Product Code: ETC4525562 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The United States Surge Protection Devices Market is experiencing growth driven by increasing awareness of the importance of protecting electrical equipment from power surges. The market is characterized by a wide range of products including plug-in surge protectors, power strips, surge protector outlets, and whole-house surge protection systems. Rising demand for electronic devices and appliances, coupled with the expansion of smart home technologies, is fueling the market growth. Key players in the market include Schneider Electric, Eaton Corporation, Siemens AG, Leviton Manufacturing Co., Inc., and Belkin International, among others. The market is also influenced by stringent regulations mandating the use of surge protection devices in commercial and residential buildings to prevent damage from transient voltage spikes. Overall, the US surge protection devices market is expected to continue its growth trajectory in the coming years.
The surge protection devices market in the United States is experiencing significant growth due to the increasing adoption of electronic devices and the growing awareness about the importance of protecting them from power surges. With the rise in smart home technology, the demand for surge protection devices to safeguard sensitive equipment continues to increase. Manufacturers are focusing on developing advanced surge protection solutions with features like remote monitoring and automation capabilities to cater to the evolving needs of consumers. Additionally, the expansion of industries such as IT, telecommunications, and healthcare is creating new opportunities for market growth. Partnerships and strategic alliances between key players are also driving innovation and market expansion. Overall, the US surge protection devices market presents lucrative prospects for companies to capitalize on the growing demand for reliable and efficient surge protection solutions.
In the US Surge Protection Devices Market, one major challenge is the lack of awareness among consumers about the importance of surge protection. Many households and businesses are not fully informed about the risks posed by power surges and the potential damage they can cause to electronic devices and equipment. This results in low demand for surge protection devices, hindering market growth. Additionally, the presence of counterfeit or substandard surge protection products in the market poses a challenge as they can undermine the effectiveness of genuine surge protection devices and erode consumer trust. As technology continues to advance and the reliance on electronic devices grows, educating consumers about the necessity of surge protection and combating counterfeit products are crucial challenges that need to be addressed in the US market.
The United States Surge Protection Devices Market is primarily driven by factors such as increasing demand for electronic devices and appliances, growing awareness regarding the importance of surge protection in preventing damage from power surges, and the need for reliable power quality across various industries. With the rising number of electronic devices in both residential and commercial sectors, there is a greater emphasis on safeguarding these assets from voltage fluctuations. Additionally, the expansion of smart grids, increasing investments in infrastructure development, and stringent regulations aimed at ensuring electrical safety further contribute to the growth of the surge protection devices market in the US. Overall, the market is expected to witness sustained growth due to the continuous advancements in technology and the increasing focus on protecting valuable equipment from electrical disturbances.
The government policies related to the US Surge Protection Devices Market primarily focus on ensuring consumer safety and promoting technological innovation. The National Electrical Code (NEC) sets standards for the installation of surge protection devices in residential and commercial buildings to mitigate the risk of electrical fires and equipment damage. The US Department of Energy (DOE) also provides guidelines for energy-efficient surge protection devices to reduce electricity consumption and promote sustainability. Additionally, the Federal Communications Commission (FCC) regulates the electromagnetic compatibility of surge protection devices to prevent interference with telecommunications and broadcasting services. Overall, these government policies aim to safeguard consumers, encourage the adoption of advanced technologies, and maintain the integrity of electrical and electronic systems in the US market.
The future outlook for the United States Surge Protection Devices (SPD) Market appears promising, driven by increasing awareness about the importance of protecting electronic devices from power surges. Factors such as the growing demand for sensitive electronic equipment in residential, commercial, and industrial sectors, coupled with the rising instances of power fluctuations and lightning strikes, are expected to fuel the market growth. Additionally, the integration of smart technologies and IoT devices in various applications is likely to create opportunities for SPD market expansion. With advancements in technology leading to the development of more efficient and reliable surge protection solutions, the US SPD market is anticipated to witness steady growth in the coming years, offering a favorable landscape for both existing and new market players to capitalize on.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Surge Protection Devices Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Surge Protection Devices Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Surge Protection Devices Market - Industry Life Cycle |
3.4 United States (US) Surge Protection Devices Market - Porter's Five Forces |
3.5 United States (US) Surge Protection Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Surge Protection Devices Market Revenues & Volume Share, By Discharge Current, 2021 & 2031F |
3.7 United States (US) Surge Protection Devices Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 United States (US) Surge Protection Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in demand for electronic devices and appliances |
4.2.2 Growing awareness about the importance of surge protection |
4.2.3 Rise in occurrences of power surges due to weather-related events |
4.3 Market Restraints |
4.3.1 High initial investment for surge protection devices |
4.3.2 Lack of standardization in surge protection device technologies |
4.3.3 Limited adoption in certain regions due to low awareness |
5 United States (US) Surge Protection Devices Market Trends |
6 United States (US) Surge Protection Devices Market, By Types |
6.1 United States (US) Surge Protection Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Surge Protection Devices Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 United States (US) Surge Protection Devices Market Revenues & Volume, By Hard-Wired, 2021 - 2031F |
6.1.4 United States (US) Surge Protection Devices Market Revenues & Volume, By Plug-In, 2021 - 2031F |
6.1.5 United States (US) Surge Protection Devices Market Revenues & Volume, By Line Cord, 2021 - 2031F |
6.2 United States (US) Surge Protection Devices Market, By Discharge Current |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Surge Protection Devices Market Revenues & Volume, By Below 10 kA, 2021 - 2031F |
6.2.3 United States (US) Surge Protection Devices Market Revenues & Volume, By 10 kA??25 kA, 2021 - 2031F |
6.2.4 United States (US) Surge Protection Devices Market Revenues & Volume, By above 25 kA, 2021 - 2031F |
6.3 United States (US) Surge Protection Devices Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Surge Protection Devices Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.3 United States (US) Surge Protection Devices Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 United States (US) Surge Protection Devices Market Revenues & Volume, By Residential, 2021 - 2031F |
7 United States (US) Surge Protection Devices Market Import-Export Trade Statistics |
7.1 United States (US) Surge Protection Devices Market Export to Major Countries |
7.2 United States (US) Surge Protection Devices Market Imports from Major Countries |
8 United States (US) Surge Protection Devices Market Key Performance Indicators |
8.1 Number of power surges reported in the US |
8.2 Percentage of households equipped with surge protection devices |
8.3 Growth in number of electronic devices and appliances sold in the US |
8.4 Adoption rate of surge protection devices by commercial buildings |
8.5 Number of insurance claims related to power surge damages |
9 United States (US) Surge Protection Devices Market - Opportunity Assessment |
9.1 United States (US) Surge Protection Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Surge Protection Devices Market Opportunity Assessment, By Discharge Current, 2021 & 2031F |
9.3 United States (US) Surge Protection Devices Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 United States (US) Surge Protection Devices Market - Competitive Landscape |
10.1 United States (US) Surge Protection Devices Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Surge Protection Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |