Global Surge arrester market to reach USD 2.1 billion by 2027.

Global Surge arrester market Size study, by Type (Polymeric, porcelain), by Voltage (Medium Voltage, High Voltage, Extra High Voltage),by class(Distribution Class, Intermediate Class, Station Class), by Application (AIS,GIS), by end user (Utilities, Industries, Transportation), and Regional Forecasts 2020-2027
Product Code:  EAPPGAS_73186279
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	surge arrester market, by Region, 2018-2027 (USD Billion)
1.2.2.	surge arrester market, by  Type, 2018-2027 (USD Billion)
1.2.3.	surge arrester market, by  Voltage, 2018-2027 (USD Billion)
1.2.4.	surge arrester market, by   Class, 2018-2027 (USD Billion)
1.2.5.	surge arrester market, by  Application, 2018-2027 (USD Billion)
1.2.6.	surge arrester market, by   End user, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global surge arrester market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global surge arrester market Dynamics	
3.1.	surge arrester market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global surge arrester market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global surge arrester market, by Type
5.1.	Market Snapshot 
5.2.	Global surge arrester market by Type , Performance - Potential Analysis
5.3.	Global surge arrester market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4.	surge arrester market, Sub Segment Analysis
5.4.1.	Polymeric
5.4.2.	porcelain
Chapter 6.	Global surge arrester market, by  Voltage
6.1.	Market Snapshot 
6.2.	Global surge arrester market by  Voltage, Performance - Potential Analysis
6.3.	Global surge arrester market Estimates & Forecasts by  Voltage 2017-2027 (USD Billion)
6.4.	surge arrester market, Sub Segment Analysis
6.4.1.	Medium Voltage
6.4.2.	High Voltage
6.4.3.	Extra High Voltage
Chapter 7.	Global surge arrester market, by  Class
7.1.	Market Snapshot 
7.2.	Global surge arrester market by Class, Performance - Potential Analysis
7.3.	Global surge arrester market Estimates & Forecasts by Class 2017-2027 (USD Billion)
7.4.	surge arrester market, Sub Segment Analysis
7.4.1.	Distribution Class
7.4.2.	Intermediate Class
7.4.3.	Station Class
Chapter 8.	Global surge arrester market, by  Application
8.1.	Market Snapshot 
8.2.	Global surge arrester market by  Application, Performance - Potential Analysis
8.3.	Global surge arrester market Estimates & Forecasts by  Application 2017-2027 (USD Billion)
8.4.	surge arrester market, Sub Segment Analysis
8.4.1.	AIS
8.4.2.	GIS
Chapter 9.	Global surge arrester market, by  end user
9.1.	Market Snapshot 
9.2.	Global surge arrester market by end user, Performance - Potential Analysis
9.3.	Global surge arrester market Estimates & Forecasts by end user 2017-2027 (USD Billion)
9.4.	surge arrester market, Sub Segment Analysis
9.4.1.	Utilities
9.4.2.	Industries
9.4.3.	Transportation
Chapter 10.	Global surge arrester market, Regional Analysis
10.1.	surge arrester market, Regional Market Snapshot 
10.2.	North America surge arrester market 
10.2.1.	U.S. surge arrester market	Type breakdown estimates & forecasts, 2017-2027	Voltage breakdown estimates & forecasts, 2017-2027	Class breakdown estimates & forecasts, 2017-2027	application breakdown estimates & forecasts, 2017-2027	end user breakdown estimates & forecasts, 2017-2027
10.2.2.	Canada surge arrester market
10.3.	Europe surge arrester market Snapshot
10.3.1.	U.K. surge arrester market 
10.3.2.	Germany surge arrester market
10.3.3.	France surge arrester market
10.3.4.	Spain surge arrester market
10.3.5.	Italy surge arrester market
10.3.6.	Rest of Europe surge arrester market
10.4.	Asia-Pacific surge arrester market Snapshot
10.4.1.	China surge arrester market 
10.4.2.	India surge arrester market 
10.4.3.	Japan surge arrester market
10.4.4.	Australia surge arrester market
10.4.5.	South Korea surge arrester market
10.4.6.	Rest of Asia Pacific surge arrester market
10.5.	Latin America surge arrester market Snapshot
10.5.1.	Brazil surge arrester market
10.5.2.	Mexico surge arrester market
10.6.	Rest of The World surge arrester market
Chapter 11.	Competitive Intelligence
11.1.	Top Market Strategies
11.2.	Company Profiles
11.2.1.	Hitachi ABB	Key Information	Overview	Financial (Subject to Data Availability)	Product Summary	Recent Developments
11.2.2.	Siemens Energy     
11.2.3.	General Electric  
11.2.4.	Eaton  
11.2.5.	Hubbell  
11.2.6.	CG Power     
11.2.7.	Schneider Electric   
11.2.8.	Meidensha  
11.2.9.	Mitsubishi Electric   
11.2.10.	Toshiba    

Chapter 12.	Research Process
12.1.	Research Process
12.1.1.	Data Mining
12.1.2.	Analysis
12.1.3.	Market Estimation
12.1.4.	Validation
12.1.5.	Publishing
12.2.	Research Attributes
12.3.	Research Assumption

Global Surge arrester market is valued at approximately USD 1.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.9 % over the forecast period 2020-2027. Surge Arrester is device that defends electrical power system from harm caused by switching and lightning effects. It is occasionally known as wave protection device to safeguard equipment in diffusion of power and in supply system. Surge arresters are vital components for the safeguard of electrical equipment in transmission and distribution(T&D) networks. They are positioned in transmission lines, substations, and additional parts of electrical networks. In addition, the global surge arrester market is growing investments in transmission & distribution (T&D) networks. Development and upgrading of T&D networks have an immediate impact on the market growth. For instance, according to IEA World Energy Outlook 2020, USD 2.3 trillion was spent globally in the electric network for the period of 2012–2019, with a yearly investment of around USD 283 billion through the same period. Financing in electrical networks is essential to consistently meet the rising electricity demands. With the rising electrification of traditionally non-electric sectors, due to the adoption of electric vehicles, such as transportation, the demand for electricity is expected to further augment during the forecast period. However, product counterfeiting by local players, may impede market growth over the forecast period of 2020-2027.

The regional analysis of the global Surge arrester market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share due to the technical developments in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to increasing need to increase renewable power generation capacity encourage utilities across APAC.
Major market player included in this report are:

Hitachi ABB
Siemens Energy
General Electric
CG Power
Schneider Electric
Mitsubishi Electric

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
By Voltage:
Medium Voltage
High Voltage
Extra High Voltage
By Class:
Distribution Class
Intermediate Class
Station Class
By Application:
AIS (Air insulated switchgear )
GIS(Gas insulated switchgear)
By end user:
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.

Target Audience of the Global Surge arrester market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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