Power Protection Market Surge Predicted

Surge suppressor sales in North America and Europe will reach $1.5 billion by 2006, driven by increased awareness of power-quality issues and greater product functionality, say researchers at Natick, Mass.-based Venture Development Corporation. In a recently-published report, "2002 Power Protection Market Intelligence Program," they conclude that because consumers are relying more on power-sens...

12/01/2002


Surge suppressor sales in North America and Europe will reach $1.5 billion by 2006, driven by increased awareness of power-quality issues and greater product functionality, say researchers at Natick, Mass.-based Venture Development Corporation. In a recently-published report, "2002 Power Protection Market Intelligence Program," they conclude that because consumers are relying more on power-sensitive microprocessor-based devices, along with new applications for power protection in both homes and offices, the surge suppressor market will see a compound annual growth rate of 12.6%.

The biggest gains are expected at the lower end of the market, with inexpensive line-cord models remaining the most popular. New features, such as more peripheral on/off options and better warning systems, will help manufacturers of plug-in surge suppressors also experience sales growth. Sales of sophisticated power-control centers, however, are expected to decline.

The report predicts the industry's biggest potential lies in sales of line-cord products to European customers. Although the hard-wired surge suppression market has matured in Europe, researchers say the line-cord market is still in its early stages of development.

From Pure Power, Winter 2002





No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
Emergency lighting; NFPA 3 and 4; Integrated building systems; Smart lighting, HVAC design
Designing for energy efficiency; Understanding and applying NFPA 101 for mission critical facilities; Integrating commissioning and testing for fire alarm systems; Optimizing unitary pumping solutions
Economics of HVAC systems; NFPA 110-2016; Designing and choosing modular data centers
Tying a microgrid to the smart grid; Paralleling generator systems; Previewing NEC 2017 changes
Driving motor efficiency; Preventing Arc Flash in mission critical facilities; Integrating alternative power and existing electrical systems
Putting COPS into context; Designing medium-voltage electrical systems; Planning and designing resilient, efficient data centers; The nine steps of designing generator fuel systems
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Fire & Life Safety Engineer; Technip USA Inc.
click me