CAGR Value:
Alternating Current Surge Protective Device Market size was valued at US$ 1.59 billion in 2024 and is projected to reach US$ 2.38 billion by 2032, at a CAGR of 5.1% during the forecast period 2025-2032
Report Studies
• The global Alternating Current Surge Protective Device Market size was valued at US$ 1.59 billion in 2024 and is projected to reach US$ 2.38 billion by 2032, at a CAGR of 5.1% during the forecast period 2025-2032.
• AC SPDs are critical electrical components designed to protect equipment from voltage spikes in alternating current systems. These devices limit transient overvoltages by diverting surge currents, safeguarding sensitive electronics across residential, commercial, and industrial applications. The market includes three key product types: Type 1 (for outdoor service entrance protection), Type 2 (distribution panel protection), and Type 3 (point-of-use protection).
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By Type:
• The market is segmented based on type into:
• Type 1 Surge Protective Devices
• Subtypes: Hardwired, Plug-in, and others
• Type 2 Surge Protective Devices
• Type 3 Surge Protective Devices
• Combined Type (Type 1+2+3)
• Others
By Application:
• The market is segmented based on application into:
• Residential
• Commercial
• Industrial
• Subtypes: Manufacturing, Energy & Power, Telecom, and others
• Transportation
• Others
• ABB (Switzerland)
• Siemens (Germany)
• Eaton (Ireland)
• Schneider Electric (France)
• Littelfuse (U.S.)
• Bourns (U.S.)
• Beny Electric (China)
• Phoenix Contact (Germany)
• Legrand (France)
