Transient Voltage Surge Suppressors (TVSS) Market
Transient Voltage Surge Suppressors (TVSS) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Transient Voltage Surge Suppressors (TVSS) Market
Size and Growth
Transient Voltage Surge Suppressors (TVSS) market research reports indicate a growing demand for surge protection devices due to increasing instances of power surges. The global TVSS market size is estimated to reach $2.5 billion by 2025, driven by the need for equipment protection against voltage fluctuations. Key players in the industry include Schneider Electric, Eaton Corporation, and Siemens AG.
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Companies Covered
(Covid 19 Impact Covered)
◍ Phoenix
◍ ABB
◍ Emerson
◍ Siemens
◍ Eaton
◍ Schneider
◍ ZG
◍ Citel
◍ General Electric
◍ Mersen Electrical
◍ Littelfuse
◍ nVent
◍ Philips
◍ LEIAN
◍ MVC-Maxivolt
◍ Leviton
◍ Raycap
The competitive landscape of the TVSS market includes key players such as Phoenix, ABB, Emerson, Siemens, Eaton, Schneider, ZG, Citel, General Electric, Mersen Electrical, Littelfuse, nVent, Philips, LEIAN, MVC-Maxivolt, Leviton, Raycap, HPXIN, Legrand, MIG, MCG Surge Protection, Hubbell, Tripp Lite, KEANDA, JMV. These companies provide a range of TVSS products to protect electrical systems from voltage surges, contributing to the growth of the market.
- ABB reported sales revenue of $27.5 billion in 2020. - Schneider Electric reported sales revenue of $27.2 billion in 2020.
- Emerson reported sales revenue of $16.9 billion in 2020.
◍ HPXIN
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Market Segmentation
By Application
Communication
Construction
Electric Power
Transportation
Oil and Gas
Others
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By Product
Power Type
Signal Type
Others
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Market Growth
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$ X Billion USD
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