in the market. Furthermore, investors, market players, and new entrants are able to gain insights to explore the surge protection devices market potential, avail new opportunities, and gain the competitive advantage. Detailed elaboration of each factor is mentioned in the report to help market players in thorough understanding.
• Hard Wired Surge Protection devices
• Plug in Surge Protection Devices
• Line Cord Surge Protectors
• Power Control Devices
By Power Range
• Below 100 KA
• 100 KA to 500 KA
• 500 KA to 1000 KA
• Above 1000 KM
• Gas Discharge Tube
• Surge Arrestor
• Others (Volt
By End Use
Scope of the Report: –
|Revenue forecast in 2028||$4.27 billion|
|Growth rate||CAGR of 5.4% from 2021 to 2028|
|Forecast period||2021 to 2028|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Regional scope||North America, Europe, Asia Pacific, Latin America, MEA|
|Country scope||U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, South Korea, Australia, Brazil, Mexico, South Africa, Saudi Arabia|
|Key companies profiled||ABB Ltd, Belkin International, Eaton Corporation, Emerson Electric Co., General Electric Company, Hubbel Incorporated, Littelfuse Inc, Mersen, Schneider Electric Co., and Siemens AG. Access Table PDF|
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An extensive analysis of each segment and sub-segment is offered in the research with in graphical and tabular formats. This analysis is helpful in determining the highest revenue generating and fastest growing segments and implementing different strategies to achieve the growth during the forecast period.
The research provides a detailed competitive scenario of the global surge protection devices market for every region. Regions analyzes in the report include North America (United States, Mexico, and Canada), Europe (The U.K., Germany, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Aforementioned segments are analyzed for each region in the research. The data and statistics mentioned in the report provide a valuable guidance to determine the untapped potential in different regions markets and adopting various strategies. AMR also offers customization services for particular regions and segments as per the requirements.
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Covid-19 impact Analysis
- Manufacturing activities of surge protection devices market halted due to lockdown measures taken place across many countries. Moreover, supply chain disruptions and shortage of raw materials created challenges in carrying out manufacturing in full capacity.
- The demand from end use industries reduced significantly due to halt in day-to-day operations during lockdown. However, the demand would grow steadily during post-lockdown as daily operations get back on track.
- The ban on import-export activities led to supply chain disruption and supply-demand gap. As the restrictions are lifted off, the supply chain will be restored.
The report offers a detailed scenario of the global surge protection devices market during the Covid-19 pandemic. These insights are helpful for market players, investors, startups, and others to revise their strategies and minimize the impact on their businesses. The impact mentioned in the report is the result of thorough research.
The report offers a detailed analysis of major market players operating in the global surge protection devices market. The leading market players profiled in the report are ABB Ltd, Belkin International, Eaton Corporation, Emerson Electric Co., General Electric Company, Hubbel Incorporated, Littelfuse Inc, Mersen, Schneider Electric Co., and Siemens AG. The competitive landscaope and the strategies adopted by market players are mentioned in the report. These surge protection devices market players have adopted various strategies such as new product launches, partnerships, joint ventures, collaborations, mergers and acquisitions, expansion, and others to avail sustainable growth and strengthen their presence in the global surge protection devices market.
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