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Surge Arrester Market by Type (Polymeric, Porcelain), Voltage (Medium, High, Extra-High), Class (Distribution, Intermediate, Station), End-User (Utilities, Industries, Transportation), and Region - Global Forecast to 2023

Surge Arrester Market by Type (Polymeric, Porcelain), Voltage (Medium, High, Extra-High), Class (Distribution, Intermediate, Station), End-User (Utilities, Industries, Transportation), and Region - Global Forecast to 2023

“The surge arrester market is projected to grow at a CAGR of 5.11%, from 2017 to 2022.”
The surge arrester market is projected to grow from an estimated USD 1.56 billion in 2018 to USD 2.01 billion by 2023, at a CAGR of 5.11%, from 2018 to 2023. Investments in smart grids and energy systems, the need to reduce equipment failure caused by frequent voltage spikes, and aging power infrastructure are driving the surge arrester market across the world. Counterfeiting of products by local players could hinder market growth to a certain extent.

“The medium voltage segment is expected to hold the largest share of the surge arrester market, by voltage, during the forecast period.”
Medium voltage surge arresters are predominantly used in industrial, transportation, and distribution substations. A rise in the demand for electricity in residential areas and expansion of electrical distribution networks to reduce power outages are the key factors driving the segment during the forecast period.

“Asia Pacific: The key market for surge arresters.”
Asia Pacific is expected to be the fastest-growing surge arrester market during the forecast period. Asia Pacific is the most populated region in the world and consequently witnesses a high demand for electricity. The T&D infrastructure in the region is in the initial stage of grid restructuring. Countries such as China, Japan, and India are investing in grid expansion projects to increase distribution grid reliability.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 33%, Tier 2- 34%, Tier 3- 33%
By Designation: C-Level- 25%, D-Level- 35%, Others- 40%
By Region: North America- 20%, Europe- 25%, Asia Pacific- 30%, South America- 10%, Middle East & Africa- 15%

Note: The tiers of the companies have been defined on the basis of their total revenues; as of 2017: Tier 1 =>USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 The leading players in the surge arrester market are ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Hubbell (US), Schneider (France), CG Power (India), GE (US), Mitsubishi Electric (Japan), TE Connectivity (Switzerland), CHINT Group (China), and Lamco (India).

Research Coverage:
The report provides a picture of the surge arrester market across the power industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as voltage, class, end-user, type, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

For the purpose of this report, the market has been segmented on the basis of voltage, class, end-user, type, and region with a focus on industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together comprise the basic views on the competitive landscape, emerging and high-growth segments of the surge arrester market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the surge arrester market

Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the market for surge arresters across regions

Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global surge arrester market

Why Buy this Report?
1. The report identifies and addresses key markets for the implementation of surge arresters in the power industry, which would help manufacturers review the growth in demand.
2. The report helps solution providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in the decision-making process.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table SURGE ARRESTER MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE SURGE ARRESTER MARKET DURING THE FORECAST PERIOD
    • SURGE ARRESTER MARKET, BY COUNTRY
    • EUROPE SURGE ARRESTER MARKET, BY END-USER & COUNTRY
    • SURGE ARRESTER MARKET, BY TYPE
    • SURGE ARRESTER MARKET, BY CLASS
    • SURGE ARRESTER MARKET, BY VOLTAGE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table KEY SMART GRID INVESTMENT INITIATIVES
      • RESTRAINTS
      • OPPORTUNITIES
        • Table T&D INFRASTRUCTURE EXPANSION PLANS
      • CHALLENGES
  • SURGE ARRESTER MARKET, BY TYPE
    • INTRODUCTION
      • Table SURGE ARRESTER MARKET SIZE, BY TYPE, USD MILLION, 2016-2023
    • POLYMERIC
      • Table POLYMERIC: SURGE ARRESTER MARKET SIZE, BY REGION, USD MILLION, 2016-2023
    • PORCELAIN
      • Table PORCELAIN: SURGE ARRESTER MARKET SIZE, BY REGION, USD MILLION, 2016-2023
  • SURGE ARRESTER MARKET, BY CLASS
    • INTRODUCTION
      • Table SURGE ARRESTER MARKET SIZE, BY CLASS, USD MILLION, 2016-2023
    • DISTRIBUTION CLASS
      • Table DISTRIBUTION CLASS: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • INTERMEDIATE CLASS
      • Table INTERMEDIATE CLASS: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • STATION CLASS
      • Table STATION CLASS: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • SURGE ARRESTER MARKET, BY VOLTAGE
    • INTRODUCTION
      • Table SURGE ARRESTER MARKET SIZE, BY VOLTAGE, USD MILLION, 2016-2023
    • MEDIUM VOLTAGE
      • Table MEDIUM VOLTAGE: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MLLION)
    • HIGH VOLTAGE
      • Table HIGH VOLTAGE: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • EXTRA-HIGH VOLTAGE
      • Table EXTRA-HIGH VOLTAGE: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • SURGE ARRESTER MARKET, BY END-USER
    • INTRODUCTION
      • Table UTILITIES SEGMENT IS EXPECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
      • Table SURGE ARRESTER MARKET SIZE, BY END-USER, USD MILLION, 2016-2023
    • UTILITIES
      • Table UTILITIES: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • INDUSTRIES
      • Table INDUSTRIES: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • TRANSPORTATION
      • Table TRANSPORTATION: SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • SURGE ARRESTER MARKET, BY REGION
    • INTRODUCTION
      • Table SURGE ARRESTER MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • EUROPE
      • BY TYPE
        • Table EUROPE: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY VOLTAGE
        • Table EUROPE: SURGE ARRESTER MARKET SIZE, BY VOLTAGE, 2016-2023 (USD MILLION)
      • BY CLASS
        • Table EUROPE: SURGE ARRESTER MARKET SIZE, BY CLASS, 2016-2023 (USD MILLION)
      • BY END-USER
        • Table EUROPE: SURGE ARRESTER MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: SURGE ARRESTER MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table GERMANY: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table UK: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table FRANCE: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table RUSSIA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table REST OF EUROPE: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • BY TYPE
        • Table ASIA PACIFIC: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY VOLTAGE
        • Table ASIA PACIFIC: SURGE ARRESTER MARKET SIZE, BY VOLTAGE, 2016-2023 (USD MILLION)
      • BY CLASS
        • Table ASIA PACIFIC: SURGE ARRESTER MARKET SIZE, BY CLASS, 2016-2023 (USD MILLION)
      • BY END-USER
        • Table ASIA PACIFIC: SURGE ARRESTER MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: SURGE ARRESTER MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table CHINA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table AUSTRALIA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table INDIA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table JAPAN: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table SOUTH KOREA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • BY TYPE
        • Table NORTH AMERICA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY VOLTAGE
        • Table NORTH AMERICA: SURGE ARRESTER MARKET SIZE, BY VOLTAGE, 2016-2023 (USD MILLION)
      • BY CLASS
        • Table NORTH AMERICA: SURGE ARRESTER MARKET SIZE, BY CLASS, 2016-2023 (USD MILLION)
      • BY END-USER
        • Table NORTH AMERICA: SURGE ARRESTER MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: SURGE ARRESTER MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table US: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table CANADA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table MEXICO: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • BY TYPE
        • Table MIDDLE EAST & AFRICA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY VOLTAGE
        • Table MIDDLE EAST & AFRICA: SURGE ARRESTER MARKET SIZE, BY VOLTAGE, 2016-2023 (USD MILLION)
      • BY CLASS
        • Table MIDDLE EAST & AFRICA: SURGE ARRESTER MARKET SIZE, BY CLASS, 2016-2023 (USD MILLION)
      • BY END-USER
        • Table MIDDLE EAST & AFRICA: SURGE ARRESTER MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST & AFRICA: SURGE ARRESTER MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table SAUDI ARABIA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table UAE: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table NIGERIA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table SOUTH AFRICA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table REST OF THE MIDDLE EAST & AFRICA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • SOUTH AMERICA
      • BY TYPE
        • Table SOUTH AMERICA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY VOLTAGE
        • Table SOUTH AMERICA: SURGE ARRESTER MARKET SIZE, BY VOLTAGE, 2016-2023 (USD MILLION)
      • BY CLASS
        • Table SOUTH AMERICA: SURGE ARRESTER MARKET SIZE, BY CLASS, 2016-2023 (USD MILLION)
      • BY END-USER
        • Table SOUTH AMERICA: SURGE ARRESTER MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: SURGE ARRESTER MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table BRAZIL: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table ARGENTINA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA: SURGE ARRESTER MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • RANKING OF PLAYERS & MARKET STRUCTURE
    • COMPETITIVE SCENARIO
      • Table ABB, THE MOST ACTIVE PLAYER IN THE MARKET BETWEEN THE YEARS 2015 AND FEBRUARY 2018
      • CONTRACTS & AGREEMENTS
        • Table CONTRACTS & AGREEMENTS, 2015-FEBRUARY 2018
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2015-FEBRUARY 2018
      • INVESTMENTS AND EXPANSIONS
        • Table INVESTMENTS AND EXPANSIONS, 2015-FEBRUARY 2018
      • OTHERS
        • Table OTHERS, 2015-FEBRUARY 2018
  • COMPANY PROFILES
    • BENCHMARKING
    • ABB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EATON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • GE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HUBBELL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • TE CONNECTIVITY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SCHNEIDER ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • LAMCO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MITSUBISHI ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • CG POWER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ELPRO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • NGK INSULATORS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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