U.S. Electrical Surge Control Devices Market Size By Device Type (Type 1, Type 2, Type 3), By Type (Hard Wired, Line Cord, Plug-in), By Discharge Current (Below 10 kA, 10 kA–25 kA, Above 25 kA), By End User (Industrial, Commercial, Residential), By Geographic Scope And Forecast

U.S. Electrical Surge Control Devices Market Size And Forecast

U.S. Electrical Surge Control Devices Market size was valued at USD 654.07 Million in 2022 and is projected to reach USD 1110.45 Million by 2030, growing at a CAGR of 6.84% from 2023 to 2030.

The U.S. Electrical Surge Control Devices Market? That's basically the group of folks making and selling the stuff that keeps your electronics safe from those nasty power surges. Think of surges as sudden jolts of electricity – they can come from all sorts of places, like shaky power grids, lightning strikes, or even just turning on big machines. And they can really mess up your TV, computer, or anything sensitive, leading to headaches like downtime, lost files, and, ouch, repair bills. But here's the good newsthis market is growing! More and more industries realize they need power surge protection, and that's fueling the U.S. market for these devices. As technology keeps moving forward, expect even more cool advancements and growth in this area.

U.S. Electrical Surge Control Devices Market Definition

The U.S. Electrical Surge Control Devices Market refers to the sector of the economy that encompasses the production, distribution, and sale of devices designed to protect electrical systems and equipment from power surges. These devices are commonly known as surge protectors, surge suppressors, or surge control devices. Power surges are sudden, brief increases in electrical voltage that can occur due to various factors such as lightning strikes, utility grid fluctuations, or the operation of high-power electrical devices. These surges can pose a significant risk to sensitive electronic devices and equipment, potentially causing damage, malfunctions, or complete failure.

So, you know how power surges can fry your electronics? Well, electrical surge control devices are basically superheroes that swoop in and save the day! They work by catching that extra voltage and either diverting it away or squashing it down. Think of them as using special tools like metal oxide varistors (MOVs), gas discharge tubes, or even fancy silicon avalanche diodes. These guys sense the surge and create a safe route for it to disappear, keeping your stuff safe. And the U.S. Electrical Surge Control Devices Market? It's packed with options! You've got your basic power strips with built-in surge protection, wall outlets that do the same, plus modules you can install right in your electrical panel, and tons more!

The market is primarily driven by the increasing demand for surge protection solutions as the reliance on electronic devices and equipment grows across various sectors. Residential, commercial, industrial, and healthcare facilities all require effective surge control devices to safeguard their valuable electronics and prevent costly damage. In summary, the U.S. Electrical Surge Control Devices Market encompasses the production, distribution, and sale of devices designed to protect electrical systems and equipment from power surges. It is driven by the increasing demand for surge protection solutions and is characterized by the presence of various established players and ongoing technological advancements.

U.S. Electrical Surge Control Devices Market Overview

A surge protection device is one of the components of an electrical installation protection system. It is designed to limit the transient overvoltage of atmospheric origin, which diverts the current waves to Earth. It limits the amplitude of this overvoltage to a value that is not hazardous for the electrical installation, switches gear, and control gear. The boom in the electronic industry and the rising adoption of the major electronic devices are considered the major factors to boost the Surge Protection Devices Market. The concept of shielding electronic gadgets from power floods and spikes is called flood insurance.

Think of a "force flood" or "power flood" as a superhero for your electronics! It's like a super-powered surge protector that lets you plug all your devices into one outlet, reducing the risk of damage from power surges. Now, why is this important? Well, businesses – whether they're industrial giants, local shops, or even your home office – are really sensitive to power quality issues. These issues can directly affect their ability to compete. Ideally, you want "clean power," which means perfectly smooth, wave-like voltage and current. But in reality, power quality is judged by how well your equipment works. And here's the thingpower quality is really all about voltage quality. The tricky part is that most power quality problems in factories and other industrial settings often go unnoticed, hidden from view in your regular utility bills and plant management systems.

However, the consequences include plant downtime, production waste, reduced capacity, utility penalties, premature equipment failure, and significant financial impact. A common surge control device is capable of stopping voltage spikes and surges, however, a catastrophic burst of current from lightning is difficult to overcome. The direct lightning current is too big to shield. Most SPDs are capable of providing a good defense against a direct voltage strike or surge but cannot guarantee damage to electronic devices. This showcases the limited operational capability of eh devices and acts as a restraining factor for market growth.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in U.S. Electrical Surge Control Devices Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

U.S. Electrical Surge Control Devices MarketSegmentation Analysis

The U.S. Electrical Surge Control Devices Market is segmented on the basis of Device Type, Type, Discharge Current, End User, and Geography.

U.S. Electrical Surge Control Devices Market, By Device Type

• Type 1
• Type 2
• Type 3
• Type 4

To Get Summarized Market Report By Device Type-

Based on Device Type, the market is bifurcated into Type 1, Type 2, Type 3, and Type 4. Type 2 accounted for the largest market share of 34.96% in 2021, and is projected to grow at a CAGR of 6.63% during the forecast period. Type 1 was the second-largest market in 2021.

U.S. Electrical Surge Control Devices Market, By Type

• Hard Wired
• Line Cord
• Plug-in
• Power Control Devices

Based on Type, the market is bifurcated into Hard Wired, Line Cord, Plug-in, and Power Control Devices. Hard Wired accounted for the largest market share of 45.02% in 2021 and is projected to grow at a CAGR of 6.18% during the forecast period. Line Cord was the second-largest market in 2021.

U.S. Electrical Surge Control Devices Market, By Discharge Current

• Below 10 kA
• 10 kA–25 kA
• Above 25 kA

To Get Summarized Market Report By Discharge Current-

Based on Discharge Current, the market is bifurcated into Below 10 kA, 10 kA–25 kA, and Above 25 kA. Above 25 kA accounted for the largest market share of 50.76% in 2021, with a market value of USD 328.76 Million, and is projected to grow at the highest CAGR of 7.29% during the forecast period. 10 kA–25 kA was the second-largest market in 2021.

U.S. Electrical Surge Control Devices Market, By End User

• Industrial
• Commercial
• Residential

Based on End User, the market is bifurcated into Industrial, Commercial, and Residential. Industrial accounted for the largest market share of 45.50% in 2021 and is projected to grow at a CAGR of 6.72% during the forecast period. Commercial was the second-largest market in 2021.

U.S. Electrical Surge Control Devices Market, By Geography

• West
• North East
• Mid-West
• South East
• South West

To Get Summarized Market Report By Geography- 

On the basis of Geography, the U.S. Electrical Surge Control Devices Market is classified into West, North East, Mid-West, South East, and South West. West accounted for the largest market share of 24.41% in 2021 and is projected to grow at the highest CAGR of 7.56% during the forecast period. North East was the second-largest market in 2021.

Key Players

The “U.S. Electrical Surge Control Devices Market” study report will provide valuable insight with an emphasis on the U.S. market. The major players in the market are Schneider Electric, LittleFuse, Eaton, ABB, Belkin International, Citel, Mersen, Emerson, GE, Schneider Electric, Hubbell Incorporated, JMV, Koninklijke Philips N.V., Legrand, Maxivolt Corporation, Panamax, RAYCAP CORPORATION, ROCKWELL AUTOMATION, Siemens AG, Tripp Lite, Leviton Manufacturing Company, Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Key Developments