Global Transient Voltage Surge Suppressors Market to Reach $2.5 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Transient Voltage Surge Suppressors markets. The world market for transient voltage surge suppressors is projected to reach $2.5 billion by the year 2015. Key growth drivers include buoyant telecommunications industry worldwide, continued expansion in the use of personal computers and other technologically advanced electronic devices, and the relatively higher level of consumer awareness in developed markets.

Transient Voltage Surge Suppressors: A Global Market Report

With increased deployment of electrical and electronic equipments, the demand for transient voltage surge suppressors (TVSSs) gained momentum over the last decade. And with issues relating to stable power supply still continuing to irk industries/businesses worldwide, demand is forecast to continue its steady growth into the future. Growth in the market is additionally expected to receive a major boost largely as a result of the development and proliferation of microprocessor-based applications, which in turn will make the use of TVSSs indispensable. Developments in information technology and the ensuing drive towards automation and digitalization, followed by a parallel rise in the use of personal computers (PCs) is poised to effectively supplement growth in TVSS market. This is primarily because power supply issues multiply in magnitude in a computerized environment. Opportunities are especially pronounced in the developing countries where the rate of PC deployment is still on the rise thanks to the buoyant rise in the number of new establishments such as, hospitals, colleges, business establishments and schools.

Global market for TVSSs is extremely competitive characterized by a high degree of fragmentation, and pricing pressures. The relatively commoditized TVSSs technology leaves very little scope for differentiation and therefore limited ability to charge a price premium for exclusivity. Manufacturers of TVSS currently adopt a focused strategy of providing a complete package of power quality solutions to target end-users. Product features expected to score the highest gains in the upcoming years include safety, reliability, and scalability. Institutions/commercial establishments, consumers and industrial sectors constitute key end-users, exhibiting encouraging growth patterns. The industry in the immediate short-run is forecast to witness a shake out with smaller players either merging with larger players or exiting the business. The ensuing consolidation will witness the emergence of a few major players providing the much-needed respite from pricing pressures.        

North America and Europe collectively account for a major share of the world transient voltage surge suppressors market as stated by the new market research report on Transient Voltage Surge Suppressors market. Between hard-wired and line cord categories, hard-wired surge suppressors shipments are expected to witness steeper growth rate. Factors contributing to the growth in hard-wired suppressors are communication expansion and upgrades, renewable energy projects and commercial construction. Market for Hard-Wired Transient Voltage Surge Suppressors in Asia-Pacific is expected to grow at a double-digit CAGR over the period 2007 through 2015.

Key players dominating the marketplace include American Power Conversion Corp, Advanced Protection Technologies Inc, Belkin international Inc, Current Technology Inc, Dehn & Sohne, EFI Electronics Corporation, Eaton Electrical Systems and Services, GE Consumer & Industrial, Hubbell Incorporated, Koninklijke Philips Electronics N.V., Leviton Manufacturing Co. Inc, Liebert Corporation, Masterplug Limited, Monster Cable Products Inc., Novaris Pty Ltd., OBO Bettermann GmbH & Co. KG, Phoenix Contact GmbH & Co. KG, Panamax Inc, REV Ritter GmbH, Smiths Interconnect, Transtector Systems Inc, Tripp Lite, and Wiremold/Legrand., among others.

The report titled "Transient Voltage Surge Suppressors: A Global Market Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, key market trends, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and provides analytics in value sales for regions such as North America, Europe, Asia-Pacific, and Rest of World. The study analyzes Transient Voltage Surge Suppressors market by the following segments- Plug-In, Hard-Wired, Line Cord and Power Control Center. The study also analyzes Transient Voltage Surge Suppressors market by the following end-use markets - Communication, Consumer, and Others.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Transient_Voltage_Surge_Suppressors_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com

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