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Analysis of the Australian Surge Protection Devices Market

  • December 2014
  • -
  • Frost & Sullivan
  • -
  • 64 pages

Summary

Table of Contents

Information Technology and Clean Energy Sector Development Drives Demand

This research service examines the surge protection devices (SPD) market in Australia. The market is driven by investments of end-user verticals including utilities, mining, commercial and residential buildings, and data centres. The market is expected to show moderate growth during the forecast period of 2015 to 2021—reduced capital expenditure in several sectors is expected to be balanced by growing adoption of SPDs in others. The study analyses key market drivers and restraints, and looks at forecasts and trends. It provides a market share breakdown of top competitors for the base year of 2014 and examines their products and services, market coverage, and strengths.

Executive Summary
- Surge protection devices (SPDs) have many applications—in utilities, commercial establishments, industrial facilities, oil and gas, rail, data centres, and residential buildings. In the absence of a regulatory installation framework or an Australian standard for SPDs, market growth will remain dependent on understanding the devices’ criticality for safety and equipment life.
- The power utility sector focus shift from capital expenditure to efficiency and reliability metrics has significantly restrained SPD uptake. With increased government spending on hospitals and rail, in addition to increasing investment in data centres and commercial buildings, the SPD market is expected to grow at a compound annual growth rate (CAGR) of % between 2014 and 2021.
- Erico and Novaris dominate the data SPD market, with a combined share of %; ABB, Eaton (Cooper Technologies), and Siemens dominate the power SPD market, with a
combined share of about %.
- Price, quality, and the technological capability of suppliers rank among the top competitive factors.

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