Surge Protection Devices Market to Be Expected to Expand at a Steady CAGR Through 2030
The global surge protection device market is estimated to be valued at USD 2.98 billion in 2025 and is projected to reach USD 3.95 billion by 2030, growing at a CAGR of 5.8 % for the forecast period of (2025–2030). The growth is driven by increasing reliance on sensitive electronic equipment, expansion of power infrastructure, and the rise of smart grid and IoT applications across industries. Rapid...
Surge Protection Devices Market to Soar to $3.95 billion by 2030 | With a 5.8% CAGR
According to a research report “Surge Protection Devices Market by Product (Hard-wired, Plug-in, Line Cord, Power Control Devices), by Technology (Type 1, Type 2, Type 3), by Nominal Discharge Current (Below 10kA, 10–25kA, Above 25kA), End-User, and Region – Global Forecast to 2030″, the global surge protection devices market is estimated to be valued at USD 2.98 billion in 2025...
New Report: Challenges and Opportunities in the Surge Protection Devices Market
According to new report, The global surge protection devices market is estimated to be valued at USD 2.98 billion in 2025 and is projected to reach USD 3.95 billion by 2030, growing at a CAGR of 5.8% during the forecast period.
The surge protection devices market is expected to grow significantly due to the rising adoption of sensitive electronic equipment and the increasing occurrence of power...
Adoption of High Technological Equipment to Dominate Surge Protection Devices Market
Global Surge Protection Devices Market Overview:
The surge protection devices market is expected to grow from an estimated USD 2.06 Billion in 2017 to USD 2.68 Billion by 2022, registering a CAGR of 5.47%, from 2017 to 2022.
The global surge protection devices market is set to witness significant growth due to growing demand for protection systems for electronic devices, power quality issues,...