Surge Protector (SPD): a device used to limit transient overvoltage and to separate surge current. Surge protectors are mainly used in low-voltage distribution systems and information systems for protection against lightning overvoltage, operational overvoltage, lightning electromagnetic pulse and electromagnetic interference pulse. If the high-voltage side to guard against overvoltage above, the use of lightning arrester
Global Market Surge Protectors Market Size: 2017 VS 2021 VS 2028
The global Surge Protectors (SPD) market size reached USD 2247.12 million in 2021 and is expected to reach USD 2533.21 million by 2028, at a Compound Annual Growth Rate (CAGR) of 1.54%.
At the regional level, the Chinese market has changed rapidly in the past few years, with a market size of $662.65 million in 2021, accounting for approximately 29.49% of the global market, and is expected to reach $785.29 million in 2028, when the global share will reach 31%.
Since the mid-1980s, China's surge protector industry began to gradually establish, to the early 1990s, with the establishment of national meteorological lightning protection and disaster reduction related regulations, especially the guidance and implementation of a number of industry regulations, the development of the domestic surge protector market stepped into the fast lane, the past 20 years the industry went through an explosive growth.
Currently, the domestic surge protector technology and process development is rapidly changing, and presents a hundred competing trends. Such as core devices using new technology, new formulations to improve SPD performance; adding new temperature protection technology, overcurrent protection technology makes SPD reliability greatly improved; the use of new materials, industrial design enhancement, the application of 3D printing, making the SPD performance is more reliable, the appearance is more beautiful; SPD real-time monitoring of the state of easy to manage and so on.
China's lightning protection industry is in a stage of rapid development, the industry's enterprise scale is generally small, the market concentration is not high, the competition pattern is relatively decentralized.
As different industries have different application environments and operational requirements, their lightning protection application industry standards are different, the certification standards are different, the threshold of cross-industry application of lightning protection products is higher, resulting in a more decentralized situation in the lightning protection industry. Scattered pattern in the overall industry to achieve a strong competitive advantage in the enterprise, in addition to PHOENIX CONTACT, DEHN, OBO and other international brands, mainly for the Sichuan Zhongguang, Lei An, Hai Pengxin, Ke Anda, Lei Xun, calibration and other sales revenue of the top of the domestic enterprises.
With the rapid development of the electronic information industry in the future, lightning protection awareness continues to improve, lightning protection products continue to expand the application industry, lightning protection industry concentration is getting higher and higher, in the market competition with the international leading enterprises, with independent intellectual property rights, the industry chain is complete enterprises will gradually occupy a favorable position.
From the industry's technological development prospects, the development trend of surge protectors have:
(1) from the crude to the refinement of the direction of development
With the development of electronic technology, the internal structure of the new equipment is becoming more and more centralized, more and more refined components, making the equipment to withstand overvoltage, overcurrent ability to decline, more susceptible to lightning damage. Future lightning protection products should be lower residual voltage, protection should be more refined.
(2) from a single protection to the integrated protection development direction
With the application of system integration technology, the design of various types of electronic equipment is increasingly miniaturized, the integration of surge protectors put forward new requirements, the need for SPD has a variety of functions, such as incidental filtering function of the surge protector.
(3) from passive lightning protection to active lightning protection development
Existing lightning protection project design, mostly relying on the experience of the designers. With the lightning monitoring products are vigorously promoted and widely used, designers can be based on the local lightning frequency, amplitude and direction of the monitoring results, change passive into active, design the optimal lightning protection project.
