Surge Protection Devices Market: North America Regional Market to Increase 2.1X During the Forecast Period: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2027)

  • Published: 2017-10-11
  • Report Code: REP-GB-4727

An Incisive, In-depth Analysis on the Surge Protection Devices Market

This study offers a comprehensive, 360 degree analysis on the Surge Protection Devices market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Surge Protection Devices market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Surge protection device is a device or appliance that is designed to safeguard electrical devices from voltage surge. A surge protector tries to limit the supplied voltage to an electric device by either shorting to the ground or blocking any unwanted voltages above the safe threshold. The global surge protection devices market is anticipated to witness significant growth and register a CAGR of 7.8% in terms of value during the forecast period (2017 – 2027).

Market revenue push and pull factors

Increasing demand for surge arresters in the locomotive application and a growing need to reduce the adverse impact of lightning are major factors driving revenue growth of the global surge protection devices market. However lack of component level testing and long warranty claiming process is restraining market revenue growth in the global surge protection devices market.

Global Surge Protection Devices Market: Forecast by Segmentation

The global surge protection devices market is categorised on the basis of type, end-user and region. On the basis of type, the market is segmented as type 1, type 2 and type 3. The type 2 segment is anticipated to register the highest CAGR of 8.4% during the forecast period. While type 1 is anticipated to register a moderate CAGR of 7.1% with a market share of 32.9% in 2017. On the basis of end-user, the global market is segmented into industrial, commercial and residential. The revenue contribution from the commercial sector segment is anticipated to expand at a CAGR of 9.1% during the forecast period.

Among the regions, APAC is projected to exhibit relatively high growth in the global surge protection devices market, registering a CAGR of 10% over the forecast period. Revenue from the surge protection devices market in Asia Pacific and North America is expected to collectively account for over 43% of the global surge protection devices market revenue by the end of 2017. Surge protection devices providers can focus on expanding their technologies across several countries in the APAC and North America regions such as India, China and U.S.

Global Surge Protection Devices Market: Key Player Ecosystem

Some of the top companies identified across the surge protection devices value chain are Eaton Corporation, Schneider- electric. Co, Siemens AG, ABB Group, General Electric, Emerson Electric Co., Littelfuse, Inc., Koninklikes Philips N.V, Rockwell Automation, Inc., and Honeywell International Inc. Key players are introducing technologically advanced surge protector devices that can be deployed in various applications such as residential, commercial and industrial and this factor is boosting the growth of the surge protection devices market globally.

Report Synopsis

Future Market Insights offers a 10-year forecast for the surge protection devices market between 2017 and 2027. This study demonstrates the market dynamics and trends globally across regions North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East and Africa which influence the current nature and future status of the surge protection devices market over the forecast period.

Report Description

This research report provides a detailed analysis of the surge protection devices market and offers insights on the various factors such as driving factors and challenges to the market in the near future with recommendations for device manufacturers aimed at increasing the demand for surge protection devices in the market. The market study provides comprehensive assessment of key stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on type and end-user across different regions globally. The report starts with an overview of the global surge protection devices market in terms of value. In addition, this section includes analysis of key trends, drivers and restraints influencing the surge protection devices market. Impact analysis of key growth drivers and restraints are included in this report to facilitate clients with crystal clear decision-making insights.

The global surge protection devices market is categorized on the basis of type, end-user and region. A detailed analysis has been provided for every segment in terms of market size analysis for surge protection devices across the different regions. The next section presents a detailed analysis of the surge protection devices market across various countries in the region. It provides a market outlook for 2017–2027 and sets the forecast within the context of the surge protection devices market including latest technological developments as well as service offerings in the market. This study discusses key trends within countries contributing to the growth of the market, as well as analyses the degree at which drivers are influencing this market in each region.

This report evaluates the present scenario and the growth prospects of the surge protection devices market across various regions globally for the period 2017 –2027. We have considered 2016 as the base year and provide data for the trailing 12 months. The forecast presented here assesses the total revenue by value across the market. In order to offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the surge protection devices market will develop in the future. Given the characteristics of the market, we have triangulated the outcome of different services and component and analyses, based on the technology trends. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the market.

In the final section of the report, we include a competitive landscape to provide clients with a dashboard view based on categories of providers in the value chain, presence in the surge protection devices market and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the surge protection devices value chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on in-depth assessment of capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the surge protection devices market.

Key Segments Covered

  • By Type

    • Type 1

    • Type 2

    • Type 3

  • By End-User

    • Industrial

    • Commercial

    • Residential

Key Regions Covered

  • North America

    • U.S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Western Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • Rest of Western Europe

  • Eastern Europe

    • Russia

    • Poland

  • Asia Pacific excluding Japan

    • China

    • India

    • ASEAN

    • A&NZ

    • Rest of Asia Pacific

  • Japan

  • Middle East & Africa

    • North Africa

    • South Africa

    • GCC

    • Turkey

    • Rest of Middle East & Africa

Surge Protection Devices Market Reports - Table of Contents

Surge Protection Devices Market Reports - List of Tables

Table 01: North America Surge Protection Devices Market Value (US$ Mn), By Type, 2012–2016

Table 02: North America Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Type, 2017–2027

Table 03: North America Surge Protection Devices Market Volume (‘000 Units), By Type, 2012–2027

Table 04: North America Surge Protection Devices Market Value (US$ Mn), By End-user, 2012–2016

Table 05: North America Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 06: Western Europe Surge Protection Devices Market Value (US$ Mn), By Type, 2012–2016

Table 07: Western Europe Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Type, 2017–2027

Table 08: Western Europe Surge Protection Devices Market Volume (‘000 Units), By Type, 2012–2027

Table 09: Western Europe Surge Protection Devices Market Value (US$ Mn), By End-user, 2012–2016

Table 10: Western Europe Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 11: Eastern Europe Surge Protection Devices Market Value (US$ Mn), By Type, 2012–2016

Table 12: Eastern Europe Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Type, 2017–2027

Table 13: Eastern Europe Surge Protection Devices Market Volume (‘000 Units), By Type, 2012–2027

Table 14: Eastern Europe Surge Protection Devices Market Value (US$ Mn), By End-user, 2012–2016

Table 15: Eastern Europe Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 16: Latin America Surge Protection Devices Market Value (US$ Mn), By Type, 2012–2016

Table 17: Latin America Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Type, 2017–2027

Table 18: Latin America Surge Protection Devices Market Volume (‘000 Units), By Type, 2012–2027

Table 19: Latin America Surge Protection Devices Market Value (US$ Mn), By End-user, 2012–2016

Table 20: Latin America Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 21: APEJ Surge Protection Devices Market Value (US$ Mn), By Type, 2012–2016

Table 22: APEJ Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Type, 2017–2027

Table 23: APEJ Surge Protection Devices Market Volume (‘000 Units), By Type, 2012–2027

Table 24: APEJ Surge Protection Devices Market Value (US$ Mn), By End-user, 2012–2016

Table 25: APEJ Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 26: Japan Surge Protection Devices Market Value (US$ Mn), By Type, 2012–2016

Table 27: Japan Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Type, 2017–2027

Table 28: Japan Surge Protection Devices Market Volume (Units), By Type, 2012–2027

Table 29: Japan Surge Protection Devices Market Value (US$ Mn), By End-user, 2012–2016

Table 30: Japan Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 31: MEA Surge Protection Devices Market Value (US$ Mn), By Type, 2012–2016

Table 32: MEA Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Type, 2017–2027

Table 33: MEA Surge Protection Devices Market Volume (Units), By Type, 2012–2027

Table 34: MEA Surge Protection Devices Market Value (US$ Mn), By End-user, 2012–2016

Table 35: MEA Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 36: Global Surge Protection Devices Market Value (US$ Mn), By Type, 2012–2016

Table 37: Global Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Type, 2017–2027

Table 38: Global Surge Protection Devices Market Volume (‘000 Units), By Type, 2012–2027

Table 39: Global Surge Protection Devices Market Value (US$ Mn), By End-user, 2012–2016

Table 40: Global Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Surge Protection Devices Market Reports - List of Figures

Figure 01: Global GDP Forecast (US$ Bn) & Y-o-Y Growth, 2012–2027

Figure 02: Global Electricity Consumption Forecast (TWH) & Y-o-Y Growth, 2012–2027

Figure 03: Global Total Energy Consumption Forecast (Quadrillion Btu) & Y-o-Y Growth, 2012–2027

Figure 04: Global Total Energy Consumption Market Share Forecast 2012–2027 by Category, 2016

Figure 05: Global Industry Value Added Forecast (US$ Bn) & Y-o-Y Growth, 2012–2027

Figure 06: Global Customer Expenditure & Disposable Growth

Figure 07: Global Per Capita Income (US$)

Figure 08: Global Surge Protection Devices  Market Value (US$ Mn), By Type, 2016 (A)

Figure 09: Global Surge Protection Devices  Market Value (US$ Mn), By End-user Industry, 2016 (A)

Figure 10: Global Surge Protection Devices  Market Value (US$ Mn), By Region, 2016 (A)

Figure 11: Surge Protection Device Market Value (US$ Mn), 2016–2025

Figure 12: Global Surge Protection Device Market Value (US$ Mn), By Type, 2017 (E) 

Figure 13: Global Surge Protection Device Market Value (US$ Mn), By Type, 2027 (F)

Figure 14: Global Surge Protection Device Market Value (US$ Mn), By End-user, 2017 (E) 

Figure 15: Global Surge Protection Device Market Value (US$ Mn), By End-user, 2027 (F)

Figure 16: Global Surge Protection Device Market Value (US$ Mn), By Region, 2017 (E) 

Figure 17: Global Surge Protection Device Market Value (US$ Mn), By Region, 2027 (F)

Figure 18 : Global Surge Protection Devices Market Volume (US$ Mn) 2016–2027

Figure 19 : Global Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 20 : Global Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 21 : Global Surge Protection Devices Market Absolute $ Opportunity (US$ Mn), 2016–2027

Figure 22 : U.S. Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 23 : U.S. Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 24 : Canada Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 25 : Canada Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 26: North America Surge Protection Devices Market Value Share (%), By Country, 2017 & 2027

Figure 27: North America Surge Protection Devices Market Value Y-o-Y Growth Comparison, By Country, 2017 & 2027

Figure 28 : North America Surge Protection Devices Market Attractiveness Index, By Country, 2017–2027

Figure 29 : North America Surge Protection Devices Market Attractiveness Index, By Type, 2017–2027

Figure 30 : North America Surge Protection Devices Market Attractiveness Index, By End-user, 2017–2027

Figure 31 : Germany Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 32 : Germany Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 33 : France Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 34 :  France Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 35 : U.K. Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 36 :  U.K. Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 37 : Spain Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 38 :  Spain Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 39 : Italy Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 40 :  Italy Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 41 : BENELUX Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 42 :  BENELUX Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 43 : Nordic Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 44 : Nordic Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 45 : Rest of Western Europe Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 46 : Rest of Western Europe Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 47: Western Europe Surge Protection Devices Market Value Share (%), By Country, 2017 & 2027

Figure 48: Western Europe Surge Protection Devices Market Value Y-o-Y Growth Comparison, By Country, 2017 & 2027

Figure 49 : Western Europe Surge Protection Devices Market Attractiveness Index, By Country, 2017–2027

Figure 50 : Western Europe Surge Protection Devices Market Attractiveness Index, By Type, 2017–2027

Figure 51 : Western Europe Surge Protection Devices Market Attractiveness Index, By End-user, 2017–2027

Figure 52 : Russia Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 53 : Russia Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 54 : Poland Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 55 : Poland Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 56 : Rest of Eastern Europe Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 57 : Rest of Eastern Europe Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 58: Eastern Europe Surge Protection Devices Market Value Share (%), By Country, 2017 & 2027

Figure 59: Eastern Europe Surge Protection Devices Market Value Y-o-Y Growth Comparison, By Country, 2017 & 2027

Figure 60 : Eastern Europe Surge Protection Devices Market Attractiveness Index, By Country, 2017–2027

Figure 61: Eastern Europe Surge Protection Devices Market Attractiveness Index, By Type, 2017–2027

Figure 62 : Eastern Europe Surge Protection Devices Market Attractiveness Index, By End-user, 2017–2027

Figure 63 : Brazil Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 64 : Brazil Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 65 : Mexico Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 66 : Mexico Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 67 : Rest of Latin America Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 68 : Rest of Latin America Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 69: Latin America Surge Protection Devices Market Value Share (%), By Country, 2017 & 2027

Figure 70: Latin America Surge Protection Devices Market Value Y-o-Y Growth Comparison, By Country, 2017 & 2027

Figure 71 : Latin America Surge Protection Devices Market Attractiveness Index, By Country, 2017–2027

Figure 72 : Latin America Surge Protection Devices Market Attractiveness Index, By Type, 2017–2027

Figure 73 : Latin America Surge Protection Devices Market Attractiveness Index, By End-user, 2017–2027

Figure 74 : China Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 75 : China Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 76 : India Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 77 : India Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 78 : Australia and New Zealand Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 79 : Australia and New Zealand Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 80 : ASEAN Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 81 : ASEAN Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 82 : Rest of  APEJ Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 83 : Rest of  APEJ Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 84: APEJ Surge Protection Devices Market Value Share (%), By Country, 2017 & 2027

Figure 85: APEJ Surge Protection Devices Market Value Y-o-Y Growth Comparison, By Country, 2017 & 2027

Figure 86 : APEJ Surge Protection Devices Market Attractiveness Index, By Country, 2017–2027

Figure 87 : APEJ Surge Protection Devices Market Attractiveness Index, By Type, 2017–2027

Figure 88 : APEJ Surge Protection Devices Market Attractiveness Index, By End-user, 2017–2027

Figure 89 : Japan Surge Protection Devices Market Attractiveness Index, By Type, 2017–2027

Figure 90 : Japan Surge Protection Devices Market Attractiveness Index, By End-user, 2017–2027

Figure 91 : GCC Countries Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 92 : GCC Countries Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 93 : North Africa Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 94: North Africa Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 95 : South Africa Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 96 : South Africa Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 97 : Rest of MEA Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 98 : Rest of MEA Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 99: MEA Surge Protection Devices Market Value Share (%), By Country, 2017 & 2027

Figure 100: MEA Surge Protection Devices Market Value Y-o-Y Growth Comparison, By Country, 2017 & 2027

Figure 101 : MEA Surge Protection Devices Market Attractiveness Index, By Country, 2017–2027

Figure 102 : MEA Surge Protection Devices Market Attractiveness Index, By Type, 2017–2027

Figure 103 : MEA Surge Protection Devices Market Attractiveness Index, By End-user, 2017–2027

Figure 104 : North America Countries Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 105 : North America Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 106 : Western Europe Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 107 : Western Europe Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 108 : Eastern Europe Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 109 : Eastern Europe Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 110 : Latin America Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 111 : Latin America Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 112 : APEJ Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 113 : APEJ Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 114: Japan Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 115 : Japan Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 116 : MEA Surge Protection Devices Market Value (US$ Mn), 2012–2016 

Figure 117 : MEA Surge Protection Devices Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 118: MEA Surge Protection Devices Market Value Share (%), By Country, 2017 & 2027

Figure 119: MEA Surge Protection Devices Market Value Y-o-Y Growth Comparison, By Country, 2017 & 2027

Figure 120 : Global Surge Protection Devices Market Attractiveness Index, By Region, 2017–2027

Figure 121: Global Surge Protection Devices Market Value Share (%), By Type, 2017 & 2027

Figure 122: Global Surge Protection Devices Market Value Y-o-Y Growth Comparison, By Type, 2017 & 2027

Figure 123 : Global Surge Protection Devices Market Attractiveness Index, By Type, 2017–2027

Figure 124: Global Surge Protection Devices Market Value Share (%), By End-user, 2017 & 2027

Figure 125: Global Surge Protection Devices Market Value Y-o-Y Growth Comparison, By End-user, 2017 & 2027

Figure 126 : Global Surge Protection Devices Market Attractiveness Index, By End-user, 2017–2027

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