US Surge Protection Devices Market Overview:
As per MRFR analysis, the US Surge Protection Devices Market Size was estimated at 464.4 (USD Million) in 2023. The US Surge Protection Devices Market Industry is expected to grow from 493.2(USD Million) in 2024 to 990 (USD Million) by 2035. The US Surge Protection Devices Market CAGR (growth rate) is expected to be around 6.539% during the forecast period (2025 - 2035).
Key US Surge Protection Devices Market Trends Highlighted
The US Surge Protection Devices Market is experiencing significant growth driven by increasing awareness of electrical safety and the importance of protecting electronic devices from power surges. The rise in the adoption of smart home technology and reliance on sensitive electronics are key factors propelling this market. As more households integrate smart appliances, the need for effective surge protection has become a priority to prevent potential damage. In recent times, there has been a notable trend towards developing advanced surge protection technologies, including whole-house surge suppressors and network-based systems. Consumers are now more inclined to invest in surge protection devices that offer enhanced features, such as Wi-Fi connectivity and real-time monitoring.This shift indicates a growing preference for sophisticated solutions that can seamlessly integrate into modern homes and businesses. Opportunities in the US market revolve around raising awareness through educational campaigns and promoting energy-efficient products that reduce the risk of surges. Utility companies and government agencies are actively promoting initiatives to encourage customers to protect their electrical systems better. Additionally, the integration of surge protection in commercial buildings is gaining traction as businesses increasingly understand the financial implications of downtime caused by electrical damage. Overall, the US Surge Protection Devices Market is poised for sustained growth, fueled by increased consumer awareness, technological advancements, and a proactive approach from both industry stakeholders and regulatory bodies.As the demand for protection against electrical disturbances continues to rise, market players are focusing on innovation and customer education to capitalize on these emerging trends.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
US Surge Protection Devices Market Drivers
Increasing Adoption of Smart Homes and IoT Devices
The rising trend towards smart homes and Internet of Things (IoT) devices is significantly driving the US Surge Protection Devices Market Industry. As smart devices become more prevalent, the need for effective surge protection has grown in order to safeguard these sensitive electronics from power surges. According to the U.S. Department of Energy, nearly 48% of American households own at least one smart device, indicating a robust potential market for surge protection solutions.This growing number of smart home technologies presents a challenge in terms of power quality and reliability, as these devices are more susceptible to damage from voltage spikes. Major organizations, such as the Consumer Electronics Association, are also pushing for better standards in surge protection as part of their initiatives to promote consumer safety. The integration of surge protection within smart home products thus becomes crucial, hence driving the demand in the US Surge Protection Devices Market.
Rising Incidences of Power Surges Due to Extreme Weather
The increasing frequency of extreme weather events directly contributes to the rise in demand for surge protection devices in the US. According to the National Oceanic and Atmospheric Administration, the number of severe weather events, such as thunderstorms and hurricanes, has increased by 30% over the last decade. Such extreme conditions can result in sudden spikes in electricity caused by lightning strikes or power line faults. Homeowners and businesses are increasingly aware of the potential damage that these surges can cause, leading them to invest in surge protection devices.Established organizations, such as the Federal Emergency Management Agency, are concurrently promoting the importance of surge protection as a part of disaster preparedness, enhancing the market's growth prospects.
Increasing Consciousness Regarding Electrical Safety
As awareness of electrical safety grows, individuals and organizations in the US are becoming more proactive in investing in surge protection devices. The Electrical Safety Foundation International indicates that electric surge-related incidents result in millions of dollars in property damage annually. In fact, over 24,000 house fires each year are attributed to electrical malfunctions, with a notable percentage linked to surges. This statistic underscores the potential risk and the necessity for surge protection solutions.With growing advocacy from safety agencies and insurance companies, there is an upward trend in the utilization of surge protection devices among both residential and commercial users, ultimately supporting the growth of the US Surge Protection Devices Market.
Expanding Telecommunications and Data Center Industries
The rapid expansion of the telecommunications sector in the US, along with the booming data center industry, is a significant driver of the US Surge Protection Devices Market. Reports state that the telecommunications industry generated over 1.5 trillion USD in revenue in 2022. This growth fuels demand for reliable power systems, highlighting the need for effective surge protective measures to safeguard sensitive equipment. Furthermore, as data centers grow in number and scale, the importance of surge protection becomes critical to prevent costly downtimes and equipment failures.Major players in the telecommunications sector, like AT&T and Verizon, are increasingly investing in infrastructure that includes advanced surge protection systems, depicting a vital trend that is bolstering the surge protection devices market.
US Surge Protection Devices Market Segment Insights:
Surge Protection Devices Market Type Insights
The US Surge Protection Devices Market encompasses various types that play crucial roles in safeguarding electrical systems from voltage spikes. Among these, Metal Oxide Varistors (MOVs) are a prominent category known for their voltage-clamping capabilities. They are widely used in both residential and commercial settings due to their reliability and effectiveness. Transient Voltage Suppressors (TVS) serve another essential function by providing faster response times than other types, ensuring that sensitive electronics are protected against transient over-voltage events.This characteristic makes TVS devices particularly important for industries heavily reliant on delicate electronic components, as they can avert costly damages. Gas Discharge Tubes (GDTs) are also vital in the market, offering robust protection for high-energy environments, such as telecommunications and power facilities. Their ability to handle substantial energy loads without failure makes them a go-to choice for many heavy-duty applications. Finally, Surge Protective Devices with Integrated Circuits represent an innovative advancement, integrating sophisticated monitoring and control functionalities.This type is gaining traction due to its ability to provide both surge protection and data management, catering to smart grid and IoT applications. Collectively, these types dominate different segments of the market, each fulfilling distinct needs that are increasingly critical in today’s tech-driven world, particularly as infrastructure continues to evolve in the US.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Surge Protection Devices Market Application Insights
The US Surge Protection Devices Market is fundamentally characterized by diverse applications across various sectors including Residential, Commercial, Industrial, and Telecommunications. In the residential sector, the increasing adoption of smart home technologies has heightened the demand for reliable surge protection solutions, as homeowners seek to safeguard their electronic devices from potential damage. Meanwhile, the commercial segment benefits significantly from the surge in digital infrastructure and the necessity for uninterrupted power supply, especially in sectors like retail and hospitality, where operational downtime is costly.The industrial landscape underscores the critical need for robust protection devices as manufacturing and processing facilities primarily depend on heavy machinery that can be adversely affected by power surges. Finally, the telecommunications sector, with its rapid technological advancements and high dependency on constant uptime, drives demand for sophisticated surge protection systems to shield sensitive communication infrastructure. The ongoing expansion and modernization in these areas highlight the significance of the application segment within the overall US Surge Protection Devices Market, reflecting a proactive approach to mitigating risks associated with electrical disturbances.
Surge Protection Devices Market End Use Insights
The End Use segment of the US Surge Protection Devices Market showcases diverse applications across various industries, contributing to its growth and significance. In Consumer Electronics, the prevalence of smart devices and appliances drives the need for effective surge protection solutions, ensuring longevity and functionality. The Power Distribution sector highlights the critical role of surge protection in maintaining grid stability and preventing damage to infrastructure, particularly as renewable energy sources gain traction. In IT and Telecom, the increasing dependence on uninterrupted services makes surge protection essential to safeguard sensitive equipment from voltage spikes, ensuring operational continuity.The Healthcare sector, with its reliance on sophisticated medical devices, emphasizes the importance of surge protection to guarantee patient safety and device reliability. Collectively, these segments underline the importance of surge protection devices in enhancing system resilience and operational efficiency across the US economy, reflecting the US Surge Protection Devices Market’s growing significance in mitigating risk and ensuring reliability in various sectors.
Surge Protection Devices Market Product Class Insights
The US Surge Protection Devices Market exhibits a robust industry framework characterized by its Product Class segmentation, primarily consisting of Plug-in Devices, Hardwired Devices, and Power Strip Devices. Plug-in Devices are particularly prevalent in residential settings, offering convenience and effective surge protection for personal electronics and home appliances. Their ease of use makes them a popular choice among consumers, contributing significantly to market dynamics. Hardwired Devices cater to more comprehensive protection needs, often used in commercial applications to safeguard sensitive equipment from electrical damage.These devices are installed directly into the electrical system, providing enhanced reliability and long-term defense against surges. Meanwhile, Power Strip Devices serve as a versatile solution, combining multiple outlets with surge protection, thus appealing to both residential and office environments. This segment facilitates the growing demand for technology, as more households adopt smart devices and home automation systems. Overall, the US Surge Protection Devices Market benefits from increasing energy consumption and a heightened awareness of electrical safety, creating ample opportunities for growth and innovation within each product type.
US Surge Protection Devices Market Key Players and Competitive Insights:
The US Surge Protection Devices Market is characterized by a dynamic landscape where numerous players vie for market share in a sector that is increasingly crucial for protecting electrical equipment from voltage spikes. With the rise in the adoption of sophisticated electrical appliances and the demand for higher efficiency in operational performance, surge protection devices have gained prominence across various industries. This market is also driven by the growing awareness of the importance of electrical safety and the need for reliable power solutions, which has led to a surge in innovation and competitive strategies among manufacturers. The competitive insights in this market reveal not only the key players but also the trends, technological advancements, distribution channels, and the diverse range of products being offered to meet the needs of various end users.Emerson Electric has established itself as a formidable player in the US Surge Protection Devices Market. With a strong focus on innovation and quality, Emerson Electric leverages advanced technology to develop high-performance surge protection solutions tailored for residential, commercial, and industrial applications. The company has garnered a reputation for its reliability and effectiveness in safeguarding electrical systems, which has significantly bolstered its market presence. The strengths of Emerson Electric lie in its extensive research and development capabilities, a wide distribution network, and a commitment to sustainability. These attributes enable the company to deliver products that not only meet but exceed customer expectations, ensuring a competitive edge in the dynamic landscape of surge protection.Sicame Group is also a key participant in the US Surge Protection Devices Market, known for its diverse portfolio that includes a range of surge protection solutions designed for various applications. The company's strengths are rooted in its expertise in electrical protection and a robust market presence bolstered by strategic partnerships and collaborations. Sicame Group focuses on providing innovative and high-quality products that cater to the specific needs of customers in the US region. The company's presence is further enhanced by its commitment to continuous improvement and investment in state-of-the-art technologies. Sicame Group has also engaged in several strategic mergers and acquisitions to expand its capabilities and product offerings, solidifying its position in the competitive landscape of surge protection devices in the US market. Its comprehensive range of products and commitment to customer service contribute to its strong market position and recognition among industry leaders.
Key Companies in the US Surge Protection Devices Market Include:
Emerson Electric
Sicame Group
ABB
Eaton
Mersen
Leviton
CyberPower
Surge Protection, Inc.
Panasonic
Tripp Lite
General Electric
Power Protection Technologies
Siemens
Schneider Electric
US Surge Protection Devices Market 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.
US Surge Protection Devices Market Segmentation Insights
Surge Protection Devices Market Type Outlook
Metal Oxide Varistors
Transient Voltage Suppressors
Gas Discharge Tubes
Surge Protective Devices with Integrated Circuits
Surge Protection Devices Market Application Outlook
Residential
Commercial
Industrial
Telecommunications
Surge Protection Devices Market End Use Outlook
Consumer Electronics
Power Distribution
IT and Telecom
Healthcare
Surge Protection Devices Market Product Class Outlook
Plug-in Devices
Hardwired Devices
Power Strip Devices
Report Scope:
| Report Attribute/Metric Source: |
Details |
| MARKET SIZE 2018 |
464.4(USD Million) |
| MARKET SIZE 2024 |
493.2(USD Million) |
| MARKET SIZE 2035 |
990.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) |
6.539% (2025 - 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 |
Emerson Electric, Sicame Group, ABB, Eaton, Mersen, Leviton, CyberPower, Surge Protection, Inc., Panasonic, Tripp Lite, General Electric, Power Protection Technologies, Siemens, Schneider Electric |
| SEGMENTS COVERED |
Type, Application, End Use, Product Class |
| KEY MARKET OPPORTUNITIES |
Increased residential construction demand, Growing adoption of smart homes, Rising awareness of electrical safety, Expanding data center infrastructure, Government regulations promoting safety standards |
| KEY MARKET DYNAMICS |
growing demand for electrical safety, increasing adoption of smart homes, rising frequency of electrical surges, regulatory standards and compliance, expanding consumer electronics market |
| COUNTRIES COVERED |
US |
Frequently Asked Questions (FAQ) :
The US Surge Protection Devices Market is expected to be valued at 493.2 million USD in 2024.
By 2035, the market value is anticipated to reach 990.0 million USD.
The market is expected to grow at a CAGR of 6.539% from 2025 to 2035.
The Transient Voltage Suppressors are projected to have the highest market value, reaching 290.0 million USD in 2035.
In 2024, Metal Oxide Varistors are valued at 120.0 million USD.
Major players include Emerson Electric, ABB, Eaton, and Schneider Electric among others.
The market value for Gas Discharge Tubes is expected to be 200.0 million USD in 2035.
The expected market value for Surge Protective Devices with Integrated Circuits is 123.2 million USD in 2024.
The market is expected to see growth opportunities driven by increasing demand for electrical safety and advancements in technology.
The competitive landscape is robust with key players contributing significant market shares and continuous innovation.
