United States Surge Protector Market is Expected to grow at a robust CAGR of 6.65% through 2029
The
increasing United States surge protector market is driven by rising demand for
smart surge protectors, increasing awareness of power surge risks during the
forecast period 2025-2029.
According
to TechSci Research report, “United
States Surge Protector Market – By Region, Competition, Forecast &
Opportunities, 2019-2029F, The United States Surge Protector Market was
valued at USD 964.76 Million in 2023 and is expected to reach USD 1,432.44
Million in 2029 with a CAGR of 6.65% during the forecast period. Technological
advancements in surge protection devices are another major driver of the U.S.
market. Surge protectors are evolving to offer more advanced and efficient
solutions to meet the growing demands of modern consumers and industries.
Today's surge protectors are equipped with features such as real-time
monitoring, automatic shutdown capabilities, and enhanced energy efficiency,
making them more reliable and effective. Additionally, many modern surge
protectors are designed to be compatible with smart home systems and can be
controlled remotely, allowing users to monitor and manage their devices from
anywhere. As the technology behind surge protection continues to advance, more
consumers and businesses are drawn to these innovative solutions, recognizing
their ability to offer superior protection against electrical disturbances.
Furthermore, as electronic devices become more complex and sensitive to power
fluctuations, the demand for cutting-edge surge protectors that can offer
higher levels of protection will continue to grow, fueling the market’s
expansion.
key
trend in the U.S. Surge Protector Market is the rising adoption of whole-home
surge protection systems. Unlike traditional surge protectors, which typically
safeguard individual devices, whole-home systems protect all the electrical
devices in a home from power surges at the main electrical panel. This
comprehensive approach to surge protection is becoming increasingly popular as
consumers seek more robust and long-lasting solutions to protect their
investments. Whole-home surge protection systems are particularly appealing to
homeowners with a significant number of electronic devices, such as computers,
home entertainment systems, and smart appliances. With the growing adoption of
smart home technologies, the risk of power surges affecting multiple devices
simultaneously has increased. Whole-home systems offer peace of mind by
providing a higher level of protection for all connected devices, reducing the
likelihood of costly damage and repairs.
Moreover,
the long-term cost savings associated with whole-home surge protection are
driving its adoption. While these systems may require a higher upfront
investment, they offer more comprehensive and durable protection compared to
individual surge protectors. As a result, homeowners are increasingly
recognizing the value of whole-home surge protection in safeguarding their
devices and electrical systems.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on the "
United States SurgeProtector Market"
Based
on component, Suppressor dominated in the United States Surge Protector Market
in 2023. driven by its crucial role in protecting electrical systems from
voltage spikes and transient surges. Suppressors are designed to absorb or
redirect excess voltage, thus safeguarding sensitive electronics and appliances
from potential damage. As consumer reliance on electronic devices continues to
grow, the demand for reliable surge protection solutions has significantly
increased. One key factor contributing to the dominance of suppressors is their
effectiveness in various applications. They are widely used in residential
settings to protect home electronics such as computers, televisions, and home
theaters. In commercial and industrial sectors, suppressors are essential for
protecting critical equipment like servers, manufacturing machinery, and
telecommunications systems. Their versatility in applications across different
sectors enhances their market appeal. The rise of smart home technologies and
IoT devices has further driven the need for suppressors. As households
increasingly adopt smart devices that require stable power supply, the risk of
power surges also increases. This situation necessitates robust surge
protection solutions like suppressors to ensure the reliability and longevity
of these devices.
Additionally,
regulatory standards and consumer awareness regarding electrical safety are
becoming more stringent. Manufacturers and consumers are recognizing the
importance of surge protection in preventing electrical fires and equipment
damage, leading to a greater focus on devices that incorporate high-quality
suppressors. This trend is further supported by product innovations, such as
the development of advanced suppressor technologies that offer enhanced
performance and energy efficiency. The ongoing investment in infrastructure and
the expansion of renewable energy sources in the U.S. are also impacting the
surge protection landscape. As new energy systems and electrical grids are
deployed, the necessity for effective surge protection, primarily through
suppressors, becomes increasingly critical. Together, these factors underscore
why the suppressor component dominated the United States Surge Protector market
in 2023.
Based
on region, Southwest is the fastest growing region in the United States Surge
Protector Market during the forecast period. driven by several key factors. One
of the primary catalysts for this growth is the rapid expansion of
infrastructure and commercial development in states such as Texas, Arizona, and
New Mexico. This region has seen a significant influx of new businesses and
residential projects, necessitating robust electrical systems and effective
surge protection solutions to ensure reliability and safety. Moreover, the
Southwest is experiencing a surge in technological advancements and the
adoption of smart technologies. With the increasing integration of smart home
devices and IoT applications, there is a growing need for sophisticated surge
protection systems to safeguard sensitive electronics. As households and
businesses become more reliant on technology, the demand for high-quality surge
protectors, particularly those equipped with advanced suppressors, is expected
to rise sharply. The region's climate also plays a role in its surge protector
market growth. The Southwest frequently experiences severe weather events, such
as thunderstorms and monsoons, which can lead to power surges. As a result,
both residential and commercial property owners are becoming more aware of the
importance of surge protection as a preventive measure against potential damage
caused by these weather-related incidents.
Additionally,
government initiatives and incentives promoting renewable energy, particularly
solar power, are prevalent in the Southwest. As solar installations increase,
the need for surge protection devices becomes critical to protect the solar
equipment and connected appliances from voltage spikes. Increased consumer
awareness regarding electrical safety and the potential risks associated with
power surges is prompting a shift toward more robust surge protection
solutions. As residents and businesses prioritize electrical safety, the
Southwest region is likely to see a significant uptick in demand for surge
protectors, solidifying its position as the fastest-growing market in the
United States during the forecast period.
Key
market players in the United States Surge Protector market are: -
- Schneider
Electric SE
- Eaton
Corporation plc
- ABB
Ltd
- Siemens
AG
- Emerson
Electric Company
- DEHN
SE
- Mersen
Corporate Services SAS
- Phoenix
Group
- NETGEAR,
Inc.
- Leviton
Manufacturing Co., Inc.
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“The
United States Surge Protector market presents several opportunities for growth,
driven by increasing consumer awareness of electrical safety and the
proliferation of electronic devices. The rise in smart home technologies and
IoT applications enhances the demand for advanced surge protection solutions.
Additionally, ongoing infrastructure development and the expansion of renewable
energy sources create a need for reliable surge protection in both residential
and commercial sectors. Regulatory standards promoting electrical safety
further bolster market opportunities. Companies can capitalize on these trends
by innovating new products, such as smart surge protectors with connectivity
features, to meet evolving consumer needs.Top of Form” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based Global management consulting firm.
“United States Surge Protector Market
Segmented By Type (Hard-Wired, Plug-In, Line Cord), By Discharge Current (Below
10 kA, 10 kA–25 kA, above 25 kA), By Component (Suppressor, Gas Discharge Tube,
Surge Arrestor, Others), By End-User (Industrial, Commercial, Residential), By
Region, Competition, Forecast and Opportunities, 2019-2029F,” has evaluated the future growth
potential of United States Surge Protector Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in United States Surge Protector Market.
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