Middle East & Africa Surge Protection Devices Market Size & Outlook

The surge protection devices market in Middle East & Africa is expected to reach a projected revenue of US$ 421.3 million by 2030. A compound annual growth rate of 5.8% is expected of Middle East & Africa surge protection devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$284.5
Forecast, 2030 (US$M)
$421.3
CAGR, 2024 - 2030
5.8%
Report Coverage
Middle East & Africa

MEA surge protection devices market highlights

  • The MEA surge protection devices market generated a revenue of USD 284.5 million in 2023.
  • The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
  • In terms of segment, hard-wired was the largest revenue generating product in 2023.
  • Plug-in is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.


MEA data book summary

Market revenue in 2023USD 284.5 million
Market revenue in 2030USD 421.3 million
Growth rate5.8% (CAGR from 2023 to 2030)
Largest segmentHard-wired
Fastest growing segmentPlug-in
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHard-wired, Plug-in, Line Cord, Power Control Devices
Key market players worldwideABB Ltd, GE Aerospace, Schneider Electric SE, Eaton Corp PLC, Legrand SA, Emerson Electric Co, Siemens AG, Littelfuse Inc


Other key industry trends

  • In terms of revenue, MEA region accounted for 9.3% of the global surge protection devices market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,271.4 million by 2030.

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Surge Protection Devices Market Scope

Surge protection devices market segmentation & scope
Hard-wired
Plug-in
Line Cord
Power Control Devices
Type 1
Type 2
Type 3
Type 4
0-50 kA
50.1-100 kA
100.1-200 kA
200.1 kA and Above
Commercial Complexes
Data Center
Industries & Manufacturing Units
Medical
Residential Buildings & Spaces
Telecommunication
Transportation
Others

Surge Protection Devices Market Companies

Name Profile # Employees HQ Website

Middle East & Africa surge protection devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surge protection devices market will help companies and investors design strategic landscapes.


Hard-wired was the largest segment with a revenue share of 44.64% in 2023. Horizon Databook has segmented the Middle East & Africa surge protection devices market based on hard-wired, plug-in, line cord, power control devices covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of Middle East & Africa surge protection devices market databook

  • Our clientele includes a mix of surge protection devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa surge protection devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa surge protection devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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MEA surge protection devices market size, by country, 2017-2030 (US$M)

Middle East & Africa Surge Protection Devices Market Outlook Share, 2023 & 2030 (US$M)

MEA surge protection devices market size, by country, 2017-2030 (US$M)

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