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Surge Protection Device (SPD) Market

Surge Protection Device (SPD) Market Insights, Competitive Landscape, and Market Forecast - 2033

Published Date: Dec 2025 | Format: | No. of Pages: 200

Industry: Energy & Natural Resources | Author Name: Aarti

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Report Description Research Methodology

FAQ : Surge Protection Device (SPD) Market

The Surge Protection Device market size is approximately USD 3.1 Bn in 2026.

The Surge Protection Device market is projected to grow at a CAGR of about 5% by 2033.

The Surge Protection Device market growth is driven by rising dependence on electronic systems, increasing power fluctuations, lightning-induced surges, and expansion of industrial and commercial infrastructure.

Asia Pacific is the dominating region for the Surge Protection Device market.

Schneider Electric, ABB Ltd., Eaton Corporation, Siemens AG, and General Electric Company are some leading industry players in the Surge Protection Device market.
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