PUBLISHER: QYResearch | PRODUCT CODE: 1207460
PUBLISHER: QYResearch | PRODUCT CODE: 1207460
Due to the COVID-19 pandemic, Due to the COVID-19 pandemic, the global Surge Protection Devices (SPDs) market is expected to reach $ 2533.21 million by 2028 from $ 2311.91 million in 2022, growing at a CAGR of 1.54% from 2021 to 2028. And it is expected to reach 387341.4 K Units in 2028 in terms of volume. As the same time, the market would still face such risks, including the prolonged US-China trade friction, the UK's withdrawal from the EU, and Japan-South Korea relations deteriorate, as well as the economy deteriorated sharply toward the end of the year due to the spread of new coronavirus infections.
Surge Protection Devices (SPDs) industry is developing with fierce competition. Phoenix is the world leading manufacturer in global Surge Protection Devices (SPDs) market with the market share of 6.77%, in terms of revenue, followed by Phoenix, ABB, Emerson, DEHN SE, Eaton, Siemens, ZG, Citel, Obo Bettermann, Schneider, Weidmuller, Littelfuse, Mersen Electrical, NVent, Philips, LEIAN, HPXIN, MVC-Maxivolt, ASP, Legrand, JMV, Chengdu Pedaro Technology, Xiamen SET, C-Power, MCG Surge Protection, Leviton and KEANDA. These 27 companies accounted for 56% of the revenue market share in 2021.
The global Surge Protection Devices (SPDs) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Surge Protection Devices (SPDs) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.