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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
In order to safeguard your equipment against voltage surges, SPDs are devices that can detect them and send any excess voltage that exceeds a predetermined threshold to a ground line and then into the earth. The main panel and the incoming utility line, the panel and the load, or both are typically where they are installed.
It all comes down to voltage tolerance. 240/120V is the standard voltage. Hybrid EVs may operate with voltages between 100V and 200V. EV batteries can handle 400V or more. Beyond that, surges risk harming the batteries or equipment. Lightning strikes are one such event that can produce even larger voltage surges.
And not just enormous, unexpected surges are problematic. Your EV charger and batteries will gradually deteriorate as a result of smaller changes over time. Check the terms of your EV warranty, too.
Your warranty could be void if you charge an EV battery without an SPD. Numerous charging stations are located outside, where they may be struck by direct or indirect lighting. Lightning strikes, which can produce extremely high voltage surges, are another danger to indoor stations.
Utility failures, temporary outages, and activity switching can all result in surges. Each of these results in a voltage decrease followed by a surge most frequently. Heavy surges can be produced by failing transformers.
The Global EV charging station surge protection system market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The announcement of EV Series Charging Stations with Leviton app compatibility was launched by Leviton, a pioneer in wireless smart home technology and a prominent provider of EVSE for residential use. Any electric car can be charged at the 32, 48, and 80 Amp Level 2 stations in the new series.
Users may take control of their entire home, including EV chargers, lighting, and load centers, with a single app by simply integrating these devices into the My Leviton network.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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