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Surge Protection Devices (SPD) Market Analysis By Product Type (Type 1, Type 2, Type 3, Type 4), By Power Rating (0-50 kA, 50.1-100 kA, 100.1-200 kA, 200.1 kA & Above), By Application, By Region, And Segment Forecasts, 2014 - 2025

Surge Protection Devices (SPD) Market Analysis By Product Type (Type 1, Type 2, Type 3, Type 4), By Power Rating (0-50 kA, 50.1-100 kA, 100.1-200 kA, 200.1 kA & Above), By Application, By Region, And Segment Forecasts, 2014 - 2025

The global surge protection devices (SPDs) market is expected to reach USD 3.39 billion by 2025, according to a new study by Grand View Research, Inc. The high costs incurred due to electrical equipment downtime are expected to surge the demand for these devices over the forecast period.

The need for protection against lightning and voltage fluctuations has triggered the implementation of SPDs. These devices are available in various types, which are used in an electrical distribution system depending on location requirements. Surge protection devices also ensure proper functioning of electrical equipment during surges caused lightning strikes. Thus, implementation of SPDs is of prime importance for any business or residential and commercial buildings.

The Asia Pacific region is one of the key regions for outsourcing services, owing to favorable government policies. This has led to a significant growth in the number of data centers across the region. As these data centers store information of high importance to the user, any failure in their functioning, due to downtime caused by an electrical surge, would lead to heavy losses. Moreover, increasing renewable energy generation projects across rural regions are further expected to bolster the use of SPDs.

The rise in disposable income has enabled the adoption of expensive consumer electronic. As these electronic products are subject to regular internal surges, it is essential to safeguard them. Furthermore, in developed regions, the well-established information technology industry is encouraging the use of surge protection devices on a large-scale for protecting electronic hardware such as data servers, desktops, and electrical supply equipment.

Further key findings from the study suggest:

  • The type 2 SPD segment was valued at USD 610.1 million in 2016
  • The growing number of hospitals in developing economies, such as India and China, along with widespread healthcare network in developed countries, is anticipated to foster market growth
  • Increased electrification of rail networks, coupled with the growing popularity of electric vehicles and their required infrastructure, is predicted to boost the growth prospects of SPDs in the near future
  • The North American region is expected to significantly contribute to the industry growth and represented the largest market size with USD 778.3 million in 2016, owing to the widespread awareness of the benefits of SPDs
  • The key industry participants include ABB Ltd, Advanced Protection Technologies, Inc., G Power and Industrial Solutions Limited, Eaton Corporation PLC, Emerson Electrical Co., General Electric, Legrand S.A., Schneider Electric, Siemens AG, and Tripp Lite


Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Surge protection devices market - Industry Snapshot & Key Buying Criteria, 2015 - 2025
2.2 Surge Protection Devices Market, 2014 - 2025
Chapter 3 Surge Protection Devices Market Industry Outlook
3.1 Market Segmentation
3.2 Surge Protection Devices - Value Chain Analysis
3.3 Surge Protection Devices Market Dynamics
3.3.1 Market driver analysis
3.3.1.1 Increasing use of electronics in residential and commercial sectors
3.3.1.2 High cost associated with electrical equipment downtime
3.3.2 Market restraint analysis
3.3.2.1 Low awareness of SPDs
3.4 Surge Protection Device Market Ranking Analysis,2016
3.5 Penetration and Growth Prospect Mapping
3.6 Surge Protection Devices - Porter’s Five Forces Analysis
3.7 Surge Protection Devices - PEST Analysis
3.8 Surge Protection Devices - Component Outlook
Chapter 4 Surge Protection Devices: Product Type Outlook
4.1 Surge protection devices market share by product type, 2015 & 2025
4.2 Type 1
4.2.1 Type 1 surge protection devices market, 2014 - 2025
4.3 Type 2
4.3.1 Type 2 surge protection devices market, 2014 - 2025
4.4 Type 3
4.4.1 Type 3 surge protection devices market, 2014 - 2025
4.5 Type 4
4.5.1 Type 4 surge protection devices market, 2014 - 2025
Chapter 5 Surge Protection Devices: Power rating Outlook
5.1 Surge protection devices market share by power rating, 2016 & 2025
5.2 0-50 kA
5.2.1 0-50 kA Surge protection devices market, 2014 - 2025
5.3 50.1-100 kA
5.3.1 50.1-100 kA Surge protection devices market, 2014 - 2025
5.4 100.1-200 kA
5.4.1 100.1-200 kA Surge protection devices market, 2014 - 2025
5.5 200.1 kA and above
5.5.1 200.1 kA and above Surge protection devices market, 2014 - 2025
Chapter 6 Surge Protection Devices: Application Outlook
6.1 Surge Protection Devices Market Share by Application, 2016 & 2025
6.2 Commercial
6.2.1 Surge protection devices market in commercial application, 2014 - 2025
6.3 Data Center
6.3.1 Surge protection devices market in data center application, 2014 - 2025
6.4 Industrial
6.4.1 Surge protection devices market for industrial application, 2014 - 2025
6.5 Medical
6.5.1 Surge protection devices market for medical application, 2014 - 2025
6.6 Residential
6.6.1 Surge protection devices market for residential application, 2014 - 2025
6.7 Telecom
6.7.1 Surge protection devices market for telecom application, 2014 - 2025
6.8 Transportation
6.8.1 Surge protection devices market for transportation application, 2014 - 2025
6.9 Other End-Uses
6.9.1 Surge protection devices market for other end-uses application, 2014 - 2025
Chapter 7 Surge Protection Devices: Regional Outlook
7.1 Surge Protection Devices Market Share by Region, 2016 & 2025
7.2 North America
7.2.1 North America surge protection devices market, 2014 - 2025
7.2.2 North America surge protection devices market, by product type, 2014 - 2025
7.2.3 North America surge protection devices market, by power rating, 2014 - 2025
7.2.4 North America surge protection devices market, by application, 2014 - 2025
7.2.5 U.S.
7.2.5.1 U.S. surge protection devices market, 2014 - 2025
7.2.5.2 U.S. surge protection devices market, by product type, 2014 - 2025
7.2.5.3 U.S. surge protection devices market, by power rating, 2014 - 2025
7.2.5.4 U.S. surge protection devices market, by application, 2014 - 2025
7.2.6 Canada
7.2.6.1 Canada surge protection devices market, 2014 - 2025
7.2.6.2 Canada surge protection devices market, by product type, 2014 - 2025
7.2.6.3 Canada surge protection devices market, by power rating, 2014 - 2025
7.2.6.4 Canada surge protection devices market, by application, 2014 - 2025
7.3 Europe
7.3.1 Europe surge protection devices market, 2014 - 2025
7.3.2 Europe surge protection devices market, by product type, 2014 - 2025
7.3.3 Europe surge protection devices market, by power rating, 2014 - 2025
7.3.4 Europe surge protection devices market, by application, 2014 - 2025
7.3.5 UK
7.3.5.1 UK surge protection devices market, 2014 - 2025
7.3.5.2 UK surge protection devices market, by product type, 2014 - 2025
7.3.5.3 UK surge protection devices market, by power rating, 2014 - 2025
7.3.5.4 UK surge protection devices market, by application, 2014 - 2025
7.3.6 Germany
7.3.6.1 Germany surge protection devices market, 2014 - 2025
7.3.6.2 Germany surge protection devices market, by product type, 2014 - 2025
7.3.6.3 Germany surge protection devices market, by power rating, 2014 - 2025
7.3.6.4 Germany surge protection devices market, by application, 2014 - 2025
7.4 Asia Pacific
7.4.1 Asia Pacific surge protection devices market, 2014 — 2025
7.4.2 Asia Pacific surge protection devices market, by product type, 2014 - 2025
7.4.3 Asia Pacific surge protection devices market, by power rating, 2014 - 2025
7.4.4 Asia Pacific surge protection devices market, by application, 2014 - 2025
7.4.5 China
7.4.5.1 China surge protection devices market, 2014 - 2025
7.4.5.2 China surge protection devices market, by product type, 2014 - 2025
7.4.5.3 China surge protection devices market, by power rating, 2014 - 2025
7.4.5.4 China surge protection devices market, by application, 2014 - 2025
7.4.6 India
7.4.6.1 India surge protection devices market, 2014 - 2025
7.4.6.2 India surge protection devices market, by product type, 2014 - 2025
7.4.6.3 India surge protection devices market, by power rating, 2014 - 2025
7.4.6.4 India surge protection devices market, by application, 2014 - 2025
7.4.7 Japan
7.4.7.1 Japan surge protection devices market, 2014 - 2025
7.4.7.2 Japan surge protection devices market, by product type, 2014 - 2025
7.4.7.3 Japan surge protection devices market, by power rating, 2014 - 2025
7.4.7.4 Japan surge protection devices market, by application, 2014 - 2025
7.5 South America
7.5.1 South America surge protection devices market, 2014 - 2025
7.5.2 South America surge protection devices market, by product type, 2014 - 2025
7.5.3 South America surge protection devices market, by power rating, 2014 - 2025
7.5.4 South America surge protection devices market, by application, 2014 - 2025
7.5.5 Brazil
7.5.5.1 Brazil surge protection devices market, 2014 - 2025
7.5.5.2 Brazil surge protection devices market, by product type, 2014 - 2025
7.5.5.3 Brazil surge protection devices market, by power rating, 2014 - 2025
7.5.5.4 Brazil surge protection devices market, by application, 2014 - 2025
7.6 MEA
7.6.1 MEA surge protection devices market, 2014 - 2025
7.6.2 MEA surge protection devices market, by product type, 2014 - 2025
7.6.3 MEA surge protection devices market, by power rating, 2014 - 2025
7.6.4 MEA surge protection devices market, by application, 2014 - 2025
Chapter 8 Competitive Landscape
8.1 ABB Ltd.
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Strategic Initiatives
8.2 General Electric Company
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Strategic Initiatives
8.3 Schneider Electric
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product benchmarking
8.4 Eaton Corporation pLc
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.4.4 Strategic Initiatives
8.5 Legrand S.A.
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Strategic Initiatives
8.6 Emerson Electric Co.
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.6.4 Strategic Initiatives
8.7 Siemens AG
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Strategic Initiatives
8.8 CG Power and Industrial Solutions Limited
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.9 Tripp Lite
8.9.1 Company overview
8.9.2 Product benchmarking
8.9.3 Strategic Initiatives
8.10 Advanced Protection Technologies, Inc.
8.10.1 Company overview
8.10.2 Product benchmarking
List of Tables
TABLE 1 Surge protection devices market - Industry snapshot & key buying criteria, 2015 - 2025
TABLE 2 Surge protection devices market, 2014 - 2025 (USD Million)
TABLE 3 Surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 4 Surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 5 Surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 6 Surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 7 Surge protection device - Key market driver impact
TABLE 8 Surge protection devices - Key market restraint impact
TABLE 9 Type 1 surge protection devices market, 2014 - 2025 (USD Million)
TABLE 10 Type 1 surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 11 Type 2 surge protection devices market, 2014 - 2025 (USD Million)
TABLE 12 Type 2 surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 13 Type 3 surge protection devices market, 2014 - 2025 (USD Million)
TABLE 14 Type 3 surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 15 Type 4 surge protection devices market, 2014 - 2025 (USD Million)
TABLE 16 Type 4 surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 17 0-50 kA Surge protection devices market, 2014 - 2025 (USD Million)
TABLE 18 0-50 kA Surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 19 50.1-100 kA Surge protection devices market, 2014 - 2025 (USD Million)
TABLE 20 50.1-100 kA Surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 21 100.1-200 kA Surge protection devices market, 2014 - 2025 (USD Million)
TABLE 22 100.1-200 kA Surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 23 200.1 kA and above Surge protection devices market, 2014 - 2025 (USD Million)
TABLE 24 200.1 kA and above Surge protection devices market, by region, 2014 - 2025 (USD Million)
TABLE 25 Surge protection devices market in commercial application, 2014 - 2025 (USD Million)
TABLE 26 Surge protection devices market in commercial application, by region, 2014 - 2025 (USD Million)
TABLE 27 Surge protection devices market in data center application, 2014 - 2025 (USD Million)
TABLE 28 Surge protection devices market in data center application, by region, 2014 - 2025 (USD Million)
TABLE 29 Surge protection devices market for industrial application, 2014 - 2025 (USD Million)
TABLE 30 Surge protection devices market for industrial application, by region, 2014 - 2025 (USD Million)
TABLE 31 Surge protection devices market for medical application, 2014 - 2025 (USD Million)
TABLE 32 Surge protection devices market for medical application, by region, 2014 - 2025 (USD Million)
TABLE 33 Surge protection devices market for residential application, 2014 - 2025 (USD Million)
TABLE 34 Surge protection devices market for residential application, by region, 2014 - 2025 (USD Million)
TABLE 35 Surge protection devices market for telecom application, 2014 - 2025 (USD Million)
TABLE 36 Surge protection devices market for telecom application, by region, 2014 - 2025 (USD Million)
TABLE 37 Surge protection devices market for transportation application, 2014 - 2025 (USD Million)
TABLE 38 Surge protection devices market for transportation application, by region, 2014 - 2025 (USD Million)
TABLE 39 Surge protection devices market for other end-use application, 2014 - 2025 (USD Million)
TABLE 40 Surge protection devices market for other end-use application, by region, 2014 - 2025 (USD Million)
TABLE 41 North America surge protection devices market, 2014 - 2025 (USD Million)
TABLE 42 North America surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 43 North America surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 44 North America surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 45 U.S. surge protection devices market, 2014 - 2025 (USD Million)
TABLE 46 U.S. surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 47 U.S. surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 48 U.S. surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 49 Canada surge protection devices market, 2014 - 2025 (USD Million)
TABLE 50 Canada surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 51 Canada surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 52 Canada surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 53 Europe surge protection devices market, 2014 - 2025 (USD Million)
TABLE 54 Europe surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 55 Europe surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 56 Europe surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 57 UK surge protection devices market, 2014 - 2025 (USD Million)
TABLE 58 UK surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 59 UK surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 60 UK surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 61 Germany surge protection devices market, 2014 - 2025 (USD Million)
TABLE 62 Germany surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 63 Germany surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 64 Germany surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 65 Asia Pacific surge protection devices market, 2014 - 2025 (USD Million)
TABLE 66 Asia Pacific surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 67 Asia Pacific surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 68 Asia Pacific surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 69 China surge protection devices market, 2014 - 2025 (USD Million)
TABLE 70 China surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 71 China surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 72 China surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 73 India surge protection devices market, 2014 - 2025 (USD Million)
TABLE 74 India surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 75 India surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 76 India surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 77 Japan surge protection devices market, 2014 - 2025 (USD Million)
TABLE 78 Japan surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 79 Japan surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 80 Japan surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 81 South America surge protection devices market, 2014 - 2025 (USD Million)
TABLE 82 South America surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 83 South America surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 84 South America surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 85 Brazil surge protection devices market, 2014 - 2025 (USD Million)
TABLE 86 Brazil surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 87 Brazil surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 88 Brazil surge protection devices market, by application, 2014 - 2025 (USD Million)
TABLE 89 MEA surge protection devices market, 2014 - 2025 (USD Million)
TABLE 90 MEA surge protection devices market, by product type, 2014 - 2025 (USD Million)
TABLE 91 MEA surge protection devices market, by power rating, 2014 - 2025 (USD Million)
TABLE 92 MEA surge protection devices market, by application, 2014 - 2025 (USD Million)
List of Figures
FIG. 1 Market segmentation and scope
FIG. 2 Surge Protection Devices - Value chain analysis
FIG. 3 Surge Protection Devices Market Dynamics
FIG. 4 Worldwide 4K UHD Sales Volume (in Millions)
FIG. 5 Market ranking analysis, 2016
FIG. 6 Key opportunities prioritized
FIG. 7 Surge Protection devices - Porter’s five forces analysis
FIG. 8 Surge protection devices - PEST analysis
FIG. 9 Surge protection devices market, by product type, 2015 & 2025
FIG. 10 Surge protection devices market, by power rating, 2016 & 2025
FIG. 11 Surge protection devices market, by application, 2016 & 2025
FIG. 12 Surge Protection devices market, by region, 2016 & 2025
FIG. 13 North America surge protection device market - Key takeaways
FIG. 14 Europe surge protection device market - Key takeaways
FIG. 15 Asia Pacific surge protection device market - Key takeaways
FIG. 16 South America surge protection device market - Key takeaways
FIG. 17 MEA surge protection device market - Key takeaways

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