The surge arrester market report offers a comprehensive breakdown of data categorized by manufacturers, regions, types, and applications, encompassing market status, shares, growth rates, future trends, drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors. It furnishes vital statistics on the market's status for both Global and Regional manufacturers, serving as an invaluable compass for companies and individuals invested in the surge arrester market industry. This market research report serves as a reservoir, delivering current and forthcoming technical and financial insights for the industry's forecasted period.

In addressing critical business queries and challenges, this surge arrester market research report emerges as an indispensable resource, guiding businesses toward informed decisions. By focusing on industry data and realities, it steers businesses in the right direction. Through meticulous analysis, the report scrutinizes the market's current potential and future prospects from multifaceted perspectives. To enhance user experience, all statistical and numerical data within this report are presented in a clear, accessible manner. Moreover, this surge arrester market report incorporates a systematic investment analysis, illuminating forthcoming opportunities for market players.

Data Bridge Market Research analyses that the surge arrester market was valued at USD 1.94 billion in 2021 and is expected to reach USD 3.36 billion by 2029, registering a CAGR of 7.10% during the forecast period of 2022 to 2029.



Surge arresters are hermetically sealed gas discharge tubes which is containing two or three electrodes and properly spaced by insulators and filled with a noble gas. The main application of surge arrester is to offer a conductive path for excessive and unwanted transients, thus preventing the transient voltage and energy from damaging components and equipment and causing harm to people.

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Key Growth Drivers:

Increasing electrification

The rising electrification of conventionally non-electric industry, such as transportation, because of the adoption of electric vehicles upsurge the demand for electricity which is expected to drive the growth rate of the surge arrested market during the forecast period.

Rise in power generation

The increase in power generation is likely to rise the demand for surge arresters in the market. The growing concerns over the depleting energy resources are expected to increase the production of electricity from non-renewable resources which are expected to drive the growth of the surge arresters in the forecast period of 2022-2029.

Apart from this, the growing industrialization in emerging economies is also projected to stimulate the demand for these arresters over the next few years.

The report emphasizes the participation of key entities, notably:

  • Siemens AG (Germany)
  • Hubbell (U.S.)
  • Schneider Electric (France)
  • CG Power & Industrial Solutions Ltd (India)
  • ABB (Switzerland)
  • Legrand S.A (France)
  • Emerson Electric Co. (U.S.)
  • CS Technologies s.r.o (Czech Republic)
  • Vertiv Group Corp. (U.S.)
  • TE Connectivity (Switzerland)
  • Lamco Industries Pvt Ltd (India)
  • Leviton Manufacturing Co., Inc. (U.S.)
  • Raycap (U.S.)
  • General Electric (U.S.)
  • Toshiba Corporation (Japan)

Report Objective:

  • Investigate the surge arrester market, focusing on strategic movements like collaborations, agreements, mergers, and product launches.
  • Explore market diversification avenues such as new products, unexplored regions, recent advancements, and investments in surge arrester market.
  • Streamline initial research efforts by identifying surge arrester market growth, size, key players, and segments, saving valuable time.
  • Highlight pivotal industry trends in the surge arrester market to empower players in devising effective, sustainable strategies.
  • Analyze micro markets for their individual growth trajectories, potential, and contributions to the overall market.
  • Shape or refine business expansion strategies leveraging growth opportunities in both established and emerging markets.

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Key Market Segmentation

Type (Polymeric, porcelain), End User (Utilities, Industries, Transportation), Voltage (Medium Voltage, High Voltage, Extra High Voltage), Class (Distribution Class, Intermediate Class, Station Class), Application (Industrial, Commercial and Residential)

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