• • • SURGE + CIRCUIT PROTECTION • • • Surge protection market
trends and development The global surge protection devices market is expected to witness robust growth over the coming years, primarily driven by the increasing vulnerability of electrical and electronic systems to transient over voltages and lightning-induced surges
urge protection devices play a critical role in safeguarding electrical infrastructure by diverting excess voltage from sensitive equipment, thus preventing damage and enhancing operational continuity. With the widespread adoption of digital technologies, the reliance on microprocessor-based devices across industrial, commercial, residential and infrastructure sectors have made surge protection indispensable. The growing incidence of electrical surges due to unstable power supply, grid switching, lightning strikes and integration of renewable energy sources such as solar and wind, known for their intermittent output, has significantly amplified the demand for surge protection devices. Furthermore, the rollout of 5G networks, smart city projects, and data centres has contributed to a rising need for highly reliable and uninterrupted power systems, which, in turn, accelerates the adoption of surge protection solutions. Regionally, Asia Pacific is expected to dominate the market in the forecast period due to rapid industrialisation, urban expansion, rising investment in infrastructure, and aggressive digitalisation trends in countries like China, India and Japan.
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Government regulations mandating the installation of surge protection systems in critical infrastructure and residential buildings are also contributing to regional market growth. According to MarketsandMarkets the global surge protection devices market is projected to reach approximately USD 3,947.3 million by 2030, growing at a CAGR of 5.8 per cent from 2025 to 2030.
Rapid industrialisation and growing smart
infrastructure investments to fuel market growth
Leading market players such as Schneider Electric (France), Eaton (US), ABB (Switzerland), and Siemens (Germany) are heavily investing in R&D to develop compact, high-capacity, and loT-enabled SPDs to meet the evolving demands of smart infrastructure. Strategic collaborations, product innovations, and regional expansions remain key focus areas for these companies to strengthen their global footprint and technological edge in this critical safety market. Surge protection devices (SPDs) are critical components in modern electrical infrastructure.
They are designed to protect electrical and electronic equipment from transient overvoltages caused by lightning strikes, power grid switching and internal equipment operations. These devices are essential for ensuring the safety, reliability and longevity of power systems across residential, commercial, industrial, data centre and utility applications. SPDs help prevent damage to sensitive electronics, reduce downtime and support uninterrupted operations in power-intensive environments.
The global surge protection devices market is experiencing robust growth, driven by the rising dependency on sensitive electronics, the growing implementation of smart grid infrastructure, and the
increasing occurrences of power surges due to extreme weather and aging grid systems. Sectors such as telecommunications, data centres, industrial manufacturing, healthcare and utilities increasingly require advanced surge protection solutions to mitigate risks related to electrical disturbances and equipment failures.
Surge protection devices market: Ecosystem analysis
Key growth drivers include the escalating demand for electrical safety and asset protection, the increasing use of connected and smart devices and strict regulations regarding equipment protection standards in industrial and commercial settings. The growing deployment of distributed energy resources (DERs), such as rooftop solar and wind energy systems, has further elevated the need for effective surge protection to handle bidirectional power flows and grid instability. Technological advancements such as smart SPDs with real-time monitoring, integration with loT platforms and predictive diagnostics enabling proactive maintenance and enhanced grid reliability. The adoption of modular SPDs, easy-to-install solutions and customised protection systems tailored for specific applications is also expanding the market scope. However, the surge protection market faces challenges, including limited awareness in rural and developing regions, varying standards across countries and the perception of surge protection as a non-critical investment. Price sensitivity, particularly in the residential sector, and inconsistent enforcement of protection standards can hinder market penetration. Nevertheless, as digitalisation accelerates across industries and the risk of surge-induced disruptions rises, the demand for SPDs is expected to grow steadily, supported by the ongoing expansion of smart infrastructure and electrified transport systems.
The global surge protection devices market is undergoing significant transformation as industries focus on enhancing electrical resilience, minimising downtime and protecting sensitive equipment in an increasingly digital and electrified world. The proliferation of smart devices, automation systems and interconnected infrastructure has made surge protection a critical component of modern electrical systems across residential, commercial, industrial and utility sectors. One of the primary drivers shaping customer demand is the rising occurrence of voltage surges caused by lightning strikes, switching operations, aging grid infrastructure and the growing use of renewable energy sources. With the integration of decentralised and intermittent energy sources such as solar and
34 ELECTRICAL ENGINEERING • JULY/AUGUST 2025
electricalengineeringmagazine.co.uk
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