The analysts foresee recurrent equipment failures causing cost escalation, an increase in substitute energy programs, power quality problems, and hiking demand for electronic device protection systems to help speed up the growth of the world surge protection devices market.

1. Surge Protection Devices Market : Size will Escalate Rapidly in 2017 -
2025
Global Surge Protection Devices Market: Overview
Surge protection devices form an important element of electrical installation
protection systems for a range of applications such as communication and
automatic control buses, telephone networks, and electric power supply
networks. They are considered to be one of the most efficient and commonly
used types of overvoltage protection devices that protect from internal load
switching, utility switching, lightning, and other damaging transient effects.
Besides protecting sensitive electronic equipment, they can be implemented to
curb costly downtimes.

2. Global Surge Protection Devices Market: Key Trends
The analysts foresee recurrent equipment failures causing cost escalation, an
increase in substitute energy programs, power quality problems, and hiking
demand for electronic device protection systems to help speed up the growth
of the world surge protection devices market. Less developed economies are
anticipated to birth opportunities for market players to fight constraints such
as high installation cost of surge protection devices. Growth prospects in
different areas of the market could answer for other deterrents such as safety
issues, unfitting testing, confusing assumptions, and substandard design
parameters.
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The global surge protection devices market could see a classification on the
basis of discharge current. By type, plug-in surge protection devices are
forecasted to clasp a leading share in the market, whereas hard-wired surge

3. protection devices could secure a rising demand on the back of the primary
need for protection from surges for various equipment. Players in the market
are projected to leverage the new revenue pockets created through the
industrial segment by end use expected to grow at a faster rate. Initiatives
such as Industry 4.0 have increased the need for critical equipment including
communication systems, servers, and datacenters, and in turn, the requirement
of surge protection devices.
Global Surge Protection Devices Market: Market Potential
Top-rank Irish power management company, Eaton has released the all-new
modular device range MTL SD Modular that provides a higher level of
transient surge protection available for modular pluggable devices, i.e. up to
20 kA. Valuable distributed control systems and other instruments can be
completely and cost-effectively protected by MTL SD Modular. Eaton’s new
offering is expected to provide solutions for a more than 50.0% premature
electronic equipment failures due to maintenance negligence and surge-related
breakdowns.

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Global Surge Protection Devices Market: Regional Outlook
With quarrying, mining, construction, and manufacturing activities on the rise,
Eastern Europe is predicted to make the most of the demand for surge
protection devices. Since Eastern Europe is one of the low industrial
production areas, manufacturing facilities are increasingly transferring their
operations to the region in order to fill the gap. Moreover, the strategic
initiatives taken in Europe for the purpose of digitally developing
manufacturing, IT, and industrial sectors have surged the implementation of
networks, systems, and machines based on intelligent information and
communication technology (ICT). This is likely to aggravate the demand for
surge protection devices.
However, Asia Pacific is projected to register a higher growth on account of
urbanizing populations and propelling investments for modernizing

5. infrastructure in nations such as India and China. Major potential foreign
direct investment (FDI) gains, capital investment percentage, and a large-scale
move toward clean energy to satisfy spiraling energy requirement could help
Asia Pacific augment its further growth.
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Global Surge Protection Devices Market: Competitive Landscape
Followed by recognitions and awards, agreements and contracts, and
acquisitions and mergers, new product developments are envisaged to be a go-
to strategy of major players in the international surge protection devices
market. Emerson Electric Company, Schneider Electric SE, Siemens AG, and
ABB, Ltd. are expected to be the leading companies making their presence
known in the market.

6. The study presents reliable qualitative and quantitative insights into:
 Market segments and sub-segments
 Market trends and dynamics
 Supply and demand chain of the market
 Market valuation (revenue and/or volume)
 Key trends/opportunities/challenges
 Forces defining present and estimated future state of the competitive
landscape
 Technological developments
 Value chain and stakeholder analysis

7. The regional analysis covers:
 North America
 Latin America
 Europe
 Asia Pacific
 Middle East and Africa
The vast market research data included in the study is the result of extensive
primary and secondary research activities. Surveys, personal interviews, and
inputs from industry experts form the crux of primary research activities and
data collected from trade journals, industry databases, and reputable paid
sources form the basis of secondary research. The report also includes a
detailed qualitative and quantitative analysis of the market, with the help of
information collected from market participants operating across key sectors of
the market value chain. A separate analysis of macro- and micro-economic

8. aspects, regulations, and trends influencing the overall development of the
market is also included in the report.
Highlights of the report:
 A detailed analysis of key segments of the market
 Recent developments in the market’s competitive landscape
 Detailed analysis of market segments up to second or third level of
segmentation
 Historical, current, and projected future valuation of the market in terms
of revenue and/or volume
 Key business strategies adopted by influential market vendors
 Outline of the regulatory framework surrounding and governing
numerous aspects of the market
 Growth opportunities in emerging and established markets

9.  Recommendations to market players to stay ahead of the competition
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