Boonton, NJ -- (SBWire) -- 10/17/2018 --U.S. Surge Protection Devices Market Analysis
At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to Verified Market Intelligence, the U.S. Surge Protection Devices Market was valued at USD 955.1 million in 2017 and is projected to reach USD 1,467.3 million by 2025, growing at a CAGR of 5.5% from 2018 to 2025.
What are U.S. Surge Protection Devices?
Surge protector works as a gatekeeper for electric appliances as it blocks and allocates the high voltage spikes. Surge protector device helps in supplying only limited electric voltage which can be handled by the appliance. It also has a tendency of blocking the voltage spike but it is not the best option to protect electric appliances from close by lightning strikes. The penetration of surge protection devices is largest in the North America.
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U.S. Surge Protection Devices Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market
Growing demand for protection systems in electronic appliances and adoption of alternative energy programs is driving the U.S. surge protection devices market. Apart from this, characteristic of surge protection devices of providing safety only against voltage spikes and not close lightning strike might hamper the U.S market as the population requires a two in one options for their home due to volatile environment conditions.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The "U.S. Surge Protection Devices Market" is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
U.S. Surge Protection Devices Market Competitive Landscape
The "U.S. Surge Protection Devices Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Littelfuse, Inc., Emersen Electric Co., ABB, Ltd., Eaton Corporation, PLC., Siemens AG, Schneider Electric Se, General Electric Company, Advanced Protection Technologies, Inc., Belkin International, Leviton Manufacturing Company, Inc., Tripp Lite, Panamax, MVC-Maxivolt, REV Ritter GmbH , Raycap Corporation S.A. . Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
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U.S. Surge Protection Devices Market, By Discharge Current
On the basis of Discharge Current, U.S. Surge Protection Devices Market is categorized into:
Above 25 kA Surge Protection Devices
10kA–25 kA Surge Protection Devices
Below 10 kA Surge Protection Devices
U.S. Surge Protection Devices Market, By Type
On the basis of type, U.S. Surge Protection Devices Market is categorized into:
Hard Wired Surge Protection Devices
Plug in Surge Protection Devices
Line Cord Surge Protectors
Table Of Content
1 Introduction Of The Global U.S. Surge Protection Devices
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global U.S. Surge Protection Devices Outlook
5 The Global U.S. Surge Protection Devices, By Systems
6 The Global U.S. Surge Protection Devices, By Service
7 The Global U.S. Surge Protection Devices, By Verticals
8 The Global U.S. Surge Protection Devices, By Applications
9 The Global U.S. Surge Protection Devices, By Geography
10 The Global U.S. Surge Protection Devices Competitive Landscape
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global U.S. Surge Protection Devices market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the U.S. Surge Protection Devices market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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U.S. Surge Protection Devices Market Analysis and Growth by Top Company, Region, Applications, Drivers, Trends and Forecast to 2025