Business
Surge Protection Devices Market Forecast Report 2025-2030: Major Players Like ABB and Schneider Electric Drive Innovation and Expansion in SPD Market
The surge protection devices market growth is fueled by the increasing need to protect sensitive electronics against power surges. The below 10 kA nominal discharge current segment is anticipated to be the second-largest due to the rise in residential and light commercial applications. The plug-in product segment, noted for its flexibility and affordability, is also expected to see significant growth. North America is forecasted as the second-fastest growing region, driven by advanced infrastruc
About this update from Abb Ltd.
[{"type":"image","alt":"Company Logo","displaySize":"","headline":null,"caption":"Company Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":36,"url":"https://media.zenfs.com/en/globenewswire.com/6a90a26a88cc04ec0d3fe15e0ab1be65"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/g_3H8YP5.WdAX5cBtX03VA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTUwO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/6a90a26a88cc04ec0d3fe15e0ab1be65","width":300,"height":36}},"lazy":false},{"type":"text","content":"The surge protection devices market growth is fueled by the increasing need to protect sensitive electronics against power surges. The below 10 kA nominal discharge current segment is anticipated to be the second-largest due to the rise in residential and light commercial applications. The plug-in product segment, noted for its flexibility and affordability, is also expected to see significant growth. North America is forecasted as the second-fastest growing region, driven by advanced infrastructure and high electronic device penetration. Key players such as ABB, Schneider Electric, Siemens, Eaton, and Emerson are leading the market, with innovations and strategic investments enhancing surge protection solutions globally.","length":731,"tagName":"p"},{"type":"text","content":"Surge Protection Devices Market","length":31,"tagName":"p"},{"type":"image","alt":"Surge Protection Devices Market","displaySize":"","headline":null,"caption":"Surge Protection Devices Market","credit":"GlobeNewswire Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":600,"height":400,"url":"https://media.zenfs.com/en/globenewswire.com/3b8d41e4ded06c9807150329f39d4458"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/On4m8.1GXsJPsV6aMdh11g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/3b8d41e4ded06c9807150329f39d4458","width":600,"height":400}}},{"type":"text","content":"Dublin, Aug. 22, 2025 (GLOBE NEWSWIRE) -- The "Surge Protection Devices Market by Product (Hard-wired, Plug-in, Line Cord, Power Control Devices), by Technology (Type 1, Type 2, Type 3), by Nominal Discharge Current (Below 10kA, 10-25kA, Above 25kA), End-User, and Region - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.","length":366,"tagName":"p"},{"type":"text","c...