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 increasing need for critical electrical systems from unexpected failures due to equipment malfunction, possible financial losses, or even data losses caused by surges in electric or power supplements will create favorable industry dynamics. Moreover, the increasing adoption across IT sector, building and construction smart technologies, alongside data centers will advance the prospects for surge protection devices.
 

Power control surge protection devices used in commercial buildings to avoid severe damage and protect sensitive equipment or electrical systems. These devices are necessary to prevent transient voltage spikes from occurring. With the growing desire in the world regarding energy efficiency and developing solutions that consume minimal power, the demand to have surge protection devices is guaranteed to increase. Moreover, burgeoning fluctuations of power outages driven by uninterrupted power supply and increasing storm frequencies will augment the adoption of these units.
 

Power Control Commercial Surge Protection Devices Market Trends

The trend has been toward integrated solutions that include surge protection and sophisticated power management functions. The power management functions will improve protection and real-time monitoring, which will then drive the adoption of the product. When these devices are incorporated with energy-efficient management systems, they will provide a holistic approach toward driving the power business, which will enhance the overall business growth and facilitate optimization of energy usage. In addition, the increasing adoption of these devices in educational institutions and the growing demand for air conditioning systems in SMEs, particularly in the HVAC sector will energize the deployment of 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 will exceed USD 140 million by 2034. There is a growing demand for integrated protection devices with advanced voltage clamping, ESR, and response time features. In addition, smart buildings, IoT-based automation, and advanced control systems, along with international safety codes, are bound to enhance business growth. Rapid growth in such systems due to increased investments in advanced electrical systems and increased attention to efficient monitoring and diagnostic capabilities will boost the power control commercial surge protection devices market outlook.
 

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

The market size of the > 150 kA power-rated power control commercial surge protection devices is expected to expand at a CAGR of 5% through 2034. This growth will be aided by the increased use of cutting-edge technology and systems with high surge ratings to mitigate the risk of electrical spikes to vital resources. The growth for these solutions is expected to grow in the healthcare and data center industries as thunderstorms and lightning strikes become more common, which combined will expand the demand for these devices.
 

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

The U.S. power control commercial surge protection devices market is projected to exceed USD 35 million by 2034. The country is improving with a slow but steady pace, creating an increase in the need to safeguard sensitive electronic devices and vital infrastructure from electrical surges. Such developments in the grid network have made businesses purchase more advanced electronic devices comprising of medical devices, servers, and automated systems, which will accelerate the business prospects.
 

The Asia Pacific region is expected to grow at a high pace propelled by increasing urbanization and rapid growth in the construction sector. Additionally, there is an increasing concern regarding electrical safety coupled with the need to meet international standards as well as the rapid growth of the IT and telecom industries, which will support the market potential. Also, major emerging markets are implementing more strict regulatory standards and safety requirements, which have led to a greater use of surge protection measures in commercial buildings, which will provide business opportunities.
 

Power Control Commercial Surge Protection Devices Market Share

The competition in the market is described by the high level of competition both from existing companies and new entrants willing to innovate and take a part of the market. Major manufacturers are concentrating on producing innovative, economical, and safer products that are highly durable, energy-efficient, and robust to cater to the broad range of business requirements. Moreover, there has been an increase in the R&D spending of the region, making the incorporation of IoT sensors, smart diagnostics and predictive maintenance functions which will be advantageous to the end user.
 

Power Control Commercial Surge Protection Devices Market Companies

Major 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

  • Phoenix Contact has expanded its business in North America by the inauguration of its new plant in Mexico Phoenix Contact Mexico plant. This was reported in May 2024 by Phoenix contact, who stated they are now operating out of a new factory covering an area of 20,000 sqm which is located in Mexico. For this factory, they are planning to invest 55 million USD. This establishment is expected to start operating by the end of 2025. This new unit aims at increasing the manufacturing capacity of the company and is expected to create close to 700 jobs by 2032. The establishment of a new unit enhances regional economic development. This development reflects on their vision statement as it serves as an anchor to Phoenix Contact’s innovative drive and decisively reinforces their strong foothold in the domain of modern production solutions.
     
  • In February 20224, it was reported that ABB had completed the goal intended, which was the acquisition of SEAM Group. the purpose of this acquisition is to expand the portfolio of the Electrification segment. This plan in conjunction with Asset management and Safety Strategy which ABB is also integrating into the portfolio shows its aim to be modern and optimize resources for All. They also report a shift in paradigm where integrating the technology of SEAM Group with a transformational view and emergent goals for safety. Making it through this position of ABB as a provider of unique electrification solutions.
     

The 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) :
Who are the major players in the power control commercial surge protection devices market?
Key players in the industry include ABB, Belkin, Eaton, Emerson Electric, Hubbell, Intermatic, JMV, Legrand, Littelfuse, LS Electric, Mersen, Raycap, Phoenix Contact, Schneider Electric, Siemens, and Socomec.
What trends are influencing the U.S. power control commercial surge protection devices industry?
Why is the demand for Type 1 surge protection devices increasing?
How big is 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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