The North America Surge Protector Market would witness market growth of 5.3% CAGR during the forecast period (2021-2027).
Surge voltages of various forms can be found in electrical facilities and electronic devices. They differ mostly in terms of time and power. A surge voltage might last a few hundred microseconds, hours, or even days, based on the reason. The amplitude can vary within range of few millivolts and tens of thousands of volts. Surge voltages are caused by the direct or indirect repercussions of lightning strikes.
High surge currents with amplitude and frequency of up to 10 thousand amperes may happen here throughout the surge voltage. In this situation, the ramifications are very dire. This is due to the fact that the destructive impact is first and foremost determined by the strength of the corresponding surge voltage pulse. Depending on the origin, like lightning strikes, switching activities, or electrostatic discharges, the average length and magnitude of the surge voltage varies.
While working on or near exposed energized parts, adequate protection in the form of insulated tools, insulated protective equipment, arc-rated (AR) apparel, or other personal protective equipment (PPE) must be used as needed; other work, self-reliant of voltage, that poses a significant shock, or arc blast hazard to employees must be analyzed and appropriate controls provided. As a result, the regional market is expected to increase as a result of this aspect.
The US market dominated the North America Surge Protector Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,342.2 million by 2027. The Canada market is expected to witness a CAGR of 7.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 6.7% during (2021 - 2027).
Based on Type, the market is segmented into Type 1, Type 2, and Type 3. Based on Voltage, the market is segmented into High, Medium and Low. Based on Sales Channel, the market is segmented into Offline and Online. Based on Application, the market is segmented into Industrial, Commercial and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Surge Protector Market is Estimated to reach $5 Billion by 2027, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Havells India Ltd., ABB Group, Honeywell International, Inc., Schneider Electric SE, Eaton Corporation PLC, Vertiv Holdings Co., General Electric (GE) Co., Siemens AG, Johnson Controls International PLC, and Legrand S.A.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Voltage
By Sales Channel
By Application
- Industrial
- Commercial and
- Residential
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Havells India Ltd.
- ABB Group
- Honeywell International, Inc.
- Schneider Electric SE
- Eaton Corporation PLC
- Vertiv Holdings Co.
- General Electric (GE) Co.
- Siemens AG
- Johnson Controls International PLC
- Legrand S.A.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Surge Protector Market, by Type
1.4.2 North America Surge Protector Market, by Voltage
1.4.3 North America Surge Protector Market, by Sales Channel
1.4.4 North America Surge Protector Market, by Application
1.4.5 North America Surge Protector Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2020, Sep – 2022, Jan) Leading Players
Chapter 4. North America Surge Protector Market by Type
4.1 North America Type 1 Market by Country
4.2 North America Type 2 Market by Country
4.3 North America Type 3 Market by Country
Chapter 5. North America Surge Protector Market by Voltage
5.1 North America High Market by Country
5.2 North America Medium Market by Country
5.3 North America Low Market by Country
Chapter 6. North America Surge Protector Market by Sales Channel
6.1 North America Offline Market by Country
6.2 North America Online Market by Country
Chapter 7. North America Surge Protector Market by Application
7.1 North America Industrial Market by Country
7.2 North America Commercial Market by Country
7.3 North America Residential Market by Country
Chapter 8. North America Surge Protector Market by Country
8.1 US Surge Protector Market
8.1.1 US Surge Protector Market by Type
8.1.2 US Surge Protector Market by Voltage
8.1.3 US Surge Protector Market by Sales Channel
8.1.4 US Surge Protector Market by Application
8.2 Canada Surge Protector Market
8.2.1 Canada Surge Protector Market by Type
8.2.2 Canada Surge Protector Market by Voltage
8.2.3 Canada Surge Protector Market by Sales Channel
8.2.4 Canada Surge Protector Market by Application
8.3 Mexico Surge Protector Market
8.3.1 Mexico Surge Protector Market by Type
8.3.2 Mexico Surge Protector Market by Voltage
8.3.3 Mexico Surge Protector Market by Sales Channel
8.3.4 Mexico Surge Protector Market by Application
8.4 Rest of North America Surge Protector Market
8.4.1 Rest of North America Surge Protector Market by Type
8.4.2 Rest of North America Surge Protector Market by Voltage
8.4.3 Rest of North America Surge Protector Market by Sales Channel
8.4.4 Rest of North America Surge Protector Market by Application
Chapter 9. Company Profiles
9.1 Havells India Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.2 ABB Group
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.5.3 Geographical Expansions:
9.3 Honeywell International, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.4 Schneider Electric SE
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental And Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.5 Eaton Corporation PLC
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.6 Vertiv Holdings Co.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental And Regional Analysis
9.6.4 Research & Development Expense
9.7 General Electric (GE) Co.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.8 Siemens AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.9 Johnson Controls International PLC
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.10. Legrand S.A.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
TABLE 1 North America Surge Protector Market, 2017 - 2020, USD Million
TABLE 2 North America Surge Protector Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Surge Protector Market
TABLE 4 Product Launches And Product Expansions– Surge Protector Market
TABLE 5 Acquisition and Mergers– Surge Protector Market
TABLE 6 geographical expansions– Surge Protector Market
TABLE 7 North America Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 8 North America Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 9 North America Type 1 Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Type 1 Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Type 2 Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Type 2 Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Type 3 Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Type 3 Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 16 North America Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 17 North America High Market by Country, 2017 - 2020, USD Million
TABLE 18 North America High Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Medium Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Medium Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Low Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Low Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 24 North America Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 25 North America Offline Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Offline Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Online Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Online Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 30 North America Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 31 North America Industrial Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Industrial Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Commercial Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Commercial Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Residential Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Residential Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Surge Protector Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Surge Protector Market by Country, 2021 - 2027, USD Million
TABLE 39 US Surge Protector Market, 2017 - 2020, USD Million
TABLE 40 US Surge Protector Market, 2021 - 2027, USD Million
TABLE 41 US Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 42 US Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 43 US Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 44 US Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 45 US Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 46 US Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 47 US Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 48 US Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 49 Canada Surge Protector Market, 2017 - 2020, USD Million
TABLE 50 Canada Surge Protector Market, 2021 - 2027, USD Million
TABLE 51 Canada Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 52 Canada Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 53 Canada Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 54 Canada Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 55 Canada Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 56 Canada Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 57 Canada Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 58 Canada Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 59 Mexico Surge Protector Market, 2017 - 2020, USD Million
TABLE 60 Mexico Surge Protector Market, 2021 - 2027, USD Million
TABLE 61 Mexico Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 62 Mexico Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 63 Mexico Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 64 Mexico Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 65 Mexico Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 66 Mexico Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 67 Mexico Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 68 Mexico Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 69 Rest of North America Surge Protector Market, 2017 - 2020, USD Million
TABLE 70 Rest of North America Surge Protector Market, 2021 - 2027, USD Million
TABLE 71 Rest of North America Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 72 Rest of North America Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 73 Rest of North America Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 74 Rest of North America Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 75 Rest of North America Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 76 Rest of North America Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 77 Rest of North America Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 78 Rest of North America Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 79 Key Information – Havells India Ltd.
TABLE 80 Key Information – ABB Group
TABLE 81 Key information – Honeywell International, Inc.
TABLE 82 Key information – Schneider Electric SE
TABLE 83 key information – Eaton Corporation PLC
TABLE 84 Key Information – Vertiv Holdings Co.
TABLE 85 Key Information – General Electric (GE) Co.
TABLE 86 Key Information – Siemens AG
TABLE 87 Key Information – Johnson Controls International PLC
TABLE 88 key Information – Legrand S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2020, Sep – 2022, Jan) Leading Players
FIG 5 Recent strategies and developments: ABB Group
FIG 6 Recent strategies and developments: Schneider Electric SE
FIG 7 Recent strategies and developments: Eaton Corporation PLC