DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gks95g/surge_protection) has announced the addition of the "Surge Protection Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" report to their offering.
Global surge protection devices market was valued at USD 2020.4 million in 2014, growing at a CAGR of 5.6% from 2014 to 2020
The global surge protection devices market is expected to witness a substantial growth during the forecast period. This is due to its increasing demand across various application sectors such as industrial, residential and commercial sectors. Increasing incidences of transient voltage and lightning accidents globally is increasing the usage of surge protection devices. If the surge or spike is high, it can cause heavy damage to electrical equipment.
The increase in the usage of electrical equipment such as personal computers, printers and industrial control equipment such as PLC's, microwaves, washing machines and alarms are amplifying the demand for surge protection devices globally.
Among all the application segments, industrial sector holds the largest market share at present in surge protection devices market, whereas; commercial segment is expected to be the fastest growing application segment due to the increase in telephone and internet users in the emerging nations.
This market research study analyzes the surge protection devices market on a global level, and provides estimates in terms of revenue (USD million) from 2014 to 2020. The report recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.
Scope of the Report
- Plug-in devices
- Hard wired devices
- Line cord devices
- Power control center
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Surge Protection Devices Market Analysis, by Type
Chapter 5 Global Surge Protection Devices Market Analysis, by Application
Chapter 6 Global Surge Protection Devices Market Analysis, by Geography
Chapter 7 Company Profiles
- Crompton Greaves Ltd.
- ERICO International Corporation
- Eaton Corp. PLC.
- Emerson Electric Co.
- GE Industrial Solutions
- Legrand S.A.
- Leviton Manufacturing Co. Inc.
- Phoenix Contact GmbH.
- Raycap Corporation S.A.
- Schneider Electric S.E.
For more information visit http://www.researchandmarkets.com/research/gks95g/surge_protection