Global Panel Surge Protector Market Growth 2026-2032
Description
The global Panel Surge Protector market size is predicted to grow from US$ 852 million in 2025 to US$ 1118 million in 2032; it is expected to grow at a CAGR of 4.0% from 2026 to 2032.
Panel Surge Protector, also commonly referred to as a Panel-Mounted Surge Protector or Panelboard Surge Suppressor, is a device designed to protect electrical equipment from damage caused by voltage spikes or transients, which are sudden, temporary increases in voltage levels in an electrical circuit. These spikes can occur due to various reasons, including lightning strikes, power line disturbances, or even the switching of large electrical loads.
United States market for Panel Surge Protector is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for Panel Surge Protector is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for Panel Surge Protector is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key Panel Surge Protector players cover Eaton, Shenzhen Keanda Electronic Technology, Citel Electronics GmbH, Guangzhou Langpai Fanglei Technology, Suzhou Industrial Park Kejia Automation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LP Information, Inc. (LPI) ' newest research report, the “Panel Surge Protector Industry Forecast” looks at past sales and reviews total world Panel Surge Protector sales in 2025, providing a comprehensive analysis by region and market sector of projected Panel Surge Protector sales for 2026 through 2032. With Panel Surge Protector sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Panel Surge Protector industry.
This Insight Report provides a comprehensive analysis of the global Panel Surge Protector landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Panel Surge Protector portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Panel Surge Protector market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Panel Surge Protector and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Panel Surge Protector.
This report presents a comprehensive overview, market shares, and growth opportunities of Panel Surge Protector market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Tandem Type
Parallel Type
Segmentation by Application:
Communication
Electricity
Factory
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Eaton
Shenzhen Keanda Electronic Technology
Citel Electronics GmbH
Guangzhou Langpai Fanglei Technology
Suzhou Industrial Park Kejia Automation
Guangzhou Chunlei Information Technology
Hunan Putian KBTE Electronics Technology
Hangzhou Yilong Lightning Protection Technology
Shenzhen Techwin Lighting Technologies
Zhejiang Thor Electric
KESJ
ZVD
Key Questions Addressed in this Report
What is the 10-year outlook for the global Panel Surge Protector market?
What factors are driving Panel Surge Protector market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Panel Surge Protector market opportunities vary by end market size?
How does Panel Surge Protector break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Panel Surge Protector, also commonly referred to as a Panel-Mounted Surge Protector or Panelboard Surge Suppressor, is a device designed to protect electrical equipment from damage caused by voltage spikes or transients, which are sudden, temporary increases in voltage levels in an electrical circuit. These spikes can occur due to various reasons, including lightning strikes, power line disturbances, or even the switching of large electrical loads.
United States market for Panel Surge Protector is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for Panel Surge Protector is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for Panel Surge Protector is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key Panel Surge Protector players cover Eaton, Shenzhen Keanda Electronic Technology, Citel Electronics GmbH, Guangzhou Langpai Fanglei Technology, Suzhou Industrial Park Kejia Automation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LP Information, Inc. (LPI) ' newest research report, the “Panel Surge Protector Industry Forecast” looks at past sales and reviews total world Panel Surge Protector sales in 2025, providing a comprehensive analysis by region and market sector of projected Panel Surge Protector sales for 2026 through 2032. With Panel Surge Protector sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Panel Surge Protector industry.
This Insight Report provides a comprehensive analysis of the global Panel Surge Protector landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Panel Surge Protector portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Panel Surge Protector market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Panel Surge Protector and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Panel Surge Protector.
This report presents a comprehensive overview, market shares, and growth opportunities of Panel Surge Protector market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Tandem Type
Parallel Type
Segmentation by Application:
Communication
Electricity
Factory
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Eaton
Shenzhen Keanda Electronic Technology
Citel Electronics GmbH
Guangzhou Langpai Fanglei Technology
Suzhou Industrial Park Kejia Automation
Guangzhou Chunlei Information Technology
Hunan Putian KBTE Electronics Technology
Hangzhou Yilong Lightning Protection Technology
Shenzhen Techwin Lighting Technologies
Zhejiang Thor Electric
KESJ
ZVD
Key Questions Addressed in this Report
What is the 10-year outlook for the global Panel Surge Protector market?
What factors are driving Panel Surge Protector market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Panel Surge Protector market opportunities vary by end market size?
How does Panel Surge Protector break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
110 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Panel Surge Protector by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Panel Surge Protector by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
