Surge Arrester MarketSurge Arrester Market Navigating Dynamics Comprehensive Analysis and Forecasts 2024-2032
Surge Arrester Market by Type (Porcelain, Polymeric), by Class (Station Class, Intermediate Class, Distribution Class), by Voltage Level (High, Medium, Low), by Application (Utility, Industrial), by North America (U.S., Canada) Forecast 2024-2032
Base Year: 2023
150 Pages
Surge Arrester Market Navigating Dynamics Comprehensive Analysis and Forecasts 2024-2032
Key Insights
The Surge Arrester Market size was valued at USD 1.74 USD Billion in 2023 and is projected to reach USD 2.51 USD Billion by 2032, exhibiting a CAGR of 5.4 % during the forecast period. Surge arrester is defined as an electrical device which is used to protect the electrical power systems from voltages which are abnormal or temporary such as, lightning currents, switching operations, etc. The main use is in electrical power systems where it offers protection to the lines against short term voltage surges by diverting larger current flow away from critical devices. Types of surge arresters, such as MOVs, GDT and silicon avalanche diodes. They are made of a metal oxide disc, the outer casing and terminal ends that allows the disc to be connected. Some advantages that are associated with surge arresters include protection of electrical equipment from being damaged, less time is spent offline, and the system has more reliability than before. Current market tendencies insensitively exhibit increased requirement of more effective surge arresters like typically higher power rating capacities and faster reaction times in the developed electrical systems.
Surge Arrester Trends
- Increasing adoption of smart grids and renewable energy sources
- Growing infrastructure investments in developing countries
- Technological advancements, such as composite insulators and dry-type arresters
Driving Forces: What's Propelling the Surge Arrester Market
- Rising Electrical Infrastructure Investments: Governments and utilities are investing heavily in upgrading and expanding power grids to meet surging energy demand, creating a conducive environment for surge arrester market growth.
- Increased Power System Complexity: Modern power systems have grown more complex due to the integration of renewable energy sources and distributed generation. This complexity introduces challenges that surge arresters are designed to address, protecting sensitive equipment and ensuring system stability.
- Enhancing Power Quality and Reliability: Surge arresters play a critical role in protecting sensitive electrical equipment from voltage spikes and surges. By safeguarding against these disturbances, surge arresters enhance power quality and ensure reliable operation of electrical systems, increasing their adoption across various industries.
Challenges and Restraints in Surge Arrester Market
- High Installation and Maintenance Costs: Surge arresters can be expensive to install and maintain, especially in large-scale power distribution networks.
- Lack of Awareness: In some emerging markets, the importance of surge protection is not fully understood, limiting market penetration.
- Environmental Concerns: The disposal of surge arresters requires proper waste management practices to avoid environmental hazards.
Emerging Trends in Surge Arrester
- Smart Surge Arresters: Advancements in communication and control technologies are enabling smart surge arresters with remote monitoring and fault detection capabilities.
- Composite Insulators: The use of composite insulators in surge arresters provides improved performance and reliability compared to traditional porcelain insulators.
- Dry-Type Surge Arresters: Dry-type surge arresters are gaining popularity due to their low maintenance requirements and environmental benefits.
Growth Catalysts in Surge Arrester Industry
- Growing Demand from Utility and Industrial Sectors: Utilities and industries rely heavily on surge arresters to protect their sensitive electrical infrastructure. The expansion of industries and the растущий demand for reliable power supply are key growth drivers for the surge arrester market.
- Government Regulations: Governments are implementing stricter regulations to ensure power system reliability and safety, driving demand for surge arresters. These regulations mandate the use of surge arresters in various applications, creating a favorable market environment.
- Technological Innovations: Ongoing research and development are leading to new and improved surge arrester technologies, enhancing their performance and efficiency. These innovations include advancements in materials, designs, and manufacturing processes, which are expected to further accelerate market growth.
Market Segmentation: Surge Arrester Analysis
Type:
- Porcelain
- Polymeric
Class:
- Station Class
- Intermediate Class
- Distribution Class
Voltage Level:
- High
- Medium
- Low
Application:
- Utility
- Industrial
Leading Players in the Surge Arrester Market
- Hitachi ABB (Switzerland)
- Siemens (Germany)
- Schneider Electric (France)
- General Electric (U.S.)
- Eaton (Ireland)
- Mitsubishi Electric (Japan)
- Toshiba (Japan)
- Hubbell (U.S.)
- Legrand (France)
- CG Power (India)
- Meidensha (Japan)
- Tripp Lite (U.S.)
Significant Developments in Surge Arrester Sector
- Hitachi ABB introduced its PowerShield Surge Arresters, offering advanced protection for high-voltage power systems, increasing reliability and reducing downtime.
- Schneider Electric acquired KBS Group, expanding its portfolio of electrical distribution products, including surge arresters. This acquisition strengthens Schneider Electric's position in the surge arrester market.
- General Electric launched its next-generation MaxGuard Surge Arresters, designed for superior performance and reliability. These surge arresters incorporate innovative technologies to provide enhanced protection against electrical disturbances.
Comprehensive Coverage Surge Arrester Market Report
- Market Size and Forecast (2021-2028)
- Market Segmentation and Analysis
- Competitive Landscape
- Key Industry Trends and Developments
- Growth Drivers and Challenges
- Regional Market Analysis
- Company Profiles and Financial Data
- Technology Analysis
- Pestle Analysis
- Porter's Five Force Analysis
- BCG Matrix
- Import & Export Analysis
- Production & Consumption
- Regulatory Landscape
Regional Insight
- North America: Largest market share due to advanced power grids and stringent regulations.
- Europe: Significant growth potential from modernization of power distribution networks.
- Asia-Pacific: Rapidly growing market driven by infrastructure investments and industrial development.
- South America: Growing demand from emerging economies.
- Middle East and Africa: Increasing investments in power generation and distribution infrastructure.
Technology Analysis
- Advanced composite materials for improved insulation and durability
- Development of dry-type surge arresters with low maintenance requirements
- Integration of smart technologies for remote monitoring and fault detection
Pestle Analysis
- Political: Government regulations on power system reliability and safety
- Economic: Economic growth and infrastructure investments
- Social: Increased awareness of power quality and safety
- Technological: Advancements in surge arrester technologies
- Legal: Environmental regulations and waste management practices
- Environmental: Sustainability initiatives and disposal of surge arresters
Porter's Five Force Analysis
- Threat of New Entrants: Moderate due to high capital investment and technological barriers.
- Bargaining Power of Buyers: Moderate to high due to the presence of large utilities and industrial customers.
- Bargaining Power of Suppliers: Low to moderate due to the availability of multiple suppliers and raw materials.
- Threat of Substitutes: Low due to the lack of viable alternatives for surge protection.
- Industry Rivalry: Strong due to the presence of established global players and regional competitors.
BCG Matrix
- Stars: Hitachi ABB, Siemens, Schneider Electric
- Cash Cows: Eaton, Mitsubishi Electric, Toshiba
- Question Marks: Hubbell, Legrand, CG Power
- Dogs: Meidensha, Tripp Lite
Import & Export Analysis
- Major importers: China, India, Brazil
- Major exporters: Japan, Germany, United States
Production & Consumption
- Leading producers: Japan, United States, China
- Top consumers: China, United States, India
Regulatory Landscape
- IEEE (Institute of Electrical and Electronics Engineers) standards for surge arrester design and testing
- IEC (International Electrotechnical Commission) standards for safety and performance
- Regional regulations on environmental and waste management practices
Surge Arrester Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 5.4% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Focus on Safety and Organization to Fuel Market Growth
- 3.3. Market Restrains
- 3.3.1. Growing Competition From The Unorganized Players Hampering The Market Growth
- 3.4. Market Trends
- 3.4.1. Growth of IT Infrastructure to Bolster the Demand for Modern Cable Tray Management Solutions
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Surge Arrester Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Porcelain
- 5.1.2. Polymeric
- 5.2. Market Analysis, Insights and Forecast - by Class
- 5.2.1. Station Class
- 5.2.2. Intermediate Class
- 5.2.3. Distribution Class
- 5.3. Market Analysis, Insights and Forecast - by Voltage Level
- 5.3.1. High
- 5.3.2. Medium
- 5.3.3. Low
- 5.4. Market Analysis, Insights and Forecast - by Application
- 5.4.1. Utility
- 5.4.2. Industrial
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. North America
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America Surge Arrester Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Type
- 6.1.1 Porcelain
- 6.1.2 Polymeric
- 6.2. Market Analysis, Insights and Forecast - By Class
- 6.2.1 Station Class
- 6.2.2 Intermediate Class
- 6.2.3 and Distribution Class
- 6.3. Market Analysis, Insights and Forecast - By Voltage Level
- 6.3.1 High
- 6.3.2 Medium and Low
- 6.4. Market Analysis, Insights and Forecast - By Application
- 6.4.1. Utility and Industrial
- 6.5. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.5.1 United States
- 6.5.2 Canada
- 6.5.3 Mexico
- 6.5.4 Rest of North America
- 7. Middle East & Africa Surge Arrester Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Type
- 7.1.1 Porcelain
- 7.1.2 Polymeric
- 7.2. Market Analysis, Insights and Forecast - By Class
- 7.2.1 Station Class
- 7.2.2 Intermediate Class
- 7.2.3 and Distribution Class
- 7.3. Market Analysis, Insights and Forecast - By Voltage Level
- 7.3.1 High
- 7.3.2 Medium and Low
- 7.4. Market Analysis, Insights and Forecast - By Application
- 7.4.1. Utility and Industrial
- 7.5. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.5.1 UAE
- 7.5.2 South Africa
- 7.5.3 Saudi Arabia
- 7.5.4 Rest of MEA
- 8. Asia Pacific Surge Arrester Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Type
- 8.1.1 Porcelain
- 8.1.2 Polymeric
- 8.2. Market Analysis, Insights and Forecast - By Class
- 8.2.1 Station Class
- 8.2.2 Intermediate Class
- 8.2.3 and Distribution Class
- 8.3. Market Analysis, Insights and Forecast - By Voltage Level
- 8.3.1 High
- 8.3.2 Medium and Low
- 8.4. Market Analysis, Insights and Forecast - By Application
- 8.4.1. Utility and Industrial
- 8.5. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.5.1 China
- 8.5.2 Japan
- 8.5.3 India
- 8.5.4 South Korea
- 8.5.5 Taiwan
- 8.5.6 Australia
- 8.5.7 Rest of Asia-Pacific
- 9. Europe Surge Arrester Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Type
- 9.1.1 Porcelain
- 9.1.2 Polymeric
- 9.2. Market Analysis, Insights and Forecast - By Class
- 9.2.1 Station Class
- 9.2.2 Intermediate Class
- 9.2.3 and Distribution Class
- 9.3. Market Analysis, Insights and Forecast - By Voltage Level
- 9.3.1 High
- 9.3.2 Medium and Low
- 9.4. Market Analysis, Insights and Forecast - By Application
- 9.4.1. Utility and Industrial
- 9.5. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.5.1 Germany
- 9.5.2 France
- 9.5.3 Italy
- 9.5.4 United Kingdom
- 9.5.5 Netherlands
- 9.5.6 Rest of Europe
- 10. South America Surge Arrester Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Type
- 10.1.1 Porcelain
- 10.1.2 Polymeric
- 10.2. Market Analysis, Insights and Forecast - By Class
- 10.2.1 Station Class
- 10.2.2 Intermediate Class
- 10.2.3 and Distribution Class
- 10.3. Market Analysis, Insights and Forecast - By Voltage Level
- 10.3.1 High
- 10.3.2 Medium and Low
- 10.4. Market Analysis, Insights and Forecast - By Application
- 10.4.1. Utility and Industrial
- 10.5. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.5.1 Brazil
- 10.5.2 Argentina
- 10.5.3 Rest of South America
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 Hitachi ABB (Switzerland)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Siemens (Germany)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Schneider Electric (France)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 General Electric (U.S.)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Eaton (Ireland)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Mitsubishi Electric (Japan)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Toshiba (Japan)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Hubbell (U.S.)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Legrand (France)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 CG Power (India)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Meidensha (Japan)
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Tripp Lite (U.S.)
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.1 Hitachi ABB (Switzerland)
List of Figures
- Figure 1: Global Surge Arrester Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
- Figure 2: Global Surge Arrester Market Revenue (USD Billion), by Type 2023 & 2031
- Figure 3: Global Surge Arrester Market Revenue Share (%), by Type 2023 & 2031
- Figure 4: Global Surge Arrester Market Forecast (USD Billion), by Porcelain 2020 & 2031
- Figure 5: Global Surge Arrester Market Forecast (USD Billion), by Polymeric 2020 & 2031
- Figure 6: Global Surge Arrester Market Revenue (USD Billion), by Class 2023 & 2031
- Figure 7: Global Surge Arrester Market Revenue Share (%), by Class 2023 & 2031
- Figure 8: Global Surge Arrester Market Forecast (USD Billion), by Station Class 2020 & 2031
- Figure 9: Global Surge Arrester Market Forecast (USD Billion), by Intermediate Class 2020 & 2031
- Figure 10: Global Surge Arrester Market Forecast (USD Billion), by Distribution Class 2020 & 2031
- Figure 11: Global Surge Arrester Market Revenue (USD Billion), by Voltage Level 2023 & 2031
- Figure 12: Global Surge Arrester Market Revenue Share (%), by Voltage Level 2023 & 2031
- Figure 13: Global Surge Arrester Market Forecast (USD Billion), by High 2020 & 2031
- Figure 14: Global Surge Arrester Market Forecast (USD Billion), by Medium 2020 & 2031
- Figure 15: Global Surge Arrester Market Forecast (USD Billion), by Low 2020 & 2031
- Figure 16: Global Surge Arrester Market Revenue (USD Billion), by Application 2023 & 2031
- Figure 17: Global Surge Arrester Market Revenue Share (%), by Application 2023 & 2031
- Figure 18: Global Surge Arrester Market Forecast (USD Billion), by Utility 2020 & 2031
- Figure 19: Global Surge Arrester Market Forecast (USD Billion), by Industrial 2020 & 2031
- Figure 20: Global Surge Arrester Market Revenue (USD Billion), by Region 2023 & 2031
- Figure 21: Global Surge Arrester Market Revenue Share (%), by Region 2023 & 2031
- Figure 22: North America Surge Arrester Market Revenue (USD Billion), by Type 2023 & 2031
- Figure 23: North America Surge Arrester Market Revenue Share (%), by Type 2023 & 2031
- Figure 24: North America Surge Arrester Market Revenue (USD Billion), by Class 2023 & 2031
- Figure 25: North America Surge Arrester Market Revenue Share (%), by Class 2023 & 2031
- Figure 26: North America Surge Arrester Market Revenue (USD Billion), by Voltage Level 2023 & 2031
- Figure 27: North America Surge Arrester Market Revenue Share (%), by Voltage Level 2023 & 2031
- Figure 28: North America Surge Arrester Market Revenue (USD Billion), by Application 2023 & 2031
- Figure 29: North America Surge Arrester Market Revenue Share (%), by Application 2023 & 2031
- Figure 30: North America Surge Arrester Market Revenue (USD Billion), by Country 2023 & 2031
- Figure 31: North America Surge Arrester Market Revenue Share (%), by Country 2023 & 2031
- Figure 32: Middle East & Africa Surge Arrester Market Revenue (USD Billion), by Type 2023 & 2031
- Figure 33: Middle East & Africa Surge Arrester Market Revenue Share (%), by Type 2023 & 2031
- Figure 34: Middle East & Africa Surge Arrester Market Revenue (USD Billion), by Class 2023 & 2031
- Figure 35: Middle East & Africa Surge Arrester Market Revenue Share (%), by Class 2023 & 2031
- Figure 36: Middle East & Africa Surge Arrester Market Revenue (USD Billion), by Voltage Level 2023 & 2031
- Figure 37: Middle East & Africa Surge Arrester Market Revenue Share (%), by Voltage Level 2023 & 2031
- Figure 38: Middle East & Africa Surge Arrester Market Revenue (USD Billion), by Application 2023 & 2031
- Figure 39: Middle East & Africa Surge Arrester Market Revenue Share (%), by Application 2023 & 2031
- Figure 40: Middle East & Africa Surge Arrester Market Revenue (USD Billion), by Country 2023 & 2031
- Figure 41: Middle East & Africa Surge Arrester Market Revenue Share (%), by Country 2023 & 2031
- Figure 42: Asia Pacific Surge Arrester Market Revenue (USD Billion), by Type 2023 & 2031
- Figure 43: Asia Pacific Surge Arrester Market Revenue Share (%), by Type 2023 & 2031
- Figure 44: Asia Pacific Surge Arrester Market Revenue (USD Billion), by Class 2023 & 2031
- Figure 45: Asia Pacific Surge Arrester Market Revenue Share (%), by Class 2023 & 2031
- Figure 46: Asia Pacific Surge Arrester Market Revenue (USD Billion), by Voltage Level 2023 & 2031
- Figure 47: Asia Pacific Surge Arrester Market Revenue Share (%), by Voltage Level 2023 & 2031
- Figure 48: Asia Pacific Surge Arrester Market Revenue (USD Billion), by Application 2023 & 2031
- Figure 49: Asia Pacific Surge Arrester Market Revenue Share (%), by Application 2023 & 2031
- Figure 50: Asia Pacific Surge Arrester Market Revenue (USD Billion), by Country 2023 & 2031
- Figure 51: Asia Pacific Surge Arrester Market Revenue Share (%), by Country 2023 & 2031
- Figure 52: Europe Surge Arrester Market Revenue (USD Billion), by Type 2023 & 2031
- Figure 53: Europe Surge Arrester Market Revenue Share (%), by Type 2023 & 2031
- Figure 54: Europe Surge Arrester Market Revenue (USD Billion), by Class 2023 & 2031
- Figure 55: Europe Surge Arrester Market Revenue Share (%), by Class 2023 & 2031
- Figure 56: Europe Surge Arrester Market Revenue (USD Billion), by Voltage Level 2023 & 2031
- Figure 57: Europe Surge Arrester Market Revenue Share (%), by Voltage Level 2023 & 2031
- Figure 58: Europe Surge Arrester Market Revenue (USD Billion), by Application 2023 & 2031
- Figure 59: Europe Surge Arrester Market Revenue Share (%), by Application 2023 & 2031
- Figure 60: Europe Surge Arrester Market Revenue (USD Billion), by Country 2023 & 2031
- Figure 61: Europe Surge Arrester Market Revenue Share (%), by Country 2023 & 2031
- Figure 62: South America Surge Arrester Market Revenue (USD Billion), by Type 2023 & 2031
- Figure 63: South America Surge Arrester Market Revenue Share (%), by Type 2023 & 2031
- Figure 64: South America Surge Arrester Market Revenue (USD Billion), by Class 2023 & 2031
- Figure 65: South America Surge Arrester Market Revenue Share (%), by Class 2023 & 2031
- Figure 66: South America Surge Arrester Market Revenue (USD Billion), by Voltage Level 2023 & 2031
- Figure 67: South America Surge Arrester Market Revenue Share (%), by Voltage Level 2023 & 2031
- Figure 68: South America Surge Arrester Market Revenue (USD Billion), by Application 2023 & 2031
- Figure 69: South America Surge Arrester Market Revenue Share (%), by Application 2023 & 2031
- Figure 70: South America Surge Arrester Market Revenue (USD Billion), by Country 2023 & 2031
- Figure 71: South America Surge Arrester Market Revenue Share (%), by Country 2023 & 2031
- Figure 72: North America Surge Arrester Market Revenue (USD Billion), by Type 2023 & 2031
- Figure 73: North America Surge Arrester Market Revenue Share (%), by Type 2023 & 2031
- Figure 74: North America Surge Arrester Market Revenue (USD Billion), by Class 2023 & 2031
- Figure 75: North America Surge Arrester Market Revenue Share (%), by Class 2023 & 2031
- Figure 76: North America Surge Arrester Market Revenue (USD Billion), by Voltage Level 2023 & 2031
- Figure 77: North America Surge Arrester Market Revenue Share (%), by Voltage Level 2023 & 2031
- Figure 78: North America Surge Arrester Market Revenue (USD Billion), by Application 2023 & 2031
- Figure 79: North America Surge Arrester Market Revenue Share (%), by Application 2023 & 2031
- Figure 80: North America Surge Arrester Market Revenue (USD Billion), by Country 2023 & 2031
- Figure 81: North America Surge Arrester Market Revenue Share (%), by Country 2023 & 2031
List of Tables
- Table 1: Global Surge Arrester Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 2: Global Surge Arrester Market Revenue USD Billion Forecast, by Class 2018 & 2031
- Table 3: Global Surge Arrester Market Revenue USD Billion Forecast, by Voltage Level 2018 & 2031
- Table 4: Global Surge Arrester Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 5: Global Surge Arrester Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 6: Global Surge Arrester Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 7: Global Surge Arrester Market Revenue USD Billion Forecast, by Class 2018 & 2031
- Table 8: Global Surge Arrester Market Revenue USD Billion Forecast, by Voltage Level 2018 & 2031
- Table 9: Global Surge Arrester Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 10: Global Surge Arrester Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 11: Global Surge Arrester Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 12: Global Surge Arrester Market Revenue USD Billion Forecast, by Class 2018 & 2031
- Table 13: Global Surge Arrester Market Revenue USD Billion Forecast, by Voltage Level 2018 & 2031
- Table 14: Global Surge Arrester Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 15: Global Surge Arrester Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 16: United States Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 17: Canada Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 18: Mexico Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 19: Rest of North America Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 20: Global Surge Arrester Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 21: Global Surge Arrester Market Revenue USD Billion Forecast, by Class 2018 & 2031
- Table 22: Global Surge Arrester Market Revenue USD Billion Forecast, by Voltage Level 2018 & 2031
- Table 23: Global Surge Arrester Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 24: Global Surge Arrester Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 25: UAE Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 26: South Africa Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 27: Saudi Arabia Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 28: Rest of MEA Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 29: Global Surge Arrester Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 30: Global Surge Arrester Market Revenue USD Billion Forecast, by Class 2018 & 2031
- Table 31: Global Surge Arrester Market Revenue USD Billion Forecast, by Voltage Level 2018 & 2031
- Table 32: Global Surge Arrester Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 33: Global Surge Arrester Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 34: China Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 35: Japan Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 36: India Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 37: South Korea Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 38: Taiwan Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 39: Australia Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 40: Rest of Asia-Pacific Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 41: Global Surge Arrester Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 42: Global Surge Arrester Market Revenue USD Billion Forecast, by Class 2018 & 2031
- Table 43: Global Surge Arrester Market Revenue USD Billion Forecast, by Voltage Level 2018 & 2031
- Table 44: Global Surge Arrester Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 45: Global Surge Arrester Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 46: Germany Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 47: France Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 48: Italy Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 49: United Kingdom Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 50: Netherlands Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 51: Rest of Europe Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 52: Global Surge Arrester Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 53: Global Surge Arrester Market Revenue USD Billion Forecast, by Class 2018 & 2031
- Table 54: Global Surge Arrester Market Revenue USD Billion Forecast, by Voltage Level 2018 & 2031
- Table 55: Global Surge Arrester Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 56: Global Surge Arrester Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 57: Brazil Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 58: Argentina Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 59: Rest of South America Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 60: Global Surge Arrester Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 61: Global Surge Arrester Market Revenue USD Billion Forecast, by Class 2018 & 2031
- Table 62: Global Surge Arrester Market Revenue USD Billion Forecast, by Voltage Level 2018 & 2031
- Table 63: Global Surge Arrester Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 64: Global Surge Arrester Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 65: U.S. Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 66: Canada Surge Arrester Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 5.4% from 2018-2032 |
| Segmentation |
|
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
About Market Research Forecast
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
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