Press release
Surge protection devices (SPDs) for Construction Industry Research: the global market size is projected to reach USD 0.31 billion by 2031
The global market for Surge protection devices (SPDs) for Construction was estimated to be worth US$ 307 million in 2024 and is forecast to a readjusted size of US$ 329 million by 2031 with a CAGR of 0.7% during the forecast period 2025-2031.
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According to the new market research report "Surge protection devices (SPDs) for Construction - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031", published by QYResearch, the global Surge protection devices (SPDs) for Construction market size is projected to reach USD 0.31 billion by 2031, at a CAGR of 0.7% during the forecast period.
Surge Protection Devices (SPDs) for Construction: Safeguarding Modern Infrastructure
Product Definition: The Essential Electrical Safeguard
Surge Protection Devices (SPDs) are critical safety components installed in building electrical systems. They protect low-voltage power distribution, signal, and control lines from damaging voltage spikes caused by lightning strikes and grid fluctuations. By instantly limiting overvoltages and diverting surge currents, SPDs prevent failures in essential equipment-from HVAC systems and security networks to data centers and building automation-ensuring operational continuity and safety in residential, commercial, and industrial constructions.
Market Overview: A Stable, Regulation-Driven Landscape
According to the latest QYResearch report, the global SPDs for Construction market is projected to reach USD 0.31 billion by 2031, growing at a CAGR of 0.7% during the forecast period. This stable growth is underpinned by non-negotiable regulatory requirements and the rising value of protected electrical assets in modern buildings.
Key Market Insights:
Competitive Landscape: The market is semi-consolidated. Leading manufacturers such as Phoenix, ABB, Emerson, DEHN SE, and Eaton are key players, with the global top 10 companies accounting for approximately 40.0% of 2024 revenue.
Product Segmentation: Power Type SPDs dominate the market, holding a substantial 79.4% share, reflecting their fundamental role in main electrical line protection.
Application Segmentation: The Commercial Buildings segment is the largest end-user, representing 51.7% of the market, driven by high asset value and stringent safety codes.
Primary Market Drivers:
Stringent Global Regulations: Mandatory electrical safety and lightning protection standards worldwide compel SPD installation in new constructions and major renovations, creating consistent, code-driven demand.
Rise of Smart & Green Buildings: The proliferation of sensitive electronics in building automation, security, and energy management systems increases vulnerability to surges, making SPDs integral to system reliability and sustainability goals.
Growing Risk Awareness: Owners and operators increasingly prioritize proactive protection over costly reactive repairs, recognizing SPDs as essential for mitigating downtime, equipment loss, and safety hazards.
Key Market Challenges:
Technical Adaptation to Diverse Sites: SPDs must perform reliably in varied environmental conditions (e.g., extreme temperatures, corrosion), requiring robust design and increasing R&D complexity.
Intense Low-End Competition & Homogenization: The market faces price pressure in standard segments due to many competitors, while high-end projects remain dominated by established brands with technical leverage.
Installation & Maintenance Gaps: Ineffective system design, improper installation, and lack of regular SPD maintenance can undermine protection efficacy, posing a challenge to market credibility and performance.
Cross-Regional Standard Complexities: Navigating differing international certification and compliance requirements increases costs and creates barriers to global market expansion for manufacturers.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Surge protection devices (SPDs) for Construction market is segmented as below:
By Company
Phoenix
ABB
Emerson
DEHN SE
Eaton
Siemens
Citel
Obo Bettermann
Schneider
Weidmüller
Raycap
ZG
Littelfuse
Mersen Electrical
NVent
Legrand
Philips
LEIAN
HPXIN
Chengdu Pedaro Technology
Xiamen SET
C-Power
MCG Surge Protection
ASP
Leviton
MVC-Maxivolt
JMV
KEANDA
Segment by Type
Power Type SPD
Signal Type SPD
Segment by Application
Commercial Buildings
Residential Buildings
Industrial Buildings
Each chapter of the report provides detailed information for readers to further understand the Surge protection devices (SPDs) for Construction market:
Chapter 1: Introduces the report scope of the Surge protection devices (SPDs) for Construction report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Surge protection devices (SPDs) for Construction manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Surge protection devices (SPDs) for Construction market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Surge protection devices (SPDs) for Construction in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Surge protection devices (SPDs) for Construction in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Surge protection devices (SPDs) for Construction competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Surge protection devices (SPDs) for Construction comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Surge protection devices (SPDs) for Construction market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Surge protection devices (SPDs) for Construction Market Outlook, In Depth Analysis & Forecast to 2031
Global Surge protection devices (SPDs) for Construction Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Surge protection devices (SPDs) for Construction Market Research Report 2025
About Us:
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
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If you have any queries regarding this report or if you would like further information, please contact us:
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EN: https://www.qyresearch.com
Email: global@qyresearch.com
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