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Commercial Surge Protection Devices Market Share

Report ID: GMI10661
Published Date: Aug 2024
Report Format: PDF

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Commercial Surge Protection Devices Market Share

Havells is a renowned multinational company specializing in a wide range of electrical and power distribution equipment. Among its diverse product portfolio, the company offers high-quality surge protection devices designed to safeguard electrical systems and sensitive electronics from voltage spikes and transient surges. These SPDs are engineered to provide reliable protection by diverting excess voltage away from connected devices, thus preventing potential damage. Its solutions are known for their durability, efficiency, and adherence to international safety standards. They are suitable for various applications, including residential, commercial, and industrial settings, ensuring uninterrupted operation and longevity of electrical and electronic equipment.

Commercial Surge Protection Devices Market Companies

The key industry players include:

ABB
Belkin
Bourns, Inc.
CG Power and Industrial Solutions Limited
Eaton
Emerson Electric Co.
General Electric
GEYA Electrical Equipment Supply
Havells
Hubbell
Infineon Technologies AG
Intermatic Incorporated
JMV
Legrand
Leviton Manufacturing Co., Inc.
Littelfuse, Inc.
Maxivolt
Mercen
Philips
Phoenix Contact
Raycap
Rockwell Automation
Schneider Electric
Siemens

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of commercial surge protection devices was worth over USD 1.45 billion in 2023 and will record a 6.2% CAGR between 2024 and 2032, propelled by increasing reliance on sensitive electronic equipment and the growing threat of power surges and electrical faults.

The line cord commercial surge protection devices segment will surpass USD 400 million by 2032, due to their ease of installation, portability, and cost-effectiveness.

Asia Pacific commercial surge protection devices industry will reach USD 800 million by 2032, owing to rapid urbanization, industrial growth, and increasing investments in infrastructure development.

Some of the leading commercial surge protection devices industry players include ABB, Belkin, Bourns, Inc., CG Power and Industrial Solutions Limited, Eaton, Emerson Electric Co., General Electric, GEYA Electrical Equipment Supply, Havells, Hubbell, Infineon Technologies AG, Intermatic Incorporated, JMV, Legrand, Leviton Manufacturing Co., Inc., Littelfuse, Inc., among others.