Report Highlights
U.S. Surge Protection Devices Market Size And Forecast
According to Verified Market Research, U.S. Surge Protection Devices Market was valued at USD 1118.01 million in 2019 and is projected to reach USD 1664.46 million by 2027, growing at a CAGR of 5.5% from 2020 to 2027.
U.S. Surge Protection Devices Market Outlook
Growing demand for protection systems in electronic appliances and the adoption of alternative energy programs are driving the U.S. surge protection devices market. Apart from this, characteristic of surge protection devices of providing safety only against voltage spikes and not close lightning strike might hamper the U.S market as the population requires a two in one option for their home due to volatile environmental conditions.
U.S. Surge Protection Devices Market Competitive Landscape
The “U.S. Surge Protection Devices Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Littelfuse, Inc., Emerson Electric Co., ABB, Ltd., Eaton Corporation, PLC., Siemens AG, Schneider Electric Se, General Electric Company, Advanced Protection Technologies, Inc., Belkin International, Leviton Manufacturing Company, Inc., Tripp Lite, Panamax, MVC-Maxivolt, REV Ritter GmbH , Raycap Corporation S.A. .
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