The global market for Surge Protection Devices (SPDs) was estimated to be worth US$ 2361.28 million in 2024 and is forecast to a readjusted size of US$ 2677.94 million by 2031 with a CAGR of 1.87% during the forecast period 2025-2031.
North American market for Surge Protection Devices (SPDs) was valued at $ 332.96 million in 2024 and will reach $ 341.55 million by 2031, at a CAGR of 0.51 % during the forecast period of 2024 through 2031.
Asia-Pacific market for Surge Protection Devices (SPDs) was valued at $ 1,381.88 million in 2024 and will reach $ 1,568.64 million by 2031, at a CAGR of 1.71 % during the forecast period of 2024 through 2031.
Europe market for Surge Protection Devices (SPDs) was valued at $ 495.82 million in 2024 and will reach $ 503.68 million by 2031, at a CAGR of 0.54 % during the forecast period of 2025 through 2031.
The global key companies of Surge Protection Devices (SPDs) include Phoenix, ABB, Emerson, DEHN SE, Eaton, Siemens, ZG, Citel, Obo Bettermann, Schneider, etc. In 2024, the global five largest players hold a share approximately 27.17 % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Surge Protection Devices (SPDs), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Surge Protection Devices (SPDs) by region & country, by Type, and by Application.
The Surge Protection Devices (SPDs) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Surge Protection Devices (SPDs).
Market Segmentation
By Company
- Phoenix
- ABB
- Emerson
- DEHN SE
- Eaton
- Siemens
- ZG
- Citel
- Obo Bettermann
- Schneider
- Weidmuller
- Littelfuse
- Mersen Electrical
- NVent
- Philips
- LEIAN
- HPXIN
- MVC-Maxivolt
- ASP
- Legrand
- JMV
- Chengdu Pedaro Technology
- Xiamen SET
- C-Power
- MCG Surge Protection
- Leviton
- KEANDA
Segment by Type
- Power Type SPD
- Signal Type SPD
- Others
Segment by Application
- Communication
- Construction
- Electric Power
- Transportation
- Oil and Gas
- PV
- Wind Power
- Others
By Region
- North America
- United States
- Mexico
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Rest of Europe
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Middle East
- Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Surge Protection Devices (SPDs) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Surge Protection Devices (SPDs) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Surge Protection Devices (SPDs) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.