QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Power SPDs- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Power SPDs market, including market size, share, demand, industry development status, and forecasts for the next few years.
The global market for Power SPDs was estimated to be worth US$ 1630 million in 2024 and is forecast to a readjusted size of US$ 1968 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031.
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According to the new market research report “Power SPDs - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global Power SPDs market size is projected to reach USD 1.97 billion by 2031, at a CAGR of 2.7% during the forecast period.
Figure00001. Global Power SPDs Market Size (US$ Million), 2020-2031
Source: QYResearch, “Power SPDs – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
Figure00002. Global Power SPDs Top 28 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Source: QYResearch, “Power SPDs – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
According to QYResearch Top Players Research Center, the global key manufacturers of Power SPDs include Phoenix, ABB, Emerson, DEHN SE, Eaton, Siemens, Citel, Obo Bettermann, Schneider, Weidmüller, etc. In 2023, the global top 10 players had a share approximately 41.0% in terms of revenue.
Figure00003. Power SPDs, Global Market Size, Split by Product Segment
Source: QYResearch, “Power SPDs – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
In terms of product type, currently Class I Test SPD is the largest segment, hold a share of 44.3%.
Figure00004. Power SPDs, Global Market Size, Split by Application Segment
Source: QYResearch, “Power SPDs – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
In terms of product application, currently Communication is the largest segment, hold a share of 20.6%.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Power SPDs market is segmented as below:
By Company
Phoenix
ABB
Emerson
DEHN SE
Eaton
Siemens
Citel
Obo Bettermann
Schneider
Weidmüller
Raycap
ZG
Littelfuse
Mersen Electrical
NVent
Legrand
Philips
LEIAN
HPXIN
Chengdu Pedaro Technology
Xiamen SET
C-Power
MCG Surge Protection
ASP
Leviton
MVC-Maxivolt
JMV
KEANDA
Segment by Type
Class I Test SPD
Class II Test SPD
Class III Test SPD
Segment by Application
Communication
Construction
Electric Power
Transportation
Oil and Gas
PV
Wind Power
Others
Each chapter of the report provides detailed information for readers to further understand the Power SPDs market:
Chapter 1: Introduces the report scope of the Power SPDs report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Power SPDs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Power SPDs market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Power SPDs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Power SPDs in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Power SPDs competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Power SPDs comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Power SPDs market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Power SPDs Market Outlook, In Depth Analysis & Forecast to 2031
Global Power SPDs Market Research Report 2025
Global Power SPDs Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Surge Protection Devices (SPDs) for Electric Power System Market Outlook, In Depth Analysis & Forecast to 2031
Global Surge Protection Devices (SPDs) for Electric Power System Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
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Global Surge Protection Devices (SPDs) for Electric Power System Market Research Report 2025
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