Market research reports, consulting: Global Market Insights Inc.

Power Control Commercial Surge Protection Devices Market Size –By Technology, By Power Rating, Analysis, Share, Growth Forecast, 2025 – 2034

Report ID: GMI13077
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Published Date: January 2025
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Report Format: PDF

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Power Control Commercial Surge Protection Devices Market Size

The global power control commercial surge protection devices market size was valued at USD 168.3 million in 2024 and is estimated to grow at a CAGR of 5.6% from 2025 to 2034. The growing need to protect critical electrical systems from disruptions including equipment failures, financial losses, and data loss caused by power surges will encourage the business outlook. The increasing deployment of SPDs in IT infrastructures, smart building technologies, and data centers will spur the industry scenario.
 

Power control commercial surge protection devices are specialized equipment designed to safeguard electrical systems and sensitive equipment in commercial establishments from transient voltage spikes or surges. The rising emphasis on energy efficiency and the deployment of eco-friendly solution that minimize energy consumption will strengthen the installation of surge protection devices. Additionally, the increasing frequency of power disruptions caused by unstable power supply, frequent lightning storms, and aging electrical grids will create favorable business scenario.
 

Power Control Commercial Surge Protection Devices Market Trends

The industry is increasingly shift toward integrated solutions that combine surge protection with advanced power management capabilities, enhancing both protection and real-time monitoring, which in turn will augment the product adoption. These solutions, when integrated into energy management systems provide a comprehensive approach to optimizing energy efficiency and maintaining power quality will further drive the business growth. Additionally, the rising adoption of surge protection devices in educational institutions and their increasing use in small and medium-sized establishments particularly for HVAC systems will escalate the demand for commercial surge protection devices.
 

Power Control Commercial Surge Protection Devices Market Analysis

Power Control Commercial Surge Protection Devices Market Size, By Technology, 2022 - 2034 (USD Million)

The Type 1 power control commercial surge protection devices industry will exceed USD 140 million by 2034. The growing need for integrated protection devices offering advanced voltage clamping capabilities and rapid response times will foster industry dynamics. The widespread adoption of smart buildings and IoT-enabled automation aligned with stringent safety regulations will further fuel business expansion. Moreover, increasing investments in advanced electrical systems and a heightened focus on enhanced monitoring and diagnostic features will sway the deployment of these systems.
 

Power Control Commercial Surge Protection Devices Market Revenue Share, By Power Rating, 2024

The > 150 kA power rated power control commercial surge protection devices market size will witness a growth rate of over 5% through 2034. The increasing adoption of advanced technological systems with superior surge current ratings to safeguard critical assets from electrical disturbances will positively influence the business penetration. Escalating demand for these solutions across essential sectors including healthcare and data centers combined with the growing frequency of extreme weather events comprising of lightning strikes & thunderstorms will further amplify the industry potential.
 

U.S. Power Control Commercial Surge Protection Devices Market Size, 2022 - 2034 (USD Million)

U.S. power control commercial surge protection devices market is set to reach over USD 35 million by 2034, driven by the increasing demand to protect critical infrastructure and sensitive electronics from electrical surges. The ongoing upgradation of grid networks in tandem with the growing reliance on advanced electronic equipment including medical devices, servers, and automated systems in commercial environments will bolster the adoption of these units.
 

The Asia Pacific region is poised for significant expansion fueled by rapid urbanization and a boom in commercial construction activities. Growing awareness of electrical safety, combined with compliance with international standards, and the swift advancement of the IT and telecom sectors will encourage the industry potential. Additionally, governments across major emerging economies are enforcing stringent regulatory frameworks and safety guidelines, further accelerating the adoption of surge protection solutions in commercial establishments, thereby propelling the business opportunity.
 

Power Control Commercial Surge Protection Devices Market Share

Power Control Commercial Surge Protection Devices Company Market Share Analysis, 2024

The competition in the market is characterized by intense rivalry among established players and emerging entrants striving to innovate and capture market share. Key manufacturers focus on developing advanced, cost-effective solutions equipped with enhanced safety features, improved durability, and higher energy handling capabilities to cater to diverse commercial needs. The market is also witnessing increased investment in R&D to incorporate IoT-enabled monitoring, smart diagnostics, and predictive maintenance functionalities, offering added value to end-users.
 

Power Control Commercial Surge Protection Devices Market Companies

Major key players operating in the power control commercial surge protection devices industry are:

  • ABB
  • Belkin
  • Eaton
  • Emerson Electric
  • Hubbell
  • Intermatic
  • JMV
  • Legrand
  • Littelfuse
  • LS Electric
  • Mersen
  • Raycap
  • Phoenix Contact
  • Schneider Electric
  • Siemens
  • Socomec
     

Power Control Commercial Surge Protection Devices Industry News

  • In May 2024, Phoenix Contact announced the establishment of Phoenix Contact Production S.A. de C.V. in Mexico, marking a significant expansion of its North American operations. This cutting-edge 20,000 meter square facility represents an investment of approximately USD 55 million and is slated to commence operations by late 2025. Designed to enhance the company’s manufacturing capacity, the facility is expected to generate approximately 700 jobs by 2032, fostering regional economic development. This strategic move underscores Phoenix Contact’s commitment to innovation and solidifies its position as a leader in advanced production solutions.
     
  • In February 2024, ABB completed the strategic acquisition of SEAM Group to expand its Electrification portfolio. This acquisition bolsters ABB’s capabilities in renewables, electrical safety, and asset management advisory services, addressing the growing need for asset optimization and modernization. By integrating SEAM Group’s expertise, ABB can now deliver cutting-edge solutions that prioritize safety, intelligence, and sustainability in operations, further reinforcing its position as a leader in innovative and holistic electrification solutions.
     

This power control commercial surge protection devices market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (‘000 Units) & revenue (USD Million) from 2021 to 2034, for the following segments:

Market, By Technology

  • Type 1
  • Type 2
  • Type 3

Market, By Power Rating

  • ≤ 50 kA
  • > 50 kA to 100 kA
  • > 100 kA to 150 kA
  • > 150 kA

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Russia
    • UK
    • Italy
    • Spain
    • Netherlands
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • Egypt
    • South Africa
  • Latin America
    • Brazil
    • Argentina

 

Authors: Ankit Gupta, Saurabh Singh
Frequently Asked Question(FAQ) :
How big is the power control commercial surge protection devices market?
The global market for power control commercial surge protection devices was reached USD 168.3 million in 2024 and is projected to grow at a 5.6% CAGR from 2025 to 2034, driven by the increasing need to protect critical electrical systems from power surges.
Why is the demand for Type 1 surge protection devices increasing?
What trends are influencing the U.S. power control commercial surge protection devices industry?
Who are the major players in the power control commercial surge protection devices market?
Power Control Commercial Surge Protection Devices Market Scope
  • Power Control Commercial Surge Protection Devices Market Size
  • Power Control Commercial Surge Protection Devices Market Trends
  • Power Control Commercial Surge Protection Devices Market Analysis
  • Power Control Commercial Surge Protection Devices Market Share
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    Base Year: 2024

    Companies covered: 16

    Tables & Figures: 35

    Countries covered: 19

    Pages: 120

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