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Surge Protection Devices (SPD)-Global Market Insights and Sales Trends 2024
Synopsis
The global Surge Protection Devices (SPD) market size is expected to reach US$ 2378.1 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Surge Protection Devices (SPD) in various end use industries. The expanding demands from the Construction, Automotive and Transportation, Electronics and Electrical Equipment and Industrial, are propelling Surge Protection Devices (SPD) market. Voltage Switch SPD, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Voltage Limiting Type SPD segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Surge Protection Devices (SPD) market, driven by demand from China, the second largest economy with some signs of stabilising, the Surge Protection Devices (SPD) market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Surge Protection Devices (SPD), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Surge Protection Devices (SPD) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Surge Protection Devices (SPD) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Surge Protection Devices (SPD) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Surge Protection Devices (SPD) covered in this report include Schneider Electric, Eaton, GE Industrial Solutions, Siemens, ABB, Rockwell Automation Inc., Emerson, Bourns and Leviton, etc.
The global Surge Protection Devices (SPD) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider Electric
Eaton
GE Industrial Solutions
Siemens
ABB
Rockwell Automation Inc.
Emerson
Bourns
Leviton
Vertiv
Alltec
Raycap
Hager
Indelec
Global Surge Protection Devices (SPD) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Surge Protection Devices (SPD) market, Segment by Type:
Voltage Switch SPD
Voltage Limiting Type SPD
Combination Type SPD
Global Surge Protection Devices (SPD) market, by Application
Construction
Automotive and Transportation
Electronics and Electrical Equipment
Industrial
Energy
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Surge Protection Devices (SPD) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Surge Protection Devices (SPD) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Surge Protection Devices (SPD) market size is expected to reach US$ 2378.1 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Surge Protection Devices (SPD) in various end use industries. The expanding demands from the Construction, Automotive and Transportation, Electronics and Electrical Equipment and Industrial, are propelling Surge Protection Devices (SPD) market. Voltage Switch SPD, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Voltage Limiting Type SPD segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Surge Protection Devices (SPD) market, driven by demand from China, the second largest economy with some signs of stabilising, the Surge Protection Devices (SPD) market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Surge Protection Devices (SPD), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Surge Protection Devices (SPD) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Surge Protection Devices (SPD) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Surge Protection Devices (SPD) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Surge Protection Devices (SPD) covered in this report include Schneider Electric, Eaton, GE Industrial Solutions, Siemens, ABB, Rockwell Automation Inc., Emerson, Bourns and Leviton, etc.
The global Surge Protection Devices (SPD) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider Electric
Eaton
GE Industrial Solutions
Siemens
ABB
Rockwell Automation Inc.
Emerson
Bourns
Leviton
Vertiv
Alltec
Raycap
Hager
Indelec
Global Surge Protection Devices (SPD) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Surge Protection Devices (SPD) market, Segment by Type:
Voltage Switch SPD
Voltage Limiting Type SPD
Combination Type SPD
Global Surge Protection Devices (SPD) market, by Application
Construction
Automotive and Transportation
Electronics and Electrical Equipment
Industrial
Energy
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Surge Protection Devices (SPD) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Surge Protection Devices (SPD) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Surge Protection Devices (SPD) Market Overview
1.1 Surge Protection Devices (SPD) Product Overview
1.2 Surge Protection Devices (SPD) Market Segment by Type
1.2.1 Voltage Switch SPD
1.2.2 Voltage Limiting Type SPD
1.2.3 Combination Type SPD
1.3 Global Surge Protection Devices (SPD) Market Size by Type
1.3.1 Global Surge Protection Devices (SPD) Market Size Overview by Type (2018-2029)
1.3.2 Global Surge Protection Devices (SPD) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Surge Protection Devices (SPD) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Surge Protection Devices (SPD) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Surge Protection Devices (SPD) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Surge Protection Devices (SPD) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Surge Protection Devices (SPD) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Surge Protection Devices (SPD) Sales Breakdown by Type (2018-2023)
2 Global Surge Protection Devices (SPD) Market Competition by Company
2.1 Global Top Players by Surge Protection Devices (SPD) Sales (2018-2023)
2.2 Global Top Players by Surge Protection Devices (SPD) Revenue (2018-2023)
2.3 Global Top Players by Surge Protection Devices (SPD) Price (2018-2023)
2.4 Global Top Manufacturers Surge Protection Devices (SPD) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Surge Protection Devices (SPD) Market Competitive Situation and Trends
2.5.1 Surge Protection Devices (SPD) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Surge Protection Devices (SPD) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Surge Protection Devices (SPD) as of 2022)
2.7 Date of Key Manufacturers Enter into Surge Protection Devices (SPD) Market
2.8 Key Manufacturers Surge Protection Devices (SPD) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Surge Protection Devices (SPD) Status and Outlook by Region
3.1 Global Surge Protection Devices (SPD) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Surge Protection Devices (SPD) Historic Market Size by Region
3.2.1 Global Surge Protection Devices (SPD) Sales in Volume by Region (2018-2023)
3.2.2 Global Surge Protection Devices (SPD) Sales in Value by Region (2018-2023)
3.2.3 Global Surge Protection Devices (SPD) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Surge Protection Devices (SPD) Forecasted Market Size by Region
3.3.1 Global Surge Protection Devices (SPD) Sales in Volume by Region (2024-2029)
3.3.2 Global Surge Protection Devices (SPD) Sales in Value by Region (2024-2029)
3.3.3 Global Surge Protection Devices (SPD) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Surge Protection Devices (SPD) by Application
4.1 Surge Protection Devices (SPD) Market Segment by Application
4.1.1 Construction
4.1.2 Automotive and Transportation
4.1.3 Electronics and Electrical Equipment
4.1.4 Industrial
4.1.5 Energy
4.1.6 Others
4.2 Global Surge Protection Devices (SPD) Market Size by Application
4.2.1 Global Surge Protection Devices (SPD) Market Size Overview by Application (2018-2029)
4.2.2 Global Surge Protection Devices (SPD) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Surge Protection Devices (SPD) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Surge Protection Devices (SPD) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Surge Protection Devices (SPD) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Surge Protection Devices (SPD) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Surge Protection Devices (SPD) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Surge Protection Devices (SPD) Sales Breakdown by Application (2018-2023)
5 North America Surge Protection Devices (SPD) by Country
5.1 North America Surge Protection Devices (SPD) Historic Market Size by Country
5.1.1 North America Surge Protection Devices (SPD) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Surge Protection Devices (SPD) Sales in Volume by Country (2018-2023)
5.1.3 North America Surge Protection Devices (SPD) Sales in Value by Country (2018-2023)
5.2 North America Surge Protection Devices (SPD) Forecasted Market Size by Country
5.2.1 North America Surge Protection Devices (SPD) Sales in Volume by Country (2024-2029)
5.2.2 North America Surge Protection Devices (SPD) Sales in Value by Country (2024-2029)
6 Europe Surge Protection Devices (SPD) by Country
6.1 Europe Surge Protection Devices (SPD) Historic Market Size by Country
6.1.1 Europe Surge Protection Devices (SPD) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Surge Protection Devices (SPD) Sales in Volume by Country (2018-2023)
6.1.3 Europe Surge Protection Devices (SPD) Sales in Value by Country (2018-2023)
6.2 Europe Surge Protection Devices (SPD) Forecasted Market Size by Country
6.2.1 Europe Surge Protection Devices (SPD) Sales in Volume by Country (2024-2029)
6.2.2 Europe Surge Protection Devices (SPD) Sales in Value by Country (2024-2029)
7 Asia-Pacific Surge Protection Devices (SPD) by Region
7.1 Asia-Pacific Surge Protection Devices (SPD) Historic Market Size by Region
7.1.1 Asia-Pacific Surge Protection Devices (SPD) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Surge Protection Devices (SPD) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Surge Protection Devices (SPD) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Surge Protection Devices (SPD) Forecasted Market Size by Region
7.2.1 Asia-Pacific Surge Protection Devices (SPD) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Surge Protection Devices (SPD) Sales in Value by Region (2024-2029)
8 Latin America Surge Protection Devices (SPD) by Country
8.1 Latin America Surge Protection Devices (SPD) Historic Market Size by Country
8.1.1 Latin America Surge Protection Devices (SPD) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Surge Protection Devices (SPD) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Surge Protection Devices (SPD) Sales in Value by Country (2018-2023)
8.2 Latin America Surge Protection Devices (SPD) Forecasted Market Size by Country
8.2.1 Latin America Surge Protection Devices (SPD) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Surge Protection Devices (SPD) Sales in Value by Country (2024-2029)
9 Middle East and Africa Surge Protection Devices (SPD) by Country
9.1 Middle East and Africa Surge Protection Devices (SPD) Historic Market Size by Country
9.1.1 Middle East and Africa Surge Protection Devices (SPD) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Surge Protection Devices (SPD) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Surge Protection Devices (SPD) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Surge Protection Devices (SPD) Forecasted Market Size by Country
9.2.1 Middle East and Africa Surge Protection Devices (SPD) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Surge Protection Devices (SPD) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Schneider Electric
10.1.1 Schneider Electric Company Information
10.1.2 Schneider Electric Introduction and Business Overview
10.1.3 Schneider Electric Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Schneider Electric Surge Protection Devices (SPD) Products Offered
10.1.5 Schneider Electric Recent Development
10.2 Eaton
10.2.1 Eaton Company Information
10.2.2 Eaton Introduction and Business Overview
10.2.3 Eaton Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Eaton Surge Protection Devices (SPD) Products Offered
10.2.5 Eaton Recent Development
10.3 GE Industrial Solutions
10.3.1 GE Industrial Solutions Company Information
10.3.2 GE Industrial Solutions Introduction and Business Overview
10.3.3 GE Industrial Solutions Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 GE Industrial Solutions Surge Protection Devices (SPD) Products Offered
10.3.5 GE Industrial Solutions Recent Development
10.4 Siemens
10.4.1 Siemens Company Information
10.4.2 Siemens Introduction and Business Overview
10.4.3 Siemens Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Surge Protection Devices (SPD) Products Offered
10.4.5 Siemens Recent Development
10.5 ABB
10.5.1 ABB Company Information
10.5.2 ABB Introduction and Business Overview
10.5.3 ABB Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ABB Surge Protection Devices (SPD) Products Offered
10.5.5 ABB Recent Development
10.6 Rockwell Automation Inc.
10.6.1 Rockwell Automation Inc. Company Information
10.6.2 Rockwell Automation Inc. Introduction and Business Overview
10.6.3 Rockwell Automation Inc. Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Rockwell Automation Inc. Surge Protection Devices (SPD) Products Offered
10.6.5 Rockwell Automation Inc. Recent Development
10.7 Emerson
10.7.1 Emerson Company Information
10.7.2 Emerson Introduction and Business Overview
10.7.3 Emerson Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Emerson Surge Protection Devices (SPD) Products Offered
10.7.5 Emerson Recent Development
10.8 Bourns
10.8.1 Bourns Company Information
10.8.2 Bourns Introduction and Business Overview
10.8.3 Bourns Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bourns Surge Protection Devices (SPD) Products Offered
10.8.5 Bourns Recent Development
10.9 Leviton
10.9.1 Leviton Company Information
10.9.2 Leviton Introduction and Business Overview
10.9.3 Leviton Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Leviton Surge Protection Devices (SPD) Products Offered
10.9.5 Leviton Recent Development
10.10 Vertiv
10.10.1 Vertiv Company Information
10.10.2 Vertiv Introduction and Business Overview
10.10.3 Vertiv Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Vertiv Surge Protection Devices (SPD) Products Offered
10.10.5 Vertiv Recent Development
10.11 Alltec
10.11.1 Alltec Company Information
10.11.2 Alltec Introduction and Business Overview
10.11.3 Alltec Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Alltec Surge Protection Devices (SPD) Products Offered
10.11.5 Alltec Recent Development
10.12 Raycap
10.12.1 Raycap Company Information
10.12.2 Raycap Introduction and Business Overview
10.12.3 Raycap Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Raycap Surge Protection Devices (SPD) Products Offered
10.12.5 Raycap Recent Development
10.13 Hager
10.13.1 Hager Company Information
10.13.2 Hager Introduction and Business Overview
10.13.3 Hager Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Hager Surge Protection Devices (SPD) Products Offered
10.13.5 Hager Recent Development
10.14 Indelec
10.14.1 Indelec Company Information
10.14.2 Indelec Introduction and Business Overview
10.14.3 Indelec Surge Protection Devices (SPD) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Indelec Surge Protection Devices (SPD) Products Offered
10.14.5 Indelec Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Surge Protection Devices (SPD) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Surge Protection Devices (SPD) Industrial Chain Analysis
11.4 Surge Protection Devices (SPD) Market Dynamics
11.4.1 Surge Protection Devices (SPD) Industry Trends
11.4.2 Surge Protection Devices (SPD) Market Drivers
11.4.3 Surge Protection Devices (SPD) Market Challenges
11.4.4 Surge Protection Devices (SPD) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Surge Protection Devices (SPD) Distributors
12.3 Surge Protection Devices (SPD) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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