The Surge Arrester Market size was estimated at USD 1.13 billion in 2022 and expected to reach USD 1.18 billion in 2023, at a CAGR 5.10% to reach USD 1.68 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Surge Arrester Market.

  • Based on Voltage, market is studied across High Voltage, Low Voltage, and Medium Voltage. The High Voltage commanded largest market share of 52.95% in 2022, followed by Medium Voltage.

  • Based on Type, market is studied across Polymeric and Porcelain. The Porcelain commanded largest market share of 64.02% in 2022, followed by Polymeric.

  • Based on Class, market is studied across Distribution Class, Intermediate Class, and Station Class. The Station Class commanded largest market share of 42.49% in 2022, followed by Distribution Class.

  • Based on End User, market is studied across Industries, Transportation, and Utilities. The Utilities commanded largest market share of 53.66% in 2022, followed by Industries.

  • Based on Application, market is studied across AIS and GIS. The AIS commanded largest market share of 63.52% in 2022, followed by GIS.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.47% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Surge Arrester Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Surge Arrester Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Surge Arrester Market, highlighting leading vendors and their innovative profiles. These include ABB Limited, CG Power and Industrial Solutions Ltd., DEHN SE, Eaton Corporation PLC, Elektrolites (Power) Pvt. Ltd., Elpro International Ltd., Emerson Electric Co., Ensto Oy, General Electric Company, HAKEL spol. s ro, Hitachi Energy Ltd., HM Corporation, Hubbell Incorporated, Legrand S.A., Leviton Manufacturing Co., Inc., Meidensha Corporation, Mitsubishi Material Corporation, Oblum Electrical Industries Private Limited, Schneider Electric SE, Siemens AG, TE Connectivity Ltd., Toshiba Corporation, and Zhejiang Haivo Electrical Co., Ltd..

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the Surge Arrester Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Surge Arrester Market?
  3. What is the competitive strategic window for identifying opportunities in the Surge Arrester Market?
  4. What are the latest technology trends and regulatory frameworks in the Surge Arrester Market?
  5. What is the market share of the leading vendors in the Surge Arrester Market?
  6. Which modes and strategic moves are suitable for entering the Surge Arrester Market?