DUBLIN, June 02, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/s7twpm/surge_protection) has announced the addition of the "Surge Protection Devices Market by device Type from 1 to 5, End User, & by Region - Global Forecast and Trends to 2019" report to their offering.
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.
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.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Power Surge Protection Device Market, By Type
8 Power Surge Protection Device Market, By End-User
9 Power Surge Protection Device Market, By Region
10 Competitive Landscape
11 Company Profiles
- ABB Ltd.
- Advanced Protection Technologies Inc.
- Belkin International
- Crompton Greaves
- Emerson Electric Co.
- General Electric (GE Digital Energy )
- Schneider Electric SE
- Siemens AG
- Tripp Lite
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SOURCE Research and Markets