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Distribution Surge Arrester Market Share

Report ID: GMI8075
Published Date: Feb 2024
Report Format: PDF

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Distribution Surge Arrester Market Share

Global Company Market Share Analysis, 2023, (%)

Siemens Energy stands out as a dominant force in the market due to its comprehensive range of surge protection solutions and extensive global presence. With a proven track record of innovation and reliability, Siemens Energy consistently delivers cutting-edge technology and tailored solutions to meet the evolving needs of the distribution class surge arrester market. Its robust research and development capabilities, coupled with a commitment to quality and customer satisfaction, reinforce Siemens Energy's position as a leader in the industry.

Distribution Surge Arrester Market Companies

Some of the major key players operating across the distribution surge arrester industry are:

ABB
AK Power Solutions Pty Ltd.
CHINT Group
CG Power & Industrial Solutions Ltd.
DEHN SE
Eaton
Elektrolites
Elpro
Ensto
General Electric
Hubbell
Izoelektro
MacLean Power Systems
Nanyang Jinniu Electric Co., Ltd.
Orient Electric International Group Limited
Rex Power Magnetics
Siemens Energy
Surgetek
TDk Electronics AG
TE Connectivity

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of distribution surge arrester was reached USD 506.7 million in 2023 and is anticipated to grow at a CAGR of over 5.7% through 2032, driven by the increasing demand for reliable electricity distribution networks.

Medium voltage distribution surge arresters market is anticipated to grow rapidly through 2032, driven by increasing industrialization, urbanization, and infrastructural developments

Asia Pacific market for distribution surge arrester will account for over USD 285 million by 2032, driven by rapid industrialization and urbanization across emerging economies in the region, that are fueling the demand for reliable electricity distribution networks.

ABB, AK Power Solutions Pty Ltd., CHINT Group, CG Power & Industrial Solutions Ltd., DEHN SE, Eaton, Elektrolites, Elpro, Ensto, General Electric are some of the major industry contenders.