Surge Protection Devices Market Size, Share, and Trends 2024 to 2034

The global surge protection device market size accounted for USD 3.57 billion in 2025 and is forecasted to hit around USD 6.48 billion by 2034, representing a CAGR of 6.84% from 2025 to 2034. The North America market size was estimated at USD 1.30 billion in 2024 and is expanding at a CAGR of 7.01% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 6010
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Surge Protection Devices Market 

5.1. COVID-19 Landscape: Surge Protection Devices Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Surge Protection Devices Market, By Product

8.1. Surge Protection Devices Market Revenue and Volume Forecast, by Product

8.1.1. Hard-wired

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Plug-in

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Line Cord

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Power Control Devices

8.1.4.1. Market Revenue and Volume Forecast

Chapter 9. Global Surge Protection Devices Market, By Type

9.1. Surge Protection Devices Market Revenue and Volume Forecast, by Type

9.1.1 Type 1

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Type 2

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Type 3

9.1.3.1. Market Revenue and Volume Forecast

9.1.3. Type 4

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Surge Protection Devices Market, By Power Rating

10.1. Surge Protection Devices Market Revenue and Volume Forecast, by Power Rating

10.1.1. 50.1-100 kA

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. 100.1-200 kA

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. 200.1 kA and Above

10.1.3.1. Market Revenue and Volume Forecast

Chapter 11. Global Surge Protection Devices Market, By End-Use

11.1. Surge Protection Devices Market Revenue and Volume Forecast, by End-Use

11.1.1. Commercial Complexes

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Data Center

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Industries & Manufacturing Units

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Medical

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Residential Buildings & Spaces

11.1.5.1. Market Revenue and Volume Forecast

11.1.5. Telecommunication

11.1.5.1. Market Revenue and Volume Forecast

11.1.5. Transportation

11.1.5.1. Market Revenue and Volume Forecast

11.1.5. Others

11.1.5.1. Market Revenue and Volume Forecast

Chapter 12. Global Surge Protection Devices Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Product

12.1.2. Market Revenue and Volume Forecast, by Type

12.1.3. Market Revenue and Volume Forecast, by Power Rating

12.1.4. Market Revenue and Volume Forecast, by End-Use

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Product

12.1.5.2. Market Revenue and Volume Forecast, by Type

12.1.5.3. Market Revenue and Volume Forecast, by Power Rating

12.1.5.4. Market Revenue and Volume Forecast, by End-Use

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Product

12.1.6.2. Market Revenue and Volume Forecast, by Type

12.1.6.3. Market Revenue and Volume Forecast, by Power Rating

12.1.6.4. Market Revenue and Volume Forecast, by End-Use

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Product

12.2.2. Market Revenue and Volume Forecast, by Type

12.2.3. Market Revenue and Volume Forecast, by Power Rating

12.2.4. Market Revenue and Volume Forecast, by End-Use

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Product

12.2.5.2. Market Revenue and Volume Forecast, by Type

12.2.5.3. Market Revenue and Volume Forecast, by Power Rating

12.2.5.4. Market Revenue and Volume Forecast, by End-Use

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Product

12.2.6.2. Market Revenue and Volume Forecast, by Type

12.2.6.3. Market Revenue and Volume Forecast, by Power Rating

12.2.6.4. Market Revenue and Volume Forecast, by End-Use

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Product

12.2.7.2. Market Revenue and Volume Forecast, by Type

12.2.7.3. Market Revenue and Volume Forecast, by Power Rating

12.2.7.4. Market Revenue and Volume Forecast, by End-Use

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Product

12.2.8.2. Market Revenue and Volume Forecast, by Type

12.2.8.3. Market Revenue and Volume Forecast, by Power Rating

12.2.8.4. Market Revenue and Volume Forecast, by End-Use

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Product

12.3.2. Market Revenue and Volume Forecast, by Type

12.3.3. Market Revenue and Volume Forecast, by Power Rating

12.3.4. Market Revenue and Volume Forecast, by End-Use

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Product

12.3.5.2. Market Revenue and Volume Forecast, by Type

12.3.5.3. Market Revenue and Volume Forecast, by Power Rating

12.3.5.4. Market Revenue and Volume Forecast, by End-Use

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Product

12.3.6.2. Market Revenue and Volume Forecast, by Type

12.3.6.3. Market Revenue and Volume Forecast, by Power Rating

12.3.6.4. Market Revenue and Volume Forecast, by End-Use

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Product

12.3.7.2. Market Revenue and Volume Forecast, by Type

12.3.7.3. Market Revenue and Volume Forecast, by Power Rating

12.3.7.4. Market Revenue and Volume Forecast, by End-Use

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Product

12.3.8.2. Market Revenue and Volume Forecast, by Type

12.3.8.3. Market Revenue and Volume Forecast, by Power Rating

12.3.8.4. Market Revenue and Volume Forecast, by End-Use

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Product

12.4.2. Market Revenue and Volume Forecast, by Type

12.4.3. Market Revenue and Volume Forecast, by Power Rating

12.4.4. Market Revenue and Volume Forecast, by End-Use

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Product

12.4.5.2. Market Revenue and Volume Forecast, by Type

12.4.5.3. Market Revenue and Volume Forecast, by Power Rating

12.4.5.4. Market Revenue and Volume Forecast, by End-Use

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Product

12.4.6.2. Market Revenue and Volume Forecast, by Type

12.4.6.3. Market Revenue and Volume Forecast, by Power Rating

12.4.6.4. Market Revenue and Volume Forecast, by End-Use

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Product

12.4.7.2. Market Revenue and Volume Forecast, by Type

12.4.7.3. Market Revenue and Volume Forecast, by Power Rating

12.4.7.4. Market Revenue and Volume Forecast, by End-Use

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Product

12.4.8.2. Market Revenue and Volume Forecast, by Type

12.4.8.3. Market Revenue and Volume Forecast, by Power Rating

12.4.8.4. Market Revenue and Volume Forecast, by End-Use

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Product

12.5.2. Market Revenue and Volume Forecast, by Type

12.5.3. Market Revenue and Volume Forecast, by Power Rating

12.5.4. Market Revenue and Volume Forecast, by End-Use

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Product

12.5.5.2. Market Revenue and Volume Forecast, by Type

12.5.5.3. Market Revenue and Volume Forecast, by Power Rating

12.5.5.4. Market Revenue and Volume Forecast, by End-Use

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Product

12.5.6.2. Market Revenue and Volume Forecast, by Type

12.5.6.3. Market Revenue and Volume Forecast, by Power Rating

12.5.6.4. Market Revenue and Volume Forecast, by End-Use

Chapter 13. Company Profiles

13.1. ABB Ltd.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial PerProductance

13.1.4. Recent Initiatives

13.2. General Electric Company

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial PerProductance

13.2.4. Recent Initiatives

13.3. Schneider Electric

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial PerProductance

13.3.4. Recent Initiatives

13.4. Eaton Corporation plc

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial PerProductance

13.4.4. Recent Initiatives

13.5. Legrand

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial PerProductance

13.5.4. Recent Initiatives

13.6. Emerson Electric Co.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial PerProductance

13.6.4. Recent Initiatives

13.7. Siemens

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial PerProductance

13.7.4. Recent Initiatives

13.8. CG Power and Industrial Solutions Limited

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial PerProductance

13.8.4. Recent Initiatives

13.9. Littelfuse, Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial PerProductance

13.9.4. Recent Initiatives

13.10. Bourns, Inc.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial PerProductance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global surge protection device market size is expected to grow from USD 3.34 billion in 2024 to USD 6.48 billion by 2034.

The surge protection device market is anticipated to grow at a CAGR of 6.84% between 2025 and 2034.

The major players operating in the surge protection device market are ABB Ltd., General Electric Company, Schneider Electric, Eaton Corporation plc, Legrand, Emerson Electric Co., Siemens, CG Power and Industrial Solutions Limited, Littelfuse, Inc., Bourns, Inc., and Others.

The driving factors of the surge protection device market are the growing demand for surge protection devices to safeguard electrical gadgets. Also, increasing demand for smart power strips, coupled with the ongoing advancements in smart homes across the globe, can fuel market growth soon.

North America region will lead the global surge protection device market during the forecast period 2025 to 2034.

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