서지 보호 장치 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the surge protection devices market size in 2026 is estimated at USD 3.01 billion, growing from 2025 value of USD 2.86 billion with 2031 projections showing USD 3.87 billion, growing at 5.18% CAGR over 2026-2031.

This 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).

Global Surge Protection Devices Market Trends and Insights

Rising adoption of smart-home and IoT devices

Smart-home ecosystems now often hold electronics worth more than USD 15,000, exposing households to material financial risk when surges occur. Microprocessors in connected lighting, appliances, and security systems are highly sensitive to voltage transients, and a surge harming one node can propagate through the network. Whole-house surge protection therefore is replacing point-of-use strips, and manufacturers are bundling power-line and data-line protection in a single enclosure to simplify installation. Insurance carriers reinforce this trend by lowering premiums for protected homes, boosting demand in the residential segment. Growing familiarity with home-automation platforms further widens the audience for feature-rich but easy-to-install plug-in SPDs that sync with mobile apps for status alerts.

Growing grid-instability from renewables integration

Wind and solar are projected to supply over 40% of global generation by 2030, yet inverter-based resources lack the high fault currents required by traditional protective relays. As utilities cycle generation to match variable output, switching-induced transients become more frequent, challenging legacy protection schemes. Digital relays and data-driven arc-flash controls are gaining favor, creating demand for surge devices that perform reliably across wider voltage envelopes and fluctuating waveforms. Innovation now centers on devices capable of handling both lightning-induced and switching-induced events, with thermal-disconnect technology protecting MOV elements from accelerated aging.

High retrofit installation cost in legacy facilities

Installing whole-building surge protection in plants built decades ago often necessitates panelboard upgrades, conduit rerouting, or even brief shutdowns. Material costs for a commercial-grade unit run USD 300-700, and professional labor adds USD 100-200 per board, but production downtime can dwarf hardware expense. Many facilities operate on tight margins and defer upgrades until mandated by code revisions or insurance renewals. Vendors are countering with bus-mounted retrofit kits and split-core current-sensing designs that shorten installation windows, yet the perceived payback period still slows adoption, especially in mature industrial economies with aging infrastructure.

Other drivers and restraints analyzed in the detailed report include:

1. Expansion of data-center and telecom power density
2. EV-charging infrastructure mandates service-entrance SPDs
3. Low end-user awareness of hidden SPD failure rates

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

The hard-wired category accounted for 45.40% of 2025 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 6.05% between 2026-2031 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.

Medium-capacity (10 kA-25 kA) products captured 51.30% of turnover in 2025 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 6.32% CAGR through 2031, 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.

Geography Analysis

North America contributed 39.60% of global revenue in 2025, anchored by the United States, where the National Electrical Code now mandates Type 1 or Type 2 protection for all dwelling services. 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 5.98% CAGR to 2031 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.

1. ABB Ltd
2. Eaton Corporation plc
3. Emerson Electric Co.
4. Schneider Electric SE
5. Siemens AG
6. Littelfuse Inc.
7. Legrand SA
8. Leviton Manufacturing Co. Inc.
9. Hubbell Inc.
10. Tripp Lite (Eaton brand)
11. Belkin International Inc.
12. General Electric Co.
13. Phoenix Contact GmbH and Co. KG
14. Citel Electronics Inc.
15. OBO Bettermann Holding GmbH
16. Mersen SA
17. Raycap Corporation
18. nVent Electric plc (ERICO)
19. Hager Group
20. Delta Electronics Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

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