Market
Transient Blocking Units(TBU) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Transient Blocking Units(TBU)
Transient Blocking Units(TBU) Market Size and Growth
The global Transient Blocking Units(TBU) market is expected to experience significant growth due to increasing demand for surge protection devices across various industries. The market size is projected to reach USD 1.5 billion by 2025, driven by advancements in technology and growing concerns about equipment damage from transient voltage spikes.
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The Transient Blocking Units (TBU) market is highly competitive with key players like Bourns and Harris. These companies use TBUs to provide surge protection solutions, contributing to the market growth. Bourns reported sales revenue of $766 million, while Harris reported revenue of $160 million in 2020.
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Covered (Covid 19 Impact Covered)
Companies
◍ Bourns ◍ Harris
Market Segmentation
By Application
◍ Electronics
◍ Energy
◍ Power Industry
◍ Other
By Product
◍ Bidirectional Transient Blocking
Units
◍ Unidirectional Transient Blocking
Units
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Market Growth
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$ X Billion USD
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