The global market for Surge Protection Devices (SPD) was estimated to be worth US$2,394.60 million in 2025 and is forecast to a readjusted size of US$ 2,677.94 million by 2032 with a CAGR of 1.59% during the forecast period 2025-2032.
North American market for Surge Protection Devices (SPD) was valued at $ 331.19 million in 2025 and will reach $ 339.74 million by 2032, at a CAGR of 0.44 % during the forecast period of 2026 through 2032.
Asia-Pacific market for Surge Protection Devices (SPD) was valued at $ 1,416.00 million in 2025 and will reach $ 1,567.15 million by 2032, at a CAGR of 1.38 % during the forecast period of 2026 through 2032.
Europe market for Surge Protection Devices (SPD) was valued at $ 487.19 million in 2025 and will reach $ 502.34 million by 2032, at a CAGR of 0.48 % during the forecast period of 2026 through 2032.
The global key companies in the Surge Protection Devices (SPD) market include Phoenix, ABB, Emerson, DEHN SE, Eaton, Siemens, ZG, Citel, Obo Bettermann, Schneider, etc. In 2025, the five largest players accounted for approximately 28.28% of revenue.
This report provides a comprehensive view of the global market for Surge Protection Devices (SPD), covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Surge Protection Devices (SPD) market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Surge Protection Devices (SPD).
Market Segmentation
By Company
- Phoenix
- ABB
- Emerson
- DEHN SE
- Eaton
- Siemens
- ZG
- Citel
- Obo Bettermann
- Schneider
- Infinite Electronics
- Weidmuller
- Littelfuse
- Mersen Electrical
- NVent
- Philips
- LEIAN
- HPXIN
- MVC-Maxivolt
- ASP
- Legrand
- JMV
- Chengdu Pedaro Technology
- Xiamen SET
- C-Power
- MCG Surge Protection
- Leviton
- KEANDA
Segment by Type
- Power Type SPD
- Signal Type SPD
- Others
Segment by Application
- Communication
- Construction
- Electric Power
- Transportation
- Oil and Gas
- PV
- Wind Power
- Others
Consumption by Region
- North America
- United States
- Mexico
- Canada
- Asia Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Rest of Europe
- Latin America
- Argentina
- Brazil
- Rest of Latin America
- Middle East & Africa
Chapter Outline
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Surge Protection Devices (SPD) manufacturers' competitive landscape-including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market classification, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Surge Protection Devices (SPD) sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Surge Protection Devices (SPD) sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Surge Protection Devices (SPD) Product Introduction
- 1.2 Global Surge Protection Devices (SPD) Market Size Forecast
- 1.2.1 Global Surge Protection Devices (SPD) Sales Value (2021-2032)
- 1.2.2 Global Surge Protection Devices (SPD) Sales Volume (2021-2032)
- 1.2.3 Global Surge Protection Devices (SPD) Sales Price (2021-2032)
- 1.3 Surge Protection Devices (SPD) Market Trends & Drivers
- 1.3.1 Surge Protection Devices (SPD) Industry Trends
- 1.3.2 Surge Protection Devices (SPD) Market Drivers & Opportunities
- 1.3.3 Surge Protection Devices (SPD) Market Challenges
- 1.3.4 Surge Protection Devices (SPD) Market Restraints
- 1.3.5 Impact of U.S. Tariffs
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Surge Protection Devices (SPD) Players Revenue Ranking (2025)
- 2.2 Global Surge Protection Devices (SPD) Revenue by Company (2021-2026)
- 2.3 Global Surge Protection Devices (SPD) Sales Volume Ranking of Players (2025)
- 2.4 Global Surge Protection Devices (SPD) Sales Volume by Company (2021-2026)
- 2.5 Global Surge Protection Devices (SPD) Average Price by Company (2021-2026)
- 2.6 Surge Protection Devices (SPD) Market Competitive Analysis
- 2.6.1 Surge Protection Devices (SPD) Market Concentration Rate (2021-2026)
- 2.6.2 Global 5 and 10 Largest Manufacturers by Surge Protection Devices (SPD) Revenue in 2025
- 2.6.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Surge Protection Devices (SPD) revenue, 2025
- 2.7 Mergers & Acquisitions and Expansion
3 Segmentation Surge Protection Devices (SPD) Market Classification
- 3.1 Introduction by Type
- 3.1.1 Power Type SPD
- 3.1.2 Signal Type SPD
- 3.1.3 Others
- 3.1.4 Global Surge Protection Devices (SPD) Sales Value by Type
- 3.1.5 Global Surge Protection Devices (SPD) Sales Volume by Type
- 3.1.6 Global Surge Protection Devices (SPD) Average Price by Type (2021-2032)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Communication
- 4.1.2 Construction
- 4.1.3 Electric Power
- 4.1.4 Transportation
- 4.1.5 Oil and Gas
- 4.1.6 PV
- 4.1.7 Wind Power
- 4.1.8 Others
- 4.2 Global Surge Protection Devices (SPD) Sales Value by Application
- 4.2.1 Global Surge Protection Devices (SPD) Sales Value by Application (2021 vs 2025 vs 2032)
- 4.2.2 Global Surge Protection Devices (SPD) Sales Value, by Application (2021-2032)
- 4.2.3 Global Surge Protection Devices (SPD) Sales Value, by Application (%), 2021-2032
- 4.3 Global Surge Protection Devices (SPD) Sales Volume by Application
- 4.3.1 Global Surge Protection Devices (SPD) Sales Volume by Application (2021 vs 2025 vs 2032)
- 4.3.2 Global Surge Protection Devices (SPD) Sales Volume, by Application (2021-2032)
- 4.3.3 Global Surge Protection Devices (SPD) Sales Volume, by Application (%), 2021-2032
- 4.4 Global Surge Protection Devices (SPD) Average Price by Application (2021-2032)
5 Segmentation by Region
- 5.1 Global Surge Protection Devices (SPD) Sales Value by Region
- 5.1.1 Global Surge Protection Devices (SPD) Sales Value by Region: 2021 vs 2025 vs 2032
- 5.1.2 Global Surge Protection Devices (SPD) Sales Value by Region (2021-2026)
- 5.1.3 Global Surge Protection Devices (SPD) Sales Value by Region (2027-2032)
- 5.1.4 Global Surge Protection Devices (SPD) Sales Value by Region (%), 2021-2032
- 5.2 Global Surge Protection Devices (SPD) Sales Volume by Region
- 5.2.1 Global Surge Protection Devices (SPD) Sales Volume by Region: 2021 vs 2025 vs 2032
- 5.2.2 Global Surge Protection Devices (SPD) Sales Volume by Region (2021-2026)
- 5.2.3 Global Surge Protection Devices (SPD) Sales Volume by Region (2027-2032)
- 5.2.4 Global Surge Protection Devices (SPD) Sales Volume by Region (%), 2021-2032
- 5.3 Global Surge Protection Devices (SPD) Average Price by Region (2021-2032)
- 5.4 North America
- 5.4.1 North America Surge Protection Devices (SPD) Sales Value, 2021-2032
- 5.4.2 North America Surge Protection Devices (SPD) Sales Value by Country (%), 2025 vs 2032
- 5.5 Europe
- 5.5.1 Europe Surge Protection Devices (SPD) Sales Value, 2021-2032
- 5.5.2 Europe Surge Protection Devices (SPD) Sales Value by Country (%), 2025 vs 2032
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Surge Protection Devices (SPD) Sales Value, 2021-2032
- 5.6.2 Asia Pacific Surge Protection Devices (SPD) Sales Value by Region (%), 2025 vs 2032
- 5.7 Latin America
- 5.7.1 Latin America Surge Protection Devices (SPD) Sales Value, 2021-2032
- 5.7.2 Latin America Surge Protection Devices (SPD) Sales Value by Country (%), 2025 vs 2032
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Surge Protection Devices (SPD) Sales Value, 2021-2032
- 5.8.2 Middle East & Africa Surge Protection Devices (SPD) Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Surge Protection Devices (SPD) Sales Value Growth Trends, 2021 vs 2025 vs 2032
- 6.2 Key Countries/Regions Surge Protection Devices (SPD) Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Surge Protection Devices (SPD) Sales Value, 2021-2032
- 6.2.2 Key Countries/Regions Surge Protection Devices (SPD) Sales Volume, 2021-2032
- 6.3 United States
- 6.3.1 United States Surge Protection Devices (SPD) Sales Value, 2021-2032
- 6.3.2 United States Surge Protection Devices (SPD) Sales Value by Type (%), 2025 vs 2032
- 6.3.3 United States Surge Protection Devices (SPD) Sales Value by Application, 2025 vs 2032
- 6.4 Europe
- 6.4.1 Europe Surge Protection Devices (SPD) Sales Value, 2021-2032
- 6.4.2 Europe Surge Protection Devices (SPD) Sales Value by Type (%), 2025 vs 2032
- 6.4.3 Europe Surge Protection Devices (SPD) Sales Value by Application, 2025 vs 2032
- 6.5 China
- 6.5.1 China Surge Protection Devices (SPD) Sales Value, 2021-2032
- 6.5.2 China Surge Protection Devices (SPD) Sales Value by Type (%), 2025 vs 2032
- 6.5.3 China Surge Protection Devices (SPD) Sales Value by Application, 2025 vs 2032
- 6.6 Japan
- 6.6.1 Japan Surge Protection Devices (SPD) Sales Value, 2021-2032
- 6.6.2 Japan Surge Protection Devices (SPD) Sales Value by Type (%), 2025 vs 2032
- 6.6.3 Japan Surge Protection Devices (SPD) Sales Value by Application, 2025 vs 2032
- 6.7 South Korea
- 6.7.1 South Korea Surge Protection Devices (SPD) Sales Value, 2021-2032
- 6.7.2 South Korea Surge Protection Devices (SPD) Sales Value by Type (%), 2025 vs 2032
- 6.7.3 South Korea Surge Protection Devices (SPD) Sales Value by Application, 2025 vs 2032
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Surge Protection Devices (SPD) Sales Value, 2021-2032
- 6.8.2 Southeast Asia Surge Protection Devices (SPD) Sales Value by Type (%), 2025 vs 2032
- 6.8.3 Southeast Asia Surge Protection Devices (SPD) Sales Value by Application, 2025 vs 2032
- 6.9 India
- 6.9.1 India Surge Protection Devices (SPD) Sales Value, 2021-2032
- 6.9.2 India Surge Protection Devices (SPD) Sales Value by Type (%), 2025 vs 2032
- 6.9.3 India Surge Protection Devices (SPD) Sales Value by Application, 2025 vs 2032
7 Company Profiles
- 7.1 Phoenix
- 7.1.1 Phoenix Company Information
- 7.1.2 Phoenix Introduction and Business Overview
- 7.1.3 Phoenix Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.1.4 Phoenix Surge Protection Devices (SPD) Product Offerings
- 7.2 ABB
- 7.2.1 ABB Company Information
- 7.2.2 ABB Introduction and Business Overview
- 7.2.3 ABB Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.2.4 ABB Surge Protection Devices (SPD) Product Offerings
- 7.3 Emerson
- 7.3.1 Emerson Company Information
- 7.3.2 Emerson Introduction and Business Overview
- 7.3.3 Emerson Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.3.4 Emerson Surge Protection Devices (SPD) Product Offerings
- 7.4 DEHN SE
- 7.4.1 DEHN SE Company Information
- 7.4.2 DEHN SE Introduction and Business Overview
- 7.4.3 DEHN SE Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.4.4 DEHN SE Surge Protection Devices (SPD) Product Offerings
- 7.5 Eaton
- 7.5.1 Eaton Company Information
- 7.5.2 Eaton Introduction and Business Overview
- 7.5.3 Eaton Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.5.4 Eaton Surge Protection Devices (SPD) Product Offerings
- 7.6 Siemens
- 7.6.1 Siemens Company Information
- 7.6.2 Siemens Introduction and Business Overview
- 7.6.3 Siemens Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.6.4 Siemens Surge Protection Devices (SPD) Product Offerings
- 7.7 ZG
- 7.7.1 ZG Company Information
- 7.7.2 ZG Introduction and Business Overview
- 7.7.3 ZG Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.7.4 ZG Surge Protection Devices (SPD) Product Offerings
- 7.8 Citel
- 7.8.1 Citel Company Information
- 7.8.2 Citel Introduction and Business Overview
- 7.8.3 Citel Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.8.4 Citel Surge Protection Devices (SPD) Product Offerings
- 7.9 Obo Bettermann
- 7.9.1 Obo Bettermann Company Information
- 7.9.2 Obo Bettermann Introduction and Business Overview
- 7.9.3 Obo Bettermann Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.9.4 Obo Bettermann Surge Protection Devices (SPD) Product Offerings
- 7.10 Schneider
- 7.10.1 Schneider Company Information
- 7.10.2 Schneider Introduction and Business Overview
- 7.10.3 Schneider Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.10.4 Schneider Surge Protection Devices (SPD) Product Offerings
- 7.11 Infinite Electronics
- 7.11.1 Infinite Electronics Company Information
- 7.11.2 Infinite Electronics Introduction and Business Overview
- 7.11.3 Infinite Electronics Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.11.4 Infinite Electronics Surge Protection Devices (SPD) Product Offerings
- 7.12 Weidmuller
- 7.12.1 Weidmuller Company Information
- 7.12.2 Weidmuller Introduction and Business Overview
- 7.12.3 Weidmuller Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.12.4 Weidmuller Surge Protection Devices (SPD) Product Offerings
- 7.13 Littelfuse
- 7.13.1 Littelfuse Company Information
- 7.13.2 Littelfuse Introduction and Business Overview
- 7.13.3 Littelfuse Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.13.4 Littelfuse Surge Protection Devices (SPD) Product Offerings
- 7.14 Mersen Electrical
- 7.14.1 Mersen Electrical Company Information
- 7.14.2 Mersen Electrical Introduction and Business Overview
- 7.14.3 Mersen Electrical Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.14.4 Mersen Electrical Surge Protection Devices (SPD) Product Offerings
- 7.15 NVent
- 7.15.1 NVent Company Information
- 7.15.2 NVent Introduction and Business Overview
- 7.15.3 NVent Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.15.4 NVent Surge Protection Devices (SPD) Product Offerings
- 7.16 Philips
- 7.16.1 Philips Company Information
- 7.16.2 Philips Introduction and Business Overview
- 7.16.3 Philips Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.16.4 Philips Surge Protection Devices (SPD) Product Offerings
- 7.17 LEIAN
- 7.17.1 LEIAN Company Information
- 7.17.2 LEIAN Introduction and Business Overview
- 7.17.3 LEIAN Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.17.4 LEIAN Surge Protection Devices (SPD) Product Offerings
- 7.18 HPXIN
- 7.18.1 HPXIN Company Information
- 7.18.2 HPXIN Introduction and Business Overview
- 7.18.3 HPXIN Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.18.4 HPXIN Surge Protection Devices (SPD) Product Offerings
- 7.19 MVC-Maxivolt
- 7.19.1 MVC-Maxivolt Company Information
- 7.19.2 MVC-Maxivolt Introduction and Business Overview
- 7.19.3 MVC-Maxivolt Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.19.4 MVC-Maxivolt Surge Protection Devices (SPD) Product Offerings
- 7.20 ASP
- 7.20.1 ASP Company Information
- 7.20.2 ASP Introduction and Business Overview
- 7.20.3 ASP Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.20.4 ASP Surge Protection Devices (SPD) Product Offerings
- 7.21 Legrand
- 7.21.1 Legrand Company Information
- 7.21.2 Legrand Introduction and Business Overview
- 7.21.3 Legrand Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.21.4 Legrand Surge Protection Devices (SPD) Product Offerings
- 7.22 JMV
- 7.22.1 JMV Company Information
- 7.22.2 JMV Introduction and Business Overview
- 7.22.3 JMV Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.22.4 JMV Surge Protection Devices (SPD) Product Offerings
- 7.23 Chengdu Pedaro Technology
- 7.23.1 Chengdu Pedaro Technology Company Information
- 7.23.2 Chengdu Pedaro Technology Introduction and Business Overview
- 7.23.3 Chengdu Pedaro Technology Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.23.4 Chengdu Pedaro Technology Surge Protection Devices (SPD) Product Offerings
- 7.24 Xiamen SET
- 7.24.1 Xiamen SET Company Information
- 7.24.2 Xiamen SET Introduction and Business Overview
- 7.24.3 Xiamen SET Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.24.4 Xiamen SET Surge Protection Devices (SPD) Product Offerings
- 7.25 C-Power
- 7.25.1 C-Power Company Information
- 7.25.2 C-Power Introduction and Business Overview
- 7.25.3 C-Power Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.25.4 C-Power Surge Protection Devices (SPD) Product Offerings
- 7.26 MCG Surge Protection
- 7.26.1 MCG Surge Protection Company Information
- 7.26.2 MCG Surge Protection Introduction and Business Overview
- 7.26.3 MCG Surge Protection Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.26.4 MCG Surge Protection Surge Protection Devices (SPD) Product Offerings
- 7.27 Leviton
- 7.27.1 Leviton Company Information
- 7.27.2 Leviton Introduction and Business Overview
- 7.27.3 Leviton Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.27.4 Leviton Surge Protection Devices (SPD) Product Offerings
- 7.28 KEANDA
- 7.28.1 KEANDA Company Information
- 7.28.2 KEANDA Introduction and Business Overview
- 7.28.3 KEANDA Surge Protection Devices (SPD) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.28.4 KEANDA Surge Protection Devices (SPD) Product Offerings
8 Industry Chain Analysis
- 8.1 Surge Protection Devices (SPD) Industrial Chain
- 8.2 Surge Protection Devices (SPD) Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Key Suppliers of Raw Materials
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customer Analysis)
- 8.5 Sales Model and Sales Channelss
- 8.5.1 Surge Protection Devices (SPD) Sales Model
- 8.5.2 Sales Channels
- 8.5.3 Surge Protection Devices (SPD) Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.2 Data Source
- 10.2 Author Details
- 10.3 Disclaimer