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Transient Voltage Surge Suppressors (TVSS) Market Size - By Type (Power Type, Signal Type), By Application (Communication, Construction, Electric Power, Transportation, Oil and Gas) & Region – Forecasts By 2022-2030

  • PUBLISHED ON
  • 1970-01-01
  • NO OF PAGES
  • 210
  • CATEGORY
  • Electronics & Communication
Transient Voltage Surge Suppressors (TVSS) Market- Description
A transient voltage surge suppressor (TVSS) is a device which is installed on an AC or DC power line. It is installed with an aim to cut off if there is a momentary surge of electrical power.
A transient voltage surge suppressor (TVSS) is also known as a “transient.” TVSS devices are considered crucial to the protection of sensitive equipment which would result in circuitry damage or data loss if power overloads were allowed to pass through to them.

Transient Voltage Surge Suppressors (TVSS) Market- Overview
The Global Transient Voltage Surge Suppressors (TVSS) Market is projected to rise at a significant rate by 2030 expanding at a considerable CAGR over the forecast period of 2022-2030.
The transient voltage surge suppressor (TVSS) devices mainly protect against power surges of all types, including “impulsive currents” that are the large surges produced by lightning strikes. This factor of safety drives massive growth and the trend is expected to continue even in the present forecast period.
However, the failure of the TVSS devices due to an overload of power levels beyond the capacities of microprocessors or integrated circuitry is estimated to hinder the growth of the market during the forecast period.
In order to serve as effective barriers against transients and power fluctuations over time, the TVSS devices are typically installed at AC and DC inputs and outputs.
TVSS are installed for specific occurrences where the flow of electricity will cause damage and thus the typical functioning of these devices is to provide no ongoing change to the flow of the power.

Transient Voltage Surge Suppressors (TVSS) Market- Key Market Trends

• Protection against power surges of all types
Every market has its growth determinant and challenges. One of the major factor that has fuelled the market growth over the forecast period is the protection against power surges of all types. It includes impulsive currents which are the large surges produced by lightning strikes.
• Overload of power levels beyond the capacities of microprocessors
One of the major factor that has hindered the market growth over the forecast period is the overload of power levels beyond the capacities of microprocessors or integrated circuitry of these devices that have often turn out to be a failure. This process has hindered the growth of the market up to a notable extent. It should be noted that the typical functioning of these devices is to provide no ongoing change to the flow of the power.

Transient Voltage Surge Suppressors (TVSS) Market- Segmental analysis of the Market

Based on type
• Power Type
• Signal Type
• Others
The power segment has dominated the market growth over the forecast period. This is because of the rising use of the power segment.

Based on Application
• Communication
• Construction
• Electric Power
• Transportation
• Oil and Gas
• Others
the construction segment has dominated the market growth over the forecast period. This is because of the surge of TVSS at the construction sites.

Transient Voltage Surge Suppressors (TVSS) Market- Geographical analysis of the Market
The Global Transient Voltage Surge Suppressors (TVSS) Market is segmented into 4 main regions namely, North America, Europe, Asia Pacific, and Middle east and Africa. Among these, Asia Pacific has dominated the market growth over the forecast period. This is because the growth rates of other notable markets (Japan and South Korea) are projected to be massive throughout the forecast period in the region.

Transient Voltage Surge Suppressors (TVSS) Market- Competitive Landscape
Some of the prominent companies operating in the market are 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.

Report Scope
Global Transient Voltage Surge Suppressors (TVSS) Market: Historical Period- 2018-2021
Global Transient Voltage Surge Suppressors (TVSS) Market: Industry and Forecast Period- 2022-2030

Major Segments Covered
• Type – (power type, signal type, others)
• Application- (Communication, Construction, Electric Power, Transportation, Oil and Gas, Others)

Key Countries and Regions Covered
• North America (US, Canada, and Mexico)
• Europe (UK, Germany, France, Italy, Netherlands, and Rest of Europe)
• Asia Pacific (China, Japan, South Korea, and Rest of APAC)
• Middle east and Africa

Top companies profiled- 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.

1.     Global Transient Voltage Surge Suppressors (TVSS) Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  Transient Voltage Surge Suppressors (TVSS) Market Definition & Description

1.3.  Global Transient Voltage Surge Suppressors (TVSS) Market Scope and Market Estimation

1.3.1.     Global Transient Voltage Surge Suppressors (TVSS) Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global Transient Voltage Surge Suppressors (TVSS) Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Type of Global Transient Voltage Surge Suppressors (TVSS) Market

1.4.2.     Application of Global Transient Voltage Surge Suppressors (TVSS) Market

1.4.3.     Region of Global Transient Voltage Surge Suppressors (TVSS) Market

 

2.     Executive Summary

2.1.  Global Transient Voltage Surge Suppressors (TVSS) Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global Transient Voltage Surge Suppressors (TVSS) Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

 

3.     Global Transient Voltage Surge Suppressors (TVSS) Market Estimates & Historical Trend Analysis (2020 - 2022)

 

4.     Global Transient Voltage Surge Suppressors (TVSS) Market Estimates & Forecast Trend Analysis, by Type

4.1.  Global Transient Voltage Surge Suppressors (TVSS) Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

4.1.1.     Power Type

4.1.2.     Signal Type

 

5.     Global Transient Voltage Surge Suppressors (TVSS) Market Estimates & Forecast Trend Analysis, by Application

5.1.  Global Transient Voltage Surge Suppressors (TVSS) Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.     Communication

5.1.2.     Construction

5.1.3.     Electric Power

5.1.4.     Transportation

5.1.5.     Oil and Gas

            

6.     Global Transient Voltage Surge Suppressors (TVSS) Market Estimates & Forecast Trend Analysis, by Region

6.1.  Global Transient Voltage Surge Suppressors (TVSS) Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

6.1.1.     North America

6.1.2.     Europe

6.1.3.     Asia Pacific

6.1.4.     Middle East & Africa

6.1.5.     South America

 

7.     North America Transient Voltage Surge Suppressors (TVSS) Market: Estimates & Forecast Trend Analysis

7.1.  North America Transient Voltage Surge Suppressors (TVSS) Market Assessments & Key Findings

7.1.1.     North America Transient Voltage Surge Suppressors (TVSS) Market Introduction

7.1.2.     North America Transient Voltage Surge Suppressors (TVSS) Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

7.1.2.1.  By Type

7.1.2.2.  By Application

7.1.2.3.  By Country

7.1.2.3.1.   The U.S.

7.1.2.3.2.   Canada

7.1.2.3.3.   Mexico

 

8.     Europe Transient Voltage Surge Suppressors (TVSS) Market: Estimates & Forecast Trend Analysis

8.1.  Europe Transient Voltage Surge Suppressors (TVSS) Market Assessments & Key Findings

8.1.1.     Europe Transient Voltage Surge Suppressors (TVSS) Market Introduction

8.1.2.     Europe Transient Voltage Surge Suppressors (TVSS) Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  By Type

8.1.2.2.  By Application

8.1.2.3.      By Country

8.1.2.3.1.   Germany

8.1.2.3.2.   U.K.

8.1.2.3.3.   France

8.1.2.3.4.   Italy

8.1.2.3.5.   Spain

8.1.2.3.6.   Russia

8.1.2.3.7.   Rest of Europe

 

9.     Asia Pacific Transient Voltage Surge Suppressors (TVSS) Market: Estimates & Forecast Trend Analysis

9.1.  Asia Pacific Market Assessments & Key Findings

9.1.1.     Asia Pacific Transient Voltage Surge Suppressors (TVSS) Market Introduction

9.1.2.     Asia Pacific Transient Voltage Surge Suppressors (TVSS) Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.      By Type

9.1.2.2.      By Application

9.1.2.3.      By Country

9.1.2.3.1.   China

9.1.2.3.2.   Japan

9.1.2.3.3.   India

9.1.2.3.4.   Australia

9.1.2.3.5.   South Korea

9.1.2.3.6.   ASEAN

9.1.2.3.7.   Rest of Asia Pacific

 

10.  Middle East & Africa Transient Voltage Surge Suppressors (TVSS) Market: Estimates & Forecast Trend Analysis

10.1. Middle East & Africa Market Assessments & Key Findings

10.1.1.  Middle East & Africa Transient Voltage Surge Suppressors (TVSS) Market Introduction

10.1.2.  Middle East & Africa Transient Voltage Surge Suppressors (TVSS) Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.   By Type

10.1.2.2.   By Application

10.1.2.3.   By Country

10.1.2.3.1.              U.A.E.

10.1.2.3.2.              Saudi Arabia

10.1.2.3.3.              Egypt

10.1.2.3.4.              South Africa

10.1.2.3.5.              Rest of Middle East & Africa

 

11.  South America Transient Voltage Surge Suppressors (TVSS) Market: Estimates & Forecast Trend Analysis

11.1. South America Market Assessments & Key Findings

11.1.1.  South America Transient Voltage Surge Suppressors (TVSS) Market Introduction

11.1.2.  South America Transient Voltage Surge Suppressors (TVSS) Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Type

11.1.2.2.   By Application

11.1.2.3.   By Country

11.1.2.3.1.            Brazil

11.1.2.3.2.            Argentina

11.1.2.3.3.            Colombia

11.1.2.3.4.            Rest of South America

 

12.  Competition Landscape

12.1. Global Transient Voltage Surge Suppressors (TVSS) Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

12.2. Global Transient Voltage Surge Suppressors (TVSS) Market Concentration & Company Market Shares (%) Analysis, 2022

 

13.  Company Profiles

13.1.    F. Phoenix

13.1.1.     Company Overview & Key Stats

13.1.2.     Financial Performance & KPIs

13.1.3.     Product Portfolio

13.1.4.     Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

13.2.    BB

13.3.    Emerson

13.4.    Siemens

13.5.    Eaton

13.6.    Schneider

13.7.    ZG

13.8.    Citel

13.9.    General Electric

13.10.  Mersen Electrical

13.11.  Littelfuse

13.12.  nVent

13.13.  Philips

13.14.  LEIAN

13.15.  MVC-Maxivolt

13.16.  Leviton

13.17.  Raycap

13.18.  HPXIN

13.19.  Legrand

13.20.  MIG

13.21.  MCG Surge Protection

13.22.  Hubbell

13.23.  Tripp Lite

13.24.  KEANDA

13.25.  JMV

13.26.  Others**

 

14.  Research Methodology

14.1. External Transportations / Databases

14.2. Internal Proprietary Database

14.3. Primary Research

14.4. Secondary Research

14.5. Assumptions

14.6. Limitations

14.7. Report FAQs

 

15.  Research Findings & Conclusion 

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

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Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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