The global surge arrester market is expected to reach $1.9 billion by 2025 from $1.5 billion in 2020 at a CAGR of 4% over the forecast period. The growing demand for power at APAC and the growing interest in renewable energy installation capacity is encouraging utility companies to invest in electricity transmission and distribution networks and electricity projects. These investments are expected to generate demand for the surge arrester market, along with investments to replace aging electrical infrastructure in North America and Europe.
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Company Profile
The major key player in global surge arrester markets are Siemens (Germany), GE Oil & Gas (U.S.), Hubbell (U.S.), Schneider Electric (France), Mitsubishi Electric (Japan), CG Power (India), NGK Insulators (Japan), ABB (Switzerland), Eaton (Republic of Ireland), Legrand S.A (France), Emerson Electric (U.S.), HAKEL spol. S r. (Czech Republic), Vertiv. (U.S.), TE Connectivity (Switzerland), Lamco (India), leviton manufacturing (U.S.), Raycap Corporation SA (U.S.), etc.
Market Segmentation
Surge Arrester Market Key Segments:
By Type
- Polymeric
- Porcelain
By End User
- Utilities
- Industries
- Transportation
By Application
- Ais
- Gis
By Voltage
- Medium Voltage
- High Voltage
- Extra High Voltage
By Class
- Distribution Class
- Intermediate Class
- Station Class
Scope of the Report
The research study analyzes the global Surge Arrester industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Surge Arrester Market Report
1. What was the Surge Arrester Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Surge Arrester Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Surge Arrester Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Surge Arrester market.
- The market share of the global Surge Arrester market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Surge Arrester market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Surge Arrester market.
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