Surge Protection Device Market 2015 Review, Research, Size, Share, Industry Analysis, Trends and Forecast 2019
Global Surge Protection Device Market to grow at a CAGR of 5.79% over the period 2014-2019. Sudden increase in voltage significantly above the designated level in the flow of electricity is termed as power surge. These sudden spikes in the flow of electricity are harmful to appliances. It can damage machines after frequent surges or immediately. Surge suppressor devices protect electrical appliances from getting damaged by diverting the extra electricity generated during spikes to the grounding wire.
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