Commercial Surge Protection Devices Market - Top Companies and Manufacturers

  • Report ID: 6639
  • Published Date: Nov 05, 2024
  • Report Format: PDF, PPT

Companies Dominating the Commercial Surge Protection Devices Landscape

    Due to the existence of numerous well-known firms, the industry might be characterized as extremely competitive. The market participants' primary tactics include the creation of new products, capacity growth, mergers and acquisitions, strategic alliances, partnerships, and agreements, as well as funding for R&D. Businesses like General Electric Company are concentrating especially on offering surge protectors for wall taps and power strips. Key manufacturers are concentrating on expanding their product portfolios after realizing that product quality is the most important factor in the industry. The main focus of major businesses is on creating complex and inventive products that are the result of intensive research and development.

    Here are some leading players in the commercial surge protection devices market:

    • Littelfuse, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • ABB
    • Belkin
    • Bourns, Inc.
    • CG Power and Industrial Solutions Limited
    • Eaton
    • Emerson Electric Co.
    • General Electric
    • Raycap

Browse Key Market Insights with Data Illustration:

In the News

  • In July 2023, Bourns, Inc., a prominent producer and supplier of electronic components for power, protection, and sensing systems, unveiled a high-performance DC Surge Protective Device (SPD) Series. A new series of DIN Rail general purpose SPDs with pluggable/replaceable modules, the Bourns Model 1420A Series SPDs may provide surge rates of up to 50 kA in various configurations.
  • In July 2023, Raycap, a global producer of electrical components for monitoring systems, connection, surge protection, and surge protection solutions, is adding a new model of surge protection junction box for PV inverters to safeguard DC-side power. The ProTec PV Box 7Y, which is ready to attach, is a very small three-string solution that provides dependable protection against surge-related damage.

Author Credits:  Dhruv Bhatia


  • Report ID: 6639
  • Published Date: Nov 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The commercial surge protection devices market size was USD 1.7 billion in 2024.

The global commercial surge protection devices market size was US 1.7 billion in 2024 and is likely to reach USD 3.8 billion by the end of 2037, expanding at a CAGR of 6.5% over the forecast period, i.e., 2025-2037.

ABB, Belkin, Bourns, Inc., CG Power and Industrial Solutions Limited, Eaton, Emerson Electric Co., General Electric, Raycap, GEYA Electrical Equipment Supply are some key players in the market.

The type 1 segment is expected to hold a leading share during the forecast period.

Asia Pacific is projected to offer lucrative prospects with a share of 26.3% during the forecast period.
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