Voltage Sag Protector Market

Voltage Sag Protector Market Overview

The report is titled as ‘Voltage Sag Protector Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Voltage Sag Protector market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Voltage Sag Protector market is expected to grow with significant rate in the near future.

In 2020, global voltage sag protector market was valued at US$ XXX Mn and expected to grow significantly at a CAGR of XXX % over the forecast period

Voltage Sag Protector Introduction

A voltage sag, also otherwise known as a voltage drop or voltage dip, is looked upon as the phenomenon where a drop in the rms voltage, usually between 10%-90% of nominative voltage, takes place for a brief period. There is a substantial amount of manufacturing time off and impaired apparatus that can be assigned to temporary interruptions and voltage sags. They are ideal for manufacturing procedures and susceptible electronics that require safety for in so far as to five seconds. To put it in a simpler way, the majority of the mishaps that take place in transmission and substation networks are voltage sags that are for 1 second. Having said that, this brief power outage induces the manufacturing facility to shut off.

Voltage sag protector safeguards load and equipment by providing power securely with an ultra-rapid switching approach within 2ms, even in instances of power breakdown of 15%, as well as a minimum of 100%. One of the primary factors that is majorly driving the growth of the global voltage sag protector market is the number of beneficial attributes of sag protectors over its alternates, such as uninterrupted power supply (UPS) systems, along with the increasing digitization of electrical distribution networks, which is boosting its demand all across the global markets.

Voltage Sag Protector Market Segmentation

The global voltage sag protector market is segmented on the basis of number of phases, wiring type, line voltage, AMP rating, ride through, application, and region.

By Number of Phases

Single-Phase Voltage Sag

Three-Phase Voltage Sag

By Wiring Type

Single Phase (L-L)

Single Phase (L-N)

Three Phase (3-Wire)

Three Phase (4-Wire)

By Line Voltage

Less than 220 VAC

221 to 400 VAC

401 and Above VAC

By AMP Rating

2 A to 50 A

50 A to 200 A

200 A to 400 A

Above 400 A

By Ride Through time

Standard

Extended

By Applications

Retail

Healthcare

Commercial

Data Center

Industrial

By Region

North America

Latin America

Europe

 Asia Pacific

Middle East

Africa

Voltage Sag Protector Market Key Players

Some of the key participating players in global Voltage Sag Protector market are:

ABB

Rockwell Automation, Inc.

Schneider Electric

Eaton Corporation plc

General Electric Company

SMC Electric

ORTEA SpA

Utility Systems Technologies

OKY LTD.

Toshiba Mitsubishi-Electric Industrial Systems Corporation

Dranetz Technology, Inc.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Voltage Sag Protector

Advantages of Voltage Sag Protector

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.