Surge Protection Device Market grows to 2.68 billion till 2022
Surge Protection Device Market grows to 2.68 billion till 2022
Due to growing demand for surge protection systems for electronic devices and power quality issues, the worth of surge protection device market is increased significantly.
According to the research of the power times, the surge protection device market is expected to grow from an estimated USD 2.06 Billion in 2017 to USD 2.68 Billion by 2022, registering a CAGR of 5.47%, from 2017 to 2022.
The top players in surge protection are developing in intense market competitions, and are trying to increase their market shares. Obliviously, it will be a hard war for them.
