Chicago, IL (Vocus) September 9, 2010
The latest research by NPD Group has found that Tripp Lite is the US market leader in surge suppressors in the power equipment category, with a 39% market share in Q1 2010.
The research shows that Tripp Lite’s lead in the surge suppressor market is strong and growing, both in terms of dollars and unit volume. In Q1 2010, volume was about 200,000, almost two-thirds of which were models described in the research as “high end” (MSRP of $10 or more). The data shows that Tripp Lite grew both dollar sales and unit volume sales while dominating in the high end of the market: 25% of Tripp Lite’s surge sales, measured by unit volume, were premium models (MSRP of $20 or more).
An extensive and growing selection of surge products helped Tripp Lite to solidify its leading position in the surge market:
- The premium Isobar® line (more than 16 million sold to date)
- Energy-efficient ECO-Surge™ Suppressors
- The popular Protect It™ line for home and office applications
- Audio/video surge suppressors and power centers
- Safety surge suppressors for commercial/industrial applications
- Rackmount surge suppressors for IT applications
Tripp Lite Surge Suppressors are available in a wide range of configurations including compact direct plug-in models. Available options include tel/DSL, Ethernet and coaxial line surge protection.
Other surge manufacturers included in the NPD Group research were APC, Belkin, Fellowes and Kensington.
About NPD Group
Founded in 1967, NPD Group is the leading global provider of consumer and retail market research information for a wide range of industries. NPD delivers targeted consumer market research, point-of-sale data and industry expertise across more industries than any other market research company. NPD has over 1,800 clients, ranging from Fortune 100 leaders to smaller businesses.
Media/Public Relations Manager
About Tripp Lite
Outstanding product reliability and exceptional service have been Tripp Lite trademarks for more than 85 years. Tripp Lite’s innovations include the world’s first UPS system designed specifically for personal computers, and the world’s most trusted premium surge suppressor--the Isobar®--with more than 16 million in use. Tripp Lite maintains the highest level of ready-to-ship inventory in the industry with more than 1,000 different products, including UPS systems, rack systems, PDUs, PowerAlert software for enterprise-level system management and control, surge suppressors, KVM switches, cables and connectivity products, inverters, power strips, notebook accessories and more. Headquartered in Chicago, Illinois, Tripp Lite maintains a global presence with fully staffed offices worldwide. Additional information, including a list of Tripp Lite’s sales offices and authorized reseller partners, can be found by visiting Tripp Lite’s website: http://www.tripplite.com or call 773.869.1234.