Market Overview:
The global secondary surge arrestors (SSA) market is expected to grow from USD 1.02 billion in 2018 to USD 1.48 billion by 2030, at a CAGR of 5.1% from 2018 to 2030. The growth of the SSA market can be attributed to the increasing demand for SSAs in communication, construction, electric power, transportation, oil and gas, and other applications across the globe. However, the high installation and maintenance cost of SSAs may restrain the growth of this market during the forecast period. Based on type, the SSA market is segmented into power type SSAs, signal type SSAs,, and others types of SSAs.
 Industry Outlook.svg)
Product Definition:
A Secondary Surge Arrestor is a device used to protect electrical equipment from voltage transients. SSA's are typically installed between the ungrounded conductor and the grounding electrode system. They provide a low impedance path to ground for transient currents, which helps protect downstream equipment from damage.
Power Type:
Power type is the classification of secondary surge arrester which is based on its ability to withstand short circuit current and overvoltage. It has three main categories such as power type A, B and C. Power Type A includes devices that can handle up to 1,000 amperes while power types B & C can handle up to 500 amperes respectively.
Signal Type:
Secondary surge arrestors are devices used to limit the current flow in an electrical circuit. They are mainly employed in distribution and transmission systems, which include transformers, switchgear, substation equipment, and other protective devices. The primary function of these secondary surge arrestors is to protect the connected equipment from damage due to high-voltage short circuits or overcurrent situations that may be present in a particular section of a network.
Application Insights:
The communication application segment led the global market and accounted for more than 40% of the overall revenue share in 2017. The surge arrestors are used in power, telecommunication and gas transmission sectors. They are also installed at various locations such as data centers, IT offices, localities etc. to protect electrical equipment from damage due to lightning strikes or power outages caused by heavy rains or snowstorms.
Construction is one of the major applications that drive the demand for SSA owing to its ability to protect electrical & electronic equipment from overloading during a power failure as well as voltage fluctuations that may cause damage over time. These devices help overcome losses caused due to human errors during construction activities such as mix-ups of plans, design changes etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for communication systems and rising construction activities in developing countries such as India, China, Japan, and Australia. Moreover, growing electric power industry in these regions will drive the product demand further.
The Europe market was valued at USD X million in 2017 owing to high usage of power distribution equipment across various industries including manufacturing facilities of automotive companies and data centers of IT companies located there. In addition, presence of key manufacturers with production facilities in Germany is anticipated to augment product sales over the next eight years.
North America accounted for a significant share due to early adoption by several major U.S.-based electrical contractors such as Johnson Controls; Emerson Electric Co.; General Electric; Alstom Grid; Schneider Electric; Siemens AG & Co.; Belden Inc.; Cummins Inc.
Growth Factors:
- Increasing demand for secondary surge arrestors in data centers to protect electronic equipment from voltage surges
- Growing popularity of uninterruptible power supplies (UPS) to provide backup power in the event of a power outage
- Rising number of lightning strikes across the globe
- Proliferation of smart grids and microgrids, which are more susceptible to voltage surges than traditional grids
- Increased spending on electrical infrastructure by governments and utilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Secondary Surge Arrestors (SSA) Market Research Report
By Type
Power Type, Signal Type, Others
By Application
Communication, Construction, Electric Power, Transportation, Oil and Gas, Others
By Companies
Phoenix, ABB, Emerson, Siemens, Eaton, Schneider, ZG, Citel, General Electric, Mersen Electrical, Phoenix, nVent, Philips, LEIAN, MVC-Maxivolt, Leviton, Raycap, HPXIN, Legrand, MIG, MCG Surge Protection, Hubbell, Tripp Lite, KEANDA, JMV
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Secondary Surge Arrestors (SSA) Market Report Segments:
The global Secondary Surge Arrestors (SSA) market is segmented on the basis of:
Types
Power Type, Signal Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Communication, Construction, Electric Power, Transportation, Oil and Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Phoenix
- ABB
- Emerson
- Siemens
- Eaton
- Schneider
- ZG
- Citel
- General Electric
- Mersen Electrical
- Phoenix
- nVent
- Philips
- LEIAN
- MVC-Maxivolt
- Leviton
- Raycap
- HPXIN
- Legrand
- MIG
- MCG Surge Protection
- Hubbell
- Tripp Lite
- KEANDA
- JMV
 Market Overview.svg)
Highlights of The Secondary Surge Arrestors (SSA) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Power Type
- Signal Type
- Others
- By Application:
- Communication
- Construction
- Electric Power
- Transportation
- Oil and Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Secondary Surge Arrestors (SSA) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Secondary surge arrestors are devices that are installed on power lines to prevent surges from damaging electrical equipment.
Some of the major companies in the secondary surge arrestors (ssa) market are Phoenix, ABB, Emerson, Siemens, Eaton, Schneider, ZG, Citel, General Electric, Mersen Electrical, Phoenix, nVent, Philips, LEIAN, MVC-Maxivolt, Leviton, Raycap, HPXIN, Legrand, MIG, MCG Surge Protection, Hubbell, Tripp Lite, KEANDA, JMV.
The secondary surge arrestors (ssa) market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Secondary Surge Arrestors (SSA) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Secondary Surge Arrestors (SSA) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Secondary Surge Arrestors (SSA) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Secondary Surge Arrestors (SSA) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Secondary Surge Arrestors (SSA) Market Size & Forecast, 2018-2028
4.5.1 Secondary Surge Arrestors (SSA) Market Size and Y-o-Y Growth
4.5.2 Secondary Surge Arrestors (SSA) Market Absolute $ Opportunity
Chapter 5 Global Secondary Surge Arrestors (SSA) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Secondary Surge Arrestors (SSA) Market Size Forecast by Type
5.2.1 Power Type
5.2.2 Signal Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Secondary Surge Arrestors (SSA) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Secondary Surge Arrestors (SSA) Market Size Forecast by Applications
6.2.1 Communication
6.2.2 Construction
6.2.3 Electric Power
6.2.4 Transportation
6.2.5 Oil and Gas
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Secondary Surge Arrestors (SSA) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Secondary Surge Arrestors (SSA) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Secondary Surge Arrestors (SSA) Analysis and Forecast
9.1 Introduction
9.2 North America Secondary Surge Arrestors (SSA) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Secondary Surge Arrestors (SSA) Market Size Forecast by Type
9.6.1 Power Type
9.6.2 Signal Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Secondary Surge Arrestors (SSA) Market Size Forecast by Applications
9.10.1 Communication
9.10.2 Construction
9.10.3 Electric Power
9.10.4 Transportation
9.10.5 Oil and Gas
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Secondary Surge Arrestors (SSA) Analysis and Forecast
10.1 Introduction
10.2 Europe Secondary Surge Arrestors (SSA) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Secondary Surge Arrestors (SSA) Market Size Forecast by Type
10.6.1 Power Type
10.6.2 Signal Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Secondary Surge Arrestors (SSA) Market Size Forecast by Applications
10.10.1 Communication
10.10.2 Construction
10.10.3 Electric Power
10.10.4 Transportation
10.10.5 Oil and Gas
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Secondary Surge Arrestors (SSA) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Secondary Surge Arrestors (SSA) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Secondary Surge Arrestors (SSA) Market Size Forecast by Type
11.6.1 Power Type
11.6.2 Signal Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Secondary Surge Arrestors (SSA) Market Size Forecast by Applications
11.10.1 Communication
11.10.2 Construction
11.10.3 Electric Power
11.10.4 Transportation
11.10.5 Oil and Gas
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Secondary Surge Arrestors (SSA) Analysis and Forecast
12.1 Introduction
12.2 Latin America Secondary Surge Arrestors (SSA) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Secondary Surge Arrestors (SSA) Market Size Forecast by Type
12.6.1 Power Type
12.6.2 Signal Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Secondary Surge Arrestors (SSA) Market Size Forecast by Applications
12.10.1 Communication
12.10.2 Construction
12.10.3 Electric Power
12.10.4 Transportation
12.10.5 Oil and Gas
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Secondary Surge Arrestors (SSA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Secondary Surge Arrestors (SSA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Secondary Surge Arrestors (SSA) Market Size Forecast by Type
13.6.1 Power Type
13.6.2 Signal Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Secondary Surge Arrestors (SSA) Market Size Forecast by Applications
13.10.1 Communication
13.10.2 Construction
13.10.3 Electric Power
13.10.4 Transportation
13.10.5 Oil and Gas
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Secondary Surge Arrestors (SSA) Market: Competitive Dashboard
14.2 Global Secondary Surge Arrestors (SSA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Phoenix
14.3.2 ABB
14.3.3 Emerson
14.3.4 Siemens
14.3.5 Eaton
14.3.6 Schneider
14.3.7 ZG
14.3.8 Citel
14.3.9 General Electric
14.3.10 Mersen Electrical
14.3.11 Phoenix
14.3.12 nVent
14.3.13 Philips
14.3.14 LEIAN
14.3.15 MVC-Maxivolt
14.3.16 Leviton
14.3.17 Raycap
14.3.18 HPXIN
14.3.19 Legrand
14.3.20 MIG
14.3.21 MCG Surge Protection
14.3.22 Hubbell
14.3.23 Tripp Lite
14.3.24 KEANDA
14.3.25 JMV
