Surge Protection Device Market Set to Skyrocket: Projections Forecast a US$6,256.50 Million Industry by 2034

In 2024, the market for surge protection devices is expected to be valued at US$ 2,864.50 million. By 2034, the market is probably going to reach US$ 6,256.50 million. From 2024 to 2034, the market is anticipated to grow at a CAGR of 8.10%. Download the Full Report: Gain comprehensive insights into the surge protection …

Global Surge Protection Device Market is Projected to Reach US$ 6,256.50 Million by 2034 | Future Market Insights, Inc.

The surge protection device market is expected to be worth US$ 2,864.50 million in 2024. By 2034, the market is projected to be valued at US$ 6,256.50 million. The adoption of surge protection devices is likely to expand at a steady CAGR of 8.10% from 2024 to 2034. The surge protection device market is experiencing a surge due to the electrification of transportation. With the rapid growth of …