The global surge arrester market grew from $1,670.9 million in 2017 to $1,947.5 million in 2022 at a compound annual growth rate (CAGR) of 3.1%. The market is expected to grow from $1,947.5 million in 2022 to $2,632.2 million in 2027 at a CAGR of 6.2%. The market is expected to grow to $3,450 million in 2032 at a CAGR of 5.6%.
Growth in the historic period resulted from 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.
Going forward, the increasing demand for electricity, growing investments in renewable energy and rapid industrialization and growth in manufacturing industries will drive the market growth. Factors that could hinder the growth of the surge arrester market in the future include the Russia-Ukraine war and stringent environmental regulations.
The surge arrester market is segmented by type into polymeric and porcelain. The polymeric market was the largest segment of the surge arrester market segmented by type, accounting for 73.4% of the total in 2022. Going forward, the polymeric market is expected to be the fastest growing segment in the surge arrester market segmented by type, at a CAGR of 6.3% during 2022-2027.
The surge arrester market is segmented by end-user into utilities, industries, transportation and other end-users. The utilities market was the largest segment of the surge arrester market segmented by end-user, accounting for 58.4% of the total in 2022. Going forward, the utilities market is expected to be the fastest growing segment in the surge arrester market segmented by end-user, at a CAGR of 6.3% during 2022-2027.
The surge arrester market is segmented by voltage type into low voltage surge arresters, medium voltage surge arresters and high voltage surge arresters. The high voltage surge arresters market was the largest segment of the surge arrester market segmented by voltage type, accounting for 43.2% of the total in 2022. Going forward, the low voltage surge arresters market is expected to be the fastest growing segment in the surge arrester market segmented by voltage type, at a CAGR of 6.4% during 2022-2027.
The surge arrester market is segmented by application into AIS (air insulated switchgear) and GIS (gas insulated switchgear). The GIS market was the largest segment of the surge arrester market segmented by application, accounting for 56.2% of the total in 2022. Going forward, the GIS market is expected to be the fastest growing segment in the surge arrester market segmented by application, at a CAGR of 6.3% during 2022-2027.
The surge arrester market is segmented by class into distribution class, intermediate class and station class. The distribution class market was the largest segment of the surge arrester market segmented by class, accounting for 48.2% of the total in 2022. Going forward, the station class market is expected to be the fastest growing segment in the surge arrester market segmented by class, at a CAGR of 6.6% during 2022-2027.
Asia-Pacific was the largest region in the surge arrester market, accounting for 32.0% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the surge arrester market will be Eastern Europe and Western Europe, where growth will be at CAGRs of 6.9% and 6.6% respectively. These will be followed by Asia-Pacific and Africa, where the markets are expected to grow at CAGRs of 6.4% and 6.1% respectively.
The global surge arrester market is concentrated, with a few large players. The top ten competitors in the market made up to 48.57% of the total market in 2021. Siemens Energy was the largest competitor with 11.75% share of the market, followed by General Electric with 8.28%, Schneider Electric with 7.04%, Hubbell with 4.52%, Hitachi with 4.50%, CG Power and Industrial Solutions Ltd with 3.77%, Mitsubishi Electric with 3.17%, Legrand SA with 2.22%, Eaton Corporation PLC with 1.85% and Meidensha with 1.49%.
The top growth potential in the surge arrester market by type will arise in the polymeric segment, which will gain $510.9 million of global annual sales by 2027. The top growth potential in the surge arrester market by end-user will arise in the utilities segment, which will gain $409.2 million of global annual sales by 2027. The top growth potential in the surge arrester market by voltage type will arise in the high voltage surge arresters segment, which will gain $295.6 million of global annual sales by 2027. The top growth potential in the surge arrester market by application will arise in the GIS segment, which will gain $392.5 million of global annual sales by 2027. The top growth potential in the surge arrester market by class will arise in the distribution class segment, which will gain $320.1 million of global annual sales by 2027. The surge arrester market size will gain the most in the USA at $145.2 million.
Market-trend-based strategies for the surge arrester market 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.
Player-adopted strategies in the surge arrester market include strengthening business operations through securing new projects and expanding operational capabilities through business expansions.
To take advantage of the opportunities, the publisher recommends the surge arrester companies to focus on internet of things (IOT) connected surge protectors, focus on new technology development, expand in emerging markets, continue to focus on developed countries, focus on business expansion, provide competitively priced offerings, continue to use B2B promotions, participate in trade shows and events, continue to target fast-growing end-users.
This report describes and explains the surge arrester market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
Growth in the historic period resulted from 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.
Going forward, the increasing demand for electricity, growing investments in renewable energy and rapid industrialization and growth in manufacturing industries will drive the market growth. Factors that could hinder the growth of the surge arrester market in the future include the Russia-Ukraine war and stringent environmental regulations.
The surge arrester market is segmented by type into polymeric and porcelain. The polymeric market was the largest segment of the surge arrester market segmented by type, accounting for 73.4% of the total in 2022. Going forward, the polymeric market is expected to be the fastest growing segment in the surge arrester market segmented by type, at a CAGR of 6.3% during 2022-2027.
The surge arrester market is segmented by end-user into utilities, industries, transportation and other end-users. The utilities market was the largest segment of the surge arrester market segmented by end-user, accounting for 58.4% of the total in 2022. Going forward, the utilities market is expected to be the fastest growing segment in the surge arrester market segmented by end-user, at a CAGR of 6.3% during 2022-2027.
The surge arrester market is segmented by voltage type into low voltage surge arresters, medium voltage surge arresters and high voltage surge arresters. The high voltage surge arresters market was the largest segment of the surge arrester market segmented by voltage type, accounting for 43.2% of the total in 2022. Going forward, the low voltage surge arresters market is expected to be the fastest growing segment in the surge arrester market segmented by voltage type, at a CAGR of 6.4% during 2022-2027.
The surge arrester market is segmented by application into AIS (air insulated switchgear) and GIS (gas insulated switchgear). The GIS market was the largest segment of the surge arrester market segmented by application, accounting for 56.2% of the total in 2022. Going forward, the GIS market is expected to be the fastest growing segment in the surge arrester market segmented by application, at a CAGR of 6.3% during 2022-2027.
The surge arrester market is segmented by class into distribution class, intermediate class and station class. The distribution class market was the largest segment of the surge arrester market segmented by class, accounting for 48.2% of the total in 2022. Going forward, the station class market is expected to be the fastest growing segment in the surge arrester market segmented by class, at a CAGR of 6.6% during 2022-2027.
Asia-Pacific was the largest region in the surge arrester market, accounting for 32.0% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the surge arrester market will be Eastern Europe and Western Europe, where growth will be at CAGRs of 6.9% and 6.6% respectively. These will be followed by Asia-Pacific and Africa, where the markets are expected to grow at CAGRs of 6.4% and 6.1% respectively.
The global surge arrester market is concentrated, with a few large players. The top ten competitors in the market made up to 48.57% of the total market in 2021. Siemens Energy was the largest competitor with 11.75% share of the market, followed by General Electric with 8.28%, Schneider Electric with 7.04%, Hubbell with 4.52%, Hitachi with 4.50%, CG Power and Industrial Solutions Ltd with 3.77%, Mitsubishi Electric with 3.17%, Legrand SA with 2.22%, Eaton Corporation PLC with 1.85% and Meidensha with 1.49%.
The top growth potential in the surge arrester market by type will arise in the polymeric segment, which will gain $510.9 million of global annual sales by 2027. The top growth potential in the surge arrester market by end-user will arise in the utilities segment, which will gain $409.2 million of global annual sales by 2027. The top growth potential in the surge arrester market by voltage type will arise in the high voltage surge arresters segment, which will gain $295.6 million of global annual sales by 2027. The top growth potential in the surge arrester market by application will arise in the GIS segment, which will gain $392.5 million of global annual sales by 2027. The top growth potential in the surge arrester market by class will arise in the distribution class segment, which will gain $320.1 million of global annual sales by 2027. The surge arrester market size will gain the most in the USA at $145.2 million.
Market-trend-based strategies for the surge arrester market 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.
Player-adopted strategies in the surge arrester market include strengthening business operations through securing new projects and expanding operational capabilities through business expansions.
To take advantage of the opportunities, the publisher recommends the surge arrester companies to focus on internet of things (IOT) connected surge protectors, focus on new technology development, expand in emerging markets, continue to focus on developed countries, focus on business expansion, provide competitively priced offerings, continue to use B2B promotions, participate in trade shows and events, continue to target fast-growing end-users.
This report describes and explains the surge arrester market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
Table of Contents
1. Executive Summary2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Surge Arrester Market Definition and Segmentations
6.4. Market Segmentation By Type
6.4.1. Polymeric
6.4.2. Porcelain
6.5. Market Segmentation By End-User
6.5.1. Utilities
6.5.2. Industries
6.5.3. Transportation
6.5.4. Other End-Users
6.6. Market Segmentation By Voltage Type
6.6.1. Low Voltage Surge Arresters
6.6.2. Medium Voltage Surge Arresters
6.6.3. High Voltage Surge Arresters
6.7. Market Segmentation By Application
6.7.1. AIS
6.7.2. GIS
6.8. Market Segmentation By Class
6.8.1. Distribution Class
6.8.2. Intermediate Class
6.8.3. Station Class
7. Major Market Trends
7.1. New Technology Development
7.2. Internet Of Things (IoT) Connected Surge Protectors
7.3. Production Facility Expansion
7.4. Increase In Merger And Acquisition Activities
8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
8.2.1. Market Drivers 2017 - 2022
8.2.2. Market Restraints 2017 - 2022
8.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
8.3.1. Market Drivers 2022 - 2027
8.3.2. Market Restraints 2022 - 2027
9. Global Surge Arrester Market Segmentation
9.1. Global Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.2. Global Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.3. Global Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.4. Global Surge Arrester Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.5. Global Surge Arrester Market, Segmentation By Class, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10. Surge Arrester Market, Regional and Country Analysis
10.1. Global Surge Arrester Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10.2. Global Surge Arrester Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.4. Asia-Pacific Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.5. Asia-Pacific Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.6. Asia-Pacific Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.7. Asia-Pacific Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.8. Asia-Pacific Surge Arrester Market: Country Analysis
11.9. China Market
11.10. Summary
11.11. Market Overview
11.11.1. Country Information
11.11.2. Market Information
11.11.3. Background Information
11.11.4. Government Initiatives
11.11.5. Regulations
11.11.6. Regulatory Bodies
11.11.7. Major Associations
11.11.8. Taxes Levied
11.11.9. Corporate Tax Structure
11.11.10. Investments
11.11.11. Major Companies
11.12. China Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.13. China Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.14. China Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.15. China Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.16. China Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.17. India Market
11.18. India Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.19. India Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.20. India Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.21. India Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.22. India Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.23. Japan Market
11.24. Japan Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.25. Japan Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.26. Japan Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.27. Japan Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.28. Japan Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.29. Australia Market
11.30. Australia Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.31. Australia Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.32. Australia Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.33. Australia Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.34. Australia Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.35. Indonesia Market
11.36. Indonesia Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.37. Indonesia Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.38. Indonesia Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.39. Indonesia Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.40. Indonesia Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.41. South Korea Market
11.42. South Korea Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.43. South Korea Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.44. South Korea Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.45. South Korea Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.46. South Korea Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes levied
12.2.9. Corporate tax structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.4. Western Europe Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.5. Western Europe Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.6. Western Europe Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.7. Western Europe Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.8. Western Europe Surge Arrester Market: Country Analysis
12.9. UK Market
12.10. UK Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.11. UK Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.12. UK Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.13. UK Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.14. UK Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.15. Germany Market
12.16. Germany Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.17. Germany Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.18. Germany Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.19. Germany Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.20. Germany Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.21. France Market
12.22. France Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.23. France Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.24. France Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.25. France Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.26. France Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.4. Eastern Europe Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.5. Eastern Europe Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.6. Eastern Europe Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.7. Eastern Europe Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.8. Eastern Europe Surge Arrester Market: Country Analysis
13.9. Russia Market
13.10. Russia Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.11. Russia Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.12. Russia Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.13. Russia Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.14. Russia Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.4. North America Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.5. North America Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.6. North America Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.7. North America Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.8. North America Surge Arrester Market: Country Analysis
14.9. USA Market
14.10. Summary
14.11. Market Overview
14.11.1. Country Information
14.11.2. Market Information
14.11.3. Background Information
14.11.4. Government Initiatives
14.11.5. Regulations
14.11.6. Major Associations
14.11.7. Taxes Levied
14.11.8. Corporate Tax Structure
14.11.9. Investments
14.11.10. Major Companies
14.12. USA Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.13. USA Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.14. USA Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.15. USA Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.16. USA Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.4. South America Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.5. South America Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.6. South America Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.7. South America Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.8. South America Surge Arrester Market: Country Analysis
15.9. Brazil Market
15.10. Brazil Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.11. Brazil Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.12. Brazil Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.13. Brazil Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.14. Brazil Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.4. Middle East Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.5. Middle East Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.6. Middle East Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.7. Middle East Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Surge Arrester Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.4. Africa Surge Arrester Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.5. Africa Surge Arrester Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.6. Africa Surge Arrester Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.7. Africa Surge Arrester Market, Segmentation By Voltage Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
18. Competitive Landscape and Company Profiles
19. Company Profiles
19.1. Siemens Energy AG
19.1.1. Company Overview
19.1.2. Products And Services
19.1.3. Business Strategy
19.1.4. Financial Overview
19.2. General Electric Company
19.2.1. Company Overview
19.2.2. Products And Services
19.2.3. Financial Overview
19.3. Schneider Electric SE
19.3.1. Company Overview
19.3.2. Products And Services
19.3.3. Financial Overview
19.4. Hubbell Incorporated
19.4.1. Company Overview
19.4.2. Products And Services
19.4.3. Financial Overview
19.5. Hitachi, Ltd
19.5.1. Company Overview
19.5.2. Products And Services
19.5.3. Business Strategy
19.5.4. Financial Overview
20. Key Mergers And Acquisitions
20.1. Schneider Electric Acquired Auto Grid
20.2. Eaton Acquired Royal Power Solutions
20.3. GE Digital Acquired Opus One Solutions
20.4. Legrand Acquired Ecotap
20.5. Leviton Acquired Berk-Tek
20.6. Hubbell Acquired Beckwith Electric
20.7. Tube Investments of India Acquired CG Power and Industrial Solutions Limited
20.8. Hitachi Ltd Acquired ABB Power Grids
20.9. Meiden Asia Acquired Vietstar
21. Opportunities And Strategies
21.1. Global Surge Arrester Market In 2027 - Countries Offering Most New Opportunities
21.2. Global Surge Arrester Market In 2027 - Segments Offering Most New Opportunities
21.3. Global Surge Arrester Market In 2027 - Growth Strategies
21.3.1. Market Trend Based Strategies
21.3.2. Competitor Strategies
22. Surge Arrester Market, Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
22.2.1. Product
22.2.2. Place
22.2.3. Price
22.2.4. Promotion
22.2.5. People
23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. About the Publisher
23.5. Copyright and Disclaimer
Executive Summary
Surge Arrester Global Market Opportunities And Strategies To 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global surge arrester market as it emerges from the COVID 19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider surge arrester market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics
- Key Trends
- Global Market Size and Growth
- Regional Analysis
- Market Segmentation
- Regional Market Size and Growth
- Competitive Landscape
- Key Mergers and Acquisitions
- Market Opportunities And Strategies
- Conclusions And Recommendations
- Appendix
Scope
Markets Covered
1) By Type: Polymeric; Porcelain2) 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
Companies Mentioned: Siemens Energy; General Electric; Schneider Electric; Hubbell; Hitachi
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; surge arrester indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Siemens Energy
- General Electric
- Schneider Electric
- Hubbell
- Hitachi
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 296 |
| Published | February 2023 |
| Forecast Period | 2022 - 2032 |
| Estimated Market Value ( USD | $ 1947.5 Million |
| Forecasted Market Value ( USD | $ 3450 Million |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
