Home Surge Protection Devices Market Size, 2032 Report

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The Asia Pacific home surge protection market is expected to exceed USD 600 million by 2032. The booming real estate sector along with increasing infrastructure investments, mainly in developing countries, will provide significant prospects for business expansion. Strict government regulations on electrical safety, voltage fluctuations and surges will boost the industry momentum. Increasing use of these devices for remote monitoring and management of surges will boost product adoption.

Growing awareness of the importance of protecting sensitive electronics from power surges, along with stringent government regulations regarding electrical safety, will drive the U.S. market. Consumers are becoming increasingly aware of the importance of protecting sensitive electronic equipment from power surges and spikes, leading to greater penetration of these devices.

Market share of surge protection devices in homes

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JMV operates as one of the leading providers of surge protection devices, offering a comprehensive range of solutions designed to protect sensitive electronic equipment from power surges and spikes. With a strong focus on innovation and reliability, the company is designed to meet the stringent requirements of various sectors, including residential, commercial and industrial applications. Its products integrate advanced technologies to effectively suppress surges, ensuring uninterrupted operation and longevity of connected devices.

JMV places emphasis not only on product performance but also on compliance with global standards, ensuring that their SPDs meet the highest levels of electrical safety and reliability. As demand for robust surge protection solutions grows worldwide, the company continues to expand its market presence by providing cutting-edge products tailored to changing customer needs.

Companies in the home surge protection market

Key players in the industry include:

• THREAD
• Belkin
• Bourns, Inc.
• CG Power and Industrial Solutions Limited
• Eat
• Emerson Electric Co.
• General Electric
• The Havels
• Bell
• Infineon Technologies AG
• Intermatic Limited Liability Company
• JMV
• Legrand
• Leviton Manufacturing Co., Inc.
• Littelfuse, Inc.
• Maximum volt
• Mercen
• Philips
• Contact Phoenix
• Radial hood
• Rockwell Automation
• Schneider Electric
• Shenzhen Techwin Lightning Technologies Co., Ltd.
• Siemens
  

News from the home surge protection industry

• In February 2024, ABB announced that it had acquired SEAM Group. This strategic acquisition aims to strengthen ABB’s Electrification portfolio in electrical safety, renewable energy and asset management consulting services. With this acquisition, ABB aims to address the growing demand for asset modernization and optimization for safer, smarter and more sustainable operations.
  
• In November 2023, Bourns introduced its latest innovation, the Model 1260 Series surge protectors. These hybrid AC surge protectors are ingeniously crafted with advanced MG architecture, offering enhanced reliability and safety protection by eliminating leakage or follow current, which is achieved through innovative architecture design. It is designed for high-risk electrical inputs, branch panels, heavy industrial systems, EV charging stations, and features robust capabilities.
  

The Home Surge Protector Market Research Report provides an in-depth look at the industry with estimates and forecasts in “Units” and “Millions USD” categories for 2021-2032, for the following segments: