Surge Protection Devices Market Forecast 2014 - 2020

Transparency Market Research

Surge Protection Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date 07- August -2014

80 Page Report

Buy Now

Request Sample

Press Release

Global Surge Protection Devices Market is Expected to Reach USD 2,808.6 million in 2020: Transparency Market Research

Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

Surge Protection Devices Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research "Surge Protection Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020," global surge protection devices market was valued at USD 1,890.5 million in 2013; growing at a CAGR of 5.6% from 2014 to 2020 to account for USD 2,808.6 million in 2020. Increase in the usage of high technological electrical equipment with rise in disposable incomes and the reduction in maintenance costs, delays and data loss are the prime factors driving the surge protection devices market. The increasing demand for highly technological and sophisticated appliances such as LED televisions and personal computers are rising rapidly. These devices are very sensitive and could be easily damaged by small fluctuation in the voltage. In order to protect these devices from the power surges or spikes, the demand for surge protection devices is increasing. Browse the full Surge Protection Devices Market Report at

http://www.transparencymarketresearch.com/surge-protection-devices-market.html Line cord devices held the largest market revenue share accounting to USD 650.3 million in the year 2014. The hard wired devices segment is expected to grow at a faster rate than the other segments, as it protects against transients that come through utility power lines. Hard wired devices can prevent...