Projections Show Surge Protection Devices Market Surging to USD 7.9 Billion by 2032
The surge protection devices market was valued at USD 3.3 billion and is anticipated to grow to USD 7.9 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.2%.
This growth trajectory reflects the escalating demand for protection against voltage fluctuations and transient over voltages across diverse industries. The surge in reliance on electronic devices coupled with the...
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