The global surge protection device market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The surge protection device market is driven by factors such as increasing demand for power and signal type SPDs in the construction industry, growing need for electric power and signal type SPDs in the transportation industry, and increasing demand for wind power and PV type SPDs in the renewable energy sector.
The global surge protection device market is segmented on the basis of product type into power type SPDs and signal type SPDs. Power Type SPD accounted for a major share of this market owing to its wide application across various industries such as construction, communication, electric power, transportation oil & gas sectors etc, whereas Signal Type SPD accounted for a minor share due to its limited application across various industries such as construction communication sectors etc, but it has high growth potential due to its wide application across various industries such as electric power transportation oil & gas sectors etc, which are expected to witness significant growth during the forecast period.
Some Of The Growth Factors Of This Market:
- Surge protection devices are used to protect electrical equipment from power surges and spikes.
- The surge protection device market is fragmented with a large number of players operating in this space, which makes it difficult for new entrants to enter the market and compete with established players due to high capital expenditure requirements and stringent regulatory norms.
- The major drivers for this market are increasing demand for surge protection devices in developing countries such as India and China, growing need for power quality improvement, increase in awareness about power quality issues among consumers, rising investments by governments on infrastructure development projects etc, which will drive the growth of this market during the forecast period (2017-2026).
- However, lack of awareness about power quality issues among consumers may hinder the growth of this market during the forecast period (2017-2026).
Industry Growth Insights published a new data on “Surge Protection Device (SPD) Market”. The research report is titled “Surge Protection Device (SPD) Market research by Types (Power Type SPD, Signal Type SPD, Others), By Applications (Construction, Communication, Electric Power, Transportation, Oil and Gas, Wind, PV, Others), By Players/Companies Sichuan Zhongguang, OBO Bettermann, DEHN, Guangxi Dikai, Shenzhen Hpxin, Chengdu Pedaro, Phoenix Contact, Chengdu Leian, Citel, Shanghai ASP, ABB Furse, Beijing Arrow, Schneider Electric, Guangdong Xierli/Repsun, Zhejiang Leitai, Changsha LKX, Shenzhen Zhong Peng”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Surge Protection Device (SPD) Market Research Report
By Type
Power Type SPD, Signal Type SPD, Others
By Application
Construction, Communication, Electric Power, Transportation, Oil and Gas, Wind, PV, Others
By Companies
Sichuan Zhongguang, OBO Bettermann, DEHN, Guangxi Dikai, Shenzhen Hpxin, Chengdu Pedaro, Phoenix Contact, Chengdu Leian, Citel, Shanghai ASP, ABB Furse, Beijing Arrow, Schneider Electric, Guangdong Xierli/Repsun, Zhejiang Leitai, Changsha LKX, Shenzhen Zhong Peng
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Surge Protection Device (SPD) Market Report Segments:
The global Surge Protection Device (SPD) market is segmented on the basis of:
Types
Power Type SPD, Signal Type SPD, 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
Construction, Communication, Electric Power, Transportation, Oil and Gas, Wind, PV, 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:
- Sichuan Zhongguang
- OBO Bettermann
- DEHN
- Guangxi Dikai
- Shenzhen Hpxin
- Chengdu Pedaro
- Phoenix Contact
- Chengdu Leian
- Citel
- Shanghai ASP
- ABB Furse
- Beijing Arrow
- Schneider Electric
- Guangdong Xierli/Repsun
- Zhejiang Leitai
- Changsha LKX
- Shenzhen Zhong Peng
 Market Overview.svg)
Highlights of The Surge Protection Device (SPD) 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 SPD
- Signal Type SPD
- Others
- By Application:
- Construction
- Communication
- Electric Power
- Transportation
- Oil and Gas
- Wind
- PV
- 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 Surge Protection Device (SPD) 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.
How you may use our products:
- 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?
A surge protector device (SPD) is a hardware or software appliance that protects electronic equipment from surges in voltage and current.
Some of the key players operating in the surge protection device (spd) market are Sichuan Zhongguang, OBO Bettermann, DEHN, Guangxi Dikai, Shenzhen Hpxin, Chengdu Pedaro, Phoenix Contact, Chengdu Leian, Citel, Shanghai ASP, ABB Furse, Beijing Arrow, Schneider Electric, Guangdong Xierli/Repsun, Zhejiang Leitai, Changsha LKX, Shenzhen Zhong Peng.
The surge protection device (spd) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Surge Protection Device (SPD) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Surge Protection Device (SPD) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Surge Protection Device (SPD) Market - Supply Chain
4.5. Global Surge Protection Device (SPD) Market Forecast
4.5.1. Surge Protection Device (SPD) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Surge Protection Device (SPD) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Surge Protection Device (SPD) Market Absolute $ Opportunity
5. Global Surge Protection Device (SPD) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Surge Protection Device (SPD) Market Size and Volume Forecast by Type
5.3.1. Power Type SPD
5.3.2. Signal Type SPD
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Surge Protection Device (SPD) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Surge Protection Device (SPD) Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Communication
6.3.3. Electric Power
6.3.4. Transportation
6.3.5. Oil and Gas
6.3.6. Wind
6.3.7. PV
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Surge Protection Device (SPD) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Surge Protection Device (SPD) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Surge Protection Device (SPD) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Surge Protection Device (SPD) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Surge Protection Device (SPD) Demand Share Forecast, 2019-2026
9. North America Surge Protection Device (SPD) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Surge Protection Device (SPD) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Surge Protection Device (SPD) Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Communication
9.4.3. Electric Power
9.4.4. Transportation
9.4.5. Oil and Gas
9.4.6. Wind
9.4.7. PV
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Surge Protection Device (SPD) Market Size and Volume Forecast by Type
9.7.1. Power Type SPD
9.7.2. Signal Type SPD
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Surge Protection Device (SPD) Demand Share Forecast, 2019-2026
10. Latin America Surge Protection Device (SPD) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Surge Protection Device (SPD) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Surge Protection Device (SPD) Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Communication
10.4.3. Electric Power
10.4.4. Transportation
10.4.5. Oil and Gas
10.4.6. Wind
10.4.7. PV
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Surge Protection Device (SPD) Market Size and Volume Forecast by Type
10.7.1. Power Type SPD
10.7.2. Signal Type SPD
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Surge Protection Device (SPD) Demand Share Forecast, 2019-2026
11. Europe Surge Protection Device (SPD) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Surge Protection Device (SPD) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Surge Protection Device (SPD) Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Communication
11.4.3. Electric Power
11.4.4. Transportation
11.4.5. Oil and Gas
11.4.6. Wind
11.4.7. PV
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Surge Protection Device (SPD) Market Size and Volume Forecast by Type 11.7.1. Power Type SPD
11.7.2. Signal Type SPD
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Surge Protection Device (SPD) Demand Share, 2019-2026
12. Asia Pacific Surge Protection Device (SPD) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Surge Protection Device (SPD) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Surge Protection Device (SPD) Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Communication
12.4.3. Electric Power
12.4.4. Transportation
12.4.5. Oil and Gas
12.4.6. Wind
12.4.7. PV
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Surge Protection Device (SPD) Market Size and Volume Forecast by Type
12.7.1. Power Type SPD
12.7.2. Signal Type SPD
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Surge Protection Device (SPD) Demand Share, 2019-2026
13. Middle East & Africa Surge Protection Device (SPD) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Surge Protection Device (SPD) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Surge Protection Device (SPD) Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Communication
13.4.3. Electric Power
13.4.4. Transportation
13.4.5. Oil and Gas
13.4.6. Wind
13.4.7. PV
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Surge Protection Device (SPD) Market Size and Volume Forecast by Type
13.7.1. Power Type SPD
13.7.2. Signal Type SPD
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Surge Protection Device (SPD) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Surge Protection Device (SPD) Market: Market Share Analysis
14.2. Surge Protection Device (SPD) Distributors and Customers
14.3. Surge Protection Device (SPD) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sichuan Zhongguang
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OBO Bettermann
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DEHN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Guangxi Dikai
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shenzhen Hpxin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chengdu Pedaro
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Phoenix Contact
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chengdu Leian
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Citel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai ASP
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ABB Furse
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Beijing Arrow
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Schneider Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Guangdong Xierli/Repsun
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhejiang Leitai
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Changsha LKX
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shenzhen Zhong Peng
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
