Surge Protection Devices Market Size, Share, Growth Analysis, By Type(Hard-Wired, Plug-In, Line Cord), By End User(Industrial, Commercial, Residential), By Discharge current(Below 10 kA, 10 kA–25 kA, Above 25 kA), By Region - Industry Forecast 2024-2031

With enterprises and industries becoming increasingly dependent on very sensitive electronic equipment, the need for higher kA rated SPDs is rising. Higher rated devices of 100.1-200 kA by providing power surge protection of data centers and critical infrastructures ensures dependability while avoiding expensive downtime. In all cases, where loss due to power failure might result, this trend can be identified particularly in manufacturing, IT and telecommunications sectors. 

The growth of businesses across the globe, such as data centers, renewable energy installations, and industrial facilities, is driving the demand for surge protection devices. To cope with frequent voltage spikes, these industries require surge protection devices with higher kA ratings. As countries invest in upgrading their infrastructure, especially in developing economies, strong electrical protection systems such as SPDs are increasingly becoming essential. 

The higher the kA rating of the SPD, the more expensive its cost as an upfront investment. These might deter some organizations like smaller and medium-sized businesses. Even though these devices deliver long-term reliability, an initial cost of installing expensive-higher kA SPDs proves a significant deterrent to its vast scale implementation in cost-sensitive industries. 

Higher-rated SPDs may require professional installation and maintenance to ensure optimal operation. The complexity of integrating high-kA surge protection solutions into their existing electrical systems might discourage some businesses from implementing them. The need for professional maintenance will also hinder their broad adoption in some areas or businesses with little technical know-how.