Market research reports, consulting: Global Market Insights Inc.

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

Report ID: GMI12843
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Published Date: December 2024
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Report Format: PDF

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Line Cord Commercial Surge Protection Devices Market Size

The global line cord commercial surge protection devices market size was valued at USD 252.5 million in 2024 and is estimated to grow at a CAGR of 6.4% from 2025 to 2034. The increasing demand to protect sensitive electrical systems from disruptions including data loss, equipment failures, and financial impacts caused by power surges will augment the business landscape. Expanding use of these devices in data centers and IT infrastructures in tandem with the rapid adoption of smart building technologies will stimulate industry dynamics.
 

For instance, in August 2023, the U.S. Department of Energy revealed a USD 2.2 billion investment aimed at improving grid resilience, lowering community expenses, and addressing the increasing demands of manufacturing and data centers further driving the need for SPDs.
 

Line cord commercial surge protection devices are portable units designed to safeguard electronic equipment against voltage spikes. These devices are connected between the power outlet and the equipment, providing surge suppression and ensuring operational safety. The increasing focus on energy efficiency along with the adoption of eco-friendly surge protection devices designed to reduce energy consumption will bolster the industry growth. Moreover, the growing occurrence of power disruptions caused by aging electrical grids, unstable electricity supply, and frequent lightning storms will accelerate the product adoption.
 

Line Cord Commercial Surge Protection Devices Market Trends

The industry is shifting toward integrated solutions that combine surge protection with advanced power management capabilities, providing enhanced protection and real-time monitoring which in turn will elevate the business outlook. These devices, when incorporated into energy management systems offer a holistic approach to optimizing energy efficiency and maintaining power quality which will further amplify the business opportunities. Furthermore, the rising use of these devices in educational institutions in conjunction with their growing deployment in small and medium-scale establishments, particularly for HVAC systems will fuel the demand for commercial surge protection devices.
 

Line Cord Commercial Surge Protection Devices Market Analysis

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

The Type 1 segment will exceed USD 220 million by 2034. The increasing demand for integrated protection devices coupled with enhanced voltage clamping and faster response times will propel industry expansion. The expanding adoption of smart buildings and IoT-enabled automation in line with strict safety regulations will drive the business growth. Additionally, ongoing investments in advanced electrical systems and a strong focus on improved monitoring and diagnostic capabilities will escalate the adoption of these units.
 

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

The > 150 kA power rated line cord commercial surge protection devices market size will witness a growth at a CAGR of over 6% through 2034. The increasing incorporation of advanced technological systems with higher surge current ratings to safeguard valuable assets from electrical disturbances will proliferate the business dynamics. Growing demand for these systems in critical sectors including data centers and healthcare along with the rising frequency of extreme weather events including thunderstorms & lightning strikes will fuel the industry potential.
 

U.S. Line Cord Commercial Surge Protection Devices Market Size, 2022 – 2034 (USD Million)

U.S. line cord commercial surge protection devices market is set to reach over USD 60 million by 2034. The country is witnessing consistent growth fueled by the rising need to safeguard critical infrastructure and sensitive electronics from electrical surges. The modernization of grid networks combined with the expanding use of sensitive electronic equipment including servers, medical devices, and automated systems in commercial spaces will amplify the business scenario.
 

The Asia Pacific region is set for substantial growth driven by rapid urbanization and a surge in commercial construction projects. Increasing awareness of electrical safety and adherence to global standards in association with the rapid growth of the IT & telecom sectors will bolster the business outlook. Governments in major emerging economies are implementing regulatory frameworks and safety guidelines further promoting the adoption of surge protection solutions in commercial facilities which in turn will strengthen the industry trajectory.
 

Line Cord Commercial Surge Protection Devices Market Share

Line Cord Commercial Surge Protection Devices Market Share Analysis, 2024

The line cord commercial surge protection devices industry is highly competitive with global and regional players striving to meet the increasing demand for advanced surge protection solutions. Leading companies emphasize innovation, developing devices with greater durability, higher energy dissipation capabilities, and improved compatibility with modern electrical systems. Compliance with strict safety standards plays a key role, prompting businesses to stand out through certifications and quality assurance. Factors including price sensitivity, robust distribution networks, and reliable after-sales services are pivotal in shaping competition within the market.
 

Line Cord Commercial Surge Protection Devices Market Companies

Major players operating in the line cord 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
     

Line Cord Commercial Surge Protection Devices Industry News

  • In May 2024, Phoenix Contact expanded its North American footprint by launching Phoenix Contact Production S.A. de C.V. in Mexico. This state-of-the-art 20,000 m² facility, with an investment of approximately USD 55 million is expected to begin operations by late 2025. The facility will strengthen the company's manufacturing capabilities and is projected to create around 700 jobs by 2032, boosting regional economic growth and reinforcing Phoenix Contact’s leadership in innovative production solutions.
     
  • In February 2024, ABB strategically acquired SEAM Group to broaden its Electrification portfolio. This acquisition enhances ABB’s expertise in renewables, electrical safety, and asset management advisory services, aligning with the increasing demand for asset optimization and modernization. It enables ABB to provide advanced solutions focused on safety, intelligence, and sustainability in operations, further solidifying its leadership in delivering innovative and comprehensive electrification solutions.
     

The line cord 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
    • Austria
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • New Zealand
    • Malaysia
    • Indonesia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • Egypt
    • South Africa
    • Nigeria
    • Kuwait
    • Oman
  • Latin America
    • Brazil
    • Peru
    • Argentina

 

Authors: Ankit Gupta , Saurabh Singh
Frequently Asked Question(FAQ) :
Who are the major players in the line cord commercial surge protection devices market?
The key players in the market include ABB, Belkin, Eaton, Emerson Electric, Hubbell, Intermatic, JMV, Legrand, Littelfuse, LS Electric, Mersen, Raycap, Phoenix Contact, Schneider Electric, Siemens, and Socomec.
What is the size of the U.S. line cord commercial surge protection devices industry?
Why is the demand for >150 kA power-rated surge protection devices increasing?
How big is the line cord commercial surge protection devices market?
Line Cord Commercial Surge Protection Devices Market Scope
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    Base Year: 2024

    Companies covered: 16

    Tables & Figures: 40

    Countries covered: 30

    Pages: 105

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