Surge Protection Devices companies

  • Report ID: 3740
  • Published Date: Jun 02, 2025
  • Report Format: PDF, PPT

Companies Dominating the Surge Protection Devices Market Landscape

    The surge protection devices market is characterized by the presence of gigantic players and the increasing emergence of new companies. The leading companies are focused on new product launches and technological innovations to boost their revenue shares. They are also forming strategic partnerships with other players to uplift their market reach. Industry giants are also collaborating with their high-tech companies to introduce AI and ML-integrated surge protection devices. The key players are also entering into high-potential markets to earn lucrative gains from untapped opportunities. They are also employing mergers & acquisitions strategies to expand their product offerings.

    Company Name

    Country of Origin

    Revenue Share 2024

    Eaton Corporation

    USA

    9.9%

    Schneider Electric

    France

    9.5%

    Siemens AG

    Germany

    7.7%

    ABB Ltd

    Switzerland

    6.6%

    Legrand SA

    France

    5.9%

    Hager Group

    Germany

    xx%

    NHP Electrical Engineering Products

    Australia

    xx%

    LS ELECTRIC Co., Ltd.

    South Korea

    xx%

    Havells India Ltd

    India

    xx%

    TNB Electric

    Malaysia

    xx%

    Phoenix Contact GmbH & Co. KG

    Germany

    xx%

    Schneider Electric India Pvt. Ltd

    India

    xx%

    Schneider Electric Malaysia Sdn Bhd

    Malaysia

    xx%

    HPM Legrand Australia

    Australia

    xx%

    LS Cable & System Ltd.

    South Korea

    xx%

    Below are the areas covered for each company in the surge protection devices market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The global surge protection devices market is expected to be valued at USD 2.9 billion by the end of 2025.

Expanding at a CAGR of 6.5%, the global market is expected to increase from USD 2.7 billion in 2024 to USD 5.5 billion by 2037.

Some leading companies are Eaton Corporation, Schneider Electric, Siemens AG, ABB Ltd, and Legrand SA.

The hard-wired SPD segment is estimated to capture a high 36.5% of the market share through 2037.

Asia Pacific is expected to hold 37.1% of the global market share through 2037.
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