Global Surge Protection Devices Market: North America to Remain Dominant Regional Market Through 2027

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).

(MRRSE) has included a comprehensive report in its database on the global surge protection devices market. This report presents a detailed revenue forecast of the global surge protection devices market for the 10 year period from 2017 to 2027. This extensive market study captures the various dynamics likely to impact the growth of the market over the forecast period across key geographies. Besides identifying the drivers responsible to boost market growth, challenges limiting market revenue growth, and the trends and opportunities likely to emerge in the global market in the coming decade, the report also provides key recommendations for companies competing in the global market for surge protection devices. An analysis of the impact of the market drivers and restraints is a key component of this report.

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Report Methodology

To arrive at the market revenue estimates, the report considers 2016 as the base year and presents revenue projections for the period 2017 to 2027. The report triangulates the data gathered through extensive primary and secondary research with an independent analysis of the global surge protection devices market to accurately predict the growth direction of this market in the next decade. Key metrics such as compound annual growth rate, absolute dollar opportunity, incremental dollar opportunity, year on year growth rate, and basis point share supplement the insightful findings presented in the report. In addition, volume projections of the global surge protection devices market along with a study of the global surge protection devices market value chain are highlighted in the report. The main objective of this research study is to understand the volatile nature of the global surge protection devices market and enable key market stakeholders to identify lucrative opportunities likely to emerge in the global market in the near future.

Global Surge Protection Devices Market: Segmentation

The global surge protection devices market is segmented on the basis of Type into Type 3, Type 2, and Type 1 and on the basis of End User into Residential, Commercial, and Industrial. The various geographical surge protection devices markets studied in this report are Middle East and Africa, Japan, Asia Pacific Excluding Japan (APEJ), Latin America, Eastern Europe, Western Europe, and North America. The report includes a detailed value and volume forecast for each segment and sub segment along with a segmental market attractiveness analysis to enable investors and other stakeholders make the right business decisions. The report is structured in a systematic manner beginning with the executive summary, market overview and introduction, and a detailed market analysis along with useful recommendations for succeeding in this business. Each regional surge protection devices market is studied at the country level and a detailed revenue forecast as well as volume projections are made for every market segment.

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Global Surge Protection Devices Market: Key Players

The leading companies operational in the global surge protection devices market are profiled in this report, with details of their current market share, business overview, key financials, growth strategies, and recent market developments. A SWOT analysis is also included to help the reader acquire a good understanding of the level of competition prevalent in the global market for surge protection devices. Companies featured in the report are Rockwell Automation, Inc., Honeywell International Inc., Koninklikes Philips N.V, Littelfuse Inc., Emerson Electric Co., General Electric, ABB Group, Siemens AG, Schneider- electric. Co, and Eaton Corporation.

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