서지 보호 장치 시장 기회, 성장 촉진요인, 업계 동향 분석 및 예측(2026-2035년)

The Global Surge Protection Devices Market was valued at USD 3.9 billion in 2025 and is estimated to grow at a CAGR of 7.1% to reach USD 7.6 billion by 2035.

The market expansion is driven by rising concerns over equipment reliability, the increasing use of sensitive electronics, and the growing integration of smart building technologies. Demand for power quality solutions is escalating as organizations prioritize operational safety and uptime. Surge protection devices, designed to safeguard electrical systems from transient overvoltages caused by lightning, power surges, or switching operations, are critical in modern power distribution networks. Grid modernization initiatives, renewable energy integration, and the expansion of electric vehicle charging infrastructure are bolstering the market. Additionally, hyperscale data center investments, stricter compliance standards, and the increasing frequency of extreme weather events are reinforcing industry growth. Adoption of solar PV systems, battery storage installations, and UL/IEC-certified Surge Protection Devices Market further supports market expansion globally.

The plug-in surge protection device segment held 41.7% share in 2025. Its growth is fueled by the increasing penetration of consumer electronics and rising awareness of point-of-use protection. Residential and small office deployments, coupled with demand for cost-effective and modular plug-in designs integrated into smart home solutions, are driving market adoption.

Type 1 SPDs accounted for 47.8% share in 2025 and are projected to reach USD 3.5 billion by 2035. Increasing installations at service entrances, emphasis on lightning protection, and adoption in utility-scale projects and industrial facilities are supporting growth. Modernization of aging grid infrastructure is further driving the demand for high-energy surge-handling devices.

U.S. Surge Protection Devices Market held a 66.8% share in 2025, generating USD 527.5 million. Growth is driven by grid modernization, smart grid project investments, and the rising use of sensitive electronics in residential and commercial buildings. The expanding data center and cloud computing sectors are fueling further adoption of SPDs to ensure reliable operations.

Leading companies in the Global Surge Protection Devices Market include ABB, Belkin, Bourns, Eaton, Emerson Electric, GE Vernova, Havells India, Hubbell, Infineon Technologies, JMV, Legrand, Leviton Manufacturing, Littelfuse, Maxivolt, Mersen, Philips, Phoenix Contact, Raycap, Rockwell Automation, Schneider Electric, and Siemens. Key strategies adopted by companies in the surge protection devices market include investing in research and development to enhance product reliability, efficiency, and energy compliance. Firms are expanding globally to target emerging markets and forming strategic partnerships with utilities, data center operators, and smart building integrators. Emphasis on modular and plug-in product designs facilitates residential and commercial adoption, while achieving UL and IEC certifications strengthens trust and regulatory compliance. Companies are also focusing on retrofitting aging electrical infrastructure, offering predictive maintenance solutions, and integrating IoT-enabled SPDs to differentiate their portfolio, increase market share, and solidify long-term footholds in the competitive industry.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Research approach
• 1.2 Quality commitments
  • 1.2.1 GMI AI policy & data integrity commitment
    • 1.2.1.1 Source consistency protocol
• 1.3 Research trail & confidence scoring
  • 1.3.1 Research trail components
  • 1.3.2 Scoring components
• 1.4 Data collection
  • 1.4.1 Partial list of primary sources
• 1.5 Data mining sources
  • 1.5.1 Paid sources
    • 1.5.1.1 Sources, by region
• 1.6 Base estimates and calculations
  • 1.6.1 Base year calculation for any one approach
• 1.7 Market estimates & forecasts parameters
• 1.8 Forecast model
  • 1.8.1 Quantified market impact analysis
    • 1.8.1.1 Mathematical impact of growth parameters on forecast
• 1.9 Research transparency addendum
  • 1.9.1 Source attribution framework
  • 1.9.2 Quality assurance metrics
  • 1.9.3 Our commitment to trust
• 1.10 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2022 - 2035
• 2.2 Business trends
• 2.3 Product trends
• 2.4 Technology trends
• 2.5 Power rating trends
• 2.6 Application trends
• 2.7 Regional trends

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Raw material availability & sourcing analysis
  • 3.1.2 Manufacturing capacity assessment
  • 3.1.3 Supply chain resilience & risk factors
  • 3.1.4 Distribution network analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis
  • 3.6.1 Political factors
  • 3.6.2 Economic factors
  • 3.6.3 Social factors
  • 3.6.4 Technological factors
  • 3.6.5 Legal factors
  • 3.6.6 Environmental factors
• 3.7 Cost structure analysis of surge protection devices
• 3.8 Price trend analysis
  • 3.8.1 By product
  • 3.8.2 By region
• 3.9 Emerging opportunities & trends
• 3.10 Digitalization and IoT integration

Chapter 4 Competitive Landscape, 2025

• 4.1 Introduction
• 4.2 Company market share analysis, by region, 2025
  • 4.2.1 North America
  • 4.2.2 Europe
  • 4.2.3 Asia Pacific
  • 4.2.4 Middle East & Africa
  • 4.2.5 Latin America
• 4.3 Strategic dashboard
  • 4.3.1 Key partnerships & collaborations
  • 4.3.2 Major M&A activities
  • 4.3.3 Product innovations & launches
  • 4.3.4 Market expansion strategies
• 4.4 Strategic initiatives
• 4.5 Competitive benchmarking
• 4.6 Innovation & technology landscape

Chapter 5 Market Size and Forecast, By Product, 2022 - 2035 (USD Million & Units)

• 5.1 Key trends
• 5.2 Hard-wired
• 5.3 Plug-in
• 5.4 Line cord
• 5.5 Power control devices

Chapter 6 Market Size and Forecast, By Technology, 2022 - 2035 (USD Million & Units)

• 6.1 Key trends
• 6.2 Type 1
• 6.3 Type 2
• 6.4 Type 3

Chapter 7 Market Size and Forecast, By Power Rating, 2022 - 2035 (USD Million & Units)

• 7.1 Key trends
• 7.2 ≤ 50 kA
• 7.3 > 50 KA to 100 KA
• 7.4 > 100 KA to 150 KA
• 7.5 > 150 KA

Chapter 8 Market Size and Forecast, By Application, 2022 - 2035 (USD Million & Units)

• 8.1 Key trends
• 8.2 Residential
• 8.3 Commercial
• 8.4 Industrial

Chapter 9 Market Size and Forecast, By Region, 2022 - 2035 (USD Million & Units)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 France
  • 9.3.3 Russia
  • 9.3.4 UK
  • 9.3.5 Italy
  • 9.3.6 Spain
  • 9.3.7 Netherlands
  • 9.3.8 Austria
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 Japan
  • 9.4.3 South Korea
  • 9.4.4 India
  • 9.4.5 Australia
  • 9.4.6 New Zealand
  • 9.4.7 Malaysia
  • 9.4.8 Indonesia
• 9.5 Middle East & Africa
  • 9.5.1 Saudi Arabia
  • 9.5.2 UAE
  • 9.5.3 Qatar
  • 9.5.4 Egypt
  • 9.5.5 South Africa
  • 9.5.6 Nigeria
• 9.6 Latin America
  • 9.6.1 Brazil
  • 9.6.2 Argentina

Chapter 10 Company Profiles

• 10.1 ABB
• 10.2 Belkin
• 10.3 Bourns
• 10.4 Eaton
• 10.5 Emerson Electric
• 10.6 GE Vernova
• 10.7 Havells India
• 10.8 Hubbell
• 10.9 Infineon Technologies
• 10.10 JMV
• 10.11 Legrand
• 10.12 Leviton Manufacturing
• 10.13 Littelfuse
• 10.14 Maxivolt
• 10.15 Mersen
• 10.16 Philips
• 10.17 Phoenix Contact
• 10.18 Raycap
• 10.19 Rockwell Automation
• 10.20 Schneider Electric
• 10.21 Siemens