Residential Surge Arrester Market Size - By Voltage, By Material, Analysis, Share, & Forecast, 2025 - 2034

Residential Surge Arrester Market Size

The global residential surge arrester market was at USD 145.8 million in 2024 and is expected to reach USD 232.5 million in 2034, growing at a CAGR 4.6% from 2025 to 2034, attributed to the heightened requirements for electrical protection that accompany urbanization and modernization to the grid.
 

Rising trend towards selecting smaller and more energy-efficient surge arresters without compromising on safety measures will drive the market growth. In addition, the presence of stringent safety regulations serves to stimulate the construction of new power equipment and ensure its compactness and efficiency. For example, the National Electrical Code (NEC) 2023 Section 230.67 mandated a Type 1 or Type 2 surge protection device for all dwelling unit-supplying services.

In addition, the incremental trend of using smart surge protectors that are provided with live monitoring abilities is among the primary new market trends. Nonetheless, the real threat to market growth comes from the price sensitivity of upcoming regions alongside competition from other protection appliances.
 

Northern America and Europe hold the largest market share owing to the existing safety standards and advanced consumer education. The Asia Pacific region presents significant opportunities for expansion due to the ongoing residential building and infrastructure development. In 2024, State Grid Corp. of China maintained a budget of USD 70 billion in annual spending after last year’s unprecedented figures in the clean energy economy expansion race.
 

Residential Surge Arrester Market Trends

• The market for residential surge arresters is currently noticing the increased uptake of intelligent surge protectors that are IoT integrated, thus allowing for proactive monitoring and remote control. In 2023, the Office of Building Technologies within the US Department of Energy announced a funding opportunity of USD 10 million intended for advanced building technologies, as part of which building surge protective devices are included.
   
• There has been a noticeable change towards choosing smaller and more energy-efficient surge arresters while still complying with safety measures. Developing regions, alongside surge in urbanization, are placing more of a strain for new residential construction to have surge protective devices in place. In May 2024, the US undertook major infrastructure megaprojects, including the Improvement Program for Northeast rail, California High Speed Rail, Texas Central Railway, Second Avenue Subway Expansion in NYC, and the Brent Spence Bridge Corridor Project, which complements the product deployment.
   
• Moreover, manufacturers are coming up with surge arresters of multi-functional use with greater capacity for energy absorption and enhanced toughness. There appears to be an emerging trend towards environmentally friendly components and recyclable materials in the market as well.
   
• Market expansion in North America, Europe, and Asia Pacific regions is being driven by increased consumer sensitivity toward voltage fluctuations and potential damage to equipment. The State Grid Corporation of China has made an additional investment announcement in the terms of USD 350 billion for the years 2021-2025, which will be used for infrastructure enhancements such as residential surge protection systems.
   

Residential Surge Arrester Market Analysis

• The residential surge arrester industry across voltage segment is categorized into 120 V, 120 V to 240 V and > 240 V. The market size was valued at USD 127.9 million, USD 136.9 million and USD 145.8 million in 2022, 2023 and 2024 respectively. The 120 V voltage segment is expected to reach more than USD 130 million 2034.
   
• The 120V segment serves households in North America that operate on lower voltage systems which increases the demand for surge protectors that are compact and economical. In 2022, the “Building a Better Grid” Initiative has been launched by the US Department of Energy (DoE) to speed up the modernization of the country’s energy transmission and distribution systems infrastructure, which creates a growth scenario for surge arrester industry.
   
• The 120V-240V segment is growing in Europe and specific regions of Asia due to the need for dual voltage systems that use surge arresters with broader protection limits. The >240V category is expanding in areas of high-power residential connections including wealthier homes and high-power usage sectors requiring better energy absorption performance of energy surge protection devices.
   
• Product development and consumer preferences across all segments are influenced by technological improvements, smart connectivity features, and adherence to regulatory standards. The International Electrotechnical Commission (IEC) published updated surge protection standards in 2023, emphasizing smart monitoring capabilities for residential applications.
   

• The material segment in the residential surge arrester market includes polymer and porcelain. The polymer segment is projected to experience a robust growth rate of over 4.5% through 2034. The surge arresters’ lightweight structure, insulation, and moisture and UV resistance is driving growth in the market.
   
• The polymer-based surge arresters segment held around 51% market share in 2024 due to their superior strength, flexibility, and easy installation. Their durability and efficiency make them ideal for modern housing, providing enhanced electrical protection. These advantages drive their widespread adoption across residential and commercial infrastructure projects, ensuring reliable performance and safety.
   
• Companies across the globe are augmenting their product production capacity to cater to the growing need for surge protection devices. By April 2022, Toshiba ESS increased the production capacity of polymer-housed surge arresters almost threefold. These arresters serve to guard against lightning overvoltage for power plants, substations, and transmission lines while facilitating circuit breaker activities at Hamakawasaki Operations in Japan.
   
• The porcelain segment maintains its presence due to high mechanical strength and thermal stability, particularly in regions with extreme weather conditions. The European Commission's Energy Performance of Buildings Directive (EPBD) 2023 update contains surge protection guidelines, with a focus on both polymer and porcelain-based solutions.
   
• Polymer materials are still replacing porcelain installations due to lower maintenance needs and cost savings. Polymer-based solutions are being developed by manufacturers to address residential protection and regulatory needs for compact and weather-resistant devices. In an effort to increase standards for electric safety, the BTO of the US Department of Energy stated any new residential buildings after 2023 must include surge protection devices.
   

• The U.S. residential surge arrester market is estimated at USD 21.7 million, USD 23.3 million and USD 24.9 million in 2022, 2023 and 2024 respectively. The market is further projected to exceed USD 40 million by 2034. Market drivers include growing home automation, escalating power grid fluctuations, and enhancing awareness of electrical protection among consumers.
   
• Investment into renewable energy technologies has grown significantly in the U.S. over the last decades. In 2023, investments reached 92.9 billion U.S. dollars, in comparison to 29.1 billion U.S. dollars in 2013. The market growth is driven by safety regulations, high lightning occurrence in specific regions, and the rising installation of residential renewable energy systems.
   
• The growth of the European residential surge arrester market propelled by stringent electrical safety standards, the uptake of smart home technologies, and grid modernization investments, which in turn will drive the market at a CAGR of over 5% till 2034. Germany leads the market by its well-developed electrical infrastructure, thorough regulatory structure, and high level of residential consumer awareness of power surge protection.
   
• The Asia Pacific residential surge arrester market holds a share of over 35% in 2024 and is anticipated to grow further owing to the ongoing urbanization, residential construction activities, and rising electricity consumption. China dominates the region with massive residential infrastructure development, expansion of smart grid networks, and rising demand for surge protection solutions because of voltage fluctuations and weather conditions.
   
• China Electricity Grid made an unprecedented investment of over USD 800 billion in the next 6 years in July 2024 to address pressures on the energy system due to the fast transition towards renewable energy sources.
   
• The Middle East & African market development is supported by residential infrastructure investments, electrical safety concerns, and challenging weather conditions that cause lightning strikes and power fluctuations. The UAE holds regional leadership with high levels of electrification of residential buildings, the establishment of smart city programs, and the use of surge protection technologies. In December 2024, Abu Dhabi approved infrastructure development for 144 projects worth USD 17.97 billion.
   

Residential Surge Arrester Market Share

The leading 6 players in the residential surge arrester industry are Schneider Electric, Siemens, Eaton, General Electric, ABB, and Littelfuse. All these players are well-equipped with robust R&D investments, massive distribution networks, and adherence to international safety standards leading to achieving the market share of over 40% in 2024. Their advanced surge protection technologies and focus on smart home integration further strengthen their market positions.
 

Schneider Electric is the leader in the residential surge arrester market due to its global presence, product range, and surge protection technologies. Schneider Electric’s established distribution ports, brand equity as well as compliance with safety standards sustains its competitive advantage.
 

Moreover, development by the company of smart surge protection solutions and green products solidifies its leadership position in the market. Schneider Electric introduced in February 2024 the Acti9 Active modular circuit protection range in the UK, where it increases electrical safety through real-time monitoring and predictive maintenance. The system minimizes failures, cuts downtime, and optimizes energy efficiency. The innovation caters to smart buildings by coupling advanced digital technologies for better circuit protection and dependability.
 

Residential Surge Arrester Market Companies

• Siemens offers home surge arresters which are up to international safety levels. The automation feature is one of Siemens' surge protection solutions. Siemens' already established heritage in electrical products and continuous new product development consolidate its market leadership. Siemens included the SICAM FSI, an intelligent surge protection solution with fault-detection feature in household application in 2023.
   
• Eaton enjoys strong market presence in the residential surge protection products. It provides IoT-compliant surge arresters and energy-efficient products. Its broad network of distribution and focus on electrical safety standards underlie its performance in the market. Eaton's surge protection devices comply with the 2023 NEC standard for higher electrical safety in residential application.
   
• GE manufactures smart home surge arresters, combining new technologies with electrical distribution capabilities and product longevity expertise. Its longstanding presence in the market, combined with its product innovation efforts, sustains constant market need for its surge protectors. In July 2021 GE Grid Solutions business claimed that it had recently won several contracts to deliver 765 kV reactors and transformers in India.
   
• ABB provides residential surge protection products with digital integration features. The products of the company meet energy efficiency standards and safety requirements. Its emphasis on technological innovation and adherence to industry standards helps it compete in the market. ABB recently launched its upgraded OVR residential surge protection series in December 2022.
   
• Littelfuse produces compact surge protection devices for residential applications. The company's products feature rapid response mechanisms and extend operational life. Its research and development investments and emphasis on product reliability contribute to its market presence. Recently, Littelfuse expanded its SIDACtor Protection Thyristor portfolio for residential surge protection.
   

Major players operating in the residential surge arrester market are:

• ABB
• CHINT Group
• DEHN SE
• DITEK
• Eaton
• Elpro
• Ensto
• General Electric
• Hager Group
• Littelfuse
• Raycap
• Schneider Electric
• Siemens
• Surgetek
• TDK Electronics AG
   

Residential Surge Arrester Industry News

• In October 2024, DEHN revealed its EZ50-S Guard series which is a Type 1 NEMA 4X surge suppressor; the product exceeds expectations in provision of surge suppression and servicing within maintenance windows. It is suitable for use in residential buildings, industry, commerce and even data centers, energy and EV charging operations and is remarkably reliable, minimizing system failures and enhancing system uptime. The solution offers efficient protection against alternating current (AC) power to critical systems and their functions while also being very economical.
   
• In October 2022, at InnoTrans 2024, Hitachi Energy introduced Transformers with Integrated Surge Arresters to enhance voltage reliability and protect against overvoltage. These systems protect windings by minimizing the resistance to surging currents which is referred to as improving the power factor. Such systems are compatible with both dry-type and oil-filled transformers. Moreover, they suit the needs of India and European metro systems that operate in severe conditions.
   
• Toshiba Energy Systems & Solutions Corporation introduced new 550kV and 765kV surge arresters in September 2021. The high-voltage arresters improve power grid reliability by safeguarding equipment against overvoltage and lightning surges. With the use of advanced zinc-oxide elements, they provide better performance and longevity. The 765kV model is Toshiba's surge arrester with the highest rating, enabling the expansion of energy infrastructure and the stability of power grids while managing the increasing requirements for power transmission.
   
• In November 2020, Hitachi Energy opened a new surge arrester factory in China. This facility improves the production capacity for surge arresters, which are reliable surge protective devices for transmission and distribution networks, in order to meet the increasing global demand. With modern manufacturing technology, It manufactures high-quality surge arresters for power transmission and distribution networks. The investment will expand Hitachi ABB’s footprint in China and helps develop the region’s energy infrastructure with new, proven, high-quality technology.
   

This residential surge arrester market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million & “000 Units” from 2021 to 2034, for the following segments:

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Market, By Voltage

• 120 V
• 120V to 240 V
• >240 V

Market, By Material

• Polymer
• Porcelain

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

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