U.S. Surge Protection Devices Market Size & Outlook
U.S. surge protection devices market, 2017-2030 (US$M)
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U.S. surge protection devices market highlights
- The U.S. surge protection devices market generated a revenue of USD 744.5 million in 2023 and is expected to reach USD 1,167.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.6% 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.
Surge protection devices market data book summary
| Market revenue in 2023 | USD 744.5 million |
| Market revenue in 2030 | USD 1,167.8 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Hard-wired |
| Fastest growing segment | Plug-in |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hard-wired, Plug-in, Line Cord, Power Control Devices |
| Key market players worldwide | ABB 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, U.S. accounted for 24.2% of the global surge protection devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. surge protection devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,167.8 million by 2030.
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Surge Protection Devices Market Scope
Surge Protection Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 43.72% in 2023. Horizon Databook has segmented the U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. surge protection devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. surge protection devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. surge protection devices market size, by product, 2017-2030 (US$M)
U.S. Surge Protection Devices Market Outlook Share, 2023 & 2030 (US$M)
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