Surge Protection Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Surge Protection Devices Market Report is Segmented by Installation Type (Hard-Wired, Plug-In, and Line Cord), Discharge-Current Rating (up To 10KA, 10KA-25KA, and Above 25KA), Voltage Class (Low-Voltage [Less Than 1 KV], Medium-Voltage [1-35 KV], and High-Voltage [More Than 35 KV], End-User Vertical (Industrial, Commercial, and Residential), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Surge Protection Devices Market Size and Share

Surge Protection Devices Market (2025 - 2030)
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Surge Protection Devices Market Analysis by Mordor Intelligence

The surge protection devices market is valued at USD 2.86 billion in 2025 and is forecast to expand at a 5.3% CAGR, reaching USD 3.71 billion by 2030. Solid growth reflects the rising importance of safeguarding sensitive electronics as global power-quality issues intensify. Adoption is accelerating across industrial plants, commercial buildings, and homes as managers weigh the high cost of downtime, repair, and data loss against modest preventive investments. North America’s leadership stems from stringent electrical-safety codes and the region’s extensive data-center footprint, while Asia-Pacific is gaining momentum on the back of rapid industrialization, large-scale infrastructure projects, and expanding renewable-energy capacity. Medium-voltage devices dominate because most industrial power-distribution networks fall into the 1-35 kV band, and industrial users remain the largest buyers as unplanned outages translate directly into production losses. Technology upgrades are reshaping the surge protection devices market, with connected hardware, analytics-powered predictive maintenance, and higher-capacity designs addressing rising loads in AI data centers and EV-charging hubs.

Key Report Takeaways

  • By installation type, hard-wired devices led with 46% of the surge protection devices market share in 2024; the plug-in segment is projected to advance at a 6.3% CAGR through 2030.
  • By discharge-current rating, the 10 kA-25 kA class held 52% of the surge protection devices market size in 2024, while above-25 kA units are set to grow fastest at 6.6% CAGR between 2025-2030.
  • By voltage class, medium-voltage (1-35 kV) products accounted for 55% of 2024 revenue; high-voltage devices are forecast to expand at a 5.9% CAGR to 2030.
  • By end-user, industrial facilities captured 65% of revenue in 2024; the commercial segment is poised for the quickest rise with a 6.4% CAGR to 2030.
  • By region, North America generated 40% of 2024 turnover; Asia-Pacific is the fastest-growing geography with a 6.2% CAGR expected for 2025-2030.

Segment Analysis

By Installation Type: Hard-Wired Dominates Critical Infrastructure

The hard-wired category accounted for 46% of 2024 revenue as facility engineers prefer devices permanently integrated into switchboards and distribution panels. This configuration offers the lowest let-through voltage, making it a default choice for production lines, cleanrooms, and data halls where uptime is paramount. Smart variants now include field-replaceable modules and web-based dashboards that simplify maintenance schedules.

Plug-in SPDs trail in share but will register the fastest CAGR at 6.3% between 2025-2030 as the smart-home boom continues. Insurance premium incentives and app-enabled power-quality analytics coax homeowners to upgrade from basic strips to networked models. The line-cord niche secures critical servers and audiovisual gear, leveraging slim enclosures and integrated RJ45 ports for combined power-and-signal defense. As code bodies widen protection mandates, hybrid devices that merge hard-wired surge modules with downstream receptacle strips are appearing in commercial buildings seeking whole-system coordination.

Global Surge Protection Devices Market
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Note: Segment shares of all individual segments available upon report purchase

By Discharge-Current Rating: Medium-Capacity Devices Lead Market

Medium-capacity (10 kA-25 kA) products captured 52% of turnover in 2024 by balancing price and performance for office towers, retail chains, and light-industrial workshops. Manufacturers optimize component counts to keep footprints compact while meeting IEC 61643-11 Type 2 limits. This segment anchors coordinated-level approaches where service-entrance units handle high-energy events and downstream boards rely on 10 kA-25 kA modules for fine clamping.

Above-25 kA units will rise at a 6.6% CAGR through 2030, propelled by data-center rack densities that exceed 15 kW per cabinet and renewable-energy substations integrating battery storage. Continuous-operating-voltage ratings climb to 1,500 V DC in battery systems, so surge designs add wider MOV stacks and spark-gap elements. At the other end, up-to-10 kA strips protect home electronics and SOHO gear. Demand here expands steadily as consumers connect televisions, gaming consoles, and smart appliances into unified entertainment hubs that require affordable yet reliable protection.

By Voltage Class: Medium-Voltage Segment Drives Growth

Medium-voltage (1-35 kV) SPDs held a 55% stake in 2024, underpinning distribution transformers, switchgear, and ring-main units. Utilities employ metal-oxide arresters at feeder circuits to limit lightning impulses, while industrial plants deploy panel-mounted units to guard motor drives and control electronics. Digital substations now seek condition monitoring within surge arresters so asset managers can spot moisture ingress or resistive leakage early.

High-voltage devices (More than 35 kV) will outpace the average with a 5.9% CAGR as grid operators expand 138 kV and 230 kV corridors to connect offshore wind and solar farms. Hitachi Energy’s fluoronitrile-based gas mixtures lower greenhouse impact without sacrificing dielectric strength, signaling a sustainability shift in the surge protection devices market. Low-voltage products safeguard everything from HVAC controllers to LED lighting, and adoption rises in emerging economies where urban electrification programs prioritize appliance protection to reduce warranty claims.

Global Surge Protection Devices Market
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Note: Segment shares of all individual segments available upon report purchase

By End-User Vertical: Industrial Applications Maintain Dominance

Industrial facilities generated 65% of 2024 sales, mirroring their exposure to costly downtime and sensitive programmable logic controllers. Process industries outfit every motor-control center with Type 2 SPDs to preserve drives and sensors that coordinate batch quality. Predictive-maintenance systems pull surge-counter data from these units, enabling reliability engineers to correlate transient events with equipment life.

Commercial buildings will grow fastest at 6.4% CAGR as data-processing loads swell in retail, banking, and healthcare. Hyperscale cloud providers lease floors in converted warehouses, all of which require coordinated surge plans. In parallel, the residential segment gains volume from premium single-family construction and smart-condominium projects that pre-install panel-board SPDs and network-connected receptacle strips. This convergence draws industrial-grade features into consumer form factors, lifting baseline quality expectations across all buyer groups.

Geography Analysis

North America contributed 40% of global revenue in 2024, anchored by the United States, where the National Electrical Code now mandates Type 1 or Type 2 protection for all dwelling services[3]National Fire Protection Association, “NFPA 70: National Electrical Code 2023,” nfpa.org. Data-center expansion amplifies demand for high-capacity, service-entrance SPDs. The surge protection devices market size in Canada mirrors the U.S. trajectory as provinces adopt similar code language and utilities promote whole-home programs offering coverage up to USD 5,000 per appliance.

Asia-Pacific will post the fastest 6.2% CAGR to 2030 as manufacturing investment shifts toward India and Southeast Asia. China and Japan drive a thriving plug-in commercial segment, equipping convenience stores and micro-data centers with compact, DIN-rail SPDs. Government plans to lift renewable-energy penetration also accentuate grid-stability challenges, spurring demand for 25 kA-plus products at inverter stations. Regional OEMs partner with multinational brands to localize production, reducing lead times as construction cycles tighten.

Europe maintains a solid share thanks to tight equipment standards and aggressive decarbonization targets that remake grid topology. Germany’s Energiewende and Denmark’s offshore wind arrays entail new 66 kV export cables, each requiring line-surge arresters for voltage stabilization. Corporate sustainability goals further encourage the adoption of eco-friendly arresters that eschew SF6. Meanwhile, South America, the Middle East, and Africa represent emerging pockets where urban electrification and telecom modernization seed incremental volumes. Public-private partnerships building solar-plus-storage microgrids increasingly specify coordinated surge solutions to maximize asset uptime.

Global Surge Protection Devices Market
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Competitive Landscape

The surge protection devices market displays moderate concentration. ABB, Eaton, Schneider Electric, and Siemens collectively hold about 70% of global revenue, leveraging expansive product portfolios, channel reach, and standards-development influence. Each firm funnels research and development into smart, connected modules that stream operational metrics to cloud dashboards. Schneider’s EcoStruxure and Eaton’s Brightlayer exemplify platforms integrating surge health within broader power-quality analytics, giving customers unified visibility over energy and protective devices.

Regional specialists fill white-space niches. Transtector focuses on harsh-environment solutions for 5G base stations, while DEHN targets renewable-energy and battery-storage applications. Delta is scaling 800 V HVDC power architectures for AI data centers that embed coordinated SPDs capable of handling elevated continuous voltages. Component innovation emphasizes low-leakage MOV chemistry and arc-quenching spark gaps to extend lifespan under frequent switching surges.

Strategic moves include technology partnerships and capacity expansions. Hitachi Energy rolled out EconiQ fluoronitrile-based high-voltage arresters, aligning sustainability positioning with utility decarbonization roadmaps. Midsize firms pursue geographic growth by aligning with local panel-board assemblers, bundling SPDs into turnkey gearsets. Price competition remains limited in high-criticality segments as buyers prioritize reliability, but commoditization is visible in residential strips, where branding and retail presence trump advanced specifications.

Surge Protection Devices Industry Leaders

  1. ABB Ltd

  2. Eaton Corporation, Plc.

  3. Emersen Electric Co.

  4. Schneider Electric Se

  5. Littelfuse, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
ABB Ltd, Eaton Corporation, Plc., Emersen Electric Co., Schneider Electric Se, Littelfuse, Inc.
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Recent Industry Developments

  • May 2025: Delta unveiled an 800 V HVDC architecture for AI data centers that boosts efficiency by more than 4% and integrates high-capacity SPDs for rack-level protection.
  • April 2025: Hitachi Energy introduced the EconiQ high-voltage portfolio using fluoronitrile gas mixtures with less than 1% of SF6’s global-warming impact, incorporating surge arresters for transmission applications.
  • January 2025: Jones Lang LaSalle’s 2025 Global Data Center Outlook highlighted rising power-density constraints, fueling demand for advanced surge protection solutions in new nuclear-powered or SMR-equipped sites.
  • January 2025: DEHN launched DEHNcharge T1 BATT 1500 FM for battery-storage systems and DEHNguard EZ50-S, a Type 1 NEMA 4X SPD for AC installations.
  • February 2024: ABB released 273ESA-10 medium-voltage surge arresters for underground distribution, featuring fully shielded EPDM rubber housings.

Table of Contents for Surge Protection Devices Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising adoption of smart-home and IoT devices
    • 4.2.2 Growing grid-instability from renewables integration
    • 4.2.3 Expansion of data-center and telecom power density
    • 4.2.4 EV-charging infrastructure mandates service-entrance SPDs
    • 4.2.5 Insurance-premium incentives for installing SPDs
  • 4.3 Market Restraints
    • 4.3.1 High retrofit installation cost in legacy facilities
    • 4.3.2 Low end-user awareness of hidden SPD failure rates
    • 4.3.3 Confusion over evolving SPD certification schemes
    • 4.3.4 Geopolitical shortages of metal-oxide varistors
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Intensity of Competitive Rivalry
    • 4.7.5 Threat of Substitutes
  • 4.8 Impact of COVID-19 and Long-COVID Effects

5. MARKET SIZE AND GROWTH FORECASTS (VALUES)

  • 5.1 By Installation Type
    • 5.1.1 Hard-Wired
    • 5.1.2 Plug-In
    • 5.1.3 Line Cord
  • 5.2 By Discharge-Current Rating
    • 5.2.1 Up to 10 kA
    • 5.2.2 10 kA-25 kA
    • 5.2.3 Above 25 kA
  • 5.3 By Voltage Class
    • 5.3.1 Low-Voltage (Less than 1 kV)
    • 5.3.2 Medium-Voltage (1-35 kV)
    • 5.3.3 High-Voltage (More than 35 kV)
  • 5.4 By End-User Vertical
    • 5.4.1 Industrial
    • 5.4.2 Commercial
    • 5.4.3 Residential
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.2 Europe
    • 5.5.2.1 United Kingdom
    • 5.5.2.2 Germany
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Russia
    • 5.5.2.7 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia and New Zealand
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Turkey
    • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 ABB Ltd
    • 6.4.2 Eaton Corporation plc
    • 6.4.3 Emerson Electric Co.
    • 6.4.4 Schneider Electric SE
    • 6.4.5 Siemens AG
    • 6.4.6 Littelfuse Inc.
    • 6.4.7 Legrand SA
    • 6.4.8 Leviton Manufacturing Co. Inc.
    • 6.4.9 Hubbell Inc.
    • 6.4.10 Tripp Lite (Eaton brand)
    • 6.4.11 Belkin International Inc.
    • 6.4.12 General Electric Co.
    • 6.4.13 Phoenix Contact GmbH and Co. KG
    • 6.4.14 Citel Electronics Inc.
    • 6.4.15 OBO Bettermann Holding GmbH
    • 6.4.16 Mersen SA
    • 6.4.17 Raycap Corporation
    • 6.4.18 nVent Electric plc (ERICO)
    • 6.4.19 Hager Group
    • 6.4.20 Delta Electronics Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet Need Analysis
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Global Surge Protection Devices Market Report Scope

Surge Protective Devices (SPD) are used to guard against electrical power surges known as transient overvoltages in the electrical installation, which comprises the consumer unit, wiring, and accessories. A surge's effects might cause immediate failure or equipment damage that only becomes apparent over time. The Global Surge Protection device market is segmented by type (Hard-Wired, Plug-in, Line Cord), discharge current ( up to 10KA, 10KA-25KA, Above 25KA), end-user (Industrial, Commercial, Residential) and geography.

By Installation Type Hard-Wired
Plug-In
Line Cord
By Discharge-Current Rating Up to 10 kA
10 kA-25 kA
Above 25 kA
By Voltage Class Low-Voltage (Less than 1 kV)
Medium-Voltage (1-35 kV)
High-Voltage (More than 35 kV)
By End-User Vertical Industrial
Commercial
Residential
By Geography North America United States
Canada
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Australia and New Zealand
Rest of Asia-Pacific
South America Brazil
Rest of South America
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Rest of Africa
By Installation Type
Hard-Wired
Plug-In
Line Cord
By Discharge-Current Rating
Up to 10 kA
10 kA-25 kA
Above 25 kA
By Voltage Class
Low-Voltage (Less than 1 kV)
Medium-Voltage (1-35 kV)
High-Voltage (More than 35 kV)
By End-User Vertical
Industrial
Commercial
Residential
By Geography
North America United States
Canada
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Australia and New Zealand
Rest of Asia-Pacific
South America Brazil
Rest of South America
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Rest of Africa
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Key Questions Answered in the Report

What is the projected value of the surge protection devices market by 2030?

The market is expected to reach USD 3.71 billion by 2030, expanding at a 5.3% CAGR from 2025.

Which installation type is growing fastest?

Plug-in surge protectors are forecast to post a 6.3% CAGR through 2030 as smart-home uptake and insurance incentives fuel residential demand.

Why are high-voltage SPDs gaining attention?

Utility transmission upgrades for large-scale renewables require devices above 35 kV, and eco-friendly gas alternatives such as fluoronitrile are driving new product launches.

How do data centers influence surge protection demand?

AI workloads push power density dramatically higher, prompting facilities to adopt 25 kA-plus SPDs and shift toward 400 V DC or 800 V HVDC architectures with specialized protection.

What role do insurance programs play?

Utilities and insurers offer premium discounts or coverage guarantees—up to USD 5,000 for appliances in some U.S. programs—encouraging homeowners and small businesses to install whole-home SPDs.

How often should surge protection devices be replaced?

Residential strips typically last 2–3 years under normal conditions; industrial units include surge counters and status relays so maintenance teams can replace modules once MOV energy-absorption capacity is exhausted.

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