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Surge Protection Devices Market Report by Product, Type, Power Rating, End User, and Region 2025-2033- Product Image
Surge Protection Devices Market Report by Product, Type, Power Rating, End User, and Region 2025-2033- Product Image
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Surge Protection Devices Market Report by Product, Type, Power Rating, End User, and Region 2025-2033

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    Report

  • 137 Pages
  • April 2025
  • Region: Global
  • IMARC Group
  • ID: 5732676
Description Jump to:
The global surge protection devices market size reached USD 3.6 Billion in 2024. Looking forward, the analyst expects the market to reach USD 5.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.9% during 2025-2033. The market is primarily driven by increasing energy investment, supportive government policies, expanding renewable energy projects, the growing awareness regarding potential damage from power surges, and the integration of advanced technologies in power systems.

Surge protection devices (SPDs) are small electric power supply network, which are extensively deployed in the commercial and residential sectors for protecting electrical devices and appliances from voltage spikes. They operate when the transient voltage transpires on the protected circuit, and then it inhibits the transient voltage by diverting the current back to its source. They are commercially available in varying types, such as voltage limiting and switching. The voltage limiting components change in impedance as currents rise whereas, switching components turn on once a threshold voltage is exceeded and instantly drop to a low impedance.

Surge Protection Devices Market Trends:

The rapid expansion in the automotive industry, along with the escalating demand for slim smart portable appliances with a faster processor, better power densities and enhanced sensitivity, are key factors primarily driving the global surge protection devices market toward growth. Furthermore, the increasing utilization of electrical and mechanical components in the automobile sectors for improving driving assistance, navigation, passenger, telematics, safety and comfort is positively influencing the market. In line with this, the use of these devices for delivering smart and high-performance functionalities by inhibiting the overheating and preventing wires is propelling the market growth.

Other than this, the introduction of equipment miniaturization has also led to the growth in the demand for circuit protection solutions in the market across the globe. Additionally, the growing investments and funding made by manufacturers for developing compact and innovative products for dealing with the vulnerable voltages and electrical surges are positively impacting the market. Other than this, the numerous initiatives undertaken by the governments of various nations for enhancing the infrastructure to mandate the safety standards of workplaces are creating a positive outlook for the market.

Key Market Segmentation:

This report provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product, type, power rating and end user.

Breakup by Product:

  • Hard-wired
  • Plug-in
  • Line Cord
  • Power Control Devices

Breakup by Type:

  • Type 1
  • Type 2
  • Type 3
  • Type 4

Breakup by Power Rating:

  • 0-50 kA
  • 50.1-100 kA
  • 100.1-200 kA
  • 200.1 kA and Above

Breakup by End User:

  • Commercial Complexes
  • Data Centre
  • Industries and Manufacturing Units
  • Medical
  • Residential Buildings and Spaces
  • Telecommunication
  • Transportation
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Belkin International Inc. (Hon Hai Precision Industry Co. Ltd.), Eaton Corporation PLC, Emerson Electric Co., General Electric Company, Havells India Ltd., Hubbell Incorporated, Koninklijke Philips N.V., Legrand, Littelfuse Inc., Mersen, Schneider Electric SE and Siemens AG.

Key Questions Answered in This Report:

  • What was the size of the global surge protection devices market in 2024?
  • What is the expected growth rate of the global surge protection devices market during 2025-2033?
  • What are the key factors driving the global surge protection devices market?
  • What has been the impact of COVID-19 on the global surge protection devices market?
  • What is the breakup of the global surge protection devices market based on the product?
  • What is the breakup of the global surge protection devices market based on the type?
  • What is the breakup of the global surge protection devices market based on the power rating?
  • What are the key regions in the global surge protection devices market?
  • Who are the key players/companies in the global surge protection devices market?

Table of Contents

?1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Surge Protection Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Hard-wired
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Plug-in
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Line Cord
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Power Control Devices
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Type
7.1 Type 1
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Type 2
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Type 3
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Type 4
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Power Rating
8.1 0-50 kA
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 50.1-100 kA
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 100.1-200 kA
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 200.1 kA and Above
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End User
9.1 Commercial Complexes
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Data Centre
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Industries and Manufacturing Units
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Medical
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Residential Buildings and Spaces
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Telecommunication
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Transportation
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 ABB Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Belkin International Inc. (Hon Hai Precision Industry Co. Ltd.)
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Eaton Corporation PLC
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Emerson Electric Co.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 General Electric Company
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Havells India Ltd.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Hubbell Incorporated
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Koninklijke Philips N.V.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Legrand
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Littelfuse Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Mersen
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Schneider Electric SE
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 Siemens AG
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
List of Figures
Figure 1: Global: Surge Protection Devices Market: Major Drivers and Challenges
Figure 2: Global: Surge Protection Devices Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Surge Protection Devices Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: Surge Protection Devices Market: Breakup by Product (in %), 2024
Figure 5: Global: Surge Protection Devices Market: Breakup by Type (in %), 2024
Figure 6: Global: Surge Protection Devices Market: Breakup by Power Rating (in %), 2024
Figure 7: Global: Surge Protection Devices Market: Breakup by End User (in %), 2024
Figure 8: Global: Surge Protection Devices Market: Breakup by Region (in %), 2024
Figure 9: Global: Surge Protection Devices (Hard-wired) Market: Sales Value (in Million USD), 2019 & 2024
Figure 10: Global: Surge Protection Devices (Hard-wired) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 11: Global: Surge Protection Devices (Plug-in) Market: Sales Value (in Million USD), 2019 & 2024
Figure 12: Global: Surge Protection Devices (Plug-in) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 13: Global: Surge Protection Devices (Line Cord) Market: Sales Value (in Million USD), 2019 & 2024
Figure 14: Global: Surge Protection Devices (Line Cord) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 15: Global: Surge Protection Devices (Power Control Devices) Market: Sales Value (in Million USD), 2019 & 2024
Figure 16: Global: Surge Protection Devices (Power Control Devices) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 17: Global: Surge Protection Devices (Type 1) Market: Sales Value (in Million USD), 2019 & 2024
Figure 18: Global: Surge Protection Devices (Type 1) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 19: Global: Surge Protection Devices (Type 2) Market: Sales Value (in Million USD), 2019 & 2024
Figure 20: Global: Surge Protection Devices (Type 2) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 21: Global: Surge Protection Devices (Type 3) Market: Sales Value (in Million USD), 2019 & 2024
Figure 22: Global: Surge Protection Devices (Type 3) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 23: Global: Surge Protection Devices (Type 4) Market: Sales Value (in Million USD), 2019 & 2024
Figure 24: Global: Surge Protection Devices (Type 4) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 25: Global: Surge Protection Devices (0-50 kA) Market: Sales Value (in Million USD), 2019 & 2024
Figure 26: Global: Surge Protection Devices (0-50 kA) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 27: Global: Surge Protection Devices (50.1-100 kA) Market: Sales Value (in Million USD), 2019 & 2024
Figure 28: Global: Surge Protection Devices (50.1-100 kA) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 29: Global: Surge Protection Devices (100.1-200 kA) Market: Sales Value (in Million USD), 2019 & 2024
Figure 30: Global: Surge Protection Devices (100.1-200 kA) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 31: Global: Surge Protection Devices (200.1 kA and Above) Market: Sales Value (in Million USD), 2019 & 2024
Figure 32: Global: Surge Protection Devices (200.1 kA and Above) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 33: Global: Surge Protection Devices (Commercial Complexes) Market: Sales Value (in Million USD), 2019 & 2024
Figure 34: Global: Surge Protection Devices (Commercial Complexes) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 35: Global: Surge Protection Devices (Data Centre) Market: Sales Value (in Million USD), 2019 & 2024
Figure 36: Global: Surge Protection Devices (Data Centre) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 37: Global: Surge Protection Devices (Industries and Manufacturing Units) Market: Sales Value (in Million USD), 2019 & 2024
Figure 38: Global: Surge Protection Devices (Industries and Manufacturing Units) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 39: Global: Surge Protection Devices (Medical) Market: Sales Value (in Million USD), 2019 & 2024
Figure 40: Global: Surge Protection Devices (Medical) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 41: Global: Surge Protection Devices (Residential Buildings and Spaces) Market: Sales Value (in Million USD), 2019 & 2024
Figure 42: Global: Surge Protection Devices (Residential Buildings and Spaces) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 43: Global: Surge Protection Devices (Telecommunication) Market: Sales Value (in Million USD), 2019 & 2024
Figure 44: Global: Surge Protection Devices (Telecommunication) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 45: Global: Surge Protection Devices (Transportation) Market: Sales Value (in Million USD), 2019 & 2024
Figure 46: Global: Surge Protection Devices (Transportation) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 47: Global: Surge Protection Devices (Other End Users) Market: Sales Value (in Million USD), 2019 & 2024
Figure 48: Global: Surge Protection Devices (Other End Users) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 49: North America: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 50: North America: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 51: United States: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 52: United States: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 53: Canada: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 54: Canada: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 55: Asia-Pacific: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 56: Asia-Pacific: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 57: China: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 58: China: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 59: Japan: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 60: Japan: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 61: India: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 62: India: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 63: South Korea: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 64: South Korea: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 65: Australia: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 66: Australia: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 67: Indonesia: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 68: Indonesia: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 69: Others: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 70: Others: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 71: Europe: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 72: Europe: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 73: Germany: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 74: Germany: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 75: France: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 76: France: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 77: United Kingdom: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 78: United Kingdom: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 79: Italy: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 80: Italy: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 81: Spain: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 82: Spain: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 83: Russia: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 84: Russia: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 85: Others: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 86: Others: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 87: Latin America: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 88: Latin America: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 89: Brazil: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 90: Brazil: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 91: Mexico: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 92: Mexico: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 93: Others: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 94: Others: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 95: Middle East and Africa: Surge Protection Devices Market: Sales Value (in Million USD), 2019 & 2024
Figure 96: Middle East and Africa: Surge Protection Devices Market: Breakup by Country (in %), 2024
Figure 97: Middle East and Africa: Surge Protection Devices Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 98: Global: Surge Protection Devices Industry: SWOT Analysis
Figure 99: Global: Surge Protection Devices Industry: Value Chain Analysis
Figure 100: Global: Surge Protection Devices Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Surge Protection Devices Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: Surge Protection Devices Market Forecast: Breakup by Product (in Million USD), 2025-2033
Table 3: Global: Surge Protection Devices Market Forecast: Breakup by Type (in Million USD), 2025-2033
Table 4: Global: Surge Protection Devices Market Forecast: Breakup by Power Rating (in Million USD), 2025-2033
Table 5: Global: Surge Protection Devices Market Forecast: Breakup by End User (in Million USD), 2025-2033
Table 6: Global: Surge Protection Devices Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 7: Global: Surge Protection Devices Market: Competitive Structure
Table 8: Global: Surge Protection Devices Market: Key Players

Companies Mentioned

  • ABB Ltd.
  • Belkin International Inc. (Hon Hai Precision Industry Co. Ltd.)
  • Eaton Corporation PLC
  • Emerson Electric Co.
  • General Electric Company
  • Havells India Ltd.
  • Hubbell Incorporated
  • Koninklijke Philips N.V.
  • Legrand
  • Littelfuse Inc.
  • Mersen
  • Schneider Electric SE
  • Siemens AG

Methodology

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Table Information

Report AttributeDetails
No. of Pages137
PublishedApril 2025
Forecast Period2024 - 2033
Estimated Market Value ( USD ) in 2024 $ 3.6 Billion
Forecasted Market Value ( USD ) by 2033 $ 5.6 Billion
Compound Annual Growth Rate5.0%
Regions CoveredGlobal
No. of Companies Mentioned13

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