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[ 英語タイトル ] 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


Product Code : MNMEP00108108
Survey : MarketsandMarkets
Publish On : February, 2021
Category : Energy and Power
Study Area : Global
Report format : PDF
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[Report Description]

“The surge protection devices market is projected to grow at a CAGR of 5.47%, from 2017 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. Although some cost bearing constraints in the installation of surge protection devices are being observed, emerging economies are expected to create better opportunities for the surge protection devices market. Poor design parameters and misleading assumptions, inappropriate testing, and safety issues are expected to be major challenges for growth in the surge protection devices market.
“The plug-in segment is expected to have the largest market share by 2022”
With regard to the type segment, the plug-in SPD segment is expected to constitute the largest market by 2022. Plug-in surge protection devices primarily consist of DIN rail type mounting as well as other form factor SPDs without extension cords. These surge protection devices are designed to be installed at the service entrances of facilities, typically on the main switchboards, or close to sensitive equipment in facilities without lightning protection systems. Plug-in SPDs are suitable for installation at the origin of the network, in intermediate panels, and by the terminal equipment, protecting from indirect lightning strikes. They may require external overcurrent protection or the same may be included within the SPD. Due to its application at various end-user points, demand for plug-in SPDs is the highest among all types of SPDs and the segment is expected to dominate the market by 2022.
“Asia-Pacific: The fastest growing market for surge protection devices”
The surge protection devices market is projected to grow faster in the Asia-Pacific region, especially in China and Japan. The Asia-Pacific region is moving towards clean energy on a large scale in order to meet its growing energy needs in an efficient way. India, China, and Singapore are some of the potential growing markets in the power and utilities sector. Also, Asia-Pacific offered the biggest potential gains for foreign direct investment, and attracted 45% of all capital investment, globally, in 2015. Increased investments in modernizing infrastructure and urbanizing populations, especially in developing economies such as China and India, is expected to drive the Asia-Pacific surge protection device market. The Chinese market was, by far, the largest in the world in terms of infrastructure development in 2015. A rise in investments in smart grid technologies and smart cities that include distribution grid automation, smart meters, and demand response systems in countries such as Japan, South Korea, and Australia would create opportunities for the surge protection devices market.
“The surge arresters market is projected to grow at a CAGR of 5.11%, from 2017 to 2022”
In this report, the surge arresters market has been segmented, on the basis of type, into station class, intermediate class, and distribution class, and on the basis of voltage into low and medium voltage, high voltage, and extra high voltage surge arresters. The market has also been segmented, on the basis of region, into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The market for surge arresters is expected to grow from an estimated USD 1.49 billion in 2017 to USD 1.91 billion by 2022, at a CAGR of 5.11%, from 2017 to 2022.


Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
By Designation: C-Level- 35%, Director Level- 25%, Others- 40%
By Region: Americas- 40%, Europe- 19%, Asia-Pacific- 17%, Middle East—15% and Africa—9%
Note: Others includes sales managers, product managers, and design engineers
The tier of the company has been defined on the basis of its total revenue, as of 2013: Tier 1 = > USD 1 billion, Tier 2 = From USD 1 billion to USD 500 million, and Tier 3 = < USD 500 million

Some of the prominent players in the surge protection devices market include ABB, Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Emerson Electric Company (U.S.), and Eaton Corporation, Plc. (Ireland).
Research Coverage:
The report defines, describes, and forecasts the global surge protection devices market by type, end-user, discharge current, and region. The report also forecasts the global surge arresters market by type, voltage, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues. It also covers various important aspects of the market.
Why buy this report?
1. The report identifies and addresses key markets for surge protection devices, which would help suppliers review the growth in the demand for the product.
2. The report helps solution providers understand the pulse of the market, and provides insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better, and will help in making strategic decisions.

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primaries 22
2.2 MARKET SIZE ESTIMATION 23
2.2.1 BOTTOM-UP APPROACH 23
2.2.2 TOP-DOWN APPROACH 24
2.3 DATA TRIANGULATION 25
2.4 RESEARCH ASSUMPTIONS 26
2.4.1 ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
3.1 INTRODUCTION 27
3.2 CURRENT SCENARIO 27
3.3 FUTURE OUTLOOK 30
3.4 CONCLUSION 31
4 PREMIUM INSIGHTS 32
4.1 SURGE PROTECTION DEVICES: REGIONAL GROWTH RATE (2017–2022) 33
4.2 SURGE PROTECTION DEVICES MARKET, BY END-USER 34
4.3 EUROPE SURGE PROTECTION DEVICES MARKET 34

5 MARKET OVERVIEW 35
5.1 INTRODUCTION 36
5.2 MARKET DYNAMICS 36
5.2.1 DRIVERS 37
5.2.1.1 Growing demand for protection systems for electronic devices 37
5.2.1.2 Ongoing power quality issues 37
5.2.1.3 Rise in alternative energy programs 37
5.2.1.4 Frequent equipment failures due to voltage spikes lead to cost escalations 38
5.2.2 RESTRAINTS 39
5.2.2.1 Surge protection devices only provide protection from voltage spikes and surges 39
5.2.2.2 Additional cost for installation 39
5.2.3 OPPORTUNITIES 40
5.2.3.1 Protection system for high technological equipment adopted in emerging economies 40
5.2.4 CHALLENGES 40
5.2.4.1 Poor design parameters and misleading assumptions 40
5.2.4.2 Inappropriate testing 41
5.2.4.3 Fire and safety issues 41
6 SURGE PROTECTION DEVICES MARKET, BY TYPE 42
6.1 INTRODUCTION 43
6.2 HARD WIRED SURGE PROTECTION DEVICES 44
6.3 PLUG IN SURGE PROTECTION DEVICES 45
6.4 LINE CORD SURGE PROTECTORS 46
7 SURGE PROTECTION DEVICES MARKET, BY DISCHARGE CURRENT 47
7.1 INTRODUCTION 48
7.2 ABOVE 25 KA SURGE PROTECTION DEVICES 49
7.3 10KA–25 KA SURGE PROTECTION DEVICES 51
7.4 BELOW 10 KA SURGE PROTECTION DEVICES 52
8 SURGE PROTECTION DEVICES MARKET, BY END-USER 54
8.1 INTRODUCTION 55
8.2 INDUSTRIAL SURGE PROTECTION DEVICES 56
8.3 COMMERCIAL SURGE PROTECTION DEVICES 57
8.4 RESIDENTIAL SURGE PROTECTION DEVICES 58

9 GLOBAL SURGE PROTECTION DEVICES MARKET, BY REGION 59
9.1 INTRODUCTION 60
9.2 NORTH AMERICA 62
9.2.1 BY TYPE 62
9.2.2 BY END-USER 62
9.2.3 BY COUNTRY 63
9.2.3.1 The U.S. 63
9.2.3.2 Canada 64
9.2.3.3 Mexico 64
9.3 EUROPE 65
9.3.1 BY TYPE 67
9.3.2 BY END-USER 67
9.3.3 BY COUNTRY 68
9.3.3.1 The U.K. 68
9.3.3.2 Germany 69
9.3.3.3 France 70
9.3.3.4 Russia 71
9.3.3.5 Italy 71
9.3.3.6 The Netherlands 72
9.3.3.7 The Rest of Europe 73
9.4 ASIA-PACIFIC 73
9.4.1 BY TYPE 75
9.4.2 BY END-USER 75
9.4.3 BY COUNTRY 76
9.4.3.1 China 76
9.4.3.2 Australia 77
9.4.3.3 India 77
9.4.3.4 Japan 78
9.4.3.5 The Rest of Asia-Pacific 79
9.5 SOUTH AMERICA 79
9.5.1 BY TYPE 79
9.5.2 BY END-USER 80
9.5.3 BY COUNTRY 80
9.5.3.1 Brazil 81
9.5.3.2 Argentina 82
9.5.3.3 Chile 82
9.5.3.4 Colombia 83
9.5.3.5 The Rest of South America 83
9.6 MIDDLE EAST & AFRICA 84
9.6.1 BY TYPE 84
9.6.2 BY END-USER 85
9.6.3 BY COUNTRY 85
9.6.3.1 Saudi Arabia 86
9.6.3.2 U.A.E. 86
9.6.3.3 Kuwait 87
9.6.3.4 Egypt 87
9.6.3.5 South Africa 88
9.6.3.6 The Rest of Middle East & Africa 89
10 SURGE ARRESTERS MARKET 90
10.1 INTRODUCTION 91
10.2 BY TYPE 91
10.3 BY VOLTAGE 92
10.4 BY REGION 94
11 COMPETITIVE LANDSCAPE 97
11.1 OVERVIEW 98
11.2 MARKET RANKING 99
11.3 COMPETITIVE SITUATION & TRENDS 99
11.4 SURGE PROTECTION DEVICES MARKET: MNM DIVE–VENDOR COMPARISON 101
12 COMPANY PROFILES 104
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 INTRODUCTION 104
12.2 ABB, LTD. 104
12.3 EATON CORPORATION, PLC. 106
12.4 EMERSEN ELECTRIC CO. 108
12.5 SIEMENS AG 110
12.6 SCHNEIDER ELECTRIC SE 111
12.7 GENERAL ELECTRIC COMPANY 112
12.8 LITTELFUSE, INC. 114
12.9 ADVANCED PROTECTION TECHNOLOGIES, INC. 116
12.10 BELKIN INTERNATIONAL 118
12.11 LEVITON MANUFACTURING COMPANY, INC. 119
12.12 TRIPP LITE 121
12.13 PANAMAX 123
12.14 REV RITTER GMBH 124
12.15 RAYCAP CORPORATION S.A. 125
12.16 PHOENIX CONTACT GMBH 126
12.17 HUBBELL INCORPORATED 128
12.18 LEGRAND SA 129
12.19 MERSEN ELECTRICAL POWER 130
12.20 CITEL, INC. 131
12.21 MVC-MAXIVOLT 132
12.22 KONINKLIJKE PHILIPS N.V. 133
12.23 PENTAIR ELECTRICAL & FASTENING SOLUTIONS 134
12.24 MCG SURGE PROTECTION 135
12.25 JMV 136
12.26 ISG GLOBAL 137
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies
13 APPENDIX 138
13.1 INSIGHTS OF INDUSTRY EXPERTS 138
13.2 DISCUSSION GUIDE 139
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 142
13.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 144
13.5 AVAILABLE CUSTOMIZATIONS 144
13.6 RELATED REPORTS 145
13.7 AUTHOR DETAILS 146

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