The global surge protection devices market is projected to grow at a CAGR of 5.47%, from 2017 to 2022. Europe is estimated to be the largest market, followed by North America. The market in Asia-Pacific is projected to surpass the North American market by 2022 to become the second-largest market for surge protection devices after Europe. The growth of the ... Read more
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 growing demand for surge protection systems for electronic devices, power quality issues, a rise in alternative energy programs, and cost ... Read more
The growing demand for surge protection systems for electronic devices, power quality issues, a rise in alternative energy programs, and cost escalation due to frequent equipment failures are the major factors driving the surge protection devices market.
“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 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 ... Read more
