The Asia Pacific Surge Protector Market would witness market growth of 5.9% CAGR during the forecast period (2021-2027).
Surge protectors are grouped into three categories based on their installation and protection capabilities: Service Entrance, Whole-Home, and Receptacle. Protective devices for service entrances have a longer lifespan and guard against power grid surges that might cause damage. These may be seen in many homes and apartment buildings. The wiring on such surge protectors is a little intricate, and it takes a lot of practise to connect or unhook from the main supply.
Whole-home protectors are constructed similarly to Type 1 protectors, except they may be installed by the user. The design and configuration of such devices allow them to safeguard a single circuit or several circuits throughout the home. This sort of surge protection may protect both lesser and bigger surge levels, depending on the model.
According to the China Electronic Information Industry Development (CCID), a government-backed think tank, the country would invest CNY10 trillion (US$1.4 trillion) on new infrastructure projects throughout 2020 and 2025. Investments in renewable energy and domestic construction projects will also contribute to the industry's growth. As a result, the growing real estate sector will raise the demand for surge protectors to ensure people's safety. As a result, the expansion of the regional market will be accelerated.
The China market dominated the Asia Pacific Surge Protector Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $391.3 million by 2027. The Japan market is experiencing a CAGR of 5.3% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 6.5% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Surge Protector Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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.
TABLE 1 Asia Pacific Surge Protector Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Type 1 Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Type 1 Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Type 2 Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Type 2 Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Type 3 Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Type 3 Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 17 Asia Pacific High Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific High Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Medium Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Medium Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Low Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Low Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Offline Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Offline Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Online Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Online Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Industrial Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Industrial Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Commercial Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Commercial Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Residential Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Residential Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Surge Protector Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Surge Protector Market by Country, 2021 - 2027, USD Million
TABLE 39 China Surge Protector Market, 2017 - 2020, USD Million
TABLE 40 China Surge Protector Market, 2021 - 2027, USD Million
TABLE 41 China Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 42 China Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 43 China Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 44 China Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 45 China Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 46 China Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 47 China Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 48 China Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 49 Japan Surge Protector Market, 2017 - 2020, USD Million
TABLE 50 Japan Surge Protector Market, 2021 - 2027, USD Million
TABLE 51 Japan Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 52 Japan Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 53 Japan Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 54 Japan Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 55 Japan Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 56 Japan Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 57 Japan Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 58 Japan Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 59 India Surge Protector Market, 2017 - 2020, USD Million
TABLE 60 India Surge Protector Market, 2021 - 2027, USD Million
TABLE 61 India Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 62 India Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 63 India Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 64 India Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 65 India Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 66 India Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 67 India Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 68 India Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 69 South Korea Surge Protector Market, 2017 - 2020, USD Million
TABLE 70 South Korea Surge Protector Market, 2021 - 2027, USD Million
TABLE 71 South Korea Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 72 South Korea Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 73 South Korea Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 74 South Korea Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 75 South Korea Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 76 South Korea Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 77 South Korea Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 78 South Korea Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 79 Singapore Surge Protector Market, 2017 - 2020, USD Million
TABLE 80 Singapore Surge Protector Market, 2021 - 2027, USD Million
TABLE 81 Singapore Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 82 Singapore Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 83 Singapore Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 84 Singapore Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 85 Singapore Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 86 Singapore Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 87 Singapore Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 88 Singapore Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 89 Malaysia Surge Protector Market, 2017 - 2020, USD Million
TABLE 90 Malaysia Surge Protector Market, 2021 - 2027, USD Million
TABLE 91 Malaysia Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 92 Malaysia Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 93 Malaysia Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 94 Malaysia Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 95 Malaysia Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 96 Malaysia Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 97 Malaysia Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 98 Malaysia Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 99 Rest of Asia Pacific Surge Protector Market, 2017 - 2020, USD Million
TABLE 100 Rest of Asia Pacific Surge Protector Market, 2021 - 2027, USD Million
TABLE 101 Rest of Asia Pacific Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 102 Rest of Asia Pacific Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 103 Rest of Asia Pacific Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 104 Rest of Asia Pacific Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 105 Rest of Asia Pacific Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 106 Rest of Asia Pacific Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 107 Rest of Asia Pacific Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 108 Rest of Asia Pacific Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 109 Key Information – Havells India Ltd.
TABLE 110 Key Information – ABB Group
TABLE 111 Key information – Honeywell International, Inc.
TABLE 112 Key information – Schneider Electric SE
TABLE 113 key information – Eaton Corporation PLC
TABLE 114 Key Information – Vertiv Holdings Co.
TABLE 115 Key Information – General Electric (GE) Co.
TABLE 116 Key Information – Siemens AG
TABLE 117 Key Information – Johnson Controls International PLC
TABLE 118 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