Press release
Global Lightning Arrester Market to Witness a Pronounce Growth During 2023
A Lightning Arrester is a device, used on power systems, which contains billions of electronic switches that divert lightning around sensitive equipment and protects them from damage of lightening and switching surges. There are four different classes of arresters, including station class, intermediate class, distribution class and secondary class.
Lightning arrester product demand is in a certain space, and the main consumer countries are moderately developed countries and developed countries.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
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Global Lightning Arrester Market: Forecast by Type / Application / Region
In the last few years, the total number of new type of lightning arrester developed by domestic manufacturers is limited. This shows that the efforts to develop new product in China is not enough, but also shows that the allocation space of domestic lightning arrester still need to expand. There is still a big gap compared with the imported lightning arrester.
Over the next five years, LPI(LP Information) projects that Lightning Arrester will register a 1.7% CAGR in terms of revenue, reach US$ 1370 million by 2023, from US$ 1240 million in 2017.
Global Lightning Arrester Market: Key Players
ABB
SIEMENS
Hubbell
Cooper
TOSHIBA
MEIDEN（TRIDELTA）
Streamer
Lamco
Shreem
Jingguan
China XD
Fushun Electric Porcelain
Hengda ZJ
PG Toshiba (Langfang) Arrester
FVA Electric Apparatus
Silver Star
Yikun Electric
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Related Information:
United States Lightning Arrester Market Research Report 2018
Europe Lightning Arrester Market Research Report 2018
North America Lightning Arrester Market Research Report 2018
Asia-Pacific Lightning Arrester Market Research Report 2018
China Lightning Arrester Market Research Report 2018
EMEA Lightning Arrester Market Research Report 2018
Global Lightning Arrester Market Research Report 2018
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