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Residential Surge Protection Devices Market Share

Report ID: GMI10143
Published Date: Jul 2024
Report Format: PDF

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Residential Surge Protection Devices Market Share

JMV operates as one of the leading providers in surge protection devices offers a comprehensive range of solutions designed to protect sensitive electronic equipment from power surges and voltage spikes. With a strong focus on innovation and reliability, the company are engineered to meet the stringent demands of various sectors, including residential, commercial, and industrial applications. Its products integrate advanced technologies for effective surge suppression, ensuring the uninterrupted operation and longevity of connected devices.

JMV emphasizes not only product performance but also compliance with global standards, ensuring their SPDs meet the highest levels of electrical safety and reliability. As the demand for robust surge protection solutions grows worldwide, it continues to expand its market presence by delivering cutting-edge products tailored to meet evolving customer needs.

Residential 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
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
Shenzhen Techwin Lightning Technologies Co., Ltd.
Siemens

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of residential surge protection devices reached USD 1.08 billion in 2023 and is set to witness 6% CAGR between 2024 and 2032, led by increasing proliferation of electronic devices and aging grid infrastructure.

The type 2 segment in the residential surge protection devices industry will exceed USD 700 million by 2032, propelled by the increasing awareness of the importance of lightning protection and the growing integration of these systems into building management.

Asia Pacific market is expected to reach USD 600 million by 2032, due to the flourishing real estate sector along increasing infrastructural investments primarily across the developing nation.

ABB, Belkin, Bourns, Inc., CG Power and Industrial Solutions Limited, Eaton, Emerson Electric Co., General Electric, Havells, Hubbell, and Infineon Technologies AG, among others.