Surge Protector Market Structure Analysis
With the rapid development of the electronic information industry, rising awareness of lightning protection, and the continued expansion of the surge protective device application industry, the lightning protection industry will become increasingly concentrated. Domestic companies with independent intellectual property rights and a complete industrial chain will gradually gain an advantage in the market competition with leading international brands.
Communications, construction, electric power (including new energy), rail transit, and petrochemicals are the main industries in my country's surge protector sector, accounting for approximately 90% of the total lightning protection market demand. Communications and construction hold the largest market share, exceeding 50%.
my country's surge protection device Application Market Structure
Sector Share
Communications 26.88%
Construction 24.43%
Electric Power 19.32%
Transportation 9.69%
Petroleum and Petrochemicals 8.95%
Other 10.74%