Market Scope Market Research Future (MRFR) expects the global Surge Protection Devices (SPD) Market 2020 to achieve a growth rate of 5.5% during the projected timeframe, which is from 2018 to 2023 Main Drivers and Key Restraints  Constant efforts are being given by governments everywhere to mitigate issues pertaining to power supply, along with a surge in investments in the...

The global surge protection devices market size was valued at USD 1,783.4 million in 2023 and is poised to grow at a significant CAGR of 6.2% during the forecast period 2024 to 2030. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the...

Surge Protection Devices Market Synopsis: The rising demand in the power sector has generated demand for technological innovations in power infrastructure. This, in turn, is presumed to pave the way for the installation of surge protection devices on the global front over the next couple of years. This report by Market Research Future (MRFR) unravels that the global surge protection devices...