Surge Protection Devices Market Regional Analysis and Forecast 2017-2022

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Surge Protection Devices Market Regional Analysis
and Forecast 2017-2022
www.MarketsandMarkets.com
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The report "Surge Protection Devices Market by
Type (Hard-Wired, Plug-In, and Line Cord),
Discharge Current (Below 10 kA, 10 kA25 kA, and
above 25 kA), End-User (Industrial, Commercial,
and Residential), and Region - Global Forecast to
2022", The surge protection devices market is
expected to grow from an estimated USD 2.06
Billion in 2017 to USD 2.68 Billion by 2022,
registering a CAGR of 5.47, from 2017 to
2022. The global market is set to witness
significant growth due to growing demand for
protection systems for electronic devices, power
quality issues, a rise in alternative energy
programs, and cost escalation due to frequent
equipment failures. PDF Brochure
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The industry segment is expected to hold the
largest share of the surge protection devices
market, by application, during the forecast
period The industry segment led the surge
protection devices market in 2016, and is
projected to dominate the market during the
forecast period. The Industry 4.0 initiative is
being applied to vehicles and electrical
machinery in order to facilitate remote
diagnostics, remote maintenance, and remote data
capture. Such initiatives have increased the need
for datacenters, servers, and communication
systems. With the increasing use of electronic
equipment, the need for protection systems for
such critical equipment has been increasing. This
is driving the market for surge protection
devices in the industrial segment, which is
expected to create new revenue pockets for the
surge protection devices market during the
forecast period. Request for Customization
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Browse gtgt 72 market data
tables 30 figures
138 pages and in-depth TOC on Air
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user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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Europe The leading market for surge protection
devices In this report, the surge protection
devices market has been analyzed with respect to
five regions, namely, North America, Europe,
Asia-Pacific, South America, and the Middle East
Africa. The European market is expected to
dominate the global surge protection devices
market with a number of European countries
investing in various protection systems for
urbanized infrastructure development. Industry
4.0 is a European strategic initiative to
digitally transform the industrial, IT, and
manufacturing industries. Intelligent ICT-based
machines, systems, and networks, capable of
independently exchanging and responding to
information to manage industrial production
processes, are being implemented for production
efficiency. There is an increasing trend of
manufacturing facilities shifting their
operations to low production areas such as
Eastern Europe. Manufacturing, along with
construction, mining, and quarrying, in Eastern
Europe, is on the rise, making Europe a lucrative
market for surge protection devices. Request
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• Target Audience
• Surge protection device manufacturers, dealers,
  and suppliers
• Consulting companies in the energy and power
  sector
• Government and research organizations
• Investors and shareholders
• Environmental research institutes
• Process industries and power and energy
  associations
• Surge protectors components manufacturers
• Manufacturing industry
• Energy efficiency consultants
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  om/speaktoanalyst.asp?id89236426

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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the
  market. These include
• ABB, Ltd.
• Eaton Corporation, PLC.
• Emersen Electric Co.
• Siemens AG
• Schneider Electric Se
• General Electric Company
• Littelfuse, Inc.
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