Press release
Surge Protection Devices Market – Size, Share, Forecast, Analysis, Trends 2020
The global surge protection devices market is segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW). The surge protection devices market is primarily driven by the increase in the usage of electrical equipment such as home entertainment systems, personal computers and microwave ovens among others. These devices are sensitive and could be damaged by a small fluctuation in the voltage. In order to protect these devices from power surges or spikes, surge protection devices are needed. In addition, the reductions in maintenance costs, delays and data loss in the electrical equipment are the factors responsible for the growth of surge protection devices market.
Read Report Overview @
https://www.transparencymarketresearch.com/surge-protection-devices-market.html
Geographically, North America led the global surge protection devices market in 2014 and the region is expected to continue its leading position throughout the forecast period. In 2013, this region had seen significant growth in surge protection devices market due to the growth in sales of electrical equipment in the industrial and residential sectors. The surge protection impacts the productivity and profitability by saving the equipment from the internal and external surges. The usage of surge protector in electrical equipment eliminates data loss and reduces the cost of maintenance. These major factors are responsible for the increase in the usage of surge protection devices in North America. Europe and Asia Pacific followed by North America.
Read Report Sample @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2939
The surge protection devices market is segmented on the basis of types into plug-in devices, hard wired devices, line cord devices and power control center. Among all, line cord surge protection devices segment held the largest market revenue share in 2014 and is expected to maintain its position throughout the forecast period. The increasing demand for line cord devices is primarily endorsed due to their wide usage in applications such as industrial, commercial and residential sector. Line cord devices protect multiple devices from power surges. It also requires less number of cords to connect the devices with an electric outlet.
The surge protection devices market is further segmented by applications into industrial, commercial and residential. The global surge protection devices market is majorly driven by industrial segment due to rapid growth in industrialization in the developing countries. The increasing automation in both manufacturing and processing industry has increased the demand for surge protection devices in the industrial machineries and equipment. Commercial sector is analyzed to be the fastest growing application segment for surge protection devices and is expected to attain a significant growth in the coming years due to increase in the users of telephone and internet in the emerging nations.
Request Report Brochure @
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2939
Contact Us:
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Website: http://www.transparencymarketresearch.com
About us:
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surge Protection Devices Market – Size, Share, Forecast, Analysis, Trends 2020 here
News-ID: 1842857 • Views: …
More Releases from Transparency Market Research
Transformer Dismantling & Recycling Services Market Outlook 2034: How Sustainabl …
As global energy systems evolve and electricity demand rises, the safe, efficient, and environmentally responsible disposal of aging electrical infrastructure has become an urgent priority. Transformers-critical components of transmission and distribution networks-must be replaced or refurbished regularly due to wear, efficiency loss, safety concerns, or regulatory mandates. Transformer dismantling and recycling services play a vital role in ensuring that these large, complex electrical units are decommissioned safely while valuable materials…
Online Dating Services Market Outlook 2034: How Digital Matchmaking Platforms Ar …
The online dating services market has undergone a remarkable transformation over the past decade, evolving from simple matchmaking websites to highly intelligent, data-driven platforms that use artificial intelligence, behavioral insights, and preference-based algorithms to match users more effectively. The rise of mobile apps, digital socialization, and increased acceptance of online dating across age groups has made digital matchmaking a mainstream phenomenon. In 2023, the global online dating services market was…
Ambulatory Infusion Centers Market Outlook 2035: Transforming Outpatient Care Th …
Ambulatory infusion centers (AICs) have become one of the most rapidly expanding components of modern healthcare, driven by a growing emphasis on outpatient care solutions, the rising prevalence of chronic diseases, and increasing adoption of advanced biologics. These specialized centers provide infusion therapies outside of hospital settings, offering patients convenience, affordability, and improved treatment experiences. As healthcare systems worldwide shift toward models that prioritize cost savings, patient comfort, and efficient…
Amyloidosis Therapeutics Market Outlook 2035: Advancements in Rare Disease Treat …
The global healthcare landscape is witnessing a growing focus on rare diseases, propelled by increasing awareness, expanded diagnostic capabilities, and advancements in personalized medicine. Amyloidosis, a group of rare but severe conditions caused by the buildup of abnormal amyloid proteins in tissues and organs, has moved into the spotlight as medical science uncovers more effective treatments and diagnostic tools. The amyloidosis therapeutics market, valued at US$ 2.7 billion in 2024,…
More Releases for North
Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need.
Whether you're moving…
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032.
Biosimulation, which involves the use of…
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png
Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community.
North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the…
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay.
Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing…
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada.
Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the…
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally.
Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.…
