Surge Protection Device Market Outlook from 2024 to 2034

The surge protection device market is projected to be worth USD 2,864.50 million in 2024. The market is likely to reach USD 6,256.50 million by 2034. The market is expected to surge at a CAGR of 8.10% from 2024 to 2034.

Attributes Key Insights
Surge Protection Device Market Estimated Size in 2024 USD 2,864.50 million
Projected Market Value in 2034 USD 6,256.50 million
Value-based CAGR from 2024 to 2034 8.10%

Key Market Trends and Highlights

  • Surge protection demand rises with the expansion of renewable energy infrastructure and grid integration worldwide.
  • Market trends favor tailored surge protection solutions addressing specific industry needs and equipment vulnerabilities.
  • Surge protection becomes integral in safeguarding smart homes with IoT device and interconnected systems.
  • Burgeoning data center construction propels the need for robust surge protection to ensure uninterrupted operations.
  • Businesses increasingly prioritize resilience planning, intensifying the requirement for reliable surge protection measures and strategies.

2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections

The scope for surge protection device rose at a 7.00% CAGR between 2019 and 2023. The global market for surge protection device is anticipated to grow at an astronomical CAGR of 8.10% from 2024 to 2034.

Historical Value in 2019 USD 2,027.90 million
Historical Value in 2023 USD 2,656.40 million

From 2019 to 2023, the surge protection device market witnessed notable growth driven by escalating reliance on electronic device across sectors. Short term factors such as rapid urbanization, industrialization, and the increasing digitization of processes surged demand for surge protection device.

This period saw a spike in demand due to heightened awareness regarding the damaging impacts of electrical surges, propelling immediate investments in protection solutions.

As we look into the midterm projection from 2024 to 2027, sustained growth is expected, primarily attributed to continual technological advancements, further integration of IoT device, and expanding industrial infrastructure.

The proliferation of smart grids, automation, and IoT applications significantly amplifies the need for surge protection, ensuring the uninterrupted functionality of interconnected systems. This phase anticipates a steady rise driven by consistent market demands across diverse sectors and regions.

In the long term, from 2027 to 2034, market forecasts indicate a sustained upward trajectory due to ongoing urban development, increased automation, and the ever expanding use of sensitive electronics. Surge protection device will remain integral in safeguarding an increasingly interconnected world as emerging technologies continue to evolve, necessitating advanced protection mechanisms.

A growing focus on sustainable energy and infrastructure development will fuel the long-term demand for reliable surge protection solutions, affirming a continued upward trajectory for the surge protection device market.

Surge Protection Device Market Key Drivers

  • The rising use of sensitive electronics in industries and homes fuels the demand for robust surge protection solutions.
  • Expanding infrastructure projects worldwide requires reliable surge protection in diverse applications.
  • Heightened occurrences of severe weather events and unstable power grids propel the demand for adequate surge protection.
  • The growing adoption of IoT device amplifies the necessity for surge protection to safeguard interconnected smart systems.
  • Focusing on preserving the lifespan of expensive equipment and preventing downtime reinforces the surge protection device market.

Challenges in the Surge Protection Device Market

  • Keeping pace with rapid technological advancements and integrating IoT while maintaining cost effectiveness poses a challenge.
  • Addressing the varied protection needs across industries, from sensitive electronics to heavy duty machinery, requires tailored solutions.
  • Adapting to evolving safety standards and regulations globally demands continuous product innovation and stringent testing.
  • Intense rivalry among key players, emerging startups, and niche providers drives the need for differentiation and market positioning strategies.
  • Bridging the knowledge gap among consumers regarding the importance and proper installation of surge protection device.

Country-wise Insights

The table below showcases revenues in terms of the top five leading countries, spearheaded by India and China.

Forecast CAGRs from 2024 to 2034

India 10.30%
China 9.30%
United States 4.30%
United Kingdom 3.60%
France 3.50%

Illuminating India Surge Protection Device Market amidst Technological Surges and Industrial Booms

Surge protection device in India witness a surge in demand due to increased adoption of IoT device across sectors, necessitating enhanced protection against electrical surges.

Market trends focus on sustainable surge protection options, aligning with its push for eco friendly technologies. With rapid industrialization and infrastructural development, there is a heightened need for reliable surge protection solutions, fueling expansion at a CAGR of 10.30%.

Energizing China Surge Protection Device Market amid Technological Advancements and Industrial Evolution

China surge protection device market is experiencing growth due to extensive smart city projects, demanding robust protection for integrated technologies and infrastructure.

Increasing renewable energy installations drive the need for surge protection solutions, supporting the upward trajectory of the market. Rapid industrial modernization propels the demand for reliable surge protection device, contributing a 9.30% CAGR through 2034.

Illuminating the Future of Surge Protection Device in the Dynamic Landscape of the United States

Increasing focus on home electronics safety escalates demand for surge protection device, driven by heightened consumer awareness.

Compliance with rigorous safety regulations fosters innovation in surge protection device across various sectors. Surge protection solutions evolve to cater to the rising trend of smart home technology integration, expanding at a 4.30% CAGR through 2034.

Fortifying Infrastructure and Data Integrity with Surge Protection Device in the United Kingdom

The United Kingdom surge protection device market witnesses growth due to heightened demand for protecting commercial infrastructure against electrical surges.

Increasing concerns about data protection and cybersecurity drive the need for robust surge protection in digital environments. Surge protection solutions evolve to accommodate rising building automation trends, registering a 3.60% CAGR through 2034.

Safeguarding France Technological Advancements with Innovative Surge Protection Solutions

The surge protection device market in France leans towards eco conscious options, aligning with sustainability initiatives and environmentally friendly technologies.

The surge protection market sees growth due to urban redevelopment projects that require advanced protection for revitalized infrastructures. Rising demands in telecommunications infrastructure drive the need for specialized surge protection solutions, yielding a 3.50% CAGR through 2034.

Category-wise Insights

Category Market Share in 2024
Type 2 44.50%
Industrial 43.98%

Type 2 Surges Ahead as the Premier Segment in Surge Protection Device

Type 2 surge protection device dominate due to their versatility and widespread application across diverse electrical systems. Their inherent capability to protect against moderate surge levels in main distribution and branch panels makes them indispensable in commercial, industrial, and residential settings. Offering enhanced protection for sensitive equipment, Type 2 device act as a crucial line of defense, ensuring uninterrupted operations.

Anticipated to maintain a 44.50% market share until 2024, their popularity stems from efficient transient overvoltage handling, adaptability to various installations, and compliance with safety standards. This sustained dominance reaffirms the pivotal role of Type 2 in safeguarding electrical infrastructure against surges.

Industrial Segment Powering Ahead as the Primary Consumer of Surge Protection Device with a Commanding Market Share

The Industrial sector emerges as the foremost end user in surge protection device and is projected to retain a substantial 43.98% market share until 2024. Its dominance is rooted in the extensive reliance of the sector on sophisticated machinery and sensitive electronic systems susceptible to power disturbances. With a paramount need for continuous operation and protection against surges, industrial facilities prioritize robust surge protection device solutions.

Offering comprehensive defense against voltage spikes, these device ensure uninterrupted workflow, equipment longevity, and cost effective maintenance. The unwavering demand of this sector for resilient surge protection device reaffirms its status as the leading segment, underscoring the critical role of these device in safeguarding industrial infrastructure.

Competitive Landscape

The surge protection device market thrives in a competitive landscape dominated by key players like Eaton Corporation, Schneider Electric, Siemens AG, and ABB Group. These industry leaders offer diverse surge protection device solutions catering to residential, commercial, and industrial sectors. Their competitive edge lies in technological innovation, reliability, and comprehensive product portfolios.

Emerging contenders are disrupting the market with specialized niche offerings and focusing on sustainable, IoT integrated solutions. Market dynamics emphasize R&D investments, strategic partnerships, and mergers to enhance global reach and product diversification. The evolving landscape underscores a continual drive for advanced surge protection device technologies to meet the escalating demand for safeguarding sensitive electronic equipment.

Product Portfolio

  • Eaton Corporation offers innovative power management solutions, including UPS systems, circuit protection, and surge device. Its portfolio is committed to reliability, efficiency, and safety and ensures seamless power flow for residential, commercial, and industrial applications.
  • Schneider Electric. Co specializes in sustainable energy management and automation solutions. Their diverse portfolio includes smart grid technologies, energy efficient products, and digital solutions for homes, buildings, data centers, and industries. With a focus on innovation and sustainability, Schneider Electric empowers customers to manage energy and processes more efficiently.
  • Siemens AG is a global powerhouse focusing on electrification, automation, and digitalization. Their product portfolio spans energy efficient technologies, industrial automation, and smart infrastructure solutions. Siemens aims to drive sustainable progress through innovative innovations and technological advancements in various sectors.

Report Scope

Attribute Details
Estimated Market Size in 2024 USD 2,864.50 million
Projected Market Valuation in 2034 USD 6,256.50 million
Value-based CAGR 2024 to 2034 8.10%
Forecast Period 2024 to 2034
Historical Data Available for 2019 to 2023
Market Analysis Value in USD million
Key Regions Covered North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa
Key Market Segments Covered Type, End User, Region
Key Countries Profiled The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel
Key Companies Profiled Eaton Corporation; Schneider- electric. Co; Siemens AG; ABB Group; General Electric; Emerson Electric Co.; Littelfuse Inc.; Koninklikes Philips N.V; Rockwell Automation Inc.; Honeywell International Inc.

Segmentation Analysis of the Surge Protection Device Market

By Type:

  • Type 1
  • Type 2
  • Type 3

By End-User:

  • Industrial
  • Commercial
  • Residential

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
    • 5.1. Type 1
    • 5.2. Type 2
    • 5.3. Type 3
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User
    • 6.1. Industrial
    • 6.2. Commercial
    • 6.3. Residential
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Western Europe
    • 7.4. Eastern Europe
    • 7.5. South Asia and Pacific
    • 7.6. East Asia
    • 7.7. Middle East and Africa
  • 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. Eaton Corporation
    • 17.2. Schneider Electric Co
    • 17.3. Siemens AG
    • 17.4. ABB Group
    • 17.5. General Electric
    • 17.6. Emerson Electric Co
    • 17.7. Littelfuse, Inc.
    • 17.8. Koninklikes Philips N.V
    • 17.9. Rockwell Automation, Inc
    • 17.10. Honeywell International Inc
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 4: Global Market Volume (Units) Forecast by Type, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by End-User, 2019 to 2034

Table 6: Global Market Volume (Units) Forecast by End-User, 2019 to 2034

Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 10: North America Market Volume (Units) Forecast by Type, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by End-User, 2019 to 2034

Table 12: North America Market Volume (Units) Forecast by End-User, 2019 to 2034

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 16: Latin America Market Volume (Units) Forecast by Type, 2019 to 2034

Table 17: Latin America Market Value (US$ Million) Forecast by End-User, 2019 to 2034

Table 18: Latin America Market Volume (Units) Forecast by End-User, 2019 to 2034

Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 21: Western Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 22: Western Europe Market Volume (Units) Forecast by Type, 2019 to 2034

Table 23: Western Europe Market Value (US$ Million) Forecast by End-User, 2019 to 2034

Table 24: Western Europe Market Volume (Units) Forecast by End-User, 2019 to 2034

Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 27: Eastern Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 28: Eastern Europe Market Volume (Units) Forecast by Type, 2019 to 2034

Table 29: Eastern Europe Market Value (US$ Million) Forecast by End-User, 2019 to 2034

Table 30: Eastern Europe Market Volume (Units) Forecast by End-User, 2019 to 2034

Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034

Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 34: South Asia and Pacific Market Volume (Units) Forecast by Type, 2019 to 2034

Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by End-User, 2019 to 2034

Table 36: South Asia and Pacific Market Volume (Units) Forecast by End-User, 2019 to 2034

Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 38: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 39: East Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 40: East Asia Market Volume (Units) Forecast by Type, 2019 to 2034

Table 41: East Asia Market Value (US$ Million) Forecast by End-User, 2019 to 2034

Table 42: East Asia Market Volume (Units) Forecast by End-User, 2019 to 2034

Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034

Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 46: Middle East and Africa Market Volume (Units) Forecast by Type, 2019 to 2034

Table 47: Middle East and Africa Market Value (US$ Million) Forecast by End-User, 2019 to 2034

Table 48: Middle East and Africa Market Volume (Units) Forecast by End-User, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by End-User, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 8: Global Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 9: Global Market Volume (Units) Analysis by Type, 2019 to 2034

Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 12: Global Market Value (US$ Million) Analysis by End-User, 2019 to 2034

Figure 13: Global Market Volume (Units) Analysis by End-User, 2019 to 2034

Figure 14: Global Market Value Share (%) and BPS Analysis by End-User, 2024 to 2034

Figure 15: Global Market Y-o-Y Growth (%) Projections by End-User, 2024 to 2034

Figure 16: Global Market Attractiveness by Type, 2024 to 2034

Figure 17: Global Market Attractiveness by End-User, 2024 to 2034

Figure 18: Global Market Attractiveness by Region, 2024 to 2034

Figure 19: North America Market Value (US$ Million) by Type, 2024 to 2034

Figure 20: North America Market Value (US$ Million) by End-User, 2024 to 2034

Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 26: North America Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 27: North America Market Volume (Units) Analysis by Type, 2019 to 2034

Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 30: North America Market Value (US$ Million) Analysis by End-User, 2019 to 2034

Figure 31: North America Market Volume (Units) Analysis by End-User, 2019 to 2034

Figure 32: North America Market Value Share (%) and BPS Analysis by End-User, 2024 to 2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by End-User, 2024 to 2034

Figure 34: North America Market Attractiveness by Type, 2024 to 2034

Figure 35: North America Market Attractiveness by End-User, 2024 to 2034

Figure 36: North America Market Attractiveness by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Million) by Type, 2024 to 2034

Figure 38: Latin America Market Value (US$ Million) by End-User, 2024 to 2034

Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 45: Latin America Market Volume (Units) Analysis by Type, 2019 to 2034

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 48: Latin America Market Value (US$ Million) Analysis by End-User, 2019 to 2034

Figure 49: Latin America Market Volume (Units) Analysis by End-User, 2019 to 2034

Figure 50: Latin America Market Value Share (%) and BPS Analysis by End-User, 2024 to 2034

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End-User, 2024 to 2034

Figure 52: Latin America Market Attractiveness by Type, 2024 to 2034

Figure 53: Latin America Market Attractiveness by End-User, 2024 to 2034

Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 55: Western Europe Market Value (US$ Million) by Type, 2024 to 2034

Figure 56: Western Europe Market Value (US$ Million) by End-User, 2024 to 2034

Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 62: Western Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 63: Western Europe Market Volume (Units) Analysis by Type, 2019 to 2034

Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 66: Western Europe Market Value (US$ Million) Analysis by End-User, 2019 to 2034

Figure 67: Western Europe Market Volume (Units) Analysis by End-User, 2019 to 2034

Figure 68: Western Europe Market Value Share (%) and BPS Analysis by End-User, 2024 to 2034

Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by End-User, 2024 to 2034

Figure 70: Western Europe Market Attractiveness by Type, 2024 to 2034

Figure 71: Western Europe Market Attractiveness by End-User, 2024 to 2034

Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 73: Eastern Europe Market Value (US$ Million) by Type, 2024 to 2034

Figure 74: Eastern Europe Market Value (US$ Million) by End-User, 2024 to 2034

Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 81: Eastern Europe Market Volume (Units) Analysis by Type, 2019 to 2034

Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 84: Eastern Europe Market Value (US$ Million) Analysis by End-User, 2019 to 2034

Figure 85: Eastern Europe Market Volume (Units) Analysis by End-User, 2019 to 2034

Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by End-User, 2024 to 2034

Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by End-User, 2024 to 2034

Figure 88: Eastern Europe Market Attractiveness by Type, 2024 to 2034

Figure 89: Eastern Europe Market Attractiveness by End-User, 2024 to 2034

Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 91: South Asia and Pacific Market Value (US$ Million) by Type, 2024 to 2034

Figure 92: South Asia and Pacific Market Value (US$ Million) by End-User, 2024 to 2034

Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Type, 2019 to 2034

Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by End-User, 2019 to 2034

Figure 103: South Asia and Pacific Market Volume (Units) Analysis by End-User, 2019 to 2034

Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by End-User, 2024 to 2034

Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End-User, 2024 to 2034

Figure 106: South Asia and Pacific Market Attractiveness by Type, 2024 to 2034

Figure 107: South Asia and Pacific Market Attractiveness by End-User, 2024 to 2034

Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 109: East Asia Market Value (US$ Million) by Type, 2024 to 2034

Figure 110: East Asia Market Value (US$ Million) by End-User, 2024 to 2034

Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 116: East Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 117: East Asia Market Volume (Units) Analysis by Type, 2019 to 2034

Figure 118: East Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 120: East Asia Market Value (US$ Million) Analysis by End-User, 2019 to 2034

Figure 121: East Asia Market Volume (Units) Analysis by End-User, 2019 to 2034

Figure 122: East Asia Market Value Share (%) and BPS Analysis by End-User, 2024 to 2034

Figure 123: East Asia Market Y-o-Y Growth (%) Projections by End-User, 2024 to 2034

Figure 124: East Asia Market Attractiveness by Type, 2024 to 2034

Figure 125: East Asia Market Attractiveness by End-User, 2024 to 2034

Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 127: Middle East and Africa Market Value (US$ Million) by Type, 2024 to 2034

Figure 128: Middle East and Africa Market Value (US$ Million) by End-User, 2024 to 2034

Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 135: Middle East and Africa Market Volume (Units) Analysis by Type, 2019 to 2034

Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by End-User, 2019 to 2034

Figure 139: Middle East and Africa Market Volume (Units) Analysis by End-User, 2019 to 2034

Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by End-User, 2024 to 2034

Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by End-User, 2024 to 2034

Figure 142: Middle East and Africa Market Attractiveness by Type, 2024 to 2034

Figure 143: Middle East and Africa Market Attractiveness by End-User, 2024 to 2034

Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Frequently Asked Questions

What is the expected worth of the Surge Protection Device Market in 2024?

The surge protection device market is expected to reach USD 2,864.50 million in 2024.

What is the expected growth rate of the Surge Protection Device ecosystem until 2034?

The surge protection device market is set to expand by a CAGR of 8.10% by 2034.

What is the Growth Potential of the Surge Protection Device Market by 2034?

The surge protection device industry is forecast to reach USD 6,256.50 million by 2034.

Which country is likely to be at the pinnacle of the Surge Protection Device Market?

India is likely to be the top performing market, surging at a CAGR of 10.30% through 2034.

Which is the leading Type in the Surge Protection Device domain?

Type 2 is the preferred segment, expected to hold a market share of 44.50% through 2024.

Explore Electronics & Components Insights

Future Market Insights

Surge Protection Device Market