Global Surge Protection Devices Market 2016: Industry Demand, Segment, Statistics and Research to 2022
Surge protection devices help in protecting electronic devices from significant increase in voltages or spikes and allow many electrical components to plug into single source. Rising demand for high-end electronic equipment, losses due to equipment downtime, user-friendly installation process, and reasonable maintenance cost are the key factors driving the growth of surge protection devices market. In addition, rising incidences of spike due to transient voltage and lightning accidents is boosting the adoption of surging protection devices. Increasing applications of alternative...
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