PUBLISHER: The Business Research Company | PRODUCT CODE: 1924295
PUBLISHER: The Business Research Company | PRODUCT CODE: 1924295
Surge protection devices are specialized electrical components designed to protect equipment and systems from sudden voltage spikes and transient surges caused by lightning, power outages, or switching operations. They work by detecting excess voltage and safely diverting it away from sensitive components, preventing damage and reducing downtime. These devices help maintain stable operation and play a vital role in ensuring the reliability, efficiency, and longevity of electrical and electronic systems across various applications.
The main types of surge protection devices include hard-wired, plug-in, line cord, and power control devices. Hard-wired devices are physically connected or permanently configured, rather than being programmable or adjustable via software. They are available in multiple power ratings, such as 0-50 kA, 50.1-100 kA, 100.1-200 kA, and 200.1 kA and above. These devices are used in residential, commercial, and industrial applications by end users including commercial complexes, data centers, manufacturing units, medical facilities, residential buildings, telecommunications, and transportation sectors.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have influenced the surge protection devices market by increasing the cost of imported electrical components, metals, and precision assemblies used in hard-wired and power control devices. This has led to higher manufacturing costs and pricing pressures, particularly affecting industrial, data center, and commercial building applications in regions dependent on cross-border supply chains such as Asia-Pacific and Europe. Power rating segments above 100 kA and panel-mounted configurations are more exposed due to higher material intensity. On the positive side, tariffs are encouraging localized manufacturing, supplier diversification, and long-term investments in domestic electrical infrastructure markets.
The surge protection devices market research report is one of a series of new reports from The Business Research Company that provides surge protection devices market statistics, including the surge protection devices industry global market size, regional shares, competitors with the surge protection devices market share, detailed surge protection devices market segments, market trends, and opportunities, and any further data you may need to thrive in the surge protection devices industry. This surge protection devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The surge protection devices market size has grown strongly in recent years. It will grow from $3.5 billion in 2025 to $3.81 billion in 2026 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to growing lightning-related equipment damage, expansion of power distribution networks, increasing use of sensitive electronic equipment, industrial automation growth, rising awareness of electrical safety.
The surge protection devices market size is expected to see strong growth in the next few years. It will grow to $5.23 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to expansion of renewable energy installations, rising data center construction, growth in commercial building infrastructure, increasing grid modernization projects, higher adoption of high-capacity spds. Major trends in the forecast period include higher surge current handling capacity, modular and scalable spd designs, increased adoption of type 1 and type 2 spds, compact and space-efficient protection devices, stricter compliance with international safety standards.
The increasing adoption of electronic systems is expected to drive growth in the surge protection devices market. Electronic systems consist of devices that work together to control and manage electrical signals for various tasks. Demand for these systems is rising due to the growing use of smart and connected devices, which enable better communication and automation in daily life. Surge protection devices help safeguard electronic systems by preventing damage from sudden voltage spikes, ensuring reliable and safe operation. For example, in May 2023, the Electronics and Information Technology Industries Association, a Japan-based trade organization, reported that Japan's consumer electronic equipment production reached $217.83 million (32,099 million yen), a 127% increase compared to May 2022.
Companies in the surge protection devices market are developing innovations such as external light-emitting diode (LED) indicators to enhance system protection and monitoring. External LED indicators provide visual signals showing device status and alert users when maintenance is required. In June 2023, Littelfuse, a US-based electronics company, launched its NEMA-style SPDN series, designed to protect equipment from microsecond transient overvoltage events. These devices include line-to-neutral, line-to-ground, and neutral-to-ground protection in a compact design, stacked metal oxide varistors (MOVs) for transient voltage protection, UL 1283 filtering to reduce interference, and thermally protected MOVs with external LED indicators for easier maintenance and reliable industrial performance.
In February 2023, Legrand S.A., a France-based provider of electrical and digital building infrastructure, acquired Clamper for an undisclosed amount. This acquisition strengthens Legrand's presence in the Brazilian market and expands its surge protection device portfolio. Clamper Industria e Comercio S.A., based in Brazil, manufactures surge protection devices.
Major companies operating in the surge protection devices market are Siemens AG, Schneider Electric SE, Mitsubishi Electric Corporation, ABB Ltd., TE Connectivity Ltd., Legrand S.A., Phoenix Contact Ltd., Bourns Inc., nVent Electric Plc, Littelfuse Inc., Havells India Limited, Hager Group, Mersen SA, Raycap S.A., Otowa Electric Co. Ltd., OBO Bettermann GmbH & Co. KG, DEHN Inc., Hakel spol s r.o., Samptel Energy Private Limited, Sichuan Zhongguang Lightning Protection Technologies Co. Ltd.
North America was the largest region in the surge protection devices market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surge protection devices market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the surge protection devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The surge protection devices market consists of sales of transient voltage surge suppressors, panel-mounted surge protection devices, DIN-rail surge protection devices, and portable surge protectors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Surge Protection Devices Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses surge protection devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for surge protection devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The surge protection devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
3) By Application; Residential; Commercial; Industrial
4) By Power Control Devices; Switches; Relays; Circuit Breakers; Timers
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