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Showing posts with the label surge protection device market

Surge Protection Device Market - Forecast(2021 - 2026)

Most of the industries today are tending towards automation to reduce time, increase productivity and cut down the costs. This has led to produce more electronic based devices. There has also been a drastic increase in home automation which focuses more and more on electronic devices being integrated for common operations. Most of the microprocessor based electronic devices need power protection to function at ease and avoid issues poised by power fluctuations and this has been ignored due to low awareness of surge protection devices. Surge protection devices allow multiple components to plug into a single power socket. A power surge is a significant increase in voltage above the designated level. If power voltage rises above the standard voltage, it is likely to damage the electronic equipment. The increase in the usage of electrical equipment such as personal computers, microwaves, washing machines and alarms are amplifying the demand for surge protection devices globally. Surge Prot...