Surge Protection Devices Market Size to Hit USD 5.02 Billion by 2032 | SNS Insider
The Surge Protection Devices Market is growing with demand for reliable power safety solutions in industrial, commercial, and residential applications, driven by rising electrification and IoT adoption. According to the SNS Insider,“The Surge Protection Devices Market was valued at USD 2.89 billion in 2023 and is expected to reach USD 5.02 billion by 2032, growing at a CAGR of 6.37% from 2024-2032.”