Surge Protection Devices Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024

Published: Nov 2020

Pages: 120

SKU: IRTNTR45760

Snapshot

The surge protection devices market size has the potential to grow by USD 694.30 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (hardwired, line cord, wall plug, and power control center), end-user (industrial, commercial, and others), and geography (North America, Europe, APAC, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including ABB Ltd., Belkin International Inc., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Hubbell Inc., Koninklijke Philips NV, Leviton Manufacturing Co. Inc., Siemens AG, and Schneider Electric SE.

Market Overview

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Market Competitive Analysis

The market is fragmented. ABB Ltd., Belkin International Inc., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Hubbell Inc., Koninklijke Philips NV, Leviton Manufacturing Co. Inc., Siemens AG, and Schneider Electric SE are some of the major market participants. Factors such as the increasing use of electronics in the residential sector will offer immense growth opportunities. However, uncertainties in global economic growth may impede the market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this surge protection devices market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this surge protection devices market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

Surge Protection Devices Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The growing healthcare industry will significantly influence surge protection devices market's growth in this region.

62% of the market's growth will originate from North America during the forecast period. The US is one of the key markets for surge protection devices in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the surge protection devices market size.

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Americas Surge Protection Devices market - The market share is expected to grow at a CAGR of 5.95 percent over the period 2014-2019.

Surge Protection Devices Market: Key Highlights of the Report for 2020-2024

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will surge protection devices market growth during the next five years
Precise estimation of the surge protection devices market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the surge protection devices industry across North America, Europe, APAC, South America, and MEA
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of surge protection devices market vendors

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Table of Contents

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Market Segmentation by Product

Market segments
Comparison by Product
Hardwired - Market size and forecast 2019-2024
Line cord - Market size and forecast 2019-2024
Wall plug - Market size and forecast 2019-2024
Power control center - Market size and forecast 2019-2024
Market opportunity by Product

Market Segmentation by End user

Market segments
Comparison by End user
Industrial - Market size and forecast 2019-2024
Commercial - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End user

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume drivers – Demand led growth
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landscape
Landscape disruption

Vendor Analysis

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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