Lightning Arrester Market Trends, Growth, Opportunities, Scope & Detail Survey by 2027

Lightning Arrester Market: Introduction

A lightning arrester is used to protect an electric power and telecommunication system from the high-voltage surge of lightning. It does not allow current to flow to the ground until system voltage reaches the normal level.

Lightning arresters are rated for voltage only and they are designated as 100%, 80% and 70% arresters. The 80% arresters are suitable for use in solidly grounded systems, whereas 100% arresters are used on systems with isolated neutrals and systems earthed through impedances.

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The global lightning arrester market is anticipated to expand at a rapid pace during the forecast period, owing to increased demand for lightning arresters for use as protective devices for overhead lines, sub-stations, generating stations, cables, and rotating machinery

Key Drivers of Global Lightning Arrester Market

Lightning arresters are used to protect conductor and electronic components from the effect of lightning

Rise in the demand for electric appliances and housewares is augmenting the requirement for protective systems. Since these devices are extremely sensitive to high voltage, lightning arresters need to be installed. This factor is anticipated to boost the demand for lightning arresters in the near future. The impact of this driver is estimated to be high throughout the forecast period.

Companies operating in the global lightning arrester market are investing in the expansion of their product portfolios as well as distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions in order to cater to the increasing demand for lightning arresters across the globe.

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Middle East & Africa Market to Witness Attractive Opportunities

The lightning arrester market in Middle East & Africa is estimated to expand at the most rapid pace during the forecast period. This can be attributed to increasing investments in smart grids and energy systems in the region.
The Middle East & Africa region consists of countries such as Saudi Arabia, the UAE, and Qatar, wherein people have high purchasing power. Rapid industrialization and aging power infrastructure in these countries are expected to positively impact the lightning arrester market in the region during the forecast period.

The construction & infrastructure industry in the region is expected to expand in the near future. This factor, in turn, is expected to promote growth of the global lightning arrester market during the forecast period.

Investments in Infrastructure of Smart Grids to Drive Market

Governments of several countries are investing in smart grid infrastructure as a strategic investment for increasing the energy efficiency
This strategic investment in infrastructure is expected to enable long-term economic growth of these countries and help them reduce carbon emissions

This, in turn, is anticipated to boost the demand for lightning arresters required for protection of electric power circuits in the next few years
Asia Pacific to Hold a Major Share of Global Lightning Arrester Market

Asia Pacific is a leading consumer of lightning arresters, followed by North America and Europe. China and India are key markets in the region. In terms of demand, the two countries account for a major share of the market for lightning arresters in Asia Pacific.

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