HOME Top Market Reports Surge Protection Devices Market by device Type from 1 to 5, End User (Industrial, Commercial and Residential), & by Region (North and South Americas, Asia-Pacific, Europe, Middle East & Africa) - Global Forecast and Trends to 2019

Surge Protection Devices Market by device Type from 1 to 5, End User (Industrial, Commercial and Residential), & by Region (North and South Americas, Asia-Pacific, Europe, Middle East & Africa) - Global Forecast and Trends to 2019

By: marketsandmarkets.com
Publishing Date: May 2015
Report Code: EP 3393

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Surge protector is an appliance designed to protect electrical devices from voltage spikes. Surge protective devices assist in the protection of valuable electrical and electronic equipment against transients, which can be originating from lightning and also from switching sources. SPD’s are based on gas discharge tubes (GDTs), voltage clamping diodes, and metal-oxide varistors (MOVs) which can control the voltage automatically once the overvoltage has ceased. Factors driving the power SPD market include rise in alternative energy programs in emerging economies, high cost due to equipment downtime and data losses, growing demand of electronic appliances, hassle free installation and lower maintenance cost.

Global power surge protection device market size is valued at USD 2.09 Billion in 2014 and is expected to grow at a CAGR of 5.3% during 2014-2019. Power SPD market is segmented on the basis of type, end-user, and region. The years considered for the study are:

  • Historical Year – 2012
  • Base Year – 2013
  • Estimated Year – 2014
  • Projected Year – 2019
  • Forecast Period – 2014 to 2019

For company profiles in the report, 2013 has been considered. Where information is unavailable for the base year, the prior year has been considered.

Research Methodology

This research study involves extensive usage of secondary sources, directories, and databases (such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource) to identify and collect information useful for this technical, market-oriented, and commercial aspects of power surge protection devices. The below explain the research methodology.

  • Analysis of on-going alternative energy programs in the major countries within several regions
  • Identification of number of policies enacted for renewable energy by the government
  • Analysis of loss occur due to power quality issues in various countries
  • Analysis of country-wise industrial growth rate for the past three years
  • Estimation of cost of surge protection device in various regions using the cost variance models
  • Secondary has been conducted to find out power surge protection device based on type required across different industries and the commercial sector
  • Overall market size values are finalized by triangulation with the supply side data which include the product developments, and supply chain of SPD’s across the globe

After arriving at the overall market size the total market has been split into several segments and sub-segments. The figure below shows the break-down of the primaries on the basis of company, designation, and region, conducted during the research study.

Power Surge Protection Device Market

Power Surge Protection Device Market

The study answers several questions for the stakeholders which include power surge protection device manufacturers, dealers, and supplier, consulting companies in the energy and power sector, government utility provider, private utility providers, private customers, network operators, communication vendors, surge protectors component manufacturers and venture capital firms. It provides information about market segments to focus on for the next two to five years for prioritizing efforts and investments.

Scope of the Report:

  • By Type
    • Type1
    • Type2
    • Type3
    • Type4
    • Type5
  • By End User
    • Residential
    • Commercial
    • Industrial
  • By Region
    • North America
    • South America
    • Europe
    • APAC
    • The Middle East & Africa

Market share analysis, by revenue, of the top companies is also included in the report. The scope accordingly aids market participants to identify high growth markets and help managing key investment decisions. For this report, major players in the power surge protection device market have been identified via various primary and secondary sources, which include annual reports of top market players, interviews with key opinion leaders such as CEOs, directors, and marketing people.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the Company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of power SPD market into countries by type

Company Information

  • Detailed analysis and profiling of additional market players (Up-to 5)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Key Data From Secondary Sources
           2.1.3 Primary Data
           2.1.4 Key Data From Primary Sources
                    2.1.4.1 Key Industry Insights
                    2.1.4.2 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand Side Analysis
                    2.2.2.1 Increasing Demand for Home Appliances, Personal Computers, and Installation of High-End Industrial Electronic Equipment.
                    2.2.2.2 Rise in Alternative Energy Programs
           2.2.3 Supply Side Analysis
                    2.2.3.1 High-Cost Due to Equipment Downtime
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions & Limitations
           2.5.1 Assumptions
           2.5.2 Limitations

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 28)
    4.1 North America: the Largest Market During the Forecast Period for Power Surge Protection Device Market
    4.2 Power Surge Protection Device Market Size, By End-User, 2019
    4.3 Power Surge Protection Device Market: By Type
    4.4 European Power Surge Protection Device Market
    4.5 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Demand for Electronic Devices
                    5.2.1.2 Ongoing Power Quality Issues
                    5.2.1.3 Rise in Alternative Energy Programs
                    5.2.1.4 High Cost Due to Equipment Failure Through Voltage Spikes
           5.2.2 Restraints
                    5.2.2.1 Spds are Limited Only to Voltage Spikes and Surges
                    5.2.2.2 Additional Cost for Installation
           5.2.3 Opportunity
                    5.2.3.1 Emerging Economies & Increased Investment in Renewable Energy Sector
           5.2.4 Challenges
                    5.2.4.1 Poor Design Parameters and Misleading Assumptions
                    5.2.4.2 Inappropriate Testing
                    5.2.4.3 Fire and Safety Issues
    5.3 Impact of Market Dynamics

6 Industry Trends (Page No. - 39)
    6.1 Introduction
    6.2 Power Surge Protection Device Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of Substitutes
           6.3.2 Threat of New Entrants
           6.3.3 Bargaining Power of Buyers
           6.3.4 Bargaining Power of Suppliers
           6.3.5 Intensity of Competitive Rivalry

7 Power Surge Protection Device Market, By Type (Page No. - 43)
    7.1 Introduction
           7.1.1 Type 1 Surge Protectors
                    7.1.1.1 By Region
           7.1.2 Type 2 Surge Protectors
                    7.1.2.1 By Region
           7.1.3 Type 3 Surge Protectors
                    7.1.3.1 By Region
           7.1.4 Type 4 Surge Protectors
                    7.1.4.1 By Region
           7.1.5 Type 5 Surge Protectors
                    7.1.5.1 By Region

8 Power Surge Protection Device Market, By End-User (Page No. - 51)
    8.1 Introduction
           8.1.1 Industrial Power Surge Protection Device
           8.1.2 Commercial Power Surge Protection Device
           8.1.3 Residential Power Surge Protection Device

9 Power Surge Protection Device Market, By Region (Page No. - 56)
    9.1 Introduction
    9.2 By Region
    9.3 North America
           9.3.1 By Country
                    9.3.1.1 United States
                    9.3.1.2 Canada
                    9.3.1.3 Others
    9.4 South America
           9.4.1 By Country
                    9.4.1.1 Brazil
                    9.4.1.2 Argentina
                    9.4.1.3 Chile
                    9.4.1.4 Colombia
                    9.4.1.5 Others
    9.5 Europe
           9.5.1 By Country
                    9.5.1.1 U.K.
                    9.5.1.2 Germany
                    9.5.1.3 France
                    9.5.1.4 Russia
                    9.5.1.5 Others
    9.6 Asia-Pacific
           9.6.1 By Country
                    9.6.1.1 China
                    9.6.1.2 Australia
                    9.6.1.3 India
                    9.6.1.4 Japan
                    9.6.1.5 Others
    9.7 Middle East & Africa
           9.7.1 By Country
                    9.7.1.1 UAE
                    9.7.1.2 Saudi Arabia
                    9.7.1.3 Kuwait
                    9.7.1.4 South Africa
                    9.7.1.5 Egypt
                    9.7.1.6 Others

10 Competitive Landscape (Page No. - 87)
     10.1 Overview
             10.1.1 Market Share Analysis
     10.2 Market Share Analysis, By Key Players
     10.3 Competitive Situation & Trends
             10.3.1 New Product Launches
             10.3.2 Contracts & Agreements
             10.3.3 Mergers & Acquisitions
             10.3.4 Expansions

11 Company Profiles (Page No. - 96)
     11.1 Introduction
(Overview, Financials, Products & Services, Strategy, and Developments)*
     11.2 ABB Ltd.
     11.3 Siemens AG
     11.4 Schneider Electric SE
     11.5 Belkin International
     11.6 Eaton
     11.7 Emerson Electric Co.
     11.8 Advanced Protection Technologies Inc.
     11.9 Crompton Greaves
     11.10 General Electric  (GE Digital Energy )
     11.11 Leviton
     11.12 Littlefuse
     11.13 Tripp Lite

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 134)
     12.1 Discussion Guide
     12.2 Introducing Rt: Real Time Market Intelligence
     12.3 Avaliable Customizations
     12.4 Related Reports


List of Tables (70 Tables)

Table 1 Asia Pacific: Country Analysis, 2013
Table 2 Impact of Market Dynamics
Table 3 Power Surge Protection Device Market Size, By Type, 2012–2019 ($Million)
Table 4 Type 1 Surge Protection Device Market Size, By Region, 2012–2019 ($Million)
Table 5 Type2 Surge Protection Device Market Size, By Region, 2012–2019 ($Million)
Table 6 Type3 Surge Protection Device Market Size, By Region, 2012–2019 ($Million)
Table 7 Type4 Surge Protection Device Market Size, By Region, 2012–2019 ($Million)
Table 8 Type5 Surge Protection Device Market Size, By Region, 2012–2019 ($Million)
Table 9 Power Surge Protection Device Market Size, By End-User,   2012-2019 ($Million)
Table 10 Industrial Power Surge Protection Device Market Size, By Region,  2012-2019 ($Million)
Table 11 Commercial Power Surge Protection Device Market Size, By Region,  2012-2019 ($Million)
Table 12 Residential Power Surge Protection Device Market Size, By Region,  2012-2019 ($Million)
Table 13 Power Surge Protection Device Market Size, By Region, 2012–2019 ($Million)
Table 14 Power Surge Protection Device Market Size, By Top Five Countries, 2012–2019 ($Million)
Table 15 North America: Power Surge Protection Device Market Size, By Country,2012–2019 ($Million)
Table 16 North America: Power Surge Protection Device Market Size, By Type, 2012–2019 ($Million)
Table 17 North America: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 18 U.S.: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 19 U.S Power Surge Protection Device Market Size, By Type, 2012-2019 ($Million)
Table 20 U.S.: Renewable Consumption, 2013–2016 (Quadrillion Btu)
Table 21 Canada: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 22 Canada Power Surge Protection Device Market Size, By Type,   2012-2019 ($Million)
Table 23 Others: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 24 South America: Power Surge Protection Device Market Size, By Country 2012–2019 ($Million)
Table 25 South America: Power Surge Protection Device Market Size, By Type, 2012–2019 ($Million)
Table 26 South America: Power Surge Protection Device Market Size,  By End-User, 2012–2019 ($Million)
Table 27 Brazil: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 28 Brazil Power Surge Protection Device Market Size, By Type,  2012-2019 ($Million)
Table 29 Argentina: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 30 Argentina Power Surge Protection Device Market Size, By Type,  2012-2019 ($Million)
Table 31 Chile: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 32 Colombia: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 33 Others: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 34 Europe: Power Surge Protection Device Market Size, By Country, 2012–2019 ($Million)
Table 35 Europe: Power Surge Protection Device Market Size, By Type,  2012–2019 ($Million)
Table 36 Europe: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 37 U.K.: Power Surge Protection Device Market Size, By End-User,  2012–2019 ($Million)
Table 38 U.K. Power Surge Protection Device Market Size, By Type, 2012-2019 ($Million)
Table 39 Germany: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 40 Germany Power Surge Protection Device Market Size,  By type,  2012-2019 ($Million)
Table 41 France: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 42 Russia: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 43 Others: Power Surge Protection Device Market Size, By End-User,2012–2019 ($Million)
Table 44 Asia-Pacific Power Surge Protection Device Market Size, By Country, 2012–2019 ($Million)
Table 45 Asia-Pacific: Power Surge Protection Device  Market Size, By Type, 2012–2019 ($Million)
Table 46 Asia-Pacific: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 47 China: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 48 China: Power Surge Protection Device  Market Size, By Type,  2012–2019 ($Million)
Table 49 Australia: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 50 India: Power Surge Protection Device  Market Size, By End-User,  2012–2019 ($Million)
Table 51 India Power Surge Protection Device Market Size, By Type,   2012-2019 ($Million)
Table 52 Japan: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 53 Others: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 54 Middle East & Africa: Power Surge Protection Device Market Size,  By Country, 2012–2019 ($Million)
Table 55 Middle East & Africa: Power Surge Protection Device Market Size, By Type, 2012–2019 ($Million)
Table 56 Middle East & Africa: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 57 UAE: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 58 UAE Power Surge Protection Device Market Size, By Type, 2012-2019 ($Million)
Table 59 Saudi Arabia: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 60 Saudi Arabia Power Surge Protection Device Market Size, By Type,   2012-2019 ($Million)
Table 61 Kuwait: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 62 South Africa: Power Surge Protection Device  Market Size, By End-User, 2012–2019 ($Million)
Table 63 Egypt: Power Surge Protection Device  Market Size, By End-User,  2012–2019 ($Million)
Table 64 Others: Power Surge Protection Device Market Size, By End-User, 2012–2019 ($Million)
Table 65 New Product Launches, 2011-2014
Table 66 Contracts & Agreements, 2012-2013
Table 67 Mergers & Acquisitions, 2011-2014
Table 68 Expansions, 2011-2014
Table 69 Products & Services: ABB Ltd.
Table 70 Products & Services: Thomas & Betts
 
 
List of Figures (36 Figures)
 
Figure 1 Markets Covered: Power Surge Protection Device Market
Figure 2 Power Surge Protection Device Market: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Assumptions of the Research Study
Figure 6 Limitations of the Research Study
Figure 7 Power Surge Protection Device Market Share (Value), By Type,  2014 & 2019
Figure 8 Power Surge Protection Device Market Share (Value), By End-User, 2014 & 2019
Figure 9 Regional Market Trends, Power Surge Protection Device Market, 2013
Figure 10 Attractive Market Opportunities in the Power Surge Protection Device Market
Figure 11 Power Surge Protection Device Market Share (Value),   By Country, 2013
Figure 12 North America to Continue Dominating the Power Surge Protection Device Market During the Next Five Years
Figure 13 Type 2 SPD is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Industrial End Users Account for the Largest Share in the European Market
Figure 15 North America Dominates the Global Power Surge Protection Device Market
Figure 16 Power Surge Protection Device Market Value Chain
Figure 17 Porter’s Five Force Analysis: Power Surge Protection Device Market
Figure 18 Power Surge Protection Device Market: Global Perspective
Figure 19 Type 2 SPDS Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Power Surge Protection Device Market Size, By End-User, 2014 & 2019
Figure 21 Industrial Application Would Drive the Power Surge Protection Device Market
Figure 22 Regional Snapshot: Rapid Growth Markets are Emerging as New Hot Spots
Figure 23 China is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Asia-Pacific is the Expected to Grow at the Fastest Rate During the Forecast Period
Figure 25 Companies Adopted New Product Developments as the Key Growth Strategy in the Past Three Years, 2011  -2014
Figure 26 Eaton Corporation Grew at the Highest Rate During 2011-2013
Figure 27 Market Evaluation Framework
Figure 28 Battle for Market Share: New Product/Technology Launch is the Key Strategy
Figure 29 Geographic Revenue Mix of the Top Market Players
Figure 30 ABB Ltd.: Company Snapshot
Figure 31 Siemens AG: Company Snapshot
Figure 32 SWOT Analysis
Figure 33 Schneider Electric SE: Company Snapshot
Figure 34 Eaton Corporation PLC.: Company Snapshot
Figure 35 Emerson Electric Co.: Company Snapshot
Figure 36 GE: Business Overview

A surge is high amplitude short-duration electrical fluctuation that can cause serious damage to electrical, electronic, and electro-mechanical equipment. These transients or surges can cause damage ranging from the premature ageing of equipment, logic failures, and down time, to the complete destruction of equipment within the entire electrical installation. Products such as LCD screens, data servers and industrial control equipment such as microwaves, washing machines, and alarms are very sensitive and could be easily damaged by small fluctuation in the voltage. Surge protection can save expensive electronic items and equipment from being destroyed.

Surge protector is an appliance designed to protect electrical devices from voltage spikes. Surge protective devices assist in the protection of valuable electrical and electronic equipment against transients, which can originating from lightning and also from switching sources. Power surge protection devices are based on Gas Discharge Tubes (GDTs), voltage clamping diodes, and Metal-oxide Varistors (MOVs), which can control the voltage automatically once the overvoltage has ceased. Power surge protection devices, by type, have been categorized into Type 1, Type 2, Type 3, Type 4, and Type 5. These can be applied for commercial, residential, and industrial purposes.

Type 1 power surge protection devices are the permanently connected, hard-wired device, intended for installation between the secondary of the service transformer and the line side of the main service equipment. Type 1devices can be installed anywhere within the distribution system. Type 2 power surge protection devices are intended for installation on the load side of the main service equipment.

Type 3 power surge protection devices are cord-connected surge strips or direct plug-in SPDs, installed basically on computers, photocopy machines, and others. Type 4 power surge protection devices provide surge protection for industrial applications such as factory automation servo motors, drives, and PLCs. Type 5 SPDs are generally the components used in the design and construction of complete power surge protection devices.

The power surge protection device market has also been segmented into three types, on the basis of end users namely industrial, residential and commercial. Industrial segment is expected to dominate the segment globally in 2013. The dominance of this segment is due to growing industrialization in emerging countries across the globe. The increasing automation in both manufacturing and processing industry has increased the demand for surge protection devices in the industrial machineries and equipment. Commercial sector is analysed to be the fastest growing application segment for surge protection devices and is expected to attain a significant growth in the coming future. Growing business and rapid industrialization in the emerging economies of Asia-Pacific and the Middle East & African region are further expected to drive growth in the surge protection devices market over the forecast period from 2014 to 2020. The figure below talks about the power surge protection device market share, based on regions, as of 2013.

Power Surge Protection Device Market Size by Region, 2013

Power Surge Protection Device Market

In 2013, in the global power surge protection device market, North America accounted for the largest market. The Asia-Pacific market holds the second position, and its growth is high, because of Chinese government is investing massively in the expansion of the nation’s energy infrastructure to keep up with the rapidly increasing power demand.

In terms of type, Type 4 power surge protection devices and Type 1 power surge protection devices dominate the market with a share of 26% and 25% respectively in 2013. Type 1 power surge protection devices are designed to be installed where the risk of a direct lightning strike is high, especially when the building is equipped with an external lightning protection system.  Type 4 power surge protection devices find their major application in factory automation, servo drives, motors, PLCs, industries, commercial equipment cabinet, and control panels.

Region-wise, the market has been studied for different regions such as the North America, South America, Asia-Pacific, Europe, and the Middle East & Africa.  The market size has been analyzed in detail for all the major countries. The study covers different strategies such as contract agreements, mergers & acquisitions, region-wise expansions, and others. ABB Limited (Switzerland), Eaton Corporation (Ireland), Emerson Electric Corporation (U.S.), Siemens AG (Germany),  Schneider Electric SA (France), Belkin International (U.S.), and Advanced Protection Technologies (U.S.) are the dominant market leaders providing specialized products and services.

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