Market Definition

Surge Protection Devices (SPDs) are safety components designed to protect electrical systems and connected equipment from voltage spikes by limiting transient voltages and diverting surge currents. The market encompasses a range of SPD types including Type 1, Type 2, and Type 3.

They are used across residential, commercial, industrial, and utility-scale applications, with integration in AC and DC power systems, renewable energy setups, data centers, telecom infrastructure, and EV charging stations. The scope includes devices based on varying discharge capacities, mounting methods, and standards compliance.

The report provides a comprehensive analysis of key drivers, emerging trends, and the competitive landscape expected to influence the market over the forecast period.

Surge Protection Devices Market Overview

The global surge protection devices market size was valued at USD 2,876.2 million in 2024 and is projected to grow from USD 3,036.4 million in 2025 to USD 4,664.2 million by 2032, exhibiting a CAGR of 6.32% during the forecast period.

The growth is attributed to the rising need for safeguarding sensitive electronic equipment across industrial, commercial, and residential environments, alongside the increasing integration of surge protection in EV charging infrastructure.

Major companies operating in the surge protection devices industry are ABB, Schneider Electric, Eaton, Siemens, Emerson Electric Co., Littelfuse, Inc., Prosurge, Inc, Phoenix Contact, Shenzhen Techwin Lightning Technologies Co., Ltd., CITEL, Hubbell, Raycap, Leviton Manufacturing Co., Inc., Mersen Corporate Services SAS, and Belkin.

The expansion of telecom infrastructure and data centers is significantly driving the market by elevating the demand for uninterrupted power continuity and safeguarding sensitive electronic systems.

This growth includes the rapid deployment of 5G towers, fiber-optic networks, and hyperscale data centers, which require surge protection to mitigate downtime, equipment failure, and data loss from voltage spikes. The risk exposure to transient overvoltages increases as communication networks and digital storage hubs expand globally, amplifying the need for reliable SPD systems.

SPD manufacturers are engineering advanced, compact, and high-performance solutions specifically designed for data centers and telecom facilities. Providers are focusing on product innovations with modularity, real-time monitoring, and compliance with international safety standards to meet the protection demands of high-density network environments.

Strategic collaborations with telecom operators and data center developers are also enabling tailored installations aligned with critical infrastructure requirements. These developments are reinforcing the market’s upward trajectory, with sustained infrastructure growth continuing to position SPDs as essential components in digital connectivity ecosystems.

In June 2025, Applied Optoelectronics Inc. reported the first volume shipment of high-speed data center transceivers to a re-engaged major hyperscale data center client, marking its first substantial delivery to this customer in several years. This development highlights the accelerating expansion of data infrastructure, further reinforcing the demand for surge protection solutions.

Key Highlights:

The surge protection devices market size was valued at USD 2,876.2 million in 2024.
The market is projected to grow at a CAGR of 6.32% from 2025 to 2032.
North America held a market share of 36.55% in 2024, with a valuation of USD 1,051.3 million.
The hardwired devices segment garnered USD 1,211.5 million in revenue in 2024.
The type 2 segment is expected to reach USD 1,898.7 million by 2032.
The above 100 kA segment secured the largest revenue share of 42.26% in 2024.
The data centers segment is poised for a robust CAGR of 11.89% through the forecast period.
The market in Asia Pacific is anticipated to grow at a CAGR of 7.70% during the forecast period.

Market Driver

Growing Demand for Sensitive Equipment Protection

The growing need to safeguard sensitive electronic equipment is driving the market. This demand is fueled by the increasing integration of advanced electronics across industrial systems, commercial buildings, and residential settings.

This demand includes safeguarding mission-critical components such as servers, control systems, medical devices, and smart appliances from transient voltage spikes that can cause operational disruptions or permanent damage.

The growing reliance on automation, smart technologies, and interconnected devices further intensifies the need for reliable surge protection solutions across various sectors.

Manufacturers are addressing this demand by developing application-specific SPDs with enhanced precision, fast response time, and advanced diagnostic features. Product designs are increasingly aligned with the protection requirements of high-value electronic systems, incorporating thermal disconnection mechanisms and monitoring capabilities.

Providers are also offering customized surge protection systems compatible with evolving voltage levels and equipment sensitivity standards. These advancements are enhancing product offerings and accelerating adoption across key end-user segments, driving sustained growth in the market.

In May 2024, DEHN expanded its surge protection portfolio with the DEHNguard M DC ACI 1250 FM, developed to protect sensitive electronics in high-power EV charging stations and battery storage systems. This expansion addresses the growing demand for advanced SPD solutions in modern energy infrastructure and digital mobility applications.

Market Challenge

Lack of Standardization and Regulatory Variability

One of the primary challenges in the surge protection devices market is the lack of standardized installation practices and varying compliance regulations across regions. This inconsistency leads to improper deployment, reducing the overall effectiveness of SPDs and increasing vulnerability to equipment damage.

As a result, end users often hesitate to invest in surge protection solutions, especially in emerging markets where awareness and technical expertise remain limited, thereby slowing market adoption.

Leading manufacturers are focusing on developing region-specific guidelines, enhancing training modules for electrical professionals, and ensuring that product certifications align with local standards. Moreover, companies are investing in awareness campaigns and partnering with regulatory bodies to streamline compliance frameworks.

These strategic measures aim to improve installation quality, enhance end-user confidence, and ultimately drive consistent growth in SPD adoption across diverse geographies.

Market Trend

Integration of Surge Protection in EV Charging Infrastructure

A key trend shaping the market is the accelerating development of Electric Vehicle (EV) charging infrastructure. As governments and private stakeholders expand EV charging networks, the focus on integrating surge protection within power electronics is growing to ensure system resilience and uptime.

This trend highlights a shift toward incorporating compact, high-performance SPDs in AC and DC charging stations to safeguard sensitive components from voltage transients. This increasing alignment of surge protection with EV infrastructure design is reinforcing product innovation and standardization, positioning SPDs as an essential element in the evolving electric mobility ecosystem.

In April 2025, Raycap launched the ProBloc T2 EV, a compact Type 2+3 SPD for AC wall-box EV chargers. This development reflects the trend of tailored surge protection solutions for electric mobility, aligning with IEC 60364-7-722 and addressing the growing need for safe, space-efficient EV charging infrastructure.

Surge Protection Devices Market Report Snapshot

Segmentation	Details
By Product Type	Plug-in Devices, Hardwired Devices, Line Cord Devices, Power Control Center Devices
By Device Type	Type 1, Type 2, Type 3
By Power Rating	Below 50 kA, 50–100 kA, Above 100 kA
By End-Use Industry	Residential, Commercial, Industrial, Utilities & Energy, Data Centers
By Region	North America: U.S., Canada, Mexico
	Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe
	Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific
	Middle East & Africa: Turkey, U.A.E., Saudi Arabia, South Africa, Rest of Middle East & Africa
	South America: Brazil, Argentina, Rest of South America

Market Segmentation:

By Product Type (Plug-in Devices, Hardwired Devices, Line Cord Devices, and Power Control Center Devices): The hardwired devices segment earned USD 1,211.5 million in 2024, due to their extensive use in industrial and commercial power systems, driven by the need for reliable, centralized protection against electrical surges.
By Device Type (Type 1, Type 2, and Type 3): The type 2 segment held 40.22% share of the market in 2024, due to its essential role in protecting low-voltage power distribution systems, offering an optimal balance between performance, cost, and ease of installation.
By Power Rating (Below 50 kA, 50–100 kA, and Above 100 kA): The above 100 kA segment is projected to reach USD 1,764.8 million by 2032, owing to its suitability for a wide range of residential, commercial, and industrial applications, offering effective protection at moderate energy levels.
By End User (Residential, Commercial, Industrial, Utilities & Energy, and Data Centers): The industrial segment earned USD 926.7 million in 2024, due to the high demand for surge protection in manufacturing and processing facilities, where uninterrupted operations and protection of sensitive equipment are critical.

Surge Protection Devices Market Regional Analysis

Based on region, the global market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Surge Protection Devices Market Size & Share, By Region, 2025-2032

North America accounted for 36.55% share of the surge protection devices market in 2024, with a valuation of USD 1,051.3 million. This dominance is attributed to the mature and expanding power infrastructure across North America, which creates a consistent need for advanced electrical protection systems.

The presence of a well-established grid accelerates the integration of surge protection devices to safeguard critical assets from voltage disturbances where continued investments in grid modernization drive SPD adoption across legacy systems and new installations.

Infrastructure upgrades involving smart grids, renewable energy integration, and automation further intensify the demand for robust surge mitigation solutions. This sustained development of the power ecosystem reinforces North America's position as the dominant region in the market.

In July 2024, the US. Department of Energy updated its grid modernization strategy to enhance real-time grid monitoring and protection. The deployment of advanced sensors and digital systems across substations and feeders increases vulnerability to voltage surges, driving the demand for SPD across North America’s expanding smart grid infrastructure.

The surge protection devices industry in Asia Pacific is poised for significant growth at a robust CAGR of 7.70% over the forecast period. This growth is attributed to rapid urbanization and large-scale infrastructure expansion across Asia Pacific, driving extensive demand for electrical protection solutions.

Accelerated construction of residential, commercial, and industrial facilities is increasing the reliance on sensitive electronic systems requiring surge protection.

Investments in transportation, energy, and telecommunications projects are creating a broad base for SPD deployment. Expansion of smart cities and industrial corridors further amplifies the need for resilient power systems to prevent operational disruptions.

This ongoing infrastructure transformation, supported by government initiatives and rising electricity consumption, positions Asia Pacific as the fastest-growing region in the market.

Regulatory Frameworks

In the U.S., the National Electric Code (NEC) mandates the installation of Type 1 or 2 SPD at residential service entrances and on critical circuits like emergency lighting, fire pumps, and elevators.
In China, the China Compulsory Certification (CCC), managed by the China Quality Certification Center (CQC), is a mandatory regulatory system ensuring electromagnetic compatibility (EMC) and safety compliance for SPD.

Competitive Landscape

The competitive landscape of the surge protection devices market is characterized by intensified innovation and frequent product launches, focusing on enhanced performance, compact design, and compliance with evolving safety standards.

Key manufacturers are introducing next-generation SPDs tailored for emerging applications, including EV infrastructure, smart grids, and renewable energy systems. These advancements emphasize increased energy-handling capacity, real-time monitoring features, and improved thermal disconnection mechanisms.

Strategic efforts are also directed toward addressing region-specific regulatory requirements and integration with digital platforms. Moreover, continuous investment in R&D and expansion of product portfolios are reinforcing market positioning, reflecting a strong push toward technological leadership and differentiated value propositions.

In January 2024, Littelfuse, Inc. unveiled the SM10 Varistor Series, a high-performance Metal Oxide Varistor (MOV) designed for robust surge protection in automotive electronics, EVs, and other demanding applications. As the first surface-mounted MOV that meets AEC-Q200 standards, it offers high surge capacity and thermal durability, aligning with the innovation-driven, standards-focused competitive landscape of the market.

List of Key Companies in Surge Protection Devices Market:

ABB
Schneider Electric
Eaton
Siemens
Emerson Electric Co.
Littelfuse, Inc.
Prosurge, Inc
Phoenix Contact
Shenzhen Techwin Lightning Technologies Co., Ltd.
CITEL
Hubbell
Raycap
Leviton Manufacturing Co., Inc.
Mersen Corporate Services SAS
Belkin

Recent Developments (Launches)

In April 2025, Bourns, Inc. expanded its AEC-Q200 compliant BVRA multilayer varistor portfolio with the launch of the BVRA1210 and BVRA1812 Series. Engineered for modern automotive electronics, these low-voltage varistors offer enhanced surge protection through optimized energy volume distribution and advanced power dissipation, ensuring reliable performance in sensitive automotive circuits.
In January 2025, JY Electronics launched the TS0541TB-HFx, an SPD tailored for high-speed signal lines. Leveraging ultra-low capacitance technology and advanced packaging, it ensures reliable protection for interfaces such as USB 2.0, USB 3.0, and USB Type-C. Its target applications include PCs, laptops, TVs, wearables, TWS, and IoT modules.
In October 2024, DEHN launched the DEHNguard EZ50-S, a Type 1 NEMA 4X SPD offering high-performance surge protection and simplified maintenance. Engineered for AC power protection across industrial, commercial, energy, and renewable applications, including EV charging and battery storage, it delivers a cost-effective solution to enhance system reliability and reduce operational downtime.
In March 2024, Siemens introduced the SENTRON ECPD, an advanced electronic circuit protection device featuring innovative electronic switching technology. Unlike traditional electro-mechanical systems, it electronically detects and isolates faults, activating the downstream mechanical isolating contact when required. This breakthrough marks a significant advancement in circuit protection, offering enhanced reliability and operational efficiency.