Commercial Surge Protection Devices Market Outlook:
Commercial Surge Protection Devices Market size was valued at USD 4.39 billion in 2025 and is set to exceed USD 7.57 billion by 2035, expanding at over 5.6% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of commercial surge protection devices is evaluated at USD 4.61 billion.
The need for commercial surge protection devices across several applications has rapidly increased due to the growth of smart homes and the Internet of Things (IoT). These gadgets shield networked devices, entertainment systems, and smart appliances from power outages, expanding their use in various industrial contexts to safeguard automation equipment, control systems, and vital machinery. Surge protection solutions are becoming increasingly necessary as companies depend on automation and cutting-edge technology.
The increasing demand for smart power strips is an important factor driving the market's expansion. Due to its ability to automatically create timers and schedules and monitor energy consumption, various power strips are in high demand among consumers. Consequently, several businesses are working to offer power strips with Wi-Fi capabilities. For instance, in October 2020, Jasco, unveiled a new range of Enbrighten WiFi smart home devices that aim to connect the house from the inside out and make life easier.