• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    US Surge Protection Devices Market

    ID: MRFR/E&P/16476-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US Surge Protection Devices Market Research Report By Type (Metal Oxide Varistors, Transient Voltage Suppressors, Gas Discharge Tubes, Surge Protective Devices with Integrated Circuits), By Application (Residential, Commercial, Industrial, Telecommunications), By End Use (Consumer Electronics, Power Distribution, IT and Telecom, Healthcare) and By Product Class (Plug-in Devices, Hardwired Devices, Power Strip Devices) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Surge Protection Devices Market Infographic
    Purchase Options

    US Surge Protection Devices Market Summary

    As per MRFR analysis, the US surge protection devices market Size was estimated at 707.4 USD Million in 2024. The US surge protection-devices market is projected to grow from 744.33 USD Million in 2025 to 1238.34 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.22% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US surge protection devices market is experiencing robust growth driven by technological advancements and increasing safety awareness.

    • The market is witnessing increased adoption in smart homes, reflecting a shift towards integrated technology solutions.
    • Regulatory compliance and standards are becoming more stringent, influencing product development and market entry.
    • There is a growing focus on sustainable solutions, aligning with broader environmental goals and consumer preferences.
    • Rising demand for electrical safety and expansion of renewable energy sources are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 707.4 (USD Million)
    2035 Market Size 1238.34 (USD Million)

    Major Players

    Schneider Electric (FR), Eaton Corporation (US), Siemens AG (DE), ABB Ltd (CH), Emerson Electric Co. (US), General Electric (US), Leviton Manufacturing Co., Inc. (US), Tripp Lite (US)

    US Surge Protection Devices Market Trends

    The surge protection devices market is currently experiencing notable growth, driven by increasing awareness of electrical safety and the rising incidence of power surges. As technology advances, the demand for reliable protection against voltage spikes is becoming more pronounced. This trend is particularly evident in residential and commercial sectors, where the integration of smart devices necessitates enhanced protection measures. Furthermore, regulatory standards are evolving, compelling manufacturers to innovate and improve their offerings. The market appears poised for expansion as consumers prioritize safeguarding their electronic investments. In addition, the surge protection-devices market is witnessing a shift towards eco-friendly solutions. Manufacturers are exploring sustainable materials and energy-efficient designs, aligning with broader environmental goals. This focus on sustainability may attract a new segment of environmentally conscious consumers. As the market evolves, it is likely that advancements in technology will continue to shape product development, leading to more sophisticated and effective surge protection solutions. Overall, the surge protection-devices market is adapting to meet the changing needs of consumers and regulatory frameworks, indicating a dynamic future ahead.

    Increased Adoption in Smart Homes

    The surge protection-devices market is seeing a rise in demand due to the growing trend of smart home technology. As households increasingly integrate smart devices, the need for reliable surge protection becomes critical to prevent damage from power fluctuations.

    Regulatory Compliance and Standards

    Regulatory bodies are implementing stricter standards for electrical safety, which is influencing the surge protection-devices market. Manufacturers are compelled to enhance their products to meet these evolving regulations, ensuring consumer safety.

    Focus on Sustainable Solutions

    There is a noticeable shift towards eco-friendly surge protection devices. Manufacturers are exploring sustainable materials and energy-efficient designs, appealing to environmentally conscious consumers and aligning with broader sustainability goals.

    US Surge Protection Devices Market Drivers

    Rising Demand for Electrical Safety

    The surge protection-devices market experiences a notable increase in demand driven by heightened awareness of electrical safety among consumers and businesses. As electrical surges can cause significant damage to appliances and infrastructure, the need for protective devices becomes paramount. In the US, the market is projected to grow at a CAGR of approximately 6.5% from 2025 to 2030. This growth is fueled by the increasing reliance on electronic devices and the subsequent need to safeguard them from voltage spikes. Furthermore, the rise in home automation and smart technologies necessitates robust surge protection solutions, as these systems are often sensitive to electrical fluctuations. Consequently, the surge protection-devices market is likely to see a surge in innovation and product development to meet these safety demands.

    Increased Infrastructure Development

    The surge protection-devices market is significantly influenced by the ongoing infrastructure development across the US. As urban areas expand and new commercial and residential buildings are constructed, the need for reliable electrical systems becomes increasingly important. This growth in infrastructure necessitates the installation of surge protection devices to safeguard electrical systems from potential surges caused by construction activities or increased electrical loads. The market is projected to grow in tandem with infrastructure investments, which are expected to reach over $1 trillion in the next decade. This trend indicates a robust opportunity for surge protection manufacturers to cater to the needs of new developments, ensuring that electrical systems are adequately protected from surges.

    Expansion of Renewable Energy Sources

    The transition towards renewable energy sources in the US is significantly impacting the surge protection-devices market. As solar panels and wind turbines become more prevalent, the need for effective surge protection becomes critical. These renewable energy systems are susceptible to voltage surges, which can lead to costly damages and operational downtime. The surge protection-devices market is expected to benefit from this trend, as more installations of renewable energy systems require reliable protection mechanisms. According to estimates, the renewable energy sector is anticipated to grow by over 20% in the next five years, further driving the demand for surge protection solutions. This expansion not only enhances energy security but also necessitates the integration of advanced surge protection devices to ensure the longevity and efficiency of renewable installations.

    Growing Awareness of Cybersecurity Risks

    The surge protection-devices market is also being shaped by the growing awareness of cybersecurity risks associated with electrical systems. As more devices become interconnected through the Internet of Things (IoT), the potential for cyberattacks that exploit electrical vulnerabilities increases. This awareness drives the demand for surge protection devices that not only protect against electrical surges but also incorporate cybersecurity features. The surge protection-devices market is likely to see an increase in products designed to mitigate risks associated with cyber threats, appealing to both residential and commercial sectors. As organizations prioritize cybersecurity, the integration of surge protection with advanced security features may become a key differentiator in the market.

    Technological Advancements in Surge Protection

    Technological advancements play a crucial role in shaping the surge protection-devices market. Innovations in materials and design have led to the development of more efficient and reliable surge protection devices. For instance, the introduction of smart surge protectors that can monitor electrical usage and provide real-time alerts is gaining traction among consumers. These devices not only protect against surges but also enhance energy management, appealing to environmentally conscious users. The surge protection-devices market is likely to see a shift towards more integrated solutions that combine surge protection with energy efficiency features. As technology continues to evolve, manufacturers are expected to invest in research and development to create products that meet the growing demands of consumers and businesses alike.

    Market Segment Insights

    By Application: Residential (Largest) vs. Commercial (Fastest-Growing)

    The market share distribution among the application segments in the US surge protection-devices market shows residential applications holding the largest share. This segment benefits from the growing emphasis on safeguarding homes against electrical surges, especially with the increasing reliance on electronic devices. Meanwhile, the commercial sector, driven by a surge in infrastructure development, is rapidly expanding, capturing attention as a significant player in the market. Growth trends indicate that the commercial segment is on track to become the fastest-growing sector, fueled by increased investments in commercial real estate and renovation projects. The rising awareness about the importance of electrical safety in workplaces is driving demand for surge protection devices. Additionally, the telecommunications sector, although smaller, is also witnessing growth as reliance on communication technologies escalates.

    Residential (Dominant) vs. Commercial (Emerging)

    The residential application of surge protection devices is characterized by its dominance in the US surge protection-devices market. This segment is primarily driven by consumer demand for enhanced safety measures within homes, as households increasingly invest in electronic gadgets and appliances. On the other hand, the commercial segment is emerging rapidly, stimulated by a wave of new construction and the retrofitting of existing structures with modern electrical safety standards. This juxtaposition highlights the difference in focus, with residential applications prioritizing personal safety and convenience, while commercial applications emphasize compliance with industry regulations and operational efficiency.

    By Type: Metal Oxide Varistors (Largest) vs. Transient Voltage Suppressors (Fastest-Growing)

    In the US surge protection-devices market, the market share distribution reveals that Metal Oxide Varistors (MOVs) account for a significant portion of the total share, driven by their reliable performance and widespread applications in various consumer electronics. Transient Voltage Suppressors (TVS) are gaining traction, representing a growing segment as industries focus on sophisticated electronic devices that require advanced protection against voltage spikes, thereby carving out a noteworthy share in the market. Growth trends in this market segment are particularly influenced by an increasing awareness of power disturbances and their potential impacts on electronic components. The rise in smart home technologies and the expansion of telecom infrastructures are expected to fuel the demand for surge protection devices with integrated circuits (ICs), alongside the innovation of Gas Discharge Tubes (GDTs) that are being adopted for their efficiency in industrial settings, thereby offering prospects for emergence in the market.

    Metal Oxide Varistors (Dominant) vs. Transient Voltage Suppressors (Emerging)

    Metal Oxide Varistors (MOVs) are established as the dominant player in the US surge protection-devices market, known for their high energy absorption capabilities and robustness in protecting against transient voltage spikes. Their ability to handle large surges effectively makes them a preferred choice for various electrical applications. In contrast, Transient Voltage Suppressors (TVS) are emerging rapidly due to their effectiveness in protecting sensitive electronic components. TVS devices are particularly favored in environments where fast response times are critical, such as in telecommunications and computing. With continuous advancements enhancing their design and operational efficiency, both segment values are witnessing dynamic momentum that shapes the surge protection landscape.

    By End Use: Consumer Electronics (Largest) vs. Healthcare (Fastest-Growing)

    The market share distribution among the segments in the US surge protection-devices market reflects a keen interest in Consumer Electronics, which holds the largest share. This segment is primarily driven by the rapid adoption of smart devices and the increasing reliance on technology in everyday life. Other segments like Power Distribution, IT and Telecom, exhibit significant contributions, but they do not match the scale of the Consumer Electronics segment. Healthcare is emerging as the fastest-growing segment due to heightened awareness of electrical safety and the increasing need for reliable surge protection in medical equipment. The acceleration in telehealth services and digitized patient care solutions are crucial growth drivers that encourage investment in surge protection technology to support sensitive electronic healthcare systems.

    Power Distribution: Dominant vs. IT and Telecom: Emerging

    Power Distribution is positioned as a dominant segment in the US surge protection-devices market, ensuring the stability and reliability of power supply across various applications. This segment encompasses protective devices for both residential and commercial buildings, prioritizing efficiency and safety. In contrast, the IT and Telecom sector is emerging, focusing on safeguarding sensitive electronic equipment from voltage spikes. This segment is gaining traction due to the surge in data-driven industries and the reliance on uninterrupted connectivity. While Power Distribution establishes robustness, IT and Telecom is rapidly adapting to innovations in surge protection, creating a dynamic competition for market share.

    By Product Class: Plug-in Devices (Largest) vs. Hardwired Devices (Fastest-Growing)

    In the US surge protection-devices market, the distribution of market share among product classes reveals that plug-in devices command a significant portion due to their convenience and ease of use. This segment appeals to both residential and business environments, making it the largest category in the market. Hardwired devices, though currently smaller in share, showcase a growing popularity among consumers seeking more permanent solutions for surge protection. The growth trends in the product class segment are primarily driven by increased awareness of electrical safety and the rising dependency on electronic devices in homes and offices. Hardwired devices are emerging as a popular choice, especially in new constructions and renovations, as they provide comprehensive protection. Meanwhile, plug-in devices continue to thrive, supported by innovations in technology that enhance their performance and usability.

    Plug-in Devices (Dominant) vs. Hardwired Devices (Emerging)

    Plug-in devices are the dominant force in the US surge protection-devices market, known for their user-friendly design and flexibility, making them suitable for a variety of consumer needs. These devices are widely available and often favored for personal and professional use. In contrast, hardwired devices are emerging as an essential choice for those seeking long-term solutions that offer robust protection against power surges. Although they make up a smaller segment at this time, their integration into modern electrical systems is gaining traction, especially as homeowners and businesses invest in more comprehensive safety measures. They are recognized for their reliability and effectiveness, especially in areas with frequent electrical disturbances.

    Get more detailed insights about US Surge Protection Devices Market

    Key Players and Competitive Insights

    The surge protection-devices market is characterized by a competitive landscape that is increasingly shaped by technological advancements and a growing emphasis on sustainability. Key players such as Schneider Electric (FR), Eaton Corporation (US), and Siemens AG (DE) are actively pursuing strategies that focus on innovation and regional expansion. Schneider Electric (FR) has positioned itself as a leader in digital transformation, integrating IoT capabilities into its surge protection solutions, which enhances their functionality and appeal. Meanwhile, Eaton Corporation (US) emphasizes supply chain optimization and local manufacturing to improve responsiveness to market demands, thereby strengthening its competitive edge. Siemens AG (DE) is also focusing on strategic partnerships to enhance its product offerings, which collectively influences the market dynamics by fostering a culture of innovation and collaboration among competitors.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and enhance supply chain efficiency. The market appears moderately fragmented, with several players vying for market share, yet the collective influence of major companies like General Electric (US) and ABB Ltd (CH) is notable. These firms are leveraging their extensive distribution networks and technological expertise to maintain a competitive stance, which further complicates the market structure as smaller players struggle to keep pace with the rapid advancements.

    In October 2025, Eaton Corporation (US) announced a strategic partnership with a leading renewable energy firm to develop integrated surge protection solutions tailored for solar energy systems. This move is significant as it not only diversifies Eaton's product portfolio but also aligns with the growing trend towards renewable energy, positioning the company favorably in a market that increasingly values sustainability. The partnership is expected to enhance Eaton's market presence in the renewable sector, potentially leading to increased sales and brand loyalty.

    In September 2025, Schneider Electric (FR) launched a new line of surge protection devices that incorporate advanced AI algorithms to predict and mitigate electrical surges. This innovation is crucial as it reflects the company's commitment to leveraging cutting-edge technology to enhance product reliability and performance. By integrating AI, Schneider Electric (FR) not only differentiates its offerings but also addresses the evolving needs of consumers who prioritize smart technology in their electrical systems.

    In August 2025, Siemens AG (DE) expanded its operations in North America by establishing a new manufacturing facility dedicated to surge protection devices. This strategic move is indicative of Siemens' commitment to increasing its production capacity and improving supply chain efficiency. The facility is expected to create numerous jobs and enhance local economic development, while also allowing Siemens to respond more swiftly to customer demands in the region.

    As of November 2025, the surge protection-devices market is witnessing trends that emphasize digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming increasingly vital, as companies recognize the need to collaborate to enhance their technological capabilities and market reach. The competitive landscape is shifting from a focus on price-based competition to one that prioritizes innovation, technological advancement, and supply chain reliability. This evolution suggests that companies that can effectively differentiate themselves through unique offerings and robust partnerships will likely thrive in the future.

    Key Companies in the US Surge Protection Devices Market market include

    Industry Developments

    The US Surge Protection Devices Market has witnessed significant developments, with major companies like Emerson Electric, Eaton, and Schneider Electric continuing to innovate in response to increasing demand for electrical safety. In September 2023, Emerson Electric announced advancements in technology that improve the efficiency of their surge protection devices. Additionally, in August 2023, Eaton launched a new line of surge protective devices tailored for smart buildings, highlighting an increasing trend toward smart grid integration. The market has seen a growth valuation, with several companies reporting increases in revenue due to heightened awareness of the need for electrical safety.

    In October 2022, ABB completed the acquisition of a local firm specializing in advanced surge protection technologies, further solidifying its presence in the US market. Other significant players, such as Leviton and CyberPower, are actively enhancing their product lines to cope with escalating demand, driven by electric vehicle adoption and the growing number of electronic devices in homes and businesses. The US market continues evolving rapidly as industry players leverage technological advancements to provide better protection solutions.

    Future Outlook

    US Surge Protection Devices Market Future Outlook

    The surge protection-devices market is projected to grow at a 5.22% CAGR from 2024 to 2035, driven by increasing demand for electrical safety and technological advancements.

    New opportunities lie in:

    • Development of smart surge protection systems for residential use.
    • Expansion into renewable energy sectors with tailored protection solutions.
    • Partnerships with electrical contractors for integrated service offerings.

    By 2035, the market is expected to achieve robust growth, reflecting evolving consumer needs and technological innovations.

    Market Segmentation

    US Surge Protection Devices Market Type Outlook

    • Metal Oxide Varistors
    • Transient Voltage Suppressors
    • Gas Discharge Tubes
    • Surge Protective Devices with Integrated Circuits

    US Surge Protection Devices Market End Use Outlook

    • Consumer Electronics
    • Power Distribution
    • IT and Telecom
    • Healthcare

    US Surge Protection Devices Market Application Outlook

    • Residential
    • Commercial
    • Industrial
    • Telecommunications

    US Surge Protection Devices Market Product Class Outlook

    • Plug-in Devices
    • Hardwired Devices
    • Power Strip Devices

    Report Scope

    MARKET SIZE 2024 707.4(USD Million)
    MARKET SIZE 2025 744.33(USD Million)
    MARKET SIZE 2035 1238.34(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 5.22% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Schneider Electric (FR), Eaton Corporation (US), Siemens AG (DE), ABB Ltd (CH), Emerson Electric Co. (US), General Electric (US), Leviton Manufacturing Co., Inc. (US), Tripp Lite (US)
    Segments Covered Application, Type, End Use, Product Class
    Key Market Opportunities Integration of smart technology in surge protection-devices enhances consumer safety and energy efficiency.
    Key Market Dynamics Rising demand for advanced surge protection devices driven by increasing electronic device usage and regulatory standards.
    Countries Covered US

    Leave a Comment

    FAQs

    What is the expected market size of the US Surge Protection Devices Market in 2024?

    The US Surge Protection Devices Market is expected to be valued at 493.2 million USD in 2024.

    What will be the market value of the US Surge Protection Devices Market by 2035?

    By 2035, the market value is anticipated to reach 990.0 million USD.

    What is the projected compound annual growth rate (CAGR) for the US Surge Protection Devices Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 6.539% from 2025 to 2035.

    Which type of surge protection device is projected to have the highest market value in 2035?

    The Transient Voltage Suppressors are projected to have the highest market value, reaching 290.0 million USD in 2035.

    What market share do Metal Oxide Varistors hold in 2024 within the US Surge Protection Devices Market?

    In 2024, Metal Oxide Varistors are valued at 120.0 million USD.

    Who are the leading players in the US Surge Protection Devices Market?

    Major players include Emerson Electric, ABB, Eaton, and Schneider Electric among others.

    What will the market value of Gas Discharge Tubes be in 2035?

    The market value for Gas Discharge Tubes is expected to be 200.0 million USD in 2035.

    What is the projected market value for Surge Protective Devices with Integrated Circuits in 2024?

    The expected market value for Surge Protective Devices with Integrated Circuits is 123.2 million USD in 2024.

    What growth opportunities exist for the US Surge Protection Devices Market?

    The market is expected to see growth opportunities driven by increasing demand for electrical safety and advancements in technology.

    How does the competitive landscape of the US Surge Protection Devices Market look?

    The competitive landscape is robust with key players contributing significant market shares and continuous innovation.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions