- September 19, 2020
- Category: Energy and Power, Power Generation and Storage
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
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 10.2.1.1. Type breakdown estimates & forecasts, 2017-2027 10.2.1.2. Voltage breakdown estimates & forecasts, 2017-2027 10.2.1.3. Class breakdown estimates & forecasts, 2017-2027 10.2.1.4. application breakdown estimates & forecasts, 2017-2027 10.2.1.5. 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 184.108.40.206. Key Information 220.127.116.11. Overview 18.104.22.168. Financial (Subject to Data Availability) 22.214.171.124. Product Summary 126.96.36.199. 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:
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:
Extra High Voltage
AIS (Air insulated switchgear )
GIS(Gas insulated switchgear)
By end user:
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
Value-Added Resellers (VARs)
Third-party knowledge providers