세계의 서지 보호기 시장 : 예측 - 제품 유형별, 유형별, 공칭 방전 전류별, 전압 클래스별, 설치 장소별, 최종 사용자별, 지역별 분석(2032년)

According to Stratistics MRC, the Global Surge Protection Devices Market is accounted for $2.95 billion in 2025 and is expected to reach $4.49 billion by 2032 growing at a CAGR of 6.2% during the forecast period. Surge Protection Device (SPD) is an electrical safety component designed to shield systems from transient overvoltage events, such as lightning strikes or power grid fluctuations. Installed parallel to the load, it detects sudden voltage spikes and redirects excess energy safely to the ground, preventing damage to sensitive equipment. SPDs maintain high impedance under normal conditions but rapidly switch to low impedance during surges. They are essential for safeguarding industrial, commercial, and residential electrical infrastructures

Market Dynamics:

Driver:

Proliferation of sensitive electronics and digitalization

As digital infrastructure expands especially with the integration of IoT, cloud computing, and automation electronic components become more vulnerable to voltage spikes and transient surges. SPDs are essential for safeguarding sensitive equipment such as servers, control panels, and communication systems. Moreover, the rise in smart homes and connected appliances has amplified the need for robust electrical protection. This trend is further reinforced by growing investments in data centers and digital transformation initiatives globally.

Restraint:

Presence of low-quality and counterfeit products

Surge protection devices often fail to meet international safety standards, posing risks to both equipment and user safety. Their proliferation undermines consumer trust and complicates regulatory enforcement. Manufacturers of genuine SPDs must invest heavily in quality assurance and certification processes to differentiate themselves. Additionally, the lack of stringent inspection mechanisms in some countries allows these inferior products to circulate widely, impeding the growth of reputable brands.

Opportunity:

Growing adoption of smart grid technologies

Smart grids require advanced electrical protection to ensure uninterrupted power flow and protect sensitive control systems from voltage fluctuations. Surge protection becomes critical in substations, distribution networks, and renewable energy installations such as solar farms and wind turbines. As governments and utilities modernize their energy systems, the deployment of intelligent surge protection solutions is expected to accelerate. This shift also opens doors for integrated SPD designs compatible with real-time monitoring and predictive maintenance platforms.

Threat:

Evolving technology and obsolescence

As newer, more efficient surge mitigation technologies emerge, older models may become obsolete, forcing manufacturers to continuously innovate. The pace of change in power electronics, coupled with evolving standards and compliance requirements, can strain R&D budgets and product lifecycles. Additionally, customers may delay purchases in anticipation of next-generation solutions, affecting short-term revenue streams. Companies that fail to adapt risk losing market relevance in an increasingly competitive landscape.

Covid-19 Impact:

The COVID-19 pandemic had a dual impact on the SPD market, disrupting supply chains while simultaneously highlighting the importance of electrical reliability. Initial lockdowns and restrictions led to delays in manufacturing and component sourcing, particularly for semiconductors and metal enclosures. However, the surge in remote work and digital services increased the demand for uninterrupted power and equipment protection, boosting SPD installations in residential and commercial settings.

The hard-wired SPDs segment is expected to be the largest during the forecast period

The hard-wired SPDs segment is expected to account for the largest market share during the forecast period due to their widespread application in fixed electrical installations. These devices offer robust protection for distribution panels, industrial machinery, and commercial buildings, making them indispensable in high-load environments. Their ability to handle large surge currents and provide consistent performance under harsh conditions contributes to their popularity. Additionally, regulatory mandates for surge protection in construction and infrastructure projects further support segment growth.

The custom & integrated solutions segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the custom & integrated solutions segment is predicted to witness the highest growth rate driven by driven by increasing demand for tailored protection systems across specialized applications. Industries such as aerospace, telecommunications, and renewable energy require unique configurations that standard SPDs cannot fulfill. Integrated solutions combine surge protection with monitoring, diagnostics, and remote control capabilities, offering enhanced value. As end-users seek scalable and application-specific protection, this segment is poised for rapid expansion.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share owing to rapid urbanization, industrial growth, and infrastructure development. Countries like China, India, and South Korea are investing heavily in smart cities, renewable energy, and digital connectivity, all of which require reliable surge protection. Additionally, favorable government policies promoting electrical safety and energy efficiency are encouraging widespread SPD deployment across residential and commercial sectors.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR reflecting it's fueled by technological innovation and stringent safety regulations. The region's advanced electrical infrastructure and high penetration of smart devices necessitate sophisticated surge protection solutions. Growth is also driven by rising investments in data centers, electric vehicle charging stations, and renewable energy projects. Moreover, increasing awareness of power quality issues and the financial impact of equipment downtime is prompting businesses to adopt premium SPD systems.

Key players in the market

Some of the key players in Surge Protection Devices Market include Schneider Electric, Eaton Corporation, ABB Ltd., Siemens AG, Legrand SA, Emerson Electric Co., General Electric, Tripp Lite, Vertiv Group Corp., Belkin International, Littelfuse Inc., Mersen Electrical Power, Raycap Corporation, Citel Inc., Hakel Ltd., Phoenix Contact, DEHN SE, NexTek Inc., Bourns Inc., and Advanced Protection Technologies.

Key Developments:

In July 2025, Schneider announced Zeigo(TM) Hub, a scalable platform to accelerate supply-chain decarbonization and help customers meet net-zero goals. The platform connects suppliers, buyers and emissions data to speed up emissions reductions across procurement.

In July 2025, ABB introduced a next-generation machinery drive (ACS380-E) designed for performance, connectivity and integrated cybersecurity. The drive includes dual Ethernet ports and selectable industrial protocols to ease integration into modern machine control.

In June 2025, Eaton announced a strategic acquisition agreement for Ultra PCS Limited to expand capabilities in its Aerospace segment. Eaton cited synergies with existing aerospace products and expects the deal to strengthen its product/service footprint.

Product Types Covered:

• Hard-wired SPDs
• Plug-in SPDs
• Line Cord SPDs
• Power Strip SPDs
• Other Product Types

Types Covered:

• Type 1 (Service Entrance)
• Type 2 (Branch Panel)
• Type 3 (Point-of-Use)
• Gas Discharge Tubes (GDT)
• Metal Oxide Varistors (MOV)
• Silicon Avalanche Diodes (SAD)
• Other Types

Nominal Discharge Currents Covered:

• Below 10 kA
• 10-25 kA
• Above 25 kA

Voltage Classes Covered:

• Low Voltage (<1 kV)
• High Voltage (>35 kV)
• Medium Voltage (1-35 kV)

Installations Covered:

• DIN-rail
• Enclosed
• Outlet type
• Custom & Integrated Solutions
• Other Installations

End Users Covered:

• Residential
• Commercial
• Industrial & Manufacturing
• Utilities & Power Generation
• Oil & Gas
• Telecom & Data Centers
• Renewable Energy
• EV Charging Infrastructure & E-mobility
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Surge Protection Devices Market, By Product Type

• 5.1 Introduction
• 5.2 Hard-wired SPDs
• 5.3 Plug-in SPDs
• 5.4 Line Cord SPDs
• 5.5 Power Strip SPDs
• 5.6 Other Product Types

6 Global Surge Protection Devices Market, By Type

• 6.1 Introduction
• 6.2 Type 1 (Service Entrance)
• 6.3 Type 2 (Branch Panel)
• 6.4 Type 3 (Point-of-Use)
• 6.5 Gas Discharge Tubes (GDT)
• 6.6 Metal Oxide Varistors (MOV)
• 6.7 Silicon Avalanche Diodes (SAD)
• 6.8 Other Types

7 Global Surge Protection Devices Market, By Nominal Discharge Current

• 7.1 Introduction
• 7.2 Below 10 kA
• 7.3 10-25 kA
• 7.4 Above 25 kA

8 Global Surge Protection Devices Market, By Voltage Class

• 8.1 Introduction
• 8.2 Low Voltage (<1 kV)
• 8.3 High Voltage (>35 kV)
• 8.4 Medium Voltage (1-35 kV)

9 Global Surge Protection Devices Market, By Installation

• 9.1 Introduction
• 9.2 DIN-rail
• 9.3 Enclosed
• 9.4 Outlet type
• 9.5 Custom & Integrated Solutions
• 9.6 Other Installations

10 Global Surge Protection Devices Market, By End User

• 10.1 Introduction
• 10.2 Residential
• 10.3 Commercial
• 10.4 Industrial & Manufacturing
• 10.5 Utilities & Power Generation
• 10.6 Oil & Gas
• 10.7 Telecom & Data Centers
• 10.8 Renewable Energy
• 10.9 EV Charging Infrastructure & E-mobility
• 10.10 Other End Users

11 Global Surge Protection Devices Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Schneider Electric
• 13.2 Eaton Corporation
• 13.3 ABB Ltd.
• 13.4 Siemens AG
• 13.5 Legrand SA
• 13.6 Emerson Electric Co.
• 13.7 General Electric
• 13.8 Tripp Lite
• 13.9 Vertiv Group Corp.
• 13.10 Belkin International
• 13.11 Littelfuse Inc.
• 13.12 Mersen Electrical Power
• 13.13 Raycap Corporation
• 13.14 Citel Inc.
• 13.15 Hakel Ltd.
• 13.16 Phoenix Contact
• 13.17 DEHN SE
• 13.18 NexTek Inc.
• 13.19 Bourns Inc.
• 13.20 Advanced Protection Technologies