サージ保護デバイス市場 – 2030年までの世界予測

Surge Protection Devices Market - Global Forecast To 2030

サージ保護デバイス市場 - 製品(有線、プラグイン、ラインコード、電力制御デバイス)、技術別(タイプ1、タイプ2、タイプ3)、公称放電電流別(10kA未満、10~25kA、25kA超)、エンドユーザー、地域別 - 2030年までの世界予測
Surge Protection Devices Market by Product (Hard-wired, Plug-in, Line Cord, Power Control Devices), by Technology (Type 1, Type 2, Type 3), by Nominal Discharge Current (Below 10kA, 10–25kA, Above 25kA), End-User, and Region - Global Forecast to 2030

商品番号 : SMB-79788

出版社MarketsandMarkets
出版年月2025年6月
ページ数317
図表数300
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、サージ保護デバイス市場を製品、技術、公称放電電流、エンドユーザー、地域別に定義、説明、予測しています。また、市場の詳細な定性・定量分析も提供しています。主要な市場推進要因、制約要因、機会、課題を包括的に分析しています。さらに、競争環境の分析、市場ダイナミクス、市場価値の推定、サージ保護装置市場の将来動向など、市場の様々な重要な側面を網羅しています。

The surge protection devices market is estimated to grow from USD 2.98 billion in 2025 to USD 3.95 billion by 2030, at a CAGR of 5.8% during the forecast period. The market is primarily driven by the need to safeguard sensitive electronic equipment from power surges, ensuring operational continuity and minimizing equipment damage.

サージ保護デバイス市場は、2025年の29億8,000万米ドルから2030年には39億5,000万米ドルに拡大し、予測期間中に5.8%の年平均成長率(CAGR)で成長すると予測されています。この市場は、主に、高感度電子機器を電力サージから保護し、運用継続性を確保し、機器の損傷を最小限に抑えるというニーズによって牽引されています。

サージ保護デバイス市場 - 2030年までの世界予測
surge-protection-device-market

“By nominal discharge current, below 10 kA is expected to be the second-largest market during the forecast period.

By nominal discharge current, the below 10 kA segment is expected to be the second-largest market from 2025 to 2030, primarily due to the rapid growth in residential and light commercial applications where lower surge protection ratings are sufficient. These SPDs are cost-effective, easy to install, and well-suited for protecting household electronics, smart appliances, and office equipment from minor voltage spikes caused by internal switching events or nearby disturbances. As the adoption of connected devices and smart home systems accelerates globally, especially in emerging economies, the demand for affordable, plug-in, and point-of-use surge protection is rising, solidifying this segment’s strong position in the overall market.

By product, plug-in is projected to be the second-largest market during the forecast period.

The plug-in segment, by product, is expected to be the second-largest market from 2025 to 2030 due to its widespread use in residential, commercial, and small office environments where ease of installation and flexibility are critical. These devices are typically inserted directly into standard power outlets and offer immediate protection for connected equipment such as computers, TVs, and home appliances. Their affordability, portability, and growing compatibility with modern smart devices make them popular among consumers. Also, rising awareness about the damage caused by everyday power surges and the increasing penetration of electronic devices in households worldwide are key factors driving sustained demand for plug-in surge protection solutions.

サージ保護デバイス市場 - 2030年までの世界予測 region
surge-protection-device-market-region

“North America is expected to be the second-fastest market during the forecast period.”

North America is expected to be the second-fastest growing region in the surge protection devices market from 2025 to 2030, driven by the widespread deployment of advanced electrical infrastructure, increasing investments in smart grid systems, and the high concentration of data centers and industrial automation. The region’s susceptibility to electrical disturbances caused by frequent lightning strikes, severe weather events, and aging grid infrastructure further underscores the need for reliable surge protection. Also, stringent safety regulations, rising awareness among residential and commercial users, and increased adoption of smart home and office technologies are fueling consistent demand for surge protection solutions across the US, Canada, and Mexico.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1 – 25%, Tier 2 – 35%, and Tier 3 – 35%
  • By Designation: C-level Executives – 35%, Directors – 25%, and Others – 40%
  • By Region: North America– 25%, Europe – 40%, Asia Pacific– 25% and RoW- 10%

Note: Other designations include sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined based on their total revenue as of 2024. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: <USD 500 million.

A few major players with a wide regional presence dominate the surge protection device market. The leading players in the surge protection device market are ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland) and Emerson Electric Co. (US).

サージ保護デバイス市場 - 2030年までの世界予測 ecosystem
surge-protection-device-market-ecosystem

Study Coverage:

The report defines, describes, and forecasts the surge protection devices market by product, technology, nominal discharge current, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the surge protection devices market.

Key Benefits of Buying the Report

  • Product Development/ Innovation: In June 2023, Littelfuse, Inc. launched the NEMA-style SPDN Series to safeguard equipment from transient overvoltage events lasting microseconds and help mitigate costly damage and downtime.
  • Market Development: In June 2024, ABB announced a USD 35 million investment in a new manufacturing and R&D facility in Nottingham, UK, dedicated to producing Furse earthing and lightning protection solutions. This facility aims to meet the growing demand for electrical protection systems across various sectors, including buildings, wind turbines, and data centers.
  • Market Diversification: In March 2025, Schneider Electric announced a landmark investment of over USD700 million in its US operations, marking the company’s largest-ever capital commitment in the region. This investment, set to be deployed through 2027, will support the expansion and modernization of eight manufacturing sites across states, including Texas, Tennessee, Ohio, North Carolina, Massachusetts, and Missouri. The initiative is aimed at meeting the surging demand for data centers, energy infrastructure, and automation solutions, driven largely by the rapid growth of artificial intelligence and digitalization.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), and Emerson Electric Co. (US), among others in the surge protection device market.

Table of Contents

1               INTRODUCTION              27

1.1           STUDY OBJECTIVES       27

1.2           MARKET DEFINITION   28

1.3           STUDY SCOPE   29

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      29

1.3.2        INCLUSIONS AND EXCLUSIONS 30

1.3.3        YEARS CONSIDERED      30

1.4           UNIT CONSIDERED        31

1.5           CURRENCY CONSIDERED            31

1.6           LIMITATIONS    31

1.7           STAKEHOLDERS               31

1.8           SUMMARY OF CHANGES               32

2               RESEARCH METHODOLOGY       33

2.1           RESEARCH DATA              33

2.1.1        SECONDARY DATA          34

2.1.1.1    List of key secondary sources              34

2.1.1.2    Key data from secondary sources       34

2.1.2        PRIMARY DATA 35

2.1.2.1    Intended participants and key opinion leaders                 35

2.1.2.2    Key industry insights           35

2.1.2.3    Key data from primary sources           36

2.1.2.4    Breakdown of primaries      37

2.2           MARKET SIZE ESTIMATION METHODOLOGY     38

2.2.1        BOTTOM-UP APPROACH              38

2.2.1.1    Regional analysis  39

2.2.1.2    Country-level analysis          40

2.2.1.3    Demand-side assumptions 40

2.2.1.4    Demand-side calculations   40

2.2.2        TOP-DOWN APPROACH                41

2.2.2.1    Supply-side assumptions     43

2.2.2.2    Supply-side calculations      43

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 44

2.4           FORECAST          45

2.5           RESEARCH ASSUMPTIONS           45

2.6           RISK ANALYSIS  45

2.7           RESEARCH LIMITATIONS             46

3               EXECUTIVE SUMMARY  47

4               PREMIUM INSIGHTS       52

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SURGE PROTECTION DEVICES MARKET               52

4.2          SURGE PROTECTION DEVICES MARKET IN ASIA PACIFIC, BY NOMINAL DISCHARGE CURRENT AND COUNTRY      53

4.3           SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY  53

4.4           SURGE PROTECTION DEVICES MARKET, BY PRODUCT                 54

4.5           SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT  54

4.6           SURGE PROTECTION DEVICES MARKET, BY END USER                 55

4.7           SURGE PROTECTION DEVICES MARKET, BY REGION                 55

5               MARKET OVERVIEW       56

5.1           INTRODUCTION              56

5.2           MARKET DYNAMICS       57

5.2.1        DRIVERS               57

5.2.1.1    Integration of sensitive electronic equipment into residential, commercial, and industrial sectors    57

5.2.1.2    Expanding renewable energy infrastructure     58

5.2.1.3    Rapid urbanization in emerging economies     59

5.2.2        RESTRAINTS      60

5.2.2.1    High initial cost of installation            60

5.2.2.2    Transition toward DC-based electrical systems               61

5.2.3        OPPORTUNITIES              61

5.2.3.1    Integration of SPDs with smart monitoring systems      61

5.2.3.2    Rapid expansion of data centers and cloud infrastructure                 62

5.2.4        CHALLENGES    63

5.2.4.1    Short lifespan in harsh environments                63

5.2.4.2    Complexities associated with switching operations and internal disturbances          63

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            64

5.4           ECOSYSTEM ANALYSIS  66

5.5           SUPPLY CHAIN ANALYSIS             68

5.6           TECHNOLOGY ANALYSIS             69

5.6.1        KEY TECHNOLOGIES     69

5.6.1.1    Metal oxide varistor              69

5.6.1.2    Gas discharge tube               70

5.6.2        COMPLEMENTARY TECHNOLOGIES       70

5.6.2.1    Building management systems           70

5.6.3        ADJACENT TECHNOLOGIES       71

5.6.3.1    Uninterruptible power supply systems              71

5.6.3.2    Energy storage systems       71

5.7           PRICING ANALYSIS          72

5.7.1       INDICATIVE PRICING OF SURGE PROTECTION DEVICES, BY PRODUCT, 2024          72

5.7.2        AVERAGE SELLING PRICE TREND OF SURGE PROTECTION DEVICES BY REGION, 2021–2024    73

5.8           KEY CONFERENCES AND EVENTS, 2025–2026        74

5.9           TARIFF AND REGULATORY LANDSCAPE               75

5.9.1        TARIFF ANALYSIS             75

5.9.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             76

5.9.3        STANDARDS      78

5.10         TRADE ANALYSIS             79

5.10.1      IMPORT SCENARIO (HS CODE 853540)    79

5.10.2      EXPORT SCENARIO (HS CODE 853540)    80

5.11         PATENT ANALYSIS          81

5.12         INVESTMENT AND FUNDING SCENARIO               84

5.13         PORTER’S FIVE FORCES ANALYSIS           85

5.13.1      THREAT OF SUBSTITUTES          86

5.13.2      BARGAINING POWER OF SUPPLIERS       86

5.13.3      BARGAINING POWER OF BUYERS             86

5.13.4      THREAT OF NEW ENTRANTS      87

5.13.5      INTENSITY OF COMPETITIVE RIVALRY 87

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     87

5.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           87

5.14.2      BUYING CRITERIA           88

5.15         CASE STUDY ANALYSIS 89

5.15.1      EATON ASSISTS DRILL PIPE MANUFACTURER IN TEXAS WITH SPDS THAT PREVENT FAILURES AND BOOST OPERATIONAL EFFICIENCY        89

5.15.1.1  Problem statement                89

5.15.1.2  Solution 89

5.15.2      ELION TECHNOLOGIES HELPS FOOD PROCESSING UNIT IN INDORE REDUCE ADVERSE IMPACTS OF LIGHTNING-RELATED INCIDENTS    89

5.15.2.1  Problem statement                89

5.15.2.2  Solution 90

5.15.3      ZERO DOWNTIME ASSISTS MANUFACTURING FACILITY IN TEXAS WITH NECESSARY FUSES AND TERMINAL BLOCKS THAT FACILITATE EASY INSTALLATION AT AC POWER INPUT OF EACH MILLING MACHINE     90

5.15.3.1  Problem statement                90

5.15.3.2  Solution 91

5.16         IMPACT OF GEN AI/AI ON SURGE PROTECTION DEVICES MARKET            91

5.16.1      ADOPTION OF GEN AI/AI IN SURGE PROTECTION DEVICES              91

5.16.2      IMPACT OF GEN AI/AI ON SURGE PROTECTION DEVICES MARKET, BY REGION  92

5.17         MACROECONOMIC OUTLOOK FOR SURGE PROTECTION DEVICES MARKET               93

5.18         IMPACT OF 2025 US TARIFF – SURGE PROTECTION DEVICES MARKET            94

5.18.1      INTRODUCTION              94

5.18.2      KEY TARIFF RATES          95

5.18.3      PRICE IMPACT ANALYSIS             96

5.18.4      IMPACT ON COUNTRY/REGION                97

5.18.4.1  US           97

5.18.4.2  Europe   98

5.18.4.3  Asia Pacific            99

5.19         IMPACT ON END USERS                100

6               SURGE PROTECTION DEVICES MARKET, BY PRODUCT                 102

6.1           INTRODUCTION              103

6.2           HARD-WIRED    104

6.2.1        INCREASING INTEGRATION OF HARD-WIRED SURGE PROTECTION DEVICES INTO SMART BUILDING SYSTEMS AND INDUSTRIAL AUTOMATION FRAMEWORKS TO FUEL MARKET GROWTH             104

6.3           PLUG-IN               105

6.3.1        EXPANDING ELECTRIFICATION AND URBAN HOUSING TO DRIVE MARKET         105

6.4           LINE CORD         106

6.4.1        RISING DEMAND FOR MOBILE AND TEMPORARY POWER PROTECTION SOLUTIONS TO SUPPORT MARKET GROWTH             106

6.5           POWER CONTROL DEVICES        107

6.5.1        GROWING DEPLOYMENT OF SMART ENERGY MANAGEMENT PLATFORMS INTO SPDS TO FOSTER MARKET GROWTH             107

7               SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY  109

7.1           INTRODUCTION              110

7.2           TYPE 1  111

7.2.1        INCREASING INTEGRATION INTO WIND AND SOLAR FARMS TO FUEL MARKET GROWTH        111

7.3           TYPE 2  112

7.3.1        RISING EMPHASIS ON DEVELOPING EV INFRASTRUCTURE AND SOLAR ROOFTOPS TO DRIVE MARKET                 112

7.4           TYPE 3  113

7.4.1        GROWING EMPHASIS ON SAFEGUARDING SENSITIVE ELECTRONICS WITHIN RESIDENTIAL, OFFICE, AND COMMERCIAL ENVIRONMENTS TO BOOST DEMAND    113

7.5           OTHER TECHNOLOGIES               114

8               SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT  116

8.1           INTRODUCTION              117

8.2           BELOW 10 KA     118

8.2.1        PROLIFERATION OF CONSUMER ELECTRONICS AND INCREASING RELIANCE ON SMART HOME TECHNOLOGIES TO FUEL MARKET GROWTH               118

8.3           10–25 KA               119

8.3.1        COMPATIBILITY WITH ENERGY MANAGEMENT SYSTEMS AND PREDICTIVE MAINTENANCE FEATURES TO BOOST DEMAND             119

8.4           ABOVE 25 KA      120

8.4.1        GROWING GLOBAL INVESTMENTS IN INDUSTRIAL AUTOMATION, SMART GRIDS, AND HIGH-RELIABILITY POWER SYSTEMS TO SUPPORT MARKET GROWTH          120

9               SURGE PROTECTION DEVICES MARKET, BY END USER                 122

9.1           INTRODUCTION              123

9.2           INDUSTRIAL      124

9.2.1        RAPID INDUSTRIAL AUTOMATION, EXPANSION OF MANUFACTURING AND ENERGY INFRASTRUCTURE TO OFFER LUCRATIVE GROWTH OPPORTUNITIES                124

9.3           COMMERCIAL   125

9.3.1        RISING ADOPTION OF SMART BUILDING TECHNOLOGIES TO DRIVE MARKET      125

9.4           RESIDENTIAL    126

9.4.1        INCREASING ADOPTION OF CONSUMER ELECTRONICS AND SMART HOME TECHNOLOGIES TO SUPPORT MARKET GROWTH             126

9.5           DATA CENTERS                 127

9.5.1        GROWING DEMAND FOR UNINTERRUPTED POWER SUPPLY AND ROBUST PROTECTION FOR MISSION-CRITICAL INFRASTRUCTURE TO FUEL MARKET GROWTH                127

9.6           UTILITIES            129

9.6.1        SURGING ADOPTION OF SMART GRID TECHNOLOGIES TO DRIVE MARKET         129

10            SURGE PROTECTION DEVICES MARKET, BY REGION                 131

10.1         INTRODUCTION              132

10.2         NORTH AMERICA             135

10.2.1      US           140

10.2.2      GROWING RELIANCE ON DIGITAL TECHNOLOGIES, SMART HOMES,

AND INDUSTRIAL AUTOMATION TO DRIVE MARKET     140

10.2.3      CANADA               141

10.2.4      RISING EMPHASIS ON SMART BUILDINGS AND NET-ZERO COMMERCIAL SPACES TO FUEL MARKET GROWTH                 141

10.2.5      MEXICO                142

10.2.6      INCREASING MANUFACTURING AND INDUSTRIAL BASE TO BOOST DEMAND      142

10.3         EUROPE               144

10.3.1      GERMANY           148

10.3.1.1  Presence of advanced industrial sector to fuel market growth                 148

10.3.2      UK          149

10.3.2.1  Rapid expansion of data center industry to foster market growth                 149

10.3.3      FRANCE                151

10.3.3.1  Emphasis on electrification and decarbonization to drive market                 151

10.3.4      RUSSIA 152

10.3.4.1  Growing modernization of industrial and energy infrastructure to support market growth        152

10.3.5      ITALY    154

10.3.5.1  Increasing investments in commercial and residential electrification to boost demand          154

10.3.6      NETHERLANDS 155

10.3.6.1  Growing adoption of smart grids to fuel market growth                 155

10.3.7      REST OF EUROPE             157

10.4         ASIA PACIFIC     159

10.4.1      CHINA  164

10.4.1.1  Rapid electrification of urban and rural regions to drive market                 164

10.4.2      JAPAN   165

10.4.2.1  Frequent exposure to natural hazards to boost demand 165

10.4.3      AUSTRALIA         167

10.4.3.1  Deployment of solar energy systems across residential and commercial properties to fuel market growth  167

10.4.4      INDIA    168

10.4.4.1  Rapid urbanization and grid modernization to foster market growth    168

10.4.5      REST OF ASIA PACIFIC   170

10.5         MIDDLE EAST & AFRICA                172

10.5.1      GCC       175

10.5.1.1  UAE        177

10.5.1.1.1                Rising emphasis on smart infrastructure and digital transformation to drive market           177

10.5.1.2  Saudi Arabia          178

10.5.1.2.1                Growing implementation in telecommunication towers, government buildings, and airports to boost demand    178

10.5.1.3  Kuwait    180

10.5.1.3.1                Growing focus on energy diversification and digitization to drive market      180

10.5.1.4  Rest of GCC          181

10.5.2      EGYPT  183

10.5.2.1  Rising investments in power infrastructure, renewable energy, and smart grids to foster market growth           183

10.5.3      SOUTH AFRICA 184

10.5.3.1  Pressing need to tackle power outages, load shedding, and voltage instabilities to support market growth               184

10.5.4      REST OF MIDDLE EAST & AFRICA             186

10.6         SOUTH AMERICA             187

10.6.1      BRAZIL 191

10.6.1.1  Rising emphasis on advancing smart grid transformation to drive market    191

10.6.2      ARGENTINA       192

10.6.2.1  Growing industrial digitization and increasing deployment of renewable energy projects to fuel market growth            192

10.6.3      CHILE   194

10.6.3.1  Growing investments in renewable energy, mission-critical infrastructure, and smart urban development to offer lucrative growth opportunities         194

10.6.4      COLOMBIA         195

10.6.4.1  Rising emphasis on digital transformation to fuel market growth                 195

10.6.5      REST OF SOUTH AMERICA           197

11            COMPETITIVE LANDSCAPE         199

11.1         OVERVIEW          199

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025                 199

11.3         MARKET SHARE ANALYSIS, 2024                 202

11.4         REVENUE ANALYSIS, 2020–2024  205

11.5         COMPANY VALUATION AND FINANCIAL METRICS, 2024                 206

11.6         BRAND/PRODUCT COMPARISON             207

11.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 208

11.7.1      STARS   208

11.7.2      EMERGING LEADERS     208

11.7.3      PERVASIVE PLAYERS      208

11.7.4      PARTICIPANTS 208

11.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         210

11.7.6      COMPANY FOOTPRINT 210

11.7.7      REGION FOOTPRINT     211

11.7.8      PRODUCT FOOTPRINT 212

11.7.9      TECHNOLOGY FOOTPRINT        213

11.7.10   NOMINAL DISCHARGE CURRENT FOOTPRINT  214

11.7.11   END USER FOOTPRINT 215

11.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        216

11.8.1      PROGRESSIVE COMPANIES         216

11.8.2      RESPONSIVE COMPANIES            216

11.8.3      DYNAMIC COMPANIES  216

11.8.4      STARTING BLOCKS         216

11.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 218

11.8.6      DETAILED LIST OF KEY STARTUPS/SMES             218

11.8.7      COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES              219

11.9         COMPETITIVE SCENARIO             220

11.9.1      PRODUCT LAUNCHES   220

11.9.2      DEALS  221

11.9.3      EXPANSIONS     223

11.9.4      OTHER DEVELOPMENTS              224

12            COMPANY PROFILES      226

12.1         KEY PLAYERS     226

12.1.1      SIEMENS              226

12.1.1.1  Business overview 226

12.1.1.2  Products/Solutions/Services offered 227

12.1.1.3  Recent developments           229

12.1.1.3.1                Deals      229

12.1.1.3.2                Other developments             229

12.1.1.4  MnM view              230

12.1.1.4.1                Key strengths/Right to win 230

12.1.1.4.2                Strategic choices   230

12.1.1.4.3                Weaknesses/Competitive threats       230

12.1.2      ABB        231

12.1.2.1  Business overview 231

12.1.2.2  Products/Solutions/Services offered 232

12.1.2.3  Recent developments           236

12.1.2.3.1                Deals      236

12.1.2.3.2                Expansions             236

12.1.2.3.3                Other developments             237

12.1.2.4  MnM view              237

12.1.2.4.1                Key strengths/Right to win 237

12.1.2.4.2                Strategic choices   238

12.1.2.4.3                Weaknesses/Competitive threats       238

12.1.3      EATON 239

12.1.3.1  Business overview 239

12.1.3.2  Products/Solutions/Services offered 240

12.1.3.3  Recent developments           243

12.1.3.3.1                Deals      243

12.1.3.4  MnM view              243

12.1.3.4.1                Key strengths/Right to win 243

12.1.3.4.2                Strategic choices   243

12.1.3.4.3                Weaknesses/Competitive threats       244

12.1.4      SCHNEIDER ELECTRIC  245

12.1.4.1  Business overview 245

12.1.4.2  Products/Solutions/Services offered 246

12.1.4.3  Recent developments           248

12.1.4.3.1                Developments       248

12.1.4.4  MnM view              249

12.1.4.4.1                Key strengths/Right to win 249

12.1.4.4.2                Strategic choices   249

12.1.4.4.3                Weaknesses/Competitive threats       249

12.1.5      EMERSON ELECTRIC CO.              250

12.1.5.1  Business overview 250

12.1.5.2  Products/Solutions/Services offered 251

12.1.5.3  Recent developments           253

12.1.5.3.1                Deals      253

12.1.5.4  MnM view              254

12.1.5.4.1                Key strengths/Right to win 254

12.1.5.4.2                Strategic choices   254

12.1.5.4.3                Weaknesses/Competitive threats       254

12.1.6      LITTELFUSE, INC.            255

12.1.6.1  Business overview 255

12.1.6.2  Products/Solutions/Services offered 256

12.1.6.3  Recent developments           258

12.1.6.3.1                Product launches  258

12.1.7      LEGRAND            259

12.1.7.1  Business overview 259

12.1.7.2  Products/Solutions/Services offered 260

12.1.7.3  Recent developments           262

12.1.7.3.1                Deals      262

12.1.8      PROSURGE, INC.               263

12.1.8.1  Business overview 263

12.1.8.2  Products/Solutions/Services offered 263

12.1.9      PHOENIX CONTACT       266

12.1.9.1  Business overview 266

12.1.9.2  Products/Solutions/Services offered 267

12.1.10   SHENZHEN TECHWIN LIGHTNING TECHNOLOGIES CO., LTD.      269

12.1.10.1                 Business overview 269

12.1.10.2                 Products/Solutions/Services offered 270

12.1.11   CITEL    272

12.1.11.1                 Business overview 272

12.1.11.2                 Products/Solutions/Services offered 273

12.1.12   HUBBELL             275

12.1.12.1                 Business overview 275

12.1.12.2                 Products/Solutions/Services offered 276

12.1.13   BOURNS, INC.    279

12.1.13.1                 Business overview 279

12.1.13.2                 Products/Solutions/Services offered 280

12.1.13.3                 Recent developments           283

12.1.13.3.1             Product launches  283

12.1.14   RAYCAP                285

12.1.14.1                 Business overview 285

12.1.14.2                 Products/Solutions/Services offered 285

12.1.15   LEVITON MANUFACTURING CO., INC.   287

12.1.15.1                 Business overview 287

12.1.15.2                 Products/Solutions/Services offered 287

12.1.16   MERSEN               289

12.1.16.1                 Business overview 289

12.1.16.2                 Products/Solutions/Services offered 290

12.1.17   DITEK, INC.        293

12.1.17.1                 Business overview 293

12.1.17.2                 Products/Solutions/Services offered 293

12.1.18   HAVELLS INDIA LTD.     295

12.1.18.1                 Business overview 295

12.1.18.2                 Products/Solutions/Services offered 296

12.1.19   BELKIN 298

12.1.19.1                 Business overview 298

12.1.19.2                 Products/Solutions/Services offered 299

12.1.20   OBO BETTERMANN HOLDING GMBH & CO. KG 301

12.1.20.1                 Business overview 301

12.1.20.2                 Products/Solutions/Services offered 301

12.2         OTHER PLAYERS              303

12.2.1      ALLTEC                 303

12.2.2      MAXIVOLT          304

12.2.3      SOCOMEC           305

12.2.4      DEHN SE              306

12.2.5      SUNPEACE          307

13            APPENDIX           308

13.1         INSIGHTS OF INDUSTRY EXPERTS           308

13.2         DISCUSSION GUIDE        309

13.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                313

13.4         CUSTOMIZATION OPTIONS        315

13.5         RELATED REPORTS         315

13.6         AUTHOR DETAILS           316

LIST OF TABLES

TABLE 1                SURGE PROTECTION DEVICES MARKET SIZE ESTIMATION METHODOLOGY (DEMAND-SIDE)               39

TABLE 2                SURGE PROTECTION DEVICES MARKET: RISK ANALYSIS            45

TABLE 3                SURGE PROTECTION DEVICES MARKET SNAPSHOT          48

TABLE 4                ROLE OF COMPANIES IN ECOSYSTEM    67

TABLE 5                INDICATIVE PRICING OF SURGE PROTECTION DEVICES, BY PRODUCT, 2024      72

TABLE 6                AVERAGE SELLING PRICE TREND OF SURGE PROTECTION DEVICES, BY REGION (2021–2024)                 73

TABLE 7                LIST OF KEY CONFERENCES AND EVENTS, 2025–2026        74

TABLE 8                MFN TARIFF FOR HS 853540 CODE-COMPLIANT PRODUCTS, BY COUNTRY, 2024 75

TABLE 9                GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 76

TABLE 10              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  76

TABLE 11              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 77

TABLE 12              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  77

TABLE 13              SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  78

TABLE 14              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             78

TABLE 15              SURGE PROTECTION DEVICES MARKET: STANDARDS      78

TABLE 16              IMPORT DATA FOR HS CODE 853540-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      79

TABLE 17              EXPORT DATA FOR HS CODE 853540-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      80

TABLE 18              LIST OF PATENTS, 2021–2025       82

TABLE 19              SURGE PROTECTION DEVICES MARKET: PORTER’S FIVE FORCES ANALYSIS           86

TABLE 20              INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE

END USERS         88

TABLE 21              KEY BUYING CRITERIA FOR TOP THREE END USERS   88

TABLE 22              US-ADJUSTED RECIPROCAL TARIFF RATES                 95

TABLE 23              KEY PRODUCT-RELATED TARIFFS EFFECTIVE FOR SURGE PROTECTION DEVICES        95

TABLE 24              EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END USER MARKET DUE TO TARIFF IMPACT                 96

TABLE 25              SURGE PROTECTION DEVICES MARKET, BY PRODUCT, 2021–2024 (USD MILLION)     103

TABLE 26              SURGE PROTECTION DEVICES MARKET, BY PRODUCT, 2025–2030 (USD MILLION)     104

TABLE 27              HARD-WIRED: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            104

TABLE 28              HARD-WIRED: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            105

TABLE 29              PLUG-IN: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            105

TABLE 30              PLUG-IN: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            106

TABLE 31              LINE CORD: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            106

TABLE 32              LINE CORD: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            107

TABLE 33              POWER CONTROL DEVICES MARKET: SURGE PROTECTION DEVICES MARKET,

BY REGION, 2021–2024 (USD MILLION)   107

TABLE 34              POWER CONTROL DEVICES MARKET: SURGE PROTECTION DEVICES MARKET,

BY REGION, 2025–2030 (USD MILLION)   108

TABLE 35              SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            110

TABLE 36              SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            111

TABLE 37              TYPE 1: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            111

TABLE 38              TYPE 1: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            112

TABLE 39              TYPE 2: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            112

TABLE 40              TYPE 2: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            113

TABLE 41              TYPE 3: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            113

TABLE 42              TYPE 3: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            114

TABLE 43              OTHER TECHNOLOGIES: SURGE PROTECTION DEVICES MARKET,

BY REGION, 2021–2024 (USD MILLION)   114

TABLE 44              OTHER TECHNOLOGIES: SURGE PROTECTION DEVICES MARKET,

BY REGION, 2025–2030 (USD MILLION)   114

TABLE 45              SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2021–2024 (USD MILLION)                 117

TABLE 46              SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2025–2030 (USD MILLION)                 118

TABLE 47              BELOW 10 KA: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            118

TABLE 48              BELOW 10 KA: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            119

TABLE 49              10–25 KA: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            119

TABLE 50              10–25 KA: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            120

TABLE 51              ABOVE 25 KA: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            120

TABLE 52              ABOVE 25 KA: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            121

TABLE 53              SURGE PROTECTION DEVICES MARKET, BY END USER, 2021–2024 (USD MILLION)     123

TABLE 54              SURGE PROTECTION DEVICES MARKET, BY END USER, 2025–2030 (USD MILLION)     124

TABLE 55              INDUSTRIAL: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            124

TABLE 56              INDUSTRIAL: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            125

TABLE 57              COMMERCIAL: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            125

TABLE 58              COMMERCIAL: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            126

TABLE 59              RESIDENTIAL: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            127

TABLE 60              RESIDENTIAL: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            127

TABLE 61              DATA CENTERS: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            128

TABLE 62              DATA CENTERS: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            128

TABLE 63              UTILITIES: SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            129

TABLE 64              UTILITIES: SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            130

TABLE 65              SURGE PROTECTION DEVICES MARKET, BY REGION, 2021–2024 (USD MILLION)          134

TABLE 66              SURGE PROTECTION DEVICES MARKET, BY REGION, 2025–2030 (USD MILLION)          134

TABLE 67              SURGE PROTECTION DEVICES MARKET, BY REGION,

2021–2024 (THOUSAND UNITS)  134

TABLE 68              SURGE PROTECTION DEVICES MARKET, BY REGION,

2025–2030 (THOUSAND UNITS)  135

TABLE 69              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            136

TABLE 70              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            137

TABLE 71              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2021–2024 (USD MILLION)       137

TABLE 72              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2025–2030 (USD MILLION)       137

TABLE 73              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY PRODUCT,

2021–2024 (USD MILLION)            138

TABLE 74              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY PRODUCT,

2025–2030 (USD MILLION)            138

TABLE 75              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)                 138

TABLE 76              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)                 139

TABLE 77              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            139

TABLE 78              NORTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            139

TABLE 79              US: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            140

TABLE 80              US: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            141

TABLE 81              CANADA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            142

TABLE 82              CANADA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            142

TABLE 83              MEXICO: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            143

TABLE 84              MEXICO: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            144

TABLE 85              EUROPE: SURGE PROTECTION DEVICES MARKET, BY PRODUCT,

2021–2024 (USD MILLION)            145

TABLE 86              EUROPE: SURGE PROTECTION DEVICES MARKET, BY PRODUCT,

2025–2030 (USD MILLION)            145

TABLE 87              EUROPE: SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            145

TABLE 88              EUROPE: SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            146

TABLE 89              EUROPE: SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2021–2024 (USD MILLION)            146

TABLE 90              EUROPE: SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2025–2030 (USD MILLION)            146

TABLE 91              EUROPE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            147

TABLE 92              EUROPE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            147

TABLE 93              EUROPE: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            147

TABLE 94              EUROPE: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            148

TABLE 95              GERMANY: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            149

TABLE 96              GERMANY: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            149

TABLE 97              UK: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            150

TABLE 98              UK: SURGE PROTECTION DEIVCES MARKET, BY END USER,

2025–2030 (USD MILLION)            150

TABLE 99              FRANCE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            152

TABLE 100            FRANCE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            152

TABLE 101          RUSSIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            153

TABLE 102          RUSSIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            153

TABLE 103            ITALY: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            155

TABLE 104            ITALY: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            155

TABLE 105            NETHERLANDS: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            156

TABLE 106            NETHERLANDS: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            157

TABLE 107            REST OF EUROPE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            158

TABLE 108            REST OF EUROPE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            158

TABLE 109            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY END USER, 2021–2024 (USD MILLION)           160

TABLE 110            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            161

TABLE 111            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2021–2024 (USD MILLION)            161

TABLE 112            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2025–2030 (USD MILLION)            161

TABLE 113            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY PRODUCT,

2021–2024 (USD MILLION)            162

TABLE 114            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY PRODUCT,

2025–2030 (USD MILLION)            162

TABLE 115            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY,

2021–2024 (USD MILLION)            162

TABLE 116            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY,

2025–2030 (USD MILLION)            163

TABLE 117            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            163

TABLE 118            ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            163

TABLE 119            CHINA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            165

TABLE 120            CHINA: SURGE PROTECTION DEIVCES, BY END USER, 2025–2030 (USD MILLION)                165

TABLE 121            JAPAN: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            166

TABLE 122            JAPAN: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            166

TABLE 123            AUSTRALIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            168

TABLE 124            AUSTRALIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            168

TABLE 125            INDIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            169

TABLE 126            INDIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            170

TABLE 127            REST OF ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET,

BY END USER, 2021–2024 (USD MILLION)               171

TABLE 128            REST OF ASIA PACIFIC: SURGE PROTECTION DEVICES MARKET,

BY END USER, 2025–2030 (USD MILLION)               171

TABLE 129            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET,

BY PRODUCT, 2021–2024 (USD MILLION)               172

TABLE 130            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET,

BY TYPE, 2025–2030 (USD MILLION)         172

TABLE 131            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET,

BY TECHNOLOGY, 2021–2024 (USD MILLION)     173

TABLE 132            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET,

BY TECHNOLOGY, 2025–2030 (USD MILLION)     173

TABLE 133            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET,

BY NOMINAL DISCHARGE CURRENT, 2021–2024 (USD MILLION)                 173

TABLE 134            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET,

BY NOMINAL DISCHARGE CURRENT, 2025–2030 (USD MILLION)                 174

TABLE 135            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET, BY END USER, 2021–2024 (USD MILLION)                 174

TABLE 136            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET, BY END USER, 2025–2030 (USD MILLION)                 174

TABLE 137            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET, BY COUNTRY, 2021–2024 (USD MILLION)                 175

TABLE 138            MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET, BY COUNTRY, 2025–2030 (USD MILLION)                 175

TABLE 139            GCC: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            176

TABLE 140            GCC: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            176

TABLE 141            GCC: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            176

TABLE 142            GCC: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            177

TABLE 143            UAE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            178

TABLE 144            UAE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            178

TABLE 145            SAUDI ARABIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            179

TABLE 146            SAUDI ARABIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            179

TABLE 147            KUWAIT: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            181

TABLE 148            KUWAIT: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            181

TABLE 149            REST OF GCC: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            182

TABLE 150            REST OF GCC: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            182

TABLE 151          EGYPT: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            184

TABLE 152          EGYPT: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            184

TABLE 153            SOUTH AFRICA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            185

TABLE 154            SOUTH AFRICA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            185

TABLE 155            REST OF MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET,

BY END USER, 2021–2024 (USD MILLION)               187

TABLE 156            REST OF MIDDLE EAST & AFRICA: SURGE PROTECTION DEVICES MARKET,

BY END USER, 2025–2030 (USD MILLION)               187

TABLE 157            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            188

TABLE 158            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            188

TABLE 159            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2021–2024 (USD MILLION)       189

TABLE 160            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY NOMINAL DISCHARGE CURRENT, 2025–2030 (USD MILLION)       189

TABLE 161            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY PRODUCT,

2021–2024 (USD MILLION)            189

TABLE 162            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY PRODUCT,

2025–2030 (USD MILLION)            189

TABLE 163            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION)                 190

TABLE 164            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION)                 190

TABLE 165            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            190

TABLE 166            SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            191

TABLE 167          BRAZIL: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            192

TABLE 168          BRAZIL: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            192

TABLE 169            ARGENTINA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            193

TABLE 170            ARGENTINA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            194

TABLE 171            CHILE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            195

TABLE 172            CHILE: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            195

TABLE 173            COLOMBIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2021–2024 (USD MILLION)            196

TABLE 174            COLOMBIA: SURGE PROTECTION DEVICES MARKET, BY END USER,

2025–2030 (USD MILLION)            196

TABLE 175            REST OF SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET,

BY END USER, 2021–2024 (USD MILLION)               197

TABLE 176            REST OF SOUTH AMERICA: SURGE PROTECTION DEVICES MARKET,

BY END USER, 2025–2030 (USD MILLION)               198

TABLE 177            SURGE PROTECTION DEVICES MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2021–2025          199

TABLE 178            SURGE PROTECTION DEVICES MARKET: DEGREE OF COMPETITION, 2024               202

TABLE 179            SURGE PROTECTION DEVICES MARKET: REGION FOOTPRINT     211

TABLE 180            SURGE PROTECTION DEVICES MARKET: PRODUCT FOOTPRINT 212

TABLE 181            SURGE PROTECTION DEVICES MARKET: TECHNOLOGY FOOTPRINT        213

TABLE 182            SURGE PROTECTION DEVICES MARKET: NOMINAL DISCHARGE CURRENT FOOTPRINT  214

TABLE 183            SURGE PROTECTION DEVICES MARKET: END USER FOOTPRINT            215

TABLE 184            SURGE PROTECTION DEVICES MARKET: DETAILED LIST OF KEY STARTUPS/SMES             218

TABLE 185            SURGE PROTECTION DEVICES MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES    219

TABLE 186            SURGE PROTECTION DEVICES MARKET: PRODUCT LAUNCHES,

JANUARY 2021–FEBRUARY 2025  220

TABLE 187            SURGE PROTECTION DEVICES MARKET: DEALS, MARCH 2021–APRIL 2025                221

TABLE 188            SURGE PROTECTION DEVICES MARKET: EXPANSIONS, JANUARY 2021–APRIL 2025                223

TABLE 189            SURGE PROTECTION DEVICES MARKET: OTHER DEVELOPMENTS,

JANUARY 2021–APRIL 2025            224

TABLE 190            SIEMENS: COMPANY OVERVIEW               226

TABLE 191            SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             227

TABLE 192            SIEMENS: DEALS               229

TABLE 193            SIEMENS: OTHER DEVELOPMENTS         229

TABLE 194            ABB: COMPANY OVERVIEW         231

TABLE 195            ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED             232

TABLE 196            ABB: DEALS        236

TABLE 197            ABB: EXPANSIONS           236

TABLE 198            ABB: OTHER DEVELOPMENTS   237

TABLE 199            EATON: COMPANY OVERVIEW  239

TABLE 200            EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED             240

TABLE 201            EATON: DEALS 243

TABLE 202            SCHNEIDER ELECTRIC: COMPANY OVERVIEW                 245

TABLE 203            SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    246

TABLE 204            SCHNEIDER ELECTRIC: DEVELOPMENTS                 248

TABLE 205            EMERSON ELECTRIC CO.: COMPANY OVERVIEW                 250

TABLE 206            EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    251

TABLE 207            EMERSON ELECTRIC CO.: DEALS              253

TABLE 208            LITTELFUSE, INC.: COMPANY OVERVIEW                 255

TABLE 209            LITTELFUSE, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    256

TABLE 210            LITTLEFUSE, INC: PRODUCT LAUNCHES                 258

TABLE 211            LEGRAND: COMPANY OVERVIEW             259

TABLE 212            LEGRAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED             260

TABLE 213            LEGRAND: DEALS            262

TABLE 214            PROSURGE, INC: COMPANY OVERVIEW 263

TABLE 215            PROSURGE, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    263

TABLE 216            PHOENIX CONTACT: COMPANY OVERVIEW                 266

TABLE 217            PHOENIX CONTACT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    267

TABLE 218            SHENZHEN TECHWIN LIGHTNING TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW           269

TABLE 219            SHENZHEN TECHWIN LIGHTNING TECHNOLOGIES CO., LTD.:PRODUCTS/SOLUTIONS/SERVICES OFFERED             270

TABLE 220            CITEL: COMPANY OVERVIEW    272

TABLE 221            CITEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED             273

TABLE 222            HUBBELL: COMPANY OVERVIEW              275

TABLE 223            HUBBELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED             276

TABLE 224            BOURNS, INC.: COMPANY OVERVIEW     279

TABLE 225            BOURNS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    280

TABLE 226            BOURNS, INC.: PRODUCT LAUNCHES     283

TABLE 227            RAYCAP: COMPANY OVERVIEW 285

TABLE 228            RAYCAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED             285

TABLE 229            LEVITON MANUFACTURING CO., INC.: COMPANY OVERVIEW   287

TABLE 230            LEVITON MANUFACTURING CO., INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    287

TABLE 231            MERSEN: COMPANY OVERVIEW                289

TABLE 232            MERSEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED             290

TABLE 233            DITEK, INC.: COMPANY OVERVIEW         293

TABLE 234            DITEK, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             293

TABLE 235            HAVELLS INDIA LTD.: COMPANY OVERVIEW                 295

TABLE 236            HAVELLS INDIA LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    296

TABLE 237            BELKIN: COMPANY OVERVIEW 298

TABLE 238            BELKIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED             299

TABLE 239            OBO BETTERMANN HOLDING GMBH & CO. KG : COMPANY OVERVIEW   301

TABLE 240            OBO BETTERMANN HOLDING GMBH & CO. KG PRODUCTS/SOLUTIONS/SERVICES OFFERED    301

LIST OF FIGURES

FIGURE 1              SURGE PROTECTION DEVICES MARKET: SEGMENTATION AND REGIONAL SCOPE              29

FIGURE 2              SURGE PROTECTION DEVICES MARKET: RESEARCH DESIGN         33

FIGURE 3              KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR SURGE PROTECTION DEVICES    38

FIGURE 4              SURGE PROTECTION DEVICES MARKET: BOTTOM-UP APPROACH              38

FIGURE 5              SURGE PROTECTION DEVICES MARKET: TOP-DOWN APPROACH          41

FIGURE 6              KEY STEPS CONSIDERED TO ASSESS SUPPLY OF SURGE PROTECTION DEVICES  42

FIGURE 7              SURGE PROTECTION DEVICES MARKET SIZE ESTIMATION METHODOLOGY

(SUPPLY SIDE)  43

FIGURE 8              SURGE PROTECTION DEVICES MARKET: DATA TRIANGULATION             44

FIGURE 9              TYPE 2 SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 49

FIGURE 10            HARD-WIRED SEGMENT TO DOMINATE MARKET IN 2025                49

FIGURE 11            10–25 KA SEGMENT TO SECURE LARGEST MARKET SHARE IN 2030 50

FIGURE 12            INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025             50

FIGURE 13            ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD       51

FIGURE 14            RAPID INDUSTRIALIZATION AND GROWING SMART INFRASTRUCTURE INVESTMENTS TO FUEL MARKET GROWTH             52

FIGURE 15            CHINA AND 10–25 KA SECURED LARGEST MARKET SHARES

IN ASIA PACIFIC IN 2024                 53

FIGURE 16            TYPE 2 SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2030 53

FIGURE 17            HARD-WIRED SEGMENT TO GARNER LARGEST MARKET SHARE IN 2030 54

FIGURE 18            10–25 KA SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 54

FIGURE 19            INDUSTRIAL SEGMENT TO DOMINATE MARKET IN 2030                55

FIGURE 20            ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN SURGE PROTECTION DEVICES MARKET DURING FORECAST PERIOD                55

FIGURE 21            SURGE PROTECTION DEVICES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES                 57

FIGURE 22           TOTAL ELECTRICITY GENERATION, BY REGION, 2010−2050            58

FIGURE 23            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   65

FIGURE 24            SURGE PROTECTION DEVICES MARKET: ECOSYSTEM ANALYSIS  66

FIGURE 25            SUPPLY CHAIN ANALYSIS             68

FIGURE 26            AVERAGE SELLING PRICE TREND OF SURGE PROTECTION DEVICES, BY REGION, 2021–2024   73

FIGURE 27            IMPORT DATA FOR HS CODE 853540-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      79

FIGURE 28            EXPORT DATA FOR HS CODE 853540-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      80

FIGURE 29            PATENTS APPLIED AND GRANTED, 2014–2024                 81

FIGURE 30            INVESTMENT AND FUNDING SCENARIO, 2024                 84

FIGURE 31            SURGE PROTECTION DEVICES MARKET: PORTER’S FIVE FORCES ANALYSIS           85

FIGURE 32            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END USERS                87

FIGURE 33            KEY BUYING CRITERIA FOR TOP THREE END USERS   88

FIGURE 34            IMPACT OF GEN AI/AI ON SURGE PROTECTION DEVICES MARKET, BY REGION  92

FIGURE 35            SURGE PROTECTION DEVICES MARKET SHARE, BY PRODUCT     103

FIGURE 36            SURGE PROTECTION DEVICES MARKET SHARE, BY TECHNOLOGY            110

FIGURE 37            SURGE PROTECTION DEVICES MARKET SHARE, BY NOMINAL

DISCHARGE CURRENT  117

FIGURE 38            SURGE PROTECTION DEVICES MARKET SHARE, BY END USER     123

FIGURE 39            ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       133

FIGURE 40            SURGE PROTECTION DEVICES MARKET SHARE, BY REGION         133

FIGURE 41            NORTH AMERICA: SURGE PROTECTION DEVICES MARKET SNAPSHOT    136

FIGURE 42            ASIA PACIFIC SURGE PROTECTION DEVICES MARKET SNAPSHOT       160

FIGURE 43            MARKET SHARE ANALYSIS OF COMPANIES OFFERING SURGE PROTECTION DEVICES, 2024 203

FIGURE 44            SURGE PROTECTION DEVICES MARKET: REVENUE ANALYSIS OF

FIVE KEY PLAYERS, 2020–2024      205

FIGURE 45            COMPANY VALUATION, 2024      206

FIGURE 46            FINANCIAL METRICS, 2024            206

FIGURE 47            BRAND/PRODUCT COMPARISON             207

FIGURE 48            SURGE PROTECTION DEVICES MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024  209

FIGURE 49            SURGE PROTECTION DEVICES MARKET: COMPANY FOOTPRINT 210

FIGURE 50            SURGE PROTECTION DEVICES MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024                 217

FIGURE 51            SIEMENS: COMPANY SNAPSHOT               227

FIGURE 52            ABB: COMPANY SNAPSHOT        232

FIGURE 53            EATON: COMPANY SNAPSHOT  240

FIGURE 54            SCHNEIDER ELECTRIC: COMPANY SNAPSHOT                 246

FIGURE 55            EMERSON ELECTRIC CO.: COMPANY SNAPSHOT                 251

FIGURE 56            LITTELFUSE, INC.: COMPANY SNAPSHOT                 256

FIGURE 57            LEGRAND: COMPANY SNAPSHOT             260

FIGURE 58            HUBBELL: COMPANY SNAPSHOT             276

FIGURE 59            MERSEN: COMPANY SNAPSHOT                290

FIGURE 60            HAVELLS INDIA LTD.: COMPANY SNAPSHOT                 296