Lighting, Power & Electronic Products

Surge Suppressors: Market Size, Growth & Forecast to 2030

The Surge Suppressors market is valued at about $3.82 billion (2026) and is projected to grow at a 6.7% CAGR through 2030. The largest cost driver is Metal Oxide Varistors and electronic components (35% of spend). North America leads demand at 35%.

Market size
$3.82 bn (2026)
CAGR to 2030
+6.7%
Buyer power
Favours buyers
Tracked suppliers
45

Projected market growth to 2030

Market size index, 2026 = 100, at the 6.7% CAGR.

1381261131001002026106.72027113.82028121.52029129.62030138.32031

Cost structure

Metal Oxide Varistors and electronic components
35%
Plastic resins and copper housing materials
25%
Direct manufacturing labor and assembly
15%
Inbound and outbound freight and logistics
13%
Compliance testing, engineering, and quality overhead
12%

Regional demand split

North America demand
35%
Asia Pacific demand
32%
Europe demand
23%
Rest of world demand
10%

Key suppliers

Schneider ElectricABBEatonSiemensPhoenix ContactDEHNLittelfuse
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/surge-suppressors