Global Solar Photovoltaic SPD Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Solar Photovoltaic SPD market size was valued at US$ 3131 million in 2024 and is forecast to a readjusted size of USD 4042 million by 2031 with a CAGR of 3.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Solar photovoltaic SPD is a protective device designed for solar power generation systems to prevent lightning strikes and power surges from damaging the system. It protects inverters, controllers, batteries and other key components by quickly responding and absorbing or shunting overvoltage. With a millisecond response time, it can detect and handle overvoltage in a very short time, effectively preventing equipment damage. With a multi-level protection design, it provides comprehensive protection from power input to output, ensuring that every part of the system is fully protected. SPD ensures the long-term stable operation of the system and reduces the risk of failure caused by lightning strikes and power surges.
This report is a detailed and comprehensive analysis for global Solar Photovoltaic SPD market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Solar Photovoltaic SPD market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Photovoltaic SPD market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Photovoltaic SPD market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Photovoltaic SPD market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Solar Photovoltaic SPD
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Solar Photovoltaic SPD market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Eaton, Littelfuse, Bourns, Schneider Electric, Mersen, Phoenix Contact, OBO Bettermann, LSP, Havells, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Solar Photovoltaic SPD market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
AC Side SPD
DC Side SPD
Market segment by Application
Residential
Commercial
Industrial
Major players covered
ABB
Eaton
Littelfuse
Bourns
Schneider Electric
Mersen
Phoenix Contact
OBO Bettermann
LSP
Havells
nVent ERICO
HAKEL
Novaris
Citel
Zhejiang Benyi New Energy
Zhejiang Geya Electrical
Hangzhou Yizao Technology
Suntree
Guangxi Dikai Technology
Shenzhen Omrdon
Zhejiang Thor Electricity
Yueqing Jiemai Electric
Guangdong ZVSPD
Chengdu Pedaro Technology
Hangzhou e-lord
Zhuhai Leadtop Electronic
Beijing TOWE
Guangdong Ansun
Mindian Electric(MOREDAY)
Shanghai Angtle Electric
Changsha Leilixing Electronic
Guangdong Zhongpeng Lightning Protection Technology
Shenzhen Rex Lightning Protection Technology
Zhejiang Mingguan Electric
Anhui Jinli Electric Tech.
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Solar Photovoltaic SPD product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Solar Photovoltaic SPD, with price, sales quantity, revenue, and global market share of Solar Photovoltaic SPD from 2020 to 2025.
Chapter 3, the Solar Photovoltaic SPD competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Solar Photovoltaic SPD breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Solar Photovoltaic SPD market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Solar Photovoltaic SPD.
Chapter 14 and 15, to describe Solar Photovoltaic SPD sales channel, distributors, customers, research findings and conclusion.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Solar photovoltaic SPD is a protective device designed for solar power generation systems to prevent lightning strikes and power surges from damaging the system. It protects inverters, controllers, batteries and other key components by quickly responding and absorbing or shunting overvoltage. With a millisecond response time, it can detect and handle overvoltage in a very short time, effectively preventing equipment damage. With a multi-level protection design, it provides comprehensive protection from power input to output, ensuring that every part of the system is fully protected. SPD ensures the long-term stable operation of the system and reduces the risk of failure caused by lightning strikes and power surges.
This report is a detailed and comprehensive analysis for global Solar Photovoltaic SPD market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Solar Photovoltaic SPD market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Photovoltaic SPD market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Photovoltaic SPD market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Photovoltaic SPD market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Solar Photovoltaic SPD
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Solar Photovoltaic SPD market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Eaton, Littelfuse, Bourns, Schneider Electric, Mersen, Phoenix Contact, OBO Bettermann, LSP, Havells, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Solar Photovoltaic SPD market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
AC Side SPD
DC Side SPD
Market segment by Application
Residential
Commercial
Industrial
Major players covered
ABB
Eaton
Littelfuse
Bourns
Schneider Electric
Mersen
Phoenix Contact
OBO Bettermann
LSP
Havells
nVent ERICO
HAKEL
Novaris
Citel
Zhejiang Benyi New Energy
Zhejiang Geya Electrical
Hangzhou Yizao Technology
Suntree
Guangxi Dikai Technology
Shenzhen Omrdon
Zhejiang Thor Electricity
Yueqing Jiemai Electric
Guangdong ZVSPD
Chengdu Pedaro Technology
Hangzhou e-lord
Zhuhai Leadtop Electronic
Beijing TOWE
Guangdong Ansun
Mindian Electric(MOREDAY)
Shanghai Angtle Electric
Changsha Leilixing Electronic
Guangdong Zhongpeng Lightning Protection Technology
Shenzhen Rex Lightning Protection Technology
Zhejiang Mingguan Electric
Anhui Jinli Electric Tech.
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Solar Photovoltaic SPD product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Solar Photovoltaic SPD, with price, sales quantity, revenue, and global market share of Solar Photovoltaic SPD from 2020 to 2025.
Chapter 3, the Solar Photovoltaic SPD competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Solar Photovoltaic SPD breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Solar Photovoltaic SPD market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Solar Photovoltaic SPD.
Chapter 14 and 15, to describe Solar Photovoltaic SPD sales channel, distributors, customers, research findings and conclusion.
Table of Contents
223 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Solar Photovoltaic SPD by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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