The Europe Surge Protector Market would witness market growth of 5.4% CAGR during the forecast period (2021-2027).
A conventional surge protector distributes electrical electricity to a number of devices hooked into the power strip via the outlet. The protector will channel any excess power into the outlet grounding wire if the voltage rises over the permitted threshold. Alongside to the hot and neutral wires are grounding wires. In case of the breakdown of the system of hot and neutral wires, they give a channel for electrical current to follow. A surge is defined as a voltage rise that lasts three nanoseconds or longer. A spike is defined as a voltage surge that lasts only few nanoseconds.
The German Insurance Association (GDV) provides information on a regular basis, enabling for inferences to be reached about overall losses due to various reasons. Surge voltages and ightning strikes inflict the most damage after fires and storms. In 2012, they accounted for 18 percent of all insured products damaged.
The Building Regulations for England and Wales, published in 2010, require that appropriate provisions be made in the design and implementation of electrical equipment in residences to safeguard those who use, maintain, or change the installations from damage or injury. Approved Document P, Electrical Safety –Dwellings, is a companion document that provides practical assistance for satisfying the Building Regulations requirements that has been approved by the Secretary of State.
The Germany market dominated the Europe Surge Protector Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $320.3 million by 2027. The UK market would witness a CAGR of 4.5% during (2021 - 2027). Additionally, The France market is anticipated to grow a CAGR of 6.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Surge Protector Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Surge Protector Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 8 Europe Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 9 Europe Type 1 Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Type 1 Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Type 2 Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Type 2 Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Type 3 Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Type 3 Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 16 Europe Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 17 Europe High Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe High Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Medium Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Medium Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Low Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Low Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 24 Europe Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 25 Europe Offline Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Offline Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Online Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe Online Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 30 Europe Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 31 Europe Industrial Market by Country, 2017 - 2020, USD Million
TABLE 32 Europe Industrial Market by Country, 2021 - 2027, USD Million
TABLE 33 Europe Commercial Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Commercial Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Residential Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Residential Market by Country, 2021 - 2027, USD Million
TABLE 37 Europe Surge Protector Market by Country, 2017 - 2020, USD Million
TABLE 38 Europe Surge Protector Market by Country, 2021 - 2027, USD Million
TABLE 39 Germany Surge Protector Market, 2017 - 2020, USD Million
TABLE 40 Germany Surge Protector Market, 2021 - 2027, USD Million
TABLE 41 Germany Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 42 Germany Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 43 Germany Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 44 Germany Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 45 Germany Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 46 Germany Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 47 Germany Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 48 Germany Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 49 UK Surge Protector Market, 2017 - 2020, USD Million
TABLE 50 UK Surge Protector Market, 2021 - 2027, USD Million
TABLE 51 UK Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 52 UK Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 53 UK Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 54 UK Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 55 UK Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 56 UK Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 57 UK Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 58 UK Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 59 France Surge Protector Market, 2017 - 2020, USD Million
TABLE 60 France Surge Protector Market, 2021 - 2027, USD Million
TABLE 61 France Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 62 France Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 63 France Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 64 France Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 65 France Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 66 France Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 67 France Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 68 France Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 69 Russia Surge Protector Market, 2017 - 2020, USD Million
TABLE 70 Russia Surge Protector Market, 2021 - 2027, USD Million
TABLE 71 Russia Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 72 Russia Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 73 Russia Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 74 Russia Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 75 Russia Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 76 Russia Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 77 Russia Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 78 Russia Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 79 Spain Surge Protector Market, 2017 - 2020, USD Million
TABLE 80 Spain Surge Protector Market, 2021 - 2027, USD Million
TABLE 81 Spain Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 82 Spain Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 83 Spain Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 84 Spain Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 85 Spain Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 86 Spain Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 87 Spain Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 88 Spain Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 89 Italy Surge Protector Market, 2017 - 2020, USD Million
TABLE 90 Italy Surge Protector Market, 2021 - 2027, USD Million
TABLE 91 Italy Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 92 Italy Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 93 Italy Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 94 Italy Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 95 Italy Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 96 Italy Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 97 Italy Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 98 Italy Surge Protector Market by Application, 2021 - 2027, USD Million
TABLE 99 Rest of Europe Surge Protector Market, 2017 - 2020, USD Million
TABLE 100 Rest of Europe Surge Protector Market, 2021 - 2027, USD Million
TABLE 101 Rest of Europe Surge Protector Market by Type, 2017 - 2020, USD Million
TABLE 102 Rest of Europe Surge Protector Market by Type, 2021 - 2027, USD Million
TABLE 103 Rest of Europe Surge Protector Market by Voltage, 2017 - 2020, USD Million
TABLE 104 Rest of Europe Surge Protector Market by Voltage, 2021 - 2027, USD Million
TABLE 105 Rest of Europe Surge Protector Market by Sales Channel, 2017 - 2020, USD Million
TABLE 106 Rest of Europe Surge Protector Market by Sales Channel, 2021 - 2027, USD Million
TABLE 107 Rest of Europe Surge Protector Market by Application, 2017 - 2020, USD Million
TABLE 108 Rest of Europe 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