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Photovoltaic Surge Protection Device-Global Market Insights and Sales Trends 2025

Photovoltaic Surge Protection Device-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1880297

No of Pages : 104

Synopsis
The global Photovoltaic Surge Protection Device market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Photovoltaic Surge Protection Device in various end use industries. The expanding demands from the Residential, Business and Industrial,, are propelling Photovoltaic Surge Protection Device market. Type 1 (Cope Direct Strike), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type 2 (Limits Over Voltages) segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.81 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Photovoltaic Surge Protection Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Photovoltaic Surge Protection Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Photovoltaic Surge Protection Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Photovoltaic Surge Protection Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Photovoltaic Surge Protection Device covered in this report include ABB, Littelfuse, Mersen, DEHN, Phoenix Contact, LSP International, Raycap, Prosurge and HAKEL, etc.
The global Photovoltaic Surge Protection Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Littelfuse
Mersen
DEHN
Phoenix Contact
LSP International
Raycap
Prosurge
HAKEL
Novaris Pty Ltd
Havells
Erico
Zhejiang Geya Electrical
Global Photovoltaic Surge Protection Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Photovoltaic Surge Protection Device market, Segment by Type:
Type 1 (Cope Direct Strike)
Type 2 (Limits Over Voltages)
Type 1+2 (Complete Protection)
Global Photovoltaic Surge Protection Device market, by Application
Residential
Business
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Photovoltaic Surge Protection Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Photovoltaic Surge Protection Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Photovoltaic Surge Protection Device Market Overview
1.1 Photovoltaic Surge Protection Device Product Overview
1.2 Photovoltaic Surge Protection Device Market Segment by Type
1.2.1 Type 1 (Cope Direct Strike)
1.2.2 Type 2 (Limits Over Voltages)
1.2.3 Type 1+2 (Complete Protection)
1.3 Global Photovoltaic Surge Protection Device Market Size by Type
1.3.1 Global Photovoltaic Surge Protection Device Market Size Overview by Type (2018-2029)
1.3.2 Global Photovoltaic Surge Protection Device Historic Market Size Review by Type (2018-2023)
1.3.3 Global Photovoltaic Surge Protection Device Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Photovoltaic Surge Protection Device Sales Breakdown by Type (2018-2023)
1.4.2 Europe Photovoltaic Surge Protection Device Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Photovoltaic Surge Protection Device Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Photovoltaic Surge Protection Device Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Photovoltaic Surge Protection Device Sales Breakdown by Type (2018-2023)
2 Global Photovoltaic Surge Protection Device Market Competition by Company
2.1 Global Top Players by Photovoltaic Surge Protection Device Sales (2018-2023)
2.2 Global Top Players by Photovoltaic Surge Protection Device Revenue (2018-2023)
2.3 Global Top Players by Photovoltaic Surge Protection Device Price (2018-2023)
2.4 Global Top Manufacturers Photovoltaic Surge Protection Device Manufacturing Base Distribution, Sales Area, Product Type
2.5 Photovoltaic Surge Protection Device Market Competitive Situation and Trends
2.5.1 Photovoltaic Surge Protection Device Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Photovoltaic Surge Protection Device Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Photovoltaic Surge Protection Device as of 2022)
2.7 Date of Key Manufacturers Enter into Photovoltaic Surge Protection Device Market
2.8 Key Manufacturers Photovoltaic Surge Protection Device Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Photovoltaic Surge Protection Device Status and Outlook by Region
3.1 Global Photovoltaic Surge Protection Device Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Photovoltaic Surge Protection Device Historic Market Size by Region
3.2.1 Global Photovoltaic Surge Protection Device Sales in Volume by Region (2018-2023)
3.2.2 Global Photovoltaic Surge Protection Device Sales in Value by Region (2018-2023)
3.2.3 Global Photovoltaic Surge Protection Device Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Photovoltaic Surge Protection Device Forecasted Market Size by Region
3.3.1 Global Photovoltaic Surge Protection Device Sales in Volume by Region (2024-2029)
3.3.2 Global Photovoltaic Surge Protection Device Sales in Value by Region (2024-2029)
3.3.3 Global Photovoltaic Surge Protection Device Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Photovoltaic Surge Protection Device by Application
4.1 Photovoltaic Surge Protection Device Market Segment by Application
4.1.1 Residential
4.1.2 Business
4.1.3 Industrial
4.2 Global Photovoltaic Surge Protection Device Market Size by Application
4.2.1 Global Photovoltaic Surge Protection Device Market Size Overview by Application (2018-2029)
4.2.2 Global Photovoltaic Surge Protection Device Historic Market Size Review by Application (2018-2023)
4.2.3 Global Photovoltaic Surge Protection Device Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Photovoltaic Surge Protection Device Sales Breakdown by Application (2018-2023)
4.3.2 Europe Photovoltaic Surge Protection Device Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Photovoltaic Surge Protection Device Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Photovoltaic Surge Protection Device Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Photovoltaic Surge Protection Device Sales Breakdown by Application (2018-2023)
5 North America Photovoltaic Surge Protection Device by Country
5.1 North America Photovoltaic Surge Protection Device Historic Market Size by Country
5.1.1 North America Photovoltaic Surge Protection Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Photovoltaic Surge Protection Device Sales in Volume by Country (2018-2023)
5.1.3 North America Photovoltaic Surge Protection Device Sales in Value by Country (2018-2023)
5.2 North America Photovoltaic Surge Protection Device Forecasted Market Size by Country
5.2.1 North America Photovoltaic Surge Protection Device Sales in Volume by Country (2024-2029)
5.2.2 North America Photovoltaic Surge Protection Device Sales in Value by Country (2024-2029)
6 Europe Photovoltaic Surge Protection Device by Country
6.1 Europe Photovoltaic Surge Protection Device Historic Market Size by Country
6.1.1 Europe Photovoltaic Surge Protection Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Photovoltaic Surge Protection Device Sales in Volume by Country (2018-2023)
6.1.3 Europe Photovoltaic Surge Protection Device Sales in Value by Country (2018-2023)
6.2 Europe Photovoltaic Surge Protection Device Forecasted Market Size by Country
6.2.1 Europe Photovoltaic Surge Protection Device Sales in Volume by Country (2024-2029)
6.2.2 Europe Photovoltaic Surge Protection Device Sales in Value by Country (2024-2029)
7 Asia-Pacific Photovoltaic Surge Protection Device by Region
7.1 Asia-Pacific Photovoltaic Surge Protection Device Historic Market Size by Region
7.1.1 Asia-Pacific Photovoltaic Surge Protection Device Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Photovoltaic Surge Protection Device Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Photovoltaic Surge Protection Device Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Photovoltaic Surge Protection Device Forecasted Market Size by Region
7.2.1 Asia-Pacific Photovoltaic Surge Protection Device Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Photovoltaic Surge Protection Device Sales in Value by Region (2024-2029)
8 Latin America Photovoltaic Surge Protection Device by Country
8.1 Latin America Photovoltaic Surge Protection Device Historic Market Size by Country
8.1.1 Latin America Photovoltaic Surge Protection Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Photovoltaic Surge Protection Device Sales in Volume by Country (2018-2023)
8.1.3 Latin America Photovoltaic Surge Protection Device Sales in Value by Country (2018-2023)
8.2 Latin America Photovoltaic Surge Protection Device Forecasted Market Size by Country
8.2.1 Latin America Photovoltaic Surge Protection Device Sales in Volume by Country (2024-2029)
8.2.2 Latin America Photovoltaic Surge Protection Device Sales in Value by Country (2024-2029)
9 Middle East and Africa Photovoltaic Surge Protection Device by Country
9.1 Middle East and Africa Photovoltaic Surge Protection Device Historic Market Size by Country
9.1.1 Middle East and Africa Photovoltaic Surge Protection Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Photovoltaic Surge Protection Device Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Photovoltaic Surge Protection Device Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Photovoltaic Surge Protection Device Forecasted Market Size by Country
9.2.1 Middle East and Africa Photovoltaic Surge Protection Device Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Photovoltaic Surge Protection Device Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Photovoltaic Surge Protection Device Products Offered
10.1.5 ABB Recent Development
10.2 Littelfuse
10.2.1 Littelfuse Company Information
10.2.2 Littelfuse Introduction and Business Overview
10.2.3 Littelfuse Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Littelfuse Photovoltaic Surge Protection Device Products Offered
10.2.5 Littelfuse Recent Development
10.3 Mersen
10.3.1 Mersen Company Information
10.3.2 Mersen Introduction and Business Overview
10.3.3 Mersen Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mersen Photovoltaic Surge Protection Device Products Offered
10.3.5 Mersen Recent Development
10.4 DEHN
10.4.1 DEHN Company Information
10.4.2 DEHN Introduction and Business Overview
10.4.3 DEHN Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.4.4 DEHN Photovoltaic Surge Protection Device Products Offered
10.4.5 DEHN Recent Development
10.5 Phoenix Contact
10.5.1 Phoenix Contact Company Information
10.5.2 Phoenix Contact Introduction and Business Overview
10.5.3 Phoenix Contact Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Phoenix Contact Photovoltaic Surge Protection Device Products Offered
10.5.5 Phoenix Contact Recent Development
10.6 LSP International
10.6.1 LSP International Company Information
10.6.2 LSP International Introduction and Business Overview
10.6.3 LSP International Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.6.4 LSP International Photovoltaic Surge Protection Device Products Offered
10.6.5 LSP International Recent Development
10.7 Raycap
10.7.1 Raycap Company Information
10.7.2 Raycap Introduction and Business Overview
10.7.3 Raycap Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Raycap Photovoltaic Surge Protection Device Products Offered
10.7.5 Raycap Recent Development
10.8 Prosurge
10.8.1 Prosurge Company Information
10.8.2 Prosurge Introduction and Business Overview
10.8.3 Prosurge Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Prosurge Photovoltaic Surge Protection Device Products Offered
10.8.5 Prosurge Recent Development
10.9 HAKEL
10.9.1 HAKEL Company Information
10.9.2 HAKEL Introduction and Business Overview
10.9.3 HAKEL Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.9.4 HAKEL Photovoltaic Surge Protection Device Products Offered
10.9.5 HAKEL Recent Development
10.10 Novaris Pty Ltd
10.10.1 Novaris Pty Ltd Company Information
10.10.2 Novaris Pty Ltd Introduction and Business Overview
10.10.3 Novaris Pty Ltd Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Novaris Pty Ltd Photovoltaic Surge Protection Device Products Offered
10.10.5 Novaris Pty Ltd Recent Development
10.11 Havells
10.11.1 Havells Company Information
10.11.2 Havells Introduction and Business Overview
10.11.3 Havells Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Havells Photovoltaic Surge Protection Device Products Offered
10.11.5 Havells Recent Development
10.12 Erico
10.12.1 Erico Company Information
10.12.2 Erico Introduction and Business Overview
10.12.3 Erico Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Erico Photovoltaic Surge Protection Device Products Offered
10.12.5 Erico Recent Development
10.13 Zhejiang Geya Electrical
10.13.1 Zhejiang Geya Electrical Company Information
10.13.2 Zhejiang Geya Electrical Introduction and Business Overview
10.13.3 Zhejiang Geya Electrical Photovoltaic Surge Protection Device Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Zhejiang Geya Electrical Photovoltaic Surge Protection Device Products Offered
10.13.5 Zhejiang Geya Electrical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Photovoltaic Surge Protection Device Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Photovoltaic Surge Protection Device Industrial Chain Analysis
11.4 Photovoltaic Surge Protection Device Market Dynamics
11.4.1 Photovoltaic Surge Protection Device Industry Trends
11.4.2 Photovoltaic Surge Protection Device Market Drivers
11.4.3 Photovoltaic Surge Protection Device Market Challenges
11.4.4 Photovoltaic Surge Protection Device Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Photovoltaic Surge Protection Device Distributors
12.3 Photovoltaic Surge Protection Device Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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