Surge Arrester Market Outlook 2023 to 2033

The Surge Arrester Market is estimated to be valued at US$ 2,625.8 million in 2023, expanding at a CAGR of 5.0% from 2023 to 2033. With this steady momentum, the surge arrester industry is anticipated to surpass a valuation of US$ 4,277.3 million by 2033.

The growing emphasis on safeguarding electronic devices, equipment, and systems against transient overvoltage events drives the demand for surge arresters across multiple sectors. Manufacturers are increasingly focusing on enhancing the durability and performance of surge arresters, catering to the evolving needs of end users, and ensuring comprehensive protection against sudden voltage surges.

Attributes Details
Surge Arrester Market Value for 2023 US$ 2,625.8 million
Surge Arrester Market Value for 2033 US$ 4,277.3 million
Surge Arrester Market Forecast CAGR for 2023 to 2033 5.0%

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

Adoption Analysis of Surge Arrester

  • Surge arresters play a pivotal role in protecting the intricate components of smart grids, safeguarding against potential voltage fluctuations, and ensuring uninterrupted power transmission.
  • Surge arresters are customized to meet various industries' diverse and complex needs, including manufacturing, oil and gas, and telecommunications. This tailored approach ensures that critical equipment remains secure and operational even in challenging environments.
  • The surge arrester's significance extends to renewable energy facilities like solar and wind power plants. By providing reliable protection against transient voltage spikes, surge arresters ensure the consistent and uninterrupted generation of clean energy, thereby contributing to the overall stability and efficiency of the renewable energy sector.
  • Manufacturers increasingly focus on developing surge arresters that exhibit exceptional resilience in harsh environments, such as extreme temperatures and corrosive conditions

Historical Performance and Future Growth of the Surge Arrester Market

The analysis provides a detailed examination of market trends and forecasts spanning short-term, mid-term, and long-term intervals. It focuses on the market's trajectory, emphasizing its notable growth, sales patterns, and evolving demand across specific timeframes, offering insights into the factors driving market dynamics and expansion.

Short-term Analysis of Surge Arrester Market from 2018 to 2022

The surge arrester industry witnessed a notable growth in market value from US$ 1,616.3 million in 2018 to 2022.

  • Technological innovations revolutionized surge protection methodologies.
  • Heightened industrial automation fueled the demand for reliable surge safeguards.
  • Increasing investments in advanced electrical infrastructure drove the surge arrester adoption.
  • Growing emphasis on data security bolstered the surge arrester market.
  • The rapid expansion of smart city projects propelled the need for efficient surge protection solutions.

Mid-term Analysis of Surge Arrester Market from 2023 to 2028

2023 US$ 2,625.8 million
2028 US$ 3,351.52 million

The market is poised for a considerable rise in value from US$ 2,625.8 million in 2023 to US$ 3,351.52 million in 2028.

  • Accelerated shift towards renewable energy amplified surge arrester implementation.
  • Heightened awareness of the impact of power surges on sensitive electronics drove surge arrester sales.
  • Increasing concerns regarding grid stability heightened the importance of surge protection solutions.
  • Expansion of electric vehicle infrastructure propelled the surge arrester market growth.

Long-term Analysis of Surge Arrester Market from 2028 to 2033

2028 US$ 3,351.52 million 
2033 US$ 4,277.3 million

The surge arrester industry is anticipated for a further rise in valuation, reaching US$ 4,277.3 million by 2033 from US$ 3,351.52 million in 2028.

  • Escalating occurrences of natural disasters underscored the need for robust surge protection.
  • Persistent industrial digitization spurred the demand for resilient surge arrester solutions.
  • Growing investments in innovative grid technologies amplified the surge arrester market expansion.
  • Increasing reliance on sensitive electronic equipment in healthcare catalyzed surge arrester adoption.
  • Heightened emphasis on sustainable infrastructure fueled the surge arrester market demand.
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Key Trends Influencing the Surge Arrester Market

  • Emergence of Microgrid Systems

The emergence of microgrid systems influences the surge arrester market growth, driving the need for tailored surge protection solutions to ensure the stability and reliability of these decentralized power networks.

  • Impact of Edge Computing

The surge arrester market is shaped by the impact of edge computing, emphasizing the critical role of surge protection in securing the integrity of edge computing infrastructure and facilitating uninterrupted data processing at the network edge.

  • Increasing Demand for Surge Protection in 5G Infrastructure

The surge arrester market is experiencing the impact of the expanding 5G infrastructure, highlighting the crucial need for robust surge protection solutions to safeguard the intricate components of 5G networks and ensure uninterrupted high-speed data transmission.

  • Integration of Artificial Intelligence (AI) in Surge Protection Solutions

The surge arrester market is influenced by the integration of artificial intelligence (AI) in surge protection solutions, emphasizing the role of AI-driven surge protection technologies in predicting and mitigating potential surge-related risks effectively.

  • Focus on Resilient Surge Protection for Smart Home Devices

The surge arrester market is witnessing a growing focus on resilient surge protection solutions tailored for smart home devices, underscoring the importance of safeguarding interconnected home electronics against potential power surges and voltage fluctuations.

Category-wise Insights

Polymeric Products to Record High Sales in Surge Arrester Market

Attributes Details
Top Product Type Polymeric
Market Share in 2023 70.5%

With a significant market share of 70.5% in 2023, polymeric surge arresters emerged as the leading product type in the surge arrester market. This dominance can be attributed to the superior insulation and durability properties of polymeric materials, ensuring reliable surge protection for a wide range of electrical equipment. Their cost-effectiveness and adaptability further drive the widespread adoption of polymeric surge arresters for diverse industrial and residential applications. This makes them the preferred choice for ensuring stable and secure electrical operations in various sectors.

Station Class Holds the Leading Share in the Market

Attributes Details
By Class Type Station Class
Market Share in 2023 33.1%

The station class segment held a significant share of 33.1% in 2023, establishing its prominence in the industry. This dominance can be primarily attributed to the exceptional capability of station-class surge arresters to handle high-energy surges and protect critical components within power distribution networks. Their robust design, advanced lightning protection features, and ability to ensure continuous power supply have positioned them as the preferred choice for providing reliable and uninterrupted electrical transmission in utility substations and industrial power distribution systems.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Country-wise Insights

The section provides a comprehensive analysis of the surge arrester markets in three key regions: North America, Europe, and the Asia Pacific. It specifically highlights the CAGR (2023 to 2033) for each country within these regions, shedding light on the varying growth rates and market dynamics in the global surge arrester industry. Notably, China is anticipated to emerge as a country with lucrative growth prospects, with a CAGR of 7.40% during the forecast period.

North America Surge Arrester Market

Countries CAGR (2023 to 2033)
United States 5.10%
Canada 4.80%

Surge Arrester Industry in the United States

With a robust CAGR of 5.10% from 2023 to 2033, the United States retains a significant position in the North American surge arrester industry.

  • Robust infrastructure development and grid modernization initiatives propel surge arrester demand.
  • The increasing deployment of smart grid technologies drives the need for advanced surge protection solutions.
  • Heightened focus on critical infrastructure security fuels the surge arrester market growth in the United States.

Surge Arrester Industry in Canada

With a notable CAGR of 4.80% from 2023 to 2033, Canada maintains its relevance within the North American surge arrester industry.

  • Government incentives promoting sustainable energy solutions boost the adoption of surge protection technologies.
  • Growing investments in the oil and gas sector drive the demand for reliable surge arrester solutions in Canada.
  • Increasing concerns regarding extreme weather events emphasize the need for resilient surge protection in the Canadian market.

Europe Surge Arrester Market

Countries CAGR (2023 to 2033)
Germany 6.60%
Italy 5.50%
France 6.30%
United Kingdom 5.80%
Spain 6.20%

Surge Arrester Industry in Germany

Germany is the leading surge arrester industry in Europe, with a CAGR of 6.60% through 2033, driven by its strong industrial sector and growing renewable energy sector.

  • Accelerated shift towards renewable energy sources and the demand for sophisticated surge protection solutions.
  • The emphasis is on bolstering the resilience of industrial infrastructure to support the growing manufacturing and commercial sectors.
  • Integration of smart technologies in urban development projects, fostering a conducive environment for surge arrester advancements.

Surge Arrester Industry in Italy

Italy, maintaining a significant CAGR of 5.50% from 2023 to 2033, sustains its influence in the Europe surge arrester industry.

  • Increasing investments in modernized grid infrastructure and intelligent energy solutions to meet the evolving energy demands.
  • Growing emphasis on sustainable energy practices and eco-friendly technologies, driving the surge arrester market's innovative strategies.
  • The rapid adoption of advanced surge protection solutions across industrial and residential applications reflects Italy's commitment to technological advancements.

Surge Arrester Industry in France

France, demonstrating a substantial CAGR of 6.30% from 2023 to 2033, solidifies its pivotal position in the Europe surge arrester industry.

  • Stringent regulations ensure reliable surge protection across diverse industries, fostering a culture of compliance and quality assurance.
  • Emphasis on the development of eco-friendly and energy-efficient solutions, stimulating a wave of sustainable and innovative product offerings.
  • Increasing integration of IoT and automation technologies in surge arrester systems, catering to the demand for efficient and technologically advanced solutions in the market.

Surge Arrester Industry in the United Kingdom

The United Kingdom, exhibiting a notable CAGR of 5.80% from 2023 to 2033, presents diverse growth opportunities within the Europe surge arrester industry.

  • Advancements in grid infrastructure and substantial investments in modern energy networks to meet the rising energy needs.
  • Growing focus on renewable energy integration and sustainable practices, signaling the nation's commitment to environmental preservation and clean energy initiatives.
  • Government-backed initiatives and policies supporting infrastructure development offer a conducive scope for surge arrester industry players to thrive.

Surge Arrester Industry in Spain

Spain contributed significantly to the Europe surge arrester industry with a substantial CAGR of 6.20% from 2023 to 2033.

  • Escalating investments in smart city projects and infrastructural development, emphasizing the nation's commitment to urban modernization and technological integration.
  • Emphasis on grid modernization and renewable energy integration reflects Spain's ambition to foster a sustainable and resilient energy sector.
  • Increasing adoption of advanced technologies and IoT-based applications indicates Spain's drive towards technological innovation and digital transformation.

Asia Pacific Surge Arrester Market

Country CAGR (2023 to 2033)
China 7.40%
India 6.80%
Japan 6.50%
ASEAN 6.80%
Australia and New Zealand 7.20%

Surge Arrester Industry in China

China, leading with a robust CAGR of 7.40% from 2023 to 2033, is a focal point in the Asia Pacific surge arrester industry.

  • Government initiatives promoting the adoption of electric vehicles and renewable energy influence the surge arrester market's trajectory.
  • Rapid urbanization and industrial growth drive the demand for efficient power transmission and surge protection solutions.
  • Stringent regulations ensure product quality and safety standards, shaping the surge arrester industry in China.

Surge Arrester Industry in India

India, maintaining a notable CAGR of 6.80% from 2023 to 2033, demonstrates significant potential in the Asia Pacific surge arrester industry.

  • Increasing investment in smart city projects and infrastructure development fosters the demand for reliable surge protection systems.
  • Rising awareness regarding the importance of grid resilience and power quality, promoting the adoption of advanced surge arrester technologies.
  • Government emphasis on reducing carbon emissions and promoting sustainable energy practices, driving India's surge arrester market's evolution.

Surge Arrester Industry in Japan

Japan, exhibiting a substantial CAGR of 6.50% from 2023 to 2033, contributes significantly to the Asia Pacific surge arrester industry.

  • Growing focus on disaster resilience and the need for robust power infrastructure propelling the demand for high-performance surge protection solutions.
  • Technological innovation and the integration of AI and IoT in energy management, shaping the surge arrester market in Japan.
  • Government support for energy efficiency and grid modernization, creating opportunities for surge arrester manufacturers and suppliers in the Japanese market.

Surge Arrester Industry in ASEAN

ASEAN is projected to be a promising surge arrester market with a notable CAGR of 6.80% from 2023 to 2033.

  • Increasing focus on renewable energy integration and the development of sustainable energy infrastructure, fostering the demand for reliable surge protection solutions.
  • Cross-border collaborations and trade agreements promoting the adoption of standardized surge arrester technologies across ASEAN countries.
  • Infrastructure development initiatives and investment in smart city projects, influencing the surge arrester market growth in the ASEAN region.

Surge Arrester Industry in Australia and New Zealand

Australia and New Zealand (Australia and New Zealand), demonstrating a notable CAGR of 7.20% from 2023 to 2033, offer promising growth prospects

  • Growing investments in renewable energy projects and the adoption of sustainable energy practices, shaping the surge arrester market in Australia and New Zealand.
  • Technological advancements and the implementation of smart energy grids foster the demand for innovative surge protection solutions.
  • Increasing demand for reliable power supply and the need for grid stability are driving the surge arrester market's evolution in the Australia and New Zealand region.

Companies Shaping the Future Outlook of the Surge Arrester Industry

The competition in the surge arrester industry is high, with companies vying for dominance and technological supremacy. Leading companies are focused on strategic initiatives, including product innovation, mergers and acquisitions, and partnerships, to strengthen their market position and meet the evolving surge protection needs.

  • ABB Ltd.: A global leader in power and automation technologies, ABB offers a comprehensive range of surge arrester solutions catering to diverse industrial and commercial applications. The company's emphasis on sustainable energy practices and technological innovation has solidified its position in the competitive surge arrester market.
  • Siemens AG: Siemens is at the forefront of providing advanced surge protection solutions, leveraging its expertise in electrical engineering and automation. The company's focus on research and development, coupled with its assertive global presence, has enabled it to offer cutting-edge surge arrester technologies tailored to the specific needs of different industries and regions.
  • Eaton Corporation: Eaton is a key player in the surge arrester industry, known for its high-quality electrical products and solutions. The company's commitment to delivering reliable and efficient surge protection systems and its customer-centric approach have contributed to its significant market presence and customer loyalty.
  • General Electric Company: General Electric has established itself as a leading provider of surge arrester solutions, emphasizing innovation and sustainable practices in the energy sector. The company's extensive product portfolio and intense research and development capabilities have enabled it to address the surge protection demands of diverse industrial and commercial segments.
  • Schneider Electric SE: Schneider Electric is a prominent player in the surge arrester market, offering a wide range of reliable and efficient surge protection products. The company's focus on sustainability and digital transformation, along with its customer-focused approach, has contributed to its competitive edge in the surge arrester industry.

These key players, along with several other prominent companies, are catering to the increasing demand for robust and reliable surge protection solutions across various sectors and regions.

Recent Developments in the Surge Arrester Industry:

  • Siemens AG has launched a new family of surge arresters, the SIRIUS 3LD6, specifically designed for renewable energy applications.
  • ABB AG has acquired Cooper Bussmann, a leading manufacturer of surge arresters and other electrical protection products. The acquisition will strengthen ABB's position in the surge arrester market and give it access to Cooper Bussmann's robust portfolio of products and technologies.
  • General Electric (GE) has introduced a new range of surge arresters, the SENTINEL SE Series, which is specifically designed for data center applications.
  • Schneider Electric has launched a new series of surge arresters, the Acti9 iPRD, specifically designed for low-voltage applications.  

Key Companies in the Market

  • Siemens AG
  • ABB AG
  • GE
  • Schneider Electric SE
  • Eaton Corporation
  • Hubbell Incorporated
  • Megger Group Limited
  • Furse Surge Protection
  • Ingeteam
  • CIRCUTOR

Key Segments

By Product Type:

  • Polymeric
  • Porcelain

By End Use:

  • Utilities
  • Industries
  • Transmission
  • Transportation

By Application:

  • AIS
  • GIS
  • Others

By Voltage:

  • Medium
  • High
  • Very High

By Class:

  • Secondary Class
  • Distribution Class
  • Intermediate Class
  • Station Class

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East and Africa

Frequently Asked Questions

What is the Market Potential for Surge Arrester?

The surge arrester market is projected to expand at a CAGR of 5.0% between 2023 and 2033.

Which Product Segment Dominates the Surge Arrester Market?

The polymeric segment dominates the surge arrester market.

Who are the Top Three Surge Arrester Producers?

The top 3 surge arrester producers are Siemens AG, ABB AG, and Schneider Electric SE.

What is the Surge Arrester Market Growth Outlook for 2033?

The surge arrester market is anticipated to surpass US$ 4,277.3 million by 2033.

What is Driving the Demand for Surge Arrester?

The increasing need for robust power grid protection and the rise in power infrastructure investments.

Why are Sales of Station Class Surge Arrester Rising?

The surge in infrastructure modernization initiatives is a key factor contributing to the rising sales of station-class surge arresters.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity 
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyer’s
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
        5.3.1. Polymeric
        5.3.2. Porcelain
    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
    5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2018 to 2022
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033
        6.3.1. Utilities
        6.3.2. Industries
        6.3.3. Transmission
        6.3.4. Transportation
    6.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
    6.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
        7.3.1. AIS
        7.3.2. GIS
        7.3.3. Others
    7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
    7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Voltage
    8.1. Introduction / Key Findings
    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Voltage, 2018 to 2022
    8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Voltage, 2023 to 2033
        8.3.1. Medium
        8.3.2. High
        8.3.3. Very High
    8.4. Y-o-Y Growth Trend Analysis By Voltage, 2018 to 2022
    8.5. Absolute $ Opportunity Analysis By Voltage, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Class
    9.1. Introduction / Key Findings
    9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Class, 2018 to 2022
    9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Class, 2023 to 2033
        9.3.1. Secondary Class
        9.3.2. Distribution Class
        9.3.3. Intermediate Class
        9.3.4. Station Class
    9.4. Y-o-Y Growth Trend Analysis By Class, 2018 to 2022
    9.5. Absolute $ Opportunity Analysis By Class, 2023 to 2033
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    10.1. Introduction
    10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
    10.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
        10.3.1. North America
        10.3.2. Latin America
        10.3.3. Western Europe
        10.3.4. Eastern Europe
        10.3.5. South Asia and Pacific
        10.3.6. East Asia
        10.3.7. Middle East and Africa
    10.4. Market Attractiveness Analysis By Region
11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        11.2.1. By Country
            11.2.1.1. USA
            11.2.1.2. Canada
        11.2.2. By Product Type
        11.2.3. By End Use
        11.2.4. By Application
        11.2.5. By Voltage
        11.2.6. By Class
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Product Type
        11.3.3. By End Use
        11.3.4. By Application
        11.3.5. By Voltage
        11.3.6. By Class
    11.4. Key Takeaways
12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        12.2.1. By Country
            12.2.1.1. Brazil
            12.2.1.2. Mexico
            12.2.1.3. Rest of Latin America
        12.2.2. By Product Type
        12.2.3. By End Use
        12.2.4. By Application
        12.2.5. By Voltage
        12.2.6. By Class
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Product Type
        12.3.3. By End Use
        12.3.4. By Application
        12.3.5. By Voltage
        12.3.6. By Class
    12.4. Key Takeaways
13. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        13.2.1. By Country
            13.2.1.1. Germany
            13.2.1.2. UK
            13.2.1.3. France
            13.2.1.4. Spain
            13.2.1.5. Italy
            13.2.1.6. Rest of Western Europe
        13.2.2. By Product Type
        13.2.3. By End Use
        13.2.4. By Application
        13.2.5. By Voltage
        13.2.6. By Class
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Product Type
        13.3.3. By End Use
        13.3.4. By Application
        13.3.5. By Voltage
        13.3.6. By Class
    13.4. Key Takeaways
14. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        14.2.1. By Country
            14.2.1.1. Poland
            14.2.1.2. Russia
            14.2.1.3. Czech Republic
            14.2.1.4. Romania
            14.2.1.5. Rest of Eastern Europe
        14.2.2. By Product Type
        14.2.3. By End Use
        14.2.4. By Application
        14.2.5. By Voltage
        14.2.6. By Class
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Product Type
        14.3.3. By End Use
        14.3.4. By Application
        14.3.5. By Voltage
        14.3.6. By Class
    14.4. Key Takeaways
15. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        15.2.1. By Country
            15.2.1.1. India
            15.2.1.2. Bangladesh
            15.2.1.3. Australia
            15.2.1.4. New Zealand
            15.2.1.5. Rest of South Asia and Pacific
        15.2.2. By Product Type
        15.2.3. By End Use
        15.2.4. By Application
        15.2.5. By Voltage
        15.2.6. By Class
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Product Type
        15.3.3. By End Use
        15.3.4. By Application
        15.3.5. By Voltage
        15.3.6. By Class
    15.4. Key Takeaways
16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        16.2.1. By Country
            16.2.1.1. China
            16.2.1.2. Japan
            16.2.1.3. South Korea
        16.2.2. By Product Type
        16.2.3. By End Use
        16.2.4. By Application
        16.2.5. By Voltage
        16.2.6. By Class
    16.3. Market Attractiveness Analysis
        16.3.1. By Country
        16.3.2. By Product Type
        16.3.3. By End Use
        16.3.4. By Application
        16.3.5. By Voltage
        16.3.6. By Class
    16.4. Key Takeaways
17. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    17.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    17.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        17.2.1. By Country
            17.2.1.1. GCC Countries
            17.2.1.2. South Africa
            17.2.1.3. Israel
            17.2.1.4. Rest of MEA
        17.2.2. By Product Type
        17.2.3. By End Use
        17.2.4. By Application
        17.2.5. By Voltage
        17.2.6. By Class
    17.3. Market Attractiveness Analysis
        17.3.1. By Country
        17.3.2. By Product Type
        17.3.3. By End Use
        17.3.4. By Application
        17.3.5. By Voltage
        17.3.6. By Class
    17.4. Key Takeaways
18. Key Countries Market Analysis
    18.1. USA
        18.1.1. Pricing Analysis
        18.1.2. Market Share Analysis, 2022
            18.1.2.1. By Product Type
            18.1.2.2. By End Use
            18.1.2.3. By Application
            18.1.2.4. By Voltage
            18.1.2.5. By Class
    18.2. Canada
        18.2.1. Pricing Analysis
        18.2.2. Market Share Analysis, 2022
            18.2.2.1. By Product Type
            18.2.2.2. By End Use
            18.2.2.3. By Application
            18.2.2.4. By Voltage
            18.2.2.5. By Class
    18.3. Brazil
        18.3.1. Pricing Analysis
        18.3.2. Market Share Analysis, 2022
            18.3.2.1. By Product Type
            18.3.2.2. By End Use
            18.3.2.3. By Application
            18.3.2.4. By Voltage
            18.3.2.5. By Class
    18.4. Mexico
        18.4.1. Pricing Analysis
        18.4.2. Market Share Analysis, 2022
            18.4.2.1. By Product Type
            18.4.2.2. By End Use
            18.4.2.3. By Application
            18.4.2.4. By Voltage
            18.4.2.5. By Class
    18.5. Germany
        18.5.1. Pricing Analysis
        18.5.2. Market Share Analysis, 2022
            18.5.2.1. By Product Type
            18.5.2.2. By End Use
            18.5.2.3. By Application
            18.5.2.4. By Voltage
            18.5.2.5. By Class
    18.6. UK
        18.6.1. Pricing Analysis
        18.6.2. Market Share Analysis, 2022
            18.6.2.1. By Product Type
            18.6.2.2. By End Use
            18.6.2.3. By Application
            18.6.2.4. By Voltage
            18.6.2.5. By Class
    18.7. France
        18.7.1. Pricing Analysis
        18.7.2. Market Share Analysis, 2022
            18.7.2.1. By Product Type
            18.7.2.2. By End Use
            18.7.2.3. By Application
            18.7.2.4. By Voltage
            18.7.2.5. By Class
    18.8. Spain
        18.8.1. Pricing Analysis
        18.8.2. Market Share Analysis, 2022
            18.8.2.1. By Product Type
            18.8.2.2. By End Use
            18.8.2.3. By Application
            18.8.2.4. By Voltage
            18.8.2.5. By Class
    18.9. Italy
        18.9.1. Pricing Analysis
        18.9.2. Market Share Analysis, 2022
            18.9.2.1. By Product Type
            18.9.2.2. By End Use
            18.9.2.3. By Application
            18.9.2.4. By Voltage
            18.9.2.5. By Class
    18.10. Poland
        18.10.1. Pricing Analysis
        18.10.2. Market Share Analysis, 2022
            18.10.2.1. By Product Type
            18.10.2.2. By End Use
            18.10.2.3. By Application
            18.10.2.4. By Voltage
            18.10.2.5. By Class
    18.11. Russia
        18.11.1. Pricing Analysis
        18.11.2. Market Share Analysis, 2022
            18.11.2.1. By Product Type
            18.11.2.2. By End Use
            18.11.2.3. By Application
            18.11.2.4. By Voltage
            18.11.2.5. By Class
    18.12. Czech Republic
        18.12.1. Pricing Analysis
        18.12.2. Market Share Analysis, 2022
            18.12.2.1. By Product Type
            18.12.2.2. By End Use
            18.12.2.3. By Application
            18.12.2.4. By Voltage
            18.12.2.5. By Class
    18.13. Romania
        18.13.1. Pricing Analysis
        18.13.2. Market Share Analysis, 2022
            18.13.2.1. By Product Type
            18.13.2.2. By End Use
            18.13.2.3. By Application
            18.13.2.4. By Voltage
            18.13.2.5. By Class
    18.14. India
        18.14.1. Pricing Analysis
        18.14.2. Market Share Analysis, 2022
            18.14.2.1. By Product Type
            18.14.2.2. By End Use
            18.14.2.3. By Application
            18.14.2.4. By Voltage
            18.14.2.5. By Class
    18.15. Bangladesh
        18.15.1. Pricing Analysis
        18.15.2. Market Share Analysis, 2022
            18.15.2.1. By Product Type
            18.15.2.2. By End Use
            18.15.2.3. By Application
            18.15.2.4. By Voltage
            18.15.2.5. By Class
    18.16. Australia
        18.16.1. Pricing Analysis
        18.16.2. Market Share Analysis, 2022
            18.16.2.1. By Product Type
            18.16.2.2. By End Use
            18.16.2.3. By Application
            18.16.2.4. By Voltage
            18.16.2.5. By Class
    18.17. New Zealand
        18.17.1. Pricing Analysis
        18.17.2. Market Share Analysis, 2022
            18.17.2.1. By Product Type
            18.17.2.2. By End Use
            18.17.2.3. By Application
            18.17.2.4. By Voltage
            18.17.2.5. By Class
    18.18. China
        18.18.1. Pricing Analysis
        18.18.2. Market Share Analysis, 2022
            18.18.2.1. By Product Type
            18.18.2.2. By End Use
            18.18.2.3. By Application
            18.18.2.4. By Voltage
            18.18.2.5. By Class
    18.19. Japan
        18.19.1. Pricing Analysis
        18.19.2. Market Share Analysis, 2022
            18.19.2.1. By Product Type
            18.19.2.2. By End Use
            18.19.2.3. By Application
            18.19.2.4. By Voltage
            18.19.2.5. By Class
    18.20. South Korea
        18.20.1. Pricing Analysis
        18.20.2. Market Share Analysis, 2022
            18.20.2.1. By Product Type
            18.20.2.2. By End Use
            18.20.2.3. By Application
            18.20.2.4. By Voltage
            18.20.2.5. By Class
    18.21. GCC Countries
        18.21.1. Pricing Analysis
        18.21.2. Market Share Analysis, 2022
            18.21.2.1. By Product Type
            18.21.2.2. By End Use
            18.21.2.3. By Application
            18.21.2.4. By Voltage
            18.21.2.5. By Class
    18.22. South Africa
        18.22.1. Pricing Analysis
        18.22.2. Market Share Analysis, 2022
            18.22.2.1. By Product Type
            18.22.2.2. By End Use
            18.22.2.3. By Application
            18.22.2.4. By Voltage
            18.22.2.5. By Class
    18.23. Israel
        18.23.1. Pricing Analysis
        18.23.2. Market Share Analysis, 2022
            18.23.2.1. By Product Type
            18.23.2.2. By End Use
            18.23.2.3. By Application
            18.23.2.4. By Voltage
            18.23.2.5. By Class
19. Market Structure Analysis
    19.1. Competition Dashboard
    19.2. Competition Benchmarking
    19.3. Market Share Analysis of Top Players
        19.3.1. By Regional
        19.3.2. By Product Type
        19.3.3. By End Use
        19.3.4. By Application
        19.3.5. By Voltage
        19.3.6. By Class
20. Competition Analysis
    20.1. Competition Deep Dive
        20.1.1. Hitachi ABB Power Grids
            20.1.1.1. Overview
            20.1.1.2. Product Portfolio
            20.1.1.3. Profitability by Market Segments
            20.1.1.4. Sales Footprint
            20.1.1.5. Strategy Overview
                20.1.1.5.1. Marketing Strategy
                20.1.1.5.2. Product Strategy
                20.1.1.5.3. Channel Strategy
        20.1.2. Siemens Energy
            20.1.2.1. Overview
            20.1.2.2. Product Portfolio
            20.1.2.3. Profitability by Market Segments
            20.1.2.4. Sales Footprint
            20.1.2.5. Strategy Overview
                20.1.2.5.1. Marketing Strategy
                20.1.2.5.2. Product Strategy
                20.1.2.5.3. Channel Strategy
        20.1.3. General Electric (GE)
            20.1.3.1. Overview
            20.1.3.2. Product Portfolio
            20.1.3.3. Profitability by Market Segments
            20.1.3.4. Sales Footprint
            20.1.3.5. Strategy Overview
                20.1.3.5.1. Marketing Strategy
                20.1.3.5.2. Product Strategy
                20.1.3.5.3. Channel Strategy
        20.1.4. Eaton
            20.1.4.1. Overview
            20.1.4.2. Product Portfolio
            20.1.4.3. Profitability by Market Segments
            20.1.4.4. Sales Footprint
            20.1.4.5. Strategy Overview
                20.1.4.5.1. Marketing Strategy
                20.1.4.5.2. Product Strategy
                20.1.4.5.3. Channel Strategy
        20.1.5. Hubbell
            20.1.5.1. Overview
            20.1.5.2. Product Portfolio
            20.1.5.3. Profitability by Market Segments
            20.1.5.4. Sales Footprint
            20.1.5.5. Strategy Overview
                20.1.5.5.1. Marketing Strategy
                20.1.5.5.2. Product Strategy
                20.1.5.5.3. Channel Strategy
        20.1.6. TE Connectivity
            20.1.6.1. Overview
            20.1.6.2. Product Portfolio
            20.1.6.3. Profitability by Market Segments
            20.1.6.4. Sales Footprint
            20.1.6.5. Strategy Overview
                20.1.6.5.1. Marketing Strategy
                20.1.6.5.2. Product Strategy
                20.1.6.5.3. Channel Strategy
        20.1.7. Toshiba
            20.1.7.1. Overview
            20.1.7.2. Product Portfolio
            20.1.7.3. Profitability by Market Segments
            20.1.7.4. Sales Footprint
            20.1.7.5. Strategy Overview
                20.1.7.5.1. Marketing Strategy
                20.1.7.5.2. Product Strategy
                20.1.7.5.3. Channel Strategy
        20.1.8. NGK Insulators
            20.1.8.1. Overview
            20.1.8.2. Product Portfolio
            20.1.8.3. Profitability by Market Segments
            20.1.8.4. Sales Footprint
            20.1.8.5. Strategy Overview
                20.1.8.5.1. Marketing Strategy
                20.1.8.5.2. Product Strategy
                20.1.8.5.3. Channel Strategy
        20.1.9. Schneider Electric
            20.1.9.1. Overview
            20.1.9.2. Product Portfolio
            20.1.9.3. Profitability by Market Segments
            20.1.9.4. Sales Footprint
            20.1.9.5. Strategy Overview
                20.1.9.5.1. Marketing Strategy
                20.1.9.5.2. Product Strategy
                20.1.9.5.3. Channel Strategy
        20.1.10. Mitsubishi Electric
            20.1.10.1. Overview
            20.1.10.2. Product Portfolio
            20.1.10.3. Profitability by Market Segments
            20.1.10.4. Sales Footprint
            20.1.10.5. Strategy Overview
                20.1.10.5.1. Marketing Strategy
                20.1.10.5.2. Product Strategy
                20.1.10.5.3. Channel Strategy
21. Assumptions & Acronyms Used
22. Research Methodology
 
Recommendations

Industrial Automation

Surge Tanks Market

August 2022

REP-GB-6277

342 pages

Explore Industrial Automation Insights

View Reports
Future Market Insights

Surge Arrester Market

Schedule a Call