The global surge arrester market is expected to grow at a CAGR of around 4.6% during 2024-2033. This report on global surge arrester market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global surge arrester market by segmenting the market based on location of material, voltage, class, end user and region. Also, detailed profiles of companies operating in the surge arrester market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• Increased Deployment of Smart Grids
• Rapid Investments in Renewable energy

Market Challenges
• Increased Competition

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Material
• Polymeric
• Porcelain

Market by Voltage Range
• Low
• Medium
• High

Market by Class
• Station Class
• Intermediate Class
• Distribution Class

Market by End User
• Residential
• Commercial
• Industrial

Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa