Surge Arrester Global Market Report 2024

Global Surge Arrester Market Report 2024

Surge Arrester Global Market Report 2024 – By Type (Polymeric, Porcelain), By Voltage Type (Low Voltage Surge Arresters, Medium Voltage Surge Arresters, High Voltage Surge Arresters), By End-User (Utilities, Industries, Transportation, Other End-Users), By Application (AIS (Air Insulated Switchgear), GIS (Gas Insulated Switchgear)), By Class (Distribution Class, Intermediate Class, Station Class) – Market Size, Trends, And Global Forecast 2024-2033

Name: Surge Arrester Global Market Report 2024
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Surge Arrester Global Market Report 2024

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Surge Arrester Market Definition

A surge arrester refers to a protective device for limiting voltage on equipment by discharging or bypassing surge current in substations, such as transformers, circuit breakers, and bushings, against the effects of lightning and switching surges. It prevents continued to flow to follow current to ground and it is capable of repeating these functions as specified per ANSI standard C62.

The main types of surge arresters are polymeric and porcelain. The polymeric surge arresters are lightweight and hydrophobic which helps in the protection of electrical equipment, in both indoor and outdoor systems. It is a gapless zinc oxide surge arrester that is designed to protect your overhead distribution network. Due to its optimal mechanical strength, it can be also used in harsh environmental conditions. The classes included in surge arresters are distribution class, intermediate class, and station class with voltage types such as low voltage surge arresters, medium voltage surge arresters, and high voltage surge arresters. They have applications in AIS (air-insulated substation) and GIS (gas-insulated substation). The end-user includes utilities, industries, transportation, and others.

Surge Arrester Market Segmentation

The surge arrester market covered in this report is segmented –

1) By Type: Polymeric, Porcelain

2) By Voltage Type: Low Voltage Surge Arresters, Medium Voltage Surge Arresters, High Voltage Surge Arresters

3) By End-User: Utilities, Industries, Transportation, Other End-Users

4) By Application: AIS (Air Insulated Switchgear), GIS (Gas Insulated Switchgear)

5) By Class: Distribution Class, Intermediate Class, Station Class

Global Surge Arrester Market Size 2023 to 2028: Graph

Surge Arrester Market Size 2024 And Growth Rate

The surge arrester market size has grown strongly in recent years. It will grow from $2.12 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to the rise in power consumption, increasing government investments to support energy infrastructure, strong economic growth in emerging markets and increasing investments in transmission and distribution (t&d) networks..

Surge Arrester Market Growth Forecast

The surge arrester market size is expected to see strong growth in the next few years. It will grow to $3.05 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to the increasing demand for electricity, growing investments in renewable energy and rapid industrialization and growth in manufacturing industries. Major trends in the forecast period include focus on developing new technological solutions, focus on launching iot (internet of things) connected devices and solutions, focus on expanding production facilities and focus on mergers and acquisitions..

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Surge Arrester Market Driver: Rising Global Electricity Demand Fuels Growth In The Surge Arrester Market

The growing electricity demand supports the growth of the market. The increasing electricity demand can be attributed to growing populations and increasing use of electrical and electronic appliances, especially in developing countries such as China, India, Brazil and some African countries. For example, according to the International Energy Agency (IEA), the global electricity demand increased by 6%, or 1,500 terawatt hours (TWh) in 2021. South East Asia is forecast to experience the highest growth at 5% on average between 2022 and 2024. The Asia Pacific region, including China, is predicted to experience the second-highest growth in electricity demand at about 4%. The demand in North America and Latin America is anticipated to increase by about 1% between 2022 and 2024, with Mexico and Canada experiencing the biggest percentage increases at 3-4% annually. The projected electricity demand growth for Europe is 1.7% in 2022, followed by flat demand in 2023 and 2024. Therefore, the increasing demand for electricity will boost the development of new power generation stations, supporting the demand for surge arresters

Surge Arrester Market Driver: Surge Arrester Market Set To Surge With Rapid Industrialization And Manufacturing Growth

The rapid industrialization and growth in manufacturing industries will support the growth of the surge arrester market. According to the United Nations Industrial Development Organization (UNIDO), global manufacturing production increased by 9.4% in 2021. According to Goldman Sachs, a US-based investment banking company, the Indian manufacturing sector had growth of 210% in the fiscal year 2021–2022, compared to the fiscal year 2020–21, as well as a substantial increase in new investment and ordering activity. Compared to 2019–20, the Indian manufacturing sector saw a 460% increase in 2021–22. Therefore, the growth in manufacturing industries will boost the development of electronic devices and equipment, supporting the demand for surge arresters.

Global Surge Arrester Market Major Players

Major companies operating in the surge arrester market report are Siemens Energy, General Electric, Schneider Electric, Hubbell, Hitachi, CG Power And Industrial Solutions Ltd, Mitsubishi Electric, Legrand Sa, Eaton Corporation Plc, Meidensha, Valuepower Earthing Private Limited, Ideal Engineers, Pentagon Earthing & Lightning Arrester, Abcot Lighting Protection System Private Limited, Hangzhou Yongde Electric Appliances Co Ltd, Yueqing Sarah Electrical Technology Co Ltd, Wenzhou Yikun Electric Co. Ltd, Yueqing Wortai Electric Co. Ltd, Zhejiang Haivo Electrical Co. Ltd, Zhejiang Zhongneng Electrical Co. Ltd, Otowa Electric Co. Ltd, Ge Oil & Gas, Ngk Insulators, Abb, Emerson Electric, Hakel Spol. S R., Vertiv, Te Connectivity, Lamco, Leviton Manufacturing, Raycap Corporation Sa, Interconexion Electrica, Enel X, Al Yamuna Densons, Dehn, Saudi Electricity Company

Global Surge Arrester Market Trend: Hitachi Abb Power Grids Pioneers Grid Resilience With Innovative Wireless Spark Prevention Unit

Major companies operating in the surge arrester market are focused on developing new technological solutions to strengthen their position in the market. For example, in November 2022, Hitachi ABB Power Grids (Hitachi Energy), a Swiss manufacturer and developer of power transformers and substations, launched a new digital solution designed to improve grid resilience against wildfires. The new Wireless Spark Prevention Unit (SPU) Indicator assists utilities in maintaining critical assets by enabling remote monitoring and improved maintenance and replacement planning.

Global Surge Arrester Market Trend: Eaton Corporation Introduces Cutting-Edge IOT Connected Surge Protective Device For Enhanced Equipment Protection

Companies in the market are launching IoT-connected devices and solutions to help protect equipment and increase system reliability. For example, in March 2021, Eaton Corporation, a US-based power management company, launched Power Xpert SPD (surge protective device). It is an IoT-connected surge protective device that leverages advanced connectivity to help protect vital equipment from potentially devastating surge events. Power Xpert SPD enables customers to remotely monitor surge data in real-time and to capture and categorize surge events by low, medium and high categories.

Surge Arrester Market Merger And Acquisition: Leviton Expands Global Reach And Capabilities With Acquisition Of Berk-Tek

In August 2021, Leviton, a US-based provider of lighting controls, wiring devices and networking services to residential, commercial and industrial customers, acquired Berk-Tek for an undisclosed amount. This acquisition is expected to solidify Leviton as a single-source manufacturer of end-to-end systems, including connectivity and cabling, for customers globally. Berk-Tek is a US-based manufacturer of high-performance and enhanced fiber optic and copper cables designed to transport high-speed data, voice and power transmissions.

Regional Analysis For The Global Surge Arrester Market

North America was the largest region in the surge arresters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surge arrester market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the surge arrester market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The surge arrester market consists of sales of Silicon Carbide (SiC) Valve-type surge arresters, and metal-oxide surge arresters (MOSA) including gapless, series-gapped, and shunt-gapped. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The surge arresters market research report is one of a series of new reports from The Business Research Company that provides surge arresters market statistics, including surge arresters industry global market size, regional shares, competitors with a surge arresters market share, detailed surge arresters market segments, market trends and opportunities, and any further data you may need to thrive in the surge arresters industry. This surge arresters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Surge Arrester Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$2.29 billion
Revenue Forecast In 2033	$3.05 billion
Growth Rate	CAGR of 7.5% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Polymeric, Porcelain 2) By Voltage Type: Low Voltage Surge Arresters, Medium Voltage Surge Arresters, High Voltage Surge Arresters 3) By End-User: Utilities, Industries, Transportation, Other End-Users 4) By Application: AIS (Air Insulated Switchgear), GIS (Gas Insulated Switchgear) 5) By Class: Distribution Class, Intermediate Class, Station Class
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Siemens Energy; General Electric; Schneider Electric; Hubbell; Hitachi; CG Power And Industrial Solutions Ltd; Mitsubishi Electric; Legrand Sa; Eaton Corporation Plc; Meidensha; Valuepower Earthing Private Limited; Ideal Engineers; Pentagon Earthing & Lightning Arrester; Abcot Lighting Protection System Private Limited; Hangzhou Yongde Electric Appliances Co Ltd; Yueqing Sarah Electrical Technology Co Ltd; Wenzhou Yikun Electric Co. Ltd; Yueqing Wortai Electric Co. Ltd; Zhejiang Haivo Electrical Co. Ltd; Zhejiang Zhongneng Electrical Co. Ltd; Otowa Electric Co. Ltd; Ge Oil & Gas; Ngk Insulators; Abb; Emerson Electric; Hakel Spol. S R.; Vertiv; Te Connectivity; Lamco; Leviton Manufacturing; Raycap Corporation Sa; Interconexion Electrica; Enel X; Al Yamuna Densons; Dehn; Saudi Electricity Company
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Surge Arrester Market Characteristics

3. Surge Arrester Market Trends And Strategies

4. Surge Arrester Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Surge Arrester Market Size and Growth

5.1. Global Surge Arrester Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Surge Arrester Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Surge Arrester Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Surge Arrester Market Segmentation

6.1. Global Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Polymeric

Porcelain

6.2. Global Surge Arrester Market, Segmentation By Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Distribution Class

Intermediate Class

Station Class

6.3. Global Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

AIS (Air Insulated Switchgear)

GIS (Gas Insulated Switchgear)

6.4. Global Surge Arrester Market, Segmentation By Voltage Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Low Voltage Surge Arresters

Medium Voltage Surge Arresters

High Voltage Surge Arresters

6.5. Global Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Utilities

Industries

Transportation

Other End-Users

7. Surge Arrester Market Regional And Country Analysis

7.1. Global Surge Arrester Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Surge Arrester Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Surge Arrester Market

8.1. Asia-Pacific Surge Arrester Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Surge Arrester Market

9.1. China Surge Arrester Market Overview

9.2. China Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Surge Arrester Market

10.1. India Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Surge Arrester Market

11.1. Japan Surge Arrester Market Overview

11.2. Japan Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Surge Arrester Market

12.1. Australia Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Surge Arrester Market

13.1. Indonesia Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Surge Arrester Market

14.1. South Korea Surge Arrester Market Overview

14.2. South Korea Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Surge Arrester Market

15.1. Western Europe Surge Arrester Market Overview

15.2. Western Europe Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Surge Arrester Market

16.1. UK Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Surge Arrester Market

17.1. Germany Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Surge Arrester Market

18.1. France Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Surge Arrester Market

19.1. Italy Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Surge Arrester Market

20.1. Spain Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Surge Arrester Market

21.1. Eastern Europe Surge Arrester Market Overview

21.2. Eastern Europe Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Surge Arrester Market

22.1. Russia Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Surge Arrester Market

23.1. North America Surge Arrester Market Overview

23.2. North America Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Surge Arrester Market

24.1. USA Surge Arrester Market Overview

24.2. USA Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Surge Arrester Market

25.1. Canada Surge Arrester Market Overview

25.2. Canada Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Surge Arrester Market

26.1. South America Surge Arrester Market Overview

26.2. South America Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Surge Arrester Market

27.1. Brazil Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Surge Arrester Market

28.1. Middle East Surge Arrester Market Overview

28.2. Middle East Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Surge Arrester Market

29.1. Africa Surge Arrester Market Overview

29.2. Africa Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Surge Arrester Market Competitive Landscape And Company Profiles

30.1. Surge Arrester Market Competitive Landscape

30.2. Surge Arrester Market Company Profiles

30.2.1. Siemens Energy

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. General Electric

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Schneider Electric

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Hubbell

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Hitachi

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Surge Arrester Market Other Major And Innovative Companies

31.1. CG Power And Industrial Solutions Ltd

31.2. Mitsubishi Electric

31.3. Legrand Sa

31.4. Eaton Corporation Plc

31.5. Meidensha

31.6. Valuepower Earthing Private Limited

31.7. Ideal Engineers

31.8. Pentagon Earthing & Lightning Arrester

31.9. Abcot Lighting Protection System Private Limited

31.10. Hangzhou Yongde Electric Appliances Co Ltd

31.11. Yueqing Sarah Electrical Technology Co Ltd

31.12. Wenzhou Yikun Electric Co. Ltd

31.13. Yueqing Wortai Electric Co. Ltd

31.14. Zhejiang Haivo Electrical Co. Ltd

31.15. Zhejiang Zhongneng Electrical Co. Ltd

32. Global Surge Arrester Market Competitive Benchmarking

33. Global Surge Arrester Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Surge Arrester Market

35. Surge Arrester Market Future Outlook and Potential Analysis

35.1 Surge Arrester Market In 2028 - Countries Offering Most New Opportunities

35.2 Surge Arrester Market In 2028 - Segments Offering Most New Opportunities

35.3 Surge Arrester Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Surge Arrester Market, Segmentation By Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Surge Arrester Market, Segmentation By Voltage Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Surge Arrester Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Surge Arrester Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: Asia-Pacific, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: China, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: India, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Japan, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Australia, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: Indonesia, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: South Korea, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Western Europe, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: UK, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: Germany, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: France, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Italy, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Spain, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Eastern Europe, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: Russia, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: North America, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: USA, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: Canada, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: South America, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Brazil, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Middle East, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Africa, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: Siemens Energy Financial Performance

Table 77: General Electric Financial Performance

Table 78: Schneider Electric Financial Performance

Table 79: Hubbell Financial Performance

Table 80: Hitachi Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Surge Arrester Market, Segmentation By Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Surge Arrester Market, Segmentation By Voltage Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Surge Arrester Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Surge Arrester Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: Asia-Pacific, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: China, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: India, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Japan, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Australia, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: Indonesia, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: South Korea, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Western Europe, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: UK, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: Germany, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: France, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Italy, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Spain, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Eastern Europe, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: Russia, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: North America, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: USA, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: Canada, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: South America, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Brazil, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Middle East, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Surge Arrester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Surge Arrester Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Africa, Surge Arrester Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: Siemens Energy Financial Performance

Figure 77: General Electric Financial Performance

Figure 78: Schneider Electric Financial Performance

Figure 79: Hubbell Financial Performance

Figure 80: Hitachi Financial Performance

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Frequently Asked Questions

What is the definition of the surge arrester market?

How will the surge arrester market drivers and restraints affect the surge arrester market dynamics? What forces will shape the surge arrester industry going forward?

The surge arrester market major growth driver - Rising Global Electricity Demand Fuels Growth In The Surge Arrester Market. For further insights on the surge arrester market, request a sample here

What is the forecast market size or the forecast market value of the surge arrester market?

The surge arrester market size has grown strongly in recent years. It will grow from $2.12 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to the rise in power consumption, increasing government investments to support energy infrastructure, strong economic growth in emerging markets and increasing investments in transmission and distribution (t&d) networks.. The surge arrester market size is expected to see strong growth in the next few years. It will grow to $3.05 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to the increasing demand for electricity, growing investments in renewable energy and rapid industrialization and growth in manufacturing industries. Major trends in the forecast period include focus on developing new technological solutions, focus on launching iot (internet of things) connected devices and solutions, focus on expanding production facilities and focus on mergers and acquisitions.. For further insights on the surge arrester market, request a sample here

How is the surge arrester market segmented?

The surge arrester market is segmented
1) By Type: Polymeric, Porcelain
2) By Voltage Type: Low Voltage Surge Arresters, Medium Voltage Surge Arresters, High Voltage Surge Arresters
3) By End-User: Utilities, Industries, Transportation, Other End-Users
4) By Application: AIS (Air Insulated Switchgear), GIS (Gas Insulated Switchgear)
5) By Class: Distribution Class, Intermediate Class, Station ClassFor further insights on the surge arrester market, request a sample here

Which region has the largest share of the surge arrester market? What are the other regions covered in the report?

North America was the largest region in the surge arresters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surge arrester market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the surge arrester market, request a sample here.

Who are the major players in the surge arrester market?

What are the key trends in the surge arrester market?

Major trend in the surge arrester market - Hitachi Abb Power Grids Pioneers Grid Resilience With Innovative Wireless Spark Prevention Unit. For further insights on the surge arrester market, request a sample here.

What are the major opportunities in the surge arrester market? What are the strategies for the surge arrester market?

For detailed insights on the major opportunities and strategies in the surge arrester market, request a sample here.

How does the surge arrester market relate to the overall economy and other similar markets?

For detailed insights on surge arrester market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the surge arrester industry?

For detailed insights on the mergers and acquisitions in the surge arrester industry, request a sample here.

What are the key dynamics influencing the surge arrester market growth? SWOT analysis of the surge arrester market.

For detailed insights on the key dynamics influencing the surge arrester market growth and SWOT analysis of the surge arrester industry, request a sample here.