IMARC Group has recently released a new research study titled “North America Surge Arresters Market Size, Share, Trends and Forecast by Material, Class, Voltage, End User and Region, 2026-2034”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
Market Overview
The North America surge arresters market size reached USD 499.7 Million in 2025 and is expected to reach USD 699.0 Million by 2034, exhibiting a CAGR of 3.80% during the forecast period 2026-2034. Growth is driven by infrastructure investments, renewable energy adoption, and rising demand for grid reliability. Advancements in smart grids, industrial automation, and EV charging infrastructure also positively impact growth.
Study Assumption Years
Base Year: 2025
Historical Year/Period: 2020-2025
Forecast Year/Period: 2026-2034
North America Surge Arresters Market Key Takeaways
Current Market Size: USD 499.7 Million in 2025
CAGR: 3.80%
Forecast Period: 2026-2034
The market expansion is fueled by rising infrastructure investments and growing renewable energy adoption.
Increasing demand for grid reliability and modern power infrastructure upgrades drive market growth.
Legislative support includes USD 550 billion from the Bipartisan Infrastructure Act and USD 370 billion from the IRA.
Innovations in smart grids, industrial automation, and EV charging infrastructure contribute positively.
The United States accounts for 15% of global clean energy investment totaling USD 280 billion in 2023.
Sample Request Link: https://www.imarcgroup.com/north-america-surge-arresters-market/requestsample
North America Surge Arresters Market Growth Factors
The increasing investment in renewable energy sources like wind and solar power is significantly propelling the North America surge arresters market. These arrester devices protect renewable energy installations from electrical surges caused by lightning, grid faults, or switching operations. Wind and solar energy systems, often located in exposed or remote areas, are especially vulnerable to voltage spikes that can damage sensitive equipment resulting in costly downtime and repairs. Surge arresters mitigate these risks by safely channeling excess voltage to the ground, thus enhancing equipment longevity and efficiency. With the expansion of renewable energy capacity, surge arresters have become a key protective component in solar and wind power industries. According to the report published by IEA, the U.S. accounted for 15% of the global clean energy investment, totaling USD 280 billion in 2023, surpassing fossil fuel investments. Legislative frameworks supporting this include USD 550 billion from the Bipartisan Infrastructure Act and USD 370 billion from the Inflation Reduction Act (IRA), targeting net-zero emissions by 2050. These investments are expected to expand the North America surge arresters market share substantially.
Growing investments in infrastructure, especially in power grids and industrial facilities, are another key growth driver. Modernizing power grids and expanding industrial infrastructure increase systems' susceptibility to electrical surges caused by lightning, faults, or switching operations. These surges can damage sensitive equipment, cause operational interruptions, or lead to costly repairs. Surge arresters play a crucial role by channeling excess voltage safely to ground, protecting infrastructure and equipment. Private sectors and governments in North America are heavily investing in grid resilience and industrial development. For example, in August 2024, the Biden-Harris Administration announced a USD 2.2 billion investment in the national power grid, funding eight projects across 18 states. This initiative aims to add nearly 13 GW of capacity, catalyze around USD 10 billion in public-private investments, create at least 5,000 jobs, and enhance resilience against extreme weather events. This growing infrastructure spending supports a positive outlook for the surge arresters market.
Technological advancements in smart grids, industrial automation, and electric vehicle (EV) charging infrastructure also contribute positively to market growth. These innovations increase the complexity and demand for reliable electrical protection solutions. Surge arresters are integral to safeguarding new technology deployments by preventing damage from voltage spikes and surges. This integration with evolving industrial and energy infrastructure further expands market opportunities and drives growth through the forecast period.
