At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to Verified Market Intelligence, the U.S. Surge Protection Devices Market was valued at USD 955.1 million in 2017 and is projected to reach USD 1,467.3 million by 2025, growing at a CAGR of 5.5% from 2018 to 2025.
Surge protector works as a gatekeeper for electric appliances as it blocks and allocates the high voltage spikes. Surge protector device helps in supplying only limited electric voltage which can be handled by the appliance. It also has a tendency of blocking the voltage spike but it is not the best option to protect electric appliances from close by lightning strikes. The penetration of surge protection devices is largest in the North America.
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