openPR Logo
Press release

Surge Arrester Market Global Outlook 2021-2026: ABB Ltd., CG Power and Industrial Solutions Ltd, Siemens AG, Schneider electric SE

08-25-2021 12:55 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Global Surge Arrester Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.

The surge arrester market is expected to grow at a CAGR of over 5% during the forecast period of 2020 to  2025.

Click the link to get a Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/04061950537/surge-arrester-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=VVV

Key Market Players:

ABB Ltd., CG Power and Industrial Solutions Ltd, Siemens AG, Schneider electric SE, General Electric Company, Mitsubishi Electric Corporation, Legrand SA,  and Other

Key Market Trends

Industrial Sector to Dominate the Market

- The estimate for surge arrester market in 2018 was over USD 400 million, this figure is expected to grow even more owing to the factors like rapid urbanization and industrialization of developing countries like India, China, etc.
- Rise in focus on reducing downtime due to equipment failure and focus towards resolving power quality issues across industrialized economies caused by voltage spikes have helped the market grow in recent years and is expected to follow this trend in forecast period.
- Electricity supply to industrial sector was over 31.9 quadrillion BTU in 2012 and is expected to rise at an average rate of 1.3% per year to reach 46.3 quadrillion BTU in 2040.
- Industrial energy requirement of China increased fourfold from 14.8 quadrillion BTU in 1990 to 59.0 quadrillion BTU in 2012, all the while the share of electricity in energy supply have increased in this energy mix and is expected to do the same in forecast period.
- Therefore, the aforementioned factors, are expected to drive the market in forecast period, similar to the trend witnessed in recent years.

Asia Pacific to Dominate the Market Growth

- Asia-Pacific has dominated the surge arrester market growth in 2018 and is expected to continue its dominance in the coming years as well. The region has seen an unprecedented increase during the past few years and is expected to increase further during the forecast period.
- Industrial, residential and commercial sectors are witnessing steady growth in the region, which is expected to offer tremendous growth opportunity for the global surge arrester players.
- Chinas growth in energy intensive steel industry have been significant in recent years, with a quarter of global steel being produced in China in 2004 and rising to half of the global steel in 2013. This rise in steel industry helped the surge arrester market grow with it and is expected to do the same in forecast period.

Explore Full Report With Detailed TOC Here:
https://www.marketinsightsreports.com/reports/04061950537/surge-arrester-market-growth-trends-and-forecast-2020-2025?Mode=VVV                                                                                                                                                          

What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Surge Arrester market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Surge Arrester market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Surge Arrester market.

Market Segments: This part of the report discusses product type and application segments of the global Surge Arrester market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Surge Arrester used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format

- 3 months of analyst support

Buy Now:

https://www.marketinsightsreports.com/report/purchase/04061950537?mode=su?Mode=VVV

How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Contact Us:

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Surge Arrester Market Global Outlook 2021-2026: ABB Ltd., CG Power and Industrial Solutions Ltd, Siemens AG, Schneider electric SE here

News-ID: 2367089 • Views:

More Releases from Market Insights Reports

RTK Receiver Market Competition Strategies, Revenue Analysis, Key Players, Regio …
The qualitative report published by market intelligence data research on the RTK Receiver Market offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The RTK Receiver market report offers the historical data for 2017 to 2022 and also makes available the forecast data from the year 2023 to 2029 which is based on revenue. With
Head Emergency Immobilizer Market: Size, Share, Trends, Growth, and Revenue Projections by 2029 by Key Players | Boscarol , Abronn , MeBer , Spencer
Head Emergency Immobilizer Market: Size, Share, Trends, Growth, and Revenue Proj …
****Revolutionary New Findings have been Uncovered in the Latest Research Report.….! Global Head Emergency Immobilizer market Size, Status, and forecast for the 2023-2029 .The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the
4D Diagnostic Ultrasound System Market to See Huge Growth & Profitable Business 2023-2029 by Key Players | GE Healthcare , Samsung Healthcare , Philips , Alpinion
4D Diagnostic Ultrasound System Market to See Huge Growth & Profitable Business …
****Revolutionary New Findings have been Uncovered in the Latest Research Report.….! Global 4D Diagnostic Ultrasound System market Size, Status, and forecast for the 2023-2029 .The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of
Caulk Market 2023 Report Provides Pin Point Analysis of Changing Competition Dyn …
The qualitative report published by market intelligence data research on the Caulk Market offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Caulk market report offers the historical data for 2017 to 2022 and also makes available the forecast data from the year 2023 to 2029 which is based on revenue. With the help

All 5 Releases


More Releases for Surge

Surge Arrester Market estimated to improve the demand for surge arrester in the …
Surge arrester is a device which works as a protector for electrical equipment from over voltage transient caused by switching (internal) or lightning (external) activities. Surge arrester is widely utilized to protect the power transmission and distribution equipment and also in applications such as railways. The surge arrester is also known as transient voltage surge suppressor (TVSS) and surge protection device (SPD). To remain ‘ahead’ of your competitors, request for a
Global Surge Arrester Market Poised to Surge USD 105.84 million in 2022
The market research report titled “Global Surge Arrester Market Poised to Surge USD 105.84 million in 2022” and published by Zion Market Research provides an insightful comprehension about the growth aspects, dynamics, and working of the global Canada Surge Arrester Market. The report entails details about the market with data collected over the years with its wide-ranging analysis. It also comprises the competitive landscape within the market together with a
Global AV Surge Protectors Market Expectations & Growth Trends Highlighted until …
Growing concerns about the safety and protection of electronic devices are driving the Global AV Surge Protectors Market. AV surge protectors are electrical devices that protect electronic equipment against voltage spikes and power surges. An AV surge protector blocks the voltage when it crosses the safe threshold, i.e. 120V. AV surge protectors protect devices from permanent damage, wire burning, data loss, reduced life span of internal devices, and others. AV
Surge Protection Devices Market - Increased Usage of Consumer Electronics to Hel …
the global surge protection devices market is likely to exhibit a promising CAGR of 5.6% from 2014 to 2020, rising to a revenue opportunity of US$2,808.6 mn by 2020. Of the key applications of surge protection devices covered in the report, applications across the industrial segment accounted for a dominant share in the overall market in 2014, valuing at US$763.2 mn in the same year. Obtain Brochure For Latest Technology Advancements
Surge Arresters Market : Imminent Growth in Power Generation to Present Opportun …
The escalating demand for consumer electronics and appliances, triggered by the increasing disposable incomes and the frequent changes in the lifestyles of individuals across the world has fuelled the demand for surge arresters significantly. As these arresters are highly effective in adjusting and normalizing power consumption, they provide efficient protection to electronic appliances against the damages from sudden voltage surges, ensuring their and their surrounding’s safety. Browse The Report: http://www.transparencymarketresearch.com/surge-arresters-market.html Going
Surge Arresters Market - Demand for Surge Arresters Significantly across the Wor …
Surge arresters are used to protect electronic appliances and machineries from damages caused due to sudden voltage surges. The surge arresters are attached on the conductors just before it enters the electrical equipments. The market is expected to grow during the forecast period due to the increasing demand for electronic appliances in households across the globe. The market of surge arresters in primarily being driven due to the changing lifestyle of