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.
A full report of Surge Arrester Market available at: https://www.orionmarketreports.com/surge-arresters-market/10585/
Key Players
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.
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
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
