서지보호기 시장 규모, 점유율 및 동향 분석 보고서 : 제품별, 제품 유형별, 정격 전력별, 용도별, 지역별 및 부문별 예측(2026-2033년)

Surge Protection Devices Market Summary

The global surge protection devices market size was estimated at USD 3.49 billion in 2025 and is projected to reach USD 6.06 billion by 2033, growing at a CAGR of 7.2% from 2026 to 2033. The market growth can be attributed to the growing demand for surge protection devices (SPD) to protect the new, innovative electrical and electronic gadgets being installed in homes and offices.

Other factors that are expected to drive the demand for surge protection devices include the alternative energy programs being pursued aggressively all over the world and the rising operating costs stemming from power quality issues and the resultant frequent equipment failure. The ability of surge protection devices to cut electricity bills by reducing the power consumed by gadgets is also expected to play a vital role in driving the growth of the market over the forecast period.

The continued amendments various governments are making in their respective regulations for public safety are expected to contribute to the growth of the surge protection devices industry. For instance, in the U.S., the National Electrical Code, published and sponsored by the National Fire Protection Association in Quincy, Massachusetts, is updated every three years in line with the rapid technological advancements. The code was updated to its 2020 edition, and the revised edition includes a new requirement for surge protection throughout the house. While the new rule applies to new homes, it becomes applicable to the existing homes when the service panel is updated. The revised National Electrical Code envisages protecting the appliances, electronic equipment, and computers from electrical surges.

Another major trend fueling market growth is the expansion of renewable energy systems and grid modernization initiatives. Solar PV installations, wind energy systems, and battery storage units are highly susceptible to power surges caused by grid instability and lightning strikes. As countries continue to invest in clean energy transitions and smart grid infrastructure, the integration of SPDs becomes essential to protect these systems and maintain operational reliability. This trend is significantly boosting SPD deployment in energy and utility applications worldwide.

The increasing developments made in smart homes worldwide are expected to boost the demand for smart home-enabled surge protection devices worldwide. According to the statistics provided by Oberlo, 63.43 million households in the U.S. actively use smart home gadgets in 2023. The adoption of smart gadgets in the coming years is expected to grow at a growth rate of 10.2%. Oberlo predicts that 93.59 million U.S. households will the smart home gadgets by 2027. These smart gadgets are expected to make smart homes more technologically convenient and easier to use.

Surge protection devices are of paramount importance for protecting electrical installations. As such, the growing sales of household electronic devices across the globe are expected to accentuate the growth of the surge protection devices (SPD) market. According to the study conducted by the United States Public Interest Research Group (U.S. PIRG), a nonprofit organization focusing on consumer issues, as of 2021, American households spent about USD 1,767 on buying new electronic products per year. However, lower awareness of surge protection devices in emerging countries and regions is anticipated to hinder the growth of the market.

Global Surge Protection Devices Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest segmental trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global surge protection devices market report based on product, type, power rating, end use, and region:

• Product Outlook (Revenue, USD Million, 2021 - 2033)
• Hard-wired
• Plug-in
• Line Cord
• Power Control Devices
• Type Outlook (Revenue, USD Million, 2021 - 2033)
• Type 1
• Type 2
• Type 3
• Type 4
• Power Rating Outlook (Revenue, USD Million, 2021 - 2033)
• 0-50 kA
• 50.1-100 kA
• 100.1-200 kA
• 200.1 kA and Above
• End Use Outlook (Revenue, USD Million, 2021 - 2033)
• Commercial Complexes
• Data Center
• Industries & Manufacturing Units
• Medical
• Residential Buildings & Spaces
• Telecommunication
• Transportation
• Others
• Regional Outlook (Revenue, USD Million, 2021 - 2033)
• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
• Middle East and Africa (MEA)
  • KSA
  • UAE
  • South Africa

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation and Scope
• 1.2. Research Methodology
  • 1.2.1. Information Procurement
• 1.3. Information or Data Analysis
• 1.4. Methodology
• 1.5. Research Scope and Assumptions
• 1.6. Market Formulation & Validation
• 1.7. Country-Based Segment Share Calculation
• 1.8. List of Data Sources

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segment Outlook
• 2.3. Competitive Insights

Chapter 3. Surge Protection Devices Market Variables, Trends, & Scope

• 3.1. Market Lineage Outlook
• 3.2. Market Dynamics
  • 3.2.1. Market Driver Analysis
  • 3.2.2. Market Restraint Analysis
  • 3.2.3. Power Rating Challenge
• 3.3. Surge Protection Devices Market Analysis Tools
  • 3.3.1. Power Rating Analysis - Porter's
    • 3.3.1.1. Bargaining power of the suppliers
    • 3.3.1.2. Bargaining power of the buyers
    • 3.3.1.3. Threats of substitution
    • 3.3.1.4. Threats from new entrants
    • 3.3.1.5. Competitive rivalry
  • 3.3.2. PESTEL Analysis
    • 3.3.2.1. Political landscape
    • 3.3.2.2. Economic and social landscape
    • 3.3.2.3. Technological landscape

Chapter 4. Surge Protection Devices Market: Product Estimates & Trend Analysis

• 4.1. Segment Dashboard
• 4.2. Surge Protection Devices Market: Product Movement Analysis, 2025 & 2033 (USD Million)
• 4.3. Hard-wired
  • 4.3.1. Hard-wired Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 4.4. Plug-in
  • 4.4.1. Plug-in Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 4.5. Line Cord
  • 4.5.1. Line Cord Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 4.6. Power Control Devices
  • 4.6.1. Power Control Devices Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 5. Surge Protection Devices Market: Type Estimates & Trend Analysis

• 5.1. Segment Dashboard
• 5.2. Surge Protection Devices Market: Type Movement Analysis, 2025 & 2033 (USD Million)
• 5.3. Type 1
  • 5.3.1. Type 1 Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 5.4. Type 2
  • 5.4.1. Type 2 Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 5.5. Type 3
  • 5.5.1. Type 3 Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 5.6. Type 4
  • 5.6.1. Type 4 Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 6. Surge Protection Devices Market: Power Rating Estimates & Trend Analysis

• 6.1. Segment Dashboard
• 6.2. Surge Protection Devices Market: Power Rating Movement Analysis, 2025 & 2033 (USD Million)
• 6.3. 0-50 kA
  • 6.3.1. 0-50 kA Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 6.4. 50.1-100 kA
  • 6.4.1. 50.1-100 kA Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 6.5. 100.1-200 kA
  • 6.5.1. 100.1-200 kA Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 6.6. 200.1 kA and Above
  • 6.6.1. 200.1 kA and Above Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 7. Surge Protection Devices Market: End Use Estimates & Trend Analysis

• 7.1. Segment Dashboard
• 7.2. Surge Protection Devices Market: End Use Movement Analysis, 2025 & 2033 (USD Million)
• 7.3. Commercial Complexes
  • 7.3.1. Commercial Complexes Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.4. Data Center
  • 7.4.1. Data Center Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.5. Industries & Manufacturing Units
  • 7.5.1. Industries & Manufacturing Units Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.6. Medical
  • 7.6.1. Medical Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.7. Residential Buildings & Spaces
  • 7.7.1. Residential Buildings & Spaces Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.8. Telecommunication
  • 7.8.1. Telecommunication Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.9. Transportation
  • 7.9.1. Transportation Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.10. Others
  • 7.10.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 8. Surge Protection Devices Market: Regional Estimates & Trend Analysis

• 8.1. Surge Protection Devices Market Share, By Region, 2025 & 2033 (USD Million)
• 8.2. North America
  • 8.2.1. North America Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.2.2. U.S.
    • 8.2.2.1. U.S. Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.2.3. Canada
    • 8.2.3.1. Canada Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.2.4. Mexico
    • 8.2.4.1. Mexico Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.3. Europe
  • 8.3.1. Europe Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.3.2. UK
    • 8.3.2.1. UK Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.3.3. Germany
    • 8.3.3.1. Germany Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.3.4. France
    • 8.3.4.1. France Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.4. Asia Pacific
  • 8.4.1. Asia Pacific Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.2. China
    • 8.4.2.1. China Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.3. Japan
    • 8.4.3.1. Japan Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.4. India
    • 8.4.4.1. India Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.5. South Korea
    • 8.4.5.1. South Korea Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.6. Australia
    • 8.4.6.1. Australia Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.5. Latin America
  • 8.5.1. Latin America Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.5.2. Brazil
    • 8.5.2.1. Brazil Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.6. Middle East and Africa
  • 8.6.1. Middle East and Africa Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.6.2. UAE
    • 8.6.2.1. UAE Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.6.3. KSA
    • 8.6.3.1. KSA Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.6.4. South Africa
    • 8.6.4.1. South Africa Surge Protection Devices Market Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 9. Competitive Landscape

• 9.1. Company Categorization
• 9.2. Company Market Positioning
• 9.3. Company Heat Map Analysis
• 9.4. Company Profiles/Listing
  • 9.4.1. ABB Ltd.
    • 9.4.1.1. Participant's Overview
    • 9.4.1.2. Financial Performance
    • 9.4.1.3. Product Benchmarking
    • 9.4.1.4. Strategic Initiatives
  • 9.4.2. General Electric Company
    • 9.4.2.1. Participant's Overview
    • 9.4.2.2. Financial Performance
    • 9.4.2.3. Product Benchmarking
    • 9.4.2.4. Strategic Initiatives
  • 9.4.3. Schneider Electric
    • 9.4.3.1. Participant's Overview
    • 9.4.3.2. Financial Performance
    • 9.4.3.3. Product Benchmarking
    • 9.4.3.4. Strategic Initiatives
  • 9.4.4. Eaton Corporation plc
    • 9.4.4.1. Participant's Overview
    • 9.4.4.2. Financial Performance
    • 9.4.4.3. Product Benchmarking
    • 9.4.4.4. Strategic Initiatives
  • 9.4.5. Legrand
    • 9.4.5.1. Participant's Overview
    • 9.4.5.2. Financial Performance
    • 9.4.5.3. Product Benchmarking
    • 9.4.5.4. Strategic Initiatives
  • 9.4.6. Emerson Electric Co.
    • 9.4.6.1. Participant's Overview
    • 9.4.6.2. Financial Performance
    • 9.4.6.3. Product Benchmarking
    • 9.4.6.4. Strategic Initiatives
  • 9.4.7. Siemens
    • 9.4.7.1. Participant's Overview
    • 9.4.7.2. Financial Performance
    • 9.4.7.3. Product Benchmarking
    • 9.4.7.4. Strategic Initiatives
  • 9.4.8. CG Power and Industrial Solutions Limited
    • 9.4.8.1. Participant's Overview
    • 9.4.8.2. Financial Performance
    • 9.4.8.3. Product Benchmarking
    • 9.4.8.4. Strategic Initiatives
  • 9.4.9. Littelfuse, Inc.
    • 9.4.9.1. Participant's Overview
    • 9.4.9.2. Financial Performance
    • 9.4.9.3. Product Benchmarking
    • 9.4.9.4. Strategic Initiatives
  • 9.4.10. Bourns, Inc.
    • 9.4.10.1. Participant's Overview
    • 9.4.10.2. Financial Performance
    • 9.4.10.3. Product Benchmarking
    • 9.4.10.4. Strategic Initiatives